LRB-5770/1
JK&EVM:amn
2021 - 2022 LEGISLATURE
January 28, 2022 - Introduced by Representatives Kitchens, Allen, Duchow,
Loudenbeck, Macco and Spreitzer, cosponsored by Senators Jacque and
Cowles. Referred to Committee on Ways and Means.
AB914,1,3
1An Act to amend 60.23 (32) (b) 1. of the statutes;
relating to: allowing the Town
2of Gibraltar in Door 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 Gibraltar in Door 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, the Town
of Freedom in Outagamie County, and the Town of Cable in Bayfield 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:
AB914,1
4Section
1. 60.23 (32) (b) 1. of the statutes is amended to read:
AB914,2,4
160.23
(32) (b) 1. In this paragraph, “town" means the town of Brookfield in
2Waukesha County, the town of Somers in Kenosha County, the town of Freedom in
3Outagamie County,
or the town of Cable in Bayfield County
, or the town of Gibraltar
4in Door County.