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Bill

AB 762

Relating to: creating a WisKids savings account program within the college savings program. (FE)

2025-2026 Regular Session Introduced by Clint Anderson and 14 co-sponsors

Wisconsin bill creating WisKids education savings account program within college savings infrastructure failed to advance in March 2026 legislative session.

Failed to pass pursuant to Senate Joint Resolution 1
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WeVote Research Nonpartisan
Bill Summary · AB 762

Legislative bill overview

AB 762 proposes creating a WisKids savings account program as a component of Wisconsin's existing college savings program. The bill would establish a dedicated savings mechanism for educational expenses, operating within the state's current college savings infrastructure. This represents an expansion of existing education savings options available to Wisconsin families.

Why is this important

Education savings accounts directly affect families' ability to afford college and reduce student loan burdens. By creating a specialized savings vehicle, the bill aims to make it easier for families to accumulate education funds tax-advantageously. The program's success or failure impacts educational access and financial planning options for Wisconsin residents.

Potential points of contention

  • Program design and administration costs: Questions likely arose about whether creating a separate WisKids program duplicates existing 529 plan structures or adds unnecessary administrative overhead
  • Eligibility and access equity: Debate may have centered on who qualifies for the program and whether it benefits all Wisconsin families equally or primarily middle-to-upper income households with savings capacity
  • State funding and incentives: Contention probably existed over whether the state would provide matching funds, tax credits, or other incentives to make the program attractive compared to alternatives

Compiled from official sources — confirm details with the bill’s official record.

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