Assembly Bill 46 establishes regulations regarding the flags that may be flown at state and local government buildings in Wisconsin. The bill stipulates that only the U.S. flag, the state flag, the official POW/MIA flag recognized by Congress, and the official flags of each branch of the U.S. armed forces are permitted to be displayed from any flagpole or facility owned or occupied by state agencies or local governments. Exceptions to this rule can be made by a three-fourths majority vote of the legislature or the governing body of a political subdivision. The bill also delays the implementation of these requirements for state facilities until January 1, 2027.

Additionally, the bill repeals an existing administrative rule that allowed the governor to make exceptions to flag display regulations, thereby centralizing the authority to make such exceptions within the legislative bodies. The new legal language created by the bill includes definitions for "political subdivision" and outlines the specific flags that are permitted for display, while the repeal of the administrative rule removes the previous flexibility granted to the governor. Overall, the bill aims to standardize flag display practices across state and local government entities.