AB 17: 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)

Plain-language summary

AB 17 is a bill introduced in the Wisconsin House on February 6, 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: Shae Sortwell (Republican), Ben Franklin (Republican), Dean Kaufert (Republican), Darrin Madison (Democratic), Clint Anderson (Democratic), Ryan Clancy (Democratic), Angelina Cruz (Democratic), Ben DeSmidt (Democratic), Joy Goeben (Republican), Russell Goodwin (Democratic), Rick Gundrum (Republican), Francesca Hong (Democratic), Andrew Hysell (Democratic), Rob Kreibich (Republican), Dave Maxey (Republican), Vinnie Miresse (Democratic), Todd Novak (Republican), Jim Piwowarczyk (Republican), Priscilla Prado (Democratic), Ron Tusler (Republican), Randy Udell (Democratic), Chuck Wichgers (Republican), Angela Stroud (Democratic). It lists 3 additional sponsors. Most recent recorded action (March 23, 2026): Failed to concur in pursuant to Senate Joint Resolution 1.

Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written