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WI AB286
Bill
Status
Introduced
5/30/2025
Primary Sponsor
Robert Wittke
Click for details
AI Summary
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Transfers $172,000,000 from the Department of Administration's federal program revenue appropriation to the state general fund upon enactment
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Captures interest earnings accumulated on advanced federal coronavirus state and local fiscal recovery funds held by Wisconsin
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Secretary of Administration reported $171,487,101.82 in total interest earned on these funds as of end of April 2025
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Current law requires miscellaneous receipts like interest earnings collected by state agencies to be credited to general purpose revenues unless otherwise specified
Legislative Description
Interest earned on coronavirus state and local fiscal recovery funds. (FE)
Last Action
Public hearing held
6/11/2025
Committee Referrals
State Affairs5/30/2025
Full Bill Text
No bill text available