The committee on Criminal Justice reports and recommends:
Assembly Bill 318
Relating to: the controlled substance methamphetamine and providing penalties.
Passage:
Ayes: 8 - Representatives Goetsch, Walker, Stone, Owens, Jeskewitz, Gundrum, Gunderson and Huber.
Noes: 6 - Representatives F. Lasee, Colon, Berceau, Richards, Wood and Young.
A377
To committee on
Rules.
Robert Goetsch
Chairperson
Committee on Criminal Justice
__________________
Referral of Agency Reports
State of Wisconsin
Department of Commerce
Madison
September 30, 1999
To the Honorable, the Assembly:
In accordance with section 66.46(13) of the Wisconsin Statutes, I am pleased to submit the Biennial Report on Tax Incremental Financing (TIF). The report examines the social, economic, and financial impact of TIF and is prepared by the Department's Division of Administrative Services, Bureau of Policy and Budget Development. The data in this report includes tax incremental districts (TIDs) that were established through September 30, 1998.
Based upon the number of tax incremental districts (TIDs) that have been established in recent years, tax incremental financing is growing in popularity as an economic development tool. From 1994 to 1998, cities and villages established an average of 65 TIDs per year, compared to an average of 37 TIDs per year from 1976 to 1993. The equalized value of the 703 TIDs that remained active through September 30, 1998 exceeded $8 billion, which is nearly 3 times larger than the original base value of the districts. Furthermore, TIF continues to be concentrated in the southern and eastern parts of the state, which corresponds to the state's population pattern and the concentration of commercial and manufacturing activity.
Requests for additional copies of the report or questions regarding it can be directed to Paul Neumann, Bureau of Policy and Budget Development - phone: 267-9382; email:
pneumann@commerce.state.wi.us. In addition, the report will soon be made available on the Department's web page at
www.commerce.state.wi.us.
Sincerely,
Brenda J. Blanchard
Secretary
Referred to committee on Ways and Means.
__________________
Representative Ainsworth moved that the Assembly stand adjourned until 10:00 A.M. tomorrow.
The question was: Shall the Assembly stand adjourned?
Motion carried.
The Assembly stood adjourned.
11:46 A.M.
