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SB 24 - Exempts Tax Incremental District Number 6 in the City of Middleton From Limits on Taxable Property - Wisconsin Key Vote

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Title: Exempts Tax Incremental District Number 6 in the City of Middleton From Limits on Taxable Property

Signed by Governor Tony Evers


Title: Exempts Tax Incremental District Number 6 in the City of Middleton From Limits on Taxable Property

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Title: Exempts Tax Incremental District Number 6 in the City of Middleton From Limits on Taxable Property

Vote Smart's Synopsis:

Vote to pass a bill that exempts Tax Incremental District Number 6 in the city of Middleton, Wisconsin from the 12 percent value limit on taxable property.

Highlights:

  • Exempts Tax Incremental District (TID) Number 6, created by the city of Middleton, from the rule that the equalized value of taxable property of a new or amended TID plus the value increment of all existing TIDs in a city may not exceed 12 percent of the total equalized value of taxable property in the city (Sec. 1-2).

  • Prohibits the extension of a housing stock improvement for TID Number 6 in Middleton (Sec. 1-2).

Full Bill Text

Title: Exempts Tax Incremental District Number 6 in the City of Middleton From Limits on Taxable Property

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