Wisconsin 2021-2022 Regular Session Status: To Executive 3 R cosponsors

AB 40 — Relating to: modifying the medical care insurance deduction for self-employed individuals. (FE)

Last action — Failed to pass pursuant to Senate Joint Resolution 1

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  1. ✓
    Introduced
  2. ✓
    In Committee
  3. ✓
    Passed Assembly
  4. ✓
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 2021-2022 Regular Session. It reached “To Executive” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Bill Text

How this bill changes current law

4 changes Share ↗

Compared against current U.S. Code AI-generated reading aid — verify against the official bill.

The bill modifies the medical care insurance deduction for self-employed individuals by expanding the criteria for allowable deductions from their income for tax purposes.

  • 71.05(6)(b)19.c.

    modify the amount calculated under subd. 19. b. by multiplying the amount by a fraction the numerator of which is the person's net earnings from a trade or business that are taxable by this state and the denominator of which is the person's total net earnings from a trade or business. → For taxable years beginning after December 31, 2020, for a person who is a nonresident or a part-year resident of this state, modify the amount calculated under subd. 19. b. by multiplying the amount by a fraction the numerator of which is the person's wages, salary, tips, unearned income, and net earnings from a trade or business that are taxable by this state and the denominator of which is the person's total wages, salary, tips, unearned income, and net earnings from a trade or business.

    This change updates the criteria for how nonresident and part-year resident self-employed individuals calculate their deduction for medical care insurance.

  • 71.05(6)(b)19.d.

    reduce the amount calculated under subd. 19. b. or c. to the person's aggregate net earnings from a trade or business that are taxable by this state. → reduce the amount calculated under subd. 19. b. or cm. to the person's aggregate wages, salary, tips, unearned income, and net earnings from a trade or business that are taxable by this state.

    This change modifies the language to account for the new criteria for deductions by allowing deductions to be based on a broader income definition after 2020.

  • 71.05(6)(b)19.cm.

    For taxable years beginning after December 31, 2020, for a person who is a nonresident or a part-year resident of this state, modify the amount calculated under subd. 19. b. by multiplying the amount by a fraction the numerator of which is the person's wages, salary, tips, unearned income, and net earnings from a trade or business that are taxable by this state and the denominator of which is the person's total wages, salary, tips, unearned income, and net earnings from a trade or business.

    This provision establishes a new basis for calculating medical care insurance deductions for self-employed nonresidents and part-year residents effective after 2020.

  • 71.05(6)(b)19.dm.

    For taxable years beginning after December 31, 2020, reduce the amount calculated under subd. 19. b. or cm. to the person's aggregate wages, salary, tips, unearned income, and net earnings from a trade or business that are taxable by this state.

    This new provision sets forth a new way to calculate the reduction of medical care insurance deductions based on an expanded income definition starting in 2021.

Action History

  1. Failed to pass pursuant to Senate Joint Resolution 1

  2. Fiscal estimate received

  3. Read first time and referred to Committee on Ways and Means

  4. Introduced by Representatives Pronschinske, Loudenbeck, Horlacher, Kuglitsch, Moses, Petryk, Skowronski, Tauchen and Zimmerman; cosponsored by Senators Jacque and Feyen

Sponsors

Sponsorship breakdown

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9 sponsors · 0 co-sponsors · 123 not signed on

Sponsors (9)

Co-sponsors (0)

None.

Not signed on (123)

123 members have not signed on to this bill.

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"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

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Frequently asked questions

Who sponsors AB 40?
AB 40 is sponsored by Zimmerman, Shannon (Republican), Tauchen, Skowronski, Petryk, Moses, Clint (Republican), Kuglitsch, Horlacher, Loudenbeck, and Pronschinske, Treig (Republican).
What is the current status of AB 40?
This bill died with 2021-2022 Regular Session. It reached “To Executive” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track AB 40?
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