PIA Advocacy
Insurance Cybersecurity Bill Signed, 2021 Wisconsin Act 73
Bipartisan legislation to address the rising concerns with cybersecurity in the insurance industry has now been signed into law as Wisconsin Act 73. PIA helped in crafting this law for Wisconsin from the NAIC model that has been passed in over a dozen other states, with many on track to follow. This law will help…
Read MoreCapitol Update: Personal Property Tax Repeal Gains Momentum
After a surprise finding of more funds than anticipated coming to Wisconsin, legislative efforts have been mounting towards passing a tax cut. Included in the Republican tax proposal is a full repeal of the personal property tax, a longstanding PIA priority. The personal property tax is considered by many to be extremely outdated and uneven.…
Read MoreCapitol Update – Biennial Budget Process
As the Wisconsin weather heats up, so has activity at our State Capitol. New legislation is constant and public hearings are happening almost daily. Meanwhile, the Joint Finance Committee has been meeting frequently, crafting the state budget piece by piece. Similar to the last budget process, the Joint Finance Committee (JFC) chose to revert the…
Read MoreCybersecurity Legislation Advances Out of Committee Process
After a few months of committee proceedings, Senate Bill 160/Assembly Bill 147 is advancing to the final stages of the legislative process. In the last update, the bill had undergone a hearing in the Senate, where PIA President Julie Ulset had testified. Since that time, the legislation passed unanimously out of committee in the Senate…
Read MoreOCI is Seeking Comment on Commercial Lines Modernization
The Office of the Commissioner of Insurance is seeking citizen and stakeholder comments on a proposed rule to exempt certain commercial property rates and forms from filing requirements. Read the notice here. In summary, the proposed rule will: Reduce the premium threshold for the rate filing exemption for coverages for general liability, commercial automobile, crime,…
Read MorePIA Testifies on Priority Legislation – April 7th Capitol Update
A few months into the Legislative Session and things at the Capitol are in full swing. There are now more than 20 bills that have been signed into law by the Governor, including two PIA priorities – and hopefully, more are on the way! Last week was an important step for PIA-backed Senate Bill 160/Assembly…
Read MorePIA Priority is First Bill Signed in 2021-22 Session – Capitol Update 2-18-21
It was a busy week in Wisconsin Government – and a productive one for PIA’s top priorities! Tuesday marked an important day as it was the Governor’s official budget address, but it was also a session day in both the Senate and Assembly. Several bills were up for debate in each house, but most notably…
Read MorePIAW Capitol Update
At the start of the year, PIA of Wisconsin announced the hiring of our new Communications Director and Lobbyist, Natalie White, who will lead our organization’s advocacy efforts at the Wisconsin State Capitol. As a former legislative staff member, Natalie brings a wealth of knowledge regarding the inner workings of our state government. January also…
Read MoreState DOR Guidance Imposes Surprise Tax on PPP Recipients
On January 15th, 2021, the Wisconsin Department of Revenue (DOR) issued guidance for the 2020 Tax Season. Many were surprised to find an unexpected interpretation by DOR in relation to the Paycheck Protection Program (PPP) loans that were issued by the federal government. The guidance sheet that was released expresses that expenses incurred that are…
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