2009 WISCONSIN ACT
272
An Act
to amend
66.0627 (title), 66.0627 (1) (a) and 66.0627 (8); and
to create
66.0627 (1) (d) of the statutes;
relating to:
expanding the authority of political subdivisions to make residential energy efficiency improvement loans, and authorizing political subdivisions to make water efficiency improvement loans and impose special charges for the loans.
The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:
66.0627
(title)
Special charges for current services and energy
and water
efficiency improvement loans.
66.0627
(1)
(a) "Energy efficiency improvement" means an improvement to a residential
, commercial, or industrial
premises that reduces the usage of energy, or increases the efficiency of energy usage, at the premises.
Section
3
.
66.0627 (1) (d) of the statutes is created to read:
66.0627
(1)
(d) "Water efficiency improvement" means an improvement to a residential, commercial, or industrial premises that reduces the usage of water, or increases the efficiency of water usage, at the premises.
66.0627
(8)
A political subdivision may make a loan to
a resident of
an owner or lessee of a premises located in
the political subdivision for making or installing an energy efficiency improvement
, a water efficiency improvement,
or a renewable resource application to the
resident's residential property
premises, or enter into an agreement with the owner or lessee regarding loan repayments to a 3rd party for owner-arranged or lessee-arranged financing for such purposes
. If a political subdivision makes such a loan
or enters into such an agreement
, the political subdivision may collect the loan repayment as a special charge under this section. Notwithstanding the provisions of sub. (4), a special charge imposed under this subsection may be collected in installments and may be included in the current or next tax roll for collection and settlement under ch. 74 even if the special charge is not delinquent.