Amendment AA19-ASA2-AB50

AB50-ASA2-AA19,38,15 (1) Veterans property tax credit expansion. The treatment of s. 71.07 (6e) (a) 2. b. and 3. d. and (c) 4. first applies to taxable years beginning after December 31, 2024.”.

AB50-ASA2-AA19,38,16 19. At the appropriate places, insert all of the following:

AB50-ASA2-AA19,38,17 “Section 88. 71.07 (6e) (a) 6. of the statutes is created to read:

AB50-ASA2-AA19,38,19 71.07 (6e) (a) 6. “Rent constituting property taxes” has the meaning given in sub. (9) (a) 4.

AB50-ASA2-AA19,89 Section 89. 71.07 (6e) (b) of the statutes is amended to read:

AB50-ASA2-AA19,39,5 71.07 (6e) (b) Filing claims. Subject to the limitations provided in this subsection, a claimant may claim as a credit against the tax imposed under s. 71.02 the amount of the claimant’s property taxes or rent constituting property taxes. If the allowable amount of the claim exceeds the income taxes otherwise due on the claimant’s income, the amount of the claim not used as an offset against those taxes shall be certified by the department of revenue to the department of administration for payment to the claimant by check, share draft, or other draft from the appropriation under s. 20.835 (2) (em).

AB50-ASA2-AA19,90 Section 90. 71.07 (6e) (c) 3. of the statutes is amended to read:

AB50-ASA2-AA19,39,12 71.07 (6e) (c) 3. If an eligible veteran and an eligible spouse file separate returns, each spouse may claim a credit under this subsection for property taxes based on their respective ownership interest in the eligible veteran’s principal dwelling or for rent constituting property taxes based on 50 percent of the total rent constituting property taxes paid during the taxable year for the eligible veteran’s principal dwelling.

AB50-ASA2-AA19,9337 Section 9337. Initial applicability; Revenue.

AB50-ASA2-AA19,39,16 (1) Veterans and surviving spouses property tax credit. The treatment of s. 71.07 (6e) (a) 6., (b), and (c) 3. first applies to taxable years beginning after December 31, 2024.”.

AB50-ASA2-AA19,39,17 20. At the appropriate places, insert all of the following:

AB50-ASA2-AA19,39,18 “Section 91. 71.07 (8m) of the statutes is created to read:

AB50-ASA2-AA19,39,20 71.07 (8m) Universal changing station credit. (a) Definitions. In this subsection:

AB50-ASA2-AA19,40,2 1. “Claimant” means a sole proprietor, a partner of a partnership, a member of a limited liability company, or a shareholder of a tax-option corporation who files a claim under this subsection and meets either of the following conditions during the preceding taxable year:

AB50-ASA2-AA19,40,3 a. Had gross receipts that did not exceed $1,000,000.

AB50-ASA2-AA19,40,4 b. Employed no more than 30 full-time employees.

AB50-ASA2-AA19,40,6 2. “Full-time employee” means an individual who is employed for at least 30 hours per week for 20 or more calendar weeks during a taxable year.

AB50-ASA2-AA19,40,10 3. “Universal changing station” means a powered and height-adjustable adult changing table that is either floor mounted or wall mounted with a safety rail and can be used by an individual with a disability of either sex and the individual’s care provider for personal hygiene and that satisfies all of the following:

AB50-ASA2-AA19,40,12 a. The changing table can lower to a height of 8 inches and raise to a height of 34 inches.

AB50-ASA2-AA19,40,13 b. The changing table is at least 31 inches wide by 72 inches long.

AB50-ASA2-AA19,40,14 c. The changing table supports at least 350 pounds.

AB50-ASA2-AA19,40,19 (b) Filing claims. For taxable years beginning after December 31, 2024, subject to the limitations provided in this subsection, a claimant may claim as a credit against the tax imposed under s. 71.02, up to the amount of those taxes, an amount equal to 50 percent of the amount the claimant paid during the taxable year to install a universal changing station.

AB50-ASA2-AA19,41,2 (c) Limitations. 1. No credit may be claimed under this subsection unless the universal changing station is installed in a single-occupant restroom that measures at least 8 feet by 10 feet, with adequate space for a wheelchair and a care provider to maneuver; that is equipped with a waste receptacle, a toilet, a lavatory, a soap dispenser, and a paper towel dispenser; and that complies with accessibility standards under the federal Americans with Disabilities Act.

AB50-ASA2-AA19,41,3 2. The credit claimed under this subsection may not exceed $5,125.

AB50-ASA2-AA19,41,10 3. Partnerships, limited liability companies, and tax-option corporations may not claim the credit under this subsection, but the eligibility for, and the amount of, the credit are based on the amounts paid by the entity. A partnership, limited liability company, or tax-option corporation shall compute the amount of credit that each of its partners, members, or shareholders may claim and shall provide that information to each of them. Partners, members, and shareholders may claim the credit in proportion to their ownership interests.

