(1) DEFINITIONS. In this section: (a) “Department” means the department of administration. (b) “State housing strategy plan” means the plan developed under s. 16.302. (2) ANALYSIS OF BILLS AFFECTING HOUSING. (a) If any bill that is introduced in either house of the legislature may increase or decrease, either directly or indirectly, the cost of the development, construction, financing, purchasing, sale, ownership, or availability of housing in this state, the department shall prepare a housing impact analysis for the bill within 30 days after it is introduced. The department may request any information from other state agencies, local governments, or individuals, or organizations that is reasonably necessary for the department to prepare the analysis. (b) A bill that requires a housing impact analysis under this section shall have that requirement noted on its jacket when the jacket is prepared. When a bill that requires a housing impact analysis under this section is introduced, the legislative reference bureau shall submit a copy of the bill to the department. (c) A housing impact analysis prepared under this section shall be printed as an appendix to that applicable bill and shall be distributed in the same manner as amendments. (3) FINDINGS OF THE DEPARTMENT TO BE CONTAINED IN HOUSING IMPACT ANALYSIS. (a) A housing impact analysis shall contain information about the effect of the bill on housing in this state, including information on the effect of the bill on all of the following: 1. The policies, strategies and recommendations of the state housing strategy plan. 2. The cost of developing, constructing, rehabilitating, improving, maintaining, or owning single-family or multifamily dwellings. 3. The purchase price of new homes or the fair market value of existing homes. 4. The cost and availability of financing to purchase or develop housing. 5. Housing costs, as defined in s. 16.301 (3) (a) and (b). 6. The density, location, setback, size, or height of development on a lot, parcel, land division, or subdivision. (b) A housing impact analysis shall analyze the relative impact of the effects of the bill on low- and moderate-income households. (c) 1. Except as provided in subd. 2., a housing impact analysis shall provide reasonable estimates of the information under pars. (a) and (b) expressed as dollar figures and shall include descriptions of the immediate effect and, if ascertainable, the longterm effect. The department shall include a brief summary or worksheet of computations used in determining any such dollar figures. 2. If, after careful consideration, the department determines that it is not possible to make an estimate expressed as dollar figures as provided in subd. 1., the analysis shall instead contain a statement to that effect setting forth the reasons for that determination. (d) Except as otherwise specified in par. (a), a housing impact analysis shall be prepared on the basis of a median-priced singlefamily residence but may include estimates for larger developments as an analysis of the long-term effect of the bill. (4) RULE-MAKING AUTHORITY. The department may promulgate any rules necessary for the administration of this section.
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