Please Support 2021 Wisconsin SB 243 & AB 245 For Wisconsin Military Disabled Veterans

Please Support 2021 Wisconsin SB 243 & AB 245 For Wisconsin Military Disabled Veterans

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Brent Phare started this petition to Wisconsin residents and

Currently, Wisconsin Veterans who are homeowners, and have a service-connected disability rating of 100% receive a State Income Tax Credit in the amount equal to the property tax they paid on their primary residence if they claim it. This Credit can only be used for a primary residence, no other properties or residences the eligible Veteran owns are eligible for the Credit.

On March 24th, 2021 Wisconsin State Senator Andre Jacque introduced Bi-Partisan legislation, SB 243, a bill that would lower the threshold from the current 100% service-connected disability rating (Determined by the U.S. Department of Veterans Affairs) to a 70% service-connected disability rating.

The Bi-Partisan Bill can be viewed at the link below:

https://docs.legis.wisconsin.gov/2021/proposals/sb243

The lowered threshold would make more Disabled Wisconsin Veterans eligible for the State Income Tax Credit. With more State Income Tax Credits, these Disabled Veterans would be able to spend more money in their communities, which would generate more sales tax revenues and help with employment rates.

During the 2019 attempt at passing this threshold reduction, the WI. Department of Revenue projected a $14 million dollar impact on the State budget. Surely, the price of this Bill pales in comparison to the sacrifice those who would be eligible personally paid to be able to use this State Income Tax Credit.

To be clear, only service-connected disabled Veterans who are homeowners are eligible for this State Income Tax Credit. This program does not apply to those who rent and only the primary residence is eligible for this State Income Tax Credit.

Please consider supporting this important change to Wisconsin State Law for the benefit of our service-connected disabled Military Veterans who have sacrificed so much for all of us.

Thank you for your support.

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