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Tax Break Tracker Individual Entry

Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.

StateWisconsin
Effected JurisdictionWisconsin
Jurisdiction type: State
Fiscal year ending In2022
Program nameHistorical Preservation Tax Credit
Program purpose: Historic Preservation
Statutory authority: Wisconsin Statutes 238.17
Abating jurisdiction(s): State of Wisconsin
Applicable taxesIncome Tax
Method of abatement: Tax Credit
Provisions for recapture: If sale or noncompliance occurs within 5 years then a prorated amount of the credit received will be added back to the individual’s tax liability
Gross revenue loss: $14,700,000
Reimbursement / offset: $0
Net revenue loss: $14,700,000
Type of loss: Active
Additional notes on dislosure(none)
Document sourcehttps://doa.wi.gov/budget/SCO/FY%202022%20ACFR.pdf