Wisconsin WI City of Green Bay Municipality 2018 Tax Increment Financing General Economic Development Wisconsin State Statute 66.1105, Tax Increment Law. Green Bay Property Tax Tax Increment Financing (TIF) (not specified) $190,114 $0 $190,114 (none) https://greenbaywi.gov/Archive.aspx?AMID=37 14601 Wisconsin WI City of Madison Municipality 2018 Forgivable loans under Tax Increment Financing General Economic Development TID project plans City of Madison Forgiven Loan TIF Loan (N/A - TIF) $3,808,921 $0 $3,808,921 See CAFR for TIF notes regarding loans forgiven this FY and in the future https://www.cityofmadison.com/finance/accounting/financial-statements 14602 Wisconsin WI City of Milwaukee Municipality 2018 Program 1 - Developer-Financed Projects General Economic Development (not specified) Milwaukee Property Tax Tax Increment Financing (TIF) (not specified) $8,475,000 $0 $8,475,000 (none) 14603 Wisconsin WI City of Milwaukee Municipality 2018 Program 2 РGrants to Developers/Corporations General Economic Development (not specified) Milwaukee Property Tax Tax Increment Financing (TIF) (not specified) $234,000 $0 $234,000 (none) 14604 Wisconsin WI Wisconsin State 2018 Business Development Credit (also includes the Economic Development and Jobs Tax Credit programs) Job Creation/Retention Wisconsin Statutes 238.308 State of Wisconsin Income Tax Tax Credit Wisconsin Economic Development Corporation may require repayment of tax benefits claimed for a year in which the person failed to employ an eligible employee required by the agreement $13,100,000 $0 $13,100,000 Also includes the Economic Development and Jobs Tax Credit programs 14605 Wisconsin WI Wisconsin State 2018 Development Opportunity Zone (OZ) Tax Credit General Economic Development (OZ) Wisconsin Statutes 238.395 State of Wisconsin Income Tax Tax Credit Wisconsin Economic Development Corporation may revoke tax benefits if false or misleading information is provided, if the business ceases to operate in the zone or moves outside the development zone $300,000 $0 $300,000 (none) 14606 Wisconsin WI Wisconsin State 2018 Enterprise Zone (EZ) Tax Credit General Economic Development (EZ) Wisconsin Statutes 238.399 State of Wisconsin Income Tax Tax Credit Wisconsin Economic Development Corporation may require a business to repay tax benefits for which the business failed to maintain employment levels or a significant capital investment in property WEDC may revoke tax benefits if false or misleading information is provided, if the business ceases to operate in the zone or moves outside the development zone $42,600,000 $0 $42,600,000 (none) 14607 Wisconsin WI Wisconsin State 2018 Historical Homeowners Tax Credit Historic Preservation Wisconsin Statutes 44.02(24) State of Wisconsin Income Tax Tax Credit Department of Revenue may recover all or a portion of the credit if the claimant has not complied with all requirements $1,200,000 $0 $1,200,000 Administered by Wisconsin Historical Society 14608 Wisconsin WI Wisconsin State 2018 Historical Preservation Tax Credit Historic Preservation Wisconsin Statutes 238.17 State of Wisconsin Income Tax Tax Credit If sale or noncompliance occurs within 5 years then a prorated amount of the credit received will be added back to the individual’s tax liability $39,900,000 $0 $39,900,000 Supplement to Federal Historic Rehabilitation Tax Credit 14609 Wisconsin WI Wisconsin State 2018 Qualified New Business Venture Research and development Wisconsin Statutes 238.15 State of Wisconsin Income Tax Tax Credit The certified business must pay a penalty ranging from 60% to 100% of the Tax Credit provided if it relocates out of state during the 3 years after it received an investment $9,800,000 $0 $9,800,000 (none) 14610 10