2007 Wisconsin Act 2

Date of enactment: March 6, 2007
2007 Assembly Bill 19 Date of publication*: March 20, 2007

* Section 991.11, Wisconsin Statutes 2005-06 : Effective date of acts. "Every act and every portion of an act enacted by the legislature over the governor's partial veto which does not expressly prescribe the time when it takes effect shall take effect on the day after its date of publication as designated" by the secretary of state [the date of publication may not be more than 10 working days after the date of enactment].

2007 WISCONSIN ACT 2

An Act to create 66.1105 (5) (bi) of the statutes; relating to: the filing of certain forms related to tax incremental financing district number 3 in the village of Edgar.

The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:

2,1 Section 1. 66.1105 (5) (bi) of the statutes is created to read:

66.1105 (5) (bi) Notwithstanding the time limits in par. (b), if the village clerk of a village that created, or attempted to create, a tax incremental district on January 1, 2005, based on actions taken by the village board in October 2004, files with the department of revenue, not later than December 31, 2006, the forms and application that were originally due on or before December 31, 2005, the tax incremental base of the district shall be calculated by the department of revenue as if the forms and application had been filed on or before December 31, 2005, and, until the tax incremental district terminates, the department of revenue shall allocate tax increments and treat the district in all other respects as if the forms and application had been filed on or before December 31, 2005, except that the department of revenue may not certify a value increment under par. (b) before 2007.