Are projects under the tax increment finance law (i.e., TIFs) included under the new law?
It depends on the project. If the developer, investor, or owner of a construction project in a TIF receives at least $1,000,000 of direct financial assistance from a local governmental unit and the project does not fall under any of the residential exclusions, then the project is subject to the new publicly funded private construction project law (§66.0904, Stats.). If the developer, investor or owner of a construction project in a TIF receives less than $1,000,000 of direct financial assistance or no assistance at all, but constructs a road, street, bridge, sanitary sewer, or water main project that will be dedicated to a local governmental unit for its ownership or maintenance and the project has a total estimated project cost of at least $25,000, the project is subject to the local governmental unit prevailing wage law (§66.0903, Stats.).
