Bills · 2019-2020 Regular Session
Relating to: correcting the 2019 personal property aid distribution. (FE)
Administration department of — Budget and fiscal issues Property tax Revenue department of Shared revenue
- Introduced, stopped here
- Passes Senate, not reached
- Passes Assembly, 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
This bill provides that if the Department of Administration or Department of
Revenue determines by August 15, 2020, that there was an overpayment or
underpayment made in DOR's certification for the 2019 personal property aid
distribution to taxing jurisdictions, DOR must correct any underpayments by
increasing the subsequent year's distribution. Corrections will be made without
interest, but no corrections will be made for overpayments.
Under current law, DOR corrects any overpayment in shared revenue and local
aid payments (which include the personal property aid distribution) by reducing the
subsequent year's distribution and corrects any underpayment in such payments by
increasing the subsequent year's distribution. Under current law, the corrections
are made without interest.
What it would cost
Fiscal estimates filed by state agencies, as official PDFs
Sponsors
Full history
- Feb 11, 2020 · Senate
Introduced by Senators Petrowski, Marklein, Wirch, Stroebel and Cowles; cosponsored by Representatives Tusler, Snyder, McGuire, Quinn, Spiros and Ohnstad
- Feb 11, 2020 · Senate
Read first time and referred to Committee on Agriculture, Revenue and Financial Institutions
- Feb 20, 2020 · Senate
Fiscal estimate received
- Feb 20, 2020 · Senate
Representative Vining added as a cosponsor
- Apr 1, 2020 · Senate
Failed to pass pursuant to Senate Joint Resolution 1