Governor Evers and Republican Legislative Leaders Reach a Deal Regarding a Portion of the State's Budget Surplus

Wednesday, May 13th, 2026 -- 12:01 PM

(Wisconsin Radio Network) Tony Evers reaches an historic agreement with Republican legislative leaders.

According to the Wisconsin Radio Network, a bipartisan deal will invest more than $600 million in schools, provide property tax relief and eliminate taxes on overtime and tips.

The agreement was announced Monday after months of negotiations between the Democratic governor, Assembly Speaker Robin Vos, and Senate Majority Leader Devin LeMahieu, none of whom are running for reelection this fall.

It will use a portion of the state’s surplus to increase K-12 special education reimbursement to 50 percent, the largest in state history. The package provides more than $850 million in direct payments, with individuals receiving $300, and married couples filing jointly receiving $600 or their net tax liability, whichever is less.

The Joint Committee on Finance is set to take up the proposal Tuesday. With the Assembly and Senate expected to vote on Wednesday, Evers could sign the bill as early as next week.

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