Assembly Bill 688
Increasing the maximum income threshold for the homestead tax credit and indexing the credit's thresholds. (FE)
Stopped in committee
It never got a , so it never came up for a vote. To try again, a lawmaker would have to start a new bill.
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Introduced, passed
Nov 12, 2021
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Committee, stopped here
Stopped here. No public hearing was held.
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Assembly vote, not reached
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Senate vote, not reached
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Governor, not reached
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Law, not reached
Latest entry in the official record, Mar 15, 2022: “Failed to pass pursuant to ”
It never got a hearing in the Assembly Committee on Ways and Means. See every bill that never got a hearing this session.
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Terms on this page
Committee
A small group of lawmakers that looks at a bill first. Most bills never leave committee.
Public hearing
A meeting where anyone can speak to a committee about a bill, or send written comments.
Senate Joint Resolution 1
The session's calendar. Any bill not passed by its last voting day dies.
Official term: Failed to pass pursuant to SJR 1. More in the glossary
Legislative Reference Bureau
The Legislature's nonpartisan office that drafts bills and writes the summary at the top of each one.
Official term: LRB analysis. More in the glossary
Author
A lawmaker who formally puts a bill forward. The text itself is drafted by the Legislative Reference Bureau.
Official term: Author, coauthor. More in the glossary
Signed on in support
Lawmakers who back a bill without being one of its authors, often from the other chamber.
Official term: Cosponsor. More in the glossary
Cost estimate
A state agency's estimate of what a bill would cost or save.
Official term: Fiscal estimate. More in the glossary
What it would have done
Summary by the , the Legislature's nonpartisan drafting office. It's their wording, not ours.
Under current law, the homestead tax credit is a refundable income tax credit that may be claimed by homeowners and renters. The credit is based on the claimant's household income and the amount of property taxes or rent constituting property taxes on his or her Wisconsin homestead. Because the credit is refundable, if the credit exceeds the claimant's income tax liability, he or she receives the excess as a refund check. Under current law, there are three key dollar amounts used when calculating the credit:
1. If household income is $8,060 or less, the credit is 80 percent of the property taxes or rent constituting property taxes. If household income exceeds $8,060, the property taxes or rent constituting property taxes are reduced by 8.785 percent of the household income exceeding $8,060, and the credit is 80 percent of the reduced property taxes or rent constituting property taxes.
Read the full summary Show less
2. The credit may not be claimed if household income exceeds $24,680.
3. The maximum property taxes or rent constituting property taxes used to calculate the credit is $1,460.
Beginning with claims filed in 2021, this bill increases the maximum income amount from $24,680 to $30,000. The bill also indexes the $8,060, $30,000, and $1,460 amounts for inflation, beginning in 2023.
Who's behind it
22 lawmakers are its . All 22 are Democrats.
7 more lawmakers .
See all 29 names Hide the names
Authors (22)
- Jimmy Anderson · Democrat, Assembly
- Beth Meyers · Democrat, Assembly
- Jill Billings · Democrat, Assembly
- Marisabel Cabrera · Democrat, Assembly
- Sue Conley · Democrat, Assembly
- Dave Considine · Democrat, Assembly
- Steve Doyle · Democrat, Assembly
- Dora Drake · Democrat, Senate
- Gary Hebl · Democrat, Assembly
- Dianne Hesselbein · Democrat, Senate
- Tip McGuire · Democrat, Assembly
- Greta Neubauer · Democrat, Assembly
- Sondy Pope · Democrat, Assembly
- Daniel Riemer · Democrat, Assembly
- Katrina Shankland · Democrat, Assembly
- Kristina Shelton · Democrat, Assembly
- Christine Sinicki · Democrat, Assembly
- Lee Snodgrass · Democrat, Assembly
- Mark Spreitzer · Democrat, Senate
- Shelia Stubbs · Democrat, Assembly
- Lisa Subeck · Democrat, Assembly
- Don Vruwink · Democrat, Assembly
Signed on in support (7)
- Janet Bewley · Democrat, Senate
- Tim Carpenter · Democrat, Senate
- LaTonya Johnson · Democrat, Senate
- Lena Taylor · Democrat, Senate
- Chris Larson · Democrat, Senate
- Janis Ringhand · Democrat, Senate
- Bob Wirch · Democrat, Senate
What it would cost
State agencies filed a . Each opens as a PDF from the Legislature.
What happened
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Mar 15, 2022
The session ended, and the bill died with it.
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Nov 22, 2021
A state agency sent in its estimate of the cost.
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Nov 12, 2021
Sent to the Assembly Committee on Ways and Means.
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Nov 12, 2021
Introduced in the Assembly.
See the official record, word for word Hide the official record
- Nov 12, 2021 · Assembly
Introduced by Representatives Riemer, B. Meyers, Hebl, Snodgrass, McGuire, Neubauer, Conley, Hesselbein, Considine, Vruwink, Pope, Doyle, Cabrera, Subeck, Sinicki, Stubbs, Spreitzer, Anderson, Shankland, Billings, Drake and Shelton; cosponsored by Senators Ringhand, L. Taylor, Bewley, Johnson, Carpenter, Larson and Wirch
- Nov 12, 2021 · Assembly
Read first time and referred to Committee on Ways and Means
- Nov 22, 2021 · Assembly
Fiscal estimate received
- Mar 15, 2022 · Assembly
Failed to pass pursuant to Senate Joint Resolution 1
Terms on this page
Committee
A small group of lawmakers that looks at a bill first. Most bills never leave committee.
Public hearing
A meeting where anyone can speak to a committee about a bill, or send written comments.
Senate Joint Resolution 1
The session's calendar. Any bill not passed by its last voting day dies.
Official term: Failed to pass pursuant to SJR 1. More in the glossary
Legislative Reference Bureau
The Legislature's nonpartisan office that drafts bills and writes the summary at the top of each one.
Official term: LRB analysis. More in the glossary
Author
A lawmaker who formally puts a bill forward. The text itself is drafted by the Legislative Reference Bureau.
Official term: Author, coauthor. More in the glossary
Signed on in support
Lawmakers who back a bill without being one of its authors, often from the other chamber.
Official term: Cosponsor. More in the glossary
Cost estimate
A state agency's estimate of what a bill would cost or save.
Official term: Fiscal estimate. More in the glossary
From the Wisconsin Legislature's official record, checked Sep 15, 2026. See the source
Committee
A small group of lawmakers that looks at a bill first. Most bills never leave committee.
Public hearing
A meeting where anyone can speak to a committee about a bill, or send written comments.
Senate Joint Resolution 1
The session's calendar. Any bill not passed by its last voting day dies.
Official term: Failed to pass pursuant to SJR 1
Legislative Reference Bureau
The Legislature's nonpartisan office that drafts bills and writes the summary at the top of each one.
Official term: LRB analysis
Signed on in support
Lawmakers who back a bill without being one of its authors, often from the other chamber.
Official term: Cosponsor
Cost estimate
A state agency's estimate of what a bill would cost or save.
Official term: Fiscal estimate