WI
Wisconsin Senate Bill SB738

Wisconsin 2023-2024 Regular Session

Wisconsin Senate Bill SB738

Introduced
12/8/23  
Refer
12/8/23  
Report Pass
2/15/24  

Caption

Eliminating obsolete statutory references regarding property, sales, and income taxes; the uniform unclaimed property act; and lottery games. (FE)

Impact

Additionally, the bill removes the certificate requirement for sales tax exemptions applied to patient healthcare records and farm-raised fish, potentially simplifying processes for businesses in those sectors. It updates definitions for the married persons tax credit, incorporates definitions from the Internal Revenue Code, and makes technical changes to laws governing unclaimed property. These adjustments are designed to streamline tax processes and enhance clarity within the legal framework governing these areas.

Summary

Senate Bill 738 addresses several issues related to tax legislation in Wisconsin, eliminating outdated statutory references and updating tax exemption requirements. The bill modifies the sales tax exemption for insulin, ensuring that individuals do not need to present an exemption certificate to access this exemption. This change aims to make insulin more accessible for patients requiring diabetes treatment, reflecting a broader policy stance on healthcare affordability.

Contention

Opposition to SB 738 could arise from various stakeholders who may see the removal of certain requirements as weakening consumer protection. The bill also modifies the existing rules regarding property tax assessments by eliminating certain rights of individuals making objections, which may raise concerns regarding fairness and transparency in property taxation. Overall, proponents argue that these changes create a more efficient tax system, while critics highlight potential risks to consumer rights and local autonomy.

Latest SB738 Activity

Companion Bills

No companion bills found.

Previously Filed As

WI AB742

Eliminating obsolete statutory references regarding property, sales, and income taxes; the uniform unclaimed property act; and lottery games. (FE)

WI SB2

Eliminating the personal property tax. (FE)

WI AB2

Eliminating the personal property tax. (FE)

WI AB245

County and municipal aid; imposing a city sales tax and an additional county sales tax to pay the unfunded actuarial accrued liability of city and county retirement systems; requiring newly hired city and county employees of certain city agencies and counties to be enrolled in the Wisconsin Retirement System; fire and police commissions of first class cities; eliminating the personal property tax; reporting certain crimes and other incidents that occur on school property or school transportation; advisory referenda; local health officers; local public protection services; exceptions to local levy limits; local regulation of certain quarry operations; emergency services; local approval of projects and activities under the Warren Knowles-Gaylord Nelson Stewardship 2000 Program; requiring a referendum; and granting rule-making authority. (FE)

WI SB301

County and municipal aid; imposing a city sales tax and an additional county sales tax to pay the unfunded actuarial accrued liability of city and county retirement systems; requiring newly hired city and county employees of certain city agencies and counties to be enrolled in the Wisconsin Retirement System; fire and police commissions of first class cities; eliminating the personal property tax; reporting certain crimes and other incidents that occur on school property or school transportation; advisory referenda; local health officers; local public protection services; exceptions to local levy limits; local regulation of certain quarry operations; emergency services; local approval of projects and activities under the Warren Knowles-Gaylord Nelson Stewardship 2000 Program; requiring a referendum; and granting rule-making authority. (FE)

WI HB165

Uniform Unclaimed Property Act

WI SB237

Revised Uniform Unclaimed Property Act

WI SB01139

An Act Eliminating Property Tax On Certain Motor Vehicles And Adjusting The Uniform Property Assessment Rate.

WI SB01105

An Act Eliminating The Property Tax On Certain Motor Vehicles And Adjusting The Uniform Property Assessment Rate.

WI HB164

Revise the uniform unclaimed property act

Similar Bills

WI AB742

Eliminating obsolete statutory references regarding property, sales, and income taxes; the uniform unclaimed property act; and lottery games. (FE)

AZ HB2827

Municipal tax increment financing; infrastructure

WV HB2984

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WV HB4692

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WV HB3340

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CT SB00677

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AL SB260

Tax increment districts, redevelopment projects authorizes to continue through a subsequent tax increment district, Secs. 11-99-2, 11-99-4, 11-99-5, 11-99-6, 11-99-8, 11-99-10 am'd.

AL HB481

Tax increment districts, redevelopment projects authorizes to continue through a subsequent tax increment district, Secs. 11-99-2, 11-99-4, 11-99-5, 11-99-6, 11-99-8, 11-99-10 am'd.