NAIOP-WI’s Top Legislative Priorities for Remainder of Session
By Tom Larson
With the 2013-14 legislative session reaching its midpoint, NAIOP-WI recently evaluated the status of its legislative agenda and identified the priorities for the remainder of the session.
Because the first part of the legislative session was focused on the state budget, NAIOP-WI’s lobbying activities, to date, have been aimed primarily at tax reform and new economic development initiatives such as maintaining the property tax freeze, major income tax reform, federalizing the tax treatment of depreciating commercial property and the deduction of capital losses, and the creation of a new venture capital investment program that will invest over $25 million in new start-up businesses in Wisconsin.
NAIOP-WI’s lobbying efforts for the remainder of the legislative session will concentrate on various regulatory reform initiatives and new tools to promote economic development at the local level. Some of these legislative priorities include:
Shoreland Zoning After Annexation – Encourage higher density development and streamline the regulatory process by eliminating the requirement for cities and villages to adopt shoreland zoning standards (Wis. Admin. Code Ch. NR 115) for property newly annexed or incorporated into city/village limits.
Landlord/Tenant Regulations – Make a number of changes to landlord/tenant law including the restrictions placed on the ability of landlords to removed illegally parked cars from their premises, the timing for returning security deposits, notice requirements for disposing of tenants’ abandoned property, and streamlining eviction actions.
Vested rights — Provide greater certainty and fairness in the permit approval process by freezing development regulations for completed permit applications and provide that any subsequent changes in land use regulations will not affect the consideration of the pending application.
B-bonds/Special Assessment Payments – Modify special assessment law to allow local communities more flexibility to use either “tailored” principal payments for special assessments or equal total payments (principal and interest) to pay off the special assessment, which will encourage more economic development opportunities by making special assessment payments more uniform and affordable in the early years of a development project
Redevelopment TIF – Authorize local municipalities to lower the base value of an existing TIF district when the property is demolished or property values have declined, accelerating the generation of new taxable value and facilitating redevelopment.
Appraisal Management Companies – To comply with federal Dodd-Frank law, create registration and supervision requirements for appraisal management companies, such as timely payment, third party liability agreements, disclosure of appraiser fees in appraisal reports, and AMC staff requirements.
Wetland Mitigation Guidelines – Modify current wetland mitigation guidelines to allow for greater use of both onsite and offsite mitigation for minor wetland fills.
If you have questions on these or any other legislative and regulatory issues, please contact Tom Larson at email@example.com.