LRB-3961/1
JK:lmk:rs
2007 - 2008 LEGISLATURE
February 5, 2008 - Introduced by Senators Lazich, Grothman, Kapanke, Roessler,
Lassa and Olsen, cosponsored by Representatives Kleefisch, Nass, Kramer,
Musser, Wood, Hahn, Tauchen, Vruwink, Sinicki and Boyle. Referred to
Committee on Tax Fairness and Family Prosperity.
SB455,1,3
1An Act to amend 71.82 (1) (a); and
to create 71.82 (1) (am) of the statutes;
2relating to: interest on amounts sent to a taxpayer in error and subsequently
3returned to the Department of Revenue.
Analysis by the Legislative Reference Bureau
Under this bill, the Department of Revenue (DOR) may not add interest to any
money a taxpayer returns to DOR, if the taxpayer received the money as result of
DOR's error.
The people of the state of Wisconsin, represented in senate and assembly, do
enact as follows:
SB455, s. 1
4Section
1. 71.82 (1) (a) of the statutes is amended to read:
SB455,1,85
71.82
(1) (a)
In Except as provided in par. (am), in assessing taxes interest shall
6be added to such taxes at 12% per year from the date on which such taxes if originally
7assessed would have become delinquent if unpaid, to the date on which such taxes
8when subsequently assessed will become delinquent if unpaid.
SB455, s. 2
9Section
2. 71.82 (1) (am) of the statutes is created to read:
SB455,2,2
171.82
(1) (am) No interest shall be added to moneys returned to the department
2by a taxpayer who received the moneys as a result of the department's error.
SB455,2,54
(1) This act first applies to moneys returned on the effective date of this
5subsection.
