Wisconsin Assembly Bill AB348

Wisconsin 2023-2024 Regular Session

• Introduced: 7/17/23
• Refer: 7/17/23
• Failed: 4/15/24

Caption

The creation of a local exposition district by the City of Superior. (FE)

Impact

The bill empowers the City of Superior to impose specific taxes, including food and beverage taxes as well as a maximum 2% room tax. Additionally, it sets a cap on the bond proceeds that the district can issue for development at $20,300,000. This financial framework is intended to facilitate the construction and operation of exposition centers, aimed at attracting both transient visitors and event organizers that could enhance local business patronage.

Summary

Assembly Bill 348 establishes a local exposition district specifically for the City of Superior, introducing significant amendments to existing statutes related to local government authority. The bill defines the purposes of the newly created exposition district, which include hosting sporting tournaments and accommodating transient tourists through relevant structures. One of the core functionalities of this district is to generate tourism activity and drive economic growth for the city.

Contention

Notably, the introduction of Assembly Bill 348 triggered discussions around the balance of local governance and economic development. While proponents view this initiative as a vital measure to stimulate the local economy through increased tourism and organized events, there may be concerns from community members or local leaders regarding the implications of taxation and the potential long-term financial responsibilities associated with district establishment. The requirement for a referendum for the enabling resolution to take effect further underscores the citizen engagement aspect of this bill.