Maddy summaryThis bill creates a refundable income tax credit for Wisconsin residents who pay property taxes or rent that includes property taxes, aiming to help lower-income households offset these costs. Eligible individuals must have a household income under $125,000 and cannot be claimed as a dependent by another taxpayer, with specific exclusions for part-year residents and those with property assessed over $1 million. The credit amount varies based on income levels and the year the tax year begins, ranging from 10% to 40% of the portion of taxes that exceed 4% of household income. If the calculated credit exceeds the taxes owed, the remaining amount is paid directly to the claimant as a refund. The legislation also establishes an appropriation to fund these payments and integrates this new credit into the state's existing list of allowable tax credits.
Sponsored bills
Maddy summaryThis bill modifies the waiting period required before a person can purchase a handgun in Wisconsin. It extends the mandatory wait time from 48 hours to five working days when a background check yields unclear results and the state justice department needs more time to determine if the buyer is prohibited from owning a firearm. The law applies to all handgun sales occurring on or after the effective date of the legislation.
Maddy summaryThis bill establishes a program to distribute funds from vapor product taxes to local health departments and tribal health centers for violence prevention initiatives. The legislation explicitly prohibits these grant funds from being given to law enforcement agencies or any entities working directly with them, focusing the resources on health-based prevention strategies instead. Additionally, the bill authorizes the Department of Health Services to hire staff to administer the grant program, providing specific funding increases for these administrative positions.