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Bills · 2021-2022 Regular Session

SB 698

Died at session end Official bill text Atom feed

Relating to: extending the expenditure period for a tax incremental district in the city of Westby. (FE)

Property tax Property tax — Assessment Vernon county

  1. Introduced, stopped here
  2. Passes Senate, not reached
  3. Passes Assembly, not reached
  4. Governor signs, not reached
  5. Law, not reached

Unfamiliar terms? Glossary

What this bill does

Plain-language analysis by the nonpartisan Legislative Reference Bureau

This bill extends the expenditure period for a tax incremental district (TID) in

the city of Westby. Under current law, a city or village that creates a TID generally

may not make expenditures for project costs later than five years before the TID's

unextended termination date. Under the bill, the city of Westby may make

expenditures for project costs through 2034 for TID Number Three.

What it would cost

Fiscal estimates filed by state agencies, as official PDFs

Sponsors

Introduced by: Marklein (R)

1 cosponsors

Oldenburg (R)

Full history

  1. Nov 11, 2021 · Senate

    Introduced by Senator Marklein; cosponsored by Representative Oldenburg

  2. Nov 11, 2021 · Senate

    Read first time and referred to Committee on Government Operations, Legal Review and Consumer Protection

  3. Nov 22, 2021 · Senate

    Fiscal estimate received

  4. Jan 20, 2022 · Senate

    Senate Amendment 1 offered by Senator Marklein

  5. Mar 15, 2022 · Senate

    Failed to pass pursuant to Senate Joint Resolution 1