Amendment SA2-SSA1-SB55

SB55-SSA1-SA2,241,20 66.0707 (2) A city, village or town may impose a special charge under s. 66.0627 against real property in an adjacent city, village or town that is served by current services that are available, regardless of whether the services are actually rendered by the municipality imposing the special charge if the municipality in which the property is located approves the imposition by resolution. The owner of the property is entitled to the use and enjoyment of the service for which the special charge is imposed on the same conditions as the owner of property within the city, village or town.".

SB55-SSA1-SA2,241,21 886. Page 680, line 5: after that line insert:

SB55-SSA1-SA2,241,22 " Section 2020s. 66.0501 (4) of the statutes is amended to read:

SB55-SSA1-SA2,242,3 66.0501 (4) Compatible offices and positions. A volunteer fire fighter, emergency medical technician or first responder in a city, village or town whose annual compensation, including fringe benefits, does not exceed $2,500 the amount specified in s. 946.13 (2) (a) may also hold an elected elective office in that city, village or town.".

SB55-SSA1-SA2,242,4 887. Page 680, line 5: after that line insert:

SB55-SSA1-SA2,242,5 " Section 2019t. 66.0301 (1) (a) of the statutes is amended to read:

SB55-SSA1-SA2,242,17 66.0301 (1) (a) In this section "municipality" means the state or any department or agency thereof, or any city, village, town, county, school district, public library system, public inland lake protection and rehabilitation district, sanitary district, farm drainage district, metropolitan sewerage district, sewer utility district, solid waste management system created under s. 59.70 (2), local exposition district created under subch. II of ch. 229, local professional baseball park district created under subch. III of ch. 229, local professional football stadium district created under subch. IV of ch. 229, a local cultural arts district created under subch. V of ch. 229, family care district under s. 46.2895, water utility district, mosquito control district, municipal electric company, county or city transit commission, commission created by contract under this section, taxation district, or regional planning commission, or the Milwaukee County child welfare district under s. 48.562.".

SB55-SSA1-SA2,242,18 888. Page 680, line 5: after that line insert:

SB55-SSA1-SA2,242,19 " Section 2026k. 66.0901 (6) of the statutes is amended to read:

SB55-SSA1-SA2,243,10 66.0901 (6) Separation of contracts; classification of contractors. In public contracts for the construction, repair, remodeling, or improvement of a public building or structure, other than highway structures and facilities, a municipality may bid projects based on a single or multiple division of the work. Public contracts shall be awarded according to the division of work selected for bidding. The municipality may set out in any public contract reasonable and lawful conditions as to the hours of labor, wages, residence, character, and classification of workers to be employed by any contractor, classify contractors as to their financial responsibility, competency, and ability to perform work, and set up a classified list of contractors. The municipality may reject the bid of any person, if the person has not been classified for the kind or amount of work in the bid. If one of the conditions a municipality imposes under a contract that is let under this section authorizes preferences or set-asides to minority businesses in the awarding of a contract under this section, the condition shall require that the minority business be certified by the department of commerce under s. 560.036 (2).".

SB55-SSA1-SA2,243,11 889. Page 680, line 5: after that line insert:

SB55-SSA1-SA2,243,12 " Section 2020n. 66.0301 (1) (a) of the statutes is amended to read:

SB55-SSA1-SA2,243,24 66.0301 (1) (a) In this section "municipality" means the state or any department or agency thereof, or any city, village, town, county, school district, public library system, public inland lake protection and rehabilitation district, sanitary district, farm drainage district, metropolitan sewerage district, sewer utility district, solid waste management system created under s. 59.70 (2), local exposition district created under subch. II of ch. 229, local professional baseball park district created under subch. III of ch. 229, local professional football stadium district created under subch. IV of ch. 229, a local cultural arts district created under subch. V of ch. 229, family care district under s. 46.2895, water utility district, mosquito control district, municipal electric company, county or city transit commission, commission created by contract under this section, taxation district or, regional planning commission, or city-county health department.".

