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Bills · Sep 2011 Special Session

AB 20

Died at session end Official bill text Atom feed

changes to agricultural production loan guarantees administered by the Wisconsin Housing and Economic Development Authority.

  1. Introduced, stopped here
  2. Passes Assembly, not reached
  3. Passes Senate, not reached
  4. Governor signs, not reached
  5. Law, not reached

Unfamiliar terms? Glossary

What this bill does

Plain-language analysis by the nonpartisan Legislative Reference Bureau

Under current law, the Wisconsin Housing and Economic Development

Authority (WHEDA) administers loan guarantees for agricultural production loans

that meet certain conditions (agricultural production loan guarantees). Annually,

WHEDA establishes the maximum loan principal amount for which a borrower may

receive agricultural production loan guarantees. Currently, WHEDA may set that

maximum amount at not less than $30,000 nor more than $100,000. This bill

changes that range to not less than $2,000 nor more than $150,000.

Also under current law, the term of a loan eligible for an agricultural production

loan guarantee may not extend past March 31 of the calendar year following the year

in which the loan was made, subject to an extension until June 30 of the calendar

year following the year in which the loan was made. The bill deletes those specific

date limitations and provides that the term of a loan eligible for an agricultural

production loan guarantee may not extend beyond 12 months after the date the loan

is made.

Sponsors

Introduced by: Committee on Assembly Organization , Representative Nerison , Senator Schultz , by request of Governor Scott Walker

3 cosponsors

Nerison (R) , Schultz (R) , Vruwink (D)

Votes

Assembly: Report passage recommended by committee on Agriculture, Ayes 13, Noes 0

Passed 13–0 Nov 1, 2011 official source full page

No individual roll call was recorded for this vote. Committee votes and some older sessions record totals only.

Full history

  1. Oct 18, 2011 · Assembly

    Introduced by committee on Assembly Organization, by request of Governor Scott Walker, Representative Nerison and Senator Schultz

  2. Oct 18, 2011 · Assembly

    Read first time and referred to committee on Agriculture

  3. Oct 18, 2011 · Assembly

    Representative Nerison added as a coauthor

  4. Oct 18, 2011 · Assembly

    Senator Schultz added as a cosponsor

  5. Oct 25, 2011 · Assembly

    Public hearing held

  6. Oct 25, 2011 · Assembly

    Representative Vruwink added as a coauthor

  7. Oct 25, 2011 · Assembly

    Executive action taken

  8. Nov 1, 2011 · Assembly

    Report passage recommended by committee on Agriculture, Ayes 13, Noes 0

  9. Nov 1, 2011 · Assembly

    Referred to Calendar 11-3-2011 pursuant to Assembly Rule 93

  10. Nov 3, 2011 · Assembly

    Laid on the table

  11. Dec 13, 2011 · Assembly

    Failed to pass pursuant to Senate Joint Resolution 1