Bill > AB373

This bill creates a refundable individual income tax credit of $2,000 for parents who experience a stillbirth in Wisconsin. A stillbirth is defined as a birth resulting in a fetal death that requires a formal fetal death report. The tax credit can be claimed in the taxable year when the stillbirth occurs and is subject to several specific conditions: if a married couple files a joint return, they can claim up to $2,000; if they file separately, each spouse can claim $1,000; and if the parents are unmarried, each parent can claim $1,000. To claim the credit, parents must submit a copy of the fetal death report with their tax return. Because the credit is refundable, if the $2,000 credit amount exceeds the taxpayer's income tax liability, the remaining amount will be refunded by check or draft from a state appropriation account. The bill is designed to provide financial support and recognition to parents experiencing the traumatic loss of a stillborn child, offering a modest form of economic relief during a difficult time. The tax credit will first apply to taxable years beginning on January 1st of the year the legislation takes effect.

Budget and Finance

https://docs.legis.wisconsin.gov/2025/proposals/reg/asm/bill/ab373