Wisconsin Legislature: SB260-SSA1,1

LRBs0134/1

EVM:ahe

2019 - 2020 LEGISLATURE

SENATE SUBSTITUTE AMENDMENT 1,
TO SENATE BILL 260

October 23, 2019 - Offered by Senator Testin.

SB260-SSA1,1,3 1An Act to create 66.1105 (17) (g) of the statutes; relating to: changing the 12
2percent rule regarding the total value of taxable property included in the
3creation 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:

SB260-SSA1,1 4Section 1. 66.1105 (17) (g) of the statutes is created to read:

SB260-SSA1,1,95 66.1105 (17) (g) Village of Ontario exception. The limit described under sub.
6(4) (gm) 4. c. shall be 18 percent with regard to Tax Incremental District Number 2
7that is created by the village board of the village of Ontario, except that this
8paragraph does not apply upon the termination of that district or Tax Incremental
9District Number 1 in the village of Ontario.

SB260-SSA1,1,1010 (End)