SB55-SSA1-SA2,244,1 890. Page 681, line 7: after that line insert:

SB55-SSA1-SA2,244,2 " Section 2026nz. 66.0903 (3) (am) of the statutes is amended to read:

SB55-SSA1-SA2,244,17 66.0903 (3) (am) A local governmental unit, before making a contract by direct negotiation or soliciting bids on a contract, for the erection, construction, remodeling, repairing or demolition of any project of public works, including a highway, street or bridge construction project, shall apply to the department to determine the prevailing wage rate for each trade or occupation required in the work contemplated. The department shall conduct investigations and hold public hearings as necessary to define the trades or occupations that are commonly employed on projects that are subject to this section and to inform itself as to the prevailing wage rates in all areas of the state for those trades or occupations, in order to determine the prevailing wage rate for each trade or occupation. In defining those trades or occupations, the department may not define swimming pool installer as a separate trade or occupation for purposes of determining the prevailing wage rates for the trades or occupations that are commonly employed in the construction of swimming pools. The department shall issue its determination within 30 days after receiving the request and shall file the determination with the requesting local governmental unit.".

SB55-SSA1-SA2,244,18 891. Page 682, line 10: delete lines 10 to 22.

SB55-SSA1-SA2,244,19 892. Page 682, line 22: after that line insert:

SB55-SSA1-SA2,244,20 " Section 2029sb. 66.1105 (2) (f) 3. of the statutes is amended to read:

SB55-SSA1-SA2,245,2 66.1105 (2) (f) 3. Notwithstanding subd. 1., project costs may not include any expenditures made or estimated to be made or monetary obligations incurred or estimated to be incurred by the city for newly platted residential development for any tax incremental district for which a project plan is approved after September 30, 1995, or for which an amendment of a project plan is approved after the effective date of this subdivision .... [revisor inserts date].

SB55-SSA1-SA2, s. 2029sc Section 2029sc. 66.1105 (2) (i) of the statutes is amended to read:

SB55-SSA1-SA2,245,16 66.1105 (2) (i) "Tax increment" means that amount obtained by multiplying the total county, city, school and other local general property taxes levied on all taxable property within a tax incremental district in a year by a fraction having as a numerator the value increment for that year in the district and as a denominator that year's equalized value of all taxable property in the district. In any year, a tax increment is "positive" if the value increment is positive; it is "negative" if the value increment is negative. With regard to a tax incremental district that has been declared an industrial district under sub. (4) (gm) 6., the calculation under this paragraph may not include the value of any residential property and may not include the value of any improved property on which more than 35% of the improved square footage is devoted to retail operations, including any storage areas or warehouses that contain merchandise that could be sold on-site at retail as part of an on-site retail operation.

SB55-SSA1-SA2, s. 2029sd Section 2029sd. 66.1105 (2) (j) of the statutes is amended to read:

SB55-SSA1-SA2,246,3 66.1105 (2) (j) "Tax incremental base" means the aggregate value, as equalized by the department of revenue, of all taxable property located within a tax incremental district on the date as of which the district is created, determined as provided in sub. (5) (b). The base of districts created before October 1, 1980, does not include the value of property exempted under s. 70.111 (17). With regard to a tax incremental district that has been declared an industrial district under sub. (4) (gm) 6., the calculation under this paragraph may not include the value of any residential property and may not include the value of any improved property on which more than 35% of the improved square footage is devoted to retail operations, including any storage areas or warehouses that contain merchandise that could be sold on-site at retail as part of an on-site retail operation.

SB55-SSA1-SA2, s. 2029se Section 2029se. 66.1105 (3) (g) of the statutes is created to read:

SB55-SSA1-SA2,246,10 66.1105 (3) (g) Create a standing joint review board that may remain in existence for the entire time that any tax incremental district exists in the city. All of the provisions that apply to a joint review board that is convened under sub. (4m) (a) apply to a standing joint review board that is created under this paragraph. A city may disband a joint review board that is created under this paragraph at any time.

