61 Relating to: utility aid payments for decommissioned or closed production plants. (FE)

  Date of enactment: October 7, 2015
2015 Senate Bill 252   Date of publication*: October 8, 2015

* Section 991.11, Wisconsin Statutes : Effective date of acts. "Every act and every portion of an act enacted by the legislature over the governor's partial veto which does not expressly prescribe the time when it takes effect shall take effect on the day after its date of publication."

2015 WISCONSIN ACT 61

An Act to amend 79.04 (5) (a) (intro.) and 79.04 (5) (b) (intro.) of the statutes; relating to: utility aid payments for decommissioned or closed production plants.

The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:

Section 1 . 79.04 (5) (a) (intro.) of the statutes is amended to read:

79.04 (5) (a) (intro.) Beginning with the distributions in 2005, if If property that was exempt from the property tax under s. 70.112 (4) and that was used to generate power by a light, heat, or power company, except property under s. 66.0813, unless the production plant is owned or operated by a local governmental unit located outside of the municipality, or by an electric cooperative, or by a municipal electric company under s. 66.0825, is decommissioned or closed , the municipality shall be paid, from the public utility account, an amount calculated by subtracting an amount equal to the property taxes paid for that property during the current year to the municipality for its general operations from equal to the following percentages of the payment that the municipality received under this section during the last year that the property was exempt from the property tax:

Section 2 . 79.04 (5) (b) (intro.) of the statutes is amended to read:

79.04 (5) (b) (intro.) Beginning with the distributions in 2005, if If property that was exempt from the property tax under s. 70.112 (4) and that was used to generate power by a light, heat, or power company, except property under s. 66.0813, unless the production plant is owned or operated by a local governmental unit located outside of the municipality, or by an electric cooperative, or by a municipal electric company under s. 66.0825, is decommissioned or closed , the county shall be paid, from the public utility account, an amount calculated by subtracting an amount equal to the property taxes paid for that property during the current year to the county for its general operations from equal to the following percentages of the payment the county received under this section during the last year that the property was exempt from the property tax:

Section 3 . Initial applicability.

(1) This act first applies to distributions in 2015.