Bill Would Eliminate Taxes on Residential Electricity and Natural Gas
Thursday, January 12th, 2023 -- 9:00 AM
(Ryan Brahm, WOMT/WRN) State Senator Andre Jacque and Representative David Murphy have teamed up to introduce a new bill.
This bill, which is one of several they have combined forces on this month, aims to eliminate the sales and use tax on residential electricity and natural gas. The De Pere Senator and Greenville Assemblyman issued a joint statement on the bill, noting that “Wisconsin’s average residential energy rates are significantly higher than the Midwest and US averages.”
Under current law, electricity and natural gas sold between November and April for residential use is exempt from the sales and use tax. This bill exempts from the sales and use tax electricity and natural gas sold for residential use regardless of when it is sold.
Because this bill relates to an exemption from state or local taxes, it may be referred to the Joint Survey Committee on Tax Exemptions for a report to be printed as an appendix to the bill.
Feel free to contact us with questions and/or comments.