Record of Committee Proceedings

Committee on Economic Development and Local Government

Senate Bill 455

Relating to: disseminating information about a tax incremental district's annual budget and value increment, requiring a political subdivision to evaluate a tax incremental district's performance, increasing the amount that a political subdivision may add to its levy limit upon the dissolution of a tax incremental financing district, and extending the life and expenditure period for certain tax incremental financing districts.

By Senators Cowles and Gudex; cosponsored by Representatives Weininger, Bies, Pridemore, Kahl and Hintz.

February 13, 2014       Public Hearing Held

Present:       (5)        Senator Gudex; Senators Petrowski, Leibham, Lassa and L. Taylor.

Absent:       (0)        None.

Excused:     (0)        None.

Appearances For

·      Rob Cowles - Senator - State Senate

·      Chad Weininger - Representative - State Assembly

·      Curt Witynski - League of Wisconsin Municipalities

Appearances Against

·      None.

Appearances for Information Only

·      Nate Ristow - Department of Revenue

·      Rob Kleeman - WEDA

·      Peter Thillman - WEDA

Registrations For

·      Mark   Reihl - WI State Council of Carpenters

·      Terry Mc Gowan - Operating Engineers Local 139

Registrations Against

·      None.

Registrations for Information Only

·      None.

April 08, 2014             Failed to pass pursuant to Senate Joint Resolution 1


Tim Lakin

Committee Clerk