Assembly Bill 897
The fees for a foreign corporation's certificate of authority, withdrawal of a certificate of authority, and annual report. (FE)
Became law
The governor signed it on Mar 28, 2018. It's .
-
Introduced, passed
Jan 30, 2018
-
Committee, passed
Approved
-
Assembly vote, passed
Passed Feb 22, 2018
-
Senate vote, passed
Passed 32 to 0
-
Governor, passed
Signed
-
Law, here now
2017 Wisconsin Act 156
Latest entry in the official record, Mar 28, 2018: “Published 3-29-2018”
Following saves it on this device. New actions show on your Following page. You can also get updates in a feed reader.
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 eliminates, for Wisconsin-headquartered foreign corporations meeting certain criteria, the portion of the fee for a certificate of authority to transact business in this state that is based on the amount of the foreign corporation's capital in this state.
Under current law, a foreign corporation may not transact business in this state until it obtains a certificate of authority from the Department of Financial Institutions. Generally a “foreign corporation" is a for-profit corporation incorporated under the law of another state or country. The fee for an application for a certificate of authority to transact business in this state is $100, plus $3 for every $1,000 of the foreign corporation's capital exceeding $60,000 employed or to be employed in this state (additional capital-based fee). A foreign corporation authorized to transact business in this state must file with DFI an annual report that includes certain information, including information related to the foreign corporation's capital. The fee for the annual report is $65 plus, if the annual report shows a deficiency in the foreign corporation's additional capital-based fee that was previously paid, a fee that makes up for this deficiency. A foreign corporation authorized to transact business in this state may not withdraw from this state until it obtains a certificate of withdrawal from DFI. The application for a certificate of withdrawal must include certain information, including information related to the foreign corporation's capital. The fee for an application for a certificate of withdrawal is $40 plus, if the application shows a deficiency in the foreign corporation's additional capital-based fee that was previously paid, a fee that makes up for this deficiency.
Read the full summary Show less
This bill eliminates, for a foreign corporation that is a qualified new business venture (described below), the additional capital-based fee for a certificate of authority, along with any fee for an annual report or certificate of withdrawal that makes up for a deficiency in the additional capital-based fee. Therefore, under the bill, the fee for a certificate of authority for such a foreign corporation is always $100, and the fees for a certificate of withdrawal and an annual report are always, respectively, $40 and $65. The bill defines a qualified new business venture as a foreign corporation that is certified by the Wisconsin Economic Development Corporation as meeting certain criteria, including all of the following: 1) it has its headquarters in Wisconsin; 2) it has fewer than 100 employees and at least 51 percent of its employees are employed in Wisconsin; 3) it has been in operation in Wisconsin for no more than ten consecutive years; 4) it has the potential for increasing jobs in Wisconsin or increasing capital investment in Wisconsin, or both, and meets other criteria related to innovation or technology.
Who's behind it
11 lawmakers are its . All 11 are Republicans.
2 more lawmakers .
See all 13 names Hide the names
Authors (11)
- Cody Horlacher · Republican, Assembly
- Dan Knodl · Republican, Assembly
- Dale Kooyenga · Republican, Senate
- Mike Kuglitsch · Republican, Assembly
- Bob Kulp · Republican, Assembly
- John Macco · Republican, Assembly
- Jim Ott · Republican, Assembly
- John Spiros · Republican, Assembly
- Gary Tauchen · Republican, Assembly
- Ron Tusler · Republican, Assembly
- Shannon Zimmerman · Republican, Assembly
Signed on in support (2)
- Howard Marklein · Republican, Senate
- Duey Stroebel · Republican, Senate
What it would cost
State agencies filed a . Each opens as a PDF from the Legislature.
How lawmakers voted
There were 5 votes on this bill.
Assembly Committee on Financial Institutions vote to recommend it
Passed, 14 to 0 · Feb 20, 2018
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 Financial Institutions, Ayes 14, Noes 0”. Official record · This vote on its own page
Senate vote
Passed, 3 to 2 · Mar 15, 2018
No member-by-member record exists for this vote. Committee votes and some older sessions record totals only.
Official motion: “Referred to joint committee on Finance by Committee on Senate Organization pursuant to Senate Rule 41 (1)(e), Ayes 3, Noes 2”. Official record · This vote on its own page
Senate vote
Passed, 3 to 2 · Mar 15, 2018
No member-by-member record exists for this vote. Committee votes and some older sessions record totals only.
Official motion: “Withdrawn from joint committee on Finance and made Available for Scheduling by committee on Senate Organization, pursuant to Senate Rule 41 (1)(e), Ayes 3, Noes 2”. Official record · This vote on its own page
Senate vote
Passed, 3 to 2 · Mar 15, 2018
No member-by-member record exists for this vote. Committee votes and some older sessions record totals only.
