Legislative Updates

ALERT – Historic Tax Credit Bill Signed Into Law

April 16th, 2018|Comments Off on ALERT – Historic Tax Credit Bill Signed Into Law

On Monday, April 16, Governor Walker signed into law SB 668 (ACT 280), to increase the cap for the historic tax credit from $500,000 to $3.5M per project. The change received bipartisan support following

Wisconsin is Open for Business

April 12th, 2018|Comments Off on Wisconsin is Open for Business

Wisconsin is Open for Business The U.S. Treasury Approves Wisconsin’s Economic Opportunity Zone Designations The U.S. Treasury approved the first round of designated qualified Economic Opportunity Zone (EOZ) areas in 15 states, including Wisconsin’s

OSL Updates – FAQ – Commercial Form

April 8th, 2018|Comments Off on OSL Updates – FAQ – Commercial Form

FAQ: Practice by Out-of-State Licensees (OSL) How does Wisconsin’s Out‐of‐State license (OSL) law impact how I interact with OSL brokers? The legislation offers the opportunity in different situations for a

Legislative Priorities

Following a successful 2016, the Wisconsin Legislature is back in session with many new faces and new agendas.  The Commercial Association of REALTORS® 2017-18 legislative priorities includes:

  1. Making necessary infrastructure investments
  2. Preserving our environment and water resources
  3. Protecting private property rights
  4. Reducing frivolous lawsuits against REALTORS®
  5. Removing hurdles to successful real estate transactions

For a complete list of specific legislative priorities, Legislative priorities_final 2017.

The REALTORS® accomplished many key items in the last session including:

  • $406M property tax cut
  • Income tax reform
  • Landlord/tenant regulations
  • TIF Decrement
  • Broker experience requirement
  • Out of State Licenses
  • Historic rehabilitation tax credit

For a complete list and detail about the 2014 legislative accomplishments, click here.

Please see the 2014 Legislative Wrap Up for further detail.  If you have questions, please contact Tracy at tracy@carw.com or 414.271.2021

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