224.55(2)(c)(c) Agreement terms. An agreement under par. (a) may require the party contracting with the department, in addition to providing any other services, to do any of the following: 224.55(2)(c)1.1. Develop and implement an ABLE program in accordance with all requirements under section 529A of the Internal Revenue Code, and modify this ABLE program as necessary for participants in the ABLE program to qualify for the federal income tax benefits or treatment provided under section 529A of the Internal Revenue Code and rules adopted under section 529A. 224.55(2)(c)2.2. Engage the services of vendors on a contractual basis for rendering professional and technical assistance and advice in developing marketing plans and promotional materials to publicize the ABLE program. 224.55(2)(c)3.3. Work with organizations with expertise in supporting people with disabilities and their families in administering the agreement and ensuring accessibility of the ABLE program for people with disabilities. 224.55(2)(c)4.4. Take any other action necessary to implement and administer the ABLE program. 224.55(2)(d)(d) Information about ABLE accounts. The department shall include on its website information concerning ABLE accounts, including current information on each state that offers ABLE accounts, information on how residents of this state may participate in those ABLE accounts, and links to resources to provide information about ABLE accounts in those states. The department shall also provide such information in written materials it prepares about ABLE accounts. The department shall provide a link, on its website, to the website of the department of agriculture, trade and consumer protection to facilitate the filing of complaints related to ABLE accounts. 224.55(3)(3) Confidentiality. The department shall keep confidential any personal and financial information maintained by the department relating to an ABLE account. 224.55(4)(a)(a) All expenses incurred by the department under this section shall be paid from the appropriation under s. 20.144 (1) (g). 224.55(4)(b)(b) The department may promulgate rules to implement and administer this section. 224.55 HistoryHistory: 2023 a. 267. MORTGAGE BANKERS, LOAN ORIGINATORS
AND MORTGAGE BROKERS
224.71224.71 Definitions. In this subchapter: 224.71(1bm)(1bm) “Another state” means any state of the United States other than Wisconsin; the District of Columbia; any territory of the United States; Puerto Rico; Guam; American Samoa; the Trust Territory of the Pacific Islands; the Virgin Islands; or the Northern Mariana Islands. 224.71(1br)(1br) “Bona fide nonprofit organization” means an organization that is described in section 501 (c) (3) of the Internal Revenue Code and exempt from federal income tax under section 501 (a) of the Internal Revenue Code, that is certified by the federal department of housing and urban development or the Wisconsin Housing and Economic Development Authority, and that does all of the following: 224.71(1br)(a)(a) Promotes affordable housing or provides home ownership education or similar services. 224.71(1br)(b)(b) Conducts its activities in a manner that serves public or charitable purposes. 224.71(1br)(c)(c) Receives funding and revenue and charges fees in a manner that does not create an incentive for itself or its employees to act other than in the best interests of its clients. 224.71(1br)(d)(d) Compensates its employees in a manner that does not create an incentive for its employees to act other than in the best interests of its clients. 224.71(1br)(e)(e) Provides to, or identifies for, the borrower residential mortgage loans with terms favorable to the borrower and comparable to residential mortgage loans and housing assistance provided under government housing assistance programs. 224.71(1c)(1c) “Branch office” means an office or place of business, other than the principal office, located in this state or another state, where a mortgage loan originator, mortgage banker, or mortgage broker engages in the mortgage loan business subject to this subchapter. 224.71(1dm)(1dm) “Depository institution” has the meaning given in 12 USC 1813 (c) (1), but also includes any state or federal credit union. 224.71(1e)(1e) “Division” means the division of banking. 224.71(1g)(1g) “Employee” means an individual whose manner and means of performance of work are subject to the right of control of, or are controlled by, a person, and whose compensation for federal income tax purposes is reported, or required to be reported, on a W-2 form issued by the controlling person. 224.71(1gh)(a)(a) Except as provided in par. (b), “expungement” means to have stricken or obliterated from a record of criminal conviction all references to the defendant’s name and identity. 224.71(1gh)(b)(b) For a criminal conviction entered in another state, “expungement” has the meaning given under the laws of the state where the criminal conviction is entered.