Bill
Bill > AB543
summary
Introduced
10/15/2025
10/15/2025
In Committee
01/14/2026
01/14/2026
Crossed Over
01/13/2026
01/13/2026
Passed
03/20/2026
03/20/2026
Dead
Signed/Enacted/Adopted
03/20/2026
03/20/2026
Introduced Session
2025-2026 Regular Session
Bill Summary
AN ACT to amend 77.54 (72) of the statutes; relating to: the sales tax exemption for memberships sold to real es- tate brokers.
AI Summary
This bill amends existing Wisconsin statutes to clarify and expand a sales tax exemption for memberships sold to real estate brokers. Specifically, it changes the wording to include memberships where a broker offers to compensate *or* cooperate with other brokers, or both, in selling properties, and where these memberships grant access to information about real estate listings and compensation offers from other brokers. This exemption is intended to apply to brokers licensed under Chapter 452 of the Wisconsin Statutes, and the bill specifies that it will take effect on the first day of the third month following its publication.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
Published 3-21-2026 (on 03/20/2026)
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/asm/bill/ab543 |
| BillText | https://docs.legis.wisconsin.gov/document/acts/2025/108.pdf |
| Analysis - 2025 Wisconsin Act 108: LC Act Memo | https://docs.legis.wisconsin.gov/document/lcactmemos/2025/REG/Act%20108.pdf |
| BillText | https://docs.legis.wisconsin.gov/document/enrolledbills/2025/REG/AB543.pdf |
| Fiscal Note - AB543: Report of the Joint Survey Committee on Tax Exemptions | https://docs.legis.wisconsin.gov/2025/related/fe/ab543/ab543_jscte.pdf |
| AB543 ROCP for Committee on Ways and Means | https://docs.legis.wisconsin.gov/2025/related/records/assembly/ways_and_means/1952962.pdf |
| Fiscal Note - AB543: Fiscal Estimate From DOR | https://docs.legis.wisconsin.gov/2025/related/fe/ab543/ab543_dor.pdf |
| BillText | https://docs.legis.wisconsin.gov/document/proposaltext/2025/REG/AB543.pdf |
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