Bill
Bill > SB241
summary
Introduced
05/09/2025
05/09/2025
In Committee
05/09/2025
05/09/2025
Crossed Over
Passed
Dead
Introduced Session
2025-2026 Regular Session
Bill Summary
Under current law, there is a sales and use tax exemption for certain property and items used to construct, operate, or renovate a qualified data center, as certified by the Wisconsin Economic Development Corporation. Also under current law, the equalized value of the taxable property of a new or amended tax incremental district (TID) plus the value increment of all existing TIDs in a city or village may not exceed 12 percent of the total equalized value of taxable property in the city or village. Under this bill, the 12 percent rule does not apply to a TID that contains within its boundaries a qualified data center certified by WEDC if all of the project costs of the TID are related to the qualified data center. For further information see the state and local fiscal estimate, which will be printed as an appendix to this bill.
AI Summary
This bill modifies Wisconsin's tax incremental financing (TIF) district rules specifically for districts containing qualified data centers. Currently, a city or village cannot have TIF districts that, combined, exceed 12% of the total taxable property value. The bill creates an exception to this rule for TIF districts that are entirely focused on a qualified data center certified by the Wisconsin Economic Development Corporation (WEDC). Under this legislation, if all project costs in a data center district are directly related to the data center, the 12% value limit does not apply during the district's creation or project plan amendment. Additionally, the bill stipulates that once such a data center district is established, its project plan cannot later be amended to include costs unrelated to the data center. When calculating the overall TIF district value limits, local governments must exclude the value increment of these specialized data center districts. This change appears designed to make Wisconsin more attractive for large-scale data center investments by providing more flexible tax increment financing options.
Committee Categories
Business and Industry
Sponsors (15)
Dan Feyen (R)*,
John Jagler (R)*,
Mark Born (R),
Robert Brooks (R),
Benjamin Franklin (R),
Chanz Green (R),
Brent Jacobson (R),
Dan Knodl (R),
Rob Kreibich (R),
Paul Melotik (R),
Amanda Nedweski (R),
Jerry O'Connor (R),
Jim Piwowarczyk (R),
Pat Snyder (R),
David Steffen (R),
Last Action
Public hearing held (on 05/21/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://docs.legis.wisconsin.gov/2025/proposals/reg/sen/bill/sb241 |
| Fiscal Note - SB241: Fiscal Estimate From DOR | https://docs.legis.wisconsin.gov/2025/related/fe/sb241/sb241_dor.pdf |
| Fiscal Note - SB241: Fiscal Estimate From WEDC | https://docs.legis.wisconsin.gov/2025/related/fe/sb241/sb241_wedc.pdf |
| BillText | https://docs.legis.wisconsin.gov/document/proposaltext/2025/REG/SB241.pdf |
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