Explore Our Resources and Services to Enhance Workplace Well-being

Wisconsin Passes Wellness Tax Credit

by | Mar 13, 2014 | Miscellaneous

Transparency is extremely important to us, so we are letting you know that we may receive a commission on some of links you click on from this page. See our disclaimer.


“A bill creating a tax credit for businesses that offer workplace wellness programs has been passed by the Wisconsin State Legislature and is on its way to being signed by Gov. Scott Walker,” BizTimes.com reports.

ScottWalker-2The Healthy Jobs Act “was unanimously passed by both the Assembly and Senate. An amendment tweaking the legislation, setting a five-year sunset on the credit, was approved on a voice vote in the State Senate on Tuesday.”

According to the Legislative Fiscal Bureau, “This bill creates an income and franchise tax credit for workplace wellness programs. The amount of the credit is equal to 30 percent of the amount that an employer pays in the taxable year to provide a workplace wellness program to any of the employer's employees who are employed at a small business in this state. A workplace wellness program is a health or fitness program, as certified by the Department of Health Services, that is provided with health risk assessments.”

Under the bill’s proposal, businesses with 50 or fewer employees that implement a wellness program would be eligible for a grant equal to 30 percent of the cost of implementing the program.

Written By Mike Veny

By Jane Doe, Certified Corporate Wellness Specialist

Jane Doe is a leading expert in workplace wellness with over a decade of experience in developing and implementing successful wellness programs. Her passion for creating healthier work environments has helped numerous organizations enhance employee satisfaction and performance. Connect with Jane to learn how you can integrate wellness into your corporate strategy.

Related Posts

Why National Depression Screening Day is About to Change Your Life!

Join Mike Veny as he discusses National Depression Screening Day, taking place on October 10th. In this vital conversation, Mike explains why early detection of depression is essential for peace of mind and overall health. He provides a clear definition of depression, shares his personal experience living with Major Depressive Disorder (MDD), and encourages everyone to get screened.

National Depression Screening Day is a crucial opportunity to raise mental health awareness and identify symptoms of depression early. This is also important for identifying serious mental illness. Don’t miss out on this important message from Mike Veny.

Here are some additional resources on depression screenings:

https://medlineplus.gov/lab-tests/depression-screening/

https://screening.mhanational.org/screening-tools/depression/

https://health.gov/myhealthfinder/doctor-visits/screening-tests/talk-your-doctor-about-depression

https://www.medicare.gov/coverage/depression-screening

###

Stay in touch with Mike Veny!
Website: http://www.mikeveny.com

Courses: https://bit.ly/mv-opensesame

Instagram: http://instagram.com/mikeveny

Facebook: http://facebook.com/mikeveny

LinkedIn: https://www.linkedin.com/in/mikeveny/

read more

0 Comments

Pin It on Pinterest

Share This