All Roll Calls
Yes: 128 • No: 2
WisconsinAB3752025-2026 Wisconsin Legislature (Biennial Session)HouseWALLET
An Act to repeal 71.07 (9m) (a) 1m., 71.28 (6) (a) 1m. and 71.47 (6) (a) 1m.; to amend 71.07 (9m) (a) 2m., 71.07 (9m) (a) 3., 71.07 (9m) (c) (intro.), 71.07 (9m) (c) 1., 71.07 (9m) (cm), 71.07 (9m) (cn) (intro.), 71.07 (9m) (g) 1., 71.07 (9m) (h), 71.28 (6) (a) 2m., 71.28 (6) (a) 3., 71.28 (6) (c) (intro.), 71.28 (6) (c) 1., 71.28 (6) (cm), 71.28 (6) (cn) (intro.), 71.28 (6) (g) 1., 71.28 (6) (h), 71.47 (6) (a) 2m., 71.47 (6) (a) 3., 71.47 (6) (c) (intro.), 71.47 (6) (c) 1., 71.47 (6) (cm), 71.47 (6) (cn) (intro.), 71.47 (6) (g) 1., 71.47 (6) (h) and 238.17 (2); to create 71.07 (9m) (a) 4., 71.07 (9m) (ck), 71.28 (6) (a) 4., 71.28 (6) (ck), 71.47 (6) (a) 4. and 71.47 (6) (ck) of the statutes; Relating to: modifications to the historic rehabilitation tax credit. (FE)
Sponsored By: David Armstrong (Republican), Alex Joers (Democratic), Rob Kreibich (Republican), Clint Moses (Republican), Jeffrey Mursau (Republican), Sylvia Ortiz-Velez (Democratic), Paul Tittl (Republican), Travis Tranel (Republican), Randy Udell (Democratic)
Signed by Governor
BuildingCorporation -- TaxationEconomic Development CorporationWisconsinIncome tax -- CreditSunset
Personalized for You
How does this bill affect your finances?
Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.
Bill Overview
Analyzed Economic Effects
4 provisions identified: 1 benefits, 1 costs, 2 mixed.
Rehabilitation credit holders can sell credits
Eligible rehabilitation credit holders, including qualifying nonprofits, can sell or transfer all or part of their credits. Recipients must be subject to Wisconsin income, corporate, or franchise taxes. Sellers must notify the Wisconsin Department of Revenue and submit transfer papers; the department certifies ownership after each transfer. Buyers can use credits in the transfer year and later years, within the original holder's remaining claim or carryforward period.
New rehabilitation credits with tighter building rules
For tax years beginning after December 31, 2025, qualifying Wisconsin building projects get a 20% rehabilitation tax credit. Buildings must enter service after December 31, 2025; earlier credit categories cover tax years beginning from 2014 through 2025. Qualified costs must reach $50,000 within a selected 24-month period ending in the year the building enters service. The credit is nonrefundable: it offsets Wisconsin taxes due rather than paying a cash refund. Wisconsin drops the federal requirement that rehabilitation costs exceed the property's adjusted tax basis. The new category excludes buildings listed as contributing buildings on state or national historic registers. It also excludes nonhistoric, nonresidential buildings converted to housing if they were previously used for housing. Without a federal credit claim, state historic preservation approval must come before construction starts. Claimants must attach their state credit certification to their tax return and provide required information to state agencies.
Rehabilitation projects face shared parcel credit cap
The Wisconsin Economic Development Corporation cannot certify more than $3.5 million in rehabilitation credits per parcel within any 15-year period. All projects on the same parcel share that limit. The cap applies to credits certified after July 1, 2018, with transition rules for certifications before the law's effective date. Earlier certifications can leave less credit available for later projects on that parcel.
Rehabilitation credit timing offers choices and limits
Eligible rehabilitation claimants can choose to claim credits on qualifying progress costs instead of waiting until completion. They must file an election form with the Wisconsin Department of Revenue and follow federal progress-cost rules. State claims must follow federal claim timing, even when the claimant does not claim the federal credit.
