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WI SB90

WI SB90
The sales and use tax exemption for electricity and natural gas sold for residential use. (FE)


summary

Introduced
03/07/2025
In Committee
03/07/2025
Crossed Over
Passed
Dead

Introduced Session

2025-2026 Regular Session

Bill Summary

Under current law, electricity and natural gas sold during the months of November, December, January, February, March, and April for residential use is exempt from the sales and use tax. This bill exempts from the sales and use tax electricity and natural gas sold for residential use regardless of when it is sold. Because this bill relates to an exemption from state or local taxes, it may be referred to the Joint Survey Committee on Tax Exemptions for a report to be printed as an appendix to the bill. For further information see the state and local fiscal estimate, which will be printed as an appendix to this bill.

AI Summary

This bill modifies Wisconsin's existing sales and use tax law to expand the tax exemption for electricity and natural gas sold for residential use. Currently, the exemption only applied during the winter and early spring months (November through April), but the proposed legislation would remove those seasonal restrictions, effectively creating a year-round tax exemption for residential electricity and natural gas purchases. By eliminating the specific month limitations, the bill ensures that residential consumers will not have to pay sales and use tax on these utility services regardless of when they are purchased during the year. The bill is set to take effect on the first day of the second month after its publication, which means residents of Wisconsin would see this tax exemption implemented relatively soon after the bill becomes law. This change could provide financial relief for homeowners by reducing their overall utility costs throughout the entire year.

Committee Categories

Budget and Finance

Sponsors (13)

Last Action

Fiscal estimate received (on 03/18/2025)

bill text


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