All Roll Calls
Yes: 132 • No: 0
Sponsored By: Rachael Cabral-Guevara (Republican), Howard Marklein (Republican), Steve Nass (Republican)
Became Law
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26 provisions identified: 5 benefits, 10 costs, 11 mixed.
If you sell qualifying farm assets held more than one year, you can subtract 60% of the net capital gain from Wisconsin income. Assets include livestock, farm equipment, and farm real estate. Amounts treated as ordinary income for federal taxes do not qualify.
For tax years before 2015, research credit amounts and limits are set. Most in‑state research gets 5%. Some in‑state work in listed fields gets 10% for years that began after 2007‑06‑30 and before 2015‑01‑01. Certain 2013–2014 claims also allow a 10% credit on qualified in‑state costs over a base amount.
A company in a combined group may use its unused credits to reduce other group members’ tax tied to the unitary business. The law clarifies which corporate credits count in the company’s total. Post‑acquisition carryover rules now apply to listed Wisconsin credits and losses.
The law removes many specific subtractions and credits from s.71.05. Filers who used these items can no longer claim them. Your Wisconsin tax may be higher if you relied on a repealed item.
For tax years after 2008‑12‑31, you can subtract up to $6,000 of tuition per student per year. Any eligible tuition above $6,000 does not reduce your Wisconsin income.
The law removes certain employment-related subtraction amounts. Nonresidents and part-year residents must now prorate any remaining subtraction. Use this formula: allowable amount × (Wisconsin‑taxable wages ÷ total wages). People who used the repealed amounts lose that tax break.
The law removes many corporate tax credits from statute. Businesses that relied on those credits can no longer claim them and may owe more Wisconsin income or franchise tax.
You can deduct up to $3,000 per beneficiary each year for Wisconsin college savings. If you are married filing separately, your limit is $1,500. These limits rise each year with inflation after 2013, and extra amounts can carry forward. You cannot also claim the state tuition subtraction on amounts paid from a Wisconsin college savings or tuition program when a related state deduction was already claimed. This stops getting two state tax breaks for the same tuition payment.
The list of credits and estimated payments that add together in a statutory “total” is updated. It now explicitly includes farmland preservation, jobs, enterprise zone jobs, business development, certain research, film production services credits, and estimated tax payments. This can change how your credits and payments net on the return when this rule applies.
The law repeals many business tax credits and related sections of the code. It ends listed business development credit programs on January 1, 2030. Starting January 1, 2029, it changes which credits count as business “tax benefits” under development rules. Some credits can now be sold or transferred, but sellers must notify the Department of Revenue and buyers can only use them in allowed years. To claim certain credits, you must attach a certification from the Wisconsin Economic Development Corporation. If the department changes your credit, you can appeal within 60 days without a filing fee. The law also adjusts which credits pass through to S‑corporation shareholders.
Health care providers can claim a credit equal to up to 50% of 2012–2013 spending on electronic medical records IT, limited to tax owed. Fuel retailers can claim 25% for installing or retrofitting in‑state pumps for listed renewable blends for 2008–2013 tax years, limited to tax owed.
The law removes several parts of the state property tax and rent credit rules. Households that used these sections may lose part of their credit. The exact amount depends on which repealed rules you used.
For credit purposes, the law treats a household’s property tax or rent‑as‑tax as $1,460 per year. If you paid more, the credit calculation still uses $1,460. High‑tax households may see a smaller credit.
The Department of Revenue can reduce certain credits at the entity level, and owners cannot claim some related adjustments. Pass‑through entities must make four estimated withholding payments, due on the 15th of set months. A special exception to these installments is repealed. If an entity does not pass through listed credits, owners must add them back to income.
Wisconsin adjusted gross income now starts with federal AGI and then applies the state changes listed in law. The law removes several older definitions and nonresident rules. It also clarifies how certain income, like lottery, casino, pari‑mutuel winnings, and noncompete payments, is sourced to Wisconsin. Estates and trusts now use updated cross‑references for rate calculations.
The law repeals several insurer tax credits. It also changes how Wisconsin compares total taxes and credits with other states for insurers licensed elsewhere. These changes can raise or lower an insurer’s state tax depending on its situation.
