Wisconsin lawmakers recently approved a new law that will eliminate the state's 48-hour waiting period to purchase a handgun, which has been in place since 1976. Reports indicate that Governor Scott Walker (R) is expected to sign the bill without hesitation.
From the Sun Times:
The legislature also approved a measure to allow off-duty and retired law enforcement officials to carry guns on school property. Both bills have been sent to Walker, and his office said he’ll sign the bill repealing the 48-hour waiting period, but his reserving judgment on the school-carry bill until he can fully evaluate it. [...] “This important measure marks the end of an antiquated law that’s served as nothing but a needless burden on law-abiding gun owners in the Badger state,” said Chris W. Cox, executive director of the NRA’s Institute for Legislative Action. “We applaud the state legislature for making the preservation of Second Amendment rights a priority.”
Opponents of the bill stress that the two-day "cooling off" period is important because it can prevent crimes of passion, using heated domestic disputes as an example.