Assembly Bill 788 seeks to ratify a collective bargaining agreement negotiated for the 2025-26 fiscal year between the University of Wisconsin-Madison and the Wisconsin State Building Trades Negotiating Committee. This agreement pertains to employees within the building trades crafts collective bargaining unit and is authorized under the State Employment Labor Relations Act. The bill allows for the expenditure of funds from statutory program supplement appropriations to cover costs that exceed budgeted amounts for this agreement.

The bill includes a provision that mandates the University of Wisconsin-Madison to file an official copy of the ratified agreement with the secretary of state, certified by the co-chairpersons of the joint committee on employment relations. It also clarifies that any agreements not included in the official copy are not considered approved by the legislature. The act will take effect the day after publication, with specific provisions in the agreement having their own designated effective dates.