Senate Bill 177 aims to update the classification of certain industries within Wisconsin's tax code by adding specific Standard Industrial Classification (SIC) codes for linen supply and industrial launderers. The bill introduces new legal language to create SIC codes 7213 for linen supply and 7218 for industrial launderers, which will allow properties in these sectors to be assessed as manufacturing property for tax purposes. Additionally, the bill modifies the definition of qualified production property for the manufacturing and agriculture tax credit to include items that are laundered or dry cleaned and subsequently sold, leased, or rented to industrial, commercial, or government users.

The bill specifies that the items eligible for the tax credit include various types of uniforms, linens, work clothing, mats, and dust control items. The changes will take effect for property tax exemptions as of January 1, 2025, and for taxable years beginning on the same date. This legislation is intended to support the linen supply and industrial laundering industries by providing them with the same tax benefits available to other manufacturing sectors.