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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.

State or TerritoryWisconsin
Effected JurisdictionWisconsin
Jurisdiction type: State or Territory
Fiscal year ending In2023
Program nameLow Income Housing Credit
Program purpose: Housing
Statutory authority: Wisconsin Statutes 234.45
Abating jurisdiction(s): State of Wisconsin
Applicable taxesIncome Tax
Method of abatement: Tax Credit
Provisions for recapture: DOR may recover all or a portion of the credit if the claimant has not complied with all requirements
Gross revenue loss: $5,000,000
Reimbursement / offset: $0
Net revenue loss: $5,000,000
Type of loss: Active
Additional notes on dislosure(none)
Document sourcehttps://doa.wi.gov/budget/SCO/FY%202023%20ACFR%20Final.pdf