MADISON, Wis. (AP) - One of the leaders of the Legislature’s finance committee says his colleagues are pondering imposing a new tax on new bike sales.
Rep. John Nygren, a Marinette Republican, is co-chairman of the committee. He told reporters Thursday that Republicans on the panel are looking into inserting language in Gov. Scott Walker’s two-year budget plan that would create a tax on the sales of new bikes with wheels larger than 20 inches. The money would fund bike path construction. He said the tax could generate as much as $1.8 million in the budget’s first year and $3.8 million in the second.
Nygren says it’s just an idea right now and there’s a less than 50 percent chance it will actually happen.
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