Assembly Bill 933
Transferring the angel investment tax credit. (FE)
Became law
The governor signed it on Mar 21, 2024. It's .
-
Introduced, passed
Jan 12, 2024
-
Committee, passed
Approved
-
Assembly vote, passed
Passed Feb 20, 2024
-
Senate vote, passed
Passed Mar 12, 2024
-
Governor, passed
Signed
-
Law, here now
2023 Wisconsin Act 145
Latest entry in the official record, Mar 21, 2024: “Published 3-22-2024”
Following saves it on this device. New actions show on your Following page. You can also get updates in a feed reader.
Embed this on your site
Paste this code into your page. The card shows the latest record each time it loads. Preview the card
Terms on this page
Wisconsin Act
The number a bill gets when it becomes law, like 2025 Wisconsin Act 12.
Official term: Act. 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
Roll call
A vote where each lawmaker's yes or no is recorded by name.
Official term: Roll call vote. More in the glossary
What it does
Summary by the , the Legislature's nonpartisan drafting office. It's their wording, not ours.
This bill allows the angel investment tax credit to be sold or otherwise transferred to another taxpayer.
Under current law, the angel investment tax credit offsets the individual income tax and equals 25 percent of the claimant's eligible investment in a qualified new business venture that is certified by the Wisconsin Economic Development Corporation. The credit may not be sold or otherwise transferred. The credit is part of the early stage business investment program, along with the early stage seed investment tax credit. Unlike the angel investment tax credit, the early stage seed investment tax credit may be sold or otherwise transferred.
Read the full summary Show less
Under the bill, a person eligible to claim the angel investment tax credit may sell or otherwise transfer the credit to another person who is subject to Wisconsin individual income tax if the person notifies WEDC and the Department of Revenue of the transfer and submits a copy of the transfer documents. The bill provides that, as with the early stage seed investment tax credit under current law, a person may not sell or otherwise transfer a credit more than once in a 12-month period and WEDC may charge a fee of up to 5 percent of the credit amount. The bill also specifies that a person may not sell or otherwise transfer an individual credit more than once in a 12-month period.
Who's behind it
7 representatives are its . 6 are Republicans and 1 is a Democrat.
3 more lawmakers .
See all 10 names Hide the names
Authors (7)
- Dave Armstrong · Republican, Assembly
- Joy Goeben · Republican, Assembly
- Amanda Nedweski · Republican, Assembly
- Jerry O'Connor · Republican, Assembly
- Katrina Shankland · Democrat, Assembly
- Bob Wittke · Republican, Assembly
- Shannon Zimmerman · Republican, Assembly
Signed on in support (3)
- Rob Brooks · Republican, Assembly
- Dan Feyen · Republican, Senate
- Van Wanggaard · Republican, Senate
What it would cost
State agencies filed a . Each opens as a PDF from the Legislature.
Versions and amendments
Every text the Legislature printed for this bill, including proposed changes. Each opens on the Legislature's site.
How lawmakers voted
There were 3 votes on this bill.
Assembly Committee on State Affairs vote on an amendment
Passed, 11 to 0 · Feb 7, 2024
No member-by-member record exists for this vote. Committee votes and some older sessions record totals only.
Official motion: “Report Assembly Amendment 1 adoption recommended by Committee on State Affairs, Ayes 11, Noes 0”. Official record · This vote on its own page
Assembly Committee on State Affairs vote to recommend it
Passed, 11 to 0 · Feb 7, 2024
No member-by-member record exists for this vote. Committee votes and some older sessions record totals only.
Official motion: “Report passage as amended recommended by Committee on State Affairs, Ayes 11, Noes 0”. Official record · This vote on its own page
Senate Committee on Universities and Revenue vote to recommend it
Passed, 7 to 1 · Mar 8, 2024
No member-by-member record exists for this vote. Committee votes and some older sessions record totals only.
Official motion: “Report concurrence recommended by Committee on Universities and Revenue, Ayes 7, Noes 1”. Official record · This vote on its own page
What happened
-
Mar 21, 2024
The new law was published.
-
Mar 21, 2024
The governor signed it. It became 2023 Wisconsin Act 145.
-
Mar 18, 2024
Sent to the governor.
-
Mar 12, 2024
The Senate passed it too.
-
Mar 12, 2024
Sent to the Joint Committee on Finance.
-
Mar 8, 2024
The committee voted to recommend passing it, 7 to 1.
-
Mar 6, 2024
The committee held a public hearing.
