Assembly Bill 922
Adopting federal income tax provisions related to depreciation and amortization. (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
Jan 12, 2024
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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, Apr 15, 2024: “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.
This bill adopts, beginning in tax year 2023, for state income and franchise tax purposes, the current federal Internal Revenue Code related to depreciation and amortization, including provisions related to a depreciation allowance for certain property, known as bonus depreciation. For state income and franchise tax purposes, current law generally adopts the federal Internal Revenue Code provisions related to depreciation and amortization in effect on January 1, 2014. Under the bill, generally, a taxpayer may take a depreciation deduction equal to 80 percent of the adjusted basis of qualified property placed in service during tax year 2023, and the applicable deduction percentage is 60 percent for tax year 2024, 40 percent for tax year 2025, and 20 percent for tax year 2026. Under current federal law, the bonus depreciation allowance sunsets for tax year 2027.
Who's behind it
5 representatives are its . All 5 are Republicans.
1 more lawmaker .
See all 6 names Hide the names
Authors (5)
- Joy Goeben · Republican, Assembly
- Dave Murphy · Republican, Assembly
- Jerry O'Connor · Republican, Assembly
- Peter Schmidt · Republican, Assembly
- Shae Sortwell · Republican, Assembly
Signed on in support (1)
- André Jacque · Republican, Senate
What it would cost
State agencies filed a . Each opens as a PDF from the Legislature.
What happened
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Apr 15, 2024
The session ended, and the bill died with it.
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Jan 31, 2024
A state agency sent in its estimate of the cost.
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Jan 12, 2024
Sent to the Assembly Committee on Ways and Means.
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Jan 12, 2024
Introduced in the Assembly.
See the official record, word for word Hide the official record
- Jan 12, 2024 · Assembly
Introduced by Representatives Sortwell, Murphy, O'Connor, Schmidt and Goeben; cosponsored by Senator Jacque
- Jan 12, 2024 · Assembly
Read first time and referred to Committee on Ways and Means
- Jan 31, 2024 · Assembly
Fiscal estimate received
- Apr 15, 2024 · 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