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2007-2008 Session » 2007 WISCONSIN ACT 129 Relating to: expanding an exception to local levy limits for levies for debts incurred by a joint fire department.
2007 WISCONSIN ACT 129 Relating to: expanding an exception to local levy limits for levies for debts incurred by a joint fire department.
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2007 WISCONSIN ACT
129
An Act
to amend
66.0602 (3) (e) 5. of the statutes;
relating to:
expanding an exception to local levy limits for levies for debts incurred by a joint fire department.
The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:
Section
1
.
66.0602 (3) (e) 5. of the statutes, as created by
2007 Wisconsin Act 20
, is amended to read:
66.0602
(3)
(e) 5. The amount that a political subdivision levies in that year to make up any revenue shortfall for the debt service on a revenue bond issued under s. 66.0621
by the political subdivision or by a joint fire department if the joint fire department uses the proceeds of the bond to pay for a fire station and assesses the political subdivision for its share of that debt, under an agreement entered into under s. 66.0301, which is incurred by the joint fire department but is the responsibility of the political subdivision
.