Wisconsin 2023-2024 Regular Session

Wisconsin Assembly Bill AB1 Compare Versions

Only one version of the bill is available at this time.

Old	New	Differences
1	1	LRB-1501/1
2	2	KP:emw
3	3	2023 - 2024 LEGISLATURE
4	4	2023 ASSEMBLY BILL 1
5	5	January 19, 2023 - Introduced by Representatives BROOKS, KNODL, RETTINGER,
6	6	ROZAR, ALLEN, BODDEN, BRANDTJEN, DITTRICH, GUNDRUM, GUSTAFSON,
7	7	MAGNAFICI, MURPHY, PENTERMAN, SPIROS, TUSLER and BEHNKE, cosponsored by
8	8	Senators LEMAHIEU, BALLWEG, BRADLEY, CABRAL-GUEVARA, FEYEN, JAMES,
9	9	NASS, STROEBEL, TOMCZYK, HUTTON and FELZKOWSKI. Referred to Committee on
10	10	Ways and Means.
11	11	*AUTHORS SUBJECT TO CHANGE*
12	12	AN ACT to repeal 71.06 (1q), 71.06 (1r) (a), 71.06 (1r) (b), 71.06 (1r) (c), 71.06 (2)
13	13	(i), 71.06 (2) (j), 71.06 (2) (k), 71.06 (2) (km), 71.06 (2) (L), 71.06 (2) (Lm), 71.06
14	14	(2) (m), 71.06 (2) (mm), 71.06 (2e) (be), 71.06 (2e) (bm), 71.06 (2e) (bs), 71.06 (2s)
15	15	(e), 71.06 (2s) (f), 71.06 (2s) (g) and 73.03 (71); to renumber 71.06 (1r) (d); to
16	16	amend 71.06 (1q) (intro.), 71.06 (1r) (title), 71.06 (2) (i) (intro.), 71.06 (2) (j)
17	17	(intro.), 71.06 (2e) (a), 71.06 (2e) (b), 71.06 (2m), 71.06 (2s) (d), 71.125 (1), 71.125
18	18	(2), 71.17 (6), 71.64 (9) (b) (intro.), 71.67 (5) (a), 71.67 (5m), 73.03 (71) (c) 2. and
19	19	73.03 (71) (d) 2.; and to create 71.06 (1r), 71.06 (2) (k), 71.06 (2) (km), 71.06 (2)
20	20	(L), 71.06 (2) (Lm), 71.06 (2) (m), 71.06 (2) (mm), 71.06 (2) (n), 71.06 (2e) (be),
21	21	71.06 (2e) (bm), 71.06 (2e) (bs), 71.06 (2s) (e), 71.06 (2s) (f) and 71.06 (2s) (g) of
22	22	the statutes; relating to: establishing a flat individual income tax rate.
23	23	Analysis by the Legislative Reference Bureau
24	24	Under this bill, beginning in taxable year 2026, all individual taxpayers,
25	25	regardless of their income, pay the individual income tax at the rate of 3.25 percent.
26	26	In addition, for taxable years 2023 through 2025, the bill decreases individual
27	27	income tax rates each year for each tax bracket.
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38	38	11 - 2 -2023 - 2024 Legislature LRB-1501/1
39	39	KP:emw
40	40	ASSEMBLY BILL 1
41	41	Under current law, there are four income tax brackets for single individuals,
42	42	certain fiduciaries, heads of households, and married persons, and the brackets are
43	43	indexed for inflation. The rate of taxation under current law for the lowest bracket
44	44	for single individuals, certain fiduciaries, heads of households, and married persons
45	45	is 3.54 percent of taxable income. The rate for the second bracket is 4.65 percent.
46	46	The rate for the third bracket is 5.3 percent. And the rate for the highest bracket is
47	47	7.65 percent. After bracket indexing for taxable year 2022, the four brackets for
48	48	individuals, certain fiduciaries, and heads of households, to which the above rates
49	49	apply, are as follows: 1) taxable income from $0 to $12,760; 2) taxable income
50	50	exceeding $12,760 but not exceeding $25,520; 3) taxable income exceeding $25,520
51	51	but not exceeding $280,950; and 4) taxable income exceeding $280,950.
52	52	The bill establishes the following rates of taxation for taxable year 2023:
53	53	1. For the lowest tax bracket, 3.47 percent.
54	54	2. For the second bracket, 4.3 percent.
55	55	3. For the third bracket, 4.79 percent.
56	56	4. For the highest bracket, 6.55 percent.
57	57	The bill establishes the following rates of taxation for taxable year 2024:
58	58	1. For the lowest tax bracket, 3.4 percent.
59	59	2. For the second bracket, 3.95 percent.
60	60	3. For the third bracket, 4.28 percent.
61	61	4. For the highest bracket, 5.45 percent.
62	62	The bill establishes the following rates of taxation for taxable year 2025:
63	63	1. For the lowest tax bracket, 3.32 percent.
64	64	2. For the second bracket, 3.6 percent.
65	65	3. For the third bracket, 3.76 percent.
66	66	4. For the highest bracket, 4.35 percent.
67	67	Under the bill, for taxable year 2026 and after, the rate of taxation is 3.25
68	68	percent for all taxable income. The bill also requires the Department of Revenue to
69	69	update, by October 1 before the start of the applicable tax year, the individual income
70	70	tax withholding tables to reflect the tax rates, brackets, and sliding scale standard
71	71	deduction that are in effect for taxable years 2024, 2025, and 2026.
72	72	For further information see the state fiscal estimate, which will be printed as
73	73	an appendix to this bill.
74	74	The people of the state of Wisconsin, represented in senate and assembly, do
75	75	enact as follows:
76	76	SECTION 1. 71.06 (1q) (intro.) of the statutes is amended to read:1 - 3 -2023 - 2024 Legislature
77	77	LRB-1501/1
78	78	KP:emw
79	79	SECTION 1
80	80	ASSEMBLY BILL 1
81	81	71.06 (1q) FIDUCIARIES, SINGLE INDIVIDUALS, AND HEADS OF HOUSEHOLDS; AFTER
82	82	2012 2013 TO 2022. (intro.) The tax to be assessed, levied, and collected upon the taxable
83	83	incomes of all fiduciaries, except fiduciaries of nuclear decommissioning trust or
84	84	reserve funds, and single individuals and heads of households shall be computed at
85	85	the following rates for taxable years beginning after December 31, 2012, and before
86	86	January 1, 2023:
87	87	SECTION 2. 71.06 (1q) of the statutes is repealed.