Sponsors & Cosponsors
Sponsors
David Armstrong
Republican • House
Alex Joers
Democratic • House
Rob Kreibich
Republican • House
Clint Moses
Republican • House
Jeffrey Mursau
Republican • House
Sylvia Ortiz-Velez
Democratic • House
Paul Tittl
Republican • House
Travis Tranel
Republican • House
Randy Udell
Democratic • House
Cosponsors
Clinton Anderson
Democratic • House
Kristin Dassler-Alfheim
Democratic • Senate
Dan Feyen
Republican • Senate
Jodi Habush Sinykin
Democratic • Senate
LaTonya Johnson
Democratic • Senate
Chris Larson
Democratic • Senate
Maureen McCarville
Democratic • House
Melissa Ratcliff
Democratic • Senate
Lee Snodgrass
Democratic • House
Mark Spreitzer
Democratic • Senate
Shelia Stubbs
Democratic • House
Roll Call Votes
Senate vote • 3/17/2026
Read a third time and concurred in, Ayes 31, Noes 2
Yes: 31 • No: 2
House vote • 11/19/2025
Read a third time and passed, Ayes 97, Noes 0
Yes: 97 • No: 0
Actions Timeline
Published 4-9-2026
4/9/2026HouseReport approved by the Governor on 4-8-2026. 2025 Wisconsin Act 238
4/9/2026HousePresented to the Governor on 4-2-2026
4/2/2026HouseReport correctly enrolled on 3-26-2026
3/26/2026HouseReceived from Senate concurred in
3/18/2026HouseOrdered immediately messaged
3/17/2026SenateRead a third time and concurred in, Ayes 31, Noes 2
3/17/2026SenateRules suspended to give bill its third reading
3/17/2026SenateOrdered to a third reading
3/17/2026SenateRead a second time
3/17/2026SenatePlaced on calendar 3-17-2026 pursuant to Senate Rule 18(1)
3/16/2026SenatePublic hearing requirement waived by committee on Senate Organization, pursuant to Senate Rule 18 (1m), Ayes 3, Noes 2
3/16/2026SenateAvailable for scheduling
3/3/2026SenateReport concurrence recommended by Joint Committee on Finance, Ayes 16, Noes 0
3/3/2026SenateExecutive action taken
3/3/2026SenateWithdrawn from committee on Senate Organization and rereferred to joint committee on Finance pursuant to Senate Rule 46(2)(c)
2/27/2026SenateAvailable for scheduling
11/20/2025SenateRead first time and referred to committee on Senate Organization
11/20/2025SenateReceived from Assembly
11/20/2025SenateOrdered immediately messaged
11/19/2025HouseRead a third time and passed, Ayes 97, Noes 0
11/19/2025HouseRules suspended
11/19/2025HouseOrdered to a third reading
11/19/2025HouseAssembly Substitute Amendment 1 adopted
11/19/2025HouseRead a second time
11/19/2025House
Bill Text
Assembly Substitute Amendment 1
11/19/2025
Bill Text
Related Bills
AB913, An Act to create 71.05 (6) (b) 57. of the statutes; Relating to: subtraction for certain income of members of the National Guard and Reserves. (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)
SB45, An Act; Relating to: state finances and appropriations, constituting the executive budget act of the 2025 legislature. (FE)
AB1034, An Act to amend 20.285 (1) (gj); to create 20.285 (1) (cj), 20.285 (1) (ck), 20.285 (1) (cL) and 36.11 (12) of the statutes; Relating to: name, image, and likeness rights for University of Wisconsin System student athletes; maintenance costs for University of Wisconsin–Madison intercollegiate athletic facilities; and making an appropriation. (FE)
AB650, An Act to amend 20.445 (1) (aL) of the statutes; Relating to: funding for identity verification under the unemployment insurance law and making an appropriation. (FE)
AB968, An Act to create 217.12 of the statutes; Relating to: virtual currency kiosks.