AB325,38,2221 (a) Identify the nature and, except for property that does not have a fixed value,
22the value of the property that is the subject of the notice.

AB325,38,2323 (b) State that the property will be turned over to the administrator.

AB325,38,2524 (c) State that after the property is turned over to the administrator an apparent
25owner that seeks return of the property shall file a claim with the administrator.

1(d) State that property may be sold by the administrator.

AB325,39,32 (e) Provide instructions that the apparent owner shall follow to prevent the
3holder from reporting and paying or delivering the property to the administrator.

AB325,39,55 177.0503 (1b) A notice under sub. (1) shall contain all of the following:

AB325,39,86 (a) The names in alphabetical order and the last-known addresses, if any, of
7persons listed in the report and entitled to notice within the county, as specified in
8sub. (1).

AB325,39,119 (b) A statement that information concerning the property and the name and
10last-known address of the holder may be obtained by any person possessing an
11interest in the property by addressing an inquiry to the administrator.

AB325,39,1513 177.0503 (1d) The administrator is not required to publish notice of any item
14with a value of less than $50 unless the administrator determines the publication to
15be in the public interest.

AB325,39,1917 177.0503 (2n) (a) The administrator may publish, on behalf of the department
18of children and families, the name and address of an apparent owner of uncashed
19child support payments.

AB325,39,2220 (b) At least quarterly, the department of children and families shall reimburse
21the administrator, based on information provided by the administrator, for any
22administrative expenses incurred under par. (a).

AB325,40,6 24177.0504 Cooperation among state officers and agencies to locate
25apparent owners. Unless otherwise prohibited by law, at the request of the

1administrator, each officer, agency, board, commission, division, or department of
2this state, any body politic or corporate created by this state for a public purpose, and
3each political subdivision of this state shall make its books and records available to
4the administrator and cooperate with the administrator to determine the current
5address of an apparent owner of property held by the administrator under this
6chapter.

AB325,40,10 8177.0505 Tax return identification of apparent owners. (1) Annually,
9before July 1, the administrator shall determine if either of the following applies to
10any apparent owner of abandoned property under s. 177.0503:

AB325,40,1211 (a) The apparent owner has filed a tax return in the 14 months preceding the
12determination.

AB325,40,1313 (b) The apparent owner is a debtor under s. 71.93 or 71.935.

AB325,40,15 14(2) For any person who is identified in sub. (1) and who is not a debtor under
15sub (1) (b), the administrator shall do the following:

AB325,40,1816 (a) Deliver the property to the apparent owner, in the manner provided under
17s. 177.0903, without requiring the apparent owner to file a claim under s. 177.0903,
18if the value of the abandoned property is $2,000 or less.

AB325,40,2219 (b) Send written notice to the person, informing the person that he or she is the
20owner of abandoned property held by the state and may file a claim with the
21administrator for return of the property under s. 177.0903, if the value of the
22abandoned property is over $2,000.

AB325,41,2 23(3) For any person who is identified in sub. (1) and who is a debtor under sub.
24(1) (b), the administrator shall setoff the abandoned property against the person's

1debts under s. 71.93 or 71.935. If there is any remaining property after setoff, the
2administrator shall proceed under sub. (2) (a) or (b).

AB325,41,4 3(4) Any property paid or delivered to a person under this section is subject to
4recovery by the administrator as provided in s. 177.1206 and this chapter.