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Bill > AB437


WI AB437

WI AB437
Requiring certain sales invoices and sales receipts to include tariff costs.


summary

Introduced
09/19/2025
In Committee
09/19/2025
Crossed Over
Passed
Dead

Introduced Session

2025-2026 Regular Session

Bill Summary

This bill requires retailers to provide a sales invoice or sales receipt to a person purchasing a consumer good that clearly states the total cost of any tariff imposed on the sale of that consumer good. XRetailerY is defined in the bill to mean persons who, in the preceding calendar year, sold a total amount of consumer goods the gross value of which was $3,000,000 or more.

AI Summary

This bill requires retailers who sell more than $3 million worth of consumer goods in a calendar year to provide sales invoices or receipts that clearly display the total cost of tariffs applied to each consumer good being purchased. The bill defines key terms such as "consumer goods" (referencing an existing statute), "retailer" (specifically those with annual sales over $3 million), "sales invoice" (a document listing goods to be sold and their prices), and "sales receipt" (a document listing goods sold and their prices at the point of sale). The primary purpose of the legislation is to increase transparency for consumers by mandating that tariff costs be explicitly shown on sales documentation, allowing buyers to see the direct impact of trade-related taxes on the price of goods they are purchasing. This requirement would help consumers better understand the full pricing of products and the potential economic effects of tariffs on consumer goods.

Committee Categories

Business and Industry

Sponsors (23)

Last Action

Representative J. Jacobson added as a coauthor (on 01/08/2026)

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