Gov. Walker to sign bill providing property tax relief on Sunday
RACINE CO. (WITI) — Gov. Scott Walker will sign Special Session Bill 1 into law in Burlington on Sunday, October 20th.
Special Session Bill 1 provides $100 Million in property tax relief for Wisconsin families, farmers, seniors, and small businesses.
The Assembly and Senate passed the bill earlier this week. Republicans in the state Legislature say it marks the third consecutive year the average homeowner will see a reduction in their property taxes. Throughout the next two years, Gov. Walker says those homeowners will see a total savings of about $250.
A representative from the Legislative Fiscal Bureau in Madison says based on a $148,000 home, most taxpayers will only see $13 in relief during the first year.