WisconsinWisconsin would let taxpayers subtract qualified overtime pay
For tax years starting after 2024, eligible taxpayers could subtract qualified overtime pay, but the amount would count again when calculating homestead credit income.
What it does
For tax years starting after 2024, claimants could subtract qualified overtime pay, with a limit for part-year residents and nonresidents based on pay taxable in Wisconsin.
The amount subtracted for overtime pay would be added back when calculating income for the homestead credit.
Argument forEligible taxpayers could subtract qualified overtime pay from Wisconsin income, which may reduce the income subject to state tax.
Argument againstAdding the subtraction back for homestead credit calculations could keep it from lowering the income used to determine a claimant’s credit.
More detail
The text allows a subtraction for qualified overtime compensation. It applies to claimants with qualified overtime compensation, as federal law defines it. The subtraction is tied to the amount the claimant may deduct under federal law. For part-year residents and nonresidents, it is limited to the share of their qualified overtime compensation taxable in Wisconsin. The subtraction applies to tax years beginning after December 31, 2024. For tax years beginning after December 31, 2028, it could be claimed even if federal law bars the federal deduction.
The text counts the overtime subtraction as income when determining the homestead credit. It applies when calculating income for the homestead credit. This treatment applies to claims for tax years beginning after December 31, 2024.
Where do you stand?
Choose your position
Tell your reps
Take a position to see your representatives and ways to contact them.
Where it stands
- Introduced
- Passed Assembly
- Passed Senate
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- May 13Failed to pass notwithstanding the objections of the Governor pursuant to Joint Rule 82Latest
- May 12Placed on calendar 5-12-2026 pursuant to Joint Rule 82 (2)(a)
- Apr 3Report vetoed by the Governor Tony Evers on 4-3-2026Major
- Apr 2Presented to the Governor on 4-2-2026To Governor
- Mar 25Report correctly enrolled on 3-25-2026Minor
- Mar 18Received from Senate concurred inMinor
- Mar 17Ordered immediately messaged
- Vote recorded SHALL THE DECISION OF THE CHAIR STAND. Result: pass.Upper
- Vote recorded CONCURRENCE. Result: pass.Upper
- Vote recorded SHALL THE DECISION OF THE CHAIR STAND. Result: pass.Upper
- Vote recorded SHALL THE DECISION OF THE CHAIR STAND. Result: pass.Upper
- Mar 17Read a third time and concurred in, Ayes 21, Noes 12Passed Senate
- Mar 17Rules suspended to give bill its third reading
- Mar 17Ordered to a third readingMinor
- Mar 17Decision of the Chair stands as the judgment of the Senate, Ayes 18, Noes 15
- Mar 17Point of order that Senate Substitute Amendment 3 was not germane well taken
- Mar 17Decision of the Chair stands as the judgment of the Senate, Ayes 18, Noes 15
- Mar 17Point of order that Senate Substitute Amendment 2 was not germane well taken
- Mar 17Decision of the Chair stands as the judgment of the Senate, Ayes 18, Noes 15
- Mar 17Point of order that Senate Substitute Amendment 1 was not germane well taken
- Mar 17Read a second timeMinor
- Mar 17Senate Substitute Amendment 3 offered by Senators Habush Sinykin, Carpenter, Dassler-Alfheim, Drake, Hesselbein, L. Johnson, Keyeski, Larson, Pfaff, Ratcliff, Roys, Smith, Spreitzer, Wall and WirchMinor
- Mar 17Senate Substitute Amendment 2 offered by Senators Roys, Carpenter, Dassler-Alfheim, Drake, Habush Sinykin, Hesselbein, L. Johnson, Keyeski, Larson, Pfaff, Ratcliff, Smith, Spreitzer, Wall and WirchMinor
- Mar 17Senate Substitute Amendment 1 offered by Senators Spreitzer, Carpenter, Dassler-Alfheim, Drake, Habush Sinykin, Hesselbein, L. Johnson, Keyeski, Larson, Pfaff, Ratcliff, Roys, Smith, Wall and WirchMinor
