Wisconsin AB685: An Act to amend 71.07 (5) (a) 3.; to create 71.05 (6) (b) 57. of the statutes; Relating to: individual income tax subtraction for certain theft losses. (FE)

What the bill says

An Act to amend 71.07 (5) (a) 3.; to create 71.05 (6) (b) 57. of the statutes; Relating to: individual income tax subtraction for certain theft losses. (FE) Status: A - Enacted into Law Important Actions (newest first) Date / House Action Journal 4/3/2026Asm. Published 4-4-2026 705 3/17/2026Sen. Read a third time and concurred in,Ayes 33, Noes 0 807 2/17/2026Asm. Read a third time and passed,Ayes 99, Noes 0 589 Links - Amendment Histories - 2025 Wisconsin Act 192(PDF:) - 2025 Wisconsin Act 192: LC Act Memo - Bill Text(PDF:) - LC Amendment Memo - Fiscal Estimates and Reports - AB685 ROCP for Co.

From the enrolled text, March 23, 2026:

An Act to amend 71.07 (5) (a) 3.; to create 71.05 (6) (b) 57. of the statutes; Relating to: individual income tax subtraction for certain theft losses. (FE) Status: A - Enacted into Law Important Actions (newest first) Date / House Action Journal 4/3/2026Asm. Published 4-4-2026 705 3/17/2026Sen. Read a third time and concurred in,Ayes 33, Noes 0 807 2/17/2026Asm. Read a third time and passed,Ayes 99, Noes 0 589 Links - Amendment Histories - 2025 Wisconsin Act 192(PDF:) - 2025 Wisconsin Act 192: LC Act Memo - Bill Text(PDF:) - LC Amendment Memo - Fiscal Estimates and Reports - AB685 ROCP for Committee on Ways and Means On 2/4/2026(PDF:) - AB685 ROCP for Joint Committee on Finance On 3/3/2026(PDF:) - LC Bill Hearing Materials - Wisconsin Ethics Commission information - See Also - 2025 Senate Bill 674- S - Hold (Available for Scheduling) History Date / House Action Journal 11/26/2025Asm. Introduced by RepresentativeSwearingen;cosponsored by SenatorFelzkowski 389 11/26/2025Asm. Read first time and referred toCommittee on Ways and Means 389 12/19/2025Asm. Fiscal estimate received 1/12/2026Asm. Assembly Substitute Amendment 1offered by RepresentativeSwearingen 430 1/21/2026Asm. Public hearing held 2/4/2026Asm. Executive action taken 2/4/2026Asm. ReportAssembly Substitute Amendment 1adoption recommended byCommittee on Ways and Means, Ayes 10, Noes 0 529 2/4/2026Asm. Report passage as amended recommended byCommittee on Ways and Means, Ayes 10, Noes 0 …

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