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Tag Archives: interest

Walker signs bill cutting interest rates on civil judgments

MADISON, Wis. (AP) – Gov. Scott Walker has signed into law a bill that reduces interest charged on court judgments. Walker signed the bill Wednesday. The bill reduces current interest rates charged on civil judgments. Currently, people ordered to pay court judgments face 12 percent annual interest. The bill changes that to make it the prime rate, plus 1 percent, ...

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City ordered to repay tax interest

The city of Milwaukee will have to refund an oil company more than $530,000 in tax interest, according to an appellate court decision that found that the company was taxed differently than similar businesses.

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