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WI SB706
Bill
Status
12/2/2025
Primary Sponsor
Romaine Quinn
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AI Summary
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Modifies the existing sales and use tax exemption for personal farm property and household goods sold at auction by replacing "auctions" with "auction events" in the five-or-fewer annual limit
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Defines "auction event" as the total number of consecutive days property at a location is available for bidding
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For Internet auctions, an "auction event" is the total number of consecutive days winning bids are selected, regardless of whether property is at multiple locations
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Defines "auctioneer" as 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Withdrawn from committee on Senate Organization and rereferred to joint committee on Finance pursuant to Senate Rule 46(2)(c)
2/3/2026