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2023 - 2024 LEGISLATURE
2023 ASSEMBLY BILL 1126
March 6, 2024 - Introduced by Representatives NOVAK, HAYWOOD, ALLEN, BALDEH,
BARE, EMERSON, JACOBSON, MOORE OMOKUNDE, O'CONNOR, SINICKI, SUBECK and
OHNSTAD, cosponsored by Senators JAMES and SPREITZER. Referred to
Committee on Ways and Means.
***AUTHORS SUBJECT TO CHANGE***
AN ACT to create 70.11 (38v) of the statutes; relating to: a property tax
exemption for the Wisconsin Housing and Economic Development Authority
headquarters.
Analysis by the Legislative Reference Bureau
This bill exempts land and buildings owned by the Wisconsin Housing and
Economic Development Authority and used as its corporate headquarters, including
associated parking facilities, from the property tax.
Because this bill relates to an exemption from state or local taxes, it may be
referred to the Joint Survey Committee on Tax Exemptions for a report to be printed
as an appendix to the bill.
For further information see the state and local fiscal estimate, which will be
printed as an appendix to this bill.
The people of the state of Wisconsin, represented in senate and assembly, do
enact as follows:
SECTION 1. 70.11 (38v) of the statutes is created to read:
70.11 (38v) WISCONSIN HOUSING AND ECONOMIC DEVELOPMENT AUTHORITY
HEADQUARTERS. Land and buildings on that land owned by the Wisconsin Housing
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SECTION 1 ASSEMBLY BILL 1126
and Economic Development Authority and used exclusively as either the corporate
headquarters of the Wisconsin Housing and Economic Development Authority or the
parking facilities associated with those headquarters.
SECTION 2.0Initial applicability.
(1) WHEDA HEADQUARTERS. The treatment of s. 70.11 (38v) first applies to the
property tax assessments as of January 1, 2024.
(END)
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