AB 539

This bill creates an individual income tax checkoff for the Wisconsin State

Firefighters Memorial, Inc., the proceeds of which support the construction,

improvement, and maintenance of the fire fighters memorial. The bill requires that

an amount equal to the total amount of designations received, less the total cost of

administering the income tax checkoff procedure, be transferred to the corporation.

Currently, there are eight permanent checkoffs to which taxpayers may make

a designation. Current law prohibits the Department of Revenue from placing more

than ten checkoffs, not including temporary checkoffs, on the income tax form.

Current law also requires DOR to remove from the tax forms any checkoffs that do

not generate at least an average of $50,000 of designations per year over the most

recent three-year period. Formerly, a temporary checkoff for the fire fighters

memorial appeared on the tax forms, but it was removed by DOR because it failed

to generate the required level of designations. The checkoff created in this bill would

be a permanent checkoff.