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UPDATE: Walker signs $100 million property tax cut


UPDATED Sunday, October 20, 2013 --- 7:18 p.m.

MADISON, Wis. (AP) -- Gov. Scott Walker has signed into law a $100 million property tax cut.

The measure sped through the Legislature with little opposition, allowing for the cut to be applied to tax bills mailed to homeowners in December.

The amount of the cut will vary widely across the state but for the typical homeowner it will amount to just $13 this year and $20 next year.

Even under the cut, property taxes are still projected to increase by $11 -- from $2,943 to $2,954 -- in two years for the median-valued $148,000 home.

Walker and Republican backers defended the cut, as modest as it may be, as the right thing to do given the state's growing budget surplus.

Walker signed the law Sunday at a farm near Burlington.

Copyright 2013: Associated Press
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UPDATED Thursday, October 17, 2013 --- 5:12 p.m.

MADISON, Wis. (AP) -- The Wisconsin state Assembly has passed Gov. Scott Walker's $100 million property tax cut proposal with broad bipartisan support.

Thursday's vote comes exactly one week after Walker unveiled the plan and sets the stage for the governor to sign the measure into law as soon as Friday.

Walker wants act quickly so the tax cut will show up on homeowners' bills in December. The cut will be $13 for the owner of a typical home this year and $20 next year.

The Senate passed the bill on Tuesday on a 28-7 vote. It cleared the Assembly 82-12.

Assembly Democratic Minority Leader Peter Barca says the tax cut is nothing more than a political ploy to distract people from Democrat Mary Burke's candidacy for governor.

Copyright 2013: Associated Press

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UPDATED Thursday, October 17, 2013 --- 6:05 a.m.

MADISON, Wis. (AP) -- The Wisconsin state Assembly is preparing to vote on Gov. Scott Walker's $100 million property tax cut proposal.

The measure is racing through the legislative process. Walker introduced it a week ago and on Tuesday the Senate passed it with bipartisan support on a 28-7 vote. It's expected to also find broad support in the Assembly.

Democrats have complained that the measure is more of a political ploy by Walker to help his re-election efforts next year than anything that will substantially help taxpayers. The cut will reduce the typical homeowner's property tax bill by $13 this year and $20 next year.

Republican backers say every little bit helps and the money should be returned to taxpayers.

Copyright 2013: Associated Press

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UPDATED Tuesday, October 15, 2013 --- 5:34 p.m.

MADISON, Wis. (AP) -- The Wisconsin Senate has passed Gov. Scott Walker's $100 million property tax cut proposal, sending it on to the Assembly.

The Senate passed it Tuesday on a bipartisan 28-5. All Republicans and 10 Democrats voted for it.

Democratic Sen. Tim Cullen, of Janesville, is one of five Democrats who voted against it. He says the true intent of the bill is to help Walker win re-election next year. Walker introduced the bill last week just three days after Democrat Mary Burke announced her candidacy against him.

Burke tells The Associated Press in a Tuesday interview that "no one can argue with a tax cut," but she's concerned with the growing projected budget shortfall.

Copyright 2013: Associated Press
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UPDATED Tuesday, October 15, 2013 --- 12:40 p.m.

MADISON, Wis. (AP) -- The Wisconsin Legislature's budget committee has unanimously approved Gov. Scott Walker's $100 million property tax cut proposal.

Tuesday's bipartisan 16-0 vote comes just before the full Senate is to take up the measure. The Assembly was scheduled to take it up Thursday. Walker has said he wants to sign it into law by the end of the week.

The tax cut is scheduled to take effect this year. It is estimated to lower property taxes on the typical home by $13 this year and $20 next year. The actual amount people pay varies widely across the state.

No one testified for or against the measure, although four registered in support. Even though Democrats voted for it, they said the savings need to be put into perspective.

Copyright 2013: Associated Press

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UPDATED Tuesday, October 15, 2013 --- 11:02 a.m.

MADISON, Wis. (AP) -- The projected budget shortfall the state will face in 2015 would increase 33 percent if the Legislature approves a $100 million property tax cut and other worker training bills proposed by Gov. Scott Walker.

The nonpartisan Legislative Fiscal Bureau released an analysis Tuesday showing the increased spending would grow the state's projected shortfall from $545 million to $725 million.

