Wisconsin 2025-2026 Regular Session

Wisconsin Assembly Bill AB976

Introduced
1/30/26  
Refer
1/30/26  

Caption

An Act to renumber 76.639 (3); to amend 71.07 (8b) (a) 7., 71.07 (8b) (c) 2., 71.28 (8b) (a) 7., 71.28 (8b) (c) 2., 71.47 (8b) (a) 7., 71.47 (8b) (c) 2., 76.639 (1) (g), 76.67 (2), 234.45 (1) (e) and 234.45 (4); to create 76.639 (3) (b), 234.45 (1) (em) and 234.45 (5m) of the statutes; Relating to: changes to the low-income housing tax credit. (FE)

Impact

If enacted, AB976 would directly impact state housing laws by providing additional resources and mechanisms aimed at promoting the construction and rehabilitation of low-income housing units. This would not only contribute to the availability of affordable housing but also strategically address broader issues of homelessness and economic disparity within the state. By refining tax credits, the bill aims to encourage participation from private developers, ultimately leading to an increase in the stock of affordable housing units.

Summary

AB976 is a legislative bill focused on modifications to the low-income housing tax credit program. This program is intended to incentivize the development and investment in affordable housing units, thereby addressing the housing crisis faced by low-income families across the state. The bill seeks to refine the existing tax credit structure to enhance its efficacy and accessibility. Lawmakers believe that by making these adjustments, they will stimulate greater engagement from investors and developers in the affordable housing sector.

Conclusion

Proponents of AB976 argue that the reformed tax credit structure is a much-needed response to the housing crisis and will lead to sustainable growth in the affordable housing sector. However, ongoing debates about the implications of the bill reflect broader discussions about housing equity, community representation, and economic justice. As the bill progresses, it will be essential to monitor how its provisions shape the housing landscape and the extent to which it meets the needs of vulnerable populations.

Contention

There are notable points of contention surrounding AB976, particularly regarding the allocation of tax credits and the criteria used to determine eligibility for these incentives. Critics of the bill argue that the modifications may favor larger developers over smaller, community-based initiatives, potentially exacerbating inequities in housing development. Additionally, there are concerns about whether the adjustments will lead to genuine increases in affordable housing or merely serve as financial benefits for investors without tangible benefits for the communities in need of housing.

Companion Bills

WI SB942

Crossfiled Changes to the low-income housing tax credit. (FE)

Previously Filed As

WI SB711

Taxation: federal conformity.

WI AB100

An act to amend the Budget Act of 2023 (Chapters 12, 38, and 189 of the Statutes of 2023) by amending Items 5227-122-0001 and 7502-495 of Section 2.

WI H3613

Executive Office of Health Policy

WI HB434

Exempt military driver's license applicants from driver's ed

WI HB1179

Transportation; changes various provisions of existing funds, etc.

WI HB1179

A BILL to amend and reenact §§ 33.2-359, 33.2-371, 33.2-1526, 33.2-1526.1, 33.2-3102, 33.2-3401, 33.2-3402, 33.2-3403, 33.2-3502, 46.2-774, and 46.2-2099.48 of the Code of Virginia; to amend the Code of Virginia by adding in Article 2 of Chapter 19 of Title 33.2 a section numbered 33.2-1904.1, by adding in Article 11 of Chapter 19 of Title 33.2 a section numbered 33.2-1937, by adding in Chapter 24 of Title 33.2 a section numbered 33.2-2402, by adding in Chapter 7 of Title 46.2 a section numbered 46.2-775, by adding a section numbered 58.1-603.3, and by adding in Chapter 17 of Title 58.1 articles numbered 13, 14, and 15, consisting of sections numbered 58.1-1749, 58.1-1750, and 58.1-1751; and to repeal § 33.2-3100.1 of the Code of Virginia, relating to transportation funding.

WI HB900

A BILL to amend and reenact §§ 33.2-358, 33.2-371, 33.2-1524, 33.2-1524.1, 33.2-1526.1, 33.2-3401, 33.2-3402, 33.2-3403, 33.2-3502, 46.2-774, 58.1-602, 58.1-603, as it is currently effective and as it may become effective, 58.1-609.5, 58.1-609.11, 58.1-612, 58.1-623, 58.1-647, and 58.1-648 of the Code of Virginia; to amend the Code of Virginia by adding in Article 2 of Chapter 19 of Title 33.2 a section numbered 33.2-1904.1, by adding in Article 11 of Chapter 19 of Title 33.2 a section numbered 33.2-1937, by adding in Chapter 24 of Title 33.2 a section numbered 33.2-2402, by adding in Chapter 7 of Title 46.2 a section numbered 46.2-775, by adding sections numbered 58.1-603.3 and 58.1-612.3, and by adding in Chapter 17 of Title 58.1 an article numbered 13, consisting of a section numbered 58.1-1749; and to amend Chapter 766 of the Acts of Assembly of 2013 by adding a nineteenth enactment, relating to sales and use tax on taxable services and digital personal property; taxes levied in certain transportation districts; funding for transportation.

WI HB618

An Act to amend and reenact §§ 2.2-2818, 38.2-3445.02, 38.2-3462, 38.2-4214, 38.2-4319, and 38.2-5904 of the Code of Virginia; to amend the Code of Virginia by adding in Article 2 of Chapter 34 of Title 38.2 a section numbered 38.2-3419.2; and to repeal §§ 38.2-3419.1, 38.2-3445.2, and 38.2-5601 of the Code of Virginia, relating to health insurance; reporting requirements.

WI HB184

Prescribe limitations on intercollegiate athlete contracts

WI AB104

An act to amend the Budget Act of 2025 (Chapters 4 and 5 of the Statutes of 2025) by amending Items 0540-103-0001, 0690-301-0001, 0977-401, 1700-001-0001, 3125-301-0140, 3125-301-6088, 3540-001-0001, 3790-111-0577, 3825-002-6088, 3970-492, 5180-101-0890, 5180-151-0001, 5180-151-0890, 6100-107-0001, 6440-001-0001, 6610-001-0001, 6870-101-0001, 6870-194-0001, and 7760-101-0001 of, adding Items 3340-490, 5225-493, 5225-494, 6100-492, and 6870-403 to, repealing Item 3125-301-0720 of, Section 2.

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