Official motion: “Public hearing requirement waived by committee on Senate Organization, pursuant to Senate Rule 18 (1m), Ayes 3, Noes 2”. Official record · This vote on its own page
Senate vote to pass it
Passed, 32 to 0 · Mar 20, 2018
See how each of the 32 senators voted Hide the names
D: Democrat, R: Republican
Yes (32)
- Alberta Darling (R, 8)
- Bob Wirch (D, 22)
- Chris Kapenga (R, 33)
- Chris Larson (D, 7)
- Dan Feyen (R, 20)
- Dave Hansen (D, 30)
- David Craig (R, 28)
- Devin LeMahieu (R, 9)
- Duey Stroebel (R, 20)
- Fred A. Risser (D, 26)
- Howard Marklein (R, 17)
- Janet Bewley (D, 25)
- Janis Ringhand (D, 15)
- Jennifer Shilling (D, 32)
- Jerry Petrowski (R, 29)
- Jon Erpenbach (D, 27)
- Kathleen Vinehout (D, 31)
- LaTonya Johnson (D, 6)
- Leah Vukmir (R, 5)
- Lena Taylor (D, 4)
- Luther S. Olsen (R, 14)
- Mark Miller (D, 16)
- Patrick Testin (R, 24)
- Patty Schachtner (D, 10)
- Rob Cowles (R, 2)
- Roger Roth (R, 19)
- Scott L. Fitzgerald (R, 13)
- Steve Nass (R, 11)
- Terry Moulton (R, 23)
- Thomas Tiffany (R, 12)
- Tim Carpenter (D, 3)
- Van Wanggaard (R, 21)
Official motion: “CONCURRENCE”. Official record · This vote on its own page
What happened
-
Mar 28, 2018
The new law was published.
-
Mar 28, 2018
The governor signed it. It became 2017 Wisconsin Act 156.
-
Mar 27, 2018
Sent to the governor.
-
Mar 20, 2018
The Senate passed it too, 32 to 0.
-
Mar 15, 2018
“Public hearing requirement waived by committee on Senate Organization, pursuant to Senate Rule 18 (1m), Ayes 3, Noes 2” (the official wording)
-
Mar 15, 2018
“Withdrawn from joint committee on Finance and made Available for Scheduling by committee on Senate Organization, pursuant to Senate Rule 41 (1)(e), Ayes 3, Noes 2” (the official wording)
-
Mar 15, 2018
Sent to the Joint Committee on Finance.
-
Mar 14, 2018
Sent to the Senate Committee on Senate Organization.
-
Mar 13, 2018
Sent to the Senate Committee on Revenue, Financial Institutions and Rural Issues.
-
Feb 23, 2018
The Senate received it.
-
Feb 22, 2018
The Assembly passed it.
-
Feb 20, 2018
Sent to the Assembly Committee on Rules.
-
Feb 20, 2018
The committee voted to recommend passing it, 14 to 0.
-
Feb 14, 2018
The committee held a public hearing.
-
Feb 14, 2018
A state agency sent in its estimate of the cost.
-
Feb 9, 2018
A state agency sent in its estimate of the cost.
-
Jan 30, 2018
Sent to the Assembly Committee on Financial Institutions.
-
Jan 30, 2018
Introduced in the Assembly.
See the official record, word for word Hide the official record
- Jan 30, 2018 · Assembly
Introduced by Representatives Zimmerman, Ott, Kuglitsch, Tauchen, Tusler, Knodl, Kulp, Spiros, Macco, Kooyenga and Horlacher; cosponsored by Senators Marklein and Stroebel
- Jan 30, 2018 · Assembly
Read first time and referred to Committee on Financial Institutions
- Feb 9, 2018 · Assembly
Fiscal estimate received
- Feb 14, 2018 · Assembly
Fiscal estimate received
- Feb 14, 2018 · Assembly
Public hearing held
- Feb 20, 2018 · Assembly
Executive action taken
- Feb 20, 2018 · Assembly
Report passage recommended by Committee on Financial Institutions, Ayes 14, Noes 0
- Feb 20, 2018 · Assembly
Referred to committee on Rules
- Feb 20, 2018 · Assembly
Made a special order of business at 1:17 PM on 2-22-2018 pursuant to Assembly Resolution 27
- Feb 22, 2018 · Assembly
Read a second time
- Feb 22, 2018 · Assembly
Ordered to a third reading
- Feb 22, 2018 · Assembly
Rules suspended
- Feb 22, 2018 · Assembly
Read a third time and passed
- Feb 22, 2018 · Assembly
Ordered immediately messaged
- Feb 23, 2018 · Senate
Received from Assembly
- Mar 13, 2018 · Senate
Read first time and referred to committee on Revenue, Financial Institutions and Rural Issues
- Mar 14, 2018 · Senate
Withdrawn from committee on Revenue, Financial Institutions and Rural Issues and rereferred to committee on Senate Organization pursuant to Senate Rule 46(2)(c)
- Mar 14, 2018 · Senate
Available for scheduling
- Mar 15, 2018 · Senate
Referred to joint committee on Finance by Committee on Senate Organization pursuant to Senate Rule 41 (1)(e), Ayes 3, Noes 2
- Mar 15, 2018 · Senate
Withdrawn from joint committee on Finance and made Available for Scheduling by committee on Senate Organization, pursuant to Senate Rule 41 (1)(e), Ayes 3, Noes 2
- Mar 15, 2018 · Senate
Public hearing requirement waived by committee on Senate Organization, pursuant to Senate Rule 18 (1m), Ayes 3, Noes 2
- Mar 15, 2018 · Senate
Placed on calendar 3-20-2018 pursuant to Senate Rule 18(1)
- Mar 20, 2018 · Senate
Read a second time
- Mar 20, 2018 · Senate
Ordered to a third reading
- Mar 20, 2018 · Senate
Rules suspended
- Mar 20, 2018 · Senate
Read a third time and concurred in, Ayes 32, Noes 0
- Mar 20, 2018 · Senate
Ordered immediately messaged
- Mar 21, 2018 · Assembly
Received from Senate concurred in
- Mar 27, 2018 · Assembly
Report correctly enrolled on 3-27-2018
- Mar 27, 2018 · Assembly
Presented to the Governor on 3-27-2018
- Mar 28, 2018 · Assembly
Report approved by the Governor on 3-28-2018. 2017 Wisconsin Act 156
- Mar 28, 2018 · Assembly
Published 3-29-2018
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