AB 543 Wisconsin Assembly · 2025-2026 Regular Session

Relating to: the sales tax exemption for memberships sold to real estate brokers. (FE)

AB 543 amends a sales tax exemption to include memberships sold to licensed real estate brokers who share property listing details and compensation offers with other brokers. The bill directly affects real estate brokers licensed under Chapter 452 by expanding the tax exemption to cover memberships that enable them to access shared listing information and cooperate on property sales. Key provisions clarify that memberships qualifying for the exemption must allow brokers to offer compensation, cooperate with other brokers, and access listing data from their network. This change provides a sales tax exemption for eligible broker memberships without altering existing tax rates or creating new requirements.
Bill status signed all 5 stages cleared
Introduction
Oct 2025
Committee Review
Jan 2026
Assembly Passage
Jan 2026
Senate Passage
Jan 2026
Signed into Law
Mar 2026
Introduced Oct 15, 2025 Signed Mar 20, 2026
Floor votes · Senate Jan 21, 2026 · Assembly Jan 13, 2026

How they voted

330
Passed · 1 other
Total votes 34
Jan 21, 2026
D Democratic16
15 Yea 1
93% Yea
R Republican18
18 Yea
100% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
35
Key actions
7
Committee
7
Mar 20, 2026
Signed into law
Report approved by the Governor on 3-20-2026. 2025 Wisconsin Act 108
lower
Jan 21, 2026
Upper · Passed
Read a third time and concurred in, Ayes 32, Noes 0
upper
Jan 16, 2026
Upper · Passed
Public hearing requirement waived by committee on Senate Organization, pursuant to Senate Rule 18 (1m), Ayes 3, Noes 2
upper
Jan 13, 2026
Lower · Passed
Read a third time and passed, Ayes 92, Noes 7
lower
Jan 13, 2026
Committee
Referred to joint committee on Finance
lower
Jan 12, 2026
Lower · Passed
Executive action taken by joint survey committee on Tax Exemptions
lower
Jan 8, 2026
Lower · Passed
Placed on calendar 1-13-2026 by Committee on Rules
lower
Jan 8, 2026
Committee
Referred to joint survey committee on Tax Exemptions pursuant to Assembly Rule 45 (4)
lower
Nov 20, 2025
Committee
Referred to committee on Rules
lower
Nov 20, 2025
Lower · Passed
Report passage recommended by Committee on Ways and Means, Ayes 8, Noes 0
lower
Oct 15, 2025
Introduced
Introduced by Representative Steffen; cosponsored by Senator Bradley
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of David Steffen
David Steffen
RRepublican
WI
4