Wisconsin Statutes (Last Updated: January 10, 2017) |
Chapter 67. Municipal Borrowing And Municipal Bonds |
Section 67.035. Tax limitations not applicable to debt levies.
Latest version.
- All taxes levied or to be levied by any municipality proceeding under this chapter for the purpose of paying principal and interest on valid bonds or notes, other than noncapital notes, as defined in s. 38.16 (3) (a) 2r. , now or hereafter outstanding shall be without limitation notwithstanding any legislative limitation now or heretofore existing, and all such limitations are repealed insofar as they apply to taxes levied or to be levied to pay principal and interest upon such bonds or notes.