Assembly Bill 532
Directing the Department of Commerce to award grants to community development corporations to establish capital access programs, providing an exemption from emergency rule procedures, requiring the exercise of rule-making authority, and making an appropriation
Topics: Administrative rules, Bank: Loans, Business, Commerce, Department of, Loan, Organization, Miscellaneous, Reports
Became law
The governor signed it on May 10, 2010. It's .
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Introduced, passed
Oct 29, 2009
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Committee, passed
Approved
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Assembly vote, passed
Passed Jan 28, 2010
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Senate vote, passed
Passed Apr 22, 2010
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Governor, passed
Signed
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Law, here now
2009 Wisconsin Act 268
Latest entry in the official record, May 11, 2010: “Published 5-24-2010”
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Terms on this page
Wisconsin Act
The number a bill gets when it becomes law, like 2025 Wisconsin Act 12.
Official term: Act. 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
Roll call
A vote where each lawmaker's yes or no is recorded by name.
Official term: Roll call vote. More in the glossary
What it does
Summary by the , the Legislature's nonpartisan drafting office. It's their wording, not ours.
This bill directs the Department of Commerce (department) to award grants to Wisconsin Business Development Finance Corporation (corporation) for the purpose of funding capital access programs to encourage lending to small and medium-sized businesses and to local nonprofit agencies. The corporation may distribute grant proceeds only to recipients with an existing portfolio of revolving loans to small businesses and whose primary purpose and mission is the promotion of community development in a limited geographic area of this state that is experiencing economic distress.
Recipients of grant proceeds from the corporation must use the grant proceeds to establish reserve pools to reduce risk to lenders. Under the bill, the corporation must require each recipient of grant proceeds to obtain funding from sources other than the state to match the amount of the grant proceeds received.
Read the full summary Show less
The bill limits the total amount of grants awarded in a fiscal year to $350,000, and increases an appropriation of general purpose revenue to the department by $350,000 for fiscal year 2010-11.
Who's behind it
17 lawmakers are its . All 17 are Democrats.
5 more lawmakers .
See all 22 names Hide the names
Authors (17)
- Peter Barca · Democrat, Assembly
- Fred Clark · Democrat, Assembly
- Jason Fields · Democrat, Assembly
- Phil Garthwaite · Democrat, Assembly
- Kim Hixson · Democrat, Assembly
- Ann Hraychuck · Democrat, Assembly
- Andy Jorgensen · Democrat, Assembly
- Kelda Roys · Democrat, Senate
- Donna Seidel · Democrat, Assembly
- Christine Sinicki · Democrat, Assembly
- James Soletski · Democrat, Assembly
- Tony Staskunas · Democrat, Assembly
- John Steinbrink · Democrat, Assembly
- Robert Turner · Democrat, Assembly
- Amy Sue Vruwink · Democrat, Assembly
- Leon Young · Democrat, Assembly
- Ted Zigmunt · Democrat, Assembly
Signed on in support (5)
- Jim Holperin · Democrat, Senate
- Julie M. Lassa · Democrat, Senate
- Smith and Hilgenberg
- Lena Taylor · Democrat, Senate
- Bob Wirch · Democrat, Senate
What it would cost
State agencies filed a . Each opens as a PDF from the Legislature.
Versions and amendments
Every text the Legislature printed for this bill, including proposed changes. Each opens on the Legislature's site.
How lawmakers voted
There were 6 votes on this bill.
Assembly Committee on Jobs vote on an amendment
Passed, 12 to 1 · Jan 20, 2010
No member-by-member record exists for this vote. Committee votes and some older sessions record totals only.
Official motion: “Report Assembly Substitute Amendment 1 adoption recommended by committee on Jobs, the Economy and Small Business, Ayes 12, Noes 1”. Official record · This vote on its own page
Assembly vote on an amendment
Passed, 75 to 21 · Jan 28, 2010
No member-by-member record exists for this vote. Committee votes and some older sessions record totals only.
Official motion: “Assembly amendment 1 to Assembly substitute amendment 1 laid on table, Ayes 75, Noes 21”. Official record · This vote on its own page
Assembly vote to pass it
Passed, 96 to 0 · Jan 28, 2010
No member-by-member record exists for this vote. Committee votes and some older sessions record totals only.
Official motion: “Read a third time and passed, Ayes 96, Noes 0”. Official record · This vote on its own page
Senate Committee on Small Business vote to recommend it
Passed, 5 to 0 · Mar 9, 2010
No member-by-member record exists for this vote. Committee votes and some older sessions record totals only.
