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WI AB286

Bill

Status

Introduced

5/30/2025

Primary Sponsor

Robert Wittke

Click for details

Origin

State Assembly

2025-2026 Regular Session

AI Summary

  • Transfers $172,000,000 from the Department of Administration's federal program revenue appropriation to the state general fund upon enactment

  • Captures interest earnings accumulated on advanced federal coronavirus state and local fiscal recovery funds held by Wisconsin

  • Secretary of Administration reported $171,487,101.82 in total interest earned on these funds as of end of April 2025

  • 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