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- 2024 LEGISLATURE LRB-2291/1 KP:cdc ASSEMBLY BILL 480 October 12, 2023 - Introduced by Representatives CHUTT , EHNKE , BODDEN, DONOVAN , GOEBEN, GREEN , GUSTAFSON, HURD, K ITCHEN, K URTZ, MACCO, MELOTIK, M ICHALSK, M OSES, M URPHY, M URSAU , NEDWESKI , OC ONNOR, PENTERMAN , LUMER , RETTINGER and W ICHGERS, cosponsored by Senators TOMCZYK, COWLES, MARKLEIN, NASS, TROEBEL and W ANGGAARD .
Date of enactment:
Referred to Committee on Ways and Means.
Assembly Bill 480 Date of publication*:
A N A CT to create 71.613 (3) (am) of the statutes;
WISCONSIN ACT A N A CT to renumber 71.613 (3) (d) 1.;
and to create 71.613 (3) (am), 71.613 (3) (d) 1e.
and 71.613 (3) (d) 1m.
of the statutes;
Analysis by the Legislative Reference Bureau This bill disallows a person from claiming the farmland preservation tax credit for any part of the claimant's qualifying acres on which a photovoltaic solar energy system that is not an integral part of or incidental to an agricultural use.
The people of the state of Wisconsin, represented in 71.613(3) (d) 1e.
Under current law, a person may claim an individual income or corporate income and franchise tax credit for the person's land engaged in an agricultural use, if the land is covered by a farmland preservation agreement or located in a farmland preservation zoning district, or both.
The number of the claimant’s quali- senate and assembly, do enact as follows:
For further information see the state fiscal estimate, which will be printed as an appendix to this bill.
fying acres.
The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:
71.613 (3) (am) of the statutes is created to read:
71.613 (3) (am) of the statutes is created SECTION 1s.
71.613 (3) (am) No credit may be allowed under this section for any part of a claimant's qualifying acres on which a photovoltaic solar energy system, as defined - 2024 Legislature - 2 - LRB-2291/1 KP:cdc ASSEMBLY BILL 480 SECTION 1 in s.
71.613 (3) (d) 1m.
of the statutes is cre- to read:
ated to read:
71.613(3) (d) 1m.
The number of qualifying acres on 71.613(3) (am) No credit may be allowed under this section for any part of a claimant’s qualifying acres on which a photovoltaic solar energy system, as defined in which a photovoltaic solar energy system, as defined in s.
d., that is not an accessory use, as s.
13.48 (2) (h) 1.
91.01 (1), is located during any part of the defined in s.
taxable year.
(1) This act first applies to taxable years beginning after December 31, 2022.
SECTION 1e.
(END)
71.613 (3) (d) 1.
of the statutes is renum- (1) This act first applies to taxable years beginning after December 31, 2023.
bered 71.613 (3) (d) 1s.
SECTION 1m.
71.613 (3) (d) 1e.
of the statutes is cre- ated to read:
* Section 991.11,ISCONSINSTATUTES:
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.”
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