Wisconsin 2025 Regular Session Status: Passed Assembly 9 R cosponsors

AB 997 — Relating to: funding for the Department of Financial Institutions for contributions to Trump accounts and making an appropriation. (FE)

Last action — Failed to concur in pursuant to Senate Joint Resolution 1

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

This bill has passed the Assembly. Introduced February 02, 2026. It now moves to the second chamber.

Next likely step: consideration and a floor vote in the Senate.

Odds of enactment

High chance

Based on the sponsor, cosponsors, and committee posture, this bill has a high chance of becoming law.

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A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.

Prognosis

Advancing 58% · moderate confidence

  • Passed Assembly

    Current position in the legislative process.

  • 11 sponsors

    1 primary, 10 co-sponsors signed on.

  • Single-party support

    Sponsorship is currently within one party (9 R).

  • Cleared a recorded vote

    Passed 2 recorded votes so far.

Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.

Summary

An Act

Bill Text

What changed in the latest version

23 added · 24 removed

Plain-language change summary

The updated version of Assembly Bill 997 now includes a provision to allocate $60 million annually for the Department of Financial Institutions to make contributions to Trump accounts, as long as these contributions are expressly authorized by state law. This change simplifies the funding structure by specifying amounts for the next two fiscal years, highlighting the state's commitment to potentially supporting these accounts. This matters because it formalizes the state's financial involvement in a specific area, which may impact public resources and priorities.

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Latest
- 2026 LEGISLATURE LRBs0395/1 ARG:skw ASSEMBLY SUBSTITUTE AMENDMENT 2, TO ASSEMBLY BILL 997 February 19, 2026 - Offered by RepresentatEHNKE .
- 2026 LEGISLATURE LRB-6046/1 ARG:skw ASSEMBLY BILL 997 February 2, 2026 - Introduced by RepresentativEHNKE, GUNDRUM , KREIBICH, M AXEY, MOSES, MURPHY, IWOWARCZYK , RODRIGUEZ and TUCKER, cosponsored by Senators C ABRAL-G UEVARA and Q UINN.
A N A CT to amend 20.144 (1) (c) of the statutes;
Referred to Committee on Financial Institutions.
relating to:
A N A CT relating to:
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.
S ECTION 1.
SECTION 1.
20.144 (1) (c) of the statutes, as created by 2025 Wisconsin Act ....
Fiscal changes.
(2025 Assembly Bill 996), is amended to read:
(1) In the schedule under s.
20.144 (1) (c) Contributions to Trump accounts.
20.005 (3) for the appropriation to the department of financial institutions under s.
The amounts in the schedule A sum sufficient for the department of financial institutions to make contributions to Trump accounts under s.
20.144 (1) (g), the dollar amount for fiscal year 2025-26 is increased by $60,000,000 and the dollar amount for fiscal year 2026-27 is - 2026 Legislature - 2 - LRB-6046/1 ARG:skw ASSEMBLY BILL 997 S ECTION 1 increased by $60,000,000 for payments by the department to Trump accounts if the department’s contributions to Trump accounts are expressly authorized by statute.
224.38 (2).
END )
S ECTION 2.
Nonstatutory provisions.
(1) RECONCILIATION PROVISIO.
- 2026 Legislature - 2 - LRBs0395/1 ARG:skw S ECTION 2 (a) If 2025 Assembly Bill 996, as shown by Assembly Substitute Amendment ....
(LRBs0449/1) to 2025 Assembly Bill 996, or any other 2025 bill whose content is identical to the content of 2025 Assembly Substitute Amendment ....
(LRBs0449/1) to 2025 Assembly Bill 996, is enacted into law, then this act takes effect on the effective date of the first of those bills that is enacted into law or on the effective date of this paragraph, whichever is later.
(b) If par.
(a) does not apply, then this act is void.
(END )
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Action History

  1. Failed to concur in pursuant to Senate Joint Resolution 1

  2. Public hearing held

  3. Read first time and referred to committee on Financial Institutions and Sporting Heritage

  4. Fiscal estimate received

  5. Received from Assembly

  6. Ordered immediately messaged

  7. Read a third time and passed, Ayes 62, Noes 35

  8. Rules suspended

  9. Ordered to a third reading

  10. Assembly Substitute Amendment 2 adopted

  11. Assembly Substitute Amendment 2 offered by Representative Behnke

  12. Read a second time

  13. Assembly Substitute Amendment 1 offered by Representative Cruz

  14. Made a special order of business at 12:00 PM on 2-19-2026 pursuant to Assembly Resolution 14

  15. Referred to committee on Rules

  16. Report passage recommended by Committee on Financial Institutions, Ayes 8, Noes 1

  17. Executive action taken

  18. Public hearing held

  19. Read first time and referred to Committee on Financial Institutions

  20. Introduced by Representatives Behnke, Gundrum, Kreibich, Maxey, Moses, Murphy, Piwowarczyk, Rodriguez and Tucker; cosponsored by Senators Cabral-Guevara and Quinn

Sponsors

Sponsorship breakdown

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1 sponsors · 10 co-sponsors · 121 not signed on · 34 voted No

Sponsors (1)

Co-sponsors (10)

Not signed on (121)

121 members have not signed on to this bill.

