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Bills from the 2013–14 session

Assembly Bill 303

Creating a nonrefundable individual income tax credit for interest paid on certain student loans. (FE)

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

    Aug 23, 2013

  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, Apr 8, 2014: “Failed to pass pursuant to ⁠”

It never got a hearing in the Joint Committee on Finance. 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.

This bill creates a nonrefundable individual income tax credit for interest payments paid by a claimant on a loan that is used for the claimant's educational expenses. Under the bill, the credit may be claimed for any amount of interest paid by the claimant on a loan, the proceeds of which are used to pay for tuition, fees, books, room and board, and educational supplies that are directly related to the claimant's attendance at a regionally accredited, nonprofit, postsecondary educational institution.

The maximum amount of credits that may be claimed each year is $15,000,000.

Read the full summary

The bill requires the department of revenue to create a procedure to ensure that this limit is not exceeded.

Because the credit is nonrefundable, it may be claimed only up to the amount of a claimant's income tax liability. The credit may not be claimed by nonresidents or part-year residents of this state.

Who's behind it

21 representatives are its ⁠. All 21 are Democrats.

1 more lawmaker ⁠.

See all 22 names

Authors (21)

Signed on in support (1)

What it would cost

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

What happened

  1. Apr 8, 2014

    The session ended, and the bill died with it.

  2. Sep 16, 2013

    A state agency sent in its estimate of the cost.

  3. Aug 23, 2013

    Sent to the Joint Committee on Finance.

  4. Aug 23, 2013

    Introduced in the Assembly.

See the official record, word for word
  1. Aug 23, 2013 · Assembly

    Introduced by Representatives Kolste, Jorgensen, Wachs, Goyke, Hebl, Mason, Bernard Schaber, Shankland, Sinicki, Berceau, Zepnick, Richards, Wright, Smith, Doyle, C. Taylor, Young, Kahl, Ohnstad, Milroy and Billings; cosponsored by Senator T. Cullen

  2. Aug 23, 2013 · Assembly

    Read first time and referred to Joint Committee on Finance

  3. Sep 16, 2013 · Assembly

    Fiscal estimate received

  4. Apr 8, 2014 · 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

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