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AB543 • 2025

the sales tax exemption for memberships sold to real estate brokers

the sales tax exemption for memberships sold to real estate brokers

Taxes
Enacted

This bill passed the Legislature and reached final enactment based on the latest official action.

Sponsor
Representative Steffen, cosponsored by Senator Bradley
Last action
2026-03-20
Official status
A - Enacted into Law
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.

the sales tax exemption for memberships sold to real estate brokers

the sales tax exemption for memberships sold to real estate brokers Status: A - Enacted into Law

What This Bill Does

  • the sales tax exemption for memberships sold to real estate brokers Status: A - Enacted into Law

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. 2026-03-20 Asm.

    Report approved by the Governor on 3-20-2026. 2025 Wisconsin Act 108

  2. 2026-03-20 Asm.

    Published 3-21-2026

  3. 2026-03-18 Asm.

    Presented to the Governor on 3-18-2026

  4. 2026-01-23 Asm.

    Report correctly enrolled on 1-23-2026

  5. 2026-01-22 Asm.

    Received from Senate concurred in

  6. 2026-01-21 Sen.

    Senator Dassler-Alfheim added as a cosponsor

  7. 2026-01-21 Sen.

    Read a second time

  8. 2026-01-21 Sen.

    Ordered to a third reading

  9. 2026-01-21 Sen.

    Rules suspended to give bill its third reading

  10. 2026-01-21 Sen.

    Read a third time and concurred in, Ayes 32, Noes 0

  11. 2026-01-21 Sen.

    Ordered immediately messaged

  12. 2026-01-16 Sen.

    Public hearing requirement waived by committee on Senate Organization , pursuant to Senate Rule 18 (1m) , Ayes 3, Noes 2

  13. 2026-01-16 Sen.

    Placed on calendar 1-21-2026 pursuant to Senate Rule 18(1)

  14. 2026-01-14 Sen.

    Received from Assembly

  15. 2026-01-14 Sen.

    Read first time and referred to committee on Senate Organization

  16. 2026-01-14 Sen.

    Available for scheduling

  17. 2026-01-13 Asm.

    Read a second time

  18. 2026-01-13 Asm.

    Referred to joint committee on Finance

  19. 2026-01-13 Asm.

    Withdrawn from joint committee on Finance and taken up

  20. 2026-01-13 Asm.

    Ordered to a third reading

  21. 2026-01-13 Asm.

    Rules suspended

  22. 2026-01-13 Asm.

    Read a third time and passed, Ayes 92, Noes 7

  23. 2026-01-13 Asm.

    Ordered immediately messaged

  24. 2026-01-12 Asm.

    Executive action taken by joint survey committee on Tax Exemptions

  25. 2026-01-12 Asm.

    Report of Joint Survey Committee on Tax Exemptions received, Ayes 9, Noes 0

  26. 2026-01-08 Asm.

    Referred to joint survey committee on Tax Exemptions pursuant to Assembly Rule 45 (4)

  27. 2026-01-08 Asm.

    Placed on calendar 1-13-2026 by Committee on Rules

  28. 2025-11-20 Asm.

    Report passage recommended by Committee on Ways and Means , Ayes 8, Noes 0

  29. 2025-11-20 Asm.

    Referred to committee on Rules

  30. 2025-11-12 Asm.

    Executive action taken

  31. 2025-11-05 Asm.

    Public hearing held

  32. 2025-11-05 Asm.

    Representative Penterman added as a coauthor

  33. 2025-11-04 Asm.

    Fiscal estimate received

  34. 2025-10-15 Asm.

    Introduced by Representative Steffen ; cosponsored by Senator Bradley

  35. 2025-10-15 Asm.

    Read first time and referred to Committee on Ways and Means

Official Summary Text

the sales tax exemption for memberships sold to real estate brokers
Status: A - Enacted into Law

Current Bill Text

Read the full stored bill text
Wisconsin Legislature: AB543: Bill Text

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AB543: Bill Text

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2025 - 2026 LEGISLATURE
LRB-1555/1
KP:wlj
2025 ASSEMBLY BILL 543
October 15, 2025 - Introduced by Representative
Steffen
, cosponsored by Senator
Bradley
. Referred to Committee on Ways and Means.
AB543,1,2
1
An Act

to amend
77.54 (72) of the statutes;
relating to:
the sales tax
2
exemption for memberships sold to real estate brokers.
Analysis by the Legislative Reference Bureau
This bill exempts from the sales and use tax memberships sold to licensed real estate brokers who, pursuant to the membership agreement, offer to compensate or cooperate with other real estate brokers in brokering sales of properties. Under current law, a sales and use tax exemption exists for memberships sold to licensed real estate brokers who, pursuant to the membership agreement, offer to compensate and cooperate with other real estate brokers in brokering sales of properties.
Because this bill relates to an exemption from state or local taxes, it may be referred to the Joint Survey Committee on Tax Exemptions for a report to be printed as an appendix to the bill.
For further information see the state and local 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:
AB543,1
3
Section

1
.
77.54 (72) of the statutes is amended to read:
AB543,2,6
1
77.54
(72)
The sales price from the sale of and the storage, use, or other
2
consumption of a membership sold to a real estate broker licensed under ch. 452
3
who, pursuant to the broker’s membership agreement, offers to compensate
and

or

4
cooperate with
, or both,
other real estate brokers in brokering sales of properties
5
and who obtains access to information about real estate listings
and compensation
6
offers
from other real estate brokers.
AB543,2
7
Section

2
. Effective date.
AB543,2,9
8
(
1
) This act takes effect on first day of the 3rd month beginning after
9
publication.
AB543,2,10
10
(end)

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