Wisconsin 2023-2024 Regular Session

Wisconsin Assembly Bill AB102 Compare Versions

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

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3	3	2023 - 2024 LEGISLATURE
4	4	2023 ASSEMBLY BILL 102
5	5	March 8, 2023 - Introduced by Representatives EDMING, MACCO, ALLEN, ANDRACA,
6	6	ARMSTRONG, BALDEH, BRANDTJEN, CONLEY, DITTRICH, GOEBEN, GREEN,
7	7	MICHALSKI, MURSAU, OHNSTAD, ORTIZ-VELEZ, PENTERMAN, PETRYK, PLUMER,
8	8	ROZAR, SHANKLAND, SINICKI, SUMMERFIELD, TUSLER and WICHGERS, cosponsored
9	9	by Senators JACQUE, TESTIN, JAMES, QUINN, SPREITZER, TAYLOR and WIRCH.
10	10	Referred to Committee on Ways and Means.
11	11	*AUTHORS SUBJECT TO CHANGE*
12	12	AN ACT to amend 71.07 (6e) (a) 2. b. and 71.07 (6e) (a) 3. d.; and to create 71.07
13	13	(6e) (c) 4. of the statutes; relating to: reducing the eligibility threshold to claim
14	14	the veterans and surviving spouses property tax credit.
15	15	Analysis by the Legislative Reference Bureau
16	16	This bill reduces the eligibility threshold for an eligible veteran, the spouse of
17	17	an eligible veteran, and the unremarried surviving spouse of an eligible veteran to
18	18	claim the veterans and surviving spouses property tax credit under the individual
19	19	income tax system. Under the bill, a claimant may claim the credit if the claimant's
20	20	service-connected disability rating is at least 70 percent. Currently, that rating
21	21	must be 100 percent.
22	22	Under the bill, the maximum credit that a claimant may claim is multiplied by
23	23	the percentage of the claimant's service-connected disability rating. The bill does
24	24	not affect a claimant who claims the credit based on his or her individual
25	25	unemployability rating. Under current law, an individual with a 100 percent
26	26	disability rating based on individual unemployability may also claim the credit.
27	27	For further information see the state and local fiscal estimate, which will be
28	28	printed as an appendix to this bill.
29	29	The people of the state of Wisconsin, represented in senate and assembly, do
30	30	enact as follows:
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33	33	3 - 2 -2023 - 2024 Legislature LRB-1144/2
34	34	JK:cdc&emw
35	35	SECTION 1 ASSEMBLY BILL 102
36	36	SECTION 1. 71.07 (6e) (a) 2. b. of the statutes is amended to read:
37	37	71.07 (6e) (a) 2. b. An individual who had served on active duty under
38	38	honorable conditions in the U.S. armed forces or in forces incorporated as part of the
39	39	U.S. armed forces; who was a resident of this state at the time of entry into that active
40	40	service or who had been a resident of this state for any consecutive 5-year period
41	41	after entry into that active duty service; who was a resident of this state at the time
42	42	of his or her death; and who had either a service-connected disability rating of 100
43	43	at least 70 percent under 38 USC 1114 or 1134 or a 100 percent disability rating based
44	44	on individual unemployability.
45	45	SECTION 2. 71.07 (6e) (a) 3. d. of the statutes is amended to read:
46	46	71.07 (6e) (a) 3. d. Has either a service-connected disability rating of 100 at
47	47	least 70 percent under 38 USC 1114 or 1134 or a 100 percent disability rating based
48	48	on individual unemployability.
49	49	SECTION 3. 71.07 (6e) (c) 4. of the statutes is created to read:
50	50	71.07 (6e) (c) 4. If a claimant's service-connected disability rating is less than
51	51	100 percent, the amount that the claimant may claim under this subsection shall be
52	52	multiplied by a percentage that equals the eligible veteran's service-connected
53	53	disability rating.
54	54	SECTION 4.0Initial applicability.
55	55	(1) This act first applies to taxable years beginning on January 1 of the year
56	56	in which this subsection takes effect, except that if this subsection takes effect after
57	57	July 31 this act first applies to taxable years beginning on January 1 of the year
58	58	following the year in which this subsection takes effect.
59	59	(END)
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