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WI SB286
WI SB286Workforce housing and childcare awards under the business development tax credit. (FE)
summary
Introduced
05/30/2025
05/30/2025
In Committee
09/19/2025
09/19/2025
Crossed Over
Passed
Dead
Introduced Session
Potential new amendment
2025-2026 Regular Session
Bill Summary
This bill makes adjustments to the workforce housing investment and child care investment awards under the business development tax credit. Under current law, a person may claim tax benefits of an amount equal to up to 15 percent of the person[s investment in workforce housing for employees and up to 15 percent of the person[s investment in establishing an employee child care program for employees. Under current law, such investments may only include capital expenditures made by the person. Under the bill, the investments in workforce housing and child care for which a person may receive tax benefits may include contributions made to a third party for building or rehabilitating workforce housing or establishing a child care program, including contributions made to a local revolving loan fund program. The bill also removes the requirement that the workforce housing and child care program for which a person may receive tax benefits for investing in be for employees. For further information see the state fiscal estimate, which will be printed as an appendix to this bill. LRB-3023/1 MDE&KP:skw 2025 - 2026 Legislature SENATE BILL 286
AI Summary
This bill modifies the business development tax credit by expanding the types of investments that can qualify for tax benefits related to workforce housing and child care programs. Under current law, businesses can claim tax benefits of up to 15 percent for investments in workforce housing for employees and child care programs for employees, but these investments were limited to direct capital expenditures. The bill broadens the definition of qualifying investments to include monetary contributions made to third-party organizations responsible for building or rehabilitating workforce housing or establishing child care programs. Importantly, the bill removes the requirement that these housing and child care investments must be specifically for employees, which means businesses can now receive tax benefits for broader community-focused housing and child care initiatives. The changes will apply to taxable years beginning on January 1, 2025, and are administered by the Wisconsin Economic Development Corporation. The bill aims to provide more flexibility for businesses in supporting workforce housing and child care infrastructure by allowing indirect financial contributions and removing the employee-specific limitation.
Committee Categories
Budget and Finance
Sponsors (17)
Kristin Dassler-Alfheim (D)*,
Dan Feyen (R)*,
Jodi Habush Sinykin (D)*,
Howard Marklein (R)*,
Mark Spreitzer (D)*,
David Armstrong (R),
Elijah Behnke (R),
Barbara Dittrich (R),
Rick Gundrum (R),
Dean Kaufert (R),
Joel Kitchens (R),
Rob Kreibich (R),
Paul Melotik (R),
Clint Moses (R),
Jerry O'Connor (R),
Joe Sheehan (D),
Nancy VanderMeer (R),
Last Action
Senator Ratcliff added as a coauthor (on 11/18/2025)
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/2025/proposals/reg/sen/bill/sb286 |
| Analysis - LC Amendment Memo | https://docs.legis.wisconsin.gov/document/lcamendmentmemos/2025/REG/SB286.pdf |
| SB286 ROCP for Committee on Agriculture and Revenue On 9/19/2025 | https://docs.legis.wisconsin.gov/2025/related/records/senate/agriculture_and_revenue/1944510.pdf |
| Senate Amendment 1 | https://docs.legis.wisconsin.gov/document/amends/2025/REG/SB286-SA1.pdf |
| Fiscal Note - SB286: Fiscal Estimate From WEDC | https://docs.legis.wisconsin.gov/2025/related/fe/sb286/sb286_wedc.pdf |
| Fiscal Note - SB286: Fiscal Estimate From DOR | https://docs.legis.wisconsin.gov/2025/related/fe/sb286/sb286_dor.pdf |
| BillText | https://docs.legis.wisconsin.gov/document/proposaltext/2025/REG/SB286.pdf |
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