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WI AB82

Bill

Status

Introduced

2/28/2025

Primary Sponsor

Benjamin Franklin

Click for details

Origin

State Assembly

2025-2026 Regular Session

AI Summary

  • Adds grandparent-to-grandchild and grandchild-to-grandparent real estate transfers to the list of family conveyances exempt from Wisconsin's real estate transfer fee

  • Exemption requires the transfer be made for nominal or no consideration (not a fair market value sale)

  • Current law already exempts transfers between parents and children, stepparents and stepchildren, and parents and in-laws under the same nominal consideration requirement

  • Real estate transfer fee is 30 cents per $100 of property value, paid to the county register of deeds

  • Applies to conveyances filed on or after the effective date of the act

Legislative Description

Exempting certain conveyances between grandparents and grandchildren from the real estate transfer fee. (FE)

Last Action

Laid on the table

10/7/2025

Committee Referrals

Rules5/19/2025
Housing and Real Estate2/28/2025

Full Bill Text

No bill text available