Skip to content

Bills · 2023-2024 Regular Session

AB 29

Became law Official bill text Atom feed

Relating to: a sales and use tax exemption for precious metal bullion. (FE)

Legislature — Tax exemptions joint survey committee on Lemon law Personal property Sales tax — Exemption

  1. Introduced, completed
  2. Passes Assembly, completed
  3. Passes Senate, completed
  4. Governor signs, completed
  5. Law, completed

Unfamiliar terms? Glossary

What this bill does

Plain-language analysis by the nonpartisan Legislative Reference Bureau

This bill creates a sales and use tax exemption for precious metal bullion. The

bill defines “precious metal bullion” as coins, bars, rounds, or sheets that contain at

least 35 percent gold, silver, copper, platinum, or palladium.

Because this bill relates to an exemption from state or local taxes, it may be

referred to the Joint Survey Committee on Tax Exemptions for a report to be printed

as an appendix to the bill.

What it would cost

Fiscal estimates filed by state agencies, as official PDFs

Sponsors

Introduced by: Allen (R) , Armstrong (R) , Behnke (R) , Bodden (R) , Brooks (R) , Gustafson (R) , Moses (R) , Murphy (R) , Mursau (R) , Penterman (R) , Petersen (R) , Rettinger (R) , Schraa (R) , Sortwell (R) , Tittl (R) , Tusler (R)

9 cosponsors

Cabral-Guevara (R) , Felzkowski (R) , Feyen (R) , Maxey (R) , Nass (R) , Quinn (R) , Spreitzer (D) , Stroebel (R) , Summerfield (R)

Votes

Assembly: Report passage recommended by Committee on Ways and Means, Ayes 8, Noes 4

Passed 8–4 Feb 14, 2024 official source full page

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

Assembly: Report of Joint Survey Committee on Tax Exemptions received, Ayes 8, Noes 1

Passed 8–1 Feb 19, 2024 official source full page

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

Assembly: PASSAGE

Passed 86–12 Feb 20, 2024 official source full page

Aye · 86

Not voting · 1

Senate: Report concurrence recommended by Joint Committee on Finance, Ayes 11, Noes 2

Passed 11–2 Mar 11, 2024 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 3, Noes 2

Passed 3–2 Mar 11, 2024 official source full page

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

Senate: SHALL THE DECISION OF THE CHAIR STAND

Passed 22–10 Mar 12, 2024 official source full page

Senate: SHALL THE DECISION OF THE CHAIR STAND

Passed 22–10 Mar 12, 2024 official source full page

Senate: CONCURRENCE

Passed 23–9 Mar 12, 2024 official source full page

Full history

  1. Feb 10, 2023 · Assembly

    Introduced by Representatives Sortwell, Schraa, Allen, Armstrong, Behnke, Bodden, Brooks, Gustafson, Moses, Murphy, Mursau, Penterman, Petersen, Rettinger, Tittl and Tusler; cosponsored by Senators Stroebel, Cabral-Guevara, Felzkowski, Feyen, Nass, Quinn and Spreitzer

  2. Feb 10, 2023 · Assembly

    Read first time and referred to Committee on Ways and Means

  3. Feb 16, 2023 · Assembly

    Fiscal estimate received

  4. Oct 24, 2023 · Assembly

    Representative Maxey added as a coauthor

  5. Jan 2, 2024 · Assembly

    Representative Summerfield added as a coauthor

  6. Feb 1, 2024 · Assembly

    Public hearing held

  7. Feb 13, 2024 · Assembly

    Executive action taken

  8. Feb 14, 2024 · Assembly

    Report passage recommended by Committee on Ways and Means, Ayes 8, Noes 4

  9. Feb 14, 2024 · Assembly

    Referred to committee on Rules

  10. Feb 14, 2024 · Assembly

    Referred to joint survey committee on Tax Exemptions pursuant to s. 13.52, Wisconsin Statutes

  11. Feb 15, 2024 · Assembly

    Placed on calendar 2-20-2024 by Committee on Rules

  12. Feb 19, 2024 · Assembly

    Executive action taken by joint survey committee on Tax Exemptions

  13. Feb 19, 2024 · Assembly

    Report of Joint Survey Committee on Tax Exemptions received, Ayes 8, Noes 1

  14. Feb 20, 2024 · Assembly

    Read a second time

  15. Feb 20, 2024 · Assembly

    Ordered to a third reading

  16. Feb 20, 2024 · Assembly

    Rules suspended

  17. Feb 20, 2024 · Assembly

    Read a third time and passed, Ayes 86, Noes 12

  18. Feb 20, 2024 · Assembly

    Ordered immediately messaged

  19. Feb 21, 2024 · Senate

    Received from Assembly

  20. Feb 26, 2024 · Senate

    Read first time and referred to committee on Senate Organization

  21. Feb 26, 2024 · Senate

    Available for scheduling

  22. Mar 11, 2024 · Senate

    Withdrawn from committee on Senate Organization and rereferred to joint committee on Finance pursuant to Senate Rule 46(2)(c)

  23. Mar 11, 2024 · Senate

    Executive action taken

  24. Mar 11, 2024 · Senate

    Report concurrence recommended by Joint Committee on Finance, Ayes 11, Noes 2

  25. Mar 11, 2024 · Senate

    Available for scheduling

  26. Mar 11, 2024 · Senate

    Public hearing requirement waived by committee on Senate Organization, pursuant to Senate Rule 18 (1m), Ayes 3, Noes 2

  27. Mar 11, 2024 · Senate

    Placed on calendar 3-12-2024 pursuant to Senate Rule 18(1)

  28. Mar 12, 2024 · Senate

    Senate Amendment 1 offered by Senators Carpenter, Wirch, Agard, Hesselbein, L. Johnson, Larson, Pfaff, Smith and Spreitzer

  29. Mar 12, 2024 · Senate

    Senate Amendment 2 offered by Senators Roys, Agard, Hesselbein, Smith, Larson, L. Johnson, Spreitzer, Pfaff, Wirch and Carpenter

  30. Mar 12, 2024 · Senate

    Read a second time

  31. Mar 12, 2024 · Senate

    Point of order that Senate Amendment 1 was not germane well taken

  32. Mar 12, 2024 · Senate

    Decision of the Chair stands as the judgment of the Senate, Ayes 22, Noes 10

  33. Mar 12, 2024 · Senate

    Point of order that Senate Amendment 2 was not germane well taken

  34. Mar 12, 2024 · Senate

    Decision of the Chair stands as the judgment of the Senate, Ayes 22, Noes 10

  35. Mar 12, 2024 · Senate

    Ordered to a third reading

  36. Mar 12, 2024 · Senate

    Rules suspended to give bill its third reading

  37. Mar 12, 2024 · Senate

    Read a third time and concurred in, Ayes 23, Noes 9

  38. Mar 12, 2024 · Senate

    Ordered immediately messaged

  39. Mar 12, 2024 · Assembly

    Received from Senate concurred in

  40. Mar 15, 2024 · Assembly

    LRB correction

  41. Mar 15, 2024 · Assembly

    Report correctly enrolled on 3-15-2024

  42. Mar 18, 2024 · Assembly

    Presented to the Governor on 3-18-2024

  43. Mar 21, 2024 · Assembly

    Report approved by the Governor on 3-21-2024. 2023 Wisconsin Act 149

  44. Mar 21, 2024 · Assembly

    Published 3-22-2024