Senate Bill 2
Small business loan guarantees by the Wisconsin Housing and Economic Development Authority
Became law
The governor signed it on Nov 22, 2011. It's .
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Introduced, passed
Oct 11, 2011
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Committee, passed
Approved
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Senate vote, passed
Passed Oct 25, 2011
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Assembly vote, passed
Passed Nov 3, 2011
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Governor, passed
Signed
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Law, here now
2011 Wisconsin Act 79
Latest entry in the official record, Nov 22, 2011: “Published 12-5-2011”
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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.
Under current law, the Wisconsin Housing and Economic Development Authority (WHEDA) administers the small business development loan guarantee program (program). Under the program, WHEDA may guarantee repayment of up to the lesser of $200,000 or 80 percent of the principal of a loan made by a private lender to a small business or the elected governing body of a federally recognized American Indian tribe in this state. A small business development loan that is guaranteed by WHEDA may be used for expenses associated with the expansion or acquisition of a business, with the start-up of a day care business, or the start-up of a small business in a vacant storefront in the downtown area of a rural community.
Under current law, a "small business" means a business that employs fewer than 50 full-time employees.
Read the full summary Show less
This bill makes the following changes to the program:
1. The cap on the amount of a loan that may be guaranteed under the program is raised from $200,000 or 80 percent of the principal of the loan to $500,000 or 80 percent of the principal of the loan.
2. The definition of "small business" is expanded from businesses that employ up to 50 full-time employees to businesses that employ up to 250 full-time employees.
3. The requirement that the owner of a small business be actively engaged in the small business in order to qualify for the program is deleted.
4. The permitted use of proceeds of a loan for the start-up of a small business in a vacant storefront in a downtown area is expanded to apply to a community of any size by removing the limitation to rural communities.
Who's behind it
6 lawmakers are its . 1 is a Democrat. 5 have no party on record.
4 more lawmakers .
See all 10 names Hide the names
Authors (6)
- Bernier
- Committee on Senate Organization
- Chris Larson · Democrat, Senate
- Representatives Petryk
- Senator Leibham
- by request of Governor Scott Walker
Signed on in support (4)
- Jason Fields · Democrat, Assembly
- Julie M. Lassa · Democrat, Senate
- Joe Leibham · Republican, Senate
- Petryk, Bernier and T. Larson
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.
Senate Committee on Economic Development and Veterans and Military Affairs vote on an amendment
Passed, 7 to 0 · Oct 20, 2011
No member-by-member record exists for this vote. Committee votes and some older sessions record totals only.
Official motion: “Report adoption of Senate Amendment 1 recommended by committee on Economic Development and Veterans and Military Affairs, Ayes 7, Noes 0”. Official record · This vote on its own page
Senate vote to pass it
Passed, 33 to 0 · Oct 25, 2011
See how each of the 33 senators voted Hide the names
D: Democrat, R: Republican
Yes (33)
- Alberta Darling (R, 8)
- Bob Wirch (D, 22)
- Chris Larson (D, 7)
- Dale Schultz (R, 17)
- Dave Hansen (D, 30)
- Frank G. Lasee (R, 1)
- Fred A. Risser (D, 26)
- Glenn Grothman (R, 20)
- Jennifer Shilling (D, 32)
- Jessica King (D, 18)
- Jim Holperin (D, 12)
- Joe Leibham (R, 9)
- Jon Erpenbach (D, 27)
- Julie M. Lassa (D, 24)
- Kathleen Vinehout (D, 31)
- Leah Vukmir (R, 5)
- Lena Taylor (D, 4)
- Luther S. Olsen (R, 14)
- Mark Miller (D, 16)
- Mary Lazich (R, 28)
- Michael Ellis (R, 19)
- Neal Kedzie (R, 11)
- Pam Galloway (R, 29)
- Rich Zipperer (R, 33)
- Rob Cowles (R, 2)
- Robert Jauch (D, 25)
- Scott L. Fitzgerald (R, 13)
- Sheila Harsdorf (R, 10)
- Spencer Coggs (D, 6)
- Terry Moulton (R, 23)
- Tim Carpenter (D, 3)
- Timothy Cullen (D, 15)
- Van Wanggaard (R, 21)
Official motion: “Read a third time and passed, Ayes 33, Noes 0”. Official record · This vote on its own page
Assembly vote on an amendment
Passed, 71 to 24 · Nov 3, 2011
No member-by-member record exists for this vote. Committee votes and some older sessions record totals only.
Official motion: “Assembly amendment 1 laid on table, Ayes 71, Noes 24”. Official record · This vote on its own page
Assembly vote on an amendment
Passed, 59 to 36 · Nov 3, 2011
No member-by-member record exists for this vote. Committee votes and some older sessions record totals only.
Official motion: “Assembly amendment 2 laid on table, Ayes 59, Noes 36”. Official record · This vote on its own page
Assembly vote on an amendment
Passed, 66 to 29 · Nov 3, 2011
No member-by-member record exists for this vote. Committee votes and some older sessions record totals only.
Official motion: “Assembly amendment 3 laid on table, Ayes 66, Noes 29”. Official record · This vote on its own page
Assembly vote on an amendment
Passed, 60 to 35 · Nov 3, 2011
No member-by-member record exists for this vote. Committee votes and some older sessions record totals only.
