Assembly

Record of Committee Proceedings

Committee on State and Local Finance

Assembly Bill 547

Relating to: disseminating information about a tax incremental district's annual budget and value increment, requiring a political subdivision to evaluate a tax incremental district's performance, increasing the amount that a political subdivision may add to its levy limit upon the dissolution of a tax incremental financing district, and extending the life and expenditure period for certain tax incremental financing districts.

By Representatives Weininger, Bies, Hintz, Kahl and Pridemore; cosponsored by Senators Cowles and Gudex.

December 09, 2013     Referred to Committee on State and Local Finance

February 12, 2014       Public Hearing Held

Present:       (8)        Representative Stroebel; Representatives Born, Weatherston, Nass, Tauchen, Zepnick, Hintz and Berceau.

Absent:       (0)        None.

Excused:     (1)        Representative Kestell.

Appearances For

·      Curt Witynski - League of Wisconsin Municipalities

·      Chad Weininger - Representative - 4th Assembly District

Appearances Against

·      None.

Appearances for Information Only

·      Nate Ristow - Department of Revenue

Registrations For

·      Rob Cowles - Senator - 2nd Senate District

·      Mike Golat - City Administrator - City of Altoona

Registrations Against

·      None.

Registrations for Information Only

·      Rebecca Hogan - Wisconsin Economic Development Association

April 08, 2014             Failed to pass pursuant to Senate Joint Resolution 1

______________________________

John Soper

Committee Clerk