Relating to: exempting certain conveyances between grandparents and grandchildren from the real estate transfer fee. (FE)

SB 84 exempts real estate transfers between grandparents and grandchildren from the state's real estate transfer fee when the transfer is for nominal or no consideration (such as a gift). This change adds "grandparent and grandchild" to the existing list of family relationships already exempt under Wisconsin law, which includes parent-child and stepparent-stepchild transfers. The exemption applies only to transfers filed on or after the law's effective date (November 1, 2025), and does not apply to standard market-rate sales. This bill directly affects families transferring property between these generations without monetary exchange, reducing associated costs.