This bill make technical changes to the state’s adoption of the Revised Uniform Unclaimed Property Act. For example, under current law, a “loyalty card” means, in part, a record given without direct monetary consideration under an award, reward, benefit, loyalty, incentive, rebate, or promotional program. The bill creates the term “financial organization loyalty card” and defines that term, in part, as a card or electronic record given without direct monetary consideration under an award, reward, benefit, loyalty, incentive, rebate, or promotional program established by a financial organization.

Lottery games

With regard to lottery games, current law requires that all drawings to select among winning numbers, among entries, or among finalists must be recorded on both videotape and audiotape. This bill modifies that provision so that all such drawings must be documented with a video and audio recording.

The bill also eliminates an obsolete provision related to lottery prizes received on or before October 21, 1998, and payable over a 10-year period. Under current law, the recipient of such a prize had until December 31, 2000, to change the form of the payment from an annuity to a lump-sum payment.

For further information see the state fiscal estimate, which will be printed as an appendix to this bill.

AB742,,4 The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:

AB742,1 Section 1. 60.85 (2) (b) 7. of the statutes is repealed.

AB742,2 Section 2. 60.85 (2) (c) of the statutes is amended to read:

AB742,,7 60.85 (2) (c) Except as provided in par. (b) 7., no No town may exercise any power under this subsection within the extraterritorial zoning jurisdiction of a city or village, as that term is defined in s. 62.23 (7a) (a), unless the city’s or village’s governing body adopts a resolution which approves the town’s exercise of power under this subsection within such an extraterritorial zoning jurisdiction.

AB742,3 Section 3. 60.85 (3) (h) 4. of the statutes is amended to read:

AB742,,9 60.85 (3) (h) 4. Declares the district to be either an agricultural project district, forestry project district, manufacturing project district, or tourism project district, and identifies the North American Industry Classification System industry number of each activity under each project for which project costs are to be expended; or declares the district to be a project described in sub. (2) (b) 7.

AB742,4 Section 4. 60.85 (3) (h) 5. a. of the statutes is amended to read:

AB742,,11 60.85 (3) (h) 5. a. That not less than 75 percent, by area, of the real property within the district is to be used for projects of a single one of the project types listed under sub. (2) (b) 1. to 4. or 7. and in accordance with the declaration under subd. 4.

AB742,5 Section 5. 60.85 (3) (h) 5. c. of the statutes is amended to read:

AB742,,13 60.85 (3) (h) 5. c. That the project costs of the district are limited to those specified under sub. (2) (b) and relate directly to a project described in sub. (2) (b) 7. or to promoting agriculture, forestry, manufacturing, or tourism development.

AB742,6 Section 6. 60.85 (5) (e) of the statutes is repealed.

AB742,7 Section 7. 66.1105 (2) (f) 1. (intro.) of the statutes is amended to read:

AB742,,16 66.1105 (2) (f) 1. (intro.) “Project costs” mean any expenditures made or estimated to be made or monetary obligations incurred or estimated to be incurred by the city which are listed in a project plan as costs of public works or improvements within a tax incremental district or, to the extent provided in this subd. 1. (intro.) or subds. 1. k., 1. m., and 1. n., or sub. (20) (c), without the district, plus any incidental costs, diminished by any income, special assessments, or other revenues, including user fees or charges, other than tax increments, received or reasonably expected to be received by the city in connection with the implementation of the plan. For any tax incremental district for which a project plan is approved on or after July 31, 1981, only a proportionate share of the costs permitted under this subdivision may be included as project costs to the extent that they benefit the tax incremental district, except that expenditures made or estimated to be made or monetary obligations incurred or estimated to be incurred by a 1st class city, to fund parking facilities ancillary to and within one mile from public entertainment facilities, including a sports and entertainment arena, shall be considered to benefit any tax incremental district located in whole or in part within a one-mile radius of such parking facilities. To the extent the costs benefit the municipality outside the tax incremental district, a proportionate share of the cost is not a project cost. “Project costs” include:

AB742,8 Section 8. 66.1105 (2) (f) 1. m. of the statutes is repealed.

AB742,9 Section 9. 66.1105 (2) (f) 1. n. of the statutes is amended to read:

AB742,,19 66.1105 (2) (f) 1. n. With regard to a tax incremental district that is located anywhere other than a city to which sub. (6) (d) applies, and subject Subject to sub. (4m) (d), project costs incurred for territory that is located within a one-half mile radius of the district’s boundaries and within the city that created the district.

AB742,10 Section 10. 66.1105 (2) (j) of the statutes is amended to read:

AB742,,21 66.1105 (2) (j) “Tax incremental base” means the aggregate value, as equalized by the department of revenue, of all taxable property located within a tax incremental district on the date as of which the district is created, determined as provided in sub. (5) (b). The base of districts created before October 1, 1980, does not include the value of property exempted under s. 70.111 (17).

AB742,11 Section 11. 66.1105 (4) (a) of the statutes is amended to read:

AB742,,23 66.1105 (4) (a) Holding of a public hearing by the planning commission at which interested parties are afforded a reasonable opportunity to express their views on the proposed creation of a tax incremental district and the proposed boundaries of the district. Notice of the hearing shall be published as a class 2 notice, under ch. 985. Before publication, a copy of the notice shall be sent by first class mail to the chief executive officer or administrator of all local governmental entities having the power to levy taxes on property located within the proposed district and to the school board of any school district which includes property located within the proposed district. For a county with no chief executive officer or administrator, notice shall be sent to the county board chairperson.

AB742,12 Section 12. 66.1105 (4) (e) of the statutes is amended to read:

AB742,,25 66.1105 (4) (e) At least 14 days before adopting a resolution under par. (gm), holding of a public hearing by the planning commission at which interested parties are afforded a reasonable opportunity to express their views on the proposed project plan. The hearing may be held in conjunction with the hearing provided for in par. (a). If the city anticipates that the proposed project plan’s project costs may include cash grants made by the city to owners, lessees, or developers of land that is located within the tax incremental district, the hearing notice shall contain a statement to that effect. Notice of the hearing shall be published as a class 2 notice, under ch. 985. The notice shall include a statement advising that a copy of the proposed project plan will be provided on request. Before publication, a copy of the notice shall be sent by 1st class mail to the chief executive officer or administrator of all local governmental entities having the power to levy taxes on property within the district and to the school board of any school district which includes property located within the proposed district. For a county with no chief executive officer or administrator, notice shall be sent to the county board chairperson.