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WI AB228

Bill

Official Source

Status

Failed

3/23/2026

Primary Sponsor

Mark Born

Click for details

Origin

State Assembly

2025-2026 Regular Session

AI Summary

  • Exempts tax incremental districts (TIDs) containing WEDC-certified qualified data centers from the 12 percent cap on total TID value relative to a municipality's total taxable property value
  • Requires all project costs within the data center TID to be related to the qualified data center to qualify for the exemption
  • Prohibits data center TIDs that received the 12 percent exemption from later amending their project plans to include non-data center costs
  • Excludes the value increment of exempted data center TIDs when calculating whether other TIDs comply with the 12 percent limit

Legislative Description

Tax incremental financing districts containing qualified data centers. (FE)

Last Action

Failed to pass pursuant to Senate Joint Resolution 1

3/23/2026

Committee Referrals

Ways and Means4/29/2025

Full Bill Text

No bill text available