Assembly Bill 25
Increasing the credit amount and allowing the transfer of the angel investment tax credit
Topics: Business, Commerce, Department of, Income tax: Credit, Revenue, Department of
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
Feb 22, 2011
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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, Mar 23, 2012: “Failed to pass pursuant to ”
It never got a hearing in the Assembly Committee on Jobs, Economy and Small Business. 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, an individual may claim an income tax credit equal to 25 percent of the individual's angel investment in a qualified new business venture, as determined by the Department of Commerce (Commerce). Under this bill, an individual may claim an angel investment credit equal to 40 percent of the individual's investment if the qualified new business venture has received no more than $1,000,000 in bona fide angel investments, including the individual's investment, after the bill's effective date.
Under current law, a person who is eligible to receive an early stage seed investment tax credit may transfer the credit to another taxpayer if the person notifies Commerce and the Department of Revenue (DOR) of the transfer and submits the transfer documents with the notification. No person may transfer an early stage seed investment credit more than once in a 12-month period and Commerce may charge the person a fee for the transfer equal to 1 percent of the credit amount.
Read the full summary Show less
Under this bill, an individual who is eligible to receive an angel investment credit may transfer the credit to another taxpayer if the person notifies Commerce and DOR of the transfer and submits the transfer documents with the notification.
No person may transfer an angel investment credit more than once in a 12-month period and Commerce may charge the person a fee for the transfer equal to 1 percent of the credit amount.
Who's behind it
12 representatives are its . All 12 are Democrats.
2 more lawmakers .
See all 14 names Hide the names
Authors (12)
- Peter Barca · Democrat, Assembly
- Terese Berceau · Democrat, Assembly
- Penny Bernard Schaber · Democrat, Assembly
- Jason Fields · Democrat, Assembly
- Andy Jorgensen · Democrat, Assembly
- Nick Milroy · Democrat, Assembly
- Louis Molepske Jr. · Democrat, Assembly
- Joe Parisi · Democrat, Assembly
- Sondy Pope · Democrat, Assembly
- Donna Seidel · Democrat, Assembly
- Tony Staskunas · Democrat, Assembly
- Robert Turner · Democrat, Assembly
Signed on in support (2)
- Dave Hansen · Democrat, Senate
- Lena Taylor · Democrat, Senate
What it would cost
State agencies filed a . Each opens as a PDF from the Legislature.
What happened
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Mar 23, 2012
The session ended, and the bill died with it.
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Mar 8, 2011
A state agency sent in its estimate of the cost.
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Mar 4, 2011
A state agency sent in its estimate of the cost.
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Feb 22, 2011
Sent to the Assembly Committee on Jobs, Economy and Small Business.
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Feb 22, 2011
Introduced in the Assembly.
See the official record, word for word Hide the official record
- Feb 22, 2011 · Assembly
Introduced by Representatives Seidel, Barca, Molepske Jr, Turner, Milroy, Staskunas, Fields, Parisi, Berceau, Bernard Schaber, Pope-Roberts and Jorgensen;Cosponsored by Senators Hansen and Taylor
- Feb 22, 2011 · Assembly
Read first time and referred to committee on Jobs, Economy and Small Business
- Mar 4, 2011 · Assembly
Fiscal estimate received
- Mar 8, 2011 · Assembly
Fiscal estimate received
- Mar 23, 2012 · 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