Wisconsin 2025 Regular Session Status: Introduced 1 R cosponsors

SJR 144 — Relating to: accounting and expenditure of state funds and reduction of deficit (first consideration).

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

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

This bill has been introduced in the Senate. Introduced March 19, 2026. It must pass committee before a floor vote.

Next likely step: a committee referral and hearing.

Prognosis

Not enough signal yet

Where this bill stands today.

Odds of enactment

Low

How 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

To amend section 5 of article VIII of the constitution;

Bill Text

  • Joint Resolution Text View text Current pdf

How this bill changes current law

4 changes Share ↗

AI-generated reading aid from the bill's amendatory text — verify against the official bill.

This constitutional amendment establishes requirements for accounting and budgetary practices in relation to state funds and deficits.

  • Article VIII, Section 5

    The legislature may establish the basis of accounting to be used for budget purposes. → The legislature may establish the budgetary basis of accounting.

    This updates the language regarding how the legislature can establish accounting practices.

  • Article VIII, Section 5

    In addition to the statutory basis of accounting, the state shall account for and report all moneys it receives or spends, including but not limited to component units, in accordance with generally accepted accounting principles. → the state shall account for and report all funds it receives or expends in accordance with generally accepted accounting principles (GAAP).

    This mandates that the state must use GAAP for accounting and reporting all funds.

  • Article VIII, Section 5

    The legislature shall pass an annual or biennial budget bill that is projected to reduce any existing deficit in any state fund that is affected by the budget bill reported under generally accepted accounting principles by at least one-tenth of any projected annual increase of tax revenues deposited in that state fund in each fiscal year. → The legislature shall pass an annual or biennial budget bill that is projected to reduce any existing deficit in any state fund affected by a budget bill by at least 10 percent of any projected increase in tax revenues in that fund.

    This specifies the process and percentage for reducing existing deficits in state funds.

  • Article VIII, Section 5

    Once any deficit in a state fund under generally accepted accounting principles is eliminated, the legislature may not pass any bill affecting that fund that would result in a projected deficit in that state fund under generally accepted accounting principles. → Once the deficit is eliminated, the legislature may not pass any bill that would result in a projected deficit.

    This clarifies that no bills causing projected deficits can be passed after a deficit is eliminated.

Action History

  1. Failed to adopt pursuant to Senate Joint Resolution 1

  2. Read first time and referred to Committee on Agriculture and Revenue

  3. Introduced by Senator Marklein; cosponsored by Representative Wittke

Sponsors

Sponsorship breakdown

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1 sponsors · 1 co-sponsors · 130 not signed on

Sponsors (1)

Co-sponsors (1)

  • Wittke

Not signed on (130)

130 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
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does SJR 144 do?
To amend section 5 of article VIII of the constitution;
Who sponsors SJR 144?
SJR 144 is sponsored by Wittke and Marklein, Howard (Republican).
What is the current status of SJR 144?
This bill has been introduced in the Senate. Introduced March 19, 2026. It must pass committee before a floor vote.
Where can I track SJR 144?
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Last checked for changes 3 months ago · updated continuously

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