WI AB692

Counties may impose their existing 0.5% sales tax for property tax relief at flexible rates of 0.1%, 0.2%, 0.3%, 0.4%, or 0.5%, and may adopt an additional sales tax at those same rates for any purpose designated by the county board

Municipalities may impose a new local sales and use tax at rates of 0.1%, 0.2%, 0.3%, 0.4%, or 0.5% on tangible personal property and taxable services, with revenue usable for any purpose designated by the governing body

Tax ordinances must take effect on January 1, April 1, July 1, or October 1, with certified copies delivered to the Department of Revenue at least 120 days before the effective date

The state retains 0.75% of collected local taxes to cover administration, enforcement, and collection costs, with remaining revenues distributed to the enacting jurisdiction within 75 days after each quarter

Municipal sales tax revenues are excluded from calculations determining eligibility for state expenditure restraint incentive program payments, effective July 1, 2026