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WI SB707
Bill
Status
12/2/2025
Primary Sponsor
Mark Spreitzer
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AI Summary
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Ends the expenditure restraint incentive program payments to municipalities after 2026 and creates a new municipality payment program beginning in 2027
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Municipalities that received an expenditure restraint incentive payment in 2024, 2025, or 2026 qualify for the new program
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Annual payment amount under the new program equals the highest expenditure restraint incentive payment the municipality received during 2024-2026
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Removes eligibility requirements from current law that required property tax levy greater than 5 mills and limited annual municipal budget increases based on inflation and new construction value
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Funding appropriated from the local government fund through a sum sufficient appropriation
Legislative Description
Replacing the expenditure restraint incentive program with a municipality payment program and making an appropriation. (FE)
Last Action
Fiscal estimate received
12/22/2025