Chamber Topper

Tax Cut Bill Passes Senate & Assembly  

This week, I joined my Assembly and Senate Republican colleagues in voting for $340 million in tax relief to benefit working families across Wisconsin.

I’m proud that the last several years of prudent budgeting has resulted in a surplus that we can return to Wisconsin’s hard working taxpayers. I have always been a big fan of allowing people to keep more of their own income. The plan we passed today does this without raising taxes in other areas and will provide more disposable income for working individuals and families, which will benefit all sectors of Wisconsin’s economy.

The proposed tax reductions are targeted to individuals making less than $100,000 and families earning $150,000 or less. The tax reduction is achieved by increasing the sliding scale individual income tax deduction and does not require any new filing requirements or forms. The nonpartisan Legislative Fiscal Bureau projects the median income family filing jointly would see a $310 reduction in net taxes.

We have already proven that we can reduce the tax burden in Wisconsin while continuing to invest in our priorities and grow the economy. Over the last eight years we cut taxes by over $8 billion, reduced our GAAP imbalance by 58%, and saw an increase in state general fund tax revenues of 25%.

The bill has is awaiting action by Governor Tony Evers.

 2-12

Another Bill I'm Authoring

Last week, I circulated a co-sponsorship memo and bill draft for a new legislative proposal I have been working on with my colleagues Representative Jason Fields (D-Milwaukee) and Senator Dale Kooyenga (R-Brookfield). Bill Draft and Co-Sponsor Memo Minority Teacher relating to: the minority teacher loan program.

The draft proposal (LRB-1376/1) would expand the existing Wisconsin Minority Teacher Loan Program to allow a minority teacher who works in a public or private school in a Wisconsin school district in which minority students constitute at least 40% of the membership to be eligible to apply for student loan forgiveness.  The program is currently limited only to public and private schools in the City of Milwaukee and is underutilized. By expanding this program, we will provide an opportunity for teachers in several new areas of the state to be eligible for this program. The program is a potential hiring/retention tool for schools and school districts, will help alleviate student loan debt, and could contribute to closing the achievement gap in Wisconsin. 

Water Quality Task Force 

The Speaker's Task Force on Water Quality was announced this week. Members have been tasked with gathering information and making policy recommendations to better assess and improve the quality of both surface water and ground water in our state.

Speaker Vos outlined five specific areas for the Task Force to examine:

  1. Identifying best practices for testing and data collection, measuring water quality in different parts of the state, and types of soil

  2. Determining the sources and causes of contaminants impacting water quality

  3. Consulting with stakeholders to assess current practices to manage runoff as well as suggestions to improve these efforts

  4. Investigating remedies that will protect a healthy and stable supply of water for residents and industry

  5. Studying best practices for designing and constructing wells and septic systems to safeguard a healthy water supply

The Task Force is committed to working with a diverse a group of stakeholders so they can include all perspectives and ideas. The Task Force has a website and is also accepting public comments. I have asked the Task Force Chairman, Rep. Todd Novak (R-Dodgeville) to consider holding a hearing in the 31st Assembly District to hear about what is happening in Rock and Walworth Counties and the surrounding communities. 
WQTF

  

My capitol office is here to help you with general inquiries as well as questions and concerns regarding legislative matters. Feel free to contact me or my staff. We are always ready to assist you in your needs. Please visit my website for press releases and other Capitol updates.

   


Rep. Amy Loudenbeck 
State Capitol, Room 304 East
PO Box 8952
Madison, WI 53708

Toll-Free (888) 529-0031 or (608) 266-9967
Rep.Loudenbeck@legis.wi.gov| |