Relating to: limitations on the total value of taxable property that may be included in, and the lifespan of, a tax incremental financing district created in the city of Middleton. (FE)

Senate Bill 24 creates specific exceptions for Tax Incremental District Number 6 in the city of Middleton. It exempts this particular district from state-mandated limitations on the total value of taxable property that can be included within it. Additionally, the bill removes a specific statutory lifespan limit for this same district. The exemption for the property value limit applies if the district is established by June 1, 2025.