AB778,138
21Section
138. 202.23 (2) of the statutes is amended to read:
AB778,42,1822
202.23
(2) Alternative commitment. A bond
, certificate of deposit, escrow
23account, or irrevocable letter of credit in an amount that is not less than $100,000
24or, if the financial statement submitted to the department under s. 202.22 (2) (f) 1.,
25(4), or (6) indicates
a deficit in negative working capital, a bond
, certificate of deposit,
1escrow account, or irrevocable letter of credit in an amount that is not less than
2$100,000 plus an amount that is sufficient to cover that
deficit negative amount. The
3commitment described in this subsection bond shall be in a form approved by the
4department
, shall be held in a depository designated by the department, and shall
5secure the payment by the professional employer organization or professional
6employer group of any wages, salaries, employee benefits, worker's compensation
7insurance premiums, payroll taxes, unemployment insurance contributions, or
8other amounts that are payable to or with respect to an employee performing services
9for a client if the professional employer organization or professional employer group
10does not make those payments when due. The
commitment
bond shall be established
11in favor of
or be made payable to the department, for the benefit of the state and any
12employee to whom or with respect to whom the professional employer organization
13or professional employer group does not make a payment described in this subsection
14when due. The professional employer organization or professional employer group
15shall file with the department any agreement, instrument, or other document that
16is necessary to enforce the commitment against the professional employer
17organization or professional employer group, or against any relevant 3rd party, or
18both.
AB778,139
19Section
139. 202.26 (intro.) and (2) of the statutes are consolidated,
20renumbered 202.26 and amended to read:
AB778,42,25
21202.26 Rules. (intro.) The rules the department promulgates under s.
202.095 22202.07 (4m) that implement this subchapter
shall may include rules providing for
all
23of the following: (2) Reasonable reasonable fees for any service provided under this
24chapter that do not exceed an amount that is necessary to cover the cost of providing
25that service.
AB778,140
1Section
140. 202.26 (1) and (3) of the statutes are repealed.
AB778,141
2Section
141. 227.01 (13) (yx) of the statutes is created to read:
AB778,43,53
227.01
(13) (yx) Relates to adjustments under s. 202.12 (8), exemptions under
4s. 202.12 (6m) (e), or the alternative registration of professional employer
5organizations under s. 202.22 (7) (b).
AB778,142
6Section
142. DFI-Bkg 60.01 of the administrative code is amended to read:
AB778,43,87
DFI-Bkg 60.01
Authority. This chapter is adopted pursuant to
ss. 202.12 (3)
8(am), 202.12 (8), 202.155 (4), and 227.11 (2) s. 202.07 (4m), Stats.
AB778,143
9Section
143. DFI-Bkg 60.02 (3) of the administrative code is repealed.
AB778,144
10Section
144. DFI-Bkg 60.03 (intro.) and (1) of the administrative code are
11repealed.
AB778,145
12Section
145. DFI-Bkg 60.03 (2) (title) of the administrative code is
13renumbered DFI-Bkg 60.03 (title).
AB778,146
14Section
146. DFI-Bkg 60.03 (2) of the administrative code is amended to read:
AB778,44,315
DFI-Bkg 60.03
(2) A registered charitable organization
which desires that
16operates solely within one community and that received less than $50,000 in
17contributions during its most recently completed fiscal year may apply to the
18department to be exempted from the solicitation disclosure requirements of
s.
19202.155 (1) and (2), Stats., may apply for the exemption by filing the affidavit
20prescribed by s. DFI-Bkg 60.04 s. 202.12 (6m) (b), Stats. The application shall be
21made on forms and in the manner prescribed by the department. A registered
22charitable organization which has applied for the exemption may not conduct
23solicitations without making the disclosures required under s.
202.155 (1) and (2) 24202.12 (6m), Stats., until the registered charitable organization has received written
25notice from the department that the department has granted the exemption.
