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 Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
- Did not advance
Last official action: ·Record last updated:
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.
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
Sponsors
Sponsors by party (alphabetical): Democratic 13 · Republican 13
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Jesse James | Primary sponsor | Republican | Senate | 23 |
| Chris Larson | Primary sponsor | Democratic | Senate | 7 |
| Cory Tomczyk | Primary sponsor | Republican | Senate | 29 |
| Clint Anderson | Co-sponsor | Democratic | House | 45 |
| Ryan Clancy | Co-sponsor | Democratic | House | 19 |
| Angelina Cruz | Co-sponsor | Democratic | House | 62 |
| Ben DeSmidt | Co-sponsor | Democratic | House | 65 |
| Ben Franklin | Co-sponsor | Republican | House | 88 |
| Joy Goeben | Co-sponsor | Republican | House | 5 |
| Russell Goodwin | Co-sponsor | Democratic | House | 12 |
| Rick Gundrum | Co-sponsor | Republican | House | 58 |
| Francesca Hong | Co-sponsor | Democratic | House | 76 |
| Andrew Hysell | Co-sponsor | Democratic | House | 48 |
| Dean Kaufert | Co-sponsor | Republican | House | 53 |
| Rob Kreibich | Co-sponsor | Republican | House | 28 |
| Darrin Madison | Co-sponsor | Democratic | House | 10 |
| Dave Maxey | Co-sponsor | Republican | House | 83 |
| Vinnie Miresse | Co-sponsor | Democratic | House | 71 |
| Todd Novak | Co-sponsor | Republican | House | 51 |
| Jim Piwowarczyk | Co-sponsor | Republican | House | 98 |
| Priscilla Prado | Co-sponsor | Democratic | House | 9 |
| Shae Sortwell | Co-sponsor | Republican | House | 2 |
| Angela Stroud | Co-sponsor | Democratic | House | 73 |
| Ron Tusler | Co-sponsor | Republican | House | 3 |
| Randy Udell | Co-sponsor | Democratic | House | 47 |
| Chuck Wichgers | Co-sponsor | Republican | House | 84 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Failed to pass pursuant to Senate Joint Resolution 1
- Public hearing held
- Senate Amendment 2 to Senate Substitute Amendment 1 offered by Senator James
- Senate Amendment 1 to Senate Substitute Amendment 1 offered by Senator James
- Representative O'Connor added as a cosponsor
- Representative Bare added as a cosponsor
- Senate Substitute Amendment 1 offered by Senator James
- Representative Joers added as a cosponsor
- Representatives Fitzgerald and Roe added as cosponsors
- Fiscal estimate received
- Read first time and referred to Committee on Agriculture and Revenue
- Introduced by Senators James, Larson and Tomczyk; cosponsored by Representatives Sortwell, Franklin, Kaufert, Madison, Anderson, Clancy, Cruz, DeSmidt, Goeben, Goodwin, Gundrum, Hong, Hysell, Kreibich, Maxey, Miresse, Novak, Piwowarczyk, Prado, Stroud, Tusler, Udell and Wichgers