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Bills from the 2011–12 session

Assembly Bill 468

The authority of credit unions to make donations and grants

Topics: Charitable corporation, Credit union

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

    Jan 9, 2012

  2. Committee, stopped here

    Stopped here. No public hearing was held.

  3. Assembly vote, not reached

  4. Senate vote, not reached

  5. Governor, not reached

  6. 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 Financial Institutions. 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.

Current law specifies various powers of credit unions. Among these powers, a credit union may make donations and grants, subject to the limitation that the total donations and grants may not exceed 0.5 percent of its regular reserves within the year.

This bill increases, from 0.5 percent to 1.0 percent, the limitation on the amount of donations and grants a credit union may make and requires that any donation or grant be approved by the credit union's board of directors based on a determination that the donation or grant is in the best interest of the credit union and is reasonable given the size and financial condition of the credit union.

Who's behind it

24 lawmakers are its ⁠. 16 are Republicans and 8 are Democrats.

9 more lawmakers ⁠.

See all 33 names

Authors (24)

Signed on in support (9)

What happened

  1. Mar 23, 2012

    The session ended, and the bill died with it.

  2. Jan 9, 2012

    Sent to the Assembly Committee on Financial Institutions.

  3. Jan 9, 2012

    Introduced in the Assembly.

See the official record, word for word
  1. Jan 9, 2012 · Assembly

    Introduced by Representatives Kooyenga, Krug, Jacque, Spanbauer, Molepske Jr, Brooks, Staskunas, Nygren, Craig, Danou, Honadel, Pocan, Endsley, Kerkman, A. Ott, Wynn, Tauchen, Fields, C. Taylor, Stroebel, LeMahieu, Bewley, Kaufert and Zepnick;Cosponsored by Senators Grothman, Schultz, Lassa, S. Coggs, Wanggaard, Moulton, Hansen, Cowles and Vinehout

  2. Jan 9, 2012 · Assembly

    Read first time and referred to committee on Financial Institutions

  3. 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.

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

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