---
type: "Bill"
title: "Relating to: best interest in annuity transactions."
description: "Relating to: best interest in annuity transactions."
jurisdiction: "us/states/wi"
legislature: "Wisconsin Legislature"
session: "2021"
identifier: "SB 644"
citation: "Wisconsin SB 644 (2021)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Ballweg", "Feyen", "Stafsholt"]
version_count: 1
action_count: 27
vote_count: 1
first_action: "2021-10-20T05:00:00+00:00"
last_action: "2022-04-15T05:00:00+00:00"
source: "openstates"
source_identifier: "ocd-bill/0ff16d2c-4834-46de-a24f-cdbc92147d0e"
source_url: "https://docs.legis.wisconsin.gov/2021/proposals/reg/sen/bill/sb644"
source_hash: "1e6824a7f75ad802a9f5504a7a6eb01d3d34b5cc8a42dc6e20b2317b99ead114"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-wi"]
---

# Wisconsin SB 644 (2021) — Relating to: best interest in annuity transactions.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Bill Text** (committee substitute) — [source](https://docs.legis.wisconsin.gov/document/proposaltext/2021/REG/SB644)

## Votes

- Report passage recommended by Committee on Insurance, Licensing and Forestry, Ayes 5, Noes 0 — **5–0** (pass) · upper

## Sponsors

- Ballweg — primary (person)
- Feyen — primary (person)
- Stafsholt — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2021-10-20T05:00:00+00:00** Introduced by Senators Stafsholt, Feyen and Ballweg; cosponsored by Representatives Petersen, Magnafici, Dittrich, Doyle, Allen and Petryk `introduction`
- **2021-10-20T05:00:00+00:00** Read first time and referred to Committee on Insurance, Licensing and Forestry `reading-1, referral-committee`
- **2022-01-12T06:00:00+00:00** Public hearing held
- **2022-01-12T06:00:00+00:00** Senator L. Taylor added as a coauthor
- **2022-01-18T06:00:00+00:00** Executive action taken
- **2022-01-18T06:00:00+00:00** Report passage recommended by Committee on Insurance, Licensing and Forestry, Ayes 5, Noes 0 `committee-passage-favorable`
- **2022-01-18T06:00:00+00:00** Available for scheduling
- **2022-01-21T06:00:00+00:00** Placed on calendar 1-25-2022 pursuant to Senate Rule 18(1)
- **2022-01-25T06:00:00+00:00** Read a second time `reading-2`
- **2022-01-25T06:00:00+00:00** Ordered to a third reading `reading-3`
- **2022-01-25T06:00:00+00:00** Rules suspended
- **2022-01-25T06:00:00+00:00** Read a third time and passed `passage, reading-3`
- **2022-01-25T06:00:00+00:00** Ordered immediately messaged
- **2022-01-25T06:00:00+00:00** Received from Senate `receipt`
- **2022-02-17T06:00:00+00:00** Read first time and referred to committee on Rules `referral-committee`
- **2022-02-22T06:00:00+00:00** Made a special order of business at 9:48 AM on 2-23-2022 pursuant to Assembly Resolution 29
- **2022-02-23T06:00:00+00:00** Read a second time `reading-2`
- **2022-02-23T06:00:00+00:00** Ordered to a third reading `reading-3`
- **2022-02-23T06:00:00+00:00** Rules suspended
- **2022-02-23T06:00:00+00:00** Read a third time and concurred in `passage, reading-3`
- **2022-02-23T06:00:00+00:00** Ordered immediately messaged
- **2022-02-23T06:00:00+00:00** Received from Assembly concurred in `receipt`
- **2022-03-02T06:00:00+00:00** LRB correction
- **2022-03-02T06:00:00+00:00** Report correctly enrolled `enrolled`
- **2022-04-14T05:00:00+00:00** Presented to the Governor on 4-14-2022 `executive-receipt`
- **2022-04-15T05:00:00+00:00** Report approved by the Governor on 4-15-2022. 2021 Wisconsin Act 260 `executive-signature`
- **2022-04-15T05:00:00+00:00** Published 4-16-2022 `became-law`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/0ff16d2c-4834-46de-a24f-cdbc92147d0e`. Confidence: reported (aggregated from official Wisconsin legislature records).