Official motion: “Assembly amendment 4 laid on table, Ayes 60, Noes 35”. Official record · This vote on its own page
What happened
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Nov 22, 2011
The new law was published.
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Nov 22, 2011
The governor signed it. It became 2011 Wisconsin Act 79.
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Nov 18, 2011
Sent to the governor.
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Nov 3, 2011
The Assembly passed it too.
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Nov 3, 2011
1 more representative signed on in support.
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Oct 31, 2011
“Read first time and referred to calendar 11-1-2011 pursuant to Assembly Rule 93” (the official wording)
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Oct 31, 2011
The Assembly received it.
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Oct 25, 2011
1 more senator signed on in support.
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Oct 25, 2011
The Senate passed it, 33 to 0.
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Oct 25, 2011
The Senate adopted it.
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Oct 20, 2011
The committee voted to recommend passing it, 7 to 0.
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Oct 20, 2011
“Report adoption of Senate Amendment 1 recommended by committee on Economic Development and Veterans and Military Affairs, Ayes 7, Noes 0” (the official wording)
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Oct 19, 2011
A state agency sent in its estimate of the cost.
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Oct 18, 2011
The committee held a public hearing.
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Oct 11, 2011
3 more representatives and 1 senator signed on in support.
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Oct 11, 2011
Sent to the Senate Committee on Economic Development and Veterans and Military Affairs.
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Oct 11, 2011
Introduced in the Senate.
See the official record, word for word Hide the official record
- Oct 11, 2011 · Senate
Introduced by committee on Senate Organization, by request of Governor Scott Walker, Senator Leibham, and Representatives Petryk, Bernier, and Larson
- Oct 11, 2011 · Senate
Read first time and referred to committee on Economic Development and Veterans and Military Affairs
- Oct 11, 2011 · Senate
Senator Leibham added as a coauthor
- Oct 11, 2011 · Senate
Representatives Petryk, Bernier and T. Larson added as a cosponsors
- Oct 13, 2011 · Senate
LRB correction
- Oct 13, 2011 · Senate
Senate amendment 1 offered by Senator Leibham
- Oct 18, 2011 · Senate
Public hearing held
- Oct 19, 2011 · Senate
Fiscal estimate received
- Oct 20, 2011 · Senate
Executive action taken
- Oct 20, 2011 · Senate
Report adoption of Senate Amendment 1 recommended by committee on Economic Development and Veterans and Military Affairs, Ayes 7, Noes 0
- Oct 20, 2011 · Senate
Report passage as amended recommended by committee on Economic Development and Veterans and Military Affairs, Ayes 7, Noes 0
- Oct 20, 2011 · Senate
Available for scheduling
- Oct 24, 2011 · Senate
Placed on calendar 10-25-2011 pursuant to Senate Rule 18(1)
- Oct 25, 2011 · Senate
Read a second time
- Oct 25, 2011 · Senate
Senate amendment 1 adopted
- Oct 25, 2011 · Senate
Ordered to a third reading
- Oct 25, 2011 · Senate
Rules suspended
- Oct 25, 2011 · Senate
Read a third time and passed, Ayes 33, Noes 0
- Oct 25, 2011 · Senate
Senator Lassa added as a coauthor
- Oct 25, 2011 · Senate
Ordered immediately messaged
- Oct 31, 2011 · Assembly
Received from Senate
- Oct 31, 2011 · Assembly
Read first time and referred to calendar 11-1-2011 pursuant to Assembly Rule 93
- Nov 3, 2011 · Assembly
Rules suspended to withdraw from calendar and take up
- Nov 3, 2011 · Assembly
Read a second time
- Nov 3, 2011 · Assembly
Representative Fields added as a cosponsor
- Nov 3, 2011 · Assembly
Assembly amendment 1 offered by Representatives Danou, Vruwink, Jorgensen, Ringhand and Doyle
- Nov 3, 2011 · Assembly
Assembly amendment 1 laid on table, Ayes 71, Noes 24
- Nov 3, 2011 · Assembly
Assembly amendment 2 offered by Representatives Ringhand, Vruwink, Danou, Molepske Jr, Zamarripa and Bewley
- Nov 3, 2011 · Assembly
Assembly amendment 2 laid on table, Ayes 59, Noes 36
- Nov 3, 2011 · Assembly
Assembly amendment 3 offered by Representatives Vruwink and Clark
- Nov 3, 2011 · Assembly
Assembly amendment 3 laid on table, Ayes 66, Noes 29
- Nov 3, 2011 · Assembly
Assembly amendment 4 offered by Representatives Clark, Vruwink and Danou
- Nov 3, 2011 · Assembly
Assembly amendment 4 laid on table, Ayes 60, Noes 35
- Nov 3, 2011 · Assembly
Ordered to a third reading
- Nov 3, 2011 · Assembly
Rules suspended
- Nov 3, 2011 · Assembly
Read a third time and concurred in
- Nov 3, 2011 · Assembly
Ordered immediately messaged
- Nov 4, 2011 · Senate
Received from Assembly concurred in
- Nov 9, 2011 · Senate
Report correctly enrolled on 11-9-2011
- Nov 9, 2011 · Senate
LRB correction
- Nov 18, 2011 · Senate
Presented to the Governor on 11-18-2011
- Nov 22, 2011 · Senate
Report approved by the Governor on 11-21-2011. 2011 Wisconsin Act 79
- Nov 22, 2011 · Senate
Published 12-5-2011
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