Wisconsin 2025-2026 Regular Session

Wisconsin Senate Bill SB185 Compare Versions

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

Old	New	Differences
1	1	2025 - 2026 LEGISLATURE
2	2	LRB-2526/1
3	3	JK:cjs
4	4	2025 SENATE BILL 185
5	5	April 14, 2025 - Introduced by Senators JACQUE and SPREITZER, cosponsored by
6	6	Representatives KITCHENS, NOVAK, DUCHOW, MELOTIK, KREIBICH, BROWN,
7	7	BILLINGS, TRANEL, MURSAU, O'CONNOR, RIVERA-WAGNER, JOHNSON and
8	8	SHEEHAN. Referred to Committee on Agriculture and Revenue.
9	9	AN ACT to repeal 70.11 (29p); to renumber 70.11 (29m); to create 70.11 (29m)
10	10	(b) of the statutes; relating to: property tax exemption for nonprofit theaters.
11	11	Analysis by the Legislative Reference Bureau
12	12	Current law provides a property tax exemption for property owned or leased
13	13	by a nonprofit organization that includes one or more outdoor theaters for
14	14	performing theater arts which have a total seating capacity of not less than 400
15	15	persons. In addition, in order to claim the exemption, the Internal Revenue Service
16	16	must have confirmed the organization[s federal tax exempt status in a
17	17	determination letter issued no later than July 31, 1969.
18	18	This bill modifies the exemption so that it applies to property owned or leased
19	19	by a nonprofit organization that includes one or more theaters for performing
20	20	theater arts, regardless of whether the theaters are outdoors or indoors. In
21	21	addition, in order to claim the exemption, the total capacity of the theaters must be
22	22	not less than 240 persons and the IRS must have confirmed the organization[s
23	23	federal tax exempt status in a determination letter issued no later than October 1,
24	24	1990.
25	25	Because this bill relates to an exemption from state or local taxes, it may be
26	26	referred to the Joint Survey Committee on Tax Exemptions for a report to be
27	27	printed as an appendix to the bill.
28	28	For further information see the local fiscal estimate, which will be printed as
29	29	an appendix to this bill.
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31	31	2 2025 - 2026 Legislature
32	32	SENATE BILL 185
33	33	- 2 - LRB-2526/1
34	34	JK:cjs
35	35	SECTION 1
36	36	The people of the state of Wisconsin, represented in senate and assembly, do
37	37	enact as follows:
38	38	SECTION 1. 70.11 (29m) of the statutes is renumbered 70.11 (29m) (a).
39	39	SECTION 2. 70.11 (29m) (b) of the statutes is created to read:
40	40	70.11 (29m) (b) All the property owned or leased by an organization that is
41	41	exempt from taxation under section 501 (c) (3) of the Internal Revenue Code, as
42	42	confirmed by a determination letter issued by the Internal Revenue Service no later
43	43	than October 1, 1990, if all of the property is used for the purposes for which the
44	44	exemption was granted, the property includes one or more theaters for performing
45	45	theater arts which have a total seating capacity of not less than 240 persons, and
46	46	the organization operates the theater or theaters.
47	47	SECTION 3. 70.11 (29p) of the statutes is repealed.
48	48	SECTION 4. Initial applicability.
49	49	(1) This act first applies to property tax assessments as of January 1, 2025.
50	50	(END)
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