1999 WISCONSIN ACT 193
An Act to amend 560.745 (1) (a) and 560.745 (1) (b); and to create 560.745 (1) (c) of the statutes; relating to: duration of designation of area as development zone.
The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:
193,1
Section
1. 560.745 (1) (a) of the statutes is amended to read:
560.745 (1) (a) The designation of an area as a development zone shall be effective for 84 240 months, beginning on the day the department notifies the local governing body under s. 560.725 (3) of the designation.
193,2
Section
2. 560.745 (1) (b) of the statutes is amended to read:
560.745 (1) (b) The local governing body may apply to the department for up to 5 12-month extensions
one 60-month extension of the designation. The department shall promulgate rules establishing criteria for approving an extension of a designation of an area as a development zone under this subsection.
193,3
Section
3. 560.745 (1) (c) of the statutes is created to read:
560.745 (1) (c) Paragraphs (a) and (b) apply to designations of areas as development zones that are in effect on the effective date of this paragraph .... [revisor inserts date], or that are made on or after the effective date of this paragraph .... [revisor inserts date].