State Senator Mary Lazich (R-New Berlin) represents parts of four counties: Milwaukee, Waukesha, Racine, and Walworth. Her Senate District 28 includes New Berlin, Franklin, Greendale, Hales Corners, Muskego, Waterford, Big Bend, the town of Vernon and parts of Greenfield, East Troy, and Mukwonago. Senator Lazich has been in the Legislature for more than a decade. She considers herself a tireless crusader for lower taxes, reduced spending and smaller government.
Government Functioning at its Best
The Wisconsin State Senate Special Session to approve $100 million in property tax relief for hardworking Wisconsin taxpayers and families, 2013 October Special Session Senate Bill 1, was Tuesday, October 15, 2013. The Senate’s approval is an example of Government functioning at its best. During the Senate debate Senate Democrats offered a substitute amendment to move the $100 million into the Budget Stabilization Fund, rainy day fund, rather than returning the money to taxpayers. The substitute amendment was defeated 19-14. The bill to provide $100 million in property tax relief was approved by the State Senate with a 28-5 vote. Thursday, October 17, 2013, the State Assembly approved 2013 October Special Session Senate Bill 1 with a 82-12 vote.
Our reforms and tough decisions place Wisconsin on a sound fiscal path. The fiscal security allows us to invest in priorities, including providing property tax relief to all Wisconsin property tax payers.
The $100 million property tax relief will be delivered through the state’s equalization aid formula. This will have a positive impact on property tax levies. Property tax relief will be $40 million this year, and an additional $60 million next year. Since the legislature fast tracked the legislation, taxpayers will see relief on December 2013 property tax bills.
Other Actions Taken by the Senate
Senate Bill 152 (SB 152) about exemption from regulation for certain annuities was approved with a voice vote.
Senate Bill 155 (SB 155) about prohibition on telephone solicitations was approved unanimously.
Senate Bill 250 (SB 250) allowing temporary alcohol beverage retail licenses issued to fair associations was approved with a voice vote.
Senate Bill 284 (SB 284) allowing pupils in grades seven and eight to earn high school credit was approved with a voice vote.
Senate Bill 295 (SB 295) about conveyance of information from a firearms dealer to the Department of Justice was approved with a voice vote.
Senate Bill 333 (SB 333) about authority to create a transitional jobs program was approved with a voice vote.
Wisconsin General Fund Update
According to the Department of Administration’s Annual Fiscal Report, Wisconsin’s closing general fund balance for fiscal year 2012-2013 was $759.2 million, exceeding the estimated balance by $89.6 million.
Under Republican leadership, we have made deposits to the state’s rainy day fund for three consecutive years. This year we deposited a historical $153.2 million into the state’s rainy day fund resulting in a $278.5 million balance.
The Legislative Fiscal Bureau estimates that the opening general fund net balance June 30, 2014 will be $440,417,500.
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