2021-2022 Regular SessionWisconsin Legislature

AB974: Creating a 401Kids savings program and the 401Kids savings program trust fund; granting rule-making authority; and making an appropriation. (FE)

Legislative Summary

An Act to amend 20.515 (1) (a), chapter 40 (title), 40.08 (8) (a) (intro.), 48.94 (1), 69.14 (1) (a) and 175.46 (5) (a); and to create 16.705 (1b) (e), 16.71 (5t), 20.515 (2), 25.14 (1) (a) 20., 25.17 (1) (zk), 25.17 (2) (h), 25.90, subchapter X of chapter 40 [precedes 40.96], 40.96 and 73.03 (77) of the statutes; Relating to: creating a 401Kids savings program and the 401Kids savings program trust fund; granting rule-making authority; and making an appropriation. (FE)

Demographic Impact

Overall analysis of equity impact

85% Positive
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Bill History

2/10/2022
Introduced
State Assembly
2/10/2022
Read first time and referred to Committee on Ways and Means
State Assembly
2/17/2022
Fiscal estimate received
State Assembly
2/23/2022
Fiscal estimate received
State Assembly
2/24/2022
Fiscal estimate received
State Assembly
2/24/2022
Representatives Vining, Conley and Shelton added as coauthors
State Assembly
2/24/2022
Fiscal estimate received
State Assembly
3/1/2022
Public hearing held
State Assembly
3/15/2022
Failed to pass pursuant to Senate Joint Resolution 1
State Assembly