88	88	SECTION 3. 71.06 (1r) (title) of the statutes, as created by 2023 Wisconsin Act
89	89	.... (this act), is amended to read:
90	90	71.06 (1r) (title) FIDUCIARIES, SINGLE INDIVIDUALS, AND HEADS OF HOUSEHOLDS;
91	91	AFTER 2022 2025.
92	92	SECTION 4. 71.06 (1r) of the statutes is created to read:
93	93	71.06 (1r) FIDUCIARIES, SINGLE INDIVIDUALS, AND HEADS OF HOUSEHOLDS; AFTER
94	94	2022. (a) The tax to be assessed, levied, and collected upon the taxable incomes of all
95	95	fiduciaries, except fiduciaries of nuclear decommissioning trust or reserve funds, and
96	96	single individuals and heads of households shall be computed at the following rates
97	97	for taxable years beginning after December 31, 2022, and before January 1, 2024:
98	98	1. On all taxable income from $0 to $7,500, 3.47 percent.
99	99	2. On all taxable income exceeding $7,500 but not exceeding $15,000, 4.30
100	100	percent.
101	101	3. On all taxable income exceeding $15,000 but not exceeding $225,000, 4.79
102	102	percent.
103	103	4. On all taxable income exceeding $225,000, 6.55 percent.
104	104	(b) The tax to be assessed, levied, and collected upon the taxable incomes of all
105	105	fiduciaries, except fiduciaries of nuclear decommissioning trust or reserve funds, and
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130	130	25 - 4 -2023 - 2024 Legislature LRB-1501/1
131	131	KP:emw
132	132	SECTION 4 ASSEMBLY BILL 1
133	133	single individuals and heads of households shall be computed at the following rates
134	134	for taxable years beginning after December 31, 2023, and before January 1, 2025:
135	135	1. On all taxable income from $0 to $7,500, 3.40 percent.
136	136	2. On all taxable income exceeding $7,500 but not exceeding $15,000, 3.95
137	137	percent.
138	138	3. On all taxable income exceeding $15,000 but not exceeding $225,000, 4.28
139	139	percent.
140	140	4. On all taxable income exceeding $225,000, 5.45 percent.
141	141	(c) The tax to be assessed, levied, and collected upon the taxable incomes of all
142	142	fiduciaries, except fiduciaries of nuclear decommissioning trust or reserve funds, and
143	143	single individuals and heads of households shall be computed at the following rates
144	144	for taxable years beginning after December 31, 2024, and before January 1, 2026:
145	145	1. On all taxable income from $0 to $7,500, 3.32 percent.
146	146	2. On all taxable income exceeding $7,500 but not exceeding $15,000, 3.60
147	147	percent.
148	148	3. On all taxable income exceeding $15,000 but not exceeding $225,000, 3.76
149	149	percent.
150	150	4. On all taxable income exceeding $225,000, 4.35 percent.
151	151	(d) The tax to be assessed, levied, and collected upon the taxable incomes of all
152	152	fiduciaries, except fiduciaries of nuclear decommissioning trust or reserve funds, and
153	153	single individuals and heads of households shall be computed at the rate of 3.25
154	154	percent for taxable years beginning after December 31, 2025.
155	155	SECTION 5. 71.06 (1r) (a) of the statutes, as created by 2023 Wisconsin Act ....
156	156	(this act), is repealed.
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180	180	24 - 5 -2023 - 2024 Legislature
181	181	LRB-1501/1
182	182	KP:emw
183	183	SECTION 6
184	184	ASSEMBLY BILL 1
185	185	SECTION 6. 71.06 (1r) (b) of the statutes, as created by 2023 Wisconsin Act ....
186	186	(this act), is repealed.
187	187	SECTION 7. 71.06 (1r) (c) of the statutes, as created by 2023 Wisconsin Act ....
188	188	(this act), is repealed.
189	189	SECTION 8. 71.06 (1r) (d) of the statutes, as created by 2023 Wisconsin Act ....
190	190	(this act), is renumbered 71.06 (1r).
191	191	SECTION 9. 71.06 (2) (i) (intro.) of the statutes is amended to read:
192	192	71.06 (2) (i) (intro.) For joint returns, for taxable years beginning after
193	193	December 31, 2012, and before January 1, 2023:
194	194	SECTION 10. 71.06 (2) (i) of the statutes is repealed.
195	195	SECTION 11. 71.06 (2) (j) (intro.) of the statutes is amended to read:
196	196	71.06 (2) (j) (intro.) For married persons filing separately, for taxable years
197	197	beginning after December 31, 2012, and before January 1, 2023:
198	198	SECTION 12. 71.06 (2) (j) of the statutes is repealed.
199	199	SECTION 13. 71.06 (2) (k) of the statutes is created to read:
200	200	71.06 (2) (k) For joint returns, for taxable years beginning after December 31,
201	201	2022, and before January 1, 2024:
202	202	1. On all taxable income from $0 to $10,000, 3.47 percent.
203	203	2. On all taxable income exceeding $10,000 but not exceeding $20,000, 4.30
204	204	percent.
205	205	3. On all taxable income exceeding $20,000 but not exceeding $300,000, 4.79
206	206	percent.
207	207	4. On all taxable income exceeding $300,000, 6.55 percent.
208	208	SECTION 14. 71.06 (2) (k) of the statutes, as created by 2023 Wisconsin Act ....
209	209	(this act), is repealed.
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234	234	25 - 6 -2023 - 2024 Legislature LRB-1501/1
235	235	KP:emw
236	236	SECTION 15 ASSEMBLY BILL 1
237	237	SECTION 15. 71.06 (2) (km) of the statutes is created to read:
238	238	71.06 (2) (km) For married persons filing separately, for taxable years
239	239	beginning after December 31, 2022, and before January 1, 2024:
240	240	1. On all taxable income from $0 to $5,000, 3.47 percent.
241	241	2. On all taxable income exceeding $5,000 but not exceeding $10,000, 4.30
242	242	percent.
243	243	3. On all taxable income exceeding $10,000 but not exceeding $150,000, 4.79
244	244	percent.
245	245	4. On all taxable income exceeding $150,000, 6.55 percent.
246	246	SECTION 16. 71.06 (2) (km) of the statutes, as created by 2023 Wisconsin Act
247	247	.... (this act), is repealed.
248	248	SECTION 17. 71.06 (2) (L) of the statutes is created to read:
249	249	71.06 (2) (L) For joint returns, for taxable years beginning after December 31,
250	250	2023, and before January 1, 2025:
251	251	1. On all taxable income from $0 to $10,000, 3.40 percent.
252	252	2. On all taxable income exceeding $10,000 but not exceeding $20,000, 3.95
253	253	percent.
254	254	3. On all taxable income exceeding $20,000 but not exceeding $300,000, 4.28
255	255	percent.
256	256	4. On all taxable income exceeding $300,000, 5.45 percent.
257	257	SECTION 18. 71.06 (2) (L) of the statutes, as created by 2023 Wisconsin Act ....
258	258	(this act), is repealed.
259	259	SECTION 19. 71.06 (2) (Lm) of the statutes is created to read:
260	260	71.06 (2) (Lm) For married persons filing separately, for taxable years
261	261	beginning after December 31, 2023, and before January 1, 2025:
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286	286	25 - 7 -2023 - 2024 Legislature
287	287	LRB-1501/1
288	288	KP:emw
289	289	SECTION 19
290	290	ASSEMBLY BILL 1
291	291	1. On all taxable income from $0 to $5,000, 3.40 percent.
292	292	2. On all taxable income exceeding $5,000 but not exceeding $10,000, 3.95
293	293	percent.
294	294	3. On all taxable income exceeding $10,000 but not exceeding $150,000, 4.28
295	295	percent.
296	296	4. On all taxable income exceeding $150,000, 5.45 percent.
297	297	SECTION 20. 71.06 (2) (Lm) of the statutes, as created by 2023 Wisconsin Act
298	298	.... (this act), is repealed.
299	299	SECTION 21. 71.06 (2) (m) of the statutes is created to read:
300	300	71.06 (2) (m) For joint returns, for taxable years beginning after December 31,
301	301	2024, and before January 1, 2026:
302	302	1. On all taxable income from $0 to $10,000, 3.32 percent.
303	303	2. On all taxable income exceeding $10,000 but not exceeding $20,000, 3.60
304	304	percent.
305	305	3. On all taxable income exceeding $20,000 but not exceeding $300,000, 3.76
306	306	percent.
307	307	4. On all taxable income exceeding $300,000, 4.35 percent.
308	308	SECTION 22. 71.06 (2) (m) of the statutes, as created by 2023 Wisconsin Act ....
309	309	(this act), is repealed.
310	310	SECTION 23. 71.06 (2) (mm) of the statutes is created to read:
311	311	71.06 (2) (mm) For married persons filing separately, for taxable years
312	312	beginning after December 31, 2024, and before January 1, 2026:
313	313	1. On all taxable income from $0 to $5,000, 3.32 percent.
314	314	2. On all taxable income exceeding $5,000 but not exceeding $10,000, 3.60
315	315	percent.
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340	340	25 - 8 -2023 - 2024 Legislature LRB-1501/1
341	341	KP:emw
342	342	SECTION 23 ASSEMBLY BILL 1
343	343	3. On all taxable income exceeding $10,000 but not exceeding $150,000, 3.76
344	344	percent.
345	345	4. On all taxable income exceeding $150,000, 4.35 percent.
346	346	SECTION 24. 71.06 (2) (mm) of the statutes, as created by 2023 Wisconsin Act
347	347	.... (this act), is repealed.
348	348	SECTION 25. 71.06 (2) (n) of the statutes is created to read:
349	349	71.06 (2) (n) For joint returns and married persons filing separately, for taxable
350	350	years beginning after December 31, 2025, on all taxable income 3.25 percent.
351	351	SECTION 26. 71.06 (2e) (a) of the statutes is amended to read:
352	352	71.06 (2e) (a) For taxable years beginning after December 31, 1998, and before
353	353	January 1, 2000, the maximum dollar amount in each tax bracket, and the
354	354	corresponding minimum dollar amount in the next bracket, under subs. (1m) and (2)
355	355	(c) and (d), and for taxable years beginning after December 31, 1999, and before
356	356	January 1, 2023, the maximum dollar amount in each tax bracket, and the
357	357	corresponding minimum dollar amount in the next bracket, under subs. (1n), (1p) (a)
358	358	to (c), (1q) (a) and (b), and (2) (e), (f), (g) 1. to 3., (h) 1. to 3., (i) 1. and 2., and (j) 1. and
359	359	2., shall be increased each year by a percentage equal to the percentage change
360	360	between the U.S. consumer price index for all urban consumers, U.S. city average,
361	361	for the month of August of the previous year and the U.S. consumer price index for
362	362	all urban consumers, U.S. city average, for the month of August 1997, as determined
363	363	by the federal department of labor, except that for taxable years beginning after
364	364	December 31, 2000, and before January 1, 2002, the dollar amount in the top bracket
365	365	under subs. (1p) (c) and (d), (2) (g) 3. and 4. and (h) 3. and 4. shall be increased by a
366	366	percentage equal to the percentage change between the U.S. consumer price index
367	367	for all urban consumers, U.S. city average, for the month of August of the previous
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392	392	25 - 9 -2023 - 2024 Legislature
393	393	LRB-1501/1
394	394	KP:emw
395	395	SECTION 26
396	396	ASSEMBLY BILL 1
397	397	year and the U.S. consumer price index for all urban consumers, U.S. city average,
398	398	for the month of August 1999, as determined by the federal department of labor,
399	399	except that for taxable years beginning after December 31, 2011, the adjustment may
400	400	occur only if the resulting amount is greater than the corresponding amount that was
401	401	calculated for the previous year.
402	402	SECTION 27. 71.06 (2e) (a) of the statutes, as affected by 2023 Wisconsin Act ....
403	403	(this act), is amended to read:
404	404	71.06 (2e) (a) For taxable years beginning after December 31, 1998, and before
405	405	January 1, 2000, the maximum dollar amount in each tax bracket, and the
406	406	corresponding minimum dollar amount in the next bracket, under subs. (1m) and (2)
407	407	(c) and (d), and for taxable years beginning after December 31, 1999, and before
408	408	January 1, 2023, the maximum dollar amount in each tax bracket, and the
409	409	corresponding minimum dollar amount in the next bracket, under subs. (1n), (1p) (a)
410	410	to (c), (1q) (a) and (b), and (2) (e), (f), (g) 1. to 3., and (h) 1. to 3., (i) 1. and 2., and (j)
411	411	1. and 2., shall be increased each year by a percentage equal to the percentage change
412	412	between the U.S. consumer price index for all urban consumers, U.S. city average,
413	413	for the month of August of the previous year and the U.S. consumer price index for
414	414	all urban consumers, U.S. city average, for the month of August 1997, as determined
415	415	by the federal department of labor, except that for taxable years beginning after
416	416	December 31, 2000, and before January 1, 2002, the dollar amount in the top bracket
417	417	under subs. (1p) (c) and (d), (2) (g) 3. and 4. and (h) 3. and 4. shall be increased by a
418	418	percentage equal to the percentage change between the U.S. consumer price index
419	419	for all urban consumers, U.S. city average, for the month of August of the previous
420	420	year and the U.S. consumer price index for all urban consumers, U.S. city average,
421	421	for the month of August 1999, as determined by the federal department of labor,
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446	446	25 - 10 -2023 - 2024 Legislature LRB-1501/1
447	447	KP:emw
448	448	SECTION 27 ASSEMBLY BILL 1
449	449	except that for taxable years beginning after December 31, 2011, the adjustment may
450	450	occur only if the resulting amount is greater than the corresponding amount that was
451	451	calculated for the previous year.
