Wisconsin Legislative Council
ACT MEMO
One Ea st Ma in Stre e t, Suite 401 • Ma dison, W I 53703 • (608) 266-1304 • le g.council@le gis.wisconsin.gov • http://www.le gis.wisconsin.gov/lc
Prepared by: Brian Larson, Principal Attorney April 8, 2024
2023 Wisconsin Act 140
[2023 Senate Bill 323]
Telephone Company Personal
Property Tax Exemption
Current law imposes a tax on the real and tangible personal property of a telephone company, subject to
certain exemptions, as specified in the statutes. A “telephone company” means any person that provides
telecommunications services to another person, including the resale of services provided by another
telephone company. 2023 Wisconsin Act 140 creates an exemption from the tax on tangible personal
property of a telephone company, beginning with assessments as of January 1, 2027.
Effective date: March 23, 2024
For a full history of the bill, visit the Legislature’s bill history page.
BL:ksm