Assembly Bill 268
Federalizing the treatment of capital losses
Topics: Income tax, Legislature: Tax Exemptions, Joint Survey Committee on
Stopped in committee
It never got a , so it never came up for a vote. To try again, a lawmaker would have to start a new bill.
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Introduced, passed
May 19, 2009
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Committee, stopped here
Stopped here. No public hearing was held.
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Assembly vote, not reached
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Senate vote, not reached
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Governor, not reached
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Law, not reached
Latest entry in the official record, Apr 28, 2010: “Failed to pass pursuant to ”
It never got a hearing in the joint survey committee on Tax Exemptions. See every bill that never got a hearing this session.
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Terms on this page
Committee
A small group of lawmakers that looks at a bill first. Most bills never leave committee.
Public hearing
A meeting where anyone can speak to a committee about a bill, or send written comments.
Senate Joint Resolution 1
The session's calendar. Any bill not passed by its last voting day dies.
Official term: Failed to pass pursuant to SJR 1. More in the glossary
Legislative Reference Bureau
The Legislature's nonpartisan office that drafts bills and writes the summary at the top of each one.
Official term: LRB analysis. More in the glossary
Author
A lawmaker who formally puts a bill forward. The text itself is drafted by the Legislative Reference Bureau.
Official term: Author, coauthor. More in the glossary
Signed on in support
Lawmakers who back a bill without being one of its authors, often from the other chamber.
Official term: Cosponsor. More in the glossary
Cost estimate
A state agency's estimate of what a bill would cost or save.
Official term: Fiscal estimate. More in the glossary
What it would have done
Summary by the , the Legislature's nonpartisan drafting office. It's their wording, not ours.
Under current law the maximum amount of a capital loss that may be deducted from income each year is $500; the federal limit is $3,000.
For taxable years beginning on January 1, 2009, this bill federalizes the treatment of capital losses by eliminating the $500 annual limit on capital loss deductions.
Read the full summary Show less
Because this bill relates to an exemption from state or local taxes, it may be referred to the Joint Survey Committee on Tax Exemptions for a report to be printed as an appendix to the bill.
Who's behind it
18 lawmakers are its . All 18 are Republicans.
3 more lawmakers .
See all 21 names Hide the names
Authors (18)
- Alvin Ott · Republican, Assembly
- Garey Bies · Republican, Assembly
- Scott Gunderson · Republican, Assembly
- Mark Gundrum · Republican, Assembly
- Mark Honadel · Republican, Assembly
- Jim Ott · Republican, Assembly
- Dean Kaufert · Republican, Assembly
- Samantha Kerkman · Republican, Assembly
- Steve Kestell · Republican, Assembly
- Daniel LeMahieu · Republican, Assembly
- Jeff Mursau · Republican, Assembly
- Steve Nass · Republican, Senate
- John Nygren · Republican, Assembly
- Jerry Petrowski · Republican, Senate
- Keith Ripp · Republican, Assembly
- Richard Spanbauer · Republican, Assembly
- John Townsend · Republican, Assembly
- Leah Vukmir · Republican, Senate
Signed on in support (3)
- Alan Lasee · Republican, Senate
- Alberta Darling · Republican, Senate
- Luther S. Olsen · Republican, Senate
What it would cost
State agencies filed a . Each opens as a PDF from the Legislature.
What happened
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Apr 28, 2010
The session ended, and the bill died with it.
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May 26, 2009
A state agency sent in its estimate of the cost.
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May 19, 2009
Sent to the Assembly Committee on joint survey committee on Tax Exemptions.
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May 19, 2009
Introduced in the Assembly.
See the official record, word for word Hide the official record
- May 19, 2009 · Assembly
Introduced by Representatives J. Ott, Petrowski, Kestell, Mursau, Kerkman, LeMahieu, Townsend, Vukmir, Nygren, Gundrum, Gunderson, A. Ott, Kaufert, Ripp, Honadel, Bies, Spanbauer and Nass;Cosponsored by Senators Darling, Olsen and A. Lasee
- May 19, 2009 · Assembly
Read first time and referred to joint survey committee on Tax Exemptions
- May 26, 2009 · Assembly
Fiscal estimate received
- Apr 28, 2010 · Assembly
Failed to pass pursuant to Senate Joint Resolution 1
Terms on this page
Committee
A small group of lawmakers that looks at a bill first. Most bills never leave committee.
Public hearing
A meeting where anyone can speak to a committee about a bill, or send written comments.
Senate Joint Resolution 1
The session's calendar. Any bill not passed by its last voting day dies.
Official term: Failed to pass pursuant to SJR 1. More in the glossary
Legislative Reference Bureau
The Legislature's nonpartisan office that drafts bills and writes the summary at the top of each one.
Official term: LRB analysis. More in the glossary
Author
A lawmaker who formally puts a bill forward. The text itself is drafted by the Legislative Reference Bureau.
Official term: Author, coauthor. More in the glossary
Signed on in support
Lawmakers who back a bill without being one of its authors, often from the other chamber.
Official term: Cosponsor. More in the glossary
Cost estimate
A state agency's estimate of what a bill would cost or save.
Official term: Fiscal estimate. More in the glossary
From the Wisconsin Legislature's official record, checked Sep 15, 2026. See the source
Committee
A small group of lawmakers that looks at a bill first. Most bills never leave committee.
Public hearing
A meeting where anyone can speak to a committee about a bill, or send written comments.
Senate Joint Resolution 1
The session's calendar. Any bill not passed by its last voting day dies.
Official term: Failed to pass pursuant to SJR 1
Legislative Reference Bureau
The Legislature's nonpartisan office that drafts bills and writes the summary at the top of each one.
Official term: LRB analysis
Signed on in support
Lawmakers who back a bill without being one of its authors, often from the other chamber.
Official term: Cosponsor
Cost estimate
A state agency's estimate of what a bill would cost or save.
Official term: Fiscal estimate