SB55-SSA1-SA2, s. 2029sf Section 2029sf. 66.1105 (4) (gm) 1. of the statutes is amended to read:

SB55-SSA1-SA2,247,8 66.1105 (4) (gm) 1. Describes the boundaries, which may, but need not, be the same as those recommended by the planning commission, of a tax incremental district with sufficient definiteness to identify with ordinary and reasonable certainty the territory included in the district. The boundaries of the tax incremental district may not include any territory that was not within the boundaries of the city on January 1, 2000, unless 3 years have elapsed since the territory was annexed by the city or unless the city enters into a cooperative plan boundary agreement, under s. 66.0307, with the town from which the territory was annexed. If the city enters into a cooperative plan boundary agreement under s. 66.0307 with the town, the city may compensate the town for tax revenues lost by the town as a result of annexation. The boundaries shall include only those whole units of property as are assessed for general property tax purposes. Property standing vacant for an entire 7-year period immediately preceding adoption of the resolution creating a tax incremental district may not comprise more than 25% of the area in the tax incremental district, unless the tax incremental district is suitable for industrial sites under subd. 4. a. and the local legislative body implements an approved project plan to promote industrial development within the meaning of s. 66.1101. In this subdivision, "vacant property" includes property where the fair market value or replacement cost value of structural improvements on the parcel is less than the fair market value of the land. In this subdivision, "vacant property" does not include property acquired by the local legislative body under ch. 32 or property included within the abandoned Park East freeway corridor or the abandoned Park West freeway corridor in Milwaukee County.

SB55-SSA1-SA2, s. 2029sg Section 2029sg. 66.1105 (4) (gm) 4. c. of the statutes is amended to read:

SB55-SSA1-SA2,247,17 66.1105 (4) (gm) 4. c. Either the equalized value of taxable property of the district plus all existing districts does not exceed 7% of the total equalized value of taxable property within the city or the equalized value of taxable property of the district plus the value increment of all existing districts within the city does not exceed 5% of the total equalized value of taxable property within the city. The calculations required under this subd. 4. c. shall be based on the most recent values of taxable property of the district that are certified by the department of revenue as of the year in which a resolution is adopted under this paragraph.

SB55-SSA1-SA2, s. 2029sh Section 2029sh. 66.1105 (4) (gm) 6. of the statutes is created to read:

SB55-SSA1-SA2,247,24 66.1105 (4) (gm) 6. Declares that the district is a blighted area district, a rehabilitation or conservation district, or an industrial district, based on the identification and classification of the property included within the district under par. (c) and subd. 4. a. If the district is not exclusively blighted, rehabilitation or conservation, or industrial, the declaration under this subdivision shall be based on which classification is predominant with regard to the area described in subd. 4. a.

SB55-SSA1-SA2, s. 2029si Section 2029si. 66.1105 (4) (h) 2. of the statutes is amended to read:

SB55-SSA1-SA2,248,11 66.1105 (4) (h) 2. Except as provided in subds. 3. and 4., not more than once during the 10 years after the creation of a tax incremental district that was created before October 1, 1995 or 7 years after the date on which any other tax incremental district is created, the planning commission may adopt an amendment to a project plan under subd. 1. to modify the district's boundaries by subtracting territory from the district or by adding territory to the district that is contiguous to the district and that is served by public works or improvements that were created as part of the district's project plan. Expenditures for project costs that are incurred because of an amendment to a project plan to which this subdivision applies may be made for not more than 3 years after the date on which the local legislative body adopts a resolution amending the project plan.

SB55-SSA1-SA2, s. 2029sj Section 2029sj. 66.1105 (4m) (a) of the statutes is amended to read:

SB55-SSA1-SA2,249,10 66.1105 (4m) (a) Any city that seeks to create a tax incremental district or amend a project plan shall convene a temporary joint review board under this paragraph, or a standing joint review board under sub. (3) (g), to review the proposal. The Except as provided in par. (am), the board shall consist of one representative chosen by the school district that has power to levy taxes on the property within the tax incremental district, one representative chosen by the technical college district that has power to levy taxes on the property within the tax incremental district, one representative chosen by the county that has power to levy taxes on the property within the tax incremental district, one representative chosen by the city and one public member. If more than one school district, more than one union high school district, more than one elementary school district, more than one technical college district or more than one county has the power to levy taxes on the property within the tax incremental district, the unit in which is located property of the tax incremental district that has the greatest value shall choose that representative to the board. The public member and the board's chairperson shall be selected by a majority of the other board members before the public hearing under sub. (4) (a) or (h) 1. is held. All board members shall be appointed and the first board meeting held within 14 days after the notice is published under sub. (4) (a) or (h) 1. Additional meetings of the board shall be held upon the call of any member. The city that seeks to create the tax incremental district or to amend its project plan shall provide administrative support for the board. By majority vote, the board may disband following approval or rejection of the proposal, unless the board is a standing board that is created by the city under sub. (3) (g).

