All Roll Calls
Yes: 121 • No: 5
WisconsinAB8842025-2026 Wisconsin Legislature (Biennial Session)HouseWALLET
An Act to renumber and amend 71.05 (6) (b) 54mn.; to amend 16.705 (1s), 41.152 (1), 71.05 (6) (b) 54. (intro.), 71.05 (6) (b) 54m. a., 71.05 (6) (b) 54m. b., 71.05 (6) (b) 54m. c., 71.05 (6) (b) 54m. d., 71.07 (5f) (a) 4., 71.07 (5f) (c) 2., 71.07 (5f) (d) 3., 71.07 (5h) (d) 2., 71.28 (5f) (a) 4., 71.28 (5f) (c) 2., 71.28 (5f) (d) 3., 71.28 (5h) (d) 2., 71.47 (5f) (a) 4., 71.47 (5f) (c) 2., 71.47 (5f) (d) 3., 71.47 (5h) (d) 2. and 71.83 (1) (a) 6. of the statutes; Relating to: who may purchase certain contractual services and technical changes to tax provisions related to qualified retirement plans and the film production services credit.
Sponsored By: Mike Bare (Democratic), Dean Kaufert (Republican)
Became Law
AdministrationDepartment of -- Agency and general functionsAmusementFranchise -- TaxationIncome tax -- CreditPurchasingGovernmentRetirement -- Private plansRevenueDepartment of
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Bill Overview
Analyzed Economic Effects
3 provisions identified: 0 benefits, 1 costs, 2 mixed.
Retirement subtraction capped; no credits allowed
Beginning January 1, 2025, people age 67 or older can subtract up to $24,000 of retirement or IRA income each year. If you take this subtraction, you cannot claim any of the listed Wisconsin income tax credits for that same year. You also cannot use carryovers of those credits later. Nonresidents cannot claim the subtraction. Part‑year residents get a prorated amount based on Wisconsin‑taxable income.
New limits and transfers for film credits
Only in-state costs that directly make the production count for the film credit. That includes music made or published in Wisconsin, air travel bought from Wisconsin agencies, and insurance from Wisconsin insurers. Marketing and distribution costs do not count. Only the first $250,000 of each employee’s wages can be used. If total production spending is $1,000,000 or more, you must ignore the two highest‑paid employees’ wages. You may sell or transfer the credit, but you must notify the Department of Revenue and get certification. The buyer can first offset the seller’s tax in the transfer year, then use any carryforwards only in years the original claimant could.
Background checks for tax data contractors
Contractors and workers who need access to federal tax information on state contracts must pass a background check. The check can include fingerprinting. The Department of Justice sends fingerprints to the FBI. The Department of Revenue may act as the agent for the Department of Administration on these contracts.
Sponsors & Cosponsors
Sponsors
Mike Bare
Democratic • House
Dean Kaufert
Republican • House
Cosponsors
Brad Pfaff
Democratic • Senate
Jeff Smith
Democratic • Senate
Patrick Testin
Republican • Senate
Roll Call Votes
Senate vote • 3/17/2026
Read a third time and concurred in, Ayes 33, Noes 0
Yes: 33 • No: 0
House vote • 2/19/2026
Read a third time and passed, Ayes 88, Noes 5
Yes: 88 • No: 5
Actions Timeline
Published 4-3-2026
4/2/2026HouseReport approved by the Governor on 4-2-2026. 2025 Wisconsin Act 174
4/2/2026HousePresented to the Governor on 4-1-2026
4/1/2026HouseReport correctly enrolled on 3-26-2026
3/26/2026HouseLRB correction (Assembly Substitute Amendment 2)
3/26/2026HouseReceived from Senate concurred in
3/18/2026HouseOrdered immediately messaged
3/17/2026SenateSenator Smith added as a cosponsor
3/17/2026SenateRead a third time and concurred in, Ayes 33, Noes 0
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)
3/16/2026SenateAvailable for scheduling
3/11/2026SenateReport concurrence recommended by Joint Committee on Finance, Ayes 13, Noes 0
3/11/2026SenateExecutive action taken
3/11/2026SenateWithdrawn from committee on Senate Organization and rereferred to joint committee on Finance pursuant to Senate Rule 46(2)(c)
3/11/2026SenateAvailable for scheduling
3/11/2026SenateReport concurrence recommended by Committee on Agriculture and Revenue, Ayes 8, Noes 0
3/11/2026SenateExecutive action taken
3/11/2026SenatePublic hearing held
3/10/2026SenateRead first time and referred to committee on Agriculture and Revenue
2/25/2026SenateReceived from Assembly
2/23/2026SenateOrdered immediately messaged
2/19/2026HouseRead a third time and passed, Ayes 88, Noes 5
2/19/2026House
Bill Text
Assembly Substitute Amendment 2
2/19/2026
Bill Text
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