-
Feb 26, 2024
Sent to the Senate Committee on Universities and Revenue.
-
Feb 21, 2024
The Senate received it.
-
Feb 20, 2024
The Assembly passed it.
-
Feb 20, 2024
The Assembly adopted it.
-
Feb 7, 2024
1 more representative signed on in support.
-
Feb 7, 2024
Sent to the Assembly Committee on Rules.
-
Feb 7, 2024
The committee voted to recommend passing it, 11 to 0.
-
Jan 24, 2024
The committee held a public hearing.
-
Jan 24, 2024
A state agency sent in its estimate of the cost.
-
Jan 22, 2024
A state agency sent in its estimate of the cost.
-
Jan 12, 2024
Sent to the Assembly Committee on State Affairs.
-
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 Wittke, Zimmerman, Armstrong, Goeben, Nedweski, O'Connor and Shankland; cosponsored by Senators Feyen and Wanggaard
- Jan 12, 2024 · Assembly
Read first time and referred to Committee on State Affairs
- Jan 22, 2024 · Assembly
Fiscal estimate received
- Jan 24, 2024 · Assembly
Fiscal estimate received
- Jan 24, 2024 · Assembly
Public hearing held
- Jan 30, 2024 · Assembly
Assembly Amendment 1 offered by Representative Wittke
- Jan 31, 2024 · Assembly
Executive action taken
- Feb 7, 2024 · Assembly
Report Assembly Amendment 1 adoption recommended by Committee on State Affairs, Ayes 11, Noes 0
- Feb 7, 2024 · Assembly
Report passage as amended recommended by Committee on State Affairs, Ayes 11, Noes 0
- Feb 7, 2024 · Assembly
Referred to committee on Rules
- Feb 7, 2024 · Assembly
Representative Brooks added as a coauthor
- Feb 15, 2024 · Assembly
Placed on calendar 2-20-2024 by Committee on Rules
- Feb 20, 2024 · Assembly
LRB correction (Assembly Amendment 1)
- Feb 20, 2024 · Assembly
Read a second time
- Feb 20, 2024 · Assembly
Assembly Amendment 1 adopted
- Feb 20, 2024 · Assembly
Ordered to a third reading
- Feb 20, 2024 · Assembly
Rules suspended
- Feb 20, 2024 · Assembly
Read a third time and passed
- Feb 20, 2024 · Assembly
Ordered immediately messaged
- Feb 21, 2024 · Senate
Received from Assembly
- Feb 26, 2024 · Senate
Read first time and referred to committee on Universities and Revenue
- Mar 6, 2024 · Senate
Public hearing held
- Mar 7, 2024 · Senate
Executive action taken
- Mar 8, 2024 · Senate
Report concurrence recommended by Committee on Universities and Revenue, Ayes 7, Noes 1
- Mar 8, 2024 · Senate
Available for scheduling
- Mar 11, 2024 · Senate
Placed on calendar 3-12-2024 pursuant to Senate Rule 18(1)
- Mar 12, 2024 · Senate
Read a second time
- Mar 12, 2024 · Senate
Referred to joint committee on Finance
- Mar 12, 2024 · Senate
Rules suspended to withdraw from joint committee on Finance and take up
- Mar 12, 2024 · Senate
Ordered to a third reading
- Mar 12, 2024 · Senate
Rules suspended to give bill its third reading
- Mar 12, 2024 · Senate
Read a third time and concurred in
- Mar 12, 2024 · Senate
Ordered immediately messaged
- Mar 12, 2024 · Assembly
Received from Senate concurred in
- Mar 15, 2024 · Assembly
Report correctly enrolled on 3-15-2024
- Mar 18, 2024 · Assembly
Presented to the Governor on 3-18-2024
- Mar 21, 2024 · Assembly
Report approved by the Governor on 3-21-2024. 2023 Wisconsin Act 145
- Mar 21, 2024 · Assembly
Published 3-22-2024
Terms on this page
Wisconsin Act
The number a bill gets when it becomes law, like 2025 Wisconsin Act 12.
Official term: Act. 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
Roll call
A vote where each lawmaker's yes or no is recorded by name.
Official term: Roll call vote. More in the glossary
From the Wisconsin Legislature's official record, checked Sep 15, 2026. See the source
Wisconsin Act
The number a bill gets when it becomes law, like 2025 Wisconsin Act 12.
Official term: Act
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
Roll call
A vote where each lawmaker's yes or no is recorded by name.
Official term: Roll call vote