A sales tax exemption for road-building equipment; increasing the income tax withholding threshold for nonresidents; modifying the certification requirement for a qualified opportunity fund; prohibiting certain lottery games; and extending the capital gains exclusion to family members who inherit certain farms organized as a partnership or limited liability company. (FE)

AB 658 A sales tax exemption for road building equipment; increasing the income tax withholding threshold for nonresidents; modifying the certification requirement for a qualified opportunity fund; prohibiting certain lottery games; and extending the capital gains exclusion to family members who inherit certain farms organized as a partnership or limited liability company (FE)

Wisconsin 2023-2024 Regular Session

A sales tax exemption for road-building equipment; increasing the income tax withholding threshold for nonresidents; modifying the certification requirement for a qualified opportunity fund; prohibiting certain lottery games; and extending the capital gains exclusion to family members who inherit certain farms organized as a partnership or limited liability company. (FE)
AB-658


About AB-658

An Act to repeal 565.32

  • (3) (a) 2

c.; to renumber and amend 71.05

  • (6) (b) 25.; to amend 71.05 (25m) (c), 71.26
  • (3) (vm) 2., 71.34 (1k) (p) 2., 71.45
  • (2) (a) 21

b., 71.64

  • (6) (b), 71.775
  • (3) (a) 2

and 565.30

  • (3) (a) 1.; and to create 71.05
  • (6) (b) 25

a. and b., 77.54 (71) and 565.30

  • (3) (a) 3

of the statutes; Relating to: a sales tax exemption for road-building equipment; increasing the income tax withholding threshold for nonresidents; modifying the certification requirement for a qualified opportunity fund; prohibiting certain lottery games; and extending the capital gains exclusion to family members who inherit certain farms organized as a partnership or limited liability company. (FE)

  

Bill Texts

Introduced 11/09/2023

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History

Failed To Pass Pursuant To Senate Joint Resolution 1

04/15/2024

Laid On The Table

02/22/2024

Made A Special Order Of Business At 10:26 Am On 2-22-2024 Pursuant To Assembly Resolution 28

02/20/2024

Representative Jacobson Withdrawn As A Coauthor

02/15/2024

Placed On Calendar 2-15-2024 By Committee On Rules

02/13/2024

Report Of Joint Survey Committee On Tax Exemptions Received, Ayes 8, Noes 0

02/08/2024

Executive Action Taken By Joint Survey Committee On Tax Exemptions

02/08/2024

Referred To Committee On Rules

02/08/2024

Report Passage As Amended Recommended By Joint Committee On Finance, Ayes 15, Noes 0

02/08/2024

Report Assembly Amendment 1 Adoption Recommended By Joint Committee On Finance, Ayes 15, Noes 0

02/08/2024

Executive Action Taken

02/07/2024

Assembly Amendment 1 Offered By Representative Katsma

02/07/2024

Withdrawn From Committee On Rules And Referred To Joint Committee On Finance Pursuant To Assembly Rule 42 (3)(c)

02/06/2024

Referred To Committee On Rules

01/18/2024

Report Passage Recommended By Committee On Ways And Means, Ayes 11, Noes 0

01/18/2024

Executive Action Taken

01/11/2024

Referred To Joint Survey Committee On Tax Exemptions Pursuant To S. 13.52 Wisconsin Statutes

01/11/2024

Public Hearing Held

01/04/2024

Fiscal Estimate Received

11/22/2023

Introduced

11/09/2023

Read First Time And Referred To Committee On Ways And Means

11/09/2023