1. ​​​​​​​ What are "conduit revenue bonds"?


2. What conduit revenue bonds have been issued and is the interest from the bonds exempt from Wisconsin tax?

1. What are "conduit revenue bonds"?

   Bonds or notes issued, by a commission (organized under sec. ​66.0304, Wis. Stats.) that consists of government agencies, to fund certain projects.

2. What conduit revenue bonds have been issued and is the interest from the bonds exempt from Wisconsin tax?

   A commission (entity created by two or more political subdivisions, which contract with each other under sec. 66.0301(2) or 66.0303(2), Wis. Stats.) is required to notify the Department of Revenue when a bond is issued. A summary of bonds issued and the tax status of interest from the bonds is available on the Individual Income Tax Conduit Revenue Bonds page.

Applicable Laws and Rules

This document provides statements or interpretations of the following laws and regulations enacted​​​ as of October 10, 2024: sec.​ 66.0304, Wis. Stats.

Laws enacted and in effect after this date, new administrative rules, and court decisions may change the interpretations in this document. Guidance issued prior to this date, that is contrary to the information in this document is superseded by this document, according to sec. 73.16(2)(a), Wis. Stats.

The department welcomes your input on our guidance. Submit comments on this guidance document.

Guidance Document Number: 100251

October 10, 2024​​​