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WI AB700

Bill

Status

Engrossed

1/20/2026

Primary Sponsor

Kevin Petersen

Click for details

Origin

State Assembly

2025-2026 Regular Session

AI Summary

  • Amends Wisconsin statute 20.835(2)(de) to change the long-term care insurance assessment credit appropriation from a scheduled amount to a "sum sufficient" appropriation

  • Authorizes open-ended funding to make refundable credit payments under multiple tax code sections (ss. 71.07, 71.28, 71.47, and 76.633)

  • Contingent legislation that only takes effect if 2025 Assembly Bill LRB-5462/1 (which creates the underlying long-term care insurance assessment credit) is enacted into law

  • Introduced November 26, 2025 by Representatives Petersen, Doyle, Gundrum, Kreibich, O'Connor, Piwowarczyk, and Subeck; referred to Committee on Insurance

Legislative Description

An appropriation for refundable long-term care insurance assessment credits and making an appropriation. (FE)

Last Action

Available for scheduling

2/3/2026

Committee Referrals

Finance1/29/2026
Insurance, Housing, Rural Issues and Forestry1/23/2026
Rules1/14/2026
Insurance11/26/2025

Full Bill Text

No bill text available