Date of enactment: March 21, 2024
2023 Senate Bill 323 Date of publication*: March 22, 2024
2023 WISCONSIN ACT 140
AN ACT to renumber and amend 76.81; and to create 76.81 (2) of the statutes; relating to: exempting personal
property from the tax imposed on telephone companies.
The people of the state of Wisconsin, represented in
senate and assembly, do enact as follows:
SECTION 1. 76.81 of the statutes is renumbered 76.81
(1) and amended to read:
76.81 (1) There Except as provided in sub. (2), there
is imposed a tax on the real property of, and the tangible
personal property of, every telephone company, exclud-
ing property that is exempt from the property tax under
s. 70.11 (39) and (39m), motor vehicles that are exempt
under s. 70.112 (5), property that is used less than 50 per-
cent in the operation of a telephone company, as provided
under s. 70.112 (4) (b), treatment plant and pollution
abatement equipment that is exempt under s. 70.11 (21),
and qualified broadband service property. Except as pro-
vided in s. 76.815, the rate for the tax imposed on each
description of real property and on each item of tangible
personal property is the net rate for the prior year for the
tax under ch. 70 in the taxing jurisdictions where the
description or item is located. The real and tangible per-
sonal property of a telephone company shall be assessed
as provided under s. 70.112 (4) (b).
SECTION 2. 76.81 (2) of the statutes is created to read:
76.81 (2) Beginning with the assessments as of Janu-
ary 1, 2027, the tangible personal property of a telephone
company is exempt from taxation under this subchapter.
* Section 991.11, WISCONSIN STATUTES: Effective date of acts. “Every act and every portion of an act enacted by the legislature over the governor’s
partial veto which does not expressly prescribe the time when it takes effect shall take effect on the day after its date of publication.”