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AB1130 • 2025

a premium assistance individual income tax credit and making an appropriation

a premium assistance individual income tax credit and making an appropriation

Budget Taxes
Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor
Representatives Phelps, Tenorio, Bare, Clancy, Goodwin, Hong, Joers, Johnson, Roe, Sinicki, Subeck, Neubauer and Sheehan, cosponsored by Senators Smith, Ratcliff, Spreitzer, Carpenter and Hesselbein
Last action
2026-03-24
Official status
A - Ways and Means
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

a premium assistance individual income tax credit and making an appropriation

a premium assistance individual income tax credit and making an appropriation Status: A - Ways and Means

What This Bill Does

  • a premium assistance individual income tax credit and making an appropriation Status: A - Ways and Means

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2026-03-24 Asm.

    Fiscal estimate received

  2. 2026-03-23 Asm.

    Failed to pass pursuant to Senate Joint Resolution 1

  3. 2026-03-20 Asm.

    Representative Mayadev added as a coauthor

  4. 2026-03-16 Asm.

    Representative McGuire added as a coauthor

  5. 2026-03-13 Asm.

    Introduced by Representatives Phelps , Tenorio , Bare , Clancy , Goodwin , Hong , Joers , Johnson , Roe , Sinicki , Subeck , Neubauer and Sheehan ; cosponsored by Senators Smith , Ratcliff , Spreitzer , Carpenter and Hesselbein

  6. 2026-03-13 Asm.

    Read first time and referred to Committee on Ways and Means

Official Summary Text

a premium assistance individual income tax credit and making an appropriation
Status: A - Ways and Means

Current Bill Text

Read the full stored bill text
Wisconsin Legislature: AB1130: Bill Text

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2025
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Proposal Text
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AB1130: Bill Text

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2025 - 2026 LEGISLATURE
LRB-6397/1
JK:wlj
2025 ASSEMBLY BILL 1130
March 13, 2026 - Introduced by Representatives
Phelps
,
Tenorio
,
Bare
,
Clancy
,
Goodwin
,
Hong
,
Joers
,
Johnson
,
Roe
,
Sinicki
,
Subeck
,
Neubauer
and
Sheehan
, cosponsored by Senators
Smith
,
Ratcliff
,
Spreitzer
,
Carpenter
and
Hesselbein
. Referred to Committee on Ways and Means.
AB1130,1,3
1
An Act

to amend
71.10 (4) (i);
to create
20.835 (2) (fg) and 71.07 (12) of the
2
statutes;
relating to:
a premium assistance individual income tax credit and
3
making an appropriation.
Analysis by the Legislative Reference Bureau
Beginning in 2026, this bill allows an individual who pays monthly premiums for a qualified health plan under the federal Affordable Care Act to claim as a refundable individual income tax credit the premium assistance amount that the individual would have been eligible to claim under federal law for a taxable year beginning after December 31, 2020, and before January 1, 2026. During that period, an eligible individual would have been able to claim under federal law premium assistance credits to lower the costs of premiums for qualified health plans offered under the ACA.
Under the bill, if the amount of the credit exceeds the individual’s tax liability, the individual will receive the excess as a refund. Finally, the bill prohibits an individual from claiming the credit for taxable years beginning after 2025 if the individual is again eligible to receive premium assistance credits under federal law.
For further information see the state fiscal estimate, which will be printed as an appendix to this bill.
The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:
AB1130,1
1
Section

1
.
20.835 (2) (fg) of the statutes is created to read:
AB1130,2,3
2
20.835
(2)
(fg)
Premium assistance credit
. A sum sufficient to make the
3
payments under s. 71.07 (12).
AB1130,2
4
Section

2
.
71.07 (12) of the statutes is created to read:
AB1130,2,5
5
71.07
(12)

Premium assistance credit.
(a)
Definitions.
In this subsection:
AB1130,2,6
6
1. “Claimant” means an individual who files a claim under this subsection.
AB1130,2,7
7
2. “Qualified health plan” has the meaning given in
45 CFR 155.20
.
AB1130,2,13
8
(b)
Filing claims
. For taxable years beginning after December 31, 2025, and
9
subject to the limitations provided in this subsection, a claimant who pays monthly
10
premiums for a qualified health plan during the taxable year may claim as a credit
11
against the tax imposed under s. 71.02 the premium assistance amount that the
12
claimant would have been eligible to claim under
26 USC 36B
for a taxable year
13
beginning after December 31, 2020, and before January 1, 2026.
AB1130,2,15
14
(c)
Limitations.
1. No credit may be allowed under this subsection unless it is
15
claimed within the time period under s. 71.75 (2).
AB1130,2,17
16
2. Part-year residents and nonresidents of this state are not eligible for the
17
credit under this subsection.
AB1130,2,20
18
3. No claimant may claim a credit under this subsection for a taxable year
19
beginning after December 31, 2025, if the claimant is eligible to claim a premium
20
assistance amount under
26 USC 36B
or similar federal law.
AB1130,2,22
21
(d)
Administration
. 1. Section 71.28 (4) (g) and (h), as it applies to the credit
22
under s. 71.28 (4), applies to the credit under this subsection.
AB1130,3,6
1
2. If the allowable amount of the claim under par. (b) exceeds the tax
2
otherwise due under s. 71.02, the amount of the claim not used to offset the tax due
3
shall be certified by the department to the department of administration for
4
payment by check, share draft, or other draft drawn from the appropriation account
5
under s. 20.835 (2) (fg). Notwithstanding s. 71.82, no interest may be paid on
6
amounts certified under this subdivision.
AB1130,3
7
Section

3
.
71.10 (4) (i) of the statutes, as affected by
2025 Wisconsin Act 15
,
8
is amended to read:
AB1130,3,18
9
71.10
(4)
(i) The total of claim of right credit under s. 71.07 (1), farmland
10
preservation credit under ss. 71.57 to 71.61, farmland preservation credit, 2010 and
11
beyond under s. 71.613, homestead credit under subch. VIII, jobs tax credit under s.
12
71.07 (3q), business development credit under s. 71.07 (3y), research credit under s.
13
71.07 (4k) (e) 2. a., film production services credit under s. 71.07 (5f) (b) 2., veterans
14
and surviving spouses property tax credit under s. 71.07 (6e), enterprise zone jobs
15
credit under s. 71.07 (3w), electronics and information technology manufacturing
16
zone credit under s. 71.07 (3wm), earned income tax credit under s. 71.07 (9e),
17
premium assistance credit under s. 71.07 (12),
estimated tax payments under s.
18
71.09, and taxes withheld under subch. X.
AB1130,3,19
19
(end)

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