Wisconsin § 76.48 - License fees, electric cooperatives.

§ 76.48. License fees, electric cooperatives.

76.48(1g) (1g) In this section: 76.48(1g)(a) (a) “Apportionment factor” has the meaning under s. 76.28 (1) (a) . 76.48(1g)(b) (b) “Book cost of utility plant” has the meaning set forth in the uniform system of accounts prescribed by the U.S. rural electrification administration in bulletin 181-1, dated January 1, 1978. 76.48(1g)(c) (c) “Electric cooperative” means a cooperative association organized under ch. 185 that carries on the business of generating, transmitting or distributing electric energy to its members at wholesale or retail. 76.48(1g)(d) (d) “Gross revenues” means total operating revenues, except revenues for interdepartmental sales and for interdepartmental rents, less deductions from the sales and use tax under s. 77.61 (4) and, in respect to any electric cooperative that purchases more than 50 percent of the power it sells, less the actual cost of power purchased for resale by an electric cooperative, if the revenue from that purchased electric power is included in the seller’s gross revenues or if the electric cooperative purchased more than 50 percent of the power it sold in the year prior to January 1, 1988, from a seller located outside this state. For an electric cooperative, “gross revenues” does not include grants awarded to the electric cooperative under s. 16.958 (2) (b) . For a retail electric cooperative, “gross revenues” does not include low-income assistance fees collected by the retail electric cooperative under s. 16.957 (5) (a) , low-income assistance fees received by the retail electric cooperative from a retail electric cooperative or municipal utility under a joint program established under s. 16.957 (5) (f) . For a wholesale supplier, as defined in s. 16.957 (1) (w) , “gross revenues” does not include any low-income assistance fees that are received from a municipal utility, as defined in s. 16.957 (1) (q) , or retail electric cooperative or under a joint program established under s. 16.957 (5) (f) . 76.48(1g)(dm) (dm) “Municipal utility” has the meaning given in s. 16.957 (1) (q) . 76.48(1g)(e) (e) “Payroll factor” has the meaning under s. 76.28 (1) (f) . 76.48(1g)(f) (f) “Property factor” has the meaning under s. 76.28 (1) (g) . 76.48(1g)(fm) (fm) “Retail electric cooperative” has the meaning given in s. 16.957 (1) (t) . 76.48(1g)(g) (g) “Sales factor” means a fraction the numerator of which is the electric cooperative’s total sales of electricity in this state, not including sales to out-of-state purchasers that are delivered to transmission facilities in this state, for the tax period and the denominator of which is the electric cooperative’s total sales of electricity for the tax period. 76.48(1g)(h) (h) “Tax period” has the meaning under s. 76.28 (1) (i) . 76.48(1r) (1r) Except as provided in s.