Bills · 2015-2016 Regular Session
Relating to: allowing the town of Freedom to create a tax incremental district in the same manner as a city or village. (FE)
- Introduced, stopped here
- Passes Senate, not reached
- Passes Assembly, not reached
- Governor signs, not reached
- Law, not reached
Unfamiliar terms? Glossary
What this bill does
Plain-language analysis by the nonpartisan Legislative Reference Bureau
This bill allows the town of Freedom in Outagamie County to create a tax
incremental district (TID) in the same manner as a city or village. Current law
provides that a town may create a TID in the same manner as a city or village if the
equalized value of all taxable property in the town is at least $500 million and the
town's population is at least 3,500. Current law, however, allows the town of
Brookfield in Waukesha County and the town of Somers in Kenosha County to create
a TID in the same manner as a city or village without having to satisfy the value and
population requirements.
What it would cost
Fiscal estimates filed by state agencies, as official PDFs
Sponsors
Full history
- Oct 14, 2015 · Senate
Introduced by Senator Cowles; cosponsored by Representative Steineke
- Oct 14, 2015 · Senate
Read first time and referred to Committee on Government Operations and Consumer Protection
- Oct 19, 2015 · Senate
Fiscal estimate received
- Apr 13, 2016 · Senate
Failed to pass pursuant to Senate Joint Resolution 1