Contact:
Representative Rob Swearingen
(608) 266-7141
Madison, WI – Today, the Wisconsin State Assembly passed the 2023-2025 Biennial Budget, which provides the largest tax relief in Wisconsin state history, makes significant investments in transportation infrastructure, and addresses ongoing PFAS concerns.
Representative Rob Swearingen (R-Rhinelander) made the following statement:
“I am very pleased that the Assembly passed another fiscally responsible budget that places an emphasis on returning tax dollars back to the hard-working people of Wisconsin. Over the past decade, Republicans in the legislature are responsible for a total of $22 billion in tax cuts. This budget continues that trend”.
The budget includes a total of $4.4 billion in tax relief. This includes reductions in property tax, income tax, and the elimination of the personal property tax for businesses. The income tax will be reduced by $3.5 million, resulting in an average cut of 15%. Over $600 million will be allocated for lowering the property tax burden.
“We are investing $1.5 billion to improve our transportation infrastructure. The transportation budget provides a $285 million increase for local roads and a $125 million increase for state highway rehabilitation. More importantly, this budget bonds $88 million less than what Governor Evers proposed, ensuring that we meet the needs of our local communities, keep projects on track, and save future taxpayer dollars.”
The budget also allocates funding to create the Wisconsin PFAS Trust Fund.
“I have witnessed firsthand the impact of PFAS contamination in the 34th Assembly District. This drove me to fight for vital funding for PFAS management in our state budget. I am thrilled to say that we have allocated $125M to the PFAS Trust Fund. Through collaborative efforts with stakeholders and experts, we are determined to combat PFAS contamination and safeguard the health and prosperity of our state.”
Assembly Bill 312 has been introduced to determine how the fund will be administered.
Representative Swearingen represents the 34th Assembly District, which includes the Northwoods counties of Oneida and Vilas.