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Bills · 2013-2014 Regular Session

SB 175

Died at session end Official bill text Atom feed

Relating to: uses of moneys in the budget stabilization fund.

Appropriation Trust fund

  1. Introduced, stopped here
  2. Passes Senate, not reached
  3. Passes Assembly, 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, there exists a budget stabilization fund. When the fund was

initially created in

1985 Wisconsin Act 120

, the act provided that moneys in the

budget stabilization fund were reserved to provide state revenue stability during

periods of below-normal economic activity when actual state revenues were lower

than estimated revenues. This expenditure provision was eliminated in

2001

Wisconsin Act 16

. This bill restores the original restriction on expenditures from the

budget stabilization fund.

Sponsors

Introduced by: Harsdorf (R) , Lasee (R) , Leibham (R)

5 cosponsors

A. Ott (R) , Endsley (R) , Marklein (R) , Stone (R) , T. Larson (R)

Full history

  1. May 8, 2013 · Senate

    Introduced by Senators Harsdorf, Leibham and Lasee; cosponsored by Representatives Marklein, T. Larson, Stone, A. Ott and Endsley

  2. May 8, 2013 · Senate

    Read first time and referred to Committee on Government Operations, Public Works, and Telecommunications

  3. Apr 8, 2014 · Senate

    Failed to pass pursuant to Senate Joint Resolution 1