Amendment SA1-SB505

LRBa1673/1

EVM:emw&amn

2017 - 2018 LEGISLATURE

SENATE AMENDMENT 1, TO SENATE BILL 505

January 4, 2018 - Offered by Senator Petrowski.

SB505-SA1,1,1 At the locations indicated, amend the bill as follows:

SB505-SA1,1,2 1. Page 2, line 3: after that line insert:

SB505-SA1,1,3 “ Section 2m. 60.23 (32) (b) 2. of the statutes is amended to read:

SB505-SA1,1,8 60.23 (32) (b) 2. Subject to subd. subds. 3. and 4., a town may exercise all powers of cities under s. 66.1105 to create a tax incremental district. If the town board exercises the powers of a city under s. 66.1105, it is subject to the same duties as a common council under s. 66.1105 and the town is subject to the same duties and liabilities as a city under s. 66.1105.

SB505-SA1,3m Section 3m. 60.23 (32) (b) 4. of the statutes is created to read:

SB505-SA1,1,11 60.23 (32) (b) 4. The town of Cable may create only one tax incremental district acting under subd. 2.”.

SB505-SA1,1,12 (End)