Bills · 2019-2020 Regular Session
Relating to: increasing the expenditure period for certain capital expenditures made by a tax incremental financing district created in an electronics and information technology manufacturing zone. (FE)
Industrial development Insurance Property tax
- 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
With regard to a tax incremental financing district (TID) that is created in an
electronics and information technology manufacturing zone, the creating city or
village may incur project costs for certain specified items, such as capital
expenditures for constructing or expanding fire stations. Such capital expenditures
may be made only for the first 84 months following the TID's creation. Under this
bill, that time period is increased to 180 months.
What it would cost
Fiscal estimates filed by state agencies, as official PDFs
Sponsors
Votes
Senate: Report passage recommended by Committee on Economic Development, Commerce and Trade, Ayes 3, Noes 2
Passed 3–2 Feb 4, 2020 official source full pageNo individual roll call was recorded for this vote. Committee votes and some older sessions record totals only.
Full history
- Dec 19, 2019 · Senate
Introduced by Senators Wanggaard and Wirch; cosponsored by Representatives Vos and McGuire
- Dec 19, 2019 · Senate
Read first time and referred to Committee on Economic Development, Commerce and Trade
- Jan 9, 2020 · Senate
Fiscal estimate received
- Jan 22, 2020 · Senate
Public hearing held
- Feb 4, 2020 · Senate
Executive action taken
- Feb 4, 2020 · Senate
Report passage recommended by Committee on Economic Development, Commerce and Trade, Ayes 3, Noes 2
- Feb 4, 2020 · Senate
Available for scheduling
- Apr 1, 2020 · Senate
Failed to pass pursuant to Senate Joint Resolution 1