Relating to: excluding expenditures funded by referenda from shared costs for the purpose of determining eq...
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SB 61 — Relating to: excluding expenditures funded by referenda from shared costs for the purpose of determining equalization aid for school districts. (FE)
Last action — Failed to pass pursuant to Senate Joint Resolution 1
No card. One bill, free forever — alerts when it moves.
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1Introduced
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2In Committee
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3Passed Senate
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4Passed Assembly
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5To Executive
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6Enacted
This bill has been introduced in the Senate. Introduced February 21, 2025. It must pass committee before a floor vote.
Next likely step: a committee referral and hearing.
Prognosis
Where this bill stands today.
Odds of enactment
LowHow often bills like it became law.
Not enough signal yet to read this bill's trajectory — we surface a likelihood only once there's real movement (stage, sponsorship, committee, or votes) to point to.
Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.
Summary
An Act to amend 121.07 (6) (a) (intro.) and 121.07 (6) (am); to create 121.07 (6) (ap) of the statutes;
Bill Text
- Bill Text View text Current pdf
Compared against current U.S. Code AI-generated reading aid — verify against the official bill.
The bill excludes certain expenditures funded by referenda from the shared cost calculation used to determine equalization aid for school districts.
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121.07(6)(a)(intro.)
“Shared cost” is the sum of the net cost of the general fund and the net cost of the debt service fund,→ Subject to pars. (am) and (ap), “shared cost” is the sum of the net cost of the general fund and the net cost of the debt service fund,This change clarifies that certain new provisions apply to the definition of shared cost.
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121.07(6)(am)
any amount expended in the previous school year from the school district’s fund balance to pay the school district’s unfunded pension liability under the Wisconsin Retirement System or to pay debt service for debt issued to refinance the balance of the unfunded pension liability if the result of excluding such expenditures is an increase in state aid paid to the school district under s. 121.08→ any amount expended in the previous school year from the school district’s fund balance to pay the school district’s unfunded pension liability under the Wisconsin Retirement System or to pay debt service for debt issued to refinance the balance of the unfunded pension liability if the result of excluding such expenditures is an increase in state aid paid to the school district under s. 121.08 levied by a school district or levied for school purposes in the previous school year that was approved by a referendum held under s. 121.91 (3) after the effective date of this paragraph .... [LRB inserts date], to exceed the limit under s. 121.91 (2m) by at least $50,000,000, unless, in the previous school year, the school district’s equalized valuation exceeded the tertiary guaranteed valuation per member.This change specifies that only certain expenditures from fund balance related to referenda will be excluded from shared costs.
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121.07(6)(ap)
In par. (a), “debt service” excludes debt service on debt authorized by a referendum held after the effective date of this paragraph .... [LRB inserts date], to borrow at least $50,000,000, unless, in the previous school year, the school district’s equalized valuation exceeded the tertiary guaranteed valuation per member.
This new paragraph excludes debt service from certain referenda over $50,000,000 from the shared cost calculation.
Action History
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Failed to pass pursuant to Senate Joint Resolution 1
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Fiscal estimate received
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Read first time and referred to Committee on Education
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Introduced by Senators Bradley and Nass; cosponsored by Representatives Allen, Maxey, Behnke, Brill, Dittrich, Gundrum, Knodl, Kreibich, O'Connor, Piwowarczyk, Sortwell and Wichgers
Sponsors
- Allen · Cosponsor
- Maxey · Cosponsor
- Behnke · Cosponsor
- Brill · Cosponsor
- Dittrich · Cosponsor
- Gundrum · Cosponsor
- Knodl · Cosponsor
- Kreibich · Cosponsor
- O'Connor · Cosponsor
- Piwowarczyk · Cosponsor
- Sortwell · Cosponsor
- Wichgers · Cosponsor
- Julian Bradley · Primary
- Steve Nass · Cosponsor
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 13 co-sponsors · 118 not signed on
Sponsors (1)
- Bradley, Julian Republican
Co-sponsors (13)
- Allen
- Maxey
- Behnke
- Brill
- Dittrich
- Gundrum
- Knodl
- Kreibich
- O'Connor
- Piwowarczyk
- Sortwell
- Wichgers
- Nass, Steve Republican
Not signed on (118)
118 members have not signed on to this bill.
Show all 118 →"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.
Subjects
Frequently asked questions
- What does SB 61 do?
- An Act to amend 121.07 (6) (a) (intro.) and 121.07 (6) (am); to create 121.07 (6) (ap) of the statutes;
- Who sponsors SB 61?
- SB 61 is sponsored by Allen, Maxey, Behnke, Brill, Dittrich, Gundrum, Knodl, Kreibich, O'Connor, Piwowarczyk, Sortwell, Wichgers, Bradley, Julian (Republican), and Nass, Steve (Republican).
- What is the current status of SB 61?
- This bill has been introduced in the Senate. Introduced February 21, 2025. It must pass committee before a floor vote.
- Where can I track SB 61?
- Track SB 61 free on One Click Politics — get push/email alerts when it moves.
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