Bills · 2015-2016 Regular Session
Relating to: determining equalized property values. (FE)
County — Taxation Data processing Property tax Revenue, department of
- Introduced, completed
- Passes Assembly, completed
- Passes Senate, completed
- Governor signs, completed
- Law, completed
Unfamiliar terms? Glossary
What this bill does
Plain-language analysis by the nonpartisan Legislative Reference Bureau
Under current law, annually, the Department of Revenue (DOR) determines
the full value of the property of each county and taxation district and, on August 15,
notifies each county and taxation district of that value. This property valuation is
known as "equalized value." DOR determines the equalized value of all property in
the state to ensure, generally, that the property is being assessed at its full value.
If DOR makes an error in determining the equalized value of the property of any
county or taxation district, DOR, generally, corrects the error by adjusting the
county's or taxation district's equalized value in the year after the year in which DOR
made the error.
Under this bill, on or before August 1, DOR must publish on its Internet site for
each county and taxation district a preliminary determination of its equalized value.
If a county or taxation district discovers an error in DOR's determination that would
result in the overvaluation or undervaluation of the property located in the county
or taxation district, the county or taxation district must notify DOR of the error no
later than August 7. Under the bill, DOR must correct any such error so that the
equalized value determination that is submitted to the county or taxation district on
August 15 is correct.
What it would cost
Fiscal estimates filed by state agencies, as official PDFs
Sponsors
Votes
Assembly: Report passage recommended by Committee on Urban and Local Affairs, Ayes 9, Noes 0
Passed 9–0 Feb 4, 2016 official source full pageNo individual roll call was recorded for this vote. Committee votes and some older sessions record totals only.
Senate: Public hearing requirement waived by committee on Senate Organization, pursuant to Senate Rule 18 (1m), Ayes 3, Noes 2
Passed 3–2 Mar 14, 2016 official source full pageNo individual roll call was recorded for this vote. Committee votes and some older sessions record totals only.
Full history
- Dec 7, 2015 · Assembly
Introduced by Representatives Kerkman, Ballweg, Billings, E. Brooks, R. Brooks, Doyle, Jacque, Kahl, Kremer, Murtha, Petryk, Subeck, Weatherston and Bernier; cosponsored by Senators Olsen, Ringhand and Wanggaard
- Dec 7, 2015 · Assembly
Read first time and referred to Committee on Urban and Local Affairs
- Dec 14, 2015 · Assembly
Fiscal estimate received
- Jan 20, 2016 · Assembly
Public hearing held
- Feb 3, 2016 · Assembly
Executive action taken
- Feb 4, 2016 · Assembly
Report passage recommended by Committee on Urban and Local Affairs, Ayes 9, Noes 0
- Feb 4, 2016 · Assembly
Referred to committee on Rules
- Feb 4, 2016 · Assembly
Placed on calendar 2-9-2016 by Committee on Rules
- Feb 9, 2016 · Assembly
Ordered to a third reading
- Feb 9, 2016 · Assembly
Rules suspended
- Feb 9, 2016 · Assembly
Read a third time and passed
- Feb 9, 2016 · Assembly
Ordered immediately messaged
- Feb 9, 2016 · Assembly
Rules suspended to withdraw from calendar and take up
- Feb 9, 2016 · Assembly
Read a second time
- Feb 10, 2016 · Senate
Received from Assembly
- Feb 12, 2016 · Senate
Read first time and referred to committee on Revenue, Financial Institutions, and Rural Issues
- Mar 10, 2016 · Senate
Withdrawn from committee on Revenue, Financial Institutions, and Rural Issues and rereferred to committee on Senate Organization pursuant to Senate Rule 46(2)(c)
- Mar 10, 2016 · Senate
Available for scheduling
- Mar 14, 2016 · Senate
Public hearing requirement waived by committee on Senate Organization, pursuant to Senate Rule 18 (1m), Ayes 3, Noes 2
- Mar 14, 2016 · Senate
Placed on calendar 3-15-2016 pursuant to Senate Rule 18(1)
- Mar 15, 2016 · Senate
Senator Carpenter added as a cosponsor
- Mar 15, 2016 · Senate
Read a second time
- Mar 15, 2016 · Senate
Ordered to a third reading
- Mar 15, 2016 · Senate
Rules suspended
- Mar 15, 2016 · Senate
Read a third time and concurred in
- Mar 15, 2016 · Senate
Ordered immediately messaged
- Mar 16, 2016 · Assembly
Received from Senate concurred in
- Mar 18, 2016 · Assembly
Report correctly enrolled on 3-18-2016
- Mar 29, 2016 · Assembly
Presented to the Governor on 3-29-2016
- Mar 31, 2016 · Assembly
Report approved by the Governor on 3-30-2016. 2015 Wisconsin Act 321
- Mar 31, 2016 · Assembly
Published 3-31-2016