WI AB259 | 2017-2018 | Regular Session
Status
Completed Legislative Action
Sponsorship: Partisan Bill (Republican 25)
Status: Passed on April 4 2018 - 100% progression
Action: 2018-04-04 - Published 4-4-2018
Text: Latest bill text (Introduced) [PDF]
Sponsorship: Partisan Bill (Republican 25)
Status: Passed on April 4 2018 - 100% progression
Action: 2018-04-04 - Published 4-4-2018
Text: Latest bill text (Introduced) [PDF]
Summary
An Act to repeal 20.566 (1) (hn) and 73.03 (28d); to amend 71.10 (1m) (c), 71.30 (2m) (c), 71.80 (1m) (c) and 73.16 (3) (b); and to create 71.98 (8) of the statutes; Relating to: the length of the recognition period for built-in gains tax; the evidentiary standard for proving a transaction has economic substance; participation by the Department of Revenue in the Multistate Tax Commission Audit Program; and reliance by a taxpayer on past audits by the Department of Revenue. (FE)
Title
The length of the recognition period for built-in gains tax; the evidentiary standard for proving a transaction has economic substance; participation by the Department of Revenue in the Multistate Tax Commission Audit Program; and reliance by a taxpayer on past audits by the Department of Revenue. (FE)
Sponsors
Roll Calls
2018-03-20 - Senate - Senate: Read a third time and concurred in (Y: 18 N: 14 NV: 0 Abs: 0) [PASS]
2018-03-20 - Senate - Senate: Decision of the Chair stands as the judgement of the Senate (Y: 18 N: 14 NV: 0 Abs: 0) [PASS]
2018-02-22 - House - Assembly: Read a third time and passed (Y: 61 N: 33 NV: 4 Abs: 0) [PASS]
2018-03-20 - Senate - Senate: Decision of the Chair stands as the judgement of the Senate (Y: 18 N: 14 NV: 0 Abs: 0) [PASS]
2018-02-22 - House - Assembly: Read a third time and passed (Y: 61 N: 33 NV: 4 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2018-04-04 | House | Published 4-4-2018 |
| 2018-04-04 | House | Report approved by the Governor on 4-3-2018. 2017 Wisconsin Act 231 |
| 2018-04-02 | House | Presented to the Governor on 4-2-2018 |
| 2018-03-27 | House | Report correctly enrolled on 3-27-2018 |
| 2018-03-27 | House | LRB correction (Assembly Substitute Amendment 2) |
| 2018-03-21 | House | Received from Senate concurred in |
| 2018-03-20 | Senate | Ordered immediately messaged |
| 2018-03-20 | Senate | Read a third time and concurred in, Ayes 18, Noes 14 |
| 2018-03-20 | Senate | Rules suspended |
| 2018-03-20 | Senate | Ordered to a third reading |
| 2018-03-20 | Senate | Decision of the Chair stands as the judgement of the Senate, Ayes 18, Noes 14 |
| 2018-03-20 | Senate | Point of order that Senate Amendment 1 was not germane well taken |
| 2018-03-20 | Senate | Read a second time |
| 2018-03-20 | Senate | Senate Amendment 1 offered by Senators Ringhand, Miller, Shilling, Carpenter, Bewley, Wirch, Hansen, Larson, L. Taylor, Schachtner, Johnson, Vinehout, Erpenbach and Risser |
| 2018-03-15 | Senate | Placed on calendar 3-20-2018 pursuant to Senate Rule 18(1) |
| 2018-03-15 | Senate | Public hearing requirement waived by committee on Senate Organization, pursuant to Senate Rule 18 (1m), Ayes 3, Noes 2 |
| 2018-03-15 | Senate | Withdrawn from joint committee on Finance and made Available for Scheduling by committee on Senate Organization, pursuant to Senate Rule 41 (1)(e), Ayes 3, Noes 2 |
| 2018-03-15 | Senate | Referred to joint committee on Finance by Committee on Senate Organization pursuant to Senate Rule 41 (1)(e), Ayes 3, Noes 2 |
| 2018-03-12 | Senate | Available for scheduling |
| 2018-03-12 | Senate | Read first time and referred to committee on Senate Organization |
| 2018-02-23 | Senate | Received from Assembly |
| 2018-02-22 | House | Ordered immediately messaged |
| 2018-02-22 | House | Read a third time and passed, Ayes 61, Noes 33 |
| 2018-02-22 | House | Rules suspended |
| 2018-02-22 | House | Ordered to a third reading |
| 2018-02-22 | House | Assembly Substitute Amendment 2 adopted |
| 2018-02-22 | House | Assembly Substitute Amendment 2 offered by Representatives Kooyenga, Katsma and Macco |
| 2018-02-22 | House | Read a second time |
| 2018-02-20 | House | Made a special order of business at 1:03 PM on 2-22-2018 pursuant to Assembly Resolution 27 |
| 2018-02-20 | House | Referred to committee on Rules |
| 2018-02-20 | House | Report passage as amended recommended by Committee on Ways and Means, Ayes 11, Noes 5 |
| 2018-02-20 | House | Report Assembly Amendment 1 adoption recommended by Committee on Ways and Means, Ayes 11, Noes 5 |
| 2018-02-14 | House | Executive action taken |
| 2018-02-13 | House | Assembly Substitute Amendment 1 offered by Representatives Sargent, C. Taylor, Ohnstad, Doyle and Spreitzer |
| 2018-02-01 | House | Fiscal estimate received |
| 2018-01-23 | House | Assembly Amendment 1 offered by Representative Katsma |
| 2017-05-09 | House | Public hearing held |
| 2017-04-27 | House | Fiscal estimate received |
| 2017-04-26 | House | Representative Allen added as a coauthor |
| 2017-04-20 | House | Read first time and referred to Committee on Ways and Means |
| 2017-04-20 | House | Introduced |
