WisconsinSB7482025-2026 Wisconsin Legislature (Biennial Session)SenateWALLET

An Act to amend 77.52 (13) and 77.53 (10) of the statutes; Relating to: sales tax exemption certificates for the sale of precious metal bullion. (FE)

Sponsored By: Rachael Cabral-Guevara (Republican), Steve Nass (Republican), Mark Spreitzer (Democratic)

Became Law

Sen Bill 748Personal propertyRevenueDepartment ofSales tax -- Exemption

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

Less paperwork for bullion dealers

The law removes the need for sellers to collect exemption or resale certificates on sales that are tax‑exempt as precious metal bullion under state law (s. 77.54(74)). It applies to both sales tax and use tax on items delivered to Wisconsin. Sellers no longer need a paper or electronic certificate from the buyer for these exempt sales. Dealers must still make sure the sale qualifies as exempt. This change reduces paperwork and speeds up checkout for customers.

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Sponsors & Cosponsors

Sponsors

  • Rachael Cabral-Guevara

    Republican • Senate

  • Steve Nass

    Republican • Senate

  • Mark Spreitzer

    Democratic • Senate

Cosponsors

  • David Armstrong

    Republican • House

  • Elijah Behnke

    Republican • House

  • Jenna Jacobson

    Democratic • House

  • Daniel Knodl

    Republican • House

  • Scott Krug

    Republican • House

  • David Murphy

    Republican • House

  • Jerry O'Connor

    Republican • House

  • Sylvia Ortiz-Velez

    Democratic • House

  • William Penterman

    Republican • House

  • Melissa Ratcliff

    Democratic • Senate

  • Shae Sortwell

    Republican • House

Roll Call Votes

All Roll Calls

Yes: 29 • No: 4

Senate vote 2/11/2026

Read a third time and passed, Ayes 29, Noes 4

Yes: 29 • No: 4

Actions Timeline

  1. Published 3-28-2026

    3/27/2026Senate
  2. Report approved by the Governor on 3-27-2026. 2025 Wisconsin Act 124

    3/27/2026Senate
  3. Presented to the Governor on 3-26-2026

    3/26/2026Senate
  4. Report correctly enrolled

    2/26/2026Senate
  5. Received from Assembly concurred in

    2/18/2026Senate
  6. Ordered immediately messaged

    2/17/2026House
  7. Read a third time and concurred in

    2/17/2026House
  8. Rules suspended

    2/17/2026House
  9. Ordered to a third reading

    2/17/2026House
  10. Read a second time

    2/17/2026House
  11. Rules suspended to withdraw from Senate message and take up

    2/17/2026House
  12. Read

    2/17/2026House
  13. Received from Senate

    2/12/2026House
  14. Ordered immediately messaged

    2/11/2026Senate
  15. Read a third time and passed, Ayes 29, Noes 4

    2/11/2026Senate
  16. Rules suspended to give bill its third reading

    2/11/2026Senate
  17. Ordered to a third reading

    2/11/2026Senate
  18. Withdrawn from joint committee on Finance and taken up

    2/11/2026Senate
  19. Referred to joint committee on Finance

    2/11/2026Senate
  20. Read a second time

    2/11/2026Senate
  21. Senator Ratcliff added as a coauthor

    2/11/2026Senate
  22. Placed on calendar 2-11-2026 pursuant to Senate Rule 18(1)

    2/9/2026Senate
  23. Available for scheduling

    2/3/2026Senate
  24. Report passage recommended by Committee on Agriculture and Revenue, Ayes 8, Noes 0

    2/3/2026Senate
  25. Executive action taken

    2/3/2026Senate

Bill Text

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