452	452	SECTION 28. 71.06 (2e) (b) of the statutes is amended to read:
453	453	71.06 (2e) (b) For taxable years beginning after December 31, 2009, and before
454	454	January 1, 2023, the maximum dollar amount in each tax bracket, and the
455	455	corresponding minimum dollar amount in the next bracket, under subs. (1p) (d), (1q)
456	456	(c), and (2) (g) 4., (h) 4., (i) 3., and (j) 3., and the dollar amount in the top bracket under
457	457	subs. (1p) (e), (1q) (d), and (2) (g) 5., (h) 5., (i) 4., and (j) 4., shall be increased each year
458	458	by a percentage equal to the percentage change between the U.S. consumer price
459	459	index for all urban consumers, U.S. city average, for the month of August of the
460	460	previous year and the U.S. consumer price index for all urban consumers, U.S. city
461	461	average, for the month of August 2008, as determined by the federal department of
462	462	labor, except that for taxable years beginning after December 31, 2011, the
463	463	adjustment may occur only if the resulting amount is greater than the corresponding
464	464	amount that was calculated for the previous year.
465	465	SECTION 29. 71.06 (2e) (b) of the statutes, as affected by 2023 Wisconsin Act ....
466	466	(this act), is amended to read:
467	467	71.06 (2e) (b) For taxable years beginning after December 31, 2009, and before
468	468	January 1, 2023, the maximum dollar amount in each tax bracket, and the
469	469	corresponding minimum dollar amount in the next bracket, under subs. (1p) (d), (1q)
470	470	(c), and (2) (g) 4., and (h) 4., (i) 3., and (j) 3., and the dollar amount in the top bracket
471	471	under subs. (1p) (e), (1q) (d), and (2) (g) 5., and (h) 5., (i) 4., and (j) 4., shall be increased
472	472	each year by a percentage equal to the percentage change between the U.S. consumer
473	473	price index for all urban consumers, U.S. city average, for the month of August of the
474	474	1
475	475	2
476	476	3
477	477	4
478	478	5
479	479	6
480	480	7
481	481	8
482	482	9
483	483	10
484	484	11
485	485	12
486	486	13
487	487	14
488	488	15
489	489	16
490	490	17
491	491	18
492	492	19
493	493	20
494	494	21
495	495	22
496	496	23
497	497	24
498	498	25 - 11 -2023 - 2024 Legislature
499	499	LRB-1501/1
500	500	KP:emw
501	501	SECTION 29
502	502	ASSEMBLY BILL 1
503	503	previous year and the U.S. consumer price index for all urban consumers, U.S. city
504	504	average, for the month of August 2008, as determined by the federal department of
505	505	labor, except that for taxable years beginning after December 31, 2011, the
506	506	adjustment may occur only if the resulting amount is greater than the corresponding
507	507	amount that was calculated for the previous year.
508	508	SECTION 30. 71.06 (2e) (be) of the statutes is created to read:
509	509	71.06 (2e) (be) 1. For taxable years beginning after December 31, 2022, and
510	510	before January 1, 2024, the maximum dollar amount in each tax bracket, and the
511	511	corresponding minimum dollar amount in the next bracket, under subs. (1r) (a) 1.
512	512	and 2. and (2) (k) 1. and 2. and (km) 1. and 2., shall be increased by a percentage equal
513	513	to the percentage change between the U.S. consumer price index for all urban
514	514	consumers, U.S. city average, for the month of August of the previous year and the
515	515	U.S. consumer price index for all urban consumers, U.S. city average, for the month
516	516	of August 1997, as determined by the federal department of labor, except that the
517	517	adjustment may occur only if the resulting amount is greater than the corresponding
518	518	amount that was calculated for the previous year.
519	519	2. For taxable years beginning after December 31, 2022, and before January
520	520	1, 2024, the maximum dollar amount in each tax bracket, and the corresponding
521	521	minimum dollar amount in the next bracket, under subs. (1r) (a) 3. and (2) (k) 3. and
522	522	(km) 3., and the dollar amount in the top bracket under subs. (1r) (a) 4. and (2) (k)
523	523	4. and (km) 4., shall be increased by a percentage equal to the percentage change
524	524	between the U.S. consumer price index for all urban consumers, U.S. city average,
525	525	for the month of August of the previous year and the U.S. consumer price index for
526	526	all urban consumers, U.S. city average, for the month of August 2008, as determined
527	527	by the federal department of labor, except that the adjustment may occur only if the
528	528	1
529	529	2
530	530	3
531	531	4
532	532	5
533	533	6
534	534	7
535	535	8
536	536	9
537	537	10
538	538	11
539	539	12
540	540	13
541	541	14
542	542	15
543	543	16
544	544	17
545	545	18
546	546	19
547	547	20
548	548	21
549	549	22
550	550	23
551	551	24
552	552	25 - 12 -2023 - 2024 Legislature LRB-1501/1
553	553	KP:emw
554	554	SECTION 30 ASSEMBLY BILL 1
555	555	resulting amount is greater than the corresponding amount that was calculated for
556	556	the previous year.
557	557	SECTION 31. 71.06 (2e) (be) of the statutes, as created by 2023 Wisconsin Act
558	558	.... (this act), is repealed.
559	559	SECTION 32. 71.06 (2e) (bm) of the statutes is created to read:
560	560	71.06 (2e) (bm) 1. For taxable years beginning after December 31, 2023, and
561	561	before January 1, 2025, the maximum dollar amount in each tax bracket, and the
562	562	corresponding minimum dollar amount in the next bracket, under subs. (1r) (b) 1.
563	563	and 2. and (2) (L) 1. and 2. and (Lm) 1. and 2., shall be increased by a percentage equal
564	564	to the percentage change between the U.S. consumer price index for all urban
565	565	consumers, U.S. city average, for the month of August of the previous year and the
566	566	U.S. consumer price index for all urban consumers, U.S. city average, for the month
567	567	of August 1997, as determined by the federal department of labor, except that the
568	568	adjustment may occur only if the resulting amount is greater than the corresponding
569	569	amount that was calculated for the previous year.
