Wisconsin 2023-2024 Regular Session Status: To Executive 18 D cosponsors

AB 948 — Relating to: student loans for postsecondary education, requirements related to student loan servicers, creating an office of the student loan ombudsman in the Department of Financial Institutions, and granting rule-making authority. (FE)

Last action — Failed to pass pursuant to Senate Joint Resolution 1

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  1. ✓
    Introduced
  2. ✓
    In Committee
  3. ✓
    Passed Assembly
  4. ✓
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 2023-2024 Regular Session. It reached “To Executive” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Bill Text

How this bill changes current law

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Compared against current U.S. Code AI-generated reading aid — verify against the official bill.

The bill creates an Office of the Student Loan Ombudsman in the Department of Financial Institutions and establishes licensing requirements for student loan servicers.

  • 15.01 (6)

    The office of credit unions in the department of financial institutions, the office of the inspector general in the department of children and families, the office of the inspector general in the department of health services, and the office of children's mental health in the department of health services have the meaning of 'division' under this subsection. → the office of credit unions and the office of the student loan ombudsman in the department of financial institutions, the office of the inspector general in the department of children and families, the office of the inspector general in the department of health services, and the office of children's mental health in the department of health services have the meaning of 'division' under this subsection.

    This change adds the Office of the Student Loan Ombudsman to the definition of 'division' under this section.

  • 15.02 (3) (c) 1.

    The office of credit unions in the department of financial institutions and the office of children's mental health in the department of health services have the meaning of 'division' and the director of credit unions in the department of financial institutions and the director of the office of children's mental health in the department of health services have the meaning of 'administrator' under this subdivision. → The office of credit unions and the office of the student loan ombudsman in the department of financial institutions and the office of children's mental health in the department of health services have the meaning of 'division' and the director of credit unions in the department of financial institutions and the director of the office of children's mental health in the department of health services have the meaning of 'administrator' under this subdivision.

    This change establishes the Office of the Student Loan Ombudsman as a recognized division under this section.

  • 15.185 (6)

    There is created in the department of financial institutions an office of the student loan ombudsman.

    This change creates the Office of the Student Loan Ombudsman within the Department of Financial Institutions.

Action History

  1. Failed to pass pursuant to Senate Joint Resolution 1

  2. Representative Haywood added as a coauthor

  3. Fiscal estimate received

  4. Read first time and referred to Committee on Colleges and Universities

  5. Introduced by Representatives Joers, Drake, Sinicki, Neubauer, Ratcliff, Bare, Emerson, Shelton, Jacobson, Considine, Palmeri, C. Anderson, Subeck, Clancy, Hong, Moore Omokunde, J. Anderson, Madison, Stubbs, Baldeh, Conley, Shankland and Ortiz-Velez; cosponsored by Senators Hesselbein, Smith, Carpenter, Taylor, Roys, Larson, L. Johnson, Agard and Spreitzer

Sponsors

Sponsorship breakdown

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23 sponsors · 0 co-sponsors · 109 not signed on

Sponsors (23)

Co-sponsors (0)

None.

Not signed on (109)

109 members have not signed on to this bill.

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"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

finance education
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Frequently asked questions

Who sponsors AB 948?
AB 948 is sponsored by Joers, Alex (Democrat), Drake, Dora (Democrat), Sinicki, Christine (Democrat), Neubauer, Greta (Democrat), Ratcliff, Melissa (Democrat), Bare, Mike (Democrat), Emerson, Jodi (Democrat), Shelton, Jacobson, Jenna (Democrat), Considine, Palmeri, Lori (Democrat), Anderson, Clinton (Democrat), Subeck, Lisa (Democrat), Clancy, Ryan (Democrat), Hong, Francesca (Democrat), Moore Omokunde, Supreme (Democrat), Madison, Darrin (Democrat), Stubbs, Shelia (Democrat), Baldeh, Conley, Shankland, and Ortiz-Velez, Sylvia (Democrat).
What is the current status of AB 948?
This bill died with 2023-2024 Regular Session. It reached “To Executive” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track AB 948?
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