- 2020 LEGISLATURE LRBa0801/1LRB-2742/1 EVM:cdcEVM:kjf ASSEMBLY AMENDMENTBILL 498 October 1, TO2019 ASSEMBLY- BILLIntroduced 498by DecemberRepresentatives 16,A 2019LLEN -, OfferedBRANDTJEN , FIELDS, SKOWRONSKI and S TEFFEN , cosponsored by RepresentativeLLENSenator S TROEBEL .

AtReferred theto locationsCommittee indicated,on amendLocal theGovernment. bill as follows:

1.A N A CT to amend 66.0627 (8) (a) of the statutes;

Pagerelating 2,to: line 4:

deleteloans “commercial"and repayment assistance by a political subdivision for certain improvements to properties and substitutecollection “nonresidential".of the debt by special charge.

Analysis by the Legislative Reference Bureau Under current law, a city, village, or town may impose a special charge against real property for services rendered by allocating the cost of the service to the properties that are served.

Also under current law, a city, village, town, or county (political subdivision) may make a loan to, or enter into a loan repayment agreement with, an owner or lessee of a premises for making or installing certain energy or water efficiency or renewable resource improvements (property assessed clean energy or PACE program).

The political subdivision may collect a loan repayment under the PACE program as a special charge.

Under this bill, a political subdivision may only make a PACE program loan to, or enter into a loan repayment agreement with, an owner or a lessee of a property that is a residential property containing at least five dwelling units or a commercial property.

The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:

SECTION 1.

66.0627 (8) (a) of the statutes is amended to read:

- 2020 Legislature - 2 - LRB-2742/1 EVM:kjf ASSEMBLY BILL 498 SECTION 1 66.0627 (8) (a) A political subdivision may make a loan, or enter into an agreement regarding loan repayments to a 3rd party for owner-arranged or lessee-arranged financing, to an owner or lessee of a premises that is a residential property containing at least 5 dwelling units or a commercial property and that is located in the political subdivision for a brownfield revitalization project or for making or installing an energy efficiency improvement, a water efficiency improvement, or a renewable resource application to the premises.