UPDATE: Tues 9:56 AM, Oct. 15, 2013
MADISON, Wis. (AP) -- The Wisconsin state Senate will get the first crack at Gov. Scott Walker's $100 million property tax cut proposal.
The Senate is scheduled to take up the measure in a special session Tuesday. The bill is up for a public hearing and vote Tuesday morning in the Legislature's budget-writing Joint Finance Committee.
The plan is projected to cut property taxes on a median-valued home by $13 this year. Next year, taxes would drop $20 compared to what they would be without the $100 million cut.
Even under the cut, property taxes are still projected to increase by $11 -- from $2,943 to $2,954 -- in two years for the typical home. The actual amount people pay varies widely across the state.
ORIGINAL STORY: Thurs 1:18 PM, Oct. 10, 2013
MADISON, Wis. (AP) -- Gov. Scott Walker is proposing a $100 million property tax cut.
Republican Senate President Mike Ellis tells The Associated Press that Walker will call a special session for the Legislature to consider the idea next week. Walker was scheduled to announce the plan Thursday.
Ellis says, "I don't know why anybody would be opposed to this."
Ellis says Walker plans to tap additional state revenue that's come in above projections to offset projected increases in property taxes statewide. Ellis says the effect statewide will be no net property tax increase.
Ellis says the last time something was done like this was in 1993.
Walker is announcing the plan just days after Democrat Mary Burke said she will be challenging him for re-election next year.
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