News about the growth in the structural deficit came the day after Walker's administration announced that the state collected $89 million more than originally expected in the last fiscal year. Even with that growth, the Fiscal Bureau report shows the deficit would grow thanks mostly to the property tax cut.

The shortfall would still be less than half of the structural deficit faced every two years since 1997.

Copyright 2013: Associated Press

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UPDATED Tuesday, October 15, 2013 --- 6:08 a.m.

MADISON, Wis. (AP) -- The Wisconsin state Senate will get the first crack at Gov. Scott Walker's $100 million property tax cut proposal.

The Senate is scheduled to take up the measure in a special session Tuesday. The bill is up for a public hearing and vote Tuesday morning in the Legislature's budget-writing Joint Finance Committee.

The plan is projected to cut property taxes on a median-valued home by $13 this year. Next year, taxes would drop $20 compared to what they would be without the $100 million cut.

Even under the cut, property taxes are still projected to increase by $11 -- from $2,943 to $2,954 -- in two years for the typical home. The actual amount people pay varies widely across the state.

Copyright 2013: Associated Press

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UPDATED Monday, October 14, 2013 --- 12:50 p.m.

MADISON, Wis. (AP) -- Wisconsin Senate Democrats are likely to support Gov. Scott Walker's $100 million property tax cut when it comes up for a vote Tuesday.

That's what Senate Democratic Minority Leader Chris Larson said Monday after the measure was scheduled for a vote.

Republicans are moving quickly on the plan that would cut property taxes on the typical home by $13 this year. The actual effect on individual homeowners varies widely across the state.

The Senate is taking up the bill on Tuesday, with the Assembly following on Thursday.

Larson says the timing of Walker's proposal is "purely politics."

Walker unveiled the plan last week, just three days after Democrat Mary Burke announced she was challenging him. If passed, the tax cut would be in effect on bills mailed this December.

Copyright 2013: Associated Press

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MADISON, Wis. (AP) -- Gov. Scott Walker's $100 million property tax cut proposal heads to the Legislature this week.

Republicans intend to move quickly on the plan, which if passed would cut property taxes on the typical home by $13 this year. The actual effect on individual homeowners varies widely across the state.

Walker unveiled the proposal last Thursday. It's slated for a public hearing Tuesday before the budget-writing Joint Finance Committee. That panel is expected to pass it and send it to the Senate later on Tuesday for a vote.

The Assembly is expected to vote on it Thursday.

Walker says he wants to sign the bill into law by the end of the week.

Walker announced the plan just three days after Democrat Mary Burke announced she was running against him.

Copyright 2013: Associated Press

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UPDATED Thursday, October 10, 2013 --- 12:42 p.m.

MADISON, Wis. (AP) -- Gov. Scott Walker is proposing a $100 million property tax cut for the Legislature to take up in special session next week.

Walker announced the proposal on Thursday, saying money to pay for the cut will come from higher than anticipated state tax collections. He was joined by Assembly Speaker Robin Vos and Sen. Alberta Darling.

Republican Senate President Mike Ellis says, "I don't know why anybody would be opposed to this."

But Democratic Rep. Sandy Pasch says no Democrats were included in the drafting of the proposal. Walker did not discuss the plan during a meeting on Wednesday with Democratic leaders of the Senate and Assembly.

Walker is announcing the plan just three days after Democrat Mary Burke said she will be challenging him for re-election next year.

Copyright 2013: Associated Press

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Posted Thursday, October 10, 2013 --- 12:07 p.m.

MADISON, Wis. (AP) -- Gov. Scott Walker is proposing a $100 million property tax cut.

Republican Senate President Mike Ellis tells The Associated Press that Walker will call a special session for the Legislature to consider the idea next week. Walker was scheduled to announce the plan Thursday.

Ellis says, "I don't know why anybody would be opposed to this."

Ellis says Walker plans to tap additional state revenue that's come in above projections to offset projected increases in property taxes statewide. Ellis says the effect statewide will be no net property tax increase.

Ellis says the last time something was done like this was in 1993.

Walker is announcing the plan just days after Democrat Mary Burke said she will be challenging him for re-election next year.

Copyright 2013: Associated Press


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