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LRBa1305/1
MED:amn&wlj
2023 - 2024 LEGISLATURE
SENATE AMENDMENT 1,
TO SENATE BILL 870
February 20, 2024 - Offered by Senator Jagler.
SB870-SA1,1,11 At the locations indicated, amend the bill as follows:
SB870-SA1,1,3 21. Page 3, line 1: delete the material beginning with that line and ending with
3page 4, line 11.
SB870-SA1,1,5 42. Page 4, line 14: delete the material beginning with that line and ending with
5line 23 and substitute:
SB870-SA1,1,9 6“452.14 (2) (b) The board shall notify a firm in writing as to all disciplinary
7orders issued against a licensee associated with the firm. The notice shall be sent
8to the firm at the email address of the individual broker acting as a sole proprietor
9or the email address for the licensed business entity.”.
SB870-SA1,1,10 103. Page 5, line 1: delete lines 1 to 8 and substitute:
SB870-SA1,1,11 11 Section 8m. 452.14 (4m) (a) of the statutes is amended to read:
SB870-SA1,1,1312 452.14 (4m) (a) Assess against a licensee a forfeiture of not more than $1,000
13$5,000 for each violation enumerated under sub. (3).”.
SB870-SA1,2,1
14. Page 6, line 9: delete lines 9 to 20.
SB870-SA1,2,3 25. Page 7, line 6: after “inaccurate" insert “, unless the licensee knew the
3information was inaccurate at the time the licensee provided the information".
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