Wisconsin · 2025-2026 Regular Session · Bill

SB 21: Relating to: creating an employee ownership conversion costs tax credit, a deduction for capital gains from the transfer of a business to employee ownership, and an employee ownership education and outreach program. (FE)

Did not advance Last action March 23, 2026: Failed to pass pursuant to Senate Joint Resolution 1

Plain-language summary

SB 21 is a bill introduced in the Wisconsin Senate on February 5, 2025. According to its official title, it concerns: Relating to: creating an employee ownership conversion costs tax credit, a deduction for capital gains from the transfer of a business to employee ownership, and an employee ownership education and outreach program. (FE). Primary sponsor: Jesse James (Republican), Chris Larson (Democratic), Cory Tomczyk (Republican). It lists 23 additional sponsors. Most recent recorded action (March 23, 2026): Failed to pass pursuant to Senate Joint Resolution 1.

Sponsors

Primary sponsors: Jesse James (Republican); Chris Larson (Democratic); Cory Tomczyk (Republican). 23 co-sponsors.