Wisconsin Assembly Bill AB565

Wisconsin 2025-2026 Regular Session

• Introduced: 10/24/25
• Refer: 10/24/25
• Report Pass: 12/17/25
• Refer: 12/17/25
• Engrossed: 2/10/26
• Refer: 2/11/26
• Failed: 3/23/26

Caption

An Act to repeal 238.15 (1) (b), 238.15 (1) (m) 1. a. to c. and 238.15 (3) (dm); to renumber and amend 238.15 (1) (m) 1. (intro.); to amend 238.15 (1) (Lg); to create 238.15 (1) (Lj) of the statutes; Relating to: qualified new business venture eligibility. (FE)

Impact

The discussion surrounding AB565 suggests that its implementation could significantly influence existing regulations on business operations in the state. By modifying the eligibility criteria for new ventures, the bill is designed to promote diversity in business ownership and support underrepresented entrepreneurs. This opening of doors for more small businesses aligns with broader initiatives aimed at enhancing local economies and empowering communities through entrepreneurship.

Summary

AB565 focuses on establishing criteria for qualified new business ventures, aiming to stimulate economic growth through more inclusive eligibility requirements for state incentives. The bill seeks to attract investments by supporting startups and fostering a conducive environment for innovative businesses. Through its provisions, it encourages the development of new enterprises, thereby contributing to job creation and advancing the economic landscape of the state.

Contention

While AB565 has garnered support from various business advocacy groups, there are points of contention regarding its potential impact on state-funded business assistance programs. Critics express concerns that the bill could lead to unintended consequences, such as oversaturation of certain markets due to an influx of new businesses. Additionally, there are worries that the bill might divert critical resources away from established businesses, creating competitive imbalances in the market.