Assembly Bill 494
Increasing the carryover period of the research income tax credit. (FE)
Topics: Business, Franchise: Taxation, Income tax: Credit, Industrial development
Stopped before the full Assembly voted
The recommended passing it, but the full Assembly never voted on it. The last day for votes this session was Mar 19, 2026. To try again, a lawmaker would have to start a new bill.
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Introduced, passed
Oct 9, 2025
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Committee, passed
Approved
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Assembly vote, stopped here
Stopped here. The full Assembly never voted on it.
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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 23, 2026: “Failed to pass pursuant to ”
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The same bill was also filed in the Senate as SB 482. That version became law.
Terms on this page
Committee
A small group of lawmakers that looks at a bill first. Most bills never leave committee.
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
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 would have done
Summary by the , the Legislature's nonpartisan drafting office. It's their wording, not ours.
This bill allows claimants of the research income and franchise tax credit to carry over unused research credits for 50 years until they are used to offset tax liability in future years. Under current law, claimants may carry over unused research credits for the following 15 years after the credit is initially claimed. Under current law, the research credit is an income and franchise tax credit equal to a specified percentage of a person’s qualified research expenses that exceed 50 percent of the person’s average qualified research expenses for the three tax years immediately preceding the tax year for which the person claims the credit.
Who's behind it
18 representatives are its . 17 are Republicans and 1 is a Democrat.
6 more lawmakers .
See all 24 names Hide the names
Authors (18)
- Dave Armstrong · Republican, Assembly
- Brent Jacobson · Republican, Assembly
- Mark Born · Republican, Assembly
- Calvin Callahan · Republican, Assembly
- Barbara Dittrich · Republican, Assembly
- Joel Kitchens · Republican, Assembly
- Dan Knodl · Republican, Assembly
- Rob Kreibich · Republican, Assembly
- Paul Melotik · Republican, Assembly
- Dave Murphy · Republican, Assembly
- Jeff Mursau · Republican, Assembly
- Will Penterman · Republican, Assembly
- Jim Piwowarczyk · Republican, Assembly
- David Steffen · Republican, Assembly
- Lisa Subeck · Democrat, Assembly
- Rob Swearingen · Republican, Assembly
- Bob Wittke · Republican, Assembly
- Shannon Zimmerman · Republican, Assembly
Signed on in support (6)
- Mary Felzkowski · Republican, Senate
- Dan Feyen · Republican, Senate
- Jodi Habush Sinykin · Democrat, Senate
- Sylvia Ortiz-Velez · Democrat, Assembly
- Melissa Ratcliff · Democrat, Senate
- Van Wanggaard · Republican, Senate
What it would cost
State agencies filed a . Each opens as a PDF from the Legislature.
How lawmakers voted
There was one vote on this bill.
Assembly Committee on Ways and Means vote to recommend it
Passed, 10 to 0 · Jan 14, 2026
No member-by-member record exists for this vote. Committee votes and some older sessions record totals only.
Official motion: “Report passage recommended by Committee on Ways and Means, Ayes 10, Noes 0”. Official record · This vote on its own page
What happened
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Mar 23, 2026
The session ended, and the bill died with it.
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Jan 14, 2026
Sent to the Assembly Committee on Rules.
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Jan 14, 2026
The committee voted to recommend passing it, 10 to 0.
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Nov 18, 2025
1 more senator signed on in support.
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Nov 12, 2025
The committee held a public hearing.
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Oct 17, 2025
A state agency sent in its estimate of the cost.
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Oct 14, 2025
1 more representative signed on in support.
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Oct 9, 2025
Sent to the Assembly Committee on Ways and Means.
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Oct 9, 2025
Introduced in the Assembly.
See the official record, word for word Hide the official record
- Oct 9, 2025 · Assembly
Introduced by Representatives Callahan, Armstrong, Born, Knodl, Melotik, Swearingen, Wittke, Zimmerman, Dittrich, B. Jacobson, Kreibich, Murphy, Mursau, Penterman, Piwowarczyk, Steffen, Subeck and Kitchens; cosponsored by Senators Feyen, Habush Sinykin, Felzkowski and Wanggaard
- Oct 9, 2025 · Assembly
Read first time and referred to Committee on Ways and Means
- Oct 14, 2025 · Assembly
Representative Ortiz-Velez added as a coauthor
- Oct 17, 2025 · Assembly
Fiscal estimate received
- Nov 12, 2025 · Assembly
Public hearing held
- Nov 18, 2025 · Assembly
Senator Ratcliff added as a cosponsor
- Jan 8, 2026 · Assembly
Executive action taken
- Jan 14, 2026 · Assembly
Report passage recommended by Committee on Ways and Means, Ayes 10, Noes 0
- Jan 14, 2026 · Assembly
Referred to committee on Rules
- Jan 14, 2026 · Assembly
Placed on calendar 1-20-2026 by Committee on Rules
- Jan 20, 2026 · Assembly
Laid on the table
- Mar 23, 2026 · 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.
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
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
Committee
A small group of lawmakers that looks at a bill first. Most bills never leave committee.
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
Roll call
A vote where each lawmaker's yes or no is recorded by name.
Official term: Roll call vote