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WI SB1091
WI SB1091A premium assistance individual income tax credit and making an appropriation. (FE)
summary
Introduced
03/04/2026
03/04/2026
In Committee
03/04/2026
03/04/2026
Crossed Over
Passed
Dead
Introduced Session
2025-2026 Regular Session
Bill Summary
Beginning in 2026, this bill allows an individual who pays monthly premiums for a qualified health plan under the federal Affordable Care Act to claim as a refundable individual income tax credit the premium assistance amount that the individual would have been eligible to claim under federal law for a taxable year beginning after December 31, 2020, and before January 1, 2026. During that period, an eligible individual would have been able to claim under federal law premium assistance credits to lower the costs of premiums for qualified health plans offered under the ACA. Under the bill, if the amount of the credit exceeds the individual’s tax liability, the individual will receive the excess as a refund. Finally, the bill prohibits an individual from claiming the credit for taxable years beginning after 2025 if the individual is again eligible to receive premium assistance credits under federal law. For further information see the state fiscal estimate, which will be printed as an appendix to this bill. LRB-6418/1 JK:wlj 2025 - 2026 Legislature SENATE BILL 1091
AI Summary
This bill establishes a new individual income tax credit for residents of Wisconsin who pay monthly premiums for a qualified health plan, which is a health insurance plan that meets certain standards set by the federal Affordable Care Act (ACA). Starting in 2026, individuals can claim a credit equal to the amount of premium assistance they would have been eligible to receive under federal law for the years 2021 through 2025. This premium assistance, often referred to as ACA subsidies, is designed to lower the cost of health insurance premiums for eligible individuals. If the credit amount is more than the individual's tax liability, the excess will be refunded to them. However, this credit is only available for taxable years beginning after 2025 if the individual is no longer eligible to receive premium assistance under federal law, meaning it acts as a bridge for those who might lose federal subsidies. The bill also makes an appropriation, meaning it sets aside state funds to cover the cost of these tax credits.
Committee Categories
Agriculture and Natural Resources
Sponsors (17)
Tim Carpenter (D)*,
Dianne Hesselbein (D)*,
Melissa Ratcliff (D)*,
Jeff Smith (D)*,
Mark Spreitzer (D)*,
Mike Bare (D),
Ryan Clancy (D),
Russell Goodwin (D),
Francesca Hong (D),
Alex Joers (D),
Tara Johnson (D),
Greta Neubauer (D),
Christian Phelps (D),
Ann Roe (D),
Christine Sinicki (D),
Lisa Subeck (D),
Angelito Tenorio (D),
Last Action
Representative McGuire added as a cosponsor (on 03/13/2026)
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/sen/bill/sb1091 |
| BillText | https://docs.legis.wisconsin.gov/document/proposaltext/2025/REG/SB1091.pdf |
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