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Wisconsin Legislature: SB989: Bill Text
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SB989: Bill Text
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2025 - 2026 LEGISLATURE
LRB-6181/1
ARG:skw
2025 SENATE BILL 989
February 6, 2026 - Introduced by Senators
Cabral-Guevara
and
Quinn
, cosponsored by Representatives
Behnke
,
Gundrum
,
Kreibich
,
Moses
,
Murphy
,
Piwowarczyk
,
Rodriguez
and
Tucker
. Referred to Committee on Financial Institutions and Sporting Heritage.
SB989,1,2
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:
SB989,1
3
Section
1
. Fiscal changes.
SB989,2,2
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.
SB989,2,3
3
(end)
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proposaltext/2025/REG/SB989
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