WisconsinAB9342025-2026 Wisconsin Legislature (Biennial Session)HouseWALLET

An Act to repeal 77.94 (2) and 565.01 (5); to renumber and amend 77.94 (1); to amend 66.1105 (2) (L), 71.10 (4) (i) and 71.30 (3) (f) of the statutes; Relating to: eliminating the definition of relative for purposes of the lottery; the definition of taxable property in a tax incremental district; the order of certain withholdings and deposits in income tax computations; and eliminating an adjustment made to the economic development surcharge for certain businesses (suggested as remedial legislation by the Department of Revenue).

Sponsored By: Law Revision Committee

Signed by Governor

BusinessIncome taxLotteryProperty taxRevenueDepartment ofStatutes -- Revision

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Bill Overview

Analyzed Economic Effects

3 provisions identified: 0 benefits, 1 costs, 2 mixed.

Corporations lose partial-year business surcharge adjustment

Corporations starting or stopping business in Wisconsin during a tax year no longer get a days-in-business surcharge adjustment. The economic development surcharge uses the general formula instead. It is 3% of a corporation’s gross tax liability, or 0.2% of a tax-option corporation’s net income. The law states the limit as “up to a maximum of $9,800, or $25, whichever is greater.” Ending the adjustment can raise the surcharge for affected corporations.

Local development districts change property counted

Wisconsin changes which property counts for tax increment financing in local development districts. The definition includes real property in the district but excludes personal property. The law does not state a direct change in household taxes or benefits.

Wisconsin reorders certain income tax payments

Wisconsin adds certain withholding and deposits toward the end of its income tax calculation order. These include withholding for nonresident owners of pass-through businesses and deposits by nonresident entertainers or entertainment corporations. The rules cover individual, trust, estate, and corporate income tax calculations. The law does not state a specific increase or decrease in tax owed.

Sponsors & Cosponsors

Sponsor

  • Law Revision Committee

    Affiliation unavailable

Cosponsors

  • Tim Carpenter

    Democratic • Senate

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. Published 3-28-2026

    3/27/2026House
  2. Report approved by the Governor on 3-27-2026. 2025 Wisconsin Act 137

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

    3/26/2026House
  4. Report correctly enrolled on 3-26-2026

    3/26/2026House
  5. Received from Senate concurred in

    3/18/2026House
  6. Ordered immediately messaged

    3/17/2026Senate
  7. Senator Carpenter added as a cosponsor

    3/17/2026Senate
  8. Read a third time and concurred in

    3/17/2026Senate
  9. Rules suspended to give bill its third reading

    3/17/2026Senate
  10. Ordered to a third reading

    3/17/2026Senate
  11. Read a second time

    3/17/2026Senate
  12. Placed on calendar 3-17-2026 pursuant to Senate Rule 18(1)

    3/16/2026Senate
  13. Public hearing requirement waived by committee on Senate Organization, pursuant to Senate Rule 18 (1m), Ayes 3, Noes 2

    3/16/2026Senate
  14. Available for scheduling

    2/11/2026Senate
  15. Read first time and referred to committee on Senate Organization

    2/11/2026Senate
  16. Received from Assembly

    2/10/2026Senate
  17. Ordered immediately messaged

    2/10/2026House
  18. Read a third time and passed

    2/10/2026House
  19. Rules suspended

    2/10/2026House
  20. Ordered to a third reading

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

    2/10/2026House
  22. Placed on calendar 2-10-2026 by Committee on Rules

    2/5/2026House
  23. Read first time and referred to Committee on Rules

    1/28/2026House
  24. Introduced by Law Revision Committee

    1/28/2026House

Bill Text

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