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WI AB22

Bill

Official Source

Status

Introduced

2/6/2025

Primary Sponsor

Tony Kurtz

Click for details

Origin

State Assembly

2025-2026 Regular Session

AI Summary

  • Exempts Tax Incremental District Number 6 in the City of Middleton from the 12 percent cap on equalized taxable property value that normally limits TID creation

  • Requires TID Number 6 to be created on or before June 1, 2025 to qualify for the 12 percent exemption

  • Prohibits the City of Middleton from using the housing stock improvement extension (up to one additional year of TID lifespan) for TID Number 6

  • Introduced February 6, 2025 and referred to the Committee on Local Government

Legislative Description

Limitations on the total value of taxable property that may be included in, and the lifespan of, a tax incremental financing district created in the city of Middleton. (FE)

Last Action

Laid on the table

5/13/2025

Committee Referrals

Rules4/15/2025
Local Government2/6/2025

Full Bill Text

No bill text available