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WI AB505
Bill
Status
10/9/2025
Primary Sponsor
Joel Kitchens
Click for details
AI Summary
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Creates a veterinary loan repayment grant program administered by the Higher Educational Aids Board (HEAB) for veterinarians working full-time in rural Wisconsin counties
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Eligible applicants must have at least $25,000 in educational debt from pursuing a Doctor of Veterinary Medicine degree and be either in their final year of vet school or have graduated within the past 7 years
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Grants are capped at $25,000 per year of qualifying employment, with a maximum total award of $100,000, and recipients must provide at least 25% of their veterinary care to farm animals
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Grant amounts received under the program are exempt from state income tax for taxable years beginning after December 31, 2024
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Program first applies to individuals graduating from veterinary school in 2025
Legislative Description
Creating a veterinary loan repayment grant program administered by the Higher Educational Aids Board and exempting from taxation amounts received from such a grant program.
Last Action
Representative Brown added as a coauthor
3/6/2026