Assembly Bill 315
The financial institutions in which the investment instrument of a college savings account may be held
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
Jun 16, 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 Assembly Committee on Financial Institutions. 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
What it would have done
Summary by the , the Legislature's nonpartisan drafting office. It's their wording, not ours.
Under current law, the College Savings Program Board administers a college savings program, commonly referred to as "EdVest," under which a person may establish and contribute money to a college savings account to cover the college expenses of a beneficiary. As part of EdVest, current law establishes all of the following:
1. A college savings program bank deposit trust fund, consisting in part of contributions to college savings accounts in which the investment instrument is an account held by a state or national bank, a state or federal savings bank, a state or federal savings and loan association, or a savings and trust company that has its main or home office or a branch office located in this state and that is insured by the Federal Deposit Insurance Corporation.
Read the full summary Show less
2. A college savings program credit union deposit trust fund, consisting in part of contributions to college savings accounts in which the investment instrument is an account held by a state or federal credit union, including a corporate central credit union, that has its main or home office or a branch office located in this state and that is insured by the National Credit Union Administration.
This bill eliminates the requirement that the bank, savings and loan association, savings and trust company, or credit union (financial institution) in which the investment instrument of a college savings account is held have its main or home office or a branch office located in this state. The bill also provides that such an investment instrument may be an account held or issued by a financial institution.
Who's behind it
6 representatives are its . 4 are Democrats and 2 are Republicans.
2 more lawmakers .
See all 8 names Hide the names
Authors (6)
- Edward Brooks · Republican, Assembly
- Jason Fields · Democrat, Assembly
- Louis Molepske Jr. · Democrat, Assembly
- John Townsend · Republican, Assembly
- Robert Turner · Democrat, Assembly
- Josh Zepnick · Democrat, Assembly
Signed on in support (2)
- Alberta Darling · Republican, Senate
- Sheila Harsdorf · Republican, Senate
What happened
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Apr 28, 2010
The session ended, and the bill died with it.
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Jun 16, 2009
Sent to the Assembly Committee on Financial Institutions.
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Jun 16, 2009
Introduced in the Assembly.
See the official record, word for word Hide the official record
- Jun 16, 2009 · Assembly
Introduced by Representatives Molepske Jr., Fields, Townsend, Turner, Brooks and Zepnick;Cosponsored by Senators Darling and Harsdorf
- Jun 16, 2009 · Assembly
Read first time and referred to committee on Financial Institutions
- 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
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