LRB-4622/1
EVM:ahe
2017 - 2018 LEGISLATURE
October 27, 2017 - Introduced by Representatives Quinn, Meyers and Edming,
cosponsored by Senators Petrowski and Bewley. Referred to Committee on
Ways and Means.
AB600,1,3
1An Act to amend 60.23 (32) (b) 1. of the statutes;
relating to: allowing the Town
2of Cable in Bayfield County to create a tax incremental district in the same
3manner as a city or village.
Analysis by the Legislative Reference Bureau
This bill allows the Town of Cable in Bayfield County to create a tax incremental
district (TID) in the same manner as a city or village. Current law provides that a
town may create a TID in the same manner as a city or village if the equalized value
of all taxable property in the town is at least $500 million and the town's population
is at least 3,500. Current law, however, allows the Town of Brookfield in Waukesha
County, the Town of Somers in Kenosha County, and the Town of Freedom in
Outagamie County to create a TID in the same manner as a city or village without
having to satisfy the value and population requirements.
For further information see the local fiscal estimate, which will be printed as
an appendix to this bill.
The people of the state of Wisconsin, represented in senate and assembly, do
enact as follows:
AB600,1
4Section
1. 60.23 (32) (b) 1. of the statutes is amended to read:
AB600,2,3
160.23
(32) (b) 1. In this paragraph, “town" means the town of Brookfield in
2Waukesha County, the town of Somers in Kenosha County,
or the town of Freedom
3in Outagamie County
, or the town of Cable in Bayfield County.
