LRB-2475/1
JK:cdc
2021 - 2022 LEGISLATURE
March 31, 2021 - Introduced by Representatives Dallman, Kurtz, Skowronski,
Steffen, Tittl and Tusler, cosponsored by Senators Ballweg and Marklein.
Referred to Committee on Ways and Means.
AB227,1,6 1An Act to create 66.1105 (6) (a) 19., 66.1105 (6) (am) 2. n. and 66.1105 (6) (am)
22. o. of the statutes; relating to: extending the time during which tax
3increments may be allocated and expenditures for project costs may be made
4for Tax Incremental District Number 2 in the city of Wisconsin Dells and
5extending the time during which expenditures for project costs may be made for
6Tax Incremental District Number 3 in the city of Wisconsin Dells.
Analysis by the Legislative Reference Bureau
Under this bill, tax increments may be allocated for Tax Incremental District
Number 2 in the city of Wisconsin Dells through 2036 and expenditures may be made
for project costs for that TID through 2031. The bill also allows expenditures for
project costs for Tax Incremental District Number 3 in the city of Wisconsin Dells
through 2040. When a city creates a TID, the Department of Revenue calculates the
“tax incremental base" value of the TID, which is the equalized value of all taxable
property within the TID at the time of its creation. If the development in the TID
increases the value of the property in the TID above the base value, a “value
increment" is created. That portion of taxes collected on the value increment in
excess of the base value is called a “tax increment." The tax increment is placed in
a special fund that may be used only to pay back the project costs of the TID.
The project costs of a TID, which are initially incurred by the city, include public
works such as sewers, streets, and lighting systems; financing costs; site preparation

costs; and professional service costs. DOR authorizes the allocation of the tax
increments until the TID terminates or, generally, 20 years, 23 years, or 27 years
after the TID is created, depending on the type of TID and the year in which it was
created. Also under current law, a city or village may not generally make
expenditures for project costs later than five years before the unextended
termination date of the TID. Under certain circumstances, the life of the TID, the
expenditure period, and the allocation period may be extended.
The people of the state of Wisconsin, represented in senate and assembly, do
enact as follows:
AB227,1 1Section 1. 66.1105 (6) (a) 19. of the statutes is created to read:
AB227,2,32 66.1105 (6) (a) 19. December 31, 2036, if the district is Tax Incremental District
3Number 2 in the city of Wisconsin Dells.
AB227,2 4Section 2. 66.1105 (6) (am) 2. n. of the statutes is created to read:
AB227,2,75 66.1105 (6) (am) 2. n. Expenditures for project costs for Tax Incremental
6District Number 2 in the city of Wisconsin Dells. Such expenditures may be made
7through 2031.
AB227,3 8Section 3. 66.1105 (6) (am) 2. o. of the statutes is created to read:
AB227,2,119 66.1105 (6) (am) 2. o. Expenditures for project costs for Tax Incremental
10District Number 3 in the city of Wisconsin Dells. Such expenditures may be made
11through 2040.
AB227,2,1212 (End)
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