Bill > SB683

This bill provides a sum sufficient appropriation for refundable long-term care insurance assessment credits. Specifically, it amends a section of Wisconsin statutes to authorize payments for long-term care insurance assessment credits across multiple tax contexts (including individual income tax, corporate income tax, and other tax types). The bill is contingent on the passage of another related bill (2025 Assembly Bill LRB-5462/1), meaning if that bill is not enacted into law, this appropriation bill becomes void. The "sum sufficient" designation means the state will appropriate whatever amount is necessary to fully fund these tax credits, ensuring that eligible taxpayers can receive the credits without a predetermined spending cap. The bill appears to be a technical financial measure designed to support a specific long-term care insurance assessment credit program by ensuring adequate funding is available for credit payments.

Agriculture and Natural Resources, Budget and Finance

https://docs.legis.wisconsin.gov/2025/proposals/reg/sen/bill/sb683