Relating to: a premium assistance individual income tax credit and making an appropriation. (FE)

Summary

The bill lets Wisconsin residents who buy qualified health‑insurance plans claim a premium assistance credit against their state income tax, similar to the federal premium tax credit. If the credit exceeds the tax owed, the state will pay the difference from a newly created fund, but only full‑year residents who are not eligible for the federal credit after 2025 may claim it. Claims must be filed within the time limits set by existing law.

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