Official motion: “Report concurrence recommended by committee on Small Business, Emergency Preparedness, Technical Colleges, and Consumer Protection, Ayes 5, Noes 0”. Official record · This vote on its own page
Joint Committee on Finance vote on an amendment
Passed, 15 to 0 · Apr 20, 2010
No member-by-member record exists for this vote. Committee votes and some older sessions record totals only.
Official motion: “Report introduction of Senate Amendment 1 recommended by joint committee on Finance, Ayes 15, Noes 0 by joint committee on Finance”. Official record · This vote on its own page
Senate vote to pass it
Passed, 29 to 4 · Apr 22, 2010
No member-by-member record exists for this vote. Committee votes and some older sessions record totals only.
Official motion: “Read a third time and concurred in as amended, Ayes 29, Noes 4”. Official record · This vote on its own page
What happened
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May 11, 2010
The new law was published.
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May 10, 2010
The governor signed it. It became 2009 Wisconsin Act 268.
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May 6, 2010
Sent to the governor.
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Apr 22, 2010
“Action ordered immediately messaged” (the official wording)
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Apr 22, 2010
The Assembly adopted it.
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Apr 22, 2010
The Senate passed it too, 29 to 4.
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Apr 22, 2010
The Senate adopted it.
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Apr 22, 2010
1 more senator signed on in support.
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Apr 20, 2010
The committee voted to recommend passing it, 15 to 0.
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Apr 20, 2010
“Report adoption of Senate Amendment 2 recommended by joint committee on Finance, Ayes 11, Noes 4” (the official wording)
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Apr 20, 2010
“Report introduction of Senate Amendment 2 recommended by joint committee on Finance, Ayes 15, Noes 0 by joint committee on Finance” (the official wording)
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Apr 20, 2010
“Report adoption of Senate Amendment 1 recommended by joint committee on Finance, Ayes 14, Noes 1” (the official wording)
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Apr 20, 2010
“Report introduction of Senate Amendment 1 recommended by joint committee on Finance, Ayes 15, Noes 0 by joint committee on Finance” (the official wording)
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Apr 8, 2010
Sent to the Joint Committee on Finance.
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Mar 9, 2010
The committee voted to recommend passing it, 5 to 0.
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Feb 24, 2010
The committee held a public hearing.
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Feb 2, 2010
Sent to the Senate Committee on Small Business, Emergency Preparedness, Technical Colleges, and Consumer Protection.
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Jan 29, 2010
The Senate received it.
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Jan 28, 2010
The Assembly passed it, 96 to 0.
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Jan 28, 2010
2 more representatives signed on in support.
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Jan 28, 2010
The Assembly adopted it.
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Jan 20, 2010
Sent to the Assembly Committee on Rules.
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Jan 20, 2010
The committee voted to recommend passing it, 12 to 1.
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Jan 5, 2010
The committee held a public hearing.
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Nov 20, 2009
A state agency sent in its estimate of the cost.
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Oct 29, 2009
Sent to the Assembly Committee on Jobs, the Economy and Small Business.
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Oct 29, 2009
Introduced in the Assembly.
See the official record, word for word Hide the official record
- Oct 29, 2009 · Assembly
Introduced by Representatives Barca, Jorgensen, Fields, Seidel, Staskunas, Hraychuck, Zigmunt, Soletski, Sinicki, Young, Roys, Clark, Vruwink, Turner, Steinbrink, Garthwaite and Hixson;Cosponsored by Senators Holperin, Wirch and Taylor
- Oct 29, 2009 · Assembly
Read first time and referred to committee on Jobs, the Economy and Small Business
- Nov 20, 2009 · Assembly
Fiscal estimate received
- Jan 5, 2010 · Assembly
Public hearing held
- Jan 11, 2010 · Assembly
Assembly substitute amendment 1 offered by Representatives Barca, Jorgensen and Molepske Jr.