570	570	2. For taxable years beginning after December 31, 2023, and before January
571	571	1, 2025, the maximum dollar amount in each tax bracket, and the corresponding
572	572	minimum dollar amount in the next bracket, under subs. (1r) (b) 3. and (2) (L) 3. and
573	573	(Lm) 3., and the dollar amount in the top bracket under subs. (1r) (b) 4. and (2) (L)
574	574	4. and (Lm) 4., shall be increased by a percentage equal to the percentage change
575	575	between the U.S. consumer price index for all urban consumers, U.S. city average,
576	576	for the month of August of the previous year and the U.S. consumer price index for
577	577	all urban consumers, U.S. city average, for the month of August 2008, as determined
578	578	by the federal department of labor, except that the adjustment may occur only if the
579	579	1
580	580	2
581	581	3
582	582	4
583	583	5
584	584	6
585	585	7
586	586	8
587	587	9
588	588	10
589	589	11
590	590	12
591	591	13
592	592	14
593	593	15
594	594	16
595	595	17
596	596	18
597	597	19
598	598	20
599	599	21
600	600	22
601	601	23
602	602	24 - 13 -2023 - 2024 Legislature
603	603	LRB-1501/1
604	604	KP:emw
605	605	SECTION 32
606	606	ASSEMBLY BILL 1
607	607	resulting amount is greater than the corresponding amount that was calculated for
608	608	the previous year.
609	609	SECTION 33. 71.06 (2e) (bm) of the statutes, as created by 2023 Wisconsin Act
610	610	.... (this act), is repealed.
611	611	SECTION 34. 71.06 (2e) (bs) of the statutes is created to read:
612	612	71.06 (2e) (bs) 1. For taxable years beginning after December 31, 2024, and
613	613	before January 1, 2026, the maximum dollar amount in each tax bracket, and the
614	614	corresponding minimum dollar amount in the next bracket, under subs. (1r) (c) 1.
615	615	and 2. and (2) (m) 1. and 2. and (mm) 1. and 2., shall be increased by a percentage
616	616	equal to the percentage change between the U.S. consumer price index for all urban
617	617	consumers, U.S. city average, for the month of August of the previous year and the
618	618	U.S. consumer price index for all urban consumers, U.S. city average, for the month
619	619	of August 1997, as determined by the federal department of labor, except that the
620	620	adjustment may occur only if the resulting amount is greater than the corresponding
621	621	amount that was calculated for the previous year.
622	622	2. For taxable years beginning after December 31, 2024, and before January
623	623	1, 2026, the maximum dollar amount in each tax bracket, and the corresponding
624	624	minimum dollar amount in the next bracket, under subs. (1r) (c) 3. and (2) (m) 3. and
625	625	(mm) 3., and the dollar amount in the top bracket under subs. (1r) (c) 4. and (2) (m)
626	626	4. and (mm) 4., shall be increased by a percentage equal to the percentage change
627	627	between the U.S. consumer price index for all urban consumers, U.S. city average,
628	628	for the month of August of the previous year and the U.S. consumer price index for
629	629	all urban consumers, U.S. city average, for the month of August 2008, as determined
630	630	by the federal department of labor, except that the adjustment may occur only if the
631	631	1
632	632	2
633	633	3
634	634	4
635	635	5
636	636	6
637	637	7
638	638	8
639	639	9
640	640	10
641	641	11
642	642	12
643	643	13
644	644	14
645	645	15
646	646	16
647	647	17
648	648	18
649	649	19
650	650	20
651	651	21
652	652	22
653	653	23
654	654	24 - 14 -2023 - 2024 Legislature LRB-1501/1
655	655	KP:emw
656	656	SECTION 34 ASSEMBLY BILL 1
657	657	resulting amount is greater than the corresponding amount that was calculated for
658	658	the previous year.
659	659	SECTION 35. 71.06 (2e) (bs) of the statutes, as created by 2023 Wisconsin Act
660	660	.... (this act), is repealed.
661	661	SECTION 36. 71.06 (2m) of the statutes is amended to read:
662	662	71.06 (2m) RATE CHANGES. If a rate under sub. (1), (1m), (1n), (1p), (1q), (1r),
663	663	or (2) changes during a taxable year, the taxpayer shall compute the tax for that
664	664	taxable year by the methods applicable to the federal income tax under section 15 of
665	665	the Internal Revenue Code.
666	666	SECTION 37. 71.06 (2m) of the statutes, as affected by 2023 Wisconsin Act ....
667	667	(this act), is amended to read:
668	668	71.06 (2m) RATE CHANGES. If a rate under sub. (1), (1m), (1n), (1p), (1q), (1r),
669	669	or (2) changes during a taxable year, the taxpayer shall compute the tax for that
670	670	taxable year by the methods applicable to the federal income tax under section 15 of
671	671	the Internal Revenue Code.
672	672	SECTION 38. 71.06 (2s) (d) of the statutes is amended to read:
673	673	71.06 (2s) (d) For taxable years beginning after December 31, 2000, and before
674	674	January 1, 2023, with respect to nonresident individuals, including individuals
675	675	changing their domicile into or from this state, the tax brackets under subs. (1p), (1q),
676	676	and (2) (g), (h), (i), and (j) shall be multiplied by a fraction, the numerator of which
677	677	is Wisconsin adjusted gross income and the denominator of which is federal adjusted
678	678	gross income. In this paragraph, for married persons filing separately “adjusted
679	679	gross income" means the separate adjusted gross income of each spouse, and for
680	680	married persons filing jointly “adjusted gross income" means the total adjusted gross
681	681	income of both spouses. If an individual and that individual's spouse are not both
682	682	1
683	683	2
684	684	3
685	685	4
686	686	5
687	687	6
688	688	7
689	689	8
690	690	9
691	691	10
692	692	11
693	693	12
694	694	13
695	695	14
696	696	15
697	697	16
698	698	17
699	699	18
700	700	19
701	701	20
702	702	21
703	703	22
704	704	23
705	705	24
706	706	25 - 15 -2023 - 2024 Legislature
707	707	LRB-1501/1
708	708	KP:emw
709	709	SECTION 38
710	710	ASSEMBLY BILL 1
711	711	domiciled in this state during the entire taxable year, the tax brackets under subs.
712	712	(1p), (1q), and (2) (g), (h), (i), and (j) on a joint return shall be multiplied by a fraction,
713	713	the numerator of which is their joint Wisconsin adjusted gross income and the
714	714	denominator of which is their joint federal adjusted gross income.
715	715	SECTION 39. 71.06 (2s) (d) of the statutes, as affected by 2023 Wisconsin Act ....
