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Bills · 2021-2022 Regular Session

SB 537

Died at session end Official bill text Atom feed

Relating to: crowdfunding projects for creating jobs or promoting economic growth. (FE)

Business Data processing Economic development corporation wisconsin Employment Industrial development Securities — Regulation

  1. Introduced, stopped here
  2. Passes Senate, not reached
  3. Passes Assembly, not reached
  4. Governor signs, not reached
  5. Law, not reached

Unfamiliar terms? Glossary

What this bill does

Plain-language analysis by the nonpartisan Legislative Reference Bureau

This bill requires the Wisconsin Economic Development Corporation to

contract with a business maintaining a crowdfunding Internet site that recommends

funding projects of small businesses and community organizations that create jobs

or promote economic growth in this state. The bill defines “crowdfunding Internet

site" as an Internet site for campaigning and collecting donations for projects. WEDC

must solicit project proposals from small businesses and community organizations

for inclusion on the crowdfunding Internet site, select projects for inclusion, and

provide assistance to donation campaigns for the selected projects.

What it would cost

Fiscal estimates filed by state agencies, as official PDFs

Sponsors

Introduced by: Agard (D) , L. Taylor (D) , Larson (D) , Smith (D)

12 cosponsors

Andraca (D) , B. Meyers (D) , Cabrera (D) , Doyle (D) , Hebl (D) , Hong (D) , Pope (D) , S. Rodriguez (D) , Shankland (D) , Sinicki (D) , Spreitzer (D) , Subeck (D)

Full history

  1. Aug 26, 2021 · Senate

    Introduced by Senators Smith, Larson, Agard and L. Taylor; cosponsored by Representatives S. Rodriguez, Sinicki, B. Meyers, Andraca, Cabrera, Doyle, Hebl, Hong, Pope, Shankland, Subeck and Spreitzer

  2. Aug 26, 2021 · Senate

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

  3. Sep 9, 2021 · Senate

    Fiscal estimate received

  4. Mar 15, 2022 · Senate

    Failed to pass pursuant to Senate Joint Resolution 1