Rep. Loudenbeck: Two Loudenbeck bills pass Assembly
Contact: Rep. Amy Loudenbeck Rep.Loudenbeck@legis.wi.gov (608) 266-9967 Madison – State Representative Amy Loudenbeck (R-Clinton) issued the following statement after two bill she authored, Assembly Bill 659 (AB 659) and Assembly Bill 809 (AB 809) were passed in the Assembly. Current law creates a significant disincentive for municipalities to use a subtraction amendment to remove territory from a Tax Incremental District (TID) prior to termination, because all taxing districts lose the levy increase that they would realize at the TID’s termination. “AB 659 removes the disincentive for municipalities to use a subtraction amendment to remove territory from a TID by allowing the