67.035 Tax limitations not applicable to debt levies. All taxes levied or to be levied by any municipality proceeding under this chapter for the purpose of paying principal and interest on valid bonds or notes, other than noncapital notes, as defined in s. 38.16 (3) (a) 2r., now or hereafter outstanding shall be without limitation notwithstanding any legislative limitation now or heretofore existing, and all such limitations are repealed insofar as they apply to taxes levied or to be levied to pay principal and interest upon such bonds or notes.
History: 1975 c. 80; 1977 c. 29; 1983 a. 27; 1993 a. 16; 2013 a. 20.
Structure Wisconsin Statutes & Annotations
Wisconsin Statutes & Annotations
Chapter 67 - Municipal borrowing and municipal bonds.
67.01 - Definitions and interpretations.
67.015 - Housing authorities exempted.
67.025 - Certification of municipal obligations.
67.03 - Grant of power to borrow; general limitations of indebtedness.
67.035 - Tax limitations not applicable to debt levies.
67.04 - Purposes of issuing municipal bonds and notes.
67.045 - Debt issuance conditions.
67.05 - Bond issues; procedure.
67.06 - Form and contents of bonds.
67.07 - Maturity and place of payment.
67.08 - Execution and negotiation.
67.09 - Registration of municipal obligations.
67.10 - Fiscal and administrative regulations.
67.101 - Debt amortization in 1st class cities.
67.12 - Temporary borrowing and borrowing on promissory notes.
67.15 - Variable rate obligations.
67.16 - General obligation-local improvement bonds.
67.17 - Diversion of funds, liability of officers for.
67.22 - Issuance stayed by protest.
67.24 - Validation of obligations of incorporated municipality.