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WI SB664

WI SB664
Reducing the eligibility threshold to claim the veterans and surviving spouses property tax credit. (FE)


summary

Introduced
11/20/2025
In Committee
11/20/2025
Crossed Over
Passed
Dead

Introduced Session

2025-2026 Regular Session

Bill Summary

This bill reduces the eligibility threshold for an eligible veteran, the spouse of an eligible veteran, and the unremarried surviving spouse of an eligible veteran to claim the veterans and surviving spouses property tax credit under the individual income tax system. Under the bill, a claimant may claim the credit if the claimant’s service-connected disability rating is at least 70 percent. Currently, that rating must be 100 percent. Under the bill, the maximum credit that a claimant may claim is multiplied by the percentage of the claimant’s service-connected disability rating. The bill does not affect a claimant who claims the credit based on his or her individual unemployability rating. Under current law, an individual with a 100 percent disability rating based on individual unemployability may also claim the credit. For further information see the state and local fiscal estimate, which will be printed as an appendix to this bill. LRB-4711/1 JK:skw 2025 - 2026 Legislature SENATE BILL 664

AI Summary

This bill reduces the eligibility threshold for veterans and their surviving spouses to claim a property tax credit under the Wisconsin individual income tax system. Currently, veterans must have a 100 percent service-connected disability rating to qualify for the full credit, but this bill lowers the threshold to a service-connected disability rating of at least 70 percent. Additionally, the bill introduces a proportional credit calculation, meaning that veterans with disability ratings between 70 and 99 percent will receive a credit amount multiplied by their specific disability rating percentage. For example, a veteran with an 80 percent disability rating would receive 80 percent of the full credit amount. The bill does not change the existing provision for veterans with a 100 percent disability rating based on individual unemployability, who can still claim the full credit. The changes will first apply to taxable years beginning on January 1 of the year the bill takes effect, making the property tax credit more accessible to a broader range of disabled veterans.

Committee Categories

Military Affairs and Security

Sponsors (30)

Last Action

Representative Sheehan added as a cosponsor (on 02/20/2026)

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