Assembly Bill 1226
The fee for filing limited liability company articles of organization with the Department of Financial Institutions. (FE)
Topics: Corporation, Financial Institutions, Department of, Youth
Stopped in committee
It never got a , so it never came up for a vote. The last day for votes this session was Mar 19, 2026. To try again, a lawmaker would have to start a new bill.
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Introduced, passed
Mar 19, 2026
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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, Apr 9, 2026: “Fiscal estimate received”
It never got a hearing in the Assembly Committee on Financial Institutions. The committee's chair at the time was Cindi Duchow. Chairs decide which bills get a hearing. 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
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 creates a filing fee exception for youth entrepreneurs who form a limited liability company (LLC).
Current law establishes a fee of $130 for filing LLC articles of organization with the Department of Financial Institutions. However, DFI may not collect this fee if the LLC members or organizers are all student entrepreneurs. A “student entrepreneur” is defined as a student who is at least 18 years of age, enrolled in a postsecondary institution in this state, and an organizer or member of an LLC formed as a business start-up.
Read the full summary Show less
The bill creates an additional filing fee exception for youth entrepreneurs. A “youth entrepreneur” is defined as an individual who is at least 12 but less than 18 years of age and who is an organizer of an LLC or will be a member of the LLC upon its formation. Under the bill, DFI may not collect a fee for filing LLC articles of organization if the LLC members or organizers are all youth entrepreneurs.
Who's behind it
Sequanna Taylor, a Democrat, is its .
See all the details Hide the names
Author (1)
- Sequanna Taylor · Democrat, Assembly
What it would cost
State agencies filed a . Each opens as a PDF from the Legislature.
What happened
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Apr 9, 2026
A state agency sent in its estimate of the cost.
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Mar 23, 2026
The session ended, and the bill died with it.
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Mar 19, 2026
Sent to the Assembly Committee on Financial Institutions.
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Mar 19, 2026
Introduced in the Assembly.
See the official record, word for word Hide the official record
- Mar 19, 2026 · Assembly
Introduced by Representative Taylor
- Mar 19, 2026 · Assembly
Read first time and referred to Committee on Financial Institutions
- Mar 23, 2026 · Assembly
Failed to pass pursuant to Senate Joint Resolution 1
- Apr 9, 2026 · Assembly
Fiscal estimate received
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
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
Cost estimate
A state agency's estimate of what a bill would cost or save.
Official term: Fiscal estimate