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Gov. Walker proposes $100 million property tax cut

MADISON, WI (WTAQ) - Governor Scott Walker says he'll ask legislators next week to provide $100-million in local property tax relief, by funneling the money to public schools. 

At a news conference Thursday, Walker and GOP legislative leaders said the money would come from higher-than-expected tax collections. 

It would cut local property taxes on the average home by $13-dollars on the bills mailed out in December. 

The typical tax would go up the following year, but by $20 less than originally expected. 

Details won't come out until Friday, when the bill is formally introduced. 

From there, it would be an extremely fast track. 

The Joint Finance Committee plans a public hearing next Tuesday.  The Assembly is due to vote on the package next Thursday.  The Senate could approve it that day, or wait until the following week. 

Republican Senate President Mike Ellis said he doesn't know anybody who could oppose such a large tax cut. 

Democrats, however, said they were never in the loop on this.  

Whitefish Bay Representative Sandy Pasch said the Republican Walker was silent on the subject when he met Wednesday with Democratic leaders of both houses.  

Walker's announcement comes three days after former Trek Bicycle executive Mary Burke announced plans to run against Walker as a Democrat next year. 

The special session will have two other bills. 

One approves a tax incremental financing district for Kenosha's proposed Amazon-Dot-Com distribution center.  The one creates a new tax credit for historic buildings.