Bills · 2023-2024 Regular Session
Relating to: limitations on the total value of taxable property that may be included in a tax incremental financing district created in the city of Evansville. (FE)
- Introduced, stopped here
- Passes Assembly, not reached
- Passes Senate, 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
Under current law, the equalized value of taxable property of a new or amended
tax incremental district (TID) plus the value increment of all existing TIDs in a city
or village may not exceed 12 percent of the total equalized value of taxable property
in the city or village. Under this bill, the 12 percent rule does not apply to TID
Number 10 created by the city of Evansville. The exception expires upon the
termination of that TID.
What it would cost
Fiscal estimates filed by state agencies, as official PDFs
Sponsors
Introduced by: C. Anderson (D) , Hurd (R) , Jacobson (D) , Novak (R) , Ohnstad (D) , Oldenburg (R) , S. Johnson (R) , Tranel (R) , VanderMeer (R)
Votes
Assembly: Report Assembly Substitute Amendment 2 adoption recommended by Committee on Ways and Means, Ayes 11, Noes 0
Passed 11–0 Feb 7, 2024 official source full pageNo individual roll call was recorded for this vote. Committee votes and some older sessions record totals only.
Assembly: Report passage as amended recommended by Committee on Ways and Means, Ayes 11, Noes 0
Passed 11–0 Feb 7, 2024 official source full pageNo individual roll call was recorded for this vote. Committee votes and some older sessions record totals only.
Full history
- Dec 22, 2023 · Assembly
Introduced by Representatives Novak, C. Anderson, Hurd, Jacobson, S. Johnson, Ohnstad, Oldenburg, Tranel and VanderMeer; cosponsored by Senators Marklein, Spreitzer, Ballweg, L. Johnson, Testin and Quinn
- Dec 22, 2023 · Assembly
Read first time and referred to Committee on Ways and Means
- Jan 2, 2024 · Assembly
Fiscal estimate received
- Jan 5, 2024 · Assembly
Assembly Substitute Amendment 1 offered by Representative Novak
- Jan 9, 2024 · Assembly
Senator Cowles added as a cosponsor
- Jan 11, 2024 · Assembly
Public hearing held
- Jan 18, 2024 · Assembly
Assembly Substitute Amendment 2 offered by Representative Novak
- Feb 1, 2024 · Assembly
Executive action taken
- Feb 7, 2024 · Assembly
Referred to committee on Rules
- Feb 7, 2024 · Assembly
Report Assembly Substitute Amendment 2 adoption recommended by Committee on Ways and Means, Ayes 11, Noes 0
- Feb 7, 2024 · Assembly
Report passage as amended recommended by Committee on Ways and Means, Ayes 11, Noes 0
- Feb 15, 2024 · Assembly
Placed on calendar 2-20-2024 by Committee on Rules
- Feb 20, 2024 · Assembly
Laid on the table
- Apr 15, 2024 · Assembly
Failed to pass pursuant to Senate Joint Resolution 1