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WI AB712
Bill
Status
12/3/2025
Primary Sponsor
Tony Kurtz
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AI Summary
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Modifies the existing sales and use tax exemption for 5 or fewer auctions of personal farm property or household goods to apply to "auction events" rather than individual auctions
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Defines an "auction event" as the total number of consecutive days property at a location is available for bidding
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For Internet auctions where bids may be submitted online, an auction event is the consecutive days winning bids are selected, regardless of whether property is at multiple locations
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Clarifies that "auctioneer" means a person or auction company licensed to conduct auctions under Wisconsin law
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Takes effect on the first day of the 3rd month after publication
Legislative Description
The sales and use tax exemption for personal farm property or household goods sold by auction on the Internet. (FE)
Last Action
Withdrawn from committee on Rules and referred to joint committee on Finance pursuant to Assembly Rule 24 (3)(a)
1/30/2026