2009 WISCONSIN ACT
359
An Act
relating to:
requiring the Department of Revenue to study income tax reciprocity with the state of Minnesota.
The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:
Section
1
.
Nonstatutory provisions.
(1)
Department of revenue study.
(a) The department of revenue, in conjunction with the Minnesota department of revenue, shall conduct a study to determine at least all of the following:
1. The number of residents of each state who earn income from personal services in the other state.
2. The total amount of income earned in each state by the taxpayers described in subd. 1.
3. The amount of tax revenue that would be foregone by each state if an income tax reciprocity arrangement were resumed between the 2 states under which the taxpayers were required to pay income taxes on such income only in their state of residence.
(b) The study shall be conducted as soon as practicable, using information obtained from each state's income tax returns for tax year 2010 and from any other source of information the departments determine is necessary to complete the study.
(c) No later than December 31, 2011, the department of revenue shall submit a report containing the results of the study to the legislature under section 13.172 (2) of the statutes, the joint committee on finance, the governor, and the governor and legislature of Minnesota.
