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Bills · 2025-2026 Regular Session

SB 24

Became law Official bill text Atom feed

Relating to: limitations on the total value of taxable property that may be included in, and the lifespan of, a tax incremental financing district created in the city of Middleton. (FE)

Dane county Property tax

  1. Introduced, completed
  2. Passes Senate, completed
  3. Passes Assembly, completed
  4. Governor signs, completed
  5. 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 6 created by the city of Middleton if the district is created before June 1, 2025.

Also under current law, a city or village may extend the life of a TID for up to one year for housing stock improvement if all of the following occur:

1. The city or village pays off all of the TID’s project costs.

2. The city or village adopts a resolution stating that it intends to extend the life of the TID, the number of months it intends to do so, and how it intends to improve housing stock.

3. The city or village notifies DOR.

Under the bill, a housing stock improvement extension may not be exercised with regard to TID Number 6 in the city of Middleton.

What it would cost

Fiscal estimates filed by state agencies, as official PDFs

Sponsors

Introduced by: Hesselbein (D) , Ratcliff (D) , Spreitzer (D) , Testin (R)

14 cosponsors

Armstrong (R) , Arney (D) , Bare (D) , DeSmidt (D) , Hysell (D) , Joers (D) , Kurtz (R) , McCarville (D) , Novak (R) , O'Connor (R) , Palmeri (D) , Roe (D) , Tenorio (D) , Udell (D)

Registered lobbying interests · 3

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

Votes

Senate: Report passage recommended by Committee on Government Operations, Labor and Economic Development, Ayes 4, Noes 1

Passed 4–1 Mar 14, 2025 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 32–1 Apr 22, 2025 official source full page

Nay · 1

Assembly: CONCURRENCE

Passed 97–0 May 13, 2025 official source full page

Aye · 97

Not voting · 2

Full history

  1. Feb 5, 2025 · Senate

    Introduced by Senators Testin, Hesselbein, Ratcliff and Spreitzer; cosponsored by Representatives Kurtz, Novak, Joers, Bare, Armstrong, Arney, DeSmidt, Hysell, Palmeri, Tenorio, Udell and Roe

  2. Feb 5, 2025 · Senate

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

  3. Feb 11, 2025 · Senate

    Representative McCarville added as a cosponsor

  4. Feb 20, 2025 · Senate

    Fiscal estimate received

  5. Mar 12, 2025 · Senate

    Public hearing held

  6. Mar 13, 2025 · Senate

    Executive action taken

  7. Mar 14, 2025 · Senate

    Report passage recommended by Committee on Government Operations, Labor and Economic Development, Ayes 4, Noes 1

  8. Mar 14, 2025 · Senate

    Available for scheduling

  9. Apr 18, 2025 · Senate

    Placed on calendar 4-22-2025 pursuant to Senate Rule 18(1)

  10. Apr 22, 2025 · Senate

    Ordered to a third reading

  11. Apr 22, 2025 · Senate

    Rules suspended to give bill its third reading

  12. Apr 22, 2025 · Senate

    Read a third time and passed, Ayes 32, Noes 1

  13. Apr 22, 2025 · Senate

    Ordered immediately messaged

  14. Apr 22, 2025 · Assembly

    Received from Senate

  15. Apr 22, 2025 · Senate

    Read a second time

  16. Apr 24, 2025 · Assembly

    Read first time and referred to committee on Rules

  17. May 9, 2025 · Assembly

    Withdrawn from committee on Rules and referred to calendar of 5-13-2025

  18. May 12, 2025 · Assembly

    Representative O'Connor added as a cosponsor

  19. May 13, 2025 · Assembly

    Rules suspended to withdraw from calendar and take up

  20. May 13, 2025 · Assembly

    Read a second time

  21. May 13, 2025 · Assembly

    Referred to joint committee on Finance

  22. May 13, 2025 · Assembly

    Rules suspended to withdraw from joint committee on Finance and take up

  23. May 13, 2025 · Assembly

    Ordered to a third reading

  24. May 13, 2025 · Assembly

    Rules suspended

  25. May 13, 2025 · Assembly

    Read a third time and concurred in, Ayes 97, Noes 0

  26. May 13, 2025 · Assembly

    Ordered immediately messaged

  27. May 13, 2025 · Senate

    Received from Assembly concurred in

  28. May 14, 2025 · Senate

    Report correctly enrolled

  29. May 14, 2025 · Senate

    Presented to the Governor on 5-14-2025

  30. May 16, 2025 · Senate

    Report approved by the Governor on 5-16-2025. 2025 Wisconsin Act 6

  31. May 16, 2025 · Senate

    Published 5-17-2025