Bills · 2017-2018 Regular Session
Relating to: eliminating deductions for moving expenses for businesses that move out of the state or out of the United States. (FE)
Business Corporation — Taxation Franchise — Taxation
- Introduced, stopped here
- Passes Assembly, not reached
- Passes Senate, not reached
- Governor signs, not reached
- Law, not reached
Unfamiliar terms? Glossary
What this bill does
Plain-language analysis by the nonpartisan Legislative Reference Bureau
Under current law, a business may deduct from its income or franchise tax
liability all expenses that the business paid to move its operations from one location
to another, including expenses paid to relocate outside the state. Under this bill, a
business may not deduct expenses paid to move outside the state or outside the
United States.
What it would cost
Fiscal estimates filed by state agencies, as official PDFs
Sponsors
Introduced by: Anderson (D) , Barca (D) , Berceau (D) , Brostoff (D) , C. Taylor (D) , Considine (D) , Duchow (R) , Fields (D) , Genrich (D) , Hebl (D) , Hesselbein (D) , Horlacher (R) , Jacque (R) , Kolste (D) , Murphy (R) , Mursau (R) , Neylon (R) , Novak (R) , Ohnstad (D) , Petryk (R) , Pope (D) , Quinn (R) , R. Brooks (R) , Riemer (D) , Sargent (D) , Sinicki (D) , Skowronski (R) , Spiros (R) , Spreitzer (D) , Subeck (D) , Thiesfeldt (R) , Tittl (R) , Vruwink (D) , Wachs (D)
Full history
- Oct 24, 2017 · Assembly
Introduced by Representatives Neylon, C. Taylor, Anderson, Barca, Berceau, R. Brooks, Brostoff, Considine, Duchow, Fields, Genrich, Hebl, Hesselbein, Horlacher, Jacque, Kolste, Murphy, Mursau, Novak, Ohnstad, Petryk, Pope, Quinn, Riemer, Sargent, Sinicki, Skowronski, Spiros, Spreitzer, Subeck, Thiesfeldt, Tittl, Vruwink and Wachs; cosponsored by Senators Feyen, Bewley, Carpenter, Erpenbach, Johnson, Olsen, Risser and Wirch
- Oct 24, 2017 · Assembly
Read first time and referred to Committee on Ways and Means
- Oct 24, 2017 · Assembly
Assembly Amendment 1 offered by Representative Neylon
- Nov 2, 2017 · Assembly
Fiscal estimate received
- Nov 29, 2017 · Assembly
Representative Shankland added as a coauthor
- Mar 28, 2018 · Assembly
Failed to pass pursuant to Senate Joint Resolution 1