SB55-SSA1-SA2, s. 2029sk Section 2029sk. 66.1105 (4m) (am) of the statutes is created to read:

SB55-SSA1-SA2,249,19 66.1105 (4m) (am) If a city seeks to create a tax incremental district that is located in a union high school district, the seat that is described under par. (a) for the school board representative to the board shall be held by 2 representatives, each of whom has one-half of a vote. One representative shall be chosen by the union high school district that has the power to levy taxes on the property within the tax incremental district and one representative shall be chosen by the elementary school district that has the power to levy taxes on the property within the tax incremental district.

SB55-SSA1-SA2, s. 2029sL Section 2029sL. 66.1105 (4m) (b) 2. of the statutes is amended to read:

SB55-SSA1-SA2,250,3 66.1105 (4m) (b) 2. Except as provided in subd. 2m. and subject to subd. 4., no tax incremental district may be created and no project plan may be amended unless the board approves the resolution adopted under sub. (4) (gm) or (h) 1. by a majority vote not less than 10 days nor more than 30 14 days after receiving the resolution. The board may not approve the resolution under this subdivision unless the board's approval contains a positive assertion that, in its judgment, the development described in the documents the board has reviewed under subd. 1. would not occur without the creation of a tax incremental district.

SB55-SSA1-SA2, s. 2029sm Section 2029sm. 66.1105 (4m) (b) 2m. of the statutes is amended to read:

SB55-SSA1-SA2,250,11 66.1105 (4m) (b) 2m. The requirement under subd. 2. that a vote by the board take place not less than 10 days nor more than 30 14 days after receiving a resolution does not apply to a resolution amending a project plan under sub. (4) (h) 1. if the resolution relates to a tax incremental district, the application for the redetermination of the tax incremental base of which was made in 1998, that is located in a village that was incorporated in 1912, has a population of at least 3,800 and is located in a county with a population of at least 108,000.

SB55-SSA1-SA2, s. 2029sn Section 2029sn. 66.1105 (4m) (b) 4. of the statutes is created to read:

SB55-SSA1-SA2,251,2 66.1105 (4m) (b) 4. Not later than 5 working days after submitting its decision under subd. 3., any member of the board may request that the department of revenue review any of the documents listed in subd. 1. to determine whether the information submitted to the board complies with this section or whether any of the information contains a factual inaccuracy. The request must be in writing and must specify which particular fact or item the member believes is incomplete or inaccurate. Not later than 5 working days after receiving a request that complies with the requirements of this subdivision, the department of revenue shall investigate the issues raised in the request and shall send its written response to the board. If the department of revenue determines that the information in the proposal does not comply with this section or contains a factual inaccuracy, the department shall return the proposal to the board. The board shall request that the city resolve the problems in its proposal and resubmit the proposal to the board. The board shall review the resubmitted proposal and vote to approve or deny the proposal as specified in this paragraph.

SB55-SSA1-SA2, s. 2029so Section 2029so. 66.1105 (4m) (b) 5. of the statutes is created to read:

SB55-SSA1-SA2,251,7 66.1105 (4m) (b) 5. The board shall notify prospectively the governing body of every local governmental unit that is not represented on the board, and that has power to levy taxes on the property within the tax incremental district, of meetings of the board and of the agendas of each meeting for which notification is given.

