Relating to: maximum life and allocation period for Tax Incremental District Number 9 in the village of DeForest and the total value of taxable property that may be included in tax incremental financing districts created in the village of DeForest. (FE)

Senate Bill 133 makes specific adjustments to the rules for Tax Incremental District (TID) Number 9 in the village of DeForest. It extends the maximum lifespan and the period for allocating tax increments for this particular district to 30 years. The bill also provides an exemption for TID Number 9 from certain general tax incremental financing regulations. Additionally, it grants the village of DeForest a one-time exception from a 12% limit on the total value of taxable property that can be included in TIF districts, specifically for an amendment to TID Number 9's project plan.