LRB-1950/1
MGD:jld:pg
2003 - 2004 LEGISLATURE
September 30, 2003 - Introduced by Representatives Townsend, Hebl, Hahn,
Hines, Nass, Albers, Bies, Jeskewitz, Ott, Van Roy, Petrowski, J. Lehman and
Hundertmark, cosponsored by Senators Roessler and Lassa. Referred to
Committee on Insurance.
AB545,1,2
1An Act to amend 943.38 (3) (f) of the statutes;
relating to: falsifying title
2insurance documents and providing a penalty.
Analysis by the Legislative Reference Bureau
Under current law, no person may falsely make or alter a certified abstract of
title to real estate with the intent to defraud another. A person who violates this
prohibition may be fined not more than $10,000 or imprisoned in the county jail for
not more than nine months or both. This bill expands the scope of that prohibition
so that it covers falsifying a title insurance commitment, a title insurance policy, or
any other written evidence regarding the state of title to real estate.
Because this bill creates a new crime or revises a penalty for an existing crime,
the Joint Review Committee on Criminal Penalties may be requested to prepare a
report concerning the proposed penalty and the costs or savings that are likely to
result if the bill is enacted.
For further information see the state and local fiscal estimate, which will be
printed as an appendix to this bill.
The people of the state of Wisconsin, represented in senate and assembly, do
enact as follows:
AB545, s. 1
3Section
1. 943.38 (3) (f) of the statutes is amended to read:
AB545,2,3
1943.38
(3) (f) Falsely makes or alters a certified abstract of title to real estate
,
2a title insurance commitment, a title insurance policy, or any other written evidence
3regarding the state of title to real estate.
