Assembly Bill 79
Trust funds related to cemetery lots, mausoleum spaces, and cemetery merchandise
Stopped in committee
It had a but no committee vote, 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
Mar 14, 2013
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Committee, stopped here
Stopped here. It had a hearing but no committee vote.
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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, Apr 8, 2014: “Failed to pass pursuant to ”
It sat with the Assembly Committee on Financial Institutions.
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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
What it would have done
Summary by the , the Legislature's nonpartisan drafting office. It's their wording, not ours.
Current law authorizes a person who owns or operates a cemetery (cemetery authority) to receive any of the following:
1. Funds for the care of a cemetery lot (lot care funds).
Read the full summary Show less
2. Funds for the care of a mausoleum space (mausoleum care funds).
3. Funds paid under an agreement (preneed sales contract) for the sale of a future mausoleum space or for the sale of goods or services, to be delivered in the future, associated with the burial of human remains, including monuments, markers, and urns, but excluding caskets (preneed trust funds).
Under current law, with limited exceptions, a cemetery authority may deposit lot care funds, and must deposit mausoleum care funds and preneed trust funds, with a state-chartered or federally chartered financial institution located in this state, including a bank, savings bank, savings and loan association, trust company, or credit union (financial institution). The financial institution is the trustee of the care funds and preneed trust funds. As the trustee, the financial institution must invest the care funds and preneed trust funds in compliance with certain prudent investor standards.
This bill allows a cemetery authority to deposit lot care funds, mausoleum care funds, and preneed trust funds with a broker-dealer registered, or exempt from registration, with the Division of Securities in the Department of Financial Institutions by expanding the definition of "financial institution" for these purposes to include such a broker-dealer. A "broker-dealer" is defined, with limited exceptions, as a person engaged in the business of effecting transactions in securities for the account of others or for the person's own account.
Who's behind it
6 lawmakers are its . 5 are Republicans and 1 is a Democrat.
1 more lawmaker .
See all 7 names Hide the names
Authors (6)
- Kathleen Bernier · Republican, Senate
- Rob Hutton · Republican, Senate
- Robb Kahl · Democrat, Assembly
- Dale Kooyenga · Republican, Senate
- Daniel LeMahieu · Republican, Assembly
- Jeffrey Stone · Republican, Assembly
Signed on in support (1)
- Glenn Grothman · Republican, Senate
What happened
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Apr 8, 2014
The session ended, and the bill died with it.
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Mar 27, 2013
The committee held a public hearing.
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Mar 14, 2013
Sent to the Assembly Committee on Financial Institutions.
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Mar 14, 2013
Introduced in the Assembly.
See the official record, word for word Hide the official record
- Mar 14, 2013 · Assembly
Introduced by Representatives Kooyenga, Hutton, LeMahieu, Stone, Kahl and Bernier; cosponsored by Senator Grothman
- Mar 14, 2013 · Assembly
Read first time and referred to Committee on Financial Institutions
- Mar 27, 2013 · Assembly
Public hearing held
- 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.
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
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