SB55-SSA1-SA2, s. 2029sp Section 2029sp. 66.1105 (4m) (d) of the statutes is created to read:

SB55-SSA1-SA2,251,16 66.1105 (4m) (d) During the 15th year of the tax incremental district's existence, the board may recommend to the department of revenue that a tax incremental district that is suitable for industrial sites under sub. (4) (gm) 4. a. be allowed to remain in existence for up to 5 years after the date on which it would otherwise be required to terminate, for a total of up to 10 years after the last expenditure in the district's project plan is made, as described in sub. (7) (ae). The board may make such a recommendation only if it reviews and reapproves the findings under sub. (4) (gm) 4. c. and reapproves its decision under par. (c).

SB55-SSA1-SA2, s. 2029sq Section 2029sq. 66.1105 (5) (a) of the statutes is amended to read:

SB55-SSA1-SA2,251,20 66.1105 (5) (a) Upon Subject to sub. (8) (d), upon the creation of a tax incremental district or upon adoption of any amendment subject to par. (c), its tax incremental base shall be determined as soon as reasonably possible.

SB55-SSA1-SA2, s. 2029sr Section 2029sr. 66.1105 (5) (b) of the statutes is amended to read:

SB55-SSA1-SA2,252,8 66.1105 (5) (b) Upon application in writing by the city clerk, in a form prescribed by the department of revenue, the department shall determine according to its best judgment from all sources available to it the full aggregate value of the taxable property and, except as provided in par. (bm), of the city-owned property in the tax incremental district. The Subject to sub. (8) (d), the department shall certify this aggregate valuation to the city clerk, and the aggregate valuation constitutes the tax incremental base of the tax incremental district. The city clerk shall complete these forms, including forms for the amendment of a project plan, and submit the application or amendment forms on or before December 31 of the year the tax incremental district is created, as defined in sub. (4) (gm) 2. or, in the case of an amendment, on or before December 31 of the year in which the changes to the project plan take effect.

SB55-SSA1-SA2, s. 2029st Section 2029st. 66.1105 (5) (c) of the statutes is amended to read:

SB55-SSA1-SA2,252,24 66.1105 (5) (c) If the city adopts an amendment to the original project plan for any district which includes additional project costs at least part of which will be incurred after the period specified in sub. (6) (am) 1., the tax incremental base for the district shall be redetermined, if sub. (4) (h) 2., 3. or 4. applies to the amended project plan, by adding to the tax incremental base the value of the taxable property and the value of real property owned by the city, other than property described in par. (bm), that is added to the existing district under sub. (4) (h) 2., 3. or 4. or, if sub. (4) (h) 2., 3. or 4. does not apply to the amended project plan, under par. (b), as of the January 1 next preceding the effective date of the amendment if the amendment becomes effective between January 2 and September 30, as of the next subsequent January 1 if the amendment becomes effective between October 1 and December 31 and if the effective date of the amendment is January 1 of any year, the redetermination shall be made on that date. The tax incremental base as redetermined under this paragraph is effective for the purposes of this section only if it exceeds the original tax incremental base determined under par. (b).

SB55-SSA1-SA2, s. 2029su Section 2029su. 66.1105 (5) (ce) of the statutes is amended to read:

SB55-SSA1-SA2,253,12 66.1105 (5) (ce) If the city adopts an amendment, to which sub. (4) (h) 2., 3. or 4. applies, the tax incremental base for the district shall be redetermined, by adding to the tax incremental base the value of the taxable property and the value of real property owned by the city, other than property described in par. (bm), that is added to the existing district under sub. (4) (h) 2., 3. or 4., as of the January 1 next preceding the effective date of the amendment if the amendment becomes effective between January 2 and September 30, as of the next subsequent January 1 if the amendment becomes effective between October 1 and December 31 and if the effective date of the amendment is January 1 of any year, the redetermination shall be made on that date. The tax incremental base as redetermined under this paragraph is effective for the purposes of this section only if it exceeds the original tax incremental base determined under par. (b).

