Loading chat...
WI AB934
Bill
Status
Engrossed
2/10/2026
Primary Sponsor
Law Revision Committee
Click for details
AI Summary
- Removes "relative" definition from state lottery statutes, as it has been replaced with "immediate family member" definition
- Redefines "taxable property" for tax incremental financing (TIF) districts to include only real property, excluding personal property
- Adds tax withholdings from nonresident pass-through entity members and deposits from nonresident entertainers to the income tax computation order for both individuals and corporations
- Eliminates the prorated economic development surcharge calculation for businesses that begin or cease operations in Wisconsin mid-year, simplifying to a single calculation method
- Introduced January 28, 2026 as remedial legislation requested by the Department of Revenue to make technical corrections to existing statutes
Legislative Description
Eliminating the definition of relative for purposes of the lottery; the definition of taxable property in a tax incremental district; the order of certain withholdings and deposits in income tax computations; and eliminating an adjustment made to the economic development surcharge for certain businesses (suggested as remedial legislation by the Department of Revenue).
Last Action
Placed on calendar 3-17-2026 pursuant to Senate Rule 18(1)
3/16/2026
Committee Referrals
Organization2/11/2026
Rules1/28/2026
Full Bill Text
No bill text available