TITLE

Wisconsin Officials Concerned Over Push for Revenue-Limits Amendment

AUTHOR(S)
Shields, Yvette
PUB. DATE
March 2006
SOURCE
Bond Buyer;3/1/2006, Vol. 355 Issue 32329, p32
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the concern of Wisconsin state officials that a Republican-sponsored constitutional amendment limiting revenue collections would cut into their debt-issuing capacity and hurt the economic development throughout the state. It highlights a proposed bill that would limit revenue growth to inflation, population growth, and 60 percent of the increase in property values from new construction. The state and local government would be required under the legislation to count any bond proceeds towards revenue collected for that year.
ACCESSION #
20281777

 

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