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 9, 2024 Contact: Melissa Schmidt, Principal Attorney
2023 Senate Bill 880 Senate Substitute Amendment 1
2023 SENATE BILL 880
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 880 specifies that for purposes of TID Number
14 in the City of Stevens Point, the 12-percent limit is increased to 15 percent.
SENATE SUBSTITUTE AMENDMENT 1
Senate Substitute Amendment 1 replaces the provisions of the bill and instead provides the following
for TID Number 14 in the City of Stevens Point:
The 12-percent limit does not apply to the creation of this TID if it is created before October 1, 2024.
The TID is not eligible for extension for purposes of funding workforce housing as otherwise
permitted under current law.
The TID 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 Testin on February 2, 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 passage of 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.