Relating to: replacing the expenditure restraint incentive program with a municipality payment program and making an appropriation. (FE)

SB 707 replaces Wisconsin's existing "expenditure restraint incentive program" with a new "municipality payment program" that guarantees ongoing funding for eligible municipalities. It directly affects cities and towns that received payments under the old program in 2024, 2025, or 2026, ensuring they receive annual payments equal to their highest prior-year amount starting in 2027. Key provisions include ending the old program after 2026 (via Section 79.05(8)), creating a new payment structure (Section 79.06), and adjusting payment schedules for 2026-2027. The bill makes a specific appropriation to fund this transition, with most changes effective July 1, 2027.