WI AB685 | 2025-2026 | Regular Session

Status

Completed Legislative Action
Sponsorship: Partisan Bill (Republican 2)
Status: Passed on April 3 2026 - 100% progression
Action: 2026-04-03 - Published 4-4-2026
Text: Latest bill text (Enrolled) [PDF]

Summary

An Act to amend 71.07 (5) (a) 3.; to create 71.05 (6) (b) 57. of the statutes; Relating to: individual income tax subtraction for certain theft losses. (FE)

Tracking Information

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Title

Individual income tax subtraction for certain theft losses. (FE)

Sponsors


Roll Calls

2026-03-17 - Senate - Senate: Read a third time and concurred in (Y: 33 N: 0 NV: 0 Abs: 0) [PASS]
2026-02-17 - House - Assembly: Read a third time and passed (Y: 99 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2026-04-03HousePublished 4-4-2026
2026-04-03HouseReport approved by the Governor on 4-3-2026. 2025 Wisconsin Act 192
2026-04-02HousePresented to the Governor on 4-2-2026
2026-03-23HouseReport correctly enrolled on 3-23-2026
2026-03-18HouseReceived from Senate concurred in
2026-03-17SenateOrdered immediately messaged
2026-03-17SenateSenator Smith added as a cosponsor
2026-03-17SenateRead a third time and concurred in, Ayes 33, Noes 0
2026-03-17SenateRules suspended to give bill its third reading
2026-03-17SenateOrdered to a third reading
2026-03-17SenateRead a second time
2026-03-16SenatePlaced on calendar 3-17-2026 pursuant to Senate Rule 18(1)
2026-03-16SenatePublic hearing requirement waived by committee on Senate Organization, pursuant to Senate Rule 18 (1m), Ayes 3, Noes 2
2026-03-03SenateAvailable for scheduling
2026-03-03SenateReport concurrence recommended by Joint Committee on Finance, Ayes 16, Noes 0
2026-03-03SenateExecutive action taken
2026-02-27SenateWithdrawn from committee on Senate Organization and rereferred to joint committee on Finance pursuant to Senate Rule 46(2)(c)
2026-02-20SenateAvailable for scheduling
2026-02-20SenateRead first time and referred to committee on Senate Organization
2026-02-18SenateReceived from Assembly
2026-02-17HouseOrdered immediately messaged
2026-02-17HouseRead a third time and passed, Ayes 99, Noes 0
2026-02-17HouseRules suspended
2026-02-17HouseOrdered to a third reading
2026-02-17HouseAssembly Substitute Amendment 2 adopted
2026-02-17HouseRead a second time
2026-02-16HouseRepresentative Ortiz-Velez added as a coauthor
2026-02-13HouseWithdrawn from Committee on Rules and referred to calendar of 2-17-2026
2026-02-12HouseRepresentative Snyder added as a coauthor
2026-02-10HouseReport of Joint Survey Committee on Tax Exemptions received, Ayes 9, Noes 0
2026-02-09HouseExecutive action taken by joint survey committee on Tax Exemptions
2026-02-06HouseSenator Spreitzer added as a cosponsor
2026-02-06HouseReferred to joint survey committee on Tax Exemptions pursuant to Assembly Rule 45 (4)
2026-02-04HouseAssembly Substitute Amendment 2 offered by Representative Swearingen
2026-02-04HouseAssembly Amendment 1 to Assembly Substitute Amendment 1 offered by Representative Swearingen
2026-02-04HouseReferred to committee on Rules
2026-02-04HouseReport passage as amended recommended by Committee on Ways and Means, Ayes 10, Noes 0
2026-02-04HouseReport Assembly Substitute Amendment 1 adoption recommended by Committee on Ways and Means, Ayes 10, Noes 0
2026-02-04HouseExecutive action taken
2026-01-21HousePublic hearing held
2026-01-12HouseAssembly Substitute Amendment 1 offered by Representative Swearingen
2025-12-19HouseFiscal estimate received
2025-11-26HouseRead first time and referred to Committee on Ways and Means
2025-11-26HouseIntroduced

Same As/Similar To

SB674 (Crossfiled) 2026-03-23 - Failed to pass pursuant to Senate Joint Resolution 1

Wisconsin State Sources

TypeSource
Summaryhttps://docs.legis.wisconsin.gov/2025/proposals/reg/asm/bill/ab685
Texthttps://docs.legis.wisconsin.gov/document/proposaltext/2025/REG/AB685.pdf
Texthttps://docs.legis.wisconsin.gov/document/enrolledbills/2025/REG/AB685.pdf
Texthttps://docs.legis.wisconsin.gov/document/acts/2025/192.pdf
Amendmenthttps://docs.legis.wisconsin.gov/document/amends/2025/REG/AB685-ASA1.pdf
Amendmenthttps://docs.legis.wisconsin.gov/document/amends/2025/REG/AB685-ASA1-AA1.pdf
Amendmenthttps://docs.legis.wisconsin.gov/document/amends/2025/REG/AB685-ASA2.pdf
Supplementhttps://docs.legis.wisconsin.gov/2025/related/fe/ab685/ab685_dor.pdf
Supplementhttps://docs.legis.wisconsin.gov/2025/related/records/assembly/ways_and_means/1966835.pdf
Supplementhttps://docs.legis.wisconsin.gov/document/lcamendmentmemos/2025/REG/AB685.pdf
Supplementhttps://docs.legis.wisconsin.gov/2025/related/fe/ab685/ab685_jscte.pdf
Supplementhttps://docs.legis.wisconsin.gov/2025/related/records/joint/finance/1977043.pdf
Supplementhttps://docs.legis.wisconsin.gov/document/lcactmemos/2025/REG/Act%20192.pdf
Roll Callhttps://docs.legis.wisconsin.gov/document/votes/2025/av0241
Roll Callhttps://docs.legis.wisconsin.gov/document/votes/2025/sv0249

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