Date of enactment: March 21, 2024
2023 Senate Bill 787 Date of publication*: March 22, 2024
2023 WISCONSIN ACT 135
AN ACT to amend 66.0602 (1) (d), 66.0602 (3) (dq) 1. (intro.) and 66.0602 (3) (dv); and to create 66.1105 (5) (bu)
and 66.1105 (6) (g) 4. of the statutes; relating to: local levy increase limit calculations and exception to extension
of tax incremental district lifespan for a tax incremental financing district created in the city of Evansville and limita-
tions on the total value of taxable property that may be included in a tax incremental financing district created in the
city of Evansville.
The people of the state of Wisconsin, represented in
senate and assembly, do enact as follows:
SECTION 1. 66.0602 (1) (d) of the statutes, as affected
by 2023 Wisconsin Act 12, is amended to read:
66.0602 (1) (d) “Valuation factor” means a percent-
age equal to the greater of either the percentage change
in the political subdivision’s January 1 equalized value
due to new construction less improvements removed
between the previous year and the current or 0 percent.
For a tax incremental district created after December 31,
2024, and for Tax Incremental District Number 10 cre-
ated by the common council of the city of Evansville, the
valuation factor includes 90 percent of the equalized
value increase due to new construction that is located in
a tax incremental district, but does not include any
improvements removed in a tax incremental district.
SECTION 2. 66.0602 (3) (dq) 1. (intro.) of the statutes,
as created by 2023 Wisconsin Act 12, is amended to read:
66.0602 (3) (dq) 1. (intro.) For a tax incremental dis-
trict created after December 31, 2024, and for Tax Incre-
mental District Number 10 created by the common coun-
cil of the city of Evansville, if the department of revenue
does not certify a value increment for the tax incremental
district for the current year as a result of the district’s ter-
mination, the levy increase limit otherwise applicable
under this section in the current year to the political sub-
division in which the district is located is increased by all
of the following amounts:
SECTION 3. 66.0602 (3) (dv) of the statutes, as created
by 2023 Wisconsin Act 12, is amended to read:
66.0602 (3) (dv) For a tax incremental district created
after December 31, 2024, and for Tax Incremental Dis-
trict Number 10 created by the common council of the
city of Evansville, if the department of revenue recerti-
fies the tax incremental base of a tax incremental district
as a result of the district’s subtraction of territory under
s. 66.1105 (4) (h) 2., the levy limit otherwise applicable
under this section shall be adjusted in the first levy year
in which the subtracted territory is not part of the value
increment. In that year, the political subdivision in which
the district is located shall increase the levy limit other-
wise applicable by an amount equal to the political subdi-
vision’s maximum allowable levy for the immediately
preceding year, multiplied by a percentage equal to 10
percent of the amount determined by dividing the equal-
ized value increase, calculated as provided in par. (dq) 2.,
attributable to the territory that was subtracted, calcu-
lated for the previous year, by the political subdivision’s
* 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.” − 2 −2023 Wisconsin Act 135 2023 Senate Bill 787
equalized value, exclusive of any tax incremental district
value increments, for the previous year, all as determined
by the department of revenue.
SECTION 4. 66.1105 (5) (bu) of the statutes is created
to read:
66.1105 (5) (bu) The Tax Incremental District Num-
ber 10 that is created by the common council of the city
of Evansville shall count as exactly 4 percent of equal-
ized value for purposes of the requirement that the total
equalized value not exceed 12 percent, as described in
sub. (4) (gm) 4. c.
SECTION 5. 66.1105 (6) (g) 4. of the statutes is created
to read:
66.1105 (6) (g) 4. This paragraph does not apply to
Tax Incremental District Number 10 in the city of
Evansville.