AB50-ASA2-AA19,41,12 (d) Administration. Section 71.28 (4) (e) to (h), as it applies to the credit under s. 71.28 (4), applies to the credit under this subsection.

AB50-ASA2-AA19,92 Section 92. 71.10 (4) (ha) of the statutes is created to read:

AB50-ASA2-AA19,41,14 71.10 (4) (ha) Universal changing station credit under s. 71.07 (8m).

AB50-ASA2-AA19,93 Section 93. 71.28 (8m) of the statutes is created to read:

AB50-ASA2-AA19,41,17 71.28 (8m) Universal changing station credit. (a) Definitions. In this subsection:

AB50-ASA2-AA19,41,19 1. “Claimant” means a person who files a claim under this subsection and meets either of the following conditions during the preceding taxable year:

AB50-ASA2-AA19,41,20 a. Had gross receipts that did not exceed $1,000,000.

AB50-ASA2-AA19,41,21 b. Employed no more than 30 full-time employees.

AB50-ASA2-AA19,41,23 2. “Full-time employee” means an individual who is employed for at least 30 hours per week for 20 or more calendar weeks during a taxable year.

AB50-ASA2-AA19,42,1 3. “Universal changing station” has the meaning given in s. 71.07 (8m) (a) 3.

AB50-ASA2-AA19,42,6 (b) Filing claims. For taxable years beginning after December 31, 2024, subject to the limitations provided in this subsection, a claimant may claim as a credit against the tax imposed under s. 71.23, up to the amount of those taxes, an amount equal to 50 percent of the amount the claimant paid during the taxable year to install a universal changing station.

AB50-ASA2-AA19,42,12 (c) Limitations. 1. No credit may be claimed under this subsection unless the universal changing station is installed in a single-occupant restroom that measures at least 8 feet by 10 feet, with adequate space for a wheelchair and a care provider to maneuver; that is equipped with a waste receptacle, a toilet, a lavatory, a soap dispenser, and a paper towel dispenser; and that complies with accessibility standards under the federal Americans with Disabilities Act.

AB50-ASA2-AA19,42,13 2. The credit claimed under this subsection may not exceed $5,125.

AB50-ASA2-AA19,42,20 3. Partnerships, limited liability companies, and tax-option corporations may not claim the credit under this subsection, but the eligibility for, and the amount of, the credit are based on the amounts paid by the entity. A partnership, limited liability company, or tax-option corporation shall compute the amount of credit that each of its partners, members, or shareholders may claim and shall provide that information to each of them. Partners, members, and shareholders may claim the credit in proportion to their ownership interests.

AB50-ASA2-AA19,42,22 (d) Administration. Subsection (4) (e) to (h), as it applies to the credit under sub. (4), applies to the credit under this subsection.

AB50-ASA2-AA19,94 Section 94. 71.30 (3) (cu) of the statutes is created to read:

AB50-ASA2-AA19,43,1 71.30 (3) (cu) Universal changing station credit under s. 71.28 (8m).

AB50-ASA2-AA19,95 Section 95. 71.47 (8m) of the statutes is created to read:

AB50-ASA2-AA19,43,4 71.47 (8m) Universal changing station credit. (a) Definitions. In this subsection:

AB50-ASA2-AA19,43,6 1. “Claimant” means a person who files a claim under this subsection and meets either of the following conditions during the preceding taxable year:

AB50-ASA2-AA19,43,7 a. Had gross receipts that did not exceed $1,000,000.

AB50-ASA2-AA19,43,8 b. Employed no more than 30 full-time employees.

AB50-ASA2-AA19,43,10 2. “Full-time employee” means an individual who is employed for at least 30 hours per week for 20 or more calendar weeks during a taxable year.

AB50-ASA2-AA19,43,11 3. “Universal changing station” has the meaning given in s. 71.07 (8m) (a) 3.

AB50-ASA2-AA19,43,16 (b) Filing claims. For taxable years beginning after December 31, 2024, subject to the limitations provided in this subsection, a claimant may claim as a credit against the tax imposed under s. 71.43, up to the amount of those taxes, an amount equal to 50 percent of the amount the claimant paid during the taxable year to install a universal changing station.

AB50-ASA2-AA19,43,22 (c) Limitations. 1. No credit may be claimed under this subsection unless the universal changing station is installed in a single-occupant restroom that measures at least 8 feet by 10 feet, with adequate space for a wheelchair and a care provider to maneuver; that is equipped with a waste receptacle, a toilet, a lavatory, a soap dispenser, and a paper towel dispenser; and that complies with accessibility standards under the federal Americans with Disabilities Act.

AB50-ASA2-AA19,43,23 2. The credit claimed under this subsection may not exceed $5,125.

