# Wisconsin AB313: An Act to amend 224.72 (4) (b) of the statutes; Relating to: the minimum net worth requirement for licensed mortgage brokers.

Wisconsin AB313, An Act to amend 224.72 (4) (b) of the statutes; Relating to: the minimum net worth requirement for licensed mortgage brokers., is a 2025-2026 Wisconsin Legislature (Biennial Session) House bill sponsored by Robert Brooks (Republican), Benjamin Franklin (Republican), Russell Goodwin (Democratic) and 6 others; status failed, last action 2026-03-23 (Failed to pass pursuant to Senate Joint Resolution 1) (as of 2026-10-17).

- Canonical: https://policyrisk.com/state-bill/WI-AB313-2025
- As of: 2026-10-17
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Wisconsin AB313
- State: Wisconsin
- Session: 2025-2026 Wisconsin Legislature (Biennial Session)
- Title: An Act to amend 224.72 (4) (b) of the statutes; Relating to: the minimum net worth requirement for licensed mortgage brokers.
- Status: failed
- Chamber: House
- Introduced: 2025-06-06
- Last action: 2026-03-23, Failed to pass pursuant to Senate Joint Resolution 1
- Sponsors: Robert Brooks (Republican), Benjamin Franklin (Republican), Russell Goodwin (Democratic), Chanz Green (Republican), Daniel Knodl (Republican), Rob Kreibich (Republican), Jerry O'Connor (Republican), Jim Piwowarczyk (Republican), Priscilla Prado (Democratic)
- Cosponsors: 2
- Subjects: Banking, Division of, Mortgage
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

No summary available.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Robert Brooks (Republican), House
- Sponsor: Benjamin Franklin (Republican), House
- Sponsor: Russell Goodwin (Democratic), House
- Sponsor: Chanz Green (Republican), House
- Sponsor: Daniel Knodl (Republican), House
- Sponsor: Rob Kreibich (Republican), House
- Sponsor: Jerry O'Connor (Republican), House
- Sponsor: Jim Piwowarczyk (Republican), House
- Sponsor: Priscilla Prado (Democratic), House
- Cosponsor: Chris Kapenga (Republican), Senate
- Cosponsor: Rob Stafsholt (Republican), Senate

## Actions (10)

- 2026-03-23: Failed to pass pursuant to Senate Joint Resolution 1 (House)
- 2026-01-13: Laid on the table (House)
- 2026-01-12: Representative Prado withdrawn as a coauthor (House)
- 2026-01-08: Placed on calendar 1-13-2026 by Committee on Rules (House)
- 2025-10-08: Referred to committee on Rules (House)
- 2025-10-08: Report passage recommended by Committee on Financial Institutions, Ayes 5, Noes 3 (House)
- 2025-10-01: Executive action taken (House)
- 2025-09-03: Public hearing held (House)
- 2025-06-06: Read first time and referred to Committee on Financial Institutions (House)
- 2025-06-06: Introduced by Representatives Brooks, Franklin, Goodwin, Green, Knodl, Kreibich, O'Connor, Piwowarczyk and Prado; cosponsored by Senators Stafsholt and Kapenga (House)

## Bill text

- Bill Text: [HTML](https://docs.legis.wisconsin.gov/document/proposaltext/2025/REG/AB313), [PDF](https://docs.legis.wisconsin.gov/document/proposaltext/2025/REG/AB313.pdf)

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## Sources
- [Bill Text (HTML)](https://docs.legis.wisconsin.gov/document/proposaltext/2025/REG/AB313)
- [Bill Text (PDF)](https://docs.legis.wisconsin.gov/document/proposaltext/2025/REG/AB313.pdf)

## Related
- [AB913: An Act to create 71.05 (6) (b) 57. of the statutes; Relating to: subtraction fo…](https://policyrisk.com/state-bill/WI-AB913-2025)
- [AB80: An Act to renumber 457.25 (1); to amend 46.90 (4) (ab) 4., 48.56 (2), 48.561 (2…](https://policyrisk.com/state-bill/WI-AB80-2025)
- [AB1027: An Act Relating to: requiring information relating to the food stamp program to…](https://policyrisk.com/state-bill/WI-AB1027-2025)
- [SB36: An Act to repeal 71.63 (6) (n) 1. and 71.63 (6) (n) 2.; to renumber and amend 7…](https://policyrisk.com/state-bill/WI-SB36-2025)
- [AB674: An Act to create 157.06 (15m) of the statutes; Relating to: prohibiting knowing…](https://policyrisk.com/state-bill/WI-AB674-2025)
- [SB176: An Act to create 71.05 (1) (j), 71.26 (1) (j), 71.34 (1k) (q) and 71.45 (1) (dp…](https://policyrisk.com/state-bill/WI-SB176-2025)
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Source: PRIA, https://policyrisk.com/state-bill/WI-AB313-2025 (as of 2026-10-17).