SB756,67,22 (2) (a) Except as otherwise provided in s. 177.1402 (1), the administrator shall include on the administrator's Internet site or in the database required by s. 177.0503 the name of each apparent owner of property held by the administrator.

SB756,68,2 (b) The administrator may include on the administrator's Internet site or in the database additional information concerning the apparent owner's property, if the administrator believes that the information will assist in identifying and returning property to the owner and if the information does not disclose personal information, except the apparent owner's name and residential address.

SB756,68,5 (c) The administrator may include the information described in par. (b) in published notices, printed publications, telecommunications, or other media or on the Internet.

SB756,68,8 (3) The administrator and the administrator's agent may not use confidential information provided to them or in their possession except as expressly authorized by this chapter or by other law.

SB756,149 Section 149. 177.15 of the statutes is repealed.

SB756,150 Section 150 . Subchapter XV (title) of chapter 177 [precedes 177.1501] of the statutes is created to read:

SB756,68,12 CHAPTER 177

SB756,68,13 SUBCHAPTER XV

SB756,68,14 miscellaneous provisions

SB756,151 Section 151. 177.1505 of the statutes is created to read:

SB756,68,17 177.1505 Voluntary disclosure. (1) The administrator may enter into voluntary disclosure agreements with holders if the following conditions are met:

SB756,68,20 (a) The holder failed to file a report required under this chapter or the holder filed a report under this chapter and failed to include on the report all property subject to reporting.

SB756,68,22 (b) The administrator is not conducting an examination or investigation of the holder, as provided under s. 177.1002.

SB756,68,24 (c) The holder has not received a notification from the administrator of an impending examination under s. 177.1002.

SB756,68,25 (d) The holder has not been notified of an assessment under subch. X or XI.

SB756,69,2 (e) The holder is not currently the subject of a civil or a criminal prosecution involving compliance with this chapter.

SB756,69,6 (f) The holder agrees to report and deliver any property that was abandoned during any year to which the agreement applies within 60 days of execution of the agreement. The holder must make a reasonable effort in good faith to calculate, report, and deliver such property.

SB756,69,8 (g) The holder agrees to perform duties described in s. 177.0501 within 30 days of execution of the agreement, unless the agreement provides otherwise.

SB756,69,9 (h) The holder agrees to prospective compliance with this chapter.

SB756,69,11 (i) The holder agrees to waive appeal rights under this chapter for periods under the agreement.

SB756,69,12 (2) For purposes of this section:

SB756,69,14 (a) The filing date is the date that the holder's application for voluntary compliance is received by the administrator.

SB756,69,16 (b) The agreement is executed when signed by the holder and the administrator.

SB756,69,18 (c) The administrator may extend the time during which the holder is to comply with sub. (1) (f).

SB756,69,21 (d) A holder who enters into an agreement with the administrator and upon compliance with the terms in the agreement shall be relieved of any further liability with respect to the property reported by the holder under the agreement.

SB756,69,24 (e) A holder who enters into an agreement with the administrator shall maintain records with regard to property covered under the agreement in accordance with s. 177.0404.

SB756,70,2 (f) The agreement shall apply to the 5 reporting periods immediately preceding the filing date of the holder's application.

SB756,70,9 (g) The administrator shall waive rights to an examination of records under s. 177.1001 with respect to the reporting periods in par. (f), and all earlier periods, except for the purpose of the administrator making determinations with respect to sub. (3) (a) and (b). Unless an agreement is null and void as provided in sub. (3), the administrator shall not have any cause of action against the holder resulting from failure of the holder to report any property abandoned during the reporting periods to which par. (f) applies or to any earlier periods.

SB756,70,13 (3) The administrator may declare an executed agreement null and void. In the case of an agreement that is null and void, the holder remains subject to all other provisions of this chapter. The administrator may declare an executed agreement null and void if at least one of the following applies: