Relating to: the property tax deferral loan program administered by the Wisconsin Housing and Economic Development Authority.

This bill modifies Wisconsin's property tax deferral loan program to increase the maximum loan amount from $3,525 to $5,000 annually. It also establishes an annual adjustment mechanism that ties the loan limit to changes in the consumer price index, ensuring the amount keeps pace with inflation. The legislation applies these changes to loans where applications are filed after the bill's effective date. Additionally, the bill allows the Wisconsin Housing and Economic Development Authority to use up to 5 percent of allocated funds for marketing the program. Eligible participants must still meet existing income requirements, earning no more than $20,000 or 80 percent of the area median income.