For tax years starting after 2007-12-31, Wisconsin uses a sales-only formula to tax multi‑state business income. Older apportionment rules are repealed. Corporations and nonresident owners that sell more into Wisconsin may owe more, and those that produce here but sell out of state may owe less.
Qualified airline employees can exclude certain bankruptcy‑related rollovers to IRAs from Wisconsin income for years after 2011‑12‑31. They may file a refund claim within the normal period or by 180 days after 2018‑04‑05. Federal amended‑return extensions do not extend the state deadline.
Starting 2031‑01‑01, pari‑mutuel payouts over $1,000 have state income tax withheld at the highest individual rate. Buyers of assigned lottery prizes must also withhold at that rate. Winners and prize sellers receive the net amount after withholding.
Many tax return donation checkoffs are repealed. For years after 2011, no more than 10 checkoffs may appear on the form, and only those meeting ranking and $50,000‑per‑year averages after 2014 remain. The law also specifies which checkoffs’ money and admin costs flow to a named account.
The law repeals specific appropriation lines in state statutes. Programs funded only by those lines lose that statutory authorization unless funded elsewhere.
Money from football donations and engraved brick or tile sales now goes into a fund for stadium operations and maintenance. The fund can only pay for maintaining and running the stadium facilities.
The law removes several tax appeal and administrative sections, and it repeals one other statute section. These are process changes for agencies and taxpayers who use those procedures.
The law removes several tax code sections and one paragraph in s.71.93. It also repeals two provisions that had allowed partial denial of certain credits to avoid exceeding limits, and deletes two small sales‑tax sections. These changes affect how the department processes some credits and collections.
For tax years that began before 1990, the state uses the federal code that applied in that year, with listed federal law adjustments. This governs old assessments and refunds only.
Starting 2031‑01‑01, the state updates payroll withholding tables only for changes in the listed rate sections and dollar amounts. Employers may see different timing or scope of table updates.
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Rachael Cabral-Guevara
Republican • Senate
Howard Marklein
Republican • Senate
Steve Nass
Republican • Senate
Lindee Brill
Republican • House
Robert Brooks
Republican • House
Barbara Dittrich
Republican • House
Rick Gundrum
Republican • House
Daniel Knodl
Republican • House
Rob Kreibich
Republican • House
Paul Melotik
Republican • House
David Murphy
Republican • House
Adam Neylon
Republican • House
Jerry O'Connor
Republican • House
William Penterman
Republican • House
Jim Piwowarczyk
Republican • House
Chuck Wichgers
Republican • House
Robert Wittke
Republican • House
All Roll Calls
Yes: 132 • No: 0
House vote • 1/13/2026
Read a third time and concurred in, Ayes 99, Noes 0
Yes: 99 • No: 0
Senate vote • 11/18/2025
Read a third time and passed, Ayes 33, Noes 0
Yes: 33 • No: 0
Published 3-28-2026
Report approved by the Governor on 3-27-2026. 2025 Wisconsin Act 118
Presented to the Governor on 3-26-2026
Report correctly enrolled
LRB correction
LRB correction (Senate Amendment 1)
Received from Assembly concurred in
Ordered immediately messaged
Read a third time and concurred in, Ayes 99, Noes 0
Rules suspended
Ordered to a third reading
Read a second time
Rules suspended to withdraw from calendar and take up