AB50-ASA2-AA19,44,7 3. Partnerships, limited liability companies, and tax-option corporations may not claim the credit under this subsection, but the eligibility for, and the amount of, the credit are based on the amounts paid by the entity. A partnership, limited liability company, or tax-option corporation shall compute the amount of credit that each of its partners, members, or shareholders may claim and shall provide that information to each of them. Partners, members, and shareholders may claim the credit in proportion to their ownership interests.

AB50-ASA2-AA19,44,9 (d) Administration. Section 71.28 (4) (e) to (h), as it applies to the credit under s. 71.28 (4), applies to the credit under this subsection.

AB50-ASA2-AA19,96 Section 96. 71.49 (1) (cu) of the statutes is created to read:

AB50-ASA2-AA19,44,11 71.49 (1) (cu) Universal changing station credit under s. 71.47 (8m).”.

AB50-ASA2-AA19,44,12 21. At the appropriate places, insert all of the following:

AB50-ASA2-AA19,44,13 “Section 97. 20.507 (1) (c) of the statutes is amended to read:

AB50-ASA2-AA19,44,15 20.507 (1) (c) Payments in lieu of taxes. The amounts in the schedule A sum sufficient for payments in lieu of property taxes under s. 24.62 (3).”.

AB50-ASA2-AA19,44,16 22. At the appropriate places, insert all of the following:

AB50-ASA2-AA19,44,17 “Section 98. 79.10 (7m) (a) 1. b. of the statutes is amended to read:

AB50-ASA2-AA19,44,22 79.10 (7m) (a) 1. b. In the 2024-25 fiscal year, on the 4th Monday in July 2024, the department of administration shall distribute $940,000,000 related to the 2023 property tax levies. In the 2024-25 fiscal year, on the first Monday in May 2025, the department of administration shall distribute $335,000,000, related to the 2024 property tax levies.

AB50-ASA2-AA19,45,9 d. In the 2026-27 fiscal year, on the 4th Monday in July 2026, the department of administration shall distribute $940,000,000 related to the 2025 property tax levies. In the 2026-27 fiscal year, on the first Monday in May 2027, the department of administration shall distribute $584,700,000 related to the 2026 property tax levies. In each fiscal year thereafter, on the 4th Monday in July, the department of administration shall distribute $940,000,000 related to the property tax levies of the calendar year immediately preceding the distribution. In each fiscal year thereafter, on the first Monday in May, the department of administration shall distribute $335,000,000 $584,700,000 related to the property tax levies of the calendar year immediately preceding the distribution.

AB50-ASA2-AA19,99 Section 99. 79.10 (7m) (a) 1. c. of the statutes is created to read:

AB50-ASA2-AA19,45,15 79.10 (7m) (a) 1. c. In the 2025-26 fiscal year, on the 4th Monday in July 2025, the department of administration shall distribute $940,000,000 related to the 2024 property tax levies. In the 2025-26 fiscal year, on the first Monday in May 2026, the department of administration shall distribute $460,300,000 related to the 2025 property tax levies.

AB50-ASA2-AA19,100 Section 100. 79.14 of the statutes is amended to read:

AB50-ASA2-AA19,46,2 79.14 School levy tax credit. The appropriation under s. 20.835 (3) (b), for the payments under s. 79.10 (4), is $319,305,000 in 1994, 1995, and 1996; $469,305,000 beginning in 1997 and ending in 2006; $593,050,000 in 2007; $672,400,000 in 2008; $747,400,000 in 2009; $732,550,000 in 2010, 2011, and 2012; $747,400,000 in 2013, 2014, and 2015; $853,000,000 in 2016 and 2017; and $940,000,000 in 2018, 2019, 2020, 2021, and 2022; and in fiscal year 2023-24, $1,195,000,000. Beginning in In fiscal year 2024-25, the appropriation under s. 20.835 (3) (b), for the payments under s. 79.10 (4), is $1,275,000,000; in fiscal year 2025-26, the appropriation is $1,400,300,000; and in fiscal year 2026-27, the appropriation is $1,524,700,000.”.

AB50-ASA2-AA19,46,3 23. At the appropriate places, insert all of the following:

AB50-ASA2-AA19,46,4 “Section 9201. Fiscal changes; Administration.

AB50-ASA2-AA19,46,5 (1) Tax appeals commission funding.

AB50-ASA2-AA19,46,10 (a) Adjudication of tax appeals. In the schedule under s. 20.005 (3) for the appropriation to the department of administration under s. 20.505 (4) (a), the dollar amount for fiscal year 2025-26 is increased by $304,500 and the dollar amount for fiscal year 2026-27 is increased by $32,100 to implement and maintain an electronic filing and payment system.

AB50-ASA2-AA19,46,15 (b) Program services. In the schedule under s. 20.005 (3) for the appropriation to the department of administration under s. 20.505 (4) (h), the dollar amount for fiscal year 2025-26 is increased by $6,000 and the dollar amount for fiscal year 2026-27 is increased by $6,000 to enable the tax appeals commission to use additional revenue generated from increased filing fees to support its operations.”.

AB50-ASA2-AA19,46,16 (end)