SB 853

This bill creates an individual income tax checkoff for the Wisconsin Fire &

EMS Memorial, Inc., the proceeds of which support the construction, improvement,

and maintenance of the fire fighters and emergency medical services 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 10 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 and

emergency medical services 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 the bill would be a permanent checkoff.