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WI AB700
Bill
Status
1/20/2026
Primary Sponsor
Kevin Petersen
Click for details
AI Summary
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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
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Authorizes open-ended funding to make refundable credit payments under multiple tax code sections (ss. 71.07, 71.28, 71.47, and 76.633)
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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
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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