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WI AB543

Bill

Status

Enrolled

1/23/2026

Primary Sponsor

David Steffen

Click for details

Origin

State Assembly

2025-2026 Regular Session

AI Summary

  • Amends Wisconsin statute 77.54(72) to modify the sales tax exemption for memberships sold to real estate brokers licensed under Chapter 452

  • Changes the exemption criteria from brokers who offer to compensate "and" cooperate with other brokers to those who offer to compensate "or" cooperate with, or both

  • Removes the requirement that brokers must obtain access to "compensation offers" from other brokers, now only requiring access to real estate listing information

  • Takes effect on the first day of the 3rd month after publication

Legislative Description

The sales tax exemption for memberships sold to real estate brokers. (FE)

Last Action

Report correctly enrolled on 1-23-2026

1/23/2026

Committee Referrals

Organization1/14/2026
Finance1/13/2026
Rules11/20/2025
Ways and Means10/15/2025

Full Bill Text

No bill text available