Assembly Bill 97
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.
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Introduced, passed
Mar 12, 2015
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Committee, stopped here
Stopped here. No public hearing was held.
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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 13, 2016: “Failed to pass pursuant to ”
It never got a hearing in the Assembly Committee on Ways and Means. See every bill that never got a hearing this session.
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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
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, 2016, 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
17 lawmakers are its . All 17 are Republicans.
4 more lawmakers .
See all 21 names Hide the names
Authors (17)
- Alvin Ott · Republican, Assembly
- Joan Ballweg · Republican, Senate
- David Craig · Republican, Senate
- Edward Brooks · Republican, Assembly
- James Edming · Republican, Assembly
- Jim Ott · Republican, Assembly
- André Jacque · Republican, Senate
- Adam Jarchow · Republican, Assembly
- Chris Kapenga · Republican, Senate
- Bob Kulp · Republican, Assembly
- Jeff Mursau · Republican, Assembly
- Romaine Quinn · Republican, Senate
- Rob Brooks · Republican, Assembly
- Joe Sanfelippo · Republican, Assembly
- Thomas Larson · Republican, Assembly
- Jeremy Thiesfeldt · Republican, Assembly
- Thomas Weatherston · Republican, Assembly
Signed on in support (4)
- Howard Marklein · Republican, Senate
- Terry Moulton · Republican, Senate
- Steve Nass · Republican, Senate
- Thomas Tiffany · Republican, Senate
What it would cost
State agencies filed a . Each opens as a PDF from the Legislature.
What happened
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Apr 13, 2016
The session ended, and the bill died with it.
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Mar 31, 2015
A state agency sent in its estimate of the cost.
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Mar 12, 2015
Sent to the Assembly Committee on Ways and Means.
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Mar 12, 2015
Introduced in the Assembly.
See the official record, word for word Hide the official record
- Mar 12, 2015 · Assembly
Introduced by Representatives J. Ott, R. Brooks, Jacque, Sanfelippo, Kulp, Craig, Ballweg, Jarchow, Mursau, Weatherston, E. Brooks, T. Larson, Thiesfeldt, Kapenga, A. Ott, Quinn and Edming; cosponsored by Senators Tiffany, Marklein, Nass and Moulton
- Mar 12, 2015 · Assembly
Read first time and referred to Committee on Ways and Means
- Mar 31, 2015 · Assembly
Fiscal estimate received
- 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.
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