Wisconsin 2023-2024 Regular Session Status: To Executive 2 R cosponsors

SB 882 — Relating to: transferring the angel investment tax credit. (FE)

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

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

This bill died with 2023-2024 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This bill is no longer active — its legislative session has ended, so there is no live prognosis.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

1 change Share ↗

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

The bill allows the angel investment tax credit to be sold or transferred to another taxpayer.

  • Wis. Stat. § 238.15 (3) (e)

    No person may sell or otherwise transfer a an individual credit as provided in this paragraph more than once in a 12-month period. → A person who is eligible to claim a credit under s. 71.07 (5d) may sell or otherwise transfer the credit to another person who is subject to the taxes imposed under s. 71.02 if the person notifies the corporation and the department of revenue of the transfer and submits with the notification a copy of the transfer documents.

    This change enables the transferability of the angel investment tax credit under specific conditions.

Action History

  1. Failed to pass pursuant to Senate Joint Resolution 1

  2. LRB correction (Senate Amendment 1)

  3. Representative Brooks added as a cosponsor

  4. Senate Amendment 1 offered by Senator Feyen

  5. Fiscal estimate received

  6. Fiscal estimate received

  7. Read first time and referred to Committee on Universities and Revenue

  8. Introduced by Senators Feyen and Wanggaard; cosponsored by Representatives Wittke, Zimmerman, Armstrong, Goeben, Nedweski, O'Connor and Shankland

Sponsors

Sponsorship breakdown

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2 sponsors · 0 co-sponsors · 130 not signed on

Sponsors (2)

Co-sponsors (0)

None.

Not signed on (130)

130 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

taxation finance
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Frequently asked questions

Who sponsors SB 882?
SB 882 is sponsored by Feyen, Dan (Republican) and Wanggaard, Van (Republican).
What is the current status of SB 882?
This bill died with 2023-2024 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 SB 882?
Track SB 882 free on One Click Politics — get push/email alerts when it moves.

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Last checked for changes 3 months ago · updated continuously

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