LRB-4581/1
JK&MES:cjs:km
1999 - 2000 LEGISLATURE
February 29, 2000 - Introduced by Representative Hebl, cosponsored by Senators
Wirch and Chvala, by request of City of Stoughton. Referred to Committee on
Ways and Means.
AB810,1,2 1An Act to create 992.22 of the statutes; relating to: the notice of a hearing on
2the creation of a tax incremental district proposed by the city of Stoughton.
Analysis by the Legislative Reference Bureau
Under current law, a city or village may create a tax incremental district (TID)
in part of the city or village to foster development, if at least 50% of the area to be
included in the TID is blighted, in need of rehabilitation or suitable for industrial
sites. A city or village must follow several procedures to create a TID, including
holding a public hearing on the proposed TID.
Under current law, once a city or village creates a TID, the department of
revenue (DOR) calculates and certifies the "tax increment 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 into a special fund that may only be used to pay back the costs
of the TID. The costs of a TID, which are initially incurred by the creating city or
village, include public works such as sewers, streets and lighting systems; financing
costs; site preparation costs; and professional service costs.
Under current law, DOR will not certify the tax increment base value of a TID,
if the city or village that created the TID did not follow certain procedures, including
publishing a timely notice of a hearing for the proposed TID. On February 17, 1999,
the city of Stoughton held a hearing for a proposed TID. However, the last notice of
the hearing was published six days before the hearing. Under current law, the last

notice of a hearing for a proposed TID must be published at least one week before the
hearing.
This bill validates the hearing held on February 17, 1999, and requires DOR
to certify the tax increment base value for the TID in the city of Stoughton, as if the
city had complied with the hearing notice requirements under current law.
The people of the state of Wisconsin, represented in senate and assembly, do
enact as follows:
AB810, s. 1 1Section 1. 992.22 of the statutes is created to read:
AB810,2,10 2992.22 Notice of a hearing for a proposed tax incremental district. Any
3hearing held by a city under s. 66.46 (4) in February 1999 related to the creation of
4a tax incremental district is valid, notwithstanding the city's failure to conform to the
5statutes regarding the timing for publishing a class 2 notice of the hearing, if the city
6was incorporated in 1882, has a population of at least 8,500 and is located in a county
7with a population of at least 365,000. The department of revenue shall certify the
8tax incremental base for a tax incremental district located in the city as if the city
9had complied with the timing for publishing a class 2 notice of a hearing under s.
1066.46 (4).
AB810,2,1111 (End)
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