Assembly Bill 115
Trust funds related to cemetery lots, mausoleum spaces, and cemetery merchandise
Stopped before the full Assembly voted
The recommended passing it, but the full Assembly never voted on it. To try again, a lawmaker would have to start a new bill.
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Introduced, passed
Mar 27, 2015
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Committee, passed
Approved
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Assembly vote, stopped here
Stopped here. The full Assembly never voted on it.
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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 13, 2016: “Failed to pass pursuant to ”
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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.
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
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 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 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
10 lawmakers are its . 8 are Republicans and 2 are Democrats.
2 more lawmakers .
See all 12 names Hide the names
Authors (10)
- Joan Ballweg · Republican, Senate
- Edward Brooks · Republican, Assembly
- James Edming · Republican, Assembly
- Cody Horlacher · Republican, Assembly
- Robb Kahl · Democrat, Assembly
- Terry Katsma · Republican, Assembly
- Dale Kooyenga · Republican, Senate
- Bob Kulp · Republican, Assembly
- Rob Brooks · Republican, Assembly
- Mark Spreitzer · Democrat, Senate
Signed on in support (2)
- Julie M. Lassa · Democrat, Senate
- Devin LeMahieu · Republican, Senate
Versions and amendments
Every text the Legislature printed for this bill, including proposed changes. Each opens on the Legislature's site.
How lawmakers voted
There were 2 votes on this bill.
Assembly Committee on Financial Institutions vote on an amendment
Passed, 15 to 0 · Oct 27, 2015
No member-by-member record exists for this vote. Committee votes and some older sessions record totals only.
Official motion: “Report Assembly Amendment 1 adoption recommended by Committee on Financial Institutions, Ayes 15, Noes 0”. Official record · This vote on its own page
Assembly Committee on Financial Institutions vote to recommend it
Passed, 15 to 0 · Oct 27, 2015
No member-by-member record exists for this vote. Committee votes and some older sessions record totals only.
Official motion: “Report passage as amended recommended by Committee on Financial Institutions, Ayes 15, Noes 0”. Official record · This vote on its own page
What happened
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Apr 13, 2016
The session ended, and the bill died with it.
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Oct 27, 2015
Sent to the Assembly Committee on Rules.
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Oct 27, 2015
The committee voted to recommend passing it, 15 to 0.
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Sep 16, 2015
The committee held a public hearing.
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Mar 27, 2015
Sent to the Assembly Committee on Financial Institutions.
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Mar 27, 2015
Introduced in the Assembly.
See the official record, word for word Hide the official record
- Mar 27, 2015 · Assembly
Introduced by Representatives Katsma, Kooyenga, Horlacher, R. Brooks, Ballweg, E. Brooks, Spreitzer, Kulp, Edming and Kahl; cosponsored by Senators LeMahieu and Lassa
- Mar 27, 2015 · Assembly
Read first time and referred to Committee on Financial Institutions
- Jul 22, 2015 · Assembly
Assembly Amendment 1 offered by Representative Katsma
- Sep 16, 2015 · Assembly
Public hearing held
- Oct 27, 2015 · Assembly
Executive action taken
- Oct 27, 2015 · Assembly
Report Assembly Amendment 1 adoption recommended by Committee on Financial Institutions, Ayes 15, Noes 0
- Oct 27, 2015 · Assembly
Report passage as amended recommended by Committee on Financial Institutions, Ayes 15, Noes 0
- Oct 27, 2015 · Assembly
Referred to committee on Rules
- Oct 28, 2015 · Assembly
Placed on calendar 11-3-2015 by Committee on Rules
- Nov 3, 2015 · Assembly
Laid on the table
- Apr 13, 2016 · 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.
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
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
Committee
A small group of lawmakers that looks at a bill first. Most bills never leave committee.
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
Roll call
A vote where each lawmaker's yes or no is recorded by name.
Official term: Roll call vote