Senate Bill 122
Federalizing the treatment of capital losses. (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.
-
Introduced, passed
Apr 3, 2013
-
Committee, stopped here
Stopped here. No public hearing was held.
-
Senate vote, not reached
-
Assembly vote, not reached
-
Governor, not reached
-
Law, not reached
Latest entry in the official record, Apr 8, 2014: “Failed to pass pursuant to ”
It never got a hearing in the Senate Committee on Workforce Development, Forestry, Mining, and Revenue. See every bill that never got a hearing this session.
Following saves it on this device. New actions show on your Following page. You can also get updates in a feed reader.
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
Cost estimate
A state agency's estimate of what a bill would cost or save.
Official term: Fiscal estimate. More in the glossary
What it would have done
Summary by the , the Legislature's nonpartisan drafting office. It's their wording, not ours.
Under current law, the maximum amount of a capital loss that may be deducted from income each year is $500; the federal limit is $3,000.
For taxable years beginning on January 1, 2014, this bill federalizes the treatment of capital losses by eliminating the $500 annual limit on capital loss deductions.
Read the full summary Show less
Because this bill relates to an exemption from state or local taxes, it may be referred to the Joint Survey Committee on Tax Exemptions for a report to be printed as an appendix to the bill.
Who's behind it
7 senators are its . All 7 are Republicans.
13 more lawmakers .
See all 20 names Hide the names
Authors (7)
- Glenn Grothman · Republican, Senate
- Neal Kedzie · Republican, Senate
- Frank G. Lasee · Republican, Senate
- Joe Leibham · Republican, Senate
- Terry Moulton · Republican, Senate
- Jerry Petrowski · Republican, Senate
- Dale Schultz · Republican, Senate
Signed on in support (13)
- Kathleen Bernier · Republican, Senate
- Edward Brooks · Republican, Assembly
- Jim Ott · Republican, Assembly
- André Jacque · Republican, Senate
- Dean Kaufert · Republican, Assembly
- Samantha Kerkman · Republican, Assembly
- Dale Kooyenga · Republican, Senate
- Daniel LeMahieu · Republican, Assembly
- Jeff Mursau · Republican, Assembly
- Joe Sanfelippo · Republican, Assembly
- Jeffrey Stone · Republican, Assembly
- Duey Stroebel · Republican, Senate
- Travis Tranel · Republican, Assembly
What it would cost
State agencies filed a . Each opens as a PDF from the Legislature.
What happened
-
Apr 8, 2014
The session ended, and the bill died with it.
-
Apr 18, 2013
A state agency sent in its estimate of the cost.
-
Apr 3, 2013
Sent to the Senate Committee on Workforce Development, Forestry, Mining, and Revenue.
-
Apr 3, 2013
Introduced in the Senate.
See the official record, word for word Hide the official record
- Apr 3, 2013 · Senate
Introduced by Senators Kedzie, Petrowski, Moulton, Lasee, Grothman, Leibham and Schultz; cosponsored by Representatives J. Ott, Kooyenga, Jacque, Kerkman, Bernier, LeMahieu, Mursau, Kaufert, Tranel, Sanfelippo, Stroebel, Stone and Brooks
- Apr 3, 2013 · Senate
Read first time and referred to Committee on Workforce Development, Forestry, Mining, and Revenue
- Apr 18, 2013 · Senate
Fiscal estimate received
- Apr 8, 2014 · Senate
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
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
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