Bills · 2017-2018 Regular Session
Relating to: claiming the historic rehabilitation tax credit for replacing windows to remediate a lead hazard. (FE)
Housing Housing and economic development authority, wisconsin Income tax — Credit Public health
- Introduced, stopped here
- Passes Senate, not reached
- Passes Assembly, 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
This bill allows an individual to claim the historic rehabilitation tax credit for
25 percent of the costs incurred to remove and replace windows in the individual's
personal residence, if that residence is historic property, in order to remediate a lead
hazard. Under current law, an individual may claim the historic rehabilitation tax
credit in an amount equal to 25 percent of the costs of preserving or rehabilitating
the individual's historic property located in this state if the property is the
individual's personal residence. Current law does not allow the homeowner to claim
the credit for removing and replacing windows.
What it would cost
Fiscal estimates filed by state agencies, as official PDFs
Sponsors
Full history
- Feb 28, 2018 · Senate
Introduced by Senators Johnson, L. Taylor, Larson and Bewley; cosponsored by Representatives C. Taylor, Brostoff, Young, Kolste, Berceau, Anderson, Crowley, Sargent, Sinicki, Ohnstad, Fields, Subeck and Wachs
- Feb 28, 2018 · Senate
Read first time and referred to Committee on Insurance, Financial Services, Constitution and Federalism
- Mar 9, 2018 · Senate
Fiscal estimate received
- Mar 28, 2018 · Senate
Failed to pass pursuant to Senate Joint Resolution 1