Relating to: an income tax subtraction for qualified tips and for qualified overtime compensation; state aid for school districts; surplus refund payments; increasing funding for special education and school age parents programs; state aid to technical colleges and the technical college district revenue limit; and making an appropriation. (FE)

Summary

The act lets individuals subtract qualified tips and overtime pay from Wisconsin income tax, boosts funding for special‑education, school‑age‑parent programs and per‑pupil aid, and provides a one‑time surplus refund to eligible taxpayers. It also updates definitions used for school aid calculations and sets new payment schedules.

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