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Bills · 2023-2024 Regular Session

AB 983

Died at session end Official bill text Atom feed

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 Stevens Point. (FE)

Property tax Stevens point city of

  1. Introduced, stopped here
  2. Passes Assembly, not reached
  3. Passes Senate, 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

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 14 created by the city of Stevens Point. 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: Callahan (R) , Jacobson (D) , Krug (R) , Ohnstad (D) , Penterman (R) , Shankland (D) , VanderMeer (R)

4 cosponsors

Ballweg (R) , Spreitzer (D) , Testin (R) , Wanggaard (R)

Votes

Assembly: Report passage recommended by Committee on Ways and Means, Ayes 12, Noes 0

Passed 12–0 Feb 14, 2024 official source full page

No individual roll call was recorded for this vote. Committee votes and some older sessions record totals only.

Full history

  1. Jan 24, 2024 · Assembly

    Introduced by Representatives Krug, Shankland, Callahan, Jacobson, Ohnstad, Penterman and VanderMeer; cosponsored by Senators Testin, Ballweg, Spreitzer and Wanggaard

  2. Jan 24, 2024 · Assembly

    Read first time and referred to Committee on Ways and Means

  3. Feb 1, 2024 · Assembly

    Public hearing held

  4. Feb 8, 2024 · Assembly

    Fiscal estimate received

  5. Feb 13, 2024 · Assembly

    Executive action taken

  6. Feb 14, 2024 · Assembly

    Report passage recommended by Committee on Ways and Means, Ayes 12, Noes 0

  7. Feb 14, 2024 · Assembly

    Referred to committee on Rules

  8. Feb 15, 2024 · Assembly

    Placed on calendar 2-20-2024 by Committee on Rules

  9. Feb 20, 2024 · Assembly

    Laid on the table

  10. Apr 15, 2024 · Assembly

    Failed to pass pursuant to Senate Joint Resolution 1