Amendment SA1-SB103

LRBa0162/1

EVM:cjs

2023 - 2024 LEGISLATURE

SENATE AMENDMENT 1, TO SENATE BILL 103

May 17, 2023 - Offered by Senator Feyen.

SB103-SA1,1,1 At the locations indicated, amend the bill as follows:

SB103-SA1,1,2 1. Page 3, line 17: after that line insert:

SB103-SA1,1,4 “ Section 2d. 66.1105 (2) (cm) of the statutes is renumbered 66.1105 (2) (cm) (intro.) and amended to read:

SB103-SA1,1,8 66.1105 (2) (cm) (intro.) “Mixed-use development" means development that contains a combination of industrial, commercial, or residential uses, except that lands proposed for newly platted residential use, as shown in the project plan, may not exceed 35 one of the following:

SB103-SA1,1,10 1. Thirty-five percent, by area, of the real property within the district, if subd. 2. does not apply.

SB103-SA1,2f Section 2f. 66.1105 (2) (cm) 2. of the statutes is created to read:

SB103-SA1,2,2 66.1105 (2) (cm) 2. One hundred percent, by area, of the real property within the district, if the newly platted residential use that exceeds 35 percent is used solely for workforce housing and the district is a developer-financed tax incremental district.

SB103-SA1,2j Section 2j. 66.1105 (2) (n) of the statutes is created to read:

SB103-SA1,2,7 66.1105 (2) (n) “Workforce housing" means housing to which all of the following apply, as adjusted for family size and the county in which the household is located, based on the county's 5-year average median income and housing costs as calculated by the U.S. bureau of the census in its American community survey:

SB103-SA1,2,9 1. The housing costs a household no more than 30 percent of the household's gross median income.

SB103-SA1,2,12 2. The residential units are for initial occupancy by individuals whose household median income is no more than 120 percent of the county's gross median income.”.

SB103-SA1,2,13 2. Page 5, line 23: after “board" insert “unanimously".

SB103-SA1,2,14 (End)