Assembly Republicans and Governor Walker have struck a deal on a proposal to provide taxpayers with a one-time tax credit of $100 per child and a one-time sales tax holiday for purchases of $100 or less. This agreement replaces an earlier plan proposed by the governor to create an ongoing, annual child tax credit.
While Republicans who firmly control the state Assembly are on board, the future of the proposal in the GOP-controlled state Senate, however, is uncertain.
According to Senate Majority Leader Scott Fitzgerald (R-Juneau), it’s unclear whether Senate Republicans will support it. Fitzgerald said he will discuss the proposal with his members Tuesday.
Last night (Oct. 19), the U.S. Senate approved a federal fiscal year 2018 budget resolution, a key procedural step in setting the stage for the Senate, which is narrowly controlled by Republicans, to pass a federal income tax reform bill along party lines.
The budget resolution passed by a 51-49 vote, with all Republicans except Sen. Rand Paul of Kentucky voting in favor and all Democrats opposing.
The U.S. House of Representatives, which is currently in recess until Oct. 23, has already passed a budget resolution of its own. The Senate’s action, passed as an amendment to the earlier House-passed budge resolution (H.Con. Res. 71), continues momentum toward debate and passage of tax reform.
The final measure will provide instructions for fiscal year 2018 appropriations for education programs for education programs, as well as for tax reform and health care reform. Moreover, the budget resolution will determine the scope of most legislative priorities for the current session of Congress.
Updated: The state Senate voted 19-14 to pass the state budget and send it to Gov. Walker after he agreed to certain vetoes to gain the support of Senate GOP holdouts Sen. Chris Kapenga (R-Delafield), Sen. Steve Nass (R-Whitewater) and Sen. Duey Stroebel (R-Saukville).
A new analysis by the non-partisan Legislative Fiscal Bureau and provided to the WASB by Capitol sources shows the impact on school districts statewide of shifting from Governor Walker’s proposed increases in sparsity aid to an increase in the low revenue ceiling which was first proposed by the state Assembly. The impact amounts to shifting proposed resources from districts that would qualify for sparsity aid under the governor’s proposal to giving historically low spending districts the opportunity to catch up with higher revenue districts by raising revenue locally.
State Senate Majority Leader Scott Fitzgerald (R-Juneau) says negotiations with the state Assembly on the state budget and Foxconn incentives legislation have stalled. Fitzgerald spoke to Capitol reporters and said the Assembly is moving forward on the Foxconn bill without input from Senators and he is not sure he has the votes to pass it in his house. He also restated the Senate’s priority of completing the state budget first and then working on the Foxconn incentives. We previously posted on reports that the budget committee would not be able to meet until the week of August 21 at the earliest.
With passage of the 2017-19 state budget now more than a month overdue, the Republican leaders of the state Senate and Assembly have found another thing on which they don’t agree: how to move forward with Governor Scott Walker’s proposed special session legislation to provide tax and other incentives to close the deal to bring Taiwan-based tech giant Foxconn to Wisconsin.