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Wisconsin Legislature · SB 315 · S - Veto sustained

The minimum net worth requirement for licensed mortgage brokers

Introduced
Moved
Reached a final decision
Vetoed
Derived from the official record below.

Officially: “the minimum net worth requirement for licensed mortgage brokers. Read the full text

Official title shown verbatim from the official record. Plain-language summary coming as coverage deepens. Not legal advice.
2025-2026 legislature

Where it is

Show all 29 actions
Introduced by Senators Stafsholt and Kapenga; cosponsored by Representatives Brooks, Franklin, Goodwin, Green, Knodl, Kreibich, O'Connor and Piwowarczyk · Jun 6, 2025

Senate

Read first time and referred to Committee on Financial Institutions and Sporting Heritage · Jun 6, 2025

Senate

Public hearing held · Sep 16, 2025

Senate

Executive action taken · Sep 23, 2025

Senate

Report passage recommended by Committee on Financial Institutions and Sporting Heritage, Ayes 3, Noes 2 · Sep 23, 2025

Senate

Available for scheduling · Sep 23, 2025

Senate

Placed on calendar 10-14-2025 pursuant to Senate Rule 18(1) · Oct 13, 2025

Senate

Read a second time · Oct 14, 2025

Senate

Ordered to a third reading · Oct 14, 2025

Senate

Rules suspended to give bill its third reading · Oct 14, 2025

Senate

Read a third time and passed · Oct 14, 2025

Senate

Ordered immediately messaged · Oct 14, 2025

Senate

Received from Senate · Oct 14, 2025

Assembly

Read first time and referred to committee on Rules · Jan 7, 2026

Assembly

Placed on calendar 1-13-2026 by Committee on Rules · Jan 8, 2026

Assembly

Rules suspended to withdraw from calendar and take up · Jan 13, 2026

Assembly

Representative Stubbs added as a cosponsor · Jan 13, 2026

Assembly

Read a second time · Jan 13, 2026

Assembly

Ordered to a third reading · Jan 13, 2026

Assembly

Rules suspended · Jan 13, 2026

Assembly

Read a third time and concurred in · Jan 13, 2026

Assembly

Ordered immediately messaged · Jan 13, 2026

Assembly

Received from Assembly concurred in · Jan 14, 2026

Senate

Representative Stubbs withdrawn as a cosponsor · Jan 15, 2026

Senate

Report correctly enrolled · Jan 15, 2026

Senate

Presented to the Governor on 3-18-2026 · Mar 18, 2026

Senate

Report vetoed by the Governor on 3-20-2026 · Mar 20, 2026

Senate

Placed on calendar 5-12-2026 pursuant to Joint Rule 82 (2)(a) · May 12, 2026

Senate

Failed to pass notwithstanding the objections of the Governor pursuant to Joint Rule 82 · May 13, 2026

Senate

The numbers

2
sponsors on the bill

Sponsors

StafsholtKapenga
Every fact on this page links to its source, starting with the official bill record. Last action: Failed to pass notwithstanding the objections of the Governor pursuant to Joint Rule 82 (May 13, 2026).