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The Commercial Association of REALTORS Wisconsin

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Commercial Real Estate and Government Day – Issues Discussed

March 14, 2017 by Amanda Hoffman

On March 15th, members from 9 Wisconsin commercial real estate associations will head to the State Capitol to advocate for issues that support our industry.  In addition to meetings with members of the Wisconsin Joint Finance madisonCommittee including Representative Dale Kooyenga, more than 30 legislator visits have been scheduled.  Members will also be hearing from the Secretary of the Department of Revenue, Rick Chandler.  The coalition represents more than 2,000 commercial real estate practitioners throughout the State of Wisconsin and has been participating in this annual tradition for more than a decade.  The main focus of the conversations will be around the 2017-19 State of Wisconsin Budget, introduced in February, 2017.

Members will address the following related to the Budget:

  • Transportation Funding and Enumeration of the I-94 E/W Corridor
  • Restoration of the Historic Tax Credit Funding
  • Support of the elimination of the State Property Tax

Members will also urge legislators to continue their involvement of commercial real estate professionals as they develop new legislation and make changes to existing law.  Specifically, the coalition members will offer their support related to the enhancement and improvement of TIF (Tax Incremental Financing) bills; Tax Assessment changes, and Brownfield legislation.

More information will follow the Capitol visits.  Please reach out to the Association Office or email Tracy ([email protected]) for more information.

Filed Under: News

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