96 Relating to: authorizing towns to participate in multijurisdictional tax incremental financing districts. (FE)

  Date of enactment: November 11, 2015
2015 Assembly Bill 45   Date of publication*: November 12, 2015

* Section 991.11, Wisconsin Statutes : 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."

2015 WISCONSIN ACT 96

An Act to amend 66.1105 (18) (c) 4. of the statutes; relating to: authorizing towns to participate in multijurisdictional tax incremental financing districts.

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

Section 1 . 66.1105 (18) (c) 4. of the statutes is amended to read:

66.1105 (18) (c) 4. No Any town which may create a tax incremental district under this section or s. 60.85 may be part of a multijurisdictional tax incremental district. If a town board exercises the powers of a city under this subsection, it is subject to the same duties as a common council under this section and the town is subject to the same duties and liabilities as a city under this section.

Section 2 . Effective date.

(1) This act takes effect on October 1, 2016.