- Jan 12, 2010 · Assembly
Executive action taken
- Jan 20, 2010 · Assembly
Report Assembly Substitute Amendment 1 adoption recommended by committee on Jobs, the Economy and Small Business, Ayes 12, Noes 1
- Jan 20, 2010 · Assembly
Report passage as amended recommended by committee on Jobs, the Economy and Small Business, Ayes 12, Noes 1
- Jan 20, 2010 · Assembly
Referred to committee on Rules
- Jan 26, 2010 · Assembly
Placed on calendar 1-28-2010 by committee on Rules
- Jan 28, 2010 · Assembly
Read a second time
- Jan 28, 2010 · Assembly
Assembly amendment 1 to Assembly substitute amendment 1 offered by Representatives Krusick and Stone
- Jan 28, 2010 · Assembly
Assembly amendment 1 to Assembly substitute amendment 1 laid on table, Ayes 75, Noes 21
- Jan 28, 2010 · Assembly
Assembly substitute amendment 1 adopted
- Jan 28, 2010 · Assembly
Representatives Smith and Hilgenberg added as coauthors
- Jan 28, 2010 · Assembly
Ordered to a third reading
- Jan 28, 2010 · Assembly
Rules suspended
- Jan 28, 2010 · Assembly
Read a third time and passed, Ayes 96, Noes 0
- Jan 28, 2010 · Assembly
Ordered immediately messaged
- Jan 29, 2010 · Senate
Received from Assembly
- Feb 2, 2010 · Senate
Read first time and referred to committee on Small Business, Emergency Preparedness, Technical Colleges, and Consumer Protection
- Feb 24, 2010 · Senate
Public hearing held
- Mar 9, 2010 · Senate
Executive action taken
- Mar 9, 2010 · Senate
Report concurrence recommended by committee on Small Business, Emergency Preparedness, Technical Colleges, and Consumer Protection, Ayes 5, Noes 0
- Mar 9, 2010 · Senate
Available for scheduling
- Apr 8, 2010 · Senate
Referred to joint committee on Finance by committee on Senate Organization pursuant to Senate Rule 41 (1)(e)
- Apr 19, 2010 · Senate
Executive action taken
- Apr 20, 2010 · Senate
Report introduction of Senate Amendment 1 recommended by joint committee on Finance, Ayes 15, Noes 0 by joint committee on Finance
- Apr 20, 2010 · Senate
Report adoption of Senate Amendment 1 recommended by joint committee on Finance, Ayes 14, Noes 1
- Apr 20, 2010 · Senate
Report introduction of Senate Amendment 2 recommended by joint committee on Finance, Ayes 15, Noes 0 by joint committee on Finance
- Apr 20, 2010 · Senate
Report adoption of Senate Amendment 2 recommended by joint committee on Finance, Ayes 11, Noes 4
- Apr 20, 2010 · Senate
Report passage as amended recommended by joint committee on Finance, Ayes 15, Noes 0
- Apr 20, 2010 · Senate
Available for scheduling
- Apr 21, 2010 · Senate
Placed on calendar 4-22-2010 pursuant to Senate Rule 18(1)
- Apr 22, 2010 · Senate
Senator Lassa added as a cosponsor
- Apr 22, 2010 · Senate
Read a second time
- Apr 22, 2010 · Senate
Senate amendment 1 adopted
- Apr 22, 2010 · Senate
Senate amendment 2 adopted
- Apr 22, 2010 · Senate
Ordered to a third reading
- Apr 22, 2010 · Senate
Rules suspended
- Apr 22, 2010 · Senate
Read a third time and concurred in as amended, Ayes 29, Noes 4
- Apr 22, 2010 · Senate
Ordered immediately messaged
- Apr 22, 2010 · Assembly
Received from Senate amended and concurred in as amended (Senate amendments 1 and 2 adopted)
- Apr 22, 2010 · Assembly
Senate amendment 1 concurred in
- Apr 22, 2010 · Assembly
Senate amendment 2 concurred in
- Apr 22, 2010 · Assembly
Action ordered immediately messaged
- May 4, 2010 · Assembly
Report correctly enrolled
- May 6, 2010 · Assembly
Presented to the Governor on 5-6-2010
- May 10, 2010 · Assembly
Report approved by the Governor on 5-10-2010. 2009 Wisconsin Act 268
- May 11, 2010 · Assembly
Published 5-24-2010
Terms on this page
Wisconsin Act
The number a bill gets when it becomes law, like 2025 Wisconsin Act 12.
Official term: Act. 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
Roll call
A vote where each lawmaker's yes or no is recorded by name.
Official term: Roll call vote. More in the glossary
From the Wisconsin Legislature's official record, checked Sep 15, 2026. See the source
Wisconsin Act
The number a bill gets when it becomes law, like 2025 Wisconsin Act 12.
Official term: Act
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
Roll call
A vote where each lawmaker's yes or no is recorded by name.
Official term: Roll call vote