716	716	(this act), is amended to read:
717	717	71.06 (2s) (d) For taxable years beginning after December 31, 2000, and before
718	718	January 1, 2023, with respect to nonresident individuals, including individuals
719	719	changing their domicile into or from this state, the tax brackets under subs. (1p), (1q),
720	720	and (2) (g), and (h), (i), and (j) shall be multiplied by a fraction, the numerator of
721	721	which is Wisconsin adjusted gross income and the denominator of which is federal
722	722	adjusted gross income. In this paragraph, for married persons filing separately
723	723	“adjusted gross income" means the separate adjusted gross income of each spouse,
724	724	and for married persons filing jointly “adjusted gross income" means the total
725	725	adjusted gross income of both spouses. If an individual and that individual's spouse
726	726	are not both domiciled in this state during the entire taxable year, the tax brackets
727	727	under subs. (1p), (1q), and (2) (g), and (h), (i), and (j) on a joint return shall be
728	728	multiplied by a fraction, the numerator of which is their joint Wisconsin adjusted
729	729	gross income and the denominator of which is their joint federal adjusted gross
730	730	income.
731	731	SECTION 40. 71.06 (2s) (e) of the statutes is created to read:
732	732	71.06 (2s) (e) For taxable years beginning after December 31, 2022, and before
733	733	January 1, 2024, with respect to nonresident individuals, including individuals
734	734	changing their domicile into or from this state, the tax brackets under subs. (1r) (a)
735	735	and (2) (k) and (km) shall be multiplied by a fraction, the numerator of which is
736	736	1
737	737	2
738	738	3
739	739	4
740	740	5
741	741	6
742	742	7
743	743	8
744	744	9
745	745	10
746	746	11
747	747	12
748	748	13
749	749	14
750	750	15
751	751	16
752	752	17
753	753	18
754	754	19
755	755	20
756	756	21
757	757	22
758	758	23
759	759	24
760	760	25 - 16 -2023 - 2024 Legislature LRB-1501/1
761	761	KP:emw
762	762	SECTION 40 ASSEMBLY BILL 1
763	763	Wisconsin adjusted gross income and the denominator of which is federal adjusted
764	764	gross income. In this paragraph, for married persons filing separately “adjusted
765	765	gross income" means the separate adjusted gross income of each spouse, and for
766	766	married persons filing jointly “adjusted gross income" means the total adjusted gross
767	767	income of both spouses. If an individual and that individual's spouse are not both
768	768	domiciled in this state during the entire taxable year, the tax brackets under subs.
769	769	(1r) (a) and (2) (k) and (km) on a joint return shall be multiplied by a fraction, the
770	770	numerator of which is their joint Wisconsin adjusted gross income and the
771	771	denominator of which is their joint federal adjusted gross income.
772	772	SECTION 41. 71.06 (2s) (e) of the statutes, as created by 2023 Wisconsin Act ....
773	773	(this act), is repealed.
774	774	SECTION 42. 71.06 (2s) (f) of the statutes is created to read:
775	775	71.06 (2s) (f) For taxable years beginning after December 31, 2023, and before
776	776	January 1, 2025, with respect to nonresident individuals, including individuals
777	777	changing their domicile into or from this state, the tax brackets under subs. (1r) (b)
778	778	and (2) (L) and (Lm) shall be multiplied by a fraction, the numerator of which is
779	779	Wisconsin adjusted gross income and the denominator of which is federal adjusted
780	780	gross income. In this paragraph, for married persons filing separately “adjusted
781	781	gross income" means the separate adjusted gross income of each spouse, and for
782	782	married persons filing jointly “adjusted gross income" means the total adjusted gross
783	783	income of both spouses. If an individual and that individual's spouse are not both
784	784	domiciled in this state during the entire taxable year, the tax brackets under subs.
785	785	(1r) (b) and (2) (L) and (Lm) on a joint return shall be multiplied by a fraction, the
786	786	numerator of which is their joint Wisconsin adjusted gross income and the
787	787	denominator of which is their joint federal adjusted gross income.
788	788	1
789	789	2
790	790	3
791	791	4
792	792	5
793	793	6
794	794	7
795	795	8
796	796	9
797	797	10
798	798	11
799	799	12
800	800	13
801	801	14
802	802	15
803	803	16
804	804	17
805	805	18
806	806	19
807	807	20
808	808	21
809	809	22
810	810	23
811	811	24
812	812	25 - 17 -2023 - 2024 Legislature
813	813	LRB-1501/1
814	814	KP:emw
815	815	SECTION 43
816	816	ASSEMBLY BILL 1
817	817	SECTION 43. 71.06 (2s) (f) of the statutes, as created by 2023 Wisconsin Act ....
818	818	(this act), is repealed.
819	819	SECTION 44. 71.06 (2s) (g) of the statutes is created to read:
820	820	71.06 (2s) (g) For taxable years beginning after December 31, 2024, and before
821	821	January 1, 2026, with respect to nonresident individuals, including individuals
822	822	changing their domicile into or from this state, the tax brackets under subs. (1r) (c)
823	823	and (2) (m) and (mm) shall be multiplied by a fraction, the numerator of which is
824	824	Wisconsin adjusted gross income and the denominator of which is federal adjusted
825	825	gross income. In this paragraph, for married persons filing separately “adjusted
826	826	gross income" means the separate adjusted gross income of each spouse, and for
827	827	married persons filing jointly “adjusted gross income" means the total adjusted gross
828	828	income of both spouses. If an individual and that individual's spouse are not both
829	829	domiciled in this state during the entire taxable year, the tax brackets under subs.
830	830	(1r) (c) and (2) (m) and (mm) on a joint return shall be multiplied by a fraction, the
831	831	numerator of which is their joint Wisconsin adjusted gross income and the
832	832	denominator of which is their joint federal adjusted gross income.
833	833	SECTION 45. 71.06 (2s) (g) of the statutes, as created by 2023 Wisconsin Act ....
834	834	(this act), is repealed.
835	835	SECTION 46. 71.125 (1) of the statutes is amended to read:
836	836	71.125 (1) Except as provided in sub. (2), the tax imposed by this chapter on
837	837	individuals and the rates under s. 71.06 (1), (1m), (1n), (1p), (1q), (1r), and (2) shall
838	838	apply to the Wisconsin taxable income of estates or trusts, except nuclear
839	839	decommissioning trust or reserve funds, and that tax shall be paid by the fiduciary.
840	840	SECTION 47. 71.125 (1) of the statutes, as affected by 2023 Wisconsin Act ....
