Wisconsin · 2025-2026 Regular Session · Bill

SB 1041: 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)

Did not advance Last action March 23, 2026: Failed to pass pursuant to Senate Joint Resolution 1

Plain-language summary

SB 1041 is a bill introduced in the Wisconsin Senate on February 24, 2026. According to its official title, it concerns: 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). Primary sponsor: Dianne Hesselbein (Democratic), Jeff Smith (Democratic), Dora Drake (Democratic), Tim Carpenter (Democratic), Chris Larson (Democratic), Melissa Ratcliff (Democratic), Kelda Roys (Democratic), Mark Spreitzer (Democratic). It lists 21 additional sponsors. Most recent recorded action (March 23, 2026): Failed to pass pursuant to Senate Joint Resolution 1.

Sponsors

Primary sponsors: Dianne Hesselbein (Democratic); Jeff Smith (Democratic); Dora Drake (Democratic); Tim Carpenter (Democratic); and 4 more. 21 co-sponsors.