Wisconsin 2023-2024 Regular Session

Wisconsin Senate Bill SB845 Compare Versions

Only one version of the bill is available at this time.

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3	3	2023 - 2024 LEGISLATURE
4	4	2023 SENATE BILL 845
5	5	December 26, 2023 - Introduced by Senators H UTTON, TESTIN and NASS,
6	6	cosponsored by Representatives KRUG, DUCHOW, JACOBSON, MACCO, MAXEY,
7	7	MURPHY, PENTERMAN, STEFFEN, SUMMERFIELD and MELOTIK. Referred to
8	8	Committee on Universities and Revenue.
9	9	*AUTHORS SUBJECT TO CHANGE*
10	10	AN ACT to create 70.995 (2) (vb) and (vd), 71.07 (5n) (a) 9. d. and 71.28 (5n) (a)
11	11	9. d. of the statutes; relating to: standard industrial classification codes for
12	12	linen supply and industrial launderers and modifying the manufacturing and
13	13	agriculture tax credit.
14	14	Analysis by the Legislative Reference Bureau
15	15	Current law uses industry classifications set forth in the Standard Industrial
16	16	Classification manual, published by the federal government, for a number of
17	17	purposes, including to assess manufacturing property for property tax purposes.
18	18	Taxpayers who own property assessed as manufacturing are also eligible to claim
19	19	certain income tax credits and sales and use tax exemptions.
20	20	This bill adds SIC industry codes for linen supply and industrial launderers for
21	21	the purpose of assessing the property of such industries as manufacturing property.
22	22	The bill also modifies the definition of “qualified production property” for purposes
23	23	of claiming the manufacturing and agriculture tax credit to include items that are
24	24	laundered or dry cleaned and sold, leased, or rented to or exchanged with industrial,
25	25	commercial, or government users.
26	26	For further information see the state and local fiscal estimate, which will be
27	27	printed as an appendix to this bill.
28	28	The people of the state of Wisconsin, represented in senate and assembly, do
29	29	enact as follows:
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33	33	4 - 2 -2023 - 2024 Legislature LRB-5397/1
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35	35	SECTION 1 SENATE BILL 845
36	36	SECTION 1. 70.995 (2) (vb) and (vd) of the statutes are created to read:
37	37	70.995 (2) (vb) 7213 - Linen supply.
38	38	(vd) 7218 - Industrial launderers.
39	39	SECTION 2. 71.07 (5n) (a) 9. d. of the statutes is created to read:
40	40	71.07 (5n) (a) 9. d. The following items that are laundered or dry cleaned by
41	41	the claimant and sold, leased, or rented to or exchanged with industrial, commercial,
42	42	or government users: uniforms, gowns, and coats of the type used by doctors, nurses,
43	43	barbers, beauticians, and restaurant employees; table linens, bed linens, towels, and
44	44	similar items; work uniforms and related work clothing, such as protective flame and
45	45	heat resistant apparel and clean room apparel; mats and rugs; dust control items,
46	46	such as treated mops, rugs, mats, dust tool covers, and cloths; wiping towels; and
47	47	other similar items.
48	48	SECTION 3. 71.28 (5n) (a) 9. d. of the statutes is created to read:
49	49	71.28 (5n) (a) 9. d. The following items that are laundered or dry cleaned by
50	50	the claimant and sold, leased, or rented to or exchanged with industrial, commercial,
51	51	or government users: uniforms, gowns, and coats of the type used by doctors, nurses,
52	52	barbers, beauticians, and restaurant employees; table linens, bed linens, towels, and
53	53	similar items; work uniforms and related work clothing, such as protective flame and
54	54	heat resistant apparel and clean room apparel; mats and rugs; dust control items,
55	55	such as treated mops, rugs, mats, dust tool covers, and cloths; wiping towels; and
56	56	other similar items.
57	57	SECTION 4.0Initial applicability.
58	58	(1) The treatment of s. 70.995 (2) (vb) and (vd) first applies to property tax
59	59	exemptions as of January 1, 2024.
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86	86	SECTION 4
87	87	SENATE BILL 845
88	88	(2) The treatment of ss. 71.07 (5n) (a) 9. d. and 71.28 (5n) (a) 9. d. first applies
89	89	to taxable years beginning on January 1, 2024.
90	90	(END)
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