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2025-2026 Wisconsin Legislature

Assembly Bill 17

An Act to amend 71.05 (6) (a) 15., 71.21 (4) (a), 71.26 (2) (a) 4., 71.34 (1k) (g) and 71.45 (2) (a) 10.; to create 71.05 (6) (b) 57., 71.07 (12), 71.10 (4) (em), 71.26 (2) (a) 13., 71.28 (12), 71.30 (3) (am), 71.45 (2) (a) 25., 71.47 (12), 71.49 (1) (am), 73.03 (78) and 73.03 (79) of the statutes; Relating to: creating an employee ownership conversion costs tax credit, a deduction for capital gains from the transfer of a business to employee ownership, and an employee ownership education and outreach program. (FE)

Status: A - Rules

Important Actions (newest first)

Date / House Action Journal
5/29/2025 Asm.Referred to committee on Rules 
5/29/2025 Asm.Report passage as amended recommended by Committee on Ways and Means, Ayes 10, Noes 0 

History

Date / House Action Journal
2/6/2025 Asm.Introduced by Representatives Sortwell, Franklin, Kaufert, Madison, Anderson, Clancy, Cruz, DeSmidt, Goeben, Goodwin, Gundrum, Hong, Hysell, Kreibich, Maxey, Miresse, Novak, Piwowarczyk, Prado, Tusler, Udell, Wichgers and Stroud;
cosponsored by Senators James, Larson and Tomczyk
27
2/6/2025 Asm.Read first time and referred to Committee on Ways and Means27
2/19/2025 Asm.Fiscal estimate received 
2/21/2025 Asm.Representative J. Jacobson added as a coauthor44
4/1/2025 Asm.Representative Tenorio added as a coauthor89
4/11/2025 Asm.Representative Fitzgerald added as a coauthor98
4/14/2025 Asm.Representative Roe added as a coauthor98
4/15/2025 Asm.Public hearing held 
4/23/2025 Asm.Representative Joers added as a coauthor115
5/12/2025 Asm.Assembly Substitute Amendment 1 offered by Representative Sortwell133
5/14/2025 Asm.Executive action taken 
5/15/2025 Asm.Assembly Amendment 1 to Assembly Substitute Amendment 1 offered by Representative Sortwell143
5/29/2025 Asm.Report Assembly Substitute Amendment 1 adoption recommended by Committee on Ways and Means, Ayes 10, Noes 0 
5/29/2025 Asm.Report passage as amended recommended by Committee on Ways and Means, Ayes 10, Noes 0 
5/29/2025 Asm.Referred to committee on Rules 
 
Content subject to change after proofing by Chief Clerk staff.