41 Relating to: expanding the number of tax incremental financing districts that may be designated as distressed or severely distressed.

Date of enactment: August 3, 2011
2011 Senate Bill 55 Date of publication*: August 17, 2011

* Section 991.11, Wisconsin Statutes 2009-10 : Effective date of acts. "Every act and every portion of an act enacted by the legislature over the governor's partial veto which does not expressly prescribe the time when it takes effect shall take effect on the day after its date of publication as designated" by the secretary of state [the date of publication may not be more than 10 working days after the date of enactment].

2011 WISCONSIN ACT 41

An Act to repeal 66.1105 (4e) (a) 4.; and to amend 66.1105 (4e) (a) (intro.) of the statutes; relating to: expanding the number of tax incremental financing districts that may be designated as distressed or severely distressed.

The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:

Section 1e . 66.1105 (4e) (a) (intro.) of the statutes is amended to read:

66.1105 (4e) (a) (intro.) Before October 1, 2011 2015 , and subject to par. (am) and the limitations in this subsection, a city may designate a tax incremental district that it created before October 1, 2008, as a distressed or severely distressed tax incremental district if all of the following occur or apply:

Section 1s . 66.1105 (4e) (a) 4. of the statutes is repealed.