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WI SB89
WI SB89Depositing sales tax revenue from the sale of motor vehicles and motor vehicle parts, accessories, and services into the transportation fund. (FE)
summary
Introduced
03/01/2023
03/01/2023
In Committee
03/01/2023
03/01/2023
Crossed Over
Passed
Dead
04/15/2024
04/15/2024
Introduced Session
2023-2024 Regular Session
Bill Summary
This bill requires the Department of Revenue to deposit into the transportation fund a percentage of the sales tax revenue from the sale of motor vehicles and motor vehicle parts, accessories, and services beginning with the taxes collected on July 1, 2023. For further information see the state and local fiscal estimate, which will be printed as an appendix to this bill.
AI Summary
This bill requires the Department of Revenue to deposit a percentage of the sales tax revenue from the sale of motor vehicles and motor vehicle parts, accessories, and services into the transportation fund, beginning with the taxes collected on July 1, 2023. The percentage starts at 10% in fiscal year 2023-24 and gradually increases to 50% in fiscal year 2037-38 and every year thereafter.
Committee Categories
Education
Sponsors (6)
André Jacque (R)*,
Romaine Quinn (R)*,
Scott Allen (R),
Ty Bodden (R),
Donna Rozar (R),
Chuck Wichgers (R),
Last Action
Failed to pass pursuant to Senate Joint Resolution 1 (on 04/15/2024)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://docs.legis.wisconsin.gov/2023/proposals/reg/sen/bill/sb89 |
| SB89 ROCP for Committee on Universities and Revenue | https://docs.legis.wisconsin.gov/2023/related/records/senate/universities_and_revenue/1805043.pdf |
| Fiscal Note - SB89: Fiscal Estimate From DOT | https://docs.legis.wisconsin.gov/2023/related/fe/sb89/sb89_dot.pdf |
| Fiscal Note - SB89: Fiscal Estimate From DOR | https://docs.legis.wisconsin.gov/2023/related/fe/sb89/sb89_dor.pdf |
| Fiscal Note - SB89: Fiscal Estimate From SWIB | https://docs.legis.wisconsin.gov/2023/related/fe/sb89/sb89_swib.pdf |
| BillText | https://docs.legis.wisconsin.gov/document/proposaltext/2023/REG/SB89.pdf |
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