Bills · 2011-2012 Regular Session
creating an individual income tax subtract modification for amounts received from the well contamination and abandonment compensation program.
- Introduced, stopped here
- Passes Assembly, not reached
- Passes Senate, not reached
- Governor signs, not reached
- Law, not reached
Unfamiliar terms? Glossary
What this bill does
Plain-language analysis by the nonpartisan Legislative Reference Bureau
Under current law, the Department of Natural Resources (DNR) administers
a program that provides compensation to persons with contaminated wells and wells
that are unused. A person with a family income of not more than $65,000 may be
eligible for the program. The program generally pays 75 percent of eligible costs with
a maximum award of $9,000. Eligible costs include the costs of treating the well
water, of constructing a new well or obtaining clean water from another source, or
of abandoning an unused well.
This bill creates an individual income tax subtract modification for amounts
received by an individual from DNR under the contaminated and abandoned wells
compensation program. Under the bill, the amount of the award received by an
individual is exempt from taxation.
Because this bill relates to an exemption from state or local taxes, it may be
referred to the Joint Survey Committee on Tax Exemptions for a report to be printed
as an appendix to the bill.
What it would cost
Fiscal estimates filed by state agencies, as official PDFs
Sponsors
Full history
- Mar 8, 2011 · Assembly
Introduced by Representatives A. Ott, Ballweg, Berceau, Brooks, Molepske Jr, Mursau, Petrowski, Spanbauer, Thiesfeldt and Jorgensen;Cosponsored by Senators Moulton and Schultz
- Mar 8, 2011 · Assembly
Read first time and referred to committee on Ways and Means
- Mar 17, 2011 · Assembly
Fiscal estimate received
- Apr 7, 2011 · Assembly
Fiscal estimate received
- Mar 23, 2012 · Assembly
Failed to pass pursuant to Senate Joint Resolution 1