SB55-SSA1-SA2, s. 2029sv Section 2029sv. 66.1105 (5) (d) of the statutes is amended to read:

SB55-SSA1-SA2,253,24 66.1105 (5) (d) The department of revenue may not certify the tax incremental base as provided in par. (b) until it determines that each of the procedures and documents required by sub. (4) (a), (b), (gm) or (h) and par. (b) has been timely completed and all notices required under sub. (4) (a), (b), (gm) or (h) timely given. The facts supporting any document adopted or action taken to comply with sub. (4) (a), (b), (gm) or (h) are not subject to review by the department of revenue under this paragraph, except that notwithstanding the general prohibition against the department's review of the facts supporting any document adopted or action taken to comply with sub. (4) (gm), the department may not certify the tax incremental base as provided in par. (b) until it reviews and approves of the findings that are described in sub. (4) (gm) 4. c.

SB55-SSA1-SA2, s. 2029sw Section 2029sw. 66.1105 (6) (a) of the statutes is renumbered 66.1105 (6) (a) (intro.) and amended to read:

SB55-SSA1-SA2,254,17 66.1105 (6) (a) (intro.) If the joint review board approves the creation of the tax incremental district under sub. (4m), positive tax increments with respect to a tax incremental district are allocated to the city which created the district for each year commencing after the date when a project plan is adopted under sub. (4) (g). The department of revenue may not authorize allocation of tax increments until it determines from timely evidence submitted by the city that each of the procedures and documents required under sub. (4) (d) to (f) has been completed and all related notices given in a timely manner. The department of revenue may authorize allocation of tax increments for any tax incremental district only if the city clerk and assessor annually submit to the department all required information on or before the 2nd Monday in June. The facts supporting any document adopted or action taken to comply with sub. (4) (d) to (f) are not subject to review by the department of revenue under this paragraph. After the allocation of tax increments is authorized, the department of revenue shall annually authorize allocation of the tax increment to the city that created the district until the soonest of the following events:

SB55-SSA1-SA2,254,19 1. The department of revenue receives a notice under sub. (8) and the notice has taken effect under sub. (8) (b), 27.

SB55-SSA1-SA2,254,21 2. Twenty-seven years after the tax incremental district is created if the district is created before October 1, 1995, 38.

SB55-SSA1-SA2,254,24 3. Thirty-eight years after the tax incremental district is created if the district is created before October 1, 1995, and the project plan is amended under sub. (4) (h) 3. or 23

SB55-SSA1-SA2,255,3 4. Twenty-three years after the tax incremental district is created if the district is created after September 30, 1995, whichever is sooner and before the effective date of this subdivision .... [revisor inserts date].

SB55-SSA1-SA2, s. 2029sx Section 2029sx. 66.1105 (6) (a) 5. of the statutes is created to read:

SB55-SSA1-SA2,255,9 66.1105 (6) (a) 5. Fifteen or 20 years, depending on the joint review board's recommendation under sub. (4m) (d) and the department of revenue's action described under sub. (7) (ae), after the tax incremental district is created if the district is created on or after the effective date of this subdivision .... [revisor inserts date], and if the district is suitable for industrial sites under sub. (4) (gm) 4. a.

SB55-SSA1-SA2, s. 2029sy Section 2029sy. 66.1105 (6) (a) 6. of the statutes is created to read:

SB55-SSA1-SA2,255,14 66.1105 (6) (a) 6. Twenty-six years after the tax incremental district is created if the district is created on or after the effective date of this subdivision .... [revisor inserts date], and if the district, under sub. (4) (gm) 6., is a blighted area district or a rehabilitation or conservation district.

SB55-SSA1-SA2, s. 2029sz Section 2029sz. 66.1105 (6) (am) 1. of the statutes is renumbered 66.1105 (6) (am) 1. a. and amended to read:

SB55-SSA1-SA2,255,20 66.1105 (6) (am) 1. a. For a tax incremental district that is created after September 30, 1995, and before the effective date of this subd. 1. a. .... [revisor inserts date], no expenditure may be made later than 7 years after the tax incremental district is created, and for.

SB55-SSA1-SA2,255,25 b. For a tax incremental district that is created before October 1, 1995, no expenditure may be made later than 10 years after the tax incremental district is created, except that, for a tax incremental district that is created before October 1, 1995, and which receives tax increments under par. (d), no expenditure may be made later than 12 years after the tax incremental district is created.

