Bills · 2025-2026 Regular Session
Relating to: changes to the low-income housing tax credit. (FE)
Housing Housing and economic development authority wisconsin Income tax — Credit Rural planning
- Introduced, stopped here
- Passes Senate, not reached
- Passes Assembly, not reached
- Governor signs, not reached
- Law, not reached
Unfamiliar terms? Glossary
What this bill does
Plain-language analysis by the nonpartisan Legislative Reference Bureau
Under current law, the Wisconsin Housing and Economic Development Authority administers a low-income housing tax credit program. Under that program, a person may claim as a credit against the person’s income or franchise tax liability, or against the person’s liability for fees imposed on an insurer, the amount allocated by WHEDA in an “allocation certificate” for a qualified low-income housing project.
The bill also requires that WHEDA, if possible, ensure that at least 35 percent of the tax credits it allocates each year under the program are for qualified low-income housing projects in rural areas in Wisconsin and removes the requirement that a qualified low-income housing project be financed with tax-exempt bonds.
Finally, the bill makes a technical change to the credit for insurers so that an insurer who is a shareholder of a tax-option corporation, a partner of a partnership, or a member of a limited liability company may claim the credit.
What it would cost
Fiscal estimates filed by state agencies, as official PDFs
Sponsors
Introduced by: Carpenter (D) , Dassler-Alfheim (D) , Habush Sinykin (D) , James (R) , Keyeski (D) , Quinn (R) , Ratcliff (D) , Wall (D) , Wirch (D)
Registered lobbying interests · 20
Organizations that registered lobbying activity on this bill with the Wisconsin Ethics Commission. Registration means interest, not a position for or against. Official record
- AARP
- Associated Builders and Contractors of Wisconsin Inc
- City of Madison
- Dane County
- Eau Claire Area Chamber of Commerce
- Greater Wisconsin Agency on Aging Resources
- InState Partners
- Jefferson County Economic Development Consortium
- League of Wisconsin Municipalities
- Lutheran Social Services of Wisconsin & Upper Michigan Inc
- Metropolitan Milwaukee Association of Commerce
- NAIOP Wisconsin
- Sugar Creek Capital
- Wisconsin Association of Local Health Departments and Boards
- Wisconsin Builders Association
- Wisconsin Economic Development Association
- Wisconsin Public Health Association
- Wisconsin REALTORS Association
- Wisconsin Ready Mixed Concrete Association
- Zillow Group, Inc.
Votes
Senate: Report adoption of Senate Amendment 1 recommended by Committee on Insurance, Housing, Rural Issues and Forestry, Ayes 5, Noes 0
Passed 5–0 May 9, 2025 official source full pageNo individual roll call was recorded for this vote. Committee votes and some older sessions record totals only.
Senate: Report passage as amended recommended by Committee on Insurance, Housing, Rural Issues and Forestry, Ayes 5, Noes 0
Passed 5–0 May 9, 2025 official source full pageNo individual roll call was recorded for this vote. Committee votes and some older sessions record totals only.
Senate: Report adoption of Senate Amendment 1 recommended by Joint Committee on Finance, Ayes 16, Noes 0
Passed 16–0 Jan 14, 2026 official source full pageNo individual roll call was recorded for this vote. Committee votes and some older sessions record totals only.
Senate: Report passage as amended recommended by Joint Committee on Finance, Ayes 16, Noes 0
Passed 16–0 Jan 14, 2026 official source full pageNo individual roll call was recorded for this vote. Committee votes and some older sessions record totals only.
Full history
- Apr 3, 2025 · Senate
Introduced by Senators Quinn, James, Carpenter, Dassler-Alfheim, Habush Sinykin, Keyeski, Ratcliff, Wall and Wirch; cosponsored by Representatives Armstrong, Green, Bare, Goodwin, Gundrum, B. Jacobson, Kitchens, Kreibich, Krug, Penterman, Piwowarczyk, Subeck and Tenorio
- Apr 3, 2025 · Senate
Read first time and referred to Committee on Insurance, Housing, Rural Issues and Forestry
- Apr 8, 2025 · Senate
Representative Roe added as a cosponsor
- Apr 14, 2025 · Senate
Fiscal estimate received
- Apr 15, 2025 · Senate
Senator Pfaff added as a coauthor
- Apr 16, 2025 · Senate
Fiscal estimate received
- Apr 17, 2025 · Senate
Public hearing held
- Apr 23, 2025 · Senate
Fiscal estimate received
- May 2, 2025 · Senate
Senate Amendment 1 offered by Senator Quinn
- May 9, 2025 · Senate
Report adoption of Senate Amendment 1 recommended by Committee on Insurance, Housing, Rural Issues and Forestry, Ayes 5, Noes 0
- May 9, 2025 · Senate
Report passage as amended recommended by Committee on Insurance, Housing, Rural Issues and Forestry, Ayes 5, Noes 0
- May 9, 2025 · Senate
Available for scheduling
- May 9, 2025 · Senate
Executive action taken
- Jan 12, 2026 · Senate
Representatives Palmeri and Fitzgerald added as cosponsors
- Jan 13, 2026 · Senate
Representative Miresse added as a cosponsor
- Jan 13, 2026 · Senate
Withdrawn from committee on Senate Organization and rereferred to joint committee on Finance pursuant to Senate Rule 46(2)(c)
- Jan 14, 2026 · Senate
Executive action taken
- Jan 14, 2026 · Senate
Report adoption of Senate Amendment 1 recommended by Joint Committee on Finance, Ayes 16, Noes 0
- Jan 14, 2026 · Senate
Report passage as amended recommended by Joint Committee on Finance, Ayes 16, Noes 0
- Jan 14, 2026 · Senate
Available for scheduling
- Mar 23, 2026 · Senate
Failed to pass pursuant to Senate Joint Resolution 1