2023-2024 Regular SessionWisconsin Legislature

SB2: Eliminating the personal property tax. (FE)

Legislative Summary

An Act to repeal 60.85 (1) (f), 66.1105 (2) (d), 70.043 (2), 70.13 (3), 70.13 (7), 70.18, 70.19, 70.20, 70.21, 70.22, 70.29, 70.30, 70.34, 70.345, 70.35, 70.36, 70.47 (15), 70.53 (1) (a), 70.65 (2) (a) 2., 70.68, 74.11 (4), 74.11 (11) (b), 74.11 (12) (a) 1g., 74.11 (12) (d), 74.12 (6), 74.12 (11) (a) 1g., 74.12 (11) (d), 74.30 (1) (i), 74.42, 74.47 (3) (e), 74.55 and 76.69; to renumber 70.043 (1) and 74.11 (11) (a); to consolidate, renumber and amend 70.65 (2) (a) (intro.) and 1.; to amend 17.14 (1) (g), 26.03 (1m) (b) (intro.), 33.01 (9) (a), 33.01 (9) (am) 1. and 2., 33.01 (9) (ar) 1., 33.01 (9) (b) 1., 60.85 (1) (h) 1. c., 60.85 (1) (o), 66.0435 (3) (c) 1. (intro.), 66.0435 (3) (g), 66.0435 (9), 66.1105 (2) (f) 1. c., 66.1106 (1) (k), 70.02, 70.05 (5) (a) 1., 70.17 (1), 70.174, 70.44 (1), 70.49 (2), 70.52, 70.65 (2) (b) (intro.), 70.73 (1) (b), 70.73 (1) (c), 70.73 (1) (d), 70.84, 70.855 (1) (intro.), 70.855 (1) (a), 70.855 (1) (b), 70.995 (1) (a), 70.995 (1) (b), 70.995 (4), 70.995 (7) (b), 70.995 (8) (b) 1., 70.995 (12) (a), 71.17 (2), 74.05 (1), 74.09 (2), 74.11 (6) (a), 74.11 (10) (a) 1., 74.11 (12) (a) (intro.), 74.11 (12) (b), 74.12 (7) (a), 74.12 (8) (a), 74.12 (9) (a), 74.12 (10) (a), 74.12 (11) (a) (intro.), 74.12 (11) (b), 74.25 (1) (intro.), 74.29 (2), 74.30 (1m), 74.83, 74.87 (3), 76.125 (1), 77.84 (1), 174.065 (3), 815.18 (3) (intro.) and 978.05 (6) (a); and to create 60.85 (5) (j), 66.1105 (5) (j), 66.1106 (4) (e), 70.015, 70.111 (28) and 70.17 (3) of the statutes; Relating to: eliminating the personal property tax. (FE)

Demographic Impact

Overall analysis of equity impact

60% Positive
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Bill History

1/27/2023
Introduced
Senate
1/27/2023
Read first time and referred to Committee on Universities and Revenue
Senate
1/30/2023
Representative Swearingen added as a cosponsor
Senate
2/1/2023
Representatives Binsfeld and Michalski added as cosponsors
Senate
2/15/2023
Fiscal estimate received
Senate
2/16/2023
Senator Stafsholt added as a coauthor
Senate
4/24/2023
Senate Substitute Amendment 1 offered by Senator Stroebel
Senate
4/24/2023
LRB correction (Senate Substitute Amendment 1)
Senate
4/25/2023
Public hearing held
Senate
4/27/2023
Fiscal estimate received
Senate
5/1/2023
Senate Amendment 1 to Senate Substitute Amendment 1 offered by Senator Stroebel
Senate
5/8/2023
Executive action taken
Senate
5/9/2023
Report adoption of Senate Amendment 1 to Senate Substitute Amendment 1 recommended by Committee on Universities and Revenue, Ayes 9, Noes 0
Senate
5/9/2023
Report adoption of Senate Substitute Amendment 1 recommended by Committee on Universities and Revenue, Ayes 8, Noes 1
Senate
5/9/2023
Report passage as amended recommended by Committee on Universities and Revenue, Ayes 7, Noes 2
Senate
5/9/2023
Available for scheduling
Senate
4/15/2024
Failed to pass pursuant to Senate Joint Resolution 1
Senate

Amendments

Senate Amendment 1

Senate Amendment 1

5/1/2023Not Adopted

Senate Substitute Amendment 1

Senate Substitute Amendment 1

4/24/2023Not Adopted

Status Information

Current Status
Failed(4/15/2024)
Chamber
Senate

Documents

Introduced
Bill Text1/27/2023101.5 KB
Fiscal Note
Fiscal Note1/1/1970845.3 KB
Fiscal Note
Fiscal Note1/1/1970726.3 KB
Misc
Misc1/1/1970199.2 KB
Analysis
Analysis1/1/1970298.5 KB
Misc
Misc1/1/1970175.4 KB