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Bills · 2019-2020 Regular Session

AB 691

Became law Official bill text Atom feed

Relating to: prohibiting an assessor from changing the valuation of property based solely on a recent sale of the property. (FE)

Property tax — Assessment

  1. Introduced, completed
  2. Passes Assembly, completed
  3. Passes Senate, completed
  4. Governor signs, completed
  5. Law, completed

Unfamiliar terms? Glossary

What this bill does

Plain-language analysis by the nonpartisan Legislative Reference Bureau

Current law requires that, to determine a property's value for property tax

purposes, the assessor consider recent arm's-length sales of the property to be

assessed if according to professionally acceptable appraisal practices those sales

conform to recent arm's-length sales of reasonably comparable property. This bill

prohibits an assessor from changing the assessed value of a property based solely on

the recent arm's-length sale of the property unless the change in assessed value

corrects a previous assessment based on incorrect information about the physical

characteristics of the property.

What it would cost

Fiscal estimates filed by state agencies, as official PDFs

Sponsors

Introduced by: Brooks (R) , Gundrum (R) , Horlacher (R) , Knodl (R) , Kuglitsch (R) , Kulp (R) , Magnafici (R) , Murphy (R) , Ramthun (R) , Skowronski (R) , Thiesfeldt (R) , Wichgers (R)

5 cosponsors

Carpenter (D) , Craig (R) , Edming (R) , Hutton (R) , Nass (R)

Votes

Assembly: Report Assembly Substitute Amendment 1 adoption recommended by Committee on Housing and Real Estate, Ayes 9, Noes 0

Passed 9–0 Feb 18, 2020 official source full page

No individual roll call was recorded for this vote. Committee votes and some older sessions record totals only.

Assembly: Report passage as amended recommended by Committee on Housing and Real Estate, Ayes 9, Noes 0

Passed 9–0 Feb 18, 2020 official source full page

No individual roll call was recorded for this vote. Committee votes and some older sessions record totals only.

Full history

  1. Dec 23, 2019 · Assembly

    Introduced by Representatives Brooks, Gundrum, Horlacher, Knodl, Kuglitsch, Kulp, Magnafici, Murphy, Ramthun, Skowronski, Thiesfeldt and Wichgers; cosponsored by Senators Craig and Nass

  2. Dec 23, 2019 · Assembly

    Read first time and referred to Committee on Housing and Real Estate

  3. Jan 6, 2020 · Assembly

    Fiscal estimate received

  4. Jan 7, 2020 · Assembly

    Public hearing held

  5. Jan 29, 2020 · Assembly

    Representative Hutton added as a coauthor

  6. Jan 30, 2020 · Assembly

    Assembly Substitute Amendment 1 offered by Representative Brooks

  7. Feb 6, 2020 · Assembly

    Executive action taken

  8. Feb 11, 2020 · Assembly

    Representative Edming added as a coauthor

  9. Feb 18, 2020 · Assembly

    Referred to committee on Rules

  10. Feb 18, 2020 · Assembly

    Rules suspended to withdraw from committee on Rules and take up

  11. Feb 18, 2020 · Assembly

    Read a second time

  12. Feb 18, 2020 · Assembly

    Assembly Substitute Amendment 1 adopted

  13. Feb 18, 2020 · Assembly

    Ordered to a third reading

  14. Feb 18, 2020 · Assembly

    Rules suspended

  15. Feb 18, 2020 · Assembly

    Read a third time and passed

  16. Feb 18, 2020 · Assembly

    Ordered immediately messaged

  17. Feb 18, 2020 · Assembly

    Report Assembly Substitute Amendment 1 adoption recommended by Committee on Housing and Real Estate, Ayes 9, Noes 0

  18. Feb 18, 2020 · Assembly

    Report passage as amended recommended by Committee on Housing and Real Estate, Ayes 9, Noes 0

  19. Feb 19, 2020 · Senate

    Received from Assembly

  20. Feb 19, 2020 · Senate

    Read first time and referred to committee on Senate Organization

  21. Feb 19, 2020 · Senate

    Available for scheduling

  22. Feb 19, 2020 · Senate

    Senator Carpenter added as a cosponsor

  23. Feb 19, 2020 · Senate

    Rules suspended to withdraw from committee on Senate Organization and take up

  24. Feb 19, 2020 · Senate

    Read a second time

  25. Feb 19, 2020 · Senate

    Ordered to a third reading

  26. Feb 19, 2020 · Senate

    Rules suspended

  27. Feb 19, 2020 · Senate

    Read a third time and concurred in

  28. Feb 19, 2020 · Senate

    Ordered immediately messaged

  29. Feb 20, 2020 · Assembly

    Received from Senate concurred in

  30. Feb 25, 2020 · Assembly

    Report correctly enrolled on 2-25-2020

  31. Feb 28, 2020 · Assembly

    Presented to the Governor on 2-28-2020 by directive of the Speaker

  32. Feb 28, 2020 · Assembly

    Report approved by the Governor on 2-28-2020. 2019 Wisconsin Act 114

  33. Feb 28, 2020 · Assembly

    Published 2-29-2020