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Bill > AB934
WI AB934
WI AB934Eliminating the definition of relative for purposes of the lottery; the definition of taxable property in a tax incremental district; the order of certain withholdings and deposits in income tax computations; and eliminating an adjustment made to the economic development surcharge for certain businesses (suggested as remedial legislation by the Department of Revenue).
summary
Introduced
01/28/2026
01/28/2026
In Committee
02/11/2026
02/11/2026
Crossed Over
02/10/2026
02/10/2026
Passed
Dead
Introduced Session
2025-2026 Regular Session
Bill Summary
This bill eliminates the definition of “relative” for the purposes of the state lottery. The bill modifies the definition of “taxable property” for purposes of tax incremental financing by deleting the reference to personal taxable property located in a tax incremental district. The bill adds tax withholdings from nonresident members of pass-through entities and deposits made with the Department of Revenue by nonresident entertainers or entertainment corporations towards the end of the computation order for determining liability for the individual and corporate income tax. The bill eliminates a provision that prorates the economic development surcharge for businesses that begin or cease doing business in Wisconsin during the taxable year based on the number of days they do business in the state. For further information, see the NOTES provided by the Law Revision Committee of the Joint Legislative Council.
AI Summary
This bill makes several changes to Wisconsin law, including removing the definition of "relative" for state lottery purposes, as this term is no longer used in that context. It also modifies the definition of "taxable property" within tax incremental districts to only include real property, excluding personal property. Furthermore, the bill adjusts the order in which certain tax withholdings and deposits are considered when calculating individual and corporate income tax liabilities, specifically by placing tax withholdings from nonresident members of pass-through entities and deposits made by nonresident entertainers or entertainment corporations towards the end of this calculation. Finally, it eliminates a provision that previously prorated the economic development surcharge for businesses that started or stopped operating in Wisconsin during a tax year, meaning the full surcharge will now apply regardless of the duration of business operations.
Sponsors (0)
No sponsors listed
Other Sponsors (1)
Law Revision Committee (Other)
Last Action
Available for scheduling (on 02/11/2026)
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/ab934 |
| BillText | https://docs.legis.wisconsin.gov/document/proposaltext/2025/REG/AB934.pdf |
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