CR 16-065 Rule Text

  Iowa collects TIF information. The administrative code does not include requirements for the collection.

  Michigan statutes provide TIF reporting, however, there is minimal specificity and no related administrative code.

  Minnesota statutes require each county to e-mail an annual report that includes breakdowns by TIF district and municipality. The law and administrative code does not specify the reporting format beyond the requirement to "email".

Summary of factual data and analytical methodologies: DOR collects electronic information from counties and municipalities throughout the year using industry standards. The proposed language is consistent with these efforts where DOR provides a non-proprietary application for satisfying filing requirements.

Analysis and supporting documents used to determine effect on small business: This rule order applies to municipalities that are required to file the TID annual report. Therefore, this rule order does not affect small business.

Anticipated costs incurred by private sector: DOR does not anticipate any costs will be incurred by the private sector.

Effect on small business: DOR does not anticipate any effect on small business.

Agency contact person: Please contact Stacy Leitner at [phone] or [e-mail], if you have any questions regarding this proposed rule.

Place where comments are to be submitted and deadline for submission: Comments may be submitted to the contact person shown below no later than the date on which the public hearing on this proposed rule is conducted. Information as to the place, date, and time of the public hearing will be published in the Wisconsin Administrative Register.

Stacy Leitner

Department of Revenue

Mail Stop 6-97

2135 Rimrock Road

P.O. Box 8971

Madison, WI 53708-8971

[e-mail]

  SECTION 1. Tax 12.60 is created to read:

    Tax 12.60 Tax incremental district annual report. The tax incremental district annual reports required by ss. 60.85 (8) (c), 66.1105 (6m) (c) and 66.1106 (10) (a), Stats., must be electronically filed with the department of revenue for each tax incremental district. The report must be filed on the department's website at https://www.revenue.wi.gov/Pages/SLF/tif.aspx. Standard hypertext markup language (HTML) is used requiring data to be entered into given fields.

    SECTION 2. Effective date. This rule shall take effect on the first day of the month following publication in the Wisconsin Administrative Register as provided in s. 227.22 (2) (intro.), Stats.