2019 - 2020 LEGISLATURE
November 19, 2019 - Introduced by Representatives Steffen, Macco, Ohnstad,
Bowen, Fields, Gundrum, Kolste, Murphy, Novak, Skowronski, Spreitzer,
Subeck, Tusler, VanderMeer, Vruwink and Dittrich, cosponsored by
Senators Bernier, Ringhand, Marklein, Stroebel, L. Taylor and
Wanggaard. Referred to Committee on Ways and Means.
1An Act to amend
79.096 (3) of the statutes; relating to: distribution of the aid
2payment for personal property upon termination of a tax incremental district.
Analysis by the Legislative Reference Bureau
Under current law, each municipality, county, school district, special purpose
district, tax incremental district, and technical college district (taxing jurisdiction)
receives a state aid payment to compensate for the personal property taxes that the
taxing jurisdictions would have collected on tax exempt computers, machinery, tools,
and patterns. The bill clarifies that following the termination of a tax incremental
district the amount that would have been paid to the tax incremental district is
distributed to the other applicable taxing jurisdictions.
For further information see the state and local fiscal estimate, which will be
printed as an appendix to this bill.
The people of the state of Wisconsin, represented in senate and assembly, do
enact as follows:
79.096 (3) of the statutes is amended to read:
Each taxing jurisdiction shall attribute to each tax incremental 5
district within the taxing jurisdiction the district's proportionate share of the amount 6
the taxing jurisdiction receives under sub. (1), except that this subsection does not
1apply after the district closes
. The amount that would have been paid to a tax
2incremental district under this subsection shall be distributed to the municipality
3and applicable taxing jurisdictions in the year following the termination of the tax
4incremental district and in each year thereafter.