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2007-2008 Session » 2007 WISCONSIN ACT 10 Relating to: the timing of a joint review board meeting regarding tax incremental district number 3 in the city of Altoona.
2007 WISCONSIN ACT 10 Relating to: the timing of a joint review board meeting regarding tax incremental district number 3 in the city of Altoona.
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2007 WISCONSIN ACT
10
An Act
to create
66.1105 (5) (bL) of the statutes;
relating to:
the timing of a joint review board meeting regarding tax incremental district number 3 in the city of Altoona.
The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:
Section
1
.
66.1105 (5) (bL) of the statutes is created to read:
66.1105
(5)
(bL) The requirement under s. 66.1105 (4m) (b) 2., 2001 stats., that a vote by the board take place not less than 10 days nor more than 30 days after receiving a resolution does not apply to a resolution amending a project plan under sub. (4) (h) 1. if the resolution related to tax incremental district number 3 in the city of Altoona. The department of revenue shall approve the boundary amendment, allocate tax increments, redetermine the tax incremental base of the district using the January 1, 2003, values, and treat the district in all other respects as if the provisions of s. 66.1105 (4m) (b) 2., 2001 stats., had been complied with, except that the department of revenue may not certify a value increment under par. (b) before 2007.