Wisconsin Legislative Council
AMENDMENT MEMO
One Ea st Ma in Stre e t, Suite 401 • Ma dison, W I 53703 • (608) 266-1304 • le g.council@le gis.wisconsin.gov • http://www.le gis.wisconsin.gov/lc
Memo published: February 7, 2024 Contact: Melissa Schmidt, Principal Attorney
2023 Senate Bill 787 Senate Substitute Amendment 1
2023 SENATE BILL 787
Under current law, when considering the creation of a new tax incremental district (TID), a
municipality must comply with the “12-percent limit,” which specifies that the equalized value of a new
TID plus the value increment of the municipality’s existing TIDs may not exceed 12 percent of the total
equalized value in the municipality. 2023 Senate Bill 787 specifies that the 12-percent limit does not
apply with regard to TID Number 10 in the City of Evansville.
SENATE SUBSTITUTE AMENDMENT 1
Senate Substitute Amendment 1 specifies that, for purposes of calculating its 12-percent limit, TID
Number 10 in the City of Evansville shall count as exactly four percent of equalized value. Additionally,
the amendment specifies that TID Number 10 is not eligible for extension for purposes of funding
workforce housing as otherwise permitted under current law. Senate Substitute Amendment 2 also
specifies that TID Number 10 is subject to certain provisions of current law, as affected by 2023
Wisconsin Act 12, that relate to the consideration of a municipality’s TIDs in calculation of its levy
limits.
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BILL HISTORY
Senate Substitute Amendment 1 was introduced by Senator Marklein on January 18, 2024. On February
6, 2024, the Senate Committee on Government Operations voted to recommend adoption of the
substitute amendment by a vote of Ayes, 5; Noes, 0; and to pass the bill, as amended, by a vote of Ayes,
5; Noes, 0.
For a full history of the bill, visit the Legislature’s bill history page.
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With respect to the impact of TIDs on levy limits, 2023 Wisconsin Act 12 modifies what is included in the valuation
factor for determining a local levy limit. In addition, beginning generally with TIDs created in 2025, the act sunsets the
one-time levy limit increase allowed under prior law upon the termination of a TID, and replaces it with a relatively
smaller, one-time increase upon TID termination.