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---
type: "Bill"
title: "Relating to: various changes to insurance laws, including issuance of funding agreements, granting rule-making authority, and providing a penalty."
description: "Relating to: various changes to insurance laws, including issuance of funding agreements, granting rule-making authority, and providing a penalty."
jurisdiction: "us/states/wi"
legislature: "Wisconsin Legislature"
session: "2021"
identifier: "SB 588"
citation: "Wisconsin SB 588 (2021)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Felzkowski"]
version_count: 2
action_count: 31
vote_count: 2
first_action: "2021-09-24T05:00:00+00:00"
last_action: "2021-12-06T06:00:00+00:00"
source: "openstates"
source_identifier: "ocd-bill/9c4328bc-f235-4f27-8549-ac19ef07ded0"
source_url: "https://docs.legis.wisconsin.gov/2021/proposals/reg/sen/bill/sb588"
source_hash: "cc2c4200c923d703c09dfee32d7594e41d7d018dc3a711b39ab4a93f07e8faa5"
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 588 (2021) — Relating to: various changes to insurance laws, including issuance of funding agreements, granting rule-making authority, and providing a penalty.
## 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/SB588)
2. **Senate Amendment 1** (committee substitute) — [source](https://docs.legis.wisconsin.gov/document/amends/2021/REG/SB588-SA1)
## Votes
- Report adoption of Senate Amendment 1 recommended by Committee on Insurance, Licensing and Forestry, Ayes 5, Noes 0 — **50** (pass) · upper
- Report passage as amended recommended by Committee on Insurance, Licensing and Forestry, Ayes 5, Noes 0 — **50** (pass) · upper
## Sponsors
- Felzkowski — primary (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2021-09-24T05:00:00+00:00** Introduced by Senator Felzkowski; cosponsored by Representative Petersen `introduction`
- **2021-09-24T05:00:00+00:00** Read first time and referred to Committee on Insurance, Licensing and Forestry `reading-1, referral-committee`
- **2021-09-29T05:00:00+00:00** Public hearing held
- **2021-10-21T05:00:00+00:00** Senate Amendment 1 offered by Senator Felzkowski
- **2021-10-27T05:00:00+00:00** Representative Doyle added as a cosponsor
- **2021-10-27T05:00:00+00:00** Executive action taken
- **2021-10-27T05:00:00+00:00** Report adoption of Senate Amendment 1 recommended by Committee on Insurance, Licensing and Forestry, Ayes 5, Noes 0 `amendment-passage`
- **2021-10-27T05:00:00+00:00** Report passage as amended recommended by Committee on Insurance, Licensing and Forestry, Ayes 5, Noes 0 `committee-passage-favorable`
- **2021-10-27T05:00:00+00:00** Available for scheduling
- **2021-11-05T05:00:00+00:00** Placed on calendar 11-8-2021 pursuant to Senate Rule 18(1)
- **2021-11-08T06:00:00+00:00** Read a second time `reading-2`
- **2021-11-08T06:00:00+00:00** Senate Amendment 1 adopted `amendment-passage`
- **2021-11-08T06:00:00+00:00** Ordered to a third reading `reading-3`
- **2021-11-08T06:00:00+00:00** Rules suspended
- **2021-11-08T06:00:00+00:00** Read a third time and passed `passage, reading-3`
- **2021-11-08T06:00:00+00:00** Ordered immediately messaged
- **2021-11-08T06:00:00+00:00** Received from Senate `receipt`
- **2021-11-09T06:00:00+00:00** Read first time and referred to committee on Rules `referral-committee`
- **2021-11-09T06:00:00+00:00** Placed on calendar 11-11-2021 by Committee on Rules
- **2021-11-11T06:00:00+00:00** Rules suspended to withdraw from calendar and take up `withdrawal`
- **2021-11-11T06:00:00+00:00** Read a second time `reading-2`
- **2021-11-11T06:00:00+00:00** Ordered to a third reading `reading-3`
- **2021-11-11T06:00:00+00:00** Rules suspended
- **2021-11-11T06:00:00+00:00** Read a third time and concurred in `passage, reading-3`
- **2021-11-11T06:00:00+00:00** Ordered immediately messaged
- **2021-11-12T06:00:00+00:00** Received from Assembly concurred in `receipt`
- **2021-11-15T06:00:00+00:00** LRB correction
- **2021-11-15T06:00:00+00:00** Report correctly enrolled `enrolled`
- **2021-12-02T06:00:00+00:00** Presented to the Governor on 12-2-2021 `executive-receipt`
- **2021-12-06T06:00:00+00:00** Report approved by the Governor on 12-3-2021. 2021 Wisconsin Act 114 `executive-signature`
- **2021-12-06T06:00:00+00:00** Published 12-4-2021 `became-law`
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/9c4328bc-f235-4f27-8549-ac19ef07ded0`. Confidence: reported (aggregated from official Wisconsin legislature records).