Amendment ASA1-AB294

LRBs0133/1

EVM:ahe

2019 - 2020 LEGISLATURE

ASSEMBLY SUBSTITUTE AMENDMENT 1, TO ASSEMBLY BILL 294

October 22, 2019 - Offered by Representative Oldenburg.

AB294-ASA1,1,3 An Act to create 66.1105 (17) (g) of the statutes; relating to: changing the 12 percent rule regarding the total value of taxable property included in the creation of a tax incremental financing district in the village of Ontario.

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

AB294-ASA1,1 Section 1. 66.1105 (17) (g) of the statutes is created to read:

AB294-ASA1,1,9 66.1105 (17) (g) Village of Ontario exception. The limit described under sub. (4) (gm) 4. c. shall be 18 percent with regard to Tax Incremental District Number 2 that is created by the village board of the village of Ontario, except that this paragraph does not apply upon the termination of that district or Tax Incremental District Number 1 in the village of Ontario.

AB294-ASA1,1,10 (End)