Bills · 2013-2014 Regular Session

AB 644

Became law Official bill text Atom feed

Relating to: sales tax bad debt return adjustments for private label credit card bad debt. (FE)

Credit Crime and criminals Debt and debtors Retail establishment Sales tax

Introduced, completed
Passes Assembly, completed
Passes Senate, completed
Governor signs, completed
Law, completed

Unfamiliar terms? Glossary

What this bill does

Plain-language analysis by the nonpartisan Legislative Reference Bureau

Under current law, for sales tax purposes, a seller may claim on a sales tax

return a deduction for the amount of any bad debt that the seller writes off as

uncollectible in the seller's books and records, if the amount may be deducted as bad

debt for federal income tax purposes, regardless of whether the seller must file a

federal income tax return.

Under this bill, a lender who extends credit through a private label credit card,

dual purpose credit card, or dealer credit program, may enter into an agreement with

a seller so that the seller, the lender, or the lender's affiliate may claim a deduction

or a refund for bad debt. A private label credit card is any credit card that identifies

a seller's name or logo on the card and that may be used only for purchases from that

seller or from any of the seller's affiliates or franchisees. A dual purpose credit card

is a credit card that may be used as a private label credit card or to make purchases

from persons other than the seller whose name or logo appears on the card. A dealer

credit program is an arrangement for extending credit for a specific purchase from

a seller.

What it would cost

Fiscal estimates filed by state agencies, as official PDFs

Fiscal Estimate From DOR

Sponsors

Introduced by: Nygren (R)

1 cosponsors

Votes

Assembly: Report Assembly Amendment 1 adoption recommended by Committee on Ways and Means, Ayes 10, Noes 0

Passed 10–0 Feb 7, 2014 official source full page

No individual roll call was recorded for this vote. Committee votes and some older sessions record totals only.

Assembly: Report passage as amended recommended by Committee on Ways and Means, Ayes 10, Noes 0

Passed 10–0 Feb 7, 2014 official source full page

No individual roll call was recorded for this vote. Committee votes and some older sessions record totals only.

Assembly: Report Assembly Amendment 1 adoption recommended by Joint Committee on Finance, Ayes 12, Noes 4

Passed 12–4 Feb 20, 2014 official source full page

No individual roll call was recorded for this vote. Committee votes and some older sessions record totals only.

Assembly: Report passage as amended recommended by Joint Committee on Finance, Ayes 12, Noes 4

Passed 12–4 Feb 20, 2014 official source full page

No individual roll call was recorded for this vote. Committee votes and some older sessions record totals only.

Senate: Public hearing requirement waived by committee on Senate Organization, pursuant to Senate Rule 18 (1m), Ayes 5, Noes 0

Passed 5–0 Mar 31, 2014 official source full page

No individual roll call was recorded for this vote. Committee votes and some older sessions record totals only.

Senate: Read a third time and concurred in, Ayes 19, Noes 14

Passed 19–14 Apr 1, 2014 official source full page

Aye · 19

Nay · 14

Full history

Jan 21, 2014 · Assembly
Introduced by Representative Nygren; cosponsored by Senator Darling
Jan 21, 2014 · Assembly
Read first time and referred to Committee on Ways and Means
Jan 22, 2014 · Assembly
Fiscal estimate received
Jan 23, 2014 · Assembly
Public hearing held
Feb 3, 2014 · Assembly
Assembly Amendment 1 offered by Representative Nygren
Feb 6, 2014 · Assembly
Executive action taken
Feb 7, 2014 · Assembly
Report Assembly Amendment 1 adoption recommended by Committee on Ways and Means, Ayes 10, Noes 0
Feb 7, 2014 · Assembly
Report passage as amended recommended by Committee on Ways and Means, Ayes 10, Noes 0
Feb 7, 2014 · Assembly
Referred to Joint Committee on Finance
Feb 19, 2014 · Assembly
Executive action taken
Feb 20, 2014 · Assembly
Report Assembly Amendment 1 adoption recommended by Joint Committee on Finance, Ayes 12, Noes 4
Feb 20, 2014 · Assembly
Report passage as amended recommended by Joint Committee on Finance, Ayes 12, Noes 4
Feb 20, 2014 · Assembly
Referred to Committee on Rules
Mar 20, 2014 · Assembly
Rules suspended to withdraw from committee on Rules and take up
Mar 20, 2014 · Assembly
Read a second time
Mar 20, 2014 · Assembly
Assembly Substitute Amendment 1 offered by Representative Nygren
Mar 20, 2014 · Assembly
Assembly Substitute Amendment 1 adopted
Mar 20, 2014 · Assembly
Ordered to a third reading
Mar 20, 2014 · Assembly
Rules suspended
Mar 20, 2014 · Assembly
Read a third time and passed
Mar 20, 2014 · Assembly
Ordered immediately messaged
Mar 21, 2014 · Senate
Received from Assembly
Mar 24, 2014 · Senate
Read first time and referred to committee on Senate Organization
Mar 24, 2014 · Senate
Available for scheduling
Mar 31, 2014 · Senate
Public hearing requirement waived by committee on Senate Organization, pursuant to Senate Rule 18 (1m), Ayes 5, Noes 0
Mar 31, 2014 · Senate
Placed on calendar 4-1-2014 pursuant to Senate Rule 18(1)
Apr 1, 2014 · Senate
Read a second time
Apr 1, 2014 · Senate
Ordered to a third reading
Apr 1, 2014 · Senate
Rules suspended
Apr 1, 2014 · Senate
Read a third time and concurred in, Ayes 19, Noes 14
Apr 1, 2014 · Senate
Ordered immediately messaged
Apr 2, 2014 · Assembly
Received from Senate concurred in
Apr 3, 2014 · Assembly
Report correctly enrolled on 4-3-2014
Apr 7, 2014 · Assembly
Presented to the Governor on 4-7-2014
Apr 8, 2014 · Assembly
Report approved by the Governor on 4-8-2014. 2013 Wisconsin Act 229
Apr 8, 2014 · Assembly
Published 4-9-2014