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AB494 • 2025

increasing the carryover period of the research income tax credit

increasing the carryover period of the research income tax credit

Taxes
Did Not Pass

The latest official action shows that this bill did not move forward in that session.

Sponsor
Representatives Callahan, Armstrong, Born, Knodl, Melotik, Swearingen, Wittke, Zimmerman, Dittrich, B. Jacobson, Kreibich, Murphy, Mursau, Penterman, Piwowarczyk, Steffen, Subeck and Kitchens, cosponsored by Senators Feyen, Habush Sinykin, Felzkowski and Wanggaard
Last action
2026-03-23
Official status
A - Tabled
Effective date
Not listed

Plain English Breakdown

The plain English breakdown is still being put together. The official documents below are already here.

Bill History

  1. 2026-03-23 Asm.

    Failed to pass pursuant to Senate Joint Resolution 1

  2. 2026-01-20 Asm.

    Laid on the table

  3. 2026-01-14 Asm.

    Report passage recommended by Committee on Ways and Means , Ayes 10, Noes 0

  4. 2026-01-14 Asm.

    Referred to committee on Rules

  5. 2026-01-14 Asm.

    Placed on calendar 1-20-2026 by Committee on Rules

  6. 2026-01-08 Asm.

    Executive action taken

  7. 2025-11-18 Asm.

    Senator Ratcliff added as a cosponsor

  8. 2025-11-12 Asm.

    Public hearing held

  9. 2025-10-17 Asm.

    Fiscal estimate received

  10. 2025-10-14 Asm.

    Representative Ortiz-Velez added as a coauthor

  11. 2025-10-09 Asm.

    Introduced by Representatives Callahan , Armstrong , Born , Knodl , Melotik , Swearingen , Wittke , Zimmerman , Dittrich , B. Jacobson , Kreibich , Murphy , Mursau , Penterman , Piwowarczyk , Steffen , Subeck and Kitchens ; cosponsored by Senators Feyen , Habush Sinykin , Felzkowski and Wanggaard

  12. 2025-10-09 Asm.

    Read first time and referred to Committee on Ways and Means

Official Summary Text

increasing the carryover period of the research income tax credit
Status: A - Tabled