The legislative calendar is already in full swing. Both the federal and state legislatures are starting to hit stride. In Wisconsin, TRSA, along with the Wisconsin Association of Textile Services (WATS) is pushing to get the linen, uniform and facility services industry recognized as a manufacturer under the Wisconsin Manufacturing and Agriculture Tax Credit (MATC).
Under the MATC, TRSA members would be able to offset a significant share of Wisconsin income and franchise tax liability from manufacturing and agriculture activity. The credit is equal to 7.5% of a claimant’s eligible qualified production activities income (QPAI).
A delegation of TRSA and WATS members went to the Wisconsin Capital in Madison, WI, to discuss the importance of the industry receiving the MATC. “We are competing for a workforce against other industries that are eligible for the credit, they can pay higher salaries,” said Sara Gunderson, vice president, Gunderson Uniform & Linen Rental, Menasha, WI. “We would like to be able to increase our worker’s salaries to compete,”
Dave Jerrett, CEO, Bay Towel Inc., Green Bay, WI, said that, “Our industry is similar to many other industries that recycle and reprocess goods, it is a matter of fairness if nothing else. This credit will go a long way in helping the industry update equipment to increase our sustainable processes.”
Assemblyman Scott Krug (R) and State Sen. Rob Hutton (R) have submitted language for legislative drafting, and bill introduction is expected soon.
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