Wisconsin legislation · 2025-2026 Regular Session
Wisconsin SB176: An Act to create 71.05 (1) (j), 71.26 (1) (j), 71.34 (1k) (q) and 71.45 (1) (dp) of the statutes; Relating to: an income and franchise tax exemption for broadband expansion grants and for federal high-cost program funding for broadband expansion. (FE)
Status: Vetoed, May 13, 2026
What the bill says
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 71.07 (12), 71.10 (4) (fw), 71.28 (12), 71.30 (3) (et), 71.47 (12) and 71.49 (1) (et) of the statutes; relating to: an income and franchise tax credit for broadband expansion grants and for federal high-cost program funding for broadband expansion.
From the enrolled text, March 18, 2026:
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 71.07 (12), 71.10 (4) (fw), 71.28 (12), 71.30 (3) (et), 71.47 (12) and 71.49 (1) (et) of the statutes; relating to: an income and franchise tax credit for broadband expansion grants and for federal high-cost program funding for broadband expansion. The people of the state of Wisconsin, represented in senate and assembly, do enact as follows: SB176,1Section 1. 71.05 (6) (a) 15. of the statutes, as affected by 2025 Wisconsin Act 15, is amended to read: 71.05 (6) (a) 15. The amount of the credits computed under s. 71.07 (2dm), (2dx), (2dy), (3g), (3h), (3n), (3q), (3s), (3t), (3w), (3wm), (3y), (4k), (4n), (5f), (5h), (5i), (5j), (5k), (5r), (5rm), (6n), and (10), and (12) and not passed through by a partnership, limited liability company, or tax-option corporation that has added that amount to the partnership's, company's, or tax-option corporation's income under s. 71.21 (4) or 71.34 (1k) (g). SB176,2Section 2. 71.07 (12) of the statutes is created to read: 71.07 (12) Broadband expansion funding credit. (a) Definitions. In this subsection: 1. "Claimant" means a person that files a claim under this subsection. 2. "Qualified broadband expansion funding" means any of the a political subdivision, …
Sponsors
- Quinn, Romaine (R, SD-025) · primary sponsor