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Bills from the 2009–10 session

Senate Bill 416

Adopting Internal Revenue Code provisions related to individual retirement accounts

Topics: Income tax, Legislature: Tax Exemptions, Joint Survey Committee on, Retirement: Private plans

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.

  1. Introduced, passed

    Dec 2, 2009

  2. Committee, stopped here

    Stopped here. No public hearing was held.

  3. Senate vote, not reached

  4. Assembly vote, not reached

  5. Governor, not reached

  6. Law, not reached

Latest entry in the official record, Apr 28, 2010: “Failed to pass pursuant to ⁠”

It never got a hearing in the Senate Committee on Health, Health Insurance, Privacy, Property Tax Relief, and Revenue. See every bill that never got a hearing this session.

Read the bill

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What it would have done

Summary by the , the Legislature's nonpartisan drafting office. It's their wording, not ours.

Under federal law, section 512 of Public Law 109-222, the Tax Increase Prevention and Reconciliation Act of 2005, allows taxpayers who have adjusted gross income over $100,000 to convert amounts from a traditional individual retirement account (IRA) to a Roth IRA and pay the federal tax on the IRA distribution over two years. This bill adopts section 512 of Public Law 109-222 for state income and franchise tax purposes.

Under federal law, section 811 of Public Law 109-280, the Pension Protection Act of 2006, makes permanent the pension and IRA provisions of the Economic Growth and Tax Relief Reconciliation Act of 2001 and increases the amount that a taxpayer may contribute to retirement plans and IRAs. This bill adopts section 811 of Public Law 109-280 for state income and franchise tax purposes.

Read the full summary

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

14 senators are its ⁠. 11 are Republicans and 3 are Democrats.

23 more lawmakers ⁠.

See all 37 names

Authors (14)

Signed on in support (23)

What it would cost

State agencies filed a . Each opens as a PDF from the Legislature.

What happened

  1. Apr 28, 2010

    The session ended, and the bill died with it.

  2. Dec 23, 2009

    A state agency sent in its estimate of the cost.

  3. Dec 2, 2009

    Sent to the Senate Committee on Health, Health Insurance, Privacy, Property Tax Relief, and Revenue.

  4. Dec 2, 2009

    Introduced in the Senate.

See the official record, word for word
  1. Dec 2, 2009 · Senate

    Introduced by Senators Grothman, Wirch, Kapanke, Darling, S. Fitzgerald, Taylor, Kedzie, Leibham, Lazich, Plale, Olsen, Schultz, Harsdorf and Kanavas;Cosponsored by Representatives Strachota, Kestell, Van Roy, Lothian, Townsend, Meyer, Kaufert, Vos, Newcomer, Gottlieb, Kerkman, Ziegelbauer, Montgomery, Gunderson, LeMahieu, Roth, Zipperer, Ballweg, Brooks, Huebsch, Suder, Nygren and Honadel

  2. Dec 2, 2009 · Senate

    Read first time and referred to committee on Health, Health Insurance, Privacy, Property Tax Relief, and Revenue

  3. Dec 23, 2009 · Senate

    Fiscal estimate received

  4. Apr 28, 2010 · Senate

    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.

More in the glossary

Public hearing

A meeting where anyone can speak to a committee about a bill, or send written comments.

More in the glossary

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

Author

A lawmaker who formally puts a bill forward. The text itself is drafted by the Legislative Reference Bureau.

Official term: Author, coauthor

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