State Rep. Dave Armstrong | Wisconsin State Assembly
State Rep. Dave Armstrong | Wisconsin State Assembly
Madison, WI – The Wisconsin Assembly met in a special session on November 14th and unanimously passed a historic workforce package aimed at benefiting Wisconsin's middle class. The package includes tax cuts, an expansion of the childcare tax credit, streamlined occupational licensure, and important reforms to the unemployment insurance system.
State Representative Dave Armstrong, a Republican from Rice Lake, expressed his support for the legislation, stating, "Legislative Republicans have consistently fought for lower taxes and welfare reform, and Governor Evers has just as consistently rejected these commonsense policies. This new package is yet another opportunity for the Governor to do the right thing for Wisconsin residents."
The Senate had previously passed an amended version of Special Session Senate Bill 1 in October, which was later concurred by the Assembly. The bill includes several key provisions that will have a significant impact on Wisconsin's workforce and economy.
One of the most notable aspects of the package is the tax cut for Wisconsin's middle class. The bill reduces the tax rate of the third tax bracket, which includes households with an average income of $67,000, from 5.3% to 4.4%. This tax cut amounts to a staggering $2 billion, providing much-needed relief to Wisconsin families.
Additionally, the workforce package expands the childcare tax credit, allowing Wisconsin families to claim a state credit equal to the federal credit, rather than just half. This change will save Wisconsin families an estimated $144 million over the next two tax cycles, making quality childcare more affordable and accessible.
The bill also addresses the issue of occupational licensure by making significant changes to Wisconsin's system. These changes include expanding the reciprocal credential process, ratifying interstate licensure compacts, extending renewal periods for certain occupations, and expanding the preliminary credential process. These reforms will make it easier for qualified individuals to work in the state, addressing the current workforce shortage.
Furthermore, the workforce package introduces important reforms to Wisconsin's unemployment insurance system. The reforms aim to place more emphasis on helping eligible claimants find employment while also identifying ineligible or fraudulent claimants through more robust database comparisons. These measures will ensure that unemployment benefits are targeted towards those who truly need them, while also encouraging individuals to reenter the workforce.
Representative Armstrong, who previously served as a county economic development director, understands the significance of creating an attractive environment for people to live and work in Wisconsin. He remarked, "By cutting taxes, making childcare more affordable, and simplifying the occupational licensure process, SS SB 1 is a big step in the right direction. I hope Governor Evers will sign it when it gets to his desk."
The workforce package passed by the Wisconsin Assembly represents a significant milestone in the state's efforts to support its middle class, encourage economic growth, and address the workforce shortage. With its comprehensive provisions, including tax cuts, expanded childcare tax credit, streamlined occupational licensure, and unemployment insurance reforms, the package is poised to make a positive impact on the lives of Wisconsin residents. The ball is now in Governor Evers' court to sign this legislation into law and prioritize the interests of Wisconsin's middle class.
For additional details, please follow this link: https://legis.wisconsin.gov/assembly/75/armstrong/news-updates/press-releases/armstrong-votes-for-workforce-package/