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HomeMy WebLinkAboutResolution 1983 (23)RESOLUTION REGARDING REAL ESTATE TRANSFER FEES. Resolution # �� WHEREAS, Real Estate Transfer Fees are imposed by the State of Wisconsin, but are collected by the Register of Deeds of each county and paid to the State of Wisconsin by the County Treasurer of each county; and WHEREAS, prior to September 1, 1981, the Real Estate Transfer Fee was $1.00 per thousand dollars of the purchase price of property and the fees were divided equally between the State of Wisconsin and the individual counties; and WHEREAS, on September 1, 1981, the Real Estate Transfer Fee was raised from $1.00 per thousand dollars to $3.00 per thousand dollars of the purchase price of property and the division of the fees was changed to 80% of the fees to the State of Wisconsin and 20% to the counties, or $2.40 to the State of Wisconsin, and $.60 to the counties; and WHEREAS, the County Register of Deeds and the County Treasurer perform all of the functions of collecting, recording, and transfering of the fees; and WHEREAS, under the provisions of Assembly Bill 28 and Senate Bill 122, counties would again be permitted to retain 50% of the fee. NOW THEREFORE, BE IT RESOLVED by the St. Croix County Board of Supervisors, meeting in regular session, that the St. Croix County Board of Supervisors goes on record in support of Assembly Bill 28 and Senate Bill 122; and BE IT FURTHER RESOLVED that a copy of this resolution be forwarded by the County Clerk to each member of the Wisconsin Legislature serving St. Croix County, the Governor of Wisconsin, and the Wisconsin Counties Association. Dated this day of �,J41' J 2� , 1983. Negative GENERAL SERVICES COMMITTEE Affirmative z