All Roll Calls
Yes: 123 • No: 6
WisconsinSB4822025-2026 Wisconsin Legislature (Biennial Session)SenateWALLET
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)
Sponsored By: Sponsor information unavailable
Signed by Governor
Sen Bill 482BusinessFranchise -- TaxationIncome tax -- CreditIndustrial development
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
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
Businesses get longer research tax credits
Businesses can carry qualifying unused Wisconsin research tax credits forward for 50 taxable years, up from 15. These credits reduce future Wisconsin income or franchise taxes. The extension also covers specified older credits, including 2023 carryovers, that remained unused, unrefunded, and unexpired on the law’s effective date.
Sponsors & Cosponsors
Sponsors
There is no primary sponsor on record.
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
House vote • 1/20/2026
Read a third time and concurred in, Ayes 90, Noes 6
Yes: 90 • No: 6
Senate vote • 11/18/2025
Read a third time and passed, Ayes 33, Noes 0
Yes: 33 • No: 0
Actions Timeline
Published 4-9-2026
4/9/2026SenateReport approved by the Governor on 4-8-2026. 2025 Wisconsin Act 220
4/9/2026SenatePresented to the Governor on 4-2-2026
4/2/2026SenateReport correctly enrolled
1/22/2026SenateReceived from Assembly concurred in
1/20/2026SenateOrdered immediately messaged
1/20/2026HouseRead a third time and concurred in, Ayes 90, Noes 6
1/20/2026HouseRules suspended
1/20/2026HouseOrdered to a third reading
1/20/2026HouseRead a second time
1/20/2026HouseRules suspended to withdraw from calendar and take up
1/20/2026HousePlaced on calendar 1-20-2026 by Committee on Rules
1/14/2026HouseRead first time and referred to committee on Rules
1/14/2026HouseReceived from Senate
11/19/2025HouseOrdered immediately messaged
11/18/2025SenateSenator Ratcliff added as a coauthor
11/18/2025SenateRead a third time and passed, Ayes 33, Noes 0
11/18/2025SenateRules suspended to give bill its third reading
11/18/2025SenateOrdered to a third reading
11/18/2025SenateWithdrawn from joint committee on Finance and taken up
11/18/2025SenateReferred to joint committee on Finance
11/18/2025SenateRead a second time
11/18/2025SenatePlaced on calendar 11-18-2025 pursuant to Senate Rule 18(1)
11/14/2025SenateAvailable for scheduling
11/6/2025SenateReport passage recommended by Committee on Agriculture and Revenue, Ayes 8, Noes 0
11/6/2025Senate
Bill Text
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)
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)