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Post details: Wisconsin --Multiple Taxes: Conference Committee Offers Substitute Budget Bill
10/24/07
Wisconsin --Multiple Taxes: Conference Committee Offers Substitute Budget Bill
CCH (cch.taxgroup.com) reports:
The Wisconsin Committee of Conference on Senate Bill 40 offered a substitute budget bill on October 23, 2007, that would make numerous changes to corporation franchise and income, personal income, sales and use, property, cigarette, and other taxes. At press time, the bill had not yet been passed by either the Assembly or the Senate. Wisconsin Governor Jim Doyle has indicated that he will sign the bill, but may veto certain provisions. Highlights of the bill are discussed below.
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