SB 60 Wisconsin Senate · 2025-2026 Regular Session

Relating to: expanding the homestead income tax credit. (FE)

SB 60 expands the homestead income tax credit for homeowners in Wisconsin starting in 2026. It creates new income-based limits: households earning $8,060 or less receive an 80% credit on property taxes for their primary home, while those earning between $8,060 and $35,000 get a reduced credit based on income above the threshold. The bill repeals older provisions that restricted the credit for people without earned income or disabled claimants, and adds automatic annual inflation adjustments to the income thresholds and credit amounts. This directly affects Wisconsin homeowners with household income under $35,000 who claim the homestead tax credit.
Bill status failed 1 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Floor Vote
Governor
Introduced Feb 21, 2025 Last action Mar 23, 2026
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Feb 21, 2025
Introduced
Introduced by Senators Spreitzer, L. Johnson, Dassler-Alfheim, Wall, Carpenter, Drake, Habush Sinykin, Hesselbein, Keyeski, Larson, Ratcliff, Roys, Pfaff, Smith and Wirch; cosponsored by Representatives Bare, Miresse, Brown, Anderson, Andraca, Arney, Billings, Clancy, Cruz, DeSanto, DeSmidt, Doyle, Emerson, Fitzgerald, Goodwin, Haywood, Hong, Hysell, J. Jacobson, Joers, Johnson, Kirsch, Madison, Mayadev, McCarville, Moore Omokunde, Neubauer, Ortiz-Velez, Palmeri, Phelps, Prado, McGuire, Rivera-
upper
15 primary · 0 co-sponsors

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