WisconsinSB10412025-2026 Wisconsin Legislature (Biennial Session)Senate

An Act to renumber subchapter IV of chapter 224 [precedes 224.90]; to amend 15.01 (6), 15.02 (3) (c) 1. and 220.02 (2) (h); to create 15.185 (6), 224.35 (9) and subchapter V of chapter 224 [precedes 224.881] of the statutes; Relating to: student loans for postsecondary education, requirements related to student loan servicers, creating an office of the student loan ombudsman in the Department of Financial Institutions, granting rule-making authority, and making an appropriation. (FE)

Sponsored By: Tim Carpenter (Democratic), Dora Drake (Democratic), Dianne Hesselbein (Democratic), Chris Larson (Democratic), Melissa Ratcliff (Democratic), Kelda Roys (Democratic), Jeff Smith (Democratic), Mark Spreitzer (Democratic)

Failed

Sen Bill 1041Financial InstitutionsDepartment ofOmbudsmanScholarships and loans

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsors

  • Tim Carpenter

    Democratic • Senate

  • Dora Drake

    Democratic • Senate

  • Dianne Hesselbein

    Democratic • Senate

  • Chris Larson

    Democratic • Senate

  • Melissa Ratcliff

    Democratic • Senate

  • Kelda Roys

    Democratic • Senate

  • Jeff Smith

    Democratic • Senate

  • Mark Spreitzer

    Democratic • Senate

Cosponsors

  • Clinton Anderson

    Democratic • House

  • Deb Andraca

    Democratic • House

  • Jill Billings

    Democratic • House

  • Brienne Brown

    Democratic • House

  • Ben DeSmidt

    Democratic • House

  • Jodi Emerson

    Democratic • House

  • Francesca Hong

    Democratic • House

  • Alex Joers

    Democratic • House

  • Darrin Madison

    Democratic • House

  • Maureen McCarville

    Democratic • House

  • Vincent Miresse

    Democratic • House

  • Supreme Moore Omokunde

    Democratic • House

  • Greta Neubauer

    Democratic • House

  • Lori Palmeri

    Democratic • House

  • Priscilla Prado

    Democratic • House

  • Amaad Rivera-Wagner

    Democratic • House

  • Ann Roe

    Democratic • House

  • Christine Sinicki

    Democratic • House

  • Angela Stroud

    Democratic • House

  • Lisa Subeck

    Democratic • House

  • Angelito Tenorio

    Democratic • House

  • Randy Udell

    Democratic • House

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. Failed to pass pursuant to Senate Joint Resolution 1

    3/23/2026Senate
  2. Representative Subeck added as a cosponsor

    3/4/2026Senate
  3. Fiscal estimate received

    2/26/2026Senate
  4. Read first time and referred to Committee on Financial Institutions and Sporting Heritage

    2/24/2026Senate
  5. Introduced by Senators Hesselbein, Smith, Drake, Carpenter, Larson, Ratcliff, Roys and Spreitzer; cosponsored by Representatives Joers, Stroud, Emerson, DeSmidt, Anderson, Andraca, Billings, Brown, Hong, Madison, McCarville, Miresse, Moore Omokunde, Neubauer, Palmeri, Prado, Rivera-Wagner, Roe, Sinicki, Tenorio and Udell

    2/24/2026Senate

Bill Text

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