2009 WISCONSIN ACT
67
An Act
to amend
66.1105 (7) (ak) 2.; and
to create
66.1105 (6) (a) 9., 66.1105 (6) (am) 2. d. and 66.1105 (7) (ak) 3. of the statutes;
relating to:
expanding the life of a tax incremental district in the city of Racine.
The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:
Section
1
.
66.1105 (6) (a) 9. of the statutes is created to read:
66.1105
(6)
(a) 9. Thirty-seven years after the tax incremental district is created if the district is created before October 1, 1983, and the expenditure period is specified in par. (am) 2. d.
Section
2
.
66.1105 (6) (am) 2. d. of the statutes is created to read:
66.1105
(6)
(am) 2. d. Expenditures for project costs for Tax Incremental District Number 2 in the city of Racine. Such expenditures may be made no later than 32 years after the district is created and may be made through 2015.
Section
3m
.
66.1105 (7) (ak) 2. of the statutes is amended to read:
66.1105
(7)
(ak) 2. For a district that is created after September 30, 1995, and before October 1, 2004, and that is not subject to subd. 1., 23 years after the district was created, and
, except as provided in subd. 3.,
for a district that is created before October 1, 1995, 27 years after the district is created.
Section
4m
.
66.1105 (7) (ak) 3. of the statutes is created to read:
66.1105
(7)
(ak) 3. For Tax Incremental District Number 2 in the city of Racine, 37 years after the district is created.