Placed on calendar 1-13-2026 by Committee on Rules
Read first time and referred to committee on Rules
Received from Senate
Ordered immediately messaged
Read a third time and passed, Ayes 33, Noes 0
Rules suspended to give bill its third reading
Ordered to a third reading
Withdrawn from joint committee on Finance and taken up
Referred to joint committee on Finance
Senate Amendment 1 adopted
Read a second time
Placed on calendar 11-18-2025 pursuant to Senate Rule 18(1)
Senate Amendment 1
11/6/2025
Bill Text
SB480 — An Act to amend 66.1105 (4) (gm) 4. c.; to create 66.1105 (21) of the statutes; Relating to: residential tax incremental districts. (FE)
SB482 — An Act to repeal 71.28 (5b) (d) 1. and 71.47 (5b) (d) 1.; to renumber and amend 71.07 (4n) (d) and 71.28 (5) (b); to amend 71.07 (2dm) (h), 71.07 (2dx) (e) 1., 71.07 (2dy) (d) 1., 71.07 (3g) (c), 71.07 (3h) (d) 1., 71.07 (3n) (f), 71.07 (4k) (e) 2. b., 71.07 (5b) (d) 1., 71.07 (5d) (d) 2., 71.07 (5g) (d) 1., 71.07 (5i) (d), 71.07 (5j) (d) 1., 71.07 (5k) (d), 71.07 (5n) (d) 1., 71.07 (5r) (d) 1., 71.07 (5rm) (d) 1., 71.07 (6n) (d) 1., 71.07 (8b) (e), 71.07 (9m) (e), 71.07 (9r) (g), 71.07 (10) (d), 71.28 (1dm) (h), 71.28 (1dx) (e) 1., 71.28 (1dy) (d) 1., 71.28 (3g) (c), 71.28 (3h) (d) 1., 71.28 (3n) (f), 71.28 (4) (f), 71.28 (4) (k) 2., 71.28 (5g) (d) 1., 71.28 (5i) (d), 71.28 (5j) (d) 1., 71.28 (5k) (d), 71.28 (5n) (d) 1., 71.28 (5r) (d) 1., 71.28 (5rm) (d) 1., 71.28 (6) (e), 71.28 (6n) (d) 1., 71.28 (8b) (e), 71.28 (10) (d), 71.47 (1dm) (h), 71.47 (1dx) (e) 1., 71.47 (1dy) (d) 1., 71.47 (3g) (c), 71.47 (3h) (d) 1., 71.47 (3n) (f), 71.47 (4) (f), 71.47 (4) (k) 2., 71.47 (5g) (d) 1., 71.47 (5i) (d), 71.47 (5j) (d) 1., 71.47 (5k) (d), 71.47 (5r) (d) 1., 71.47 (5rm) (d) 1., 71.47 (6) (e), 71.47 (6n) (d) 1., 71.47 (8b) (e) and 71.47 (10) (d); to create 71.07 (4n) (d) 2., 71.28 (5) (b) 2., 71.28 (5b) (e), 71.28 (5b) (f), 71.28 (5b) (g), 71.28 (5b) (h), 71.47 (5b) (e), 71.47 (5b) (f), 71.47 (5b) (g) and 71.47 (5b) (h) of the statutes; Relating to: increasing the carryover period of the research income tax credit. (FE)
SB531 — An Act to create 632.11 of the statutes; Relating to: postloss assignment of rights or benefits under property insurance policies to residential contractors and providing a penalty. (FE)
SB96 — An Act to renumber 77.997 (1); to amend 77.54 (71) (a), 77.54 (71) (b), 77.9972 (1) (b) and 77.9973 (2); to create 77.997 (1m) of the statutes; Relating to: exempting certain electric vehicle charging stations located at a residence from the electric vehicle charging tax. (FE)
AB80 — An Act to renumber 457.25 (1); to amend 46.90 (4) (ab) 4., 48.56 (2), 48.561 (2), 49.45 (30j) (a) 1., 51.03 (6) (a), 55.043 (1m) (a) 4., 146.81 (1) (hg), 146.89 (1) (r) 6., 146.89 (1) (r) 7., 146.997 (1) (d) 11., 252.14 (1) (ar) 7., 252.15 (1) (er), 253.10 (2) (f), 303.08 (1) (f), 440.03 (13) (b) (intro.), 440.15, 446.01 (1v) (m), 450.10 (3) (a) 10., 457.01 (1c), 457.01 (1r), 457.01 (10), 457.02 (5) and (5m), 457.03 (2), 457.033, 457.035 (2), 457.04 (1), 457.04 (2), 457.04 (4), 457.04 (7), 457.09 (4) (b) 1., 457.09 (4) (b) 2., 457.24 (1), 457.26 (2) (intro.) and 905.04 (1) (g); to repeal and recreate 632.89 (1) (dm); to create 14.898, 440.03 (11m) (c) 2v., 440.03 (13) (c) 1. id., 457.01 (5g), 457.01 (5j), 457.01 (12), 457.08 (4m), 457.25 (1g) and subchapter III of chapter 457 [precedes 457.70] of the statutes; Relating to: ratification of the Social Work Licensure Compact. (FE)
SB921 — An Act to amend 118.33 (1) (a) 1. f. of the statutes; Relating to: personal financial literacy high school graduation requirement.
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