Overview

• The budget package now moves to the full Legislature for final approval and Gov. Evers’s signature.
• Income taxes will be cut by $1.3 billion for roughly 1.6 million residents, expanding the 4.4 percent bracket and exempting the first $24,000 of retirement income.
• The University of Wisconsin system receives a $256 million boost over two years, tied to new faculty workload requirements and an independent sustainability study.
• Child care funding increases by $330 million and K-12 special education support grows by $500 million across the biennium.
• Lawmakers earmarked $200 million for transportation projects and advanced a plan to close the 127-year-old Green Bay Correctional Center by 2029.