LRB-2571/1
EVM:sac:rs
2013 - 2014 LEGISLATURE
August 23, 2013 - Introduced by Representatives Bewley, Ringhand, Wachs,
Clark, C. Taylor, Barnes, Zepnick, Bernard Schaber, Sinicki, Berceau,
Young, Kahl, Jorgensen, Ohnstad, Hebl, Milroy and Sargent, cosponsored
by Senator Risser. Referred to Joint Committee on Finance.
AB308,1,3
1An Act to repeal 66.0602 (2m) (b); and
to renumber 66.0602 (2m) (a) of the
2statutes;
relating to: reduction of local levy limit by amount of certain fee
3revenue received.
Analysis by the Legislative Reference Bureau
Generally, under current law, local levy limits are applied to the property tax
levies that are imposed by cities, villages, towns, or counties (political subdivisions)
in December of each year. Current law prohibits a political subdivision from
increasing its levy by a percentage that exceeds its "valuation factor," which is
defined as the greater of either zero percent or the percentage change in the political
subdivision's equalized value due to new construction, less improvements removed.
Also under current law, as established by
2013 Wisconsin Act 20, a political
subdivision must reduce its allowable levy by the estimated amount of any revenue
from fees or payments in lieu of taxes if the revenue is received for providing certain
"covered services" that were funded with property tax revenues in calendar year
2013. The "covered services" are garbage collection, fire protection, snow plowing,
street sweeping, and storm water management.
This bill repeals the requirement that a political subdivision must reduce its
allowable levy by the estimated amount of revenues received for providing covered
services that were funded with property tax revenues in calendar year 2013.
For further information see the 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:
