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AB997 • 2025

funding for the Department of Financial Institutions for contributions to Trump accounts and making an appropriation

funding for the Department of Financial Institutions for contributions to Trump accounts and making an appropriation

Budget
Did Not Pass

The latest official action shows that this bill did not move forward in that session.

Sponsor
Representatives Behnke, Gundrum, Kreibich, Maxey, Moses, Murphy, Piwowarczyk, Rodriguez and Tucker, cosponsored by Senators Cabral-Guevara and Quinn
Last action
2026-03-23
Official status
S - Financial Institutions and Sporting Heritage
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

funding for the Department of Financial Institutions for contributions to Trump accounts and making an appropriation

funding for the Department of Financial Institutions for contributions to Trump accounts and making an appropriation Status: S - Financial Institutions and Sporting Heritage

What This Bill Does

  • funding for the Department of Financial Institutions for contributions to Trump accounts and making an appropriation Status: S - Financial Institutions and Sporting Heritage

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2026-03-23 Sen.

    Failed to concur in pursuant to Senate Joint Resolution 1

  2. 2026-03-04 Sen.

    Public hearing held

  3. 2026-02-25 Sen.

    Read first time and referred to committee on Financial Institutions and Sporting Heritage

  4. 2026-02-24 Sen.

    Fiscal estimate received

  5. 2026-02-23 Sen.

    Received from Assembly

  6. 2026-02-19 Asm.

    Assembly Substitute Amendment 1 offered by Representative Cruz

  7. 2026-02-19 Asm.

    Read a second time

  8. 2026-02-19 Asm.

    Assembly Substitute Amendment 2 offered by Representative Behnke

  9. 2026-02-19 Asm.

    Assembly Substitute Amendment 2 adopted

  10. 2026-02-19 Asm.

    Ordered to a third reading

  11. 2026-02-19 Asm.

    Rules suspended

  12. 2026-02-19 Asm.

    Read a third time and passed, Ayes 62, Noes 35

  13. 2026-02-19 Asm.

    Ordered immediately messaged

  14. 2026-02-18 Asm.

    Made a special order of business at 12:00 PM on 2-19-2026 pursuant to Assembly Resolution 14

  15. 2026-02-11 Asm.

    Executive action taken

  16. 2026-02-11 Asm.

    Report passage recommended by Committee on Financial Institutions , Ayes 8, Noes 1

  17. 2026-02-11 Asm.

    Referred to committee on Rules

  18. 2026-02-05 Asm.

    Public hearing held

  19. 2026-02-02 Asm.

    Introduced by Representatives Behnke , Gundrum , Kreibich , Maxey , Moses , Murphy , Piwowarczyk , Rodriguez and Tucker ; cosponsored by Senators Cabral-Guevara and Quinn

  20. 2026-02-02 Asm.

    Read first time and referred to Committee on Financial Institutions

Official Summary Text

funding for the Department of Financial Institutions for contributions to Trump accounts and making an appropriation
Status: S - Financial Institutions and Sporting Heritage

Current Bill Text

Read the full stored bill text
Wisconsin Legislature: AB997: Bill Text

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AB997: Bill Text

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2025 - 2026 LEGISLATURE
LRB-6046/1
ARG:skw
2025 ASSEMBLY BILL 997
February 2, 2026 - Introduced by Representatives
Behnke
,
Gundrum
,
Kreibich
,
Maxey
,
Moses
,
Murphy
,
Piwowarczyk
,
Rodriguez
and
Tucker
, cosponsored by Senators
Cabral-Guevara
and
Quinn
. Referred to Committee on Financial Institutions.
AB997,1,2
1
An Act

relating to:
funding for the Department of Financial Institutions for
2
contributions to Trump accounts and making an appropriation.
Analysis by the Legislative Reference Bureau
This bill provides $60,000,000 in annual funding in the 2025-27 fiscal biennium for the Department of Financial Institutions to make contributions to Trump accounts if these contributions are expressly authorized under state law.
For further information see the state fiscal estimate, which will be printed as an appendix to this bill.
The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:
AB997,1
3
Section

1
. Fiscal changes.
AB997,2,2
4
(
1
) In the schedule under s. 20.005 (3) for the appropriation to the department
5
of financial institutions under s. 20.144 (1) (g), the dollar amount for fiscal year
6
2025-26 is increased by $60,000,000 and the dollar amount for fiscal year 2026-27 is
1
increased by $60,000,000 for payments by the department to Trump accounts if the
2
department’s contributions to Trump accounts are expressly authorized by statute.
AB997,2,3
3
(end)

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