SB55-SSA1-SA2, s. 2029tag Section 2029tag. 66.1105 (6) (am) 1. c. of the statutes is created to read:

SB55-SSA1-SA2,256,7 66.1105 (6) (am) 1. c. For a tax incremental district that is created on or after the effective date of this subd. 1. c. .... [revisor inserts date], all expenditures shall be substantially completed no later than 10 years after the tax incremental district is created, except that, with regard to a tax incremental district that has been declared an industrial district under sub. (4) (gm) 6., no expenditure may be made later than 10 years after the industrial tax incremental district is created.

SB55-SSA1-SA2, s. 2029tb Section 2029tb. 66.1105 (6) (e) 1. d. of the statutes is created to read:

SB55-SSA1-SA2,256,11 66.1105 (6) (e) 1. d. The donor tax incremental district has in its special fund, as described under par. (c), sufficient revenues to pay for all project costs that have been incurred, or are expected to be incurred, under the project plan for that district.

SB55-SSA1-SA2, s. 2029tc Section 2029tc. 66.1105 (6) (e) 2. of the statutes is repealed.

SB55-SSA1-SA2, s. 2029td Section 2029td. 66.1105 (7) (ae) of the statutes is created to read:

SB55-SSA1-SA2,256,23 66.1105 (7) (ae) Notwithstanding par. (am), 5 years after the last expenditure identified in the project plan is made if the district to which the plan relates is created on or after the effective date of this paragraph .... [revisor inserts date], and if the district is suitable for industrial sites under sub. (4) (gm) 4. a., except that if the joint review board recommends under sub. (4m) (d) to the department of revenue that the district be allowed to continue in existence for up to an additional 5 years after the date on which the district would otherwise be required to terminate under this paragraph, and if the department of revenue agrees to the recommendation, such a district terminates up to 10 years after the last expenditure identified in the project plan is made.

SB55-SSA1-SA2, s. 2029te Section 2029te. 66.1105 (8) (title) of the statutes is amended to read:

SB55-SSA1-SA2,256,25 66.1105 (8) (title) Notice of district termination, reporting requirements.

SB55-SSA1-SA2, s. 2029tf Section 2029tf. 66.1105 (8) (c) of the statutes is created to read:

SB55-SSA1-SA2,257,5 66.1105 (8) (c) Not later than 60 days after a city transmits to the department of revenue the notice required under par. (a) the city shall send to the department, on a form prepared by the department, all of the following information that relates to the terminated tax incremental district:

SB55-SSA1-SA2,257,6 1. A final accounting of all expenditures made by the city.

SB55-SSA1-SA2,257,7 2. The total amount of project costs incurred by the city.

SB55-SSA1-SA2,257,8 3. The total amount of positive tax increments received by a city.

SB55-SSA1-SA2, s. 2029tg Section 2029tg. 66.1105 (8) (d) of the statutes is created to read:

SB55-SSA1-SA2,257,13 66.1105 (8) (d) If a city does not send to the department of revenue the form specified in par. (c) within the time limit specified in par. (c), the department may not certify the tax incremental base of a tax incremental district under sub. (5) (a) and (b) until the form is sent to the department.

SB55-SSA1-SA2, s. 2029th Section 2029th. 66.1105 (15) of the statutes is created to read:

SB55-SSA1-SA2,258,2 66.1105 (15) Substantial compliance. Substantial compliance with subs. (3), (4) (a), (b), (c), (d), (e), and (f), and (4m) by a city or village that creates, or attempts to create, a tax incremental district is sufficient to give effect to any proceedings conducted under this section if, in the opinion of the department of revenue, any error, irregularity, or informality that exists in the city's or village's attempts to comply with subs. (3), (4) (a), (b), (c), (d), (e), and (f), and (4m) does not affect substantial justice. If the department of revenue determines that a city or village has substantially complied with subs. (3), (4) (a), (b), (c), (d), (e), and (f), and (4m), the department of revenue shall determine the tax incremental base of the district, allocate tax increments, and treat the district in all other respects as if the requirements under subs. (3), (4) (a), (b), (c), (d), (e), and (f), and (4m) had been strictly complied with based on the date that the resolution described under sub. (4) (gm) 2. is adopted.".