The excess funds come after Brown County’s half-percent sales tax for the 2003 renovation and maintenance of Lambeau Field reached its goal at the end of March. Estimates show $17.6 million will be collected from April 1 through the end of the sales tax on September 30.
The bill would set aside one-quarter of the money for redeveloping the aging Brown County Arena, worth about $4.4 million. The other $13.2 million would be distributed to the county’s municipalities based on population, to be used for property tax relief, debt reduction or economic development.
If no action is taken, the excess money could sit in a state account for 16 more years.
State Representative David Steffen (R-Howard) is the main sponsor of the Assembly bill, while State Senator Rob Cowles (R-Allouez) is the main sponsor in that chamber.
“Passage of this bill represents the completion of the agreement made between the state and the taxpayers of Brown County back in 2000,” Cowles said in a statement. “I’m pleased to have worked with Representative Steffen and the stakeholders to return this money in a fair manner to the hard-working taxpayers in communities within Brown County.”
The bill now heads to the Assembly, in session next week.