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Legislative Update


Assembly GOP members unveil tax cut proposal for state surplus funds

by | Feb 14, 2020 | Legislative Update Blog, State Budget, State Issue | 0 comments

The new GOP package, unveiled this morning, is centered around a $250 million income tax cut. The plan also includes putting money toward debt payments and tax cuts for manufacturers. Gov. Tony Evers had previously called for $250 million to go to public schools.

The legislators stated it was their plan for the package to be introduced as companion bills in both houses, have a hearing before the Joint Finance Committee on Monday, Feb. 17 and be on the Senate floor on Wednesday, Feb. 19 and then to the Assembly floor on Thursday, Feb. 20. It is widely expected that next week will be the last floor days of the 2019-20 session for the Assembly. Gov. Tony Evers would then have the choice of signing the package into law or vetoing it.

Wisconsin State Journal: Republicans propose nearly $250 million income tax cut

Update: Evers’ Spokesperson:

 

 

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