- Mar 16Placed on calendar 3-17-2026 pursuant to Senate Rule 18(1)
- Feb 17Report of Joint Survey Committee on Tax Exemptions received, Ayes 5, Noes 4Minor
- Vote recorded Report of Joint Survey Committee on Tax Exemptions received, Ayes 5, Noes 4. Result: pass.Upper
- Feb 16Available for scheduling
- Vote recorded Report concurrence recommended by Joint Committee on Finance, Ayes 11, Noes 3. Result: pass.Upper
- Feb 16Report concurrence recommended by Joint Committee on Finance, Ayes 11, Noes 3Minor
- Feb 16Executive action taken
- Feb 13Report of Joint Survey Committee on Tax Exemptions requested
- Vote recorded Report concurrence recommended by Committee on Agriculture and Revenue, Ayes 5, Noes 3. Result: pass.Upper
- Feb 13Withdrawn from committee on Senate Organization and rereferred to joint committee on Finance pursuant to Senate Rule 46(2)(c)Minor
- Feb 13Available for scheduling
- Feb 13Report concurrence recommended by Committee on Agriculture and Revenue, Ayes 5, Noes 3Minor
- Feb 13Executive action taken
- Feb 12Public hearing held
- Jan 16Read first time and referred to committee on Agriculture and RevenueMinor
- Jan 16Received from AssemblyMinor
- Jan 15Ordered immediately messaged
- Vote recorded PASSAGE. Result: pass.Lower
- Vote recorded SHALL THE DECISION OF THE CHAIR STAND. Result: pass.Lower
- Vote recorded SHALL THE DECISION OF THE CHAIR STAND. Result: pass.Lower
- Jan 15Read a third time and passed, Ayes 61, Noes 35, Paired 2Passed Assembly
- Jan 15Rules suspended
- Jan 15Ordered to a third readingMinor
- Jan 15Assembly Substitute Amendment 3 adoptedMajor
- Jan 15Assembly Substitute Amendment 3 offered by Representative MelotikMinor
- Jan 15Decision of the Chair upheld, Ayes 52, Noes 44
- Jan 15Decision of the Chair appealed
- Jan 15Point of order that Assembly Substitute Amendment 4 not germane under Assembly Rule 54 (3)(f) well taken
- Jan 15Assembly Substitute Amendment 4 offered by Representative BareMinor
- Jan 15Decision of the Chair upheld, Ayes 52, Noes 44
- Jan 15Decision of the Chair appealed
- Jan 15Point of order that Assembly Substitute Amendment 5 not germane under Assembly Rule 54 (3)(f) well taken
- Jan 15Assembly Substitute Amendment 5 offered by Representative BareMinor
- Jan 15Read a second timeMinor
- Jan 15Assembly Substitute Amendment 2 offered by Representative BareMinor
- Jan 15Assembly Substitute Amendment 1 offered by Representative BareMinor
- Jan 14Representative Stubbs withdrawn as a coauthorMajor
- Jan 13Placed on calendar 1-15-2026 by Committee on Rules
- Vote recorded Report Assembly Amendment 1 adoption recommended by Committee on Ways and Means, Ayes 10, Noes 0. Result: pass.Lower
- Vote recorded Report passage as amended recommended by Committee on Ways and Means, Ayes 7, Noes 3. Result: pass.Lower
- Jan 13Referred to committee on RulesMinor
- Jan 13Report passage as amended recommended by Committee on Ways and Means, Ayes 7, Noes 3Minor
- Jan 13Report Assembly Amendment 1 adoption recommended by Committee on Ways and Means, Ayes 10, Noes 0Minor
- Jan 13Executive action taken
- Jan 9Representative Tucker added as a coauthor
- Jan 8Public hearing held
- Jan 7Assembly Amendment 1 offered by Representative MelotikMinor
- 2025
- Oct 7Fiscal estimate receivedMinor
- Sep 29Representative Stubbs added as a coauthor
- Sep 26Read first time and referred to Committee on Ways and MeansMinor
- Sep 26Introduced by Representatives Melotik, Donovan, Franklin, Callahan, Dittrich, Goeben, Green, B. Jacobson, Kaufert, Knodl, Kreibich, Mursau, Penterman, Petersen, Sortwell, Steffen, Tusler and Wichgers; cosponsored by Senators Hutton, Wanggaard, Bradley, Cabral-Guevara, Jacque, Nass, Tomczyk and QuinnIntroduced
Taxes & Budget