Show all 121 →

"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

Votes

Read a third time and passed

Passed 62 Yea · 35 Nay · 2 Other
Party YeaNayPresentNot Voting
Republican 52100
Democrat 93301
Unaffiliated 1101
Total 623502
% of votes cast 63%35%0%2%
How each member voted (99)
Member Party Vote
JOHNSON — Not Voting
MOORE OMOKUNDE — Nay
SPEAKER — Yea
Anderson, Clinton Democrat Nay
Andraca, Deb Democrat Nay
Arney, Margaret Democrat Nay
Bare, Mike Democrat Nay
Billings, Jill Democrat Yea
Brown, Brienne Democrat Yea
Clancy, Ryan Democrat Nay
Cruz, Angelina Democrat Nay
DeSanto, Karen Democrat Nay
DeSmidt, Ben Democrat Nay
Doyle, Steve Democrat Yea
Emerson, Jodi Democrat Yea
Fitzgerald, Joan Democrat Nay
Goodwin, Russell Democrat Nay
Haywood, Kalan Democrat Nay
Hong, Francesca Democrat Nay
Hysell, Andrew Democrat Nay
Jacobson, Jenna Democrat Yea
Joers, Alex Democrat Nay
Kirsch, Karen Democrat Nay
Madison, Darrin Democrat Nay
Mayadev, Renuka Democrat Nay
McCarville, Maureen Democrat Nay
McGuire, Tip Democrat Nay
Miresse, Vincent Democrat Yea
Neubauer, Greta Democrat Nay
Ortiz-Velez, Sylvia Democrat Yea
Palmeri, Lori Democrat Nay
Phelps, Christian Democrat Nay
Prado, Priscilla Democrat Nay
Rivera-Wagner, Amaad Democrat Nay
Roe, Ann Democrat Nay
Sheehan, Joe Democrat Not Voting
Sinicki, Christine Democrat Nay
Snodgrass, Lee Democrat Nay
Spaude, Ryan Democrat Yea
Stroud, Angela Democrat Nay
Stubbs, Shelia Democrat Nay
Subeck, Lisa Democrat Nay
Taylor, Sequanna Democrat Nay
Tenorio, Angelito Democrat Nay
Udell, Randy Democrat Nay
Vining, Robyn Democrat Yea
Allen, Scott Republican Yea
Armstrong, David Republican Yea
August, Tyler Republican Yea
Behnke, Elijah Republican Yea
Born, Mark Republican Yea
Brill, Lindee Republican Yea
Brooks, Robert Republican Yea
Callahan, Calvin Republican Yea
Dallman, Alex Republican Yea
Dittrich, Barbara Republican Yea
Donovan, Bob Republican Yea
Duchow, Cindi Republican Yea
Franklin, Benjamin Republican Yea
Goeben, Joy Republican Yea
Green, Chanz Republican Yea
Gundrum, Rick Republican Yea
Gustafson, Nate Republican Yea
Hurd, Karen Republican Yea
Jacobson, Brent Republican Yea
Kaufert, Dean Republican Yea
Kitchens, Joel Republican Yea
Knodl, Daniel Republican Yea
Kreibich, Rob Republican Yea
Krug, Scott Republican Yea
Kurtz, Tony Republican Yea
Maxey, Dave Republican Yea
Melotik, Paul Republican Yea
Moses, Clint Republican Yea
Murphy, David Republican Yea
Mursau, Jeffrey Republican Yea
Nedweski, Amanda Republican Yea
Neylon, Adam Republican Yea
Novak, Todd Republican Yea
O'Connor, Jerry Republican Yea
Penterman, William Republican Yea
Petersen, Kevin Republican Yea
Piwowarczyk, Jim Republican Yea
Pronschinske, Treig Republican Yea
Rodriguez, Jessie Republican Yea
Snyder, Patrick Republican Yea
Sortwell, Shae Republican Nay
Spiros, John Republican Yea
Steffen, David Republican Yea
Summerfield, Rob Republican Yea
Swearingen, Rob Republican Yea
Tittl, Paul Republican Yea
Tranel, Travis Republican Yea
Tucker, Duke Republican Yea
Tusler, Ron Republican Yea
VanderMeer, Nancy Republican Yea
Wichgers, Chuck Republican Yea
Wittke, Robert Republican Yea
Zimmerman, Shannon Republican Yea

Official roll call →

Subjects

taxation finance
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Frequently asked questions

What does AB 997 do?
An Act
Who sponsors AB 997?
AB 997 is sponsored by Cabral-Guevara, Quinn, Behnke, Elijah (Republican), Gundrum, Rick (Republican), Kreibich, Rob (Republican), Maxey, Dave (Republican), Moses, Clint (Republican), Murphy, David (Republican), Piwowarczyk, Jim (Republican), Rodriguez, Jessie (Republican), and Tucker, Duke (Republican).
What is the current status of AB 997?
This bill has passed the Assembly. Introduced February 02, 2026. It now moves to the second chamber.
Where can I track AB 997?
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