Home »
All Sessions »
2009-2010 Session » 235 Relating to: eliminating obsolete provisions related to the use value assessment of agricultural land (suggested as remedial legislation by the Department of Revenue).
235 Relating to: eliminating obsolete provisions related to the use value assessment of agricultural land (suggested as remedial legislation by the Department of Revenue).
-
2009 WISCONSIN ACT
235
An Act
to repeal
70.32 (2r) (a) and (b); and
to renumber and amend
70.32 (2r) (c) of the statutes;
relating to:
eliminating obsolete provisions related to the use value assessment of agricultural land (suggested as remedial legislation by the Department of Revenue).
The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:
Section
1
.
70.32 (2r) (a) and (b) of the statutes are repealed.
Section
2
.
70.32 (2r) (c) of the statutes is renumbered 70.32 (2r) and amended to read:
70.32
(2r)
For the assessment as of the January 1 after the valuation method under par. (b) no longer applies and for each assessment thereafter, agricultural
Agricultural
land shall be assessed according to the income that could be generated from its rental for agricultural use.