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 bill lets Wisconsin workers subtract qualified tips and overtime pay from their state taxable income, boosts funding for special‑education, school‑age‑parent programs, and per‑pupil aid, and issues a $300‑$600 surplus refund to eligible taxpayers for 2023‑24 returns. It also updates definitions of income, pupil counts, and how school district aid is calculated.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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