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WI SB118
WI SB118A tax credit for relocating to this state due to Hurricane Helene or the Los Angeles wildfires. (FE)
summary
Introduced
03/07/2025
03/07/2025
In Committee
03/07/2025
03/07/2025
Crossed Over
Passed
Dead
Introduced Session
Potential new amendment
2025-2026 Regular Session
Bill Summary
This bill creates a nonrefundable income tax credit for U.S. citizens who resided in the County of Los Angeles, California, or North Carolina up until the Los Angeles wildfires of 2025 or Hurricane Helene of 2024 and who moved to this state due to either of those disasters. The amount of the credit is $10,000 and the credit is effective for tax year 2025. No person who has been convicted of a felony may claim the credit. For further information see the state fiscal estimate, which will be printed as an appendix to this bill.
AI Summary
This bill creates a $10,000 nonrefundable income tax credit for U.S. citizens who were living in Los Angeles County, California, or North Carolina and were forced to relocate to Wisconsin due to either the Los Angeles wildfires of 2025 or Hurricane Helene in 2024. To be eligible, claimants must have filed a tax return for the 2022-2023 tax year with a home address in the affected areas, and they cannot have been convicted of a felony. The credit is available for the 2025 tax year, specifically for tax returns filed after December 31, 2024, and before January 1, 2026. Claimants must meet specific documentation requirements, including having previously listed their home address in the disaster-affected regions and claiming the credit within the standard tax filing period. The bill aims to provide financial assistance to individuals who were displaced by significant natural disasters, offering some relief to those who were forced to relocate and rebuild their lives in Wisconsin.
Committee Categories
Budget and Finance
Sponsors (7)
Dan Feyen (R)*,
Barbara Dittrich (R),
Cindi Duchow (R),
Scott Krug (R),
Paul Melotik (R),
Jeff Mursau (R),
Jessie Rodriguez (R),
Last Action
Senate Amendment 2 offered by Senator Feyen (on 05/19/2025)
Official Document
bill text
bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://docs.legis.wisconsin.gov/2025/proposals/reg/sen/bill/sb118 |
| Senate Amendment 2 | https://docs.legis.wisconsin.gov/document/amends/2025/REG/SB118-SA2.pdf |
| Senate Amendment 1 | https://docs.legis.wisconsin.gov/document/amends/2025/REG/SB118-SA1.pdf |
| Fiscal Note - SB118: Fiscal Estimate From DOR | https://docs.legis.wisconsin.gov/2025/related/fe/sb118/sb118_dor.pdf |
| BillText | https://docs.legis.wisconsin.gov/document/proposaltext/2025/REG/SB118.pdf |
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