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Bills from the 2015–16 session

Senate Bill 162

Entrepreneurial tax credit access grants

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.

  1. Introduced, passed

    May 14, 2015

  2. Committee, stopped here

    Stopped here. No public hearing was held.

  3. Senate vote, not reached

  4. Assembly vote, not reached

  5. Governor, not reached

  6. Law, not reached

Latest entry in the official record, Apr 13, 2016: “Failed to pass pursuant to ⁠”

It never got a hearing in the Senate Committee on Economic Development and Commerce. See every bill that never got a hearing this session.

Read the bill

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What it would have done

Summary by the , the Legislature's nonpartisan drafting office. It's their wording, not ours.

Under current law, the Wisconsin Economic Development Corporation (WEDC) may certify a person to receive, or a person may otherwise qualify for, income and franchise tax credits based on the person's expenditures in this state related to the person's business. This bill directs WEDC to establish a grant program under which WEDC may award a grant to a person who wishes to secure financing to make expenditures that would qualify for such tax credits. A person is eligible to receive a grant if the expenditures are made for a business located in this state that has fewer than 25 employees in this state or less than $5,000,000 in gross receipts. No person may receive a grant unless the person has submitted business and financing plans to a commercial lending institution and submitted copies of the plans to WEDC.

Before awarding a grant, WEDC must verify that the lender has approved the person's plans and will underwrite a loan for expenditures, contingent on the person receiving a grant. Under the bill, a person who receives a grant to secure financing for making an expenditure that would qualify for a tax credit may not claim a credit for that expenditure.

Who's behind it

6 senators are its ⁠. All 6 are Democrats.

30 more lawmakers ⁠.

See all 36 names

Authors (6)

Signed on in support (30)

What happened

  1. Apr 13, 2016

    The session ended, and the bill died with it.

  2. May 14, 2015

    Sent to the Senate Committee on Economic Development and Commerce.

  3. May 14, 2015

    Introduced in the Senate.

See the official record, word for word
  1. May 14, 2015 · Senate

    Introduced by Senators Lassa, Carpenter, Erpenbach, Ringhand, Harris Dodd and Hansen; cosponsored by Representatives Kolste, Barca, Zamarripa, Johnson, Jorgensen, Pope, Mason, Ohnstad, Doyle, Kahl, Billings, Danou, Bowen, Stuck, Hebl, Subeck, Genrich, Berceau, Meyers, Sinicki, Brostoff, Spreitzer, Milroy, Riemer, C. Taylor, Shankland, Wachs, Hesselbein, Sargent and Goyke

  2. May 14, 2015 · Senate

    Read first time and referred to Committee on Economic Development and Commerce

  3. Apr 13, 2016 · 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.

More in the glossary

Public hearing

A meeting where anyone can speak to a committee about a bill, or send written comments.

More in the glossary

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

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

Author

A lawmaker who formally puts a bill forward. The text itself is drafted by the Legislative Reference Bureau.

Official term: Author, coauthor

Signed on in support

Lawmakers who back a bill without being one of its authors, often from the other chamber.

Official term: Cosponsor