January 2, 2024 - Introduced by Representatives Bare, Palmeri, Ratcliff, Madison, Clancy, J. Anderson, Considine, Joers, Neubauer, Sinicki and Stubbs, cosponsored by Senators Larson, Spreitzer and Agard. Referred to Committee on Housing and Real Estate.
AB877,,22An Act to repeal 66.1015 of the statutes; relating to: local rent control and inclusionary zoning. AB877,,33Analysis by the Legislative Reference Bureau Current law prohibits political subdivisions from regulating the amount of rent or fees charged for residential rental property and from imposing inclusionary zoning requirements. Inclusionary zoning requirements are requirements that prescribe “that a certain number or percentage of new or existing residential dwelling units in a land development be made available for rent or sale to an individual or family with a family income at or below a certain percentage of the median income.” This bill eliminates these prohibitions.
Because this bill may increase or decrease, directly or indirectly, the cost of the development, construction, financing, purchasing, sale, ownership, or availability of housing in this state, the Department of Administration, as required by law, will prepare a report to be printed as an appendix to this bill.
AB877,,44The people of the state of Wisconsin, represented in senate and assembly, do enact as follows: AB877,15Section 1. 66.1015 of the statutes is repealed.
