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Bills · 2025-2026 Regular Session

SB 122

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 Port Washington. (FE)

Ozaukee county Property tax

  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

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 5 created by the city of Port Washington.

What it would cost

Fiscal estimates filed by state agencies, as official PDFs

Sponsors

Introduced by: Feyen (R) , Habush Sinykin (D)

4 cosponsors

Armstrong (R) , Brooks (R) , Melotik (R) , O'Connor (R)

Registered lobbying interests · 11

Organizations that registered lobbying activity on this bill with the Wisconsin Ethics Commission. Registration means interest, not a position for or against. Official record

Full history

  1. Mar 7, 2025 · Senate

    Introduced by Senators Feyen and Habush Sinykin; cosponsored by Representatives Brooks, Melotik, Armstrong and O'Connor

  2. Mar 7, 2025 · Senate

    Read first time and referred to Committee on Government Operations, Labor and Economic Development

  3. Mar 17, 2025 · Senate

    Fiscal estimate received

  4. Apr 24, 2025 · Senate

    Public hearing held

  5. Mar 23, 2026 · Senate

    Failed to pass pursuant to Senate Joint Resolution 1