138,72 Section 72. 177.1505 (4) of the statutes is amended to read:

177.1505 (4) The administrator shall waive the provisions of s. 177.1204 with respect to reporting periods covered by the agreement if an application for voluntary disclosure is received by the administrator between February 1, 2022, and February 28, 2023, and a voluntary disclosure agreement is executed within 180 days of receipt of the application by the administrator. The administrator may enter into an agreement with a holder to extend the date upon which the agreement must be executed and shall waive the provisions of s. 177.1204 with respect to reporting periods covered by an agreement executed under such extension. The administrator shall make efforts to provide information to interested parties regarding the voluntary disclosure period provided under this subsection.

138,73 Section 73. 565.27 (2) (b) 3. of the statutes is amended to read:

565.27 (2) (b) 3. The drawings shall be recorded on both videotape and audiotape documented with a video and audio recording.

138,74 Section 74. 565.28 (1) of the statutes is renumbered 565.28, and 565.28 (2) and (3), as renumbered, are amended to read:

565.28 (2) A person who chooses to make an election under par. (a) sub. (1) shall make the election no later than 60 days after becoming entitled to the lottery prize. An election made under par. (a) sub. (1) is final and may not be revoked.

(3) If a person eligible to make an election under par. (a) sub. (1) does not make an election within 60 days after becoming entitled to a lottery prize, the administrator shall make payment in the form of an annuity.

138,75 Section 75. 565.28 (2) of the statutes is repealed.

138,76 Section 76. Initial applicability.

(1) Unclaimed property; general provisions. The treatment of ss. 177.01 (7a), (7d) (c) 5., (13b) (c) 8., (14d) (c) 5., and (16) (e), 177.0202 (title) and (1) (intro.), 177.0210 (1) (intro.), and 177.0607 (3) (d) and (4) first applies to property reportable on November 7, 2021.

(2) Unclaimed property; waiver. The treatment of s. 177.1505 (4) first applies to applications received on the first day of the 3rd month beginning after publication, regardless of the years in which the property became abandoned and reportable.

138,77 Section 77. Effective dates. This act takes effect on the day after publication, except as follows:

(1) Tax incremental financing. The treatment of ss. 60.85 (2) (b) 7. and (c), (3) (h) 4. and 5. a. and c., and (5) (e) and 66.1105 (2) (f) 1. (intro.), m., and n. and (j), (4) (a), (e), and (h) 1., 2., and 4., (4e) (b) 1., (5) (bf), (bj), (c) 1., and (ce) 1., (6) (a) 5. and 9., (am) 2. c., d., e., and f., (d) 1m., (dm), and (e) 1. b. and e., (7) (ak) 2. and 3., (ar), and (at), (18) (c) 2., and (19) takes effect on the January 1 after publication.