WI SB21 | 2025-2026 | Regular Session

Status

Completed Legislative Action
Sponsorship: Bipartisan Bill
Status: Failed on March 23 2026 - 100% progression
Action: 2026-03-23 - Failed to pass pursuant to Senate Joint Resolution 1
Text: Latest bill text (Introduced) [PDF]

Summary

An Act to amend 71.05 (6) (a) 15., 71.21 (4) (a), 71.26 (2) (a) 4., 71.34 (1k) (g) and 71.45 (2) (a) 10.; to create 71.05 (6) (b) 57., 71.07 (12), 71.10 (4) (em), 71.26 (2) (a) 13., 71.28 (12), 71.30 (3) (am), 71.45 (2) (a) 25., 71.47 (12), 71.49 (1) (am), 73.03 (78) and 73.03 (79) of the statutes; Relating to: creating an employee ownership conversion costs tax credit, a deduction for capital gains from the transfer of a business to employee ownership, and an employee ownership education and outreach program. (FE)

Tracking Information

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Title

Creating an employee ownership conversion costs tax credit, a deduction for capital gains from the transfer of a business to employee ownership, and an employee ownership education and outreach program. (FE)

Sponsors


History

DateChamberAction
2026-03-23SenateFailed to pass pursuant to Senate Joint Resolution 1
2026-01-08SenatePublic hearing held
2025-12-10SenateSenate Amendment 2 to Senate Substitute Amendment 1 offered by Senator James
2025-06-27SenateSenate Amendment 1 to Senate Substitute Amendment 1 offered by Senator James
2025-06-24SenateRepresentative O'Connor added as a cosponsor
2025-06-10SenateRepresentative Bare added as a cosponsor
2025-05-13SenateSenate Substitute Amendment 1 offered by Senator James
2025-04-23SenateRepresentative Joers added as a cosponsor
2025-04-14SenateRepresentatives Fitzgerald and Roe added as cosponsors
2025-02-19SenateFiscal estimate received
2025-02-05SenateRead first time and referred to Committee on Agriculture and Revenue
2025-02-05SenateIntroduced

Same As/Similar To

AB17 (Crossfiled) 2026-03-23 - Failed to concur in pursuant to Senate Joint Resolution 1

Wisconsin State Sources


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