Senate Bill 748
Sales tax exemption certificates for the sale of precious metal bullion. (FE)
Topics: Personal property, Revenue, Department of, Sales tax: Exemption
Became law
The governor signed it on Mar 27, 2026. It's .
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Introduced, passed
Dec 12, 2025
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Committee, passed
Approved
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Senate vote, passed
Passed 29 to 4
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Assembly vote, passed
Passed Feb 17, 2026
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Governor, passed
Signed
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Law, here now
2025 Wisconsin Act 124
Latest entry in the official record, Mar 27, 2026: “Published 3-28-2026”
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The same bill was also filed in the Assembly as AB 758. That version died when the session ended.
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.
Current law provides a sales and use tax exemption for the sale of precious metal bullion. In order to claim the exemption, the purchaser must provide an exemption certificate to the seller. The certificate is an electronic or paper certificate prescribed by the Department of Revenue. Under current law, many sales and use tax exemptions do not require the purchaser to provide an exemption certificate at the time of purchase. This bill eliminates the certificate requirement to claim the exemption for the sale of precious metal bullion.
Who's behind it
3 senators are its . 2 are Republicans and 1 is a Democrat.
11 more lawmakers .
See all 14 names Hide the names
Authors (3)
- Rachael Cabral-Guevara · Republican, Senate
- Steve Nass · Republican, Senate
- Mark Spreitzer · Democrat, Senate
Signed on in support (11)
- Dave Armstrong · Republican, Assembly
- Elijah Behnke · Republican, Assembly
- Jenna Jacobson · Democrat, Assembly
- Dan Knodl · Republican, Assembly
- Scott Krug · Republican, Assembly
- Dave Murphy · Republican, Assembly
- Jerry O'Connor · Republican, Assembly
- Sylvia Ortiz-Velez · Democrat, Assembly
- Will Penterman · Republican, Assembly
- Melissa Ratcliff · Democrat, Senate
- Shae Sortwell · Republican, Assembly
What it would cost
State agencies filed a . Each opens as a PDF from the Legislature.
How lawmakers voted
There were 2 votes on this bill.
Senate Committee on Agriculture and Revenue vote to recommend it
Passed, 8 to 0 · Feb 3, 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 Agriculture and Revenue, Ayes 8, Noes 0”. Official record · This vote on its own page
Senate vote to pass it
Passed, 29 to 4 · Feb 11, 2026
See how each of the 33 senators voted Hide the names
D: Democrat, R: Republican
Yes (29)
- André Jacque (R, 1)
- Brad Pfaff (D, 32)
- Chris Kapenga (R, 33)
- Cory Tomczyk (R, 29)
- Dan Feyen (R, 20)
- Devin LeMahieu (R, 9)
- Dianne Hesselbein (D, 27)
- Dora Drake (D, 4)
- Eric Wimberger (R, 2)
- Howard Marklein (R, 17)
- Jamie Wall (D, 30)
- Jeff Smith (D, 31)
- Jesse James (R, 23)
- Jodi Habush Sinykin (D, 8)
- John Jagler (R, 13)
- Julian Bradley (R, 28)
- Kristin Dassler-Alfheim (D, 18)
- LaTonya Johnson (D, 6)
- Mark Spreitzer (D, 15)
- Mary Felzkowski (R, 12)
- Melissa Ratcliff (D, 16)
- Patrick Testin (R, 24)
- Rachael Cabral-Guevara (R, 19)
- Rob Hutton (R, 5)
- Rob Stafsholt (R, 10)
- Romaine Quinn (R, 25)
- Sarah Keyeski (D, 14)
- Steve Nass (R, 11)
- Van Wanggaard (R, 21)
No (4)
- Bob Wirch (D, 22)
- Chris Larson (D, 7)
- Kelda Roys (D, 26)
- Tim Carpenter (D, 3)
Official motion: “PASSAGE”. Official record · This vote on its own page
What happened
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Mar 27, 2026
The new law was published.
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Mar 27, 2026
The governor signed it. It became 2025 Wisconsin Act 124.
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Mar 26, 2026
Sent to the governor.
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Feb 17, 2026
The Assembly passed it too.
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Feb 17, 2026
“Read” (the official wording)
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Feb 12, 2026
The Assembly received it.
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Feb 11, 2026
The Senate passed it, 29 to 4.
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Feb 11, 2026
“Withdrawn from joint committee on Finance and taken up” (the official wording)
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Feb 11, 2026
Sent to the Joint Committee on Finance.
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Feb 11, 2026
1 more senator signed on in support.
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Feb 3, 2026
The committee voted to recommend passing it, 8 to 0.
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Jan 28, 2026
The committee held a public hearing.
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Jan 6, 2026
A state agency sent in its estimate of the cost.
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Dec 22, 2025
1 more representative signed on in support.
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Dec 12, 2025
Sent to the Senate Committee on Agriculture and Revenue.
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Dec 12, 2025
Introduced in the Senate.
See the official record, word for word Hide the official record
- Dec 12, 2025 · Senate
Introduced by Senators Cabral-Guevara, Spreitzer and Nass; cosponsored by Representatives Sortwell, O'Connor, J. Jacobson, Armstrong, Behnke, Krug, Murphy, Ortiz-Velez and Penterman
- Dec 12, 2025 · Senate
Read first time and referred to Committee on Agriculture and Revenue
- Dec 22, 2025 · Senate
Representative Knodl added as a cosponsor
- Jan 6, 2026 · Senate
Fiscal estimate received
- Jan 28, 2026 · Senate
Public hearing held
- Feb 3, 2026 · Senate
Executive action taken
- Feb 3, 2026 · Senate
Report passage recommended by Committee on Agriculture and Revenue, Ayes 8, Noes 0
- Feb 3, 2026 · Senate
Available for scheduling
- Feb 9, 2026 · Senate
Placed on calendar 2-11-2026 pursuant to Senate Rule 18(1)
- Feb 11, 2026 · Senate
Senator Ratcliff added as a coauthor
- Feb 11, 2026 · Senate
Read a second time
- Feb 11, 2026 · Senate
Referred to joint committee on Finance
- Feb 11, 2026 · Senate
Withdrawn from joint committee on Finance and taken up
- Feb 11, 2026 · Senate
Ordered to a third reading
- Feb 11, 2026 · Senate
Rules suspended to give bill its third reading
- Feb 11, 2026 · Senate
Read a third time and passed, Ayes 29, Noes 4
- Feb 11, 2026 · Senate
Ordered immediately messaged
- Feb 12, 2026 · Assembly
Received from Senate
- Feb 17, 2026 · Assembly
Read
- Feb 17, 2026 · Assembly
Rules suspended to withdraw from Senate message and take up
- Feb 17, 2026 · Assembly
Read a second time
- Feb 17, 2026 · Assembly
Ordered to a third reading
- Feb 17, 2026 · Assembly
Rules suspended
- Feb 17, 2026 · Assembly
Read a third time and concurred in
- Feb 17, 2026 · Assembly
Ordered immediately messaged
- Feb 18, 2026 · Senate
Received from Assembly concurred in
- Feb 26, 2026 · Senate
Report correctly enrolled
- Mar 26, 2026 · Senate
Presented to the Governor on 3-26-2026
- Mar 27, 2026 · Senate
Report approved by the Governor on 3-27-2026. 2025 Wisconsin Act 124
- Mar 27, 2026 · Senate
Published 3-28-2026
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