841	841	(this act), is amended to read:
842	842	1
843	843	2
844	844	3
845	845	4
846	846	5
847	847	6
848	848	7
849	849	8
850	850	9
851	851	10
852	852	11
853	853	12
854	854	13
855	855	14
856	856	15
857	857	16
858	858	17
859	859	18
860	860	19
861	861	20
862	862	21
863	863	22
864	864	23
865	865	24
866	866	25 - 18 -2023 - 2024 Legislature LRB-1501/1
867	867	KP:emw
868	868	SECTION 47 ASSEMBLY BILL 1
869	869	71.125 (1) Except as provided in sub. (2), the tax imposed by this chapter on
870	870	individuals and the rates under s. 71.06 (1), (1m), (1n), (1p), (1q), (1r), and (2) shall
871	871	apply to the Wisconsin taxable income of estates or trusts, except nuclear
872	872	decommissioning trust or reserve funds, and that tax shall be paid by the fiduciary.
873	873	SECTION 48. 71.125 (2) of the statutes is amended to read:
874	874	71.125 (2) Each electing small business trust, as defined in section 1361 (e) (1)
875	875	of the Internal Revenue Code, is subject to tax at the highest rate under s. 71.06 (1),
876	876	(1m), (1n), (1p), or (1q), or (1r), whichever taxable year is applicable, on its income
877	877	as computed under section 641 of the Internal Revenue Code, as modified by s. 71.05
878	878	(6) to (12), (19) and (20).
879	879	SECTION 49. 71.125 (2) of the statutes, as affected by 2023 Wisconsin Act ....
880	880	(this act), is amended to read:
881	881	71.125 (2) Each electing small business trust, as defined in section 1361 (e) (1)
882	882	of the Internal Revenue Code, is subject to tax at the highest rate under s. 71.06 (1),
883	883	(1m), (1n), (1p), (1q), or (1r), whichever taxable year is applicable, on its income as
884	884	computed under section 641 of the Internal Revenue Code, as modified by s. 71.05
885	885	(6) to (12), (19) and (20).
886	886	SECTION 50. 71.17 (6) of the statutes is amended to read:
887	887	71.17 (6) FUNERAL TRUSTS. If a qualified funeral trust makes the election under
888	888	section 685 of the Internal Revenue Code for federal income tax purposes, that
889	889	election applies for purposes of this chapter and each trust shall compute its own tax
890	890	and shall apply the rates under s. 71.06 (1), (1m), (1n), (1p), or (1q), or (1r).
891	891	SECTION 51. 71.17 (6) of the statutes, as affected by 2023 Wisconsin Act .... (this
892	892	act), is amended to read:
893	893	1
894	894	2
895	895	3
896	896	4
897	897	5
898	898	6
899	899	7
900	900	8
901	901	9
902	902	10
903	903	11
904	904	12
905	905	13
906	906	14
907	907	15
908	908	16
909	909	17
910	910	18
911	911	19
912	912	20
913	913	21
914	914	22
915	915	23
916	916	24 - 19 -2023 - 2024 Legislature
917	917	LRB-1501/1
918	918	KP:emw
919	919	SECTION 51
920	920	ASSEMBLY BILL 1
921	921	71.17 (6) FUNERAL TRUSTS. If a qualified funeral trust makes the election under
922	922	section 685 of the Internal Revenue Code for federal income tax purposes, that
923	923	election applies for purposes of this chapter and each trust shall compute its own tax
924	924	and shall apply the rates under s. 71.06 (1), (1m), (1n), (1p), (1q), or (1r).
925	925	SECTION 52. 71.64 (9) (b) (intro.) of the statutes is amended to read:
926	926	71.64 (9) (b) (intro.) The department shall from time to time adjust the
927	927	withholding tables to reflect any changes in income tax rates, any applicable surtax
928	928	or any changes in dollar amounts in s. 71.06 (1), (1m), (1n), (1p), (1q), (1r), and (2)
929	929	resulting from statutory changes, except as follows:
930	930	SECTION 53. 71.64 (9) (b) (intro.) of the statutes, as affected by 2023 Wisconsin
931	931	Act .... (this act), is amended to read:
932	932	71.64 (9) (b) (intro.) The department shall from time to time adjust the
933	933	withholding tables to reflect any changes in income tax rates, any applicable surtax
934	934	or any changes in dollar amounts in s. 71.06 (1), (1m), (1n), (1p), (1q), (1r), and (2)
935	935	resulting from statutory changes, except as follows:
936	936	SECTION 54. 71.67 (5) (a) of the statutes is amended to read:
937	937	71.67 (5) (a) Wager winnings. A person holding a license to sponsor and
938	938	manage races under s. 562.05 (1) (b) or (c) shall withhold from the amount of any
939	939	payment of pari-mutuel winnings under s. 562.065 (3) (a) or (3m) (a) an amount
940	940	determined by multiplying the amount of the payment by the highest rate applicable
941	941	to individuals under s. 71.06 (1) (a) to (c), (1m), (1n), (1p), or (1q), or (1r) if the amount
942	942	of the payment is more than $1,000.
943	943	SECTION 55. 71.67 (5) (a) of the statutes, as affected by 2023 Wisconsin Act ....
944	944	(this act), is amended to read:
945	945	1
946	946	2
947	947	3
948	948	4
949	949	5
950	950	6
951	951	7
952	952	8
953	953	9
954	954	10
955	955	11
956	956	12
957	957	13
958	958	14
959	959	15
960	960	16
961	961	17
962	962	18
963	963	19
964	964	20
965	965	21
966	966	22
967	967	23
968	968	24 - 20 -2023 - 2024 Legislature LRB-1501/1
969	969	KP:emw
970	970	SECTION 55 ASSEMBLY BILL 1
971	971	71.67 (5) (a) Wager winnings. A person holding a license to sponsor and
972	972	manage races under s. 562.05 (1) (b) or (c) shall withhold from the amount of any
973	973	payment of pari-mutuel winnings under s. 562.065 (3) (a) or (3m) (a) an amount
974	974	determined by multiplying the amount of the payment by the highest rate applicable
975	975	to individuals under s. 71.06 (1) (a) to (c), (1m), (1n), (1p), (1q), or (1r) if the amount
976	976	of the payment is more than $1,000.
977	977	SECTION 56. 71.67 (5m) of the statutes is amended to read:
978	978	71.67 (5m) WITHHOLDING FROM PAYMENTS TO PURCHASE ASSIGNMENT OF LOTTERY
979	979	PRIZE. A person that purchases an assignment of a lottery prize shall withhold from
980	980	the amount of any payment made to purchase the assignment the amount that is
981	981	determined by multiplying the amount of the payment by the highest rate applicable
982	982	to individuals under s. 71.06 (1) (a) to (c), (1m), (1n), (1p), or (1q), or (1r). Subsection
983	983	(5) (b), (c) and (d), as it applies to the amounts withheld under sub. (5) (a), applies
984	984	to the amount withheld under this subsection.
