Senate Bill 540
Authorizing a school board to create a capital improvement trust fund. (FE)
Became law
The governor signed it on Apr 24, 2014. It's .
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Introduced, passed
Feb 3, 2014
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Committee, passed
Approved
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Senate vote, passed
Passed Mar 11, 2014
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Assembly vote, passed
Passed Mar 18, 2014
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Governor, passed
Signed
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Law, here now
2013 Wisconsin Act 336
Latest entry in the official record, Apr 24, 2014: “Published 4-24-2014”
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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.
This bill authorizes a school board that has approved a long-term capital improvement plan that is for a minimum of 10 years to establish a trust fund for the purpose of financing the capital improvements included in the long-term plan. The bill prohibits a school board from spending any money deposited in the trust fund for a period of five years from the date the trust fund is created. After the initial five-year period, a school board may spend money in the trust fund only for the purposes described in the school board's long-term plan. Additionally, a school board is expressly prohibited from transferring money in the trust fund to any other school district fund. Finally, the bill specifies that, for purposes of calculating equalization aid, money deposited in a long-term capital improvement trust fund is counted as a shared cost at the time the money is deposited in the trust fund and is not a shared cost at the time the money is expended from the trust fund.
Who's behind it
2 senators are its . 1 is a Democrat and 1 is a Republican.
5 more lawmakers .
See all 7 names Hide the names
Authors (2)
- John Lehman · Democrat, Senate
- Luther S. Olsen · Republican, Senate
Signed on in support (5)
- Peter Barca · Democrat, Assembly
- Dan Knodl · Republican, Assembly
- Amy Loudenbeck · Republican, Assembly
- Michael Schraa · Republican, Assembly
- Pat Strachota · Republican, Assembly
What it would cost
State agencies filed a . Each opens as a PDF from the Legislature.
How lawmakers voted
There was one vote on this bill.
Senate Committee on Education vote to recommend it
Passed, 9 to 0 · Feb 14, 2014
No member-by-member record exists for this vote. Committee votes and some older sessions record totals only.
Official motion: “Report passage recommended by Committee on Education, Ayes 9, Noes 0”. Official record · This vote on its own page
What happened
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Apr 24, 2014
The new law was published.
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Apr 24, 2014
The governor signed it. It became 2013 Wisconsin Act 336.
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Apr 22, 2014
Sent to the governor.
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Mar 18, 2014
1 more representative signed on in support.
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Mar 18, 2014
The Assembly passed it too.
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Mar 12, 2014
Sent to the Assembly Committee on Rules.
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Mar 12, 2014
The Assembly received it.
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Mar 11, 2014
The Senate passed it.
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Feb 19, 2014
A state agency sent in its estimate of the cost.
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Feb 14, 2014
The committee voted to recommend passing it, 9 to 0.
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Feb 6, 2014
The committee held a public hearing.
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Feb 3, 2014
Sent to the Senate Committee on Education.
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Feb 3, 2014
Introduced in the Senate.
See the official record, word for word Hide the official record
- Feb 3, 2014 · Senate
Introduced by Senators Olsen and Lehman; cosponsored by Representatives Strachota, Loudenbeck, Knodl and Schraa
- Feb 3, 2014 · Senate
Read first time and referred to Committee on Education
- Feb 6, 2014 · Senate
Public hearing held
- Feb 13, 2014 · Senate
Executive action taken
- Feb 14, 2014 · Senate
Report passage recommended by Committee on Education, Ayes 9, Noes 0
- Feb 14, 2014 · Senate
Available for scheduling
- Feb 19, 2014 · Senate
Fiscal estimate received
- Mar 7, 2014 · Senate
Placed on calendar 3-11-2014 pursuant to Senate Rule 18(1)
- Mar 11, 2014 · Senate
Read a second time
- Mar 11, 2014 · Senate
Ordered to a third reading
- Mar 11, 2014 · Senate
Rules suspended
- Mar 11, 2014 · Senate
Read a third time and passed
- Mar 11, 2014 · Senate
Ordered immediately messaged
- Mar 12, 2014 · Assembly
Received from Senate
- Mar 12, 2014 · Assembly
Read first time and referred to committee on Rules
- Mar 12, 2014 · Assembly
Placed on calendar 3-18-2014 by Committee on Rules
- Mar 18, 2014 · Assembly
Rules suspended to withdraw from calendar of 3-18-2014 and take up
- Mar 18, 2014 · Assembly
Read a second time
- Mar 18, 2014 · Assembly
Ordered to a third reading
- Mar 18, 2014 · Assembly
Rules suspended
- Mar 18, 2014 · Assembly
Read a third time and concurred in
- Mar 18, 2014 · Assembly
Representative Barca added as a cosponsor
- Mar 18, 2014 · Assembly
Ordered immediately messaged
- Mar 19, 2014 · Senate
Received from Assembly concurred in
- Mar 25, 2014 · Senate
Report correctly enrolled
- Apr 22, 2014 · Senate
Presented to the Governor on 4-22-2014
- Apr 24, 2014 · Senate
Report approved by the Governor on 4-23-2014. 2013 Wisconsin Act 336
- Apr 24, 2014 · Senate
Published 4-24-2014
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