Assembly Bill 397
Reporting requirements for recipients of economic development grants and loans
Topics: Economic Development Corporation, Wisconsin, Municipality, University of Wisconsin
Stopped before the full Assembly voted
The recommended passing it, but the full Assembly never voted on it. 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
Aug 29, 2025
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Committee, passed
Approved
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Assembly vote, stopped here
Stopped here. The full Assembly never voted on it.
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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, Mar 23, 2026: “Failed to pass pursuant to ”
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The same bill was also filed in the Senate as SB 562. That version died when the session ended.
Terms on this page
Committee
A small group of lawmakers that looks at a bill first. Most bills never leave committee.
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
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 would have done
Summary by the , the Legislature's nonpartisan drafting office. It's their wording, not ours.
Under current law, a recipient of a grant or loan of at least $100,000 from the Wisconsin Economic Development Corporation must provide WEDC an audited schedule of expenditures within 120 days after the end of the fiscal year in which grant or loan funds were expended. This bill makes the following changes to the reporting requirement:
1. Increases from $100,000 to $500,000 the grant or loan threshold for which the recipient must submit a schedule of expenditures.
Read the full summary Show less
2. Changes the deadline for submission from 120 days after the end of the fiscal year in which grant or loan funds were expended to 120 days after the end of the fiscal year in which the program expenditures are completed.
3. Exempts a recipient that is a local governmental unit or a university in the University of Wisconsin System from the schedule of expenditures requirement if the recipient a) includes the grant or loan funds in its current audit practices and, b) no later than 120 days after the end of the program period, submits documentation of the recipient’s standard annual audit for every fiscal year in which grant or loan funds were expended. The bill defines “local governmental unit” to mean a city, village, town, county, special purpose district, or federally recognized American Indian tribe or band in this state.
Who's behind it
7 representatives are its . 6 are Republicans and 1 is a Democrat.
6 more lawmakers .
See all 13 names Hide the names
Authors (7)
- Dave Armstrong · Republican, Assembly
- Rick Gundrum · Republican, Assembly
- Alex Joers · Democrat, Assembly
- Rob Kreibich · Republican, Assembly
- Paul Melotik · Republican, Assembly
- Jerry O'Connor · Republican, Assembly
- Travis Tranel · Republican, Assembly
Signed on in support (6)
- Kristin Dassler-Alfheim · Democrat, Senate
- Sylvia Ortiz-Velez · Democrat, Assembly
- Melissa Ratcliff · Democrat, Senate
- Mark Spreitzer · Democrat, Senate
- Patrick Testin · Republican, Senate
- Jamie Wall · Democrat, Senate
Versions and amendments
Every text the Legislature printed for this bill, including proposed changes. Each opens on the Legislature's site.
How lawmakers voted
There were 2 votes on this bill.
Assembly Committee on Jobs and Economy vote on an amendment
Passed, 10 to 0 · Jan 27, 2026
No member-by-member record exists for this vote. Committee votes and some older sessions record totals only.
Official motion: “Report Assembly Amendment 1 adoption recommended by Committee on Jobs and Economy, Ayes 10, Noes 0”. Official record · This vote on its own page
Assembly Committee on Jobs and Economy vote to recommend it
Passed, 10 to 0 · Jan 27, 2026
No member-by-member record exists for this vote. Committee votes and some older sessions record totals only.
Official motion: “Report passage as amended recommended by Committee on Jobs and Economy, Ayes 10, Noes 0”. Official record · This vote on its own page
What happened
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Mar 23, 2026
The session ended, and the bill died with it.
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Jan 27, 2026
Sent to the Assembly Committee on Rules.
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Jan 27, 2026
The committee voted to recommend passing it, 10 to 0.
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Dec 17, 2025
The committee held a public hearing.
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Dec 12, 2025
1 more representative signed on in support.
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Aug 29, 2025
Sent to the Assembly Committee on Jobs and Economy.
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Aug 29, 2025
Introduced in the Assembly.
See the official record, word for word Hide the official record
- Aug 29, 2025 · Assembly
Introduced by Representatives Armstrong, Gundrum, Joers, Kreibich, Melotik, O'Connor and Tranel; cosponsored by Senators Testin, Dassler-Alfheim, Ratcliff, Spreitzer and Wall
- Aug 29, 2025 · Assembly
Read first time and referred to Committee on Jobs and Economy
- Oct 30, 2025 · Assembly
Assembly Amendment 1 offered by Representative Armstrong
- Dec 12, 2025 · Assembly
Representative Ortiz-Velez added as a coauthor
- Dec 17, 2025 · Assembly
Public hearing held
- Jan 21, 2026 · Assembly
Executive action taken
- Jan 27, 2026 · Assembly
Report Assembly Amendment 1 adoption recommended by Committee on Jobs and Economy, Ayes 10, Noes 0
- Jan 27, 2026 · Assembly
Report passage as amended recommended by Committee on Jobs and Economy, Ayes 10, Noes 0
- Jan 27, 2026 · Assembly
Referred to committee on Rules
- Mar 23, 2026 · Assembly
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.
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
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
Committee
A small group of lawmakers that looks at a bill first. Most bills never leave committee.
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
Roll call
A vote where each lawmaker's yes or no is recorded by name.
Official term: Roll call vote