BizTimes Morning Headlines: State Senate passes property tax cut

    The Wisconsin Senate approved Gov. Scott Walker’s $100 million property tax cut proposal Tuesday with bipartisan support.


    The bill is speeding through the Legislature so it can take effect on property tax bills mailed this December. The Assembly planned to pass it Thursday, just a week after Walker introduced it. Walker hopes to sign it into law Friday.

    On average, the tax cut will reduce taxes on the typical home $13 this year and $20 next year, although the exact effect will vary widely statewide based on where a person lives and how much their home is valued.

    For more, read the BizTimes Morning Headlines.

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