Bills · 2025-2026 Regular Session
Relating to: interest earned on coronavirus state and local fiscal recovery funds. (FE)
Administration department of — Budget and fiscal issues Appropriation Federal aid
- Introduced, stopped here
- Passes Assembly, not reached
- Passes Senate, not reached
- Governor signs, not reached
- Law, not reached
Unfamiliar terms? Glossary
What this bill does
Plain-language analysis by the nonpartisan Legislative Reference Bureau
Under this bill, $172,000,000 is lapsed to the general fund from a federal program revenue appropriation to the Department of Administration on the date the bill becomes law. On May 9, 2025, the secretary of administration reported to the co-chairs of the Joint Legislative Audit Committee that, as of the end of April, the total interest earned on advanced coronavirus state and local fiscal recovery funds and credited to the federal program revenue appropriation was $171,487,101.82. Under current law, unless specifically provided by law, miscellaneous receipts collected by a state agency, such as interest earnings, must be credited to general purpose revenues of the general fund.
Sponsors
Registered lobbying interests · 3
Organizations that registered lobbying activity on this bill with the Wisconsin Ethics Commission. Registration means interest, not a position for or against. Official record
Full history
- May 30, 2025 · Assembly
Introduced by Representatives Wittke, Behnke, Brill, Brooks, Dittrich, Donovan, Duchow, Goeben, Green, Kaufert, Kitchens, Knodl, Kreibich, Melotik, Murphy, Mursau, Nedweski, O'Connor, Penterman and Tittl; cosponsored by Senators Wimberger, Bradley, Felzkowski, Feyen, Jacque, James, Kapenga, Marklein, Nass, Quinn and Tomczyk
- May 30, 2025 · Assembly
Read first time and referred to Committee on State Affairs
- Jun 10, 2025 · Assembly
Representative Steffen added as a coauthor
- Jun 11, 2025 · Assembly
Public hearing held
- Mar 23, 2026 · Assembly
Failed to pass pursuant to Senate Joint Resolution 1