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Bill > SB1032


WI SB1032

WI SB1032
A sales and use tax exemption for the sale of over-the-counter drugs. (FE)


summary

Introduced
02/17/2026
In Committee
02/17/2026
Crossed Over
Passed
Dead

Introduced Session

2025-2026 Regular Session

Bill Summary

This bill creates a sales and use tax exemption for the sale of over-the-counter drugs. Because this bill relates to an exemption from state or local taxes, it may be referred to the Joint Survey Committee on Tax Exemptions for a report to be printed as an appendix to the bill. For further information see the state fiscal estimate, which will be printed as an appendix to this bill.

AI Summary

This bill creates a new exemption from sales and use taxes for the sale of over-the-counter drugs, which are defined as medications that have a label identifying them as drugs and include a "drug facts panel" or a statement of active ingredients as required by federal regulations (21 CFR 201.66). This means that when this bill becomes law, consumers will no longer have to pay sales tax on these types of medications, making them more affordable. The bill also specifies that this exemption will take effect on the first day of the third month after its publication.

Committee Categories

Budget and Finance

Sponsors (17)

Last Action

Read first time and referred to Committee on Agriculture and Revenue (on 02/17/2026)

bill text


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