985	985	SECTION 57. 71.67 (5m) of the statutes, as affected by 2023 Wisconsin Act ....
986	986	(this act), is amended to read:
987	987	71.67 (5m) WITHHOLDING FROM PAYMENTS TO PURCHASE ASSIGNMENT OF LOTTERY
988	988	PRIZE. A person that purchases an assignment of a lottery prize shall withhold from
989	989	the amount of any payment made to purchase the assignment the amount that is
990	990	determined by multiplying the amount of the payment by the highest rate applicable
991	991	to individuals under s. 71.06 (1) (a) to (c), (1m), (1n), (1p), (1q), or (1r). Subsection
992	992	(5) (b), (c) and (d), as it applies to the amounts withheld under sub. (5) (a), applies
993	993	to the amount withheld under this subsection.
994	994	SECTION 58. 73.03 (71) of the statutes is repealed.
995	995	SECTION 59. 73.03 (71) (c) 2. of the statutes is amended to read:
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1020	1020	25 - 21 -2023 - 2024 Legislature
1021	1021	LRB-1501/1
1022	1022	KP:emw
1023	1023	SECTION 59
1024	1024	ASSEMBLY BILL 1
1025	1025	73.03 (71) (c) 2. No later than October 20, 2020, the secretary of revenue shall
1026	1026	certify and report the determinations made under pars. (a) 2. and (b) 2. to the
1027	1027	secretary of the department of administration, the governor, the joint committee on
1028	1028	finance, and the legislative audit bureau and specify with that certification and
1029	1029	report that the new tax rates take effect for the taxable year beginning after
1030	1030	December 31, 2019, and before January 1, 2021, and for each taxable year thereafter
1031	1031	beginning after December 31, 2020, and before January 1, 2023, subject to par. (d)
1032	1032	2.
1033	1033	SECTION 60. 73.03 (71) (d) 2. of the statutes is amended to read:
1034	1034	73.03 (71) (d) 2. The legislative audit bureau shall review the determinations
1035	1035	reported under par. (c) 2. and report its findings to the joint legislative audit
1036	1036	committee and the joint committee on finance no later than November 1, 2020. If the
1037	1037	legislative audit bureau's review of the determinations reported under par. (c) 2.
1038	1038	results in a different calculation of the tax rates than that made under par. (b) 2., the
1039	1039	joint committee on finance shall determine which tax rates to apply to the taxable
1040	1040	year beginning after December 31, 2019, and before January 1, 2021, and to each
1041	1041	taxable year thereafter beginning after December 31, 2020, and before January 1,
1042	1042	2023, and report its determination to the governor, the secretary of administration,
1043	1043	and the secretary of revenue no later than November 10, 2020.
1044	1044	SECTION 61.0Nonstatutory provisions.
1045	1045	(1) WITHHOLDING TABLE ADJUSTMENTS FOR 2024. No later than October 1, 2023,
1046	1046	the department of revenue shall update the individual income tax withholding tables
1047	1047	under s. 71.64 (9) to reflect the tax rates, brackets, and sliding scale standard
1048	1048	deduction that are in effect for taxable year 2024. The adjustments made under this
1049	1049	subsection to the withholding tables shall take effect on January 1, 2024.
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1074	1074	25 - 22 -2023 - 2024 Legislature LRB-1501/1
1075	1075	KP:emw
1076	1076	SECTION 61 ASSEMBLY BILL 1
1077	1077	(2) WITHHOLDING TABLE ADJUSTMENTS FOR 2025. No later than October 1, 2024,
1078	1078	the department of revenue shall update the individual income tax withholding tables
1079	1079	under s. 71.64 (9) to reflect the tax rates, brackets, and sliding scale standard
1080	1080	deduction that are in effect for taxable year 2025. The adjustments made under this
1081	1081	subsection to the withholding tables shall take effect on January 1, 2025.
1082	1082	(3) WITHHOLDING TABLE ADJUSTMENTS FOR 2026. No later than October 1, 2025,
1083	1083	the department of revenue shall update the individual income tax withholding tables
1084	1084	under s. 71.64 (9) to reflect the tax rate and sliding scale standard deduction that is
1085	1085	in effect for taxable year 2026. The adjustments made under this subsection to the
1086	1086	withholding tables shall take effect on January 1, 2026.
1087	1087	SECTION 62.0Effective dates. This act takes effect on the day after publication,
1088	1088	except as follows:
1089	1089	(1) The treatment of ss. 71.06 (1q) (by SECTION 2), (2) (i) (by SECTION 10) and (j)
1090	1090	(by SECTION 12), (2e) (a) (by SECTION 27) and (b) (by SECTION 29), (2m) (by SECTION 37),
1091	1091	and (2s) (d) (by SECTION 39), 71.125 (1) (by SECTION 47) and (2) (by SECTION 49), 71.17
1092	1092	(6) (by SECTION 51), 71.64 (9) (b) (intro.) (by SECTION 53), 71.67 (5) (a) (by SECTION 55)
1093	1093	and (5m) (by SECTION 57), and 73.03 (71) (by SECTION 58) takes effect on January 1,
1094	1094	2029.
1095	1095	(2) The treatment of s. 71.06 (1r) (a) (by SECTION 5), (2) (k) (by SECTION 14) and
1096	1096	(km) (by SECTION 16), (2e) (be) (by SECTION 31), and (2s) (e) (by SECTION 41) takes effect
1097	1097	on January 1, 2030.
1098	1098	(3) The treatment of s. 71.06 (1r) (b) (by SECTION 6), (2) (L) (by SECTION 18) and
1099	1099	(Lm) (by SECTION 20), (2e) (bm) (by SECTION 33), and (2s) (f) (by SECTION 43) takes
1100	1100	effect on January 1, 2031.
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1124	1124	24 - 23 -2023 - 2024 Legislature
1125	1125	LRB-1501/1
1126	1126	KP:emw
1127	1127	SECTION 62
1128	1128	ASSEMBLY BILL 1
1129	1129	(4) The treatment of s. 71.06 (1r) (title) (by SECTION 3), (c) (by SECTION 7), and
1130	1130	(d) (by SECTION 8), (2) (m) (by SECTION 22) and (mm) (by SECTION 24), (2e) (bs) (by
1131	1131	SECTION 35), and (2s) (g) (by SECTION 45) takes effect on January 1, 2032.
1132	1132	(END)
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