Senate Bill 570
Conduit bonding authorities, distributions for property tax relief, 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
Nov 22, 2019
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Committee, stopped here
Stopped here. No public hearing was held.
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Senate vote, not reached
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Assembly vote, not reached
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Governor, not reached
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Law, not reached
Latest entry in the official record, Apr 1, 2020: “Failed to pass pursuant to ”
It never got a hearing in the Senate Committee on Labor and Regulatory Reform. 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, with certain limitations, two or more political subdivisions may create a commission that is authorized, among other things, to 1) raise moneys by issuing municipal bonds; and 2) convey these moneys to qualifying private entities to finance certain types of capital improvement projects. A commission's bonds are known as conduit bonds — the commission acts, in effect, as a conduit between the purchaser of the bonds and the actual borrower of the moneys raised from the bonds.
In general, the borrower pays a lower interest rate for financing a project this way than it would pay for financing on the open market, because the interest that the bond purchaser earns from the conduit bonds is exempt from federal or state taxation.
Read the full summary Show less
This bill makes two changes related to these conduit bonding commissions. The bill specifies that the Legislative Audit Bureau must conduct an audit of each commission every two years and at the direction of the Joint Legislative Audit Committee. The bill also requires the commission to pay a fee of 1 percent of the amount of any bonds it issues and to pay these fees to the Department of Revenue to fund a property tax credit that is calculated in the same manner as the school levy credit.
Who's behind it
5 senators are its . All 5 are Republicans.
9 more lawmakers .
See all 14 names Hide the names
Authors (5)
- David Craig · Republican, Senate
- André Jacque · Republican, Senate
- Howard Marklein · Republican, Senate
- Steve Nass · Republican, Senate
- Duey Stroebel · Republican, Senate
Signed on in support (9)
- Scott Allen · Republican, Assembly
- Janel Brandtjen · Republican, Assembly
- Rick Gundrum · Republican, Assembly
- Cody Horlacher · Republican, Assembly
- Gae Magnafici · Republican, Assembly
- Dave Murphy · Republican, Assembly
- Adam Neylon · Republican, Assembly
- Timothy Ramthun · Republican, Assembly
- Ken Skowronski · Republican, Assembly
What it would cost
State agencies filed a . Each opens as a PDF from the Legislature.
What happened
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Apr 1, 2020
The session ended, and the bill died with it.
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Dec 9, 2019
A state agency sent in its estimate of the cost.
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Nov 22, 2019
Sent to the Senate Committee on Labor and Regulatory Reform.
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Nov 22, 2019
Introduced in the Senate.
See the official record, word for word Hide the official record
- Nov 22, 2019 · Senate
Introduced by Senators Nass, Stroebel, Jacque, Marklein and Craig; cosponsored by Representatives Allen, Brandtjen, Horlacher, Gundrum, Magnafici, Murphy, Ramthun, Skowronski and Neylon
- Nov 22, 2019 · Senate
Read first time and referred to Committee on Labor and Regulatory Reform
- Dec 9, 2019 · Senate
Fiscal estimate received
- Apr 1, 2020 · 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.
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