WisconsinProposal would let taxpayers lower taxes for local newspaper subscriptions
The proposal would let Wisconsin taxpayers lower their income taxes by half the cost of eligible local newspaper subscriptions, subject to yearly limits.
What it does
Taxpayers could claim a credit equal to half what they paid for eligible local newspaper subscriptions, up to $250 per year, or $125 for a married person filing separately.
Argument forTaxpayers who owe income tax could lower their bill by half the cost of eligible local newspaper subscriptions, up to the yearly limit.
Argument againstTaxpayers who owe little income tax could get a smaller credit because it cannot exceed the tax they owe.
More detail
A taxpayer could claim an income tax credit for part of the cost of eligible local newspaper subscriptions. The credit would cover subscriptions to newspapers qualified under Wisconsin law to print legal notices. The credit could not exceed the taxpayer’s income tax owed. A married taxpayer filing a separate return could claim no more than $125. The credit would apply to tax years beginning after December 31, 2024. Claims would have to be filed within the period allowed for income tax claims.
Where do you stand?
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Where it stands
- Introduced
- Passed Assembly
- Passed Senate
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Apr 9Fiscal estimate receivedLatest
- Mar 30Senator Keyeski added as a cosponsor
- Mar 23Failed to pass pursuant to Senate Joint Resolution 1Major
- Mar 19Read first time and referred to Committee on State AffairsMinor
- Mar 19Introduced by Representatives Brown, Emerson, Johnson, Clancy, McCarville, Sinicki and Udell; cosponsored by Senators Spreitzer, Pfaff, Ratcliff and RoysIntroduced
Taxes & Budget