The people of the state of Wisconsin, represented in senate and assembly, do
enact as follows:
AB325,1 3Section 1. 20.437 (2) (qm) of the statutes is amended to read:
AB325,3,94 20.437 (2) (qm) Child support state operations and reimbursement for claims
5and expenses; unclaimed payments.
From the support collections trust fund, a sum
6sufficient equal to the amounts credited under s. 20.912 (1) to the support collections
7trust fund and the amounts not distributable under par. (r) for administering the
8program under s. 49.22 and all other purposes specified in s. 49.22 and for
9reimbursing the secretary department of revenue under s. 177.265 177.0503 (2n) (b).
AB325,2 10Section 2. 20.566 (4) (a) of the statutes is amended to read:
AB325,4,4
120.566 (4) (a) Unclaimed property; contingency appropriation. A sum sufficient
2to pay claims under ss. 177.24 to 177.26 subch. IX of ch. 177 and 863.39 (3). Money
3may be paid under this paragraph only if sufficient funds are not available under par.
4(j).
AB325,3 5Section 3. 20.566 (4) (j) of the statutes is amended to read:
AB325,4,106 20.566 (4) (j) Unclaimed property; claims. All moneys received under ss. 177.23
7(2)
177.0801, 852.01 (3), 863.37 (2), and 863.39 to pay claims under ss. 177.24 to
8177.26
subch. IX of ch. 177 and 863.39 (3), to transfer the amounts appropriated
9under par. (k), and for promotional activities for the unclaimed property program
10under s. 20.585 (1) (k) as specified in s. 14.58 (4).
AB325,4 11Section 4. 62.63 (5) of the statutes is amended to read:
AB325,4,2112 62.63 (5) Treatment of abandoned retirement accounts. Funds in employee
13retirement accounts of a retirement system of a 1st class city, which are presumed
14abandoned under s. 177.13 subch. II of ch. 177, are not subject to the custody of the
15state as unclaimed property under ch. 177, but shall be retained by the retirement
16system and used to reduce employer funding obligations to the retirement system.
17The board of a retirement system of a 1st class city shall devise rules and regulations
18for determining the conditions under which employee retirement accounts are
19presumed abandoned and for determining the manner in which funds in the
20abandoned employee retirement accounts may be used to reduce employer funding
21obligations to the retirement system.
AB325,5 22Section 5. 71.93 (1) (d) 2. of the statutes is amended to read:
AB325,4,2523 71.93 (1) (d) 2. The amount owed to a debtor under s. 177.24 (3) 177.0905 for
24the return of abandoned property under s. 177.24 subch. IX of ch. 177 which exceeds
25a debtor's Wisconsin tax liability or any other liability owed to the department.
AB325,6
1Section 6. 71.93 (3) (a) (intro.) of the statutes is amended to read:
AB325,5,82 71.93 (3) (a) (intro.) The department of revenue shall setoff any debt or other
3amount owed to the department, regardless of the origin of the debt or of the amount,
4its nature or its date. The department's setoff shall include the use of unclaimed
5property owed to the debtor under s. 177.24 177.0505, 177.0605 (12), 177.0905 (2),
6or 177.0906 (2)
. If after the setoff there remains a refund in excess of $10, the
7department shall set off the remaining refund against certified debts of other entities
8in the following order:
AB325,7 9Section 7. 73.01 (4) (a) of the statutes is amended to read:
AB325,6,310 73.01 (4) (a) Subject to the provisions for judicial review contained in s. 73.015,
11the commission shall be the final authority for the hearing and determination of all
12questions of law and fact arising under sub. (5) and s. 72.86 (4), 1985 stats., and ss.
1370.38 (4) (a), 70.397, 70.64, and 70.995 (8), s. 76.38 (12) (a), 1993 stats., ss. 76.39 (4)
14(c), 76.48 (6), 77.26 (3), 77.59 (5m) and (6) (b), 78.01, 78.22, 78.40, 78.555, 139.02,
15139.03, 139.06, 139.31, 139.315, 139.33, 139.76, 139.78, 177.1103, 177.1206 (3),
16341.405, and 341.45, subch. XIV of ch. 71, and subch. VII of ch. 77. Whenever with
17respect to a pending appeal there is filed with the commission a stipulation signed
18by the department of revenue and the adverse party, under s. 73.03 (25), or the
19department of transportation and the adverse party agreeing to an affirmance,
20modification, or reversal of the department of revenue's or department of
21transportation's position with respect to some or all of the issues raised in the appeal,
22the commission shall enter an order affirming or modifying in whole or in part, or
23canceling the assessment appealed from, or allowing in whole or in part or denying
24the petitioner's refund claim, as the case may be, pursuant to and in accordance with
25the stipulation filed. No responsibility shall devolve upon the commission,

1respecting the signing of an order of dismissal as to any pending appeal settled by
2the department of revenue or the department of transportation without the approval
3of the commission.
AB325,8 4Section 8. 73.03 (75) of the statutes is created to read:
AB325,6,255 73.03 (75) To submit a report to the joint committee on finance no later than
66 months after the end of each fiscal year, beginning with the 2021-22 fiscal year and
7ending with the 2025-26 fiscal year, that contains information on the use of contract
8auditors in the unclaimed property program under ch. 177, including auditor
9performance results and comments and concerns from those audited regarding the
10contract auditors. The department shall survey those audited by contract auditors
11to receive comments and concerns. Before allowing any person to engage in an audit
12of another person's documents or records, the administrator shall post the contract
13or other agreement with the person on the department's Internet site. The contract
14or other agreement shall remain posted on the department's Internet site until the
15contract or other agreement is no longer in effect, is no longer valid, or is superseded
16or otherwise rescinded. The person may take no action to engage in the audit until
17the administrator certifies that the person will proceed, even if domiciled in another
18state, in accordance with Wisconsin statutes and department rules and guidance
19documents and the administrator concludes there is a reasonable justification for
20using the person to engage in the audit. The administrator shall actively monitor
21the person to ensure that the person, even if domiciled in another state, is acting in
22accordance with such statutes, rules, and guidance documents and shall
23immediately take corrective action, including rescinding the contract, if the
24administrator reasonably concludes the person is not acting in accordance with such
25statutes, rules, and guidance documents.
AB325,9
1Section 9. Subchapter I (title) of chapter 177 [precedes 177.001] of the statutes
2is created to read:
AB325,7,33 CHAPTER 177
AB325,7,44 SUBCHAPTER i
AB325,7,55 general provisions
AB325,10 6Section 10. 177.001 of the statutes is created to read:
AB325,7,8 7177.001 Short title. This chapter may be cited as the “Revised Uniform
8Unclaimed Property Act.”
AB325,11 9Section 11. 177.01 (1) of the statutes is amended to read:
AB325,7,1010 177.01 (1) “Administrator" means the secretary department of revenue.
AB325,12 11Section 12. 177.01 (1d) of the statutes is created to read:
AB325,7,1512 177.01 (1d) “Administrator's agent” means a person that the administrator
13contracts with to conduct an examination under subch. X on the administrator's
14behalf, including an independent contractor of such person and each individual
15participating in the examination on behalf of the person or contractor.
AB325,13 16Section 13. 177.01 (2) of the statutes is amended to read:
AB325,7,1917 177.01 (2) “Apparent owner" means the a person whose name appears on the
18records of the holder as the person entitled to owner of property held, issued, or owing
19by the holder.