WI AB658 | 2023-2024 | Regular Session

Status

Completed Legislative Action
Spectrum: Moderate Partisan Bill (Republican 17-2)
Status: Failed on April 15 2024 - 100% progression
Action: 2024-04-15 - Failed to pass pursuant to Senate Joint Resolution 1
Text: Latest bill text (Introduced) [PDF]

Summary

An Act to repeal 565.32 (3) (a) 2. c.; to renumber and amend 71.05 (6) (b) 25.; to amend 71.05 (25m) (c), 71.26 (3) (vm) 2., 71.34 (1k) (p) 2., 71.45 (2) (a) 21. b., 71.64 (6) (b), 71.775 (3) (a) 2. and 565.30 (3) (a) 1.; and to create 71.05 (6) (b) 25. a. and b., 77.54 (71) and 565.30 (3) (a) 3. of the statutes; Relating to: a sales tax exemption for road-building equipment; increasing the income tax withholding threshold for nonresidents; modifying the certification requirement for a qualified opportunity fund; prohibiting certain lottery games; and extending the capital gains exclusion to family members who inherit certain farms organized as a partnership or limited liability company. (FE)

Tracking Information

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Title

A sales tax exemption for road-building equipment; increasing the income tax withholding threshold for nonresidents; modifying the certification requirement for a qualified opportunity fund; prohibiting certain lottery games; and extending the capital gains exclusion to family members who inherit certain farms organized as a partnership or limited liability company. (FE)

Sponsors


History

DateChamberAction
2024-04-15HouseFailed to pass pursuant to Senate Joint Resolution 1
2024-02-22HouseLaid on the table
2024-02-20HouseMade a special order of business at 10:26 AM on 2-22-2024 pursuant to Assembly Resolution 28
2024-02-15HouseRepresentative Jacobson withdrawn as a coauthor
2024-02-13HousePlaced on calendar 2-15-2024 by Committee on Rules
2024-02-08HouseReport of Joint Survey Committee on Tax Exemptions received, Ayes 8, Noes 0
2024-02-08HouseExecutive action taken by joint survey committee on Tax Exemptions
2024-02-08HouseReferred to committee on Rules
2024-02-08HouseReport passage as amended recommended by Joint Committee on Finance, Ayes 15, Noes 0
2024-02-08HouseReport Assembly Amendment 1 adoption recommended by Joint Committee on Finance, Ayes 15, Noes 0
2024-02-07HouseExecutive action taken
2024-02-07HouseAssembly Amendment 1 offered by Representative Katsma
2024-02-06HouseWithdrawn from committee on Rules and referred to joint committee on Finance pursuant to Assembly Rule 42 (3)(c)
2024-01-18HouseReferred to committee on Rules
2024-01-18HouseReport passage recommended by Committee on Ways and Means, Ayes 11, Noes 0
2024-01-11HouseExecutive action taken
2024-01-11HouseReferred to joint survey committee on Tax Exemptions pursuant to s. 13.52 Wisconsin Statutes
2024-01-04HousePublic hearing held
2023-11-22HouseFiscal estimate received
2023-11-09HouseRead first time and referred to Committee on Ways and Means
2023-11-09HouseIntroduced

Wisconsin State Sources


Bill Comments

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