A
1registered charitable organization may qualify for the exemption from solicitation
2disclosures regardless of whether it uses a professional fund-raiser or an unpaid
3solicitor for the solicitation of contributions to the registered charitable organization.
AB778,147
4Section
147. DFI-Bkg 60.03 (3) of the administrative code is created to read:
AB778,44,95
DFI-Bkg 60.03
(3) If a registered charitable organization obtains an
6exemption under sub. (2), a professional fund-raiser who solicits contributions on
7behalf of the registered charitable organization is exempt from the solicitation
8disclosure requirements in s. 202.14 (11) (c), Stats., when soliciting contributions on
9behalf of the registered charitable organization.
AB778,148
10Section
148. DFI-Bkg 60.04 of the administrative code is repealed.
AB778,149
11Section
149. DFI-Bkg 60.05 of the administrative code is repealed.
AB778,150
12Section
150. DFI-Bkg 60.06 (title) and (1) of the administrative code are
13repealed.
AB778,151
14Section
151. DFI-Bkg 60.06 (note) of the administrative code is repealed.
AB778,152
15Section
152. DFI-Bkg 60.06 (2) (title) of the administrative code is
16renumbered DFI-Bkg 60.06 (title).
AB778,153
17Section
153. DFI-Bkg 60.06 (2) of the administrative code is amended to read:
AB778,44,2318
DFI-Bkg 60.06
(2) A central organization may file a single application for
19charitable organization registration of the central organization and all of its
20affiliated subunits, provided that the central organization has complete and direct
21control over the solicitation activities of all subunits, receives all contributions for its
22use or future distribution to the subunits and is accountable for all receipts and
23disbursements relating to the solicited contributions.
AB778,154
24Section
154. DFI-Bkg 60.07 of the administrative code is repealed.
AB778,155
1Section
155. DFI-Bkg 60.075 (2) (c) of the administrative code is amended to
2read:
AB778,45,43
DFI-Bkg 60.075
(2) (c) The contents of the mailing do not include the name
or
4contact information of the professional fund-raiser or the fund-raising counsel.
AB778,156
5Section
156. DFI-Bkg 60.08 (title) of the administrative code is amended to
6read:
AB778,45,7
7DFI-Bkg 60.08 (title)
Annual financial reports.
AB778,157
8Section
157. DFI-Bkg 60.08 (1) of the administrative code is amended to read:
AB778,45,129
DFI-Bkg 60.08
(1) Only charitable organizations which are registered or are
10required to be registered with the department are required to file an annual report
11or an affidavit in lieu of an annual report with the department under s. 202.12 (3),
12Stats.
AB778,158
13Section
158. DFI-Bkg 60.08 (2) of the administrative code is repealed.
AB778,159
14Section
159. DFI-Bkg 60.08 (3) and (note) of the administrative code are
15amended to read:
AB778,45,2416
DFI-Bkg 60.08
(3) An annual
financial report submitted to the department
17pursuant to s. 202.12 (3),
202.13 (2m), or 202.14 (2m), Stats.,
by a charitable
18organization which is registered or required to be registered shall be complete,
19accurate and truthful. It shall include all schedules and attachments required by the
20form prepared by the department
pursuant to s. 202.12 (3) (a), Stats., or prepared by
21another person pursuant to s. 202.12 (4), Stats. A charitable organization which files
22with the department financial information which it has filed with another state or
23the federal government shall complete a supplemental form prepared by the
24department which requires additional information to comply with sub. (2).
AB778,46,4
1Note: The annual Annual report
form and the supplemental form forms may
2be obtained
upon request from
the current Internet site of the Department of
3Financial Institutions
, Division of Banking, 201 West Washington Avenue, P.O. Box
47876, Madison, Wisconsin 53707-7876.
AB778,160
5Section
160. DFI-Bkg 60.08 (3m) of the administrative code is repealed.
AB778,161
6Section
161. DFI-Bkg 60.08 (4) of the administrative code is repealed.
AB778,46,98
(1)
This act takes effect on June 1, 2016, or on the day after publication,
9whichever is later.