Bills · 2023-2024 Regular Session

SB 880

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

Introduced, completed
Passes Senate, completed
Passes Assembly, completed
Governor signs, completed
Law, completed

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

Fiscal Estimate From DOR

Votes

Senate: Report adoption of Senate Substitute Amendment 1 recommended by Committee on Government Operations, Ayes 5, Noes 0

Passed 5–0 Feb 6, 2024 official source full page

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

Senate: Report passage as amended recommended by Committee on Government Operations, Ayes 5, Noes 0

Passed 5–0 Feb 6, 2024 official source full page

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

Senate: PASSAGE

Passed 32–0 Feb 13, 2024 official source full page

Aye · 32

Assembly: CONCURRENCE

Passed 98–0 Feb 20, 2024 official source full page

Aye · 98

Not voting · 1

Angie Sapik (73)

Full history

Jan 5, 2024 · Senate
Introduced by Senators Testin, Ballweg, Spreitzer and Wanggaard; cosponsored by Representatives Krug, Shankland, Callahan, Jacobson, Ohnstad, Penterman and VanderMeer
Jan 5, 2024 · Senate
Read first time and referred to Committee on Government Operations
Jan 24, 2024 · Senate
Fiscal estimate received
Feb 1, 2024 · Senate
Public hearing held
Feb 2, 2024 · Senate
Senate Substitute Amendment 1 offered by Senator Testin
Feb 6, 2024 · Senate
Executive action taken
Feb 6, 2024 · Senate
Report adoption of Senate Substitute Amendment 1 recommended by Committee on Government Operations, Ayes 5, Noes 0
Feb 6, 2024 · Senate
Report passage as amended recommended by Committee on Government Operations, Ayes 5, Noes 0
Feb 6, 2024 · Senate
Available for scheduling
Feb 9, 2024 · Senate
Placed on calendar 2-13-2024 pursuant to Senate Rule 18(1)
Feb 13, 2024 · Senate
Read a second time
Feb 13, 2024 · Senate
Senate Substitute Amendment 1 adopted
Feb 13, 2024 · Senate
Ordered to a third reading
Feb 13, 2024 · Senate
Rules suspended to give bill its third reading
Feb 13, 2024 · Senate
Read a third time and passed, Ayes 32, Noes 0
Feb 13, 2024 · Senate
Ordered immediately messaged
Feb 13, 2024 · Assembly
Received from Senate
Feb 14, 2024 · Assembly
Read first time and referred to committee on Rules
Feb 15, 2024 · Assembly
Placed on calendar 2-20-2024 by Committee on Rules
Feb 20, 2024 · Assembly
Rules suspended to withdraw from calendar and take up
Feb 20, 2024 · Assembly
Read a second time
Feb 20, 2024 · Assembly
Referred to joint committee on Finance
Feb 20, 2024 · Assembly
Rules suspended to withdraw from joint committee on Finance and take up
Feb 20, 2024 · Assembly
Ordered to a third reading
Feb 20, 2024 · Assembly
Rules suspended
Feb 20, 2024 · Assembly
Read a third time and concurred in, Ayes 98, Noes 0
Feb 20, 2024 · Assembly
Ordered immediately messaged
Feb 21, 2024 · Senate
Received from Assembly concurred in
Feb 27, 2024 · Senate
Report correctly enrolled
Mar 18, 2024 · Senate
Presented to the Governor on 3-18-2024
Mar 22, 2024 · Senate
Report approved by the Governor on 3-21-2024. 2023 Wisconsin Act 136
Mar 22, 2024 · Senate
Published 3-22-2024