Assembly Bill 857
The authority of the Board of Commissioners of Public Lands to make trust fund loans and delegate authority to invest trust fund moneys, the use of common school fund income moneys, and making an appropriation. (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
Jan 19, 2018
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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, Mar 28, 2018: “Failed to pass pursuant to ”
It never got a hearing in the Assembly Committee on State Affairs. 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.
This bill eliminates the authority of the Board of Commissioners of Public Lands (BCPL) to make state trust fund loans, broadens the authority of the BCPL to delegate its authority to invest state trust fund moneys, and removes certain restrictions on the use of common school fund income moneys.
Under current law, BCPL manages the common school fund, the normal school fund, the university fund, and the agricultural college fund (trust funds). BCPL also administers a state trust fund loan program under which it makes loans from moneys belonging to the trust funds to school districts, local governments, and certain other public entities for certain public purposes. This bill eliminates the authorization of BCPL to make these loans.
Read the full summary Show less
Under current law, BCPL may delegate authority to the State of Wisconsin Investment Board (SWIB) to invest the moneys belonging to the trust funds, but SWIB may invest the moneys only in fixed income investments or funds that invest only in fixed income instruments.
Under this bill, SWIB must invest BCPL delegated moneys in the manner SWIB invests the moneys belonging to the other funds SWIB manages.
Also under current law, income from the common school fund is distributed to the school districts of the state and must be expended only for the purchase of instructional materials from the State Historical Society for use in teaching Wisconsin history, for the purchase of library books and other instructional materials for school libraries, and, under certain conditions, for the purchase of school library computers and related software. This bill removes these limitation regarding a school district's expenditure of common school fund income moneys.
Who's behind it
6 lawmakers are its . All 6 are Republicans.
2 more lawmakers .
See all 8 names Hide the names
Authors (6)
- Cody Horlacher · Republican, Assembly
- Rob Hutton · Republican, Senate
- Terry Katsma · Republican, Assembly
- John Macco · Republican, Assembly
- Rob Brooks · Republican, Assembly
- Ron Tusler · Republican, Assembly
Signed on in support (2)
- David Craig · Republican, Senate
- Duey Stroebel · Republican, Senate
What it would cost
State agencies filed a . Each opens as a PDF from the Legislature.
Versions and amendments
Every text the Legislature printed for this bill, including proposed changes. Each opens on the Legislature's site.
What happened
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Mar 28, 2018
The session ended, and the bill died with it.
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Jan 30, 2018
A state agency sent in its estimate of the cost.
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Jan 19, 2018
Sent to the Assembly Committee on State Affairs.
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Jan 19, 2018
Introduced in the Assembly.
See the official record, word for word Hide the official record
- Jan 19, 2018 · Assembly
Introduced by Representatives Hutton, Katsma, Macco, R. Brooks, Horlacher and Tusler; cosponsored by Senators Stroebel and Craig
- Jan 19, 2018 · Assembly
Read first time and referred to Committee on State Affairs
- Jan 30, 2018 · Assembly
Fiscal estimate received
- Jan 30, 2018 · Assembly
Fiscal estimate received
- Feb 12, 2018 · Assembly
Assembly Amendment 1 offered by Representative Hutton
- Mar 28, 2018 · 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