Reporting, Bookkeeping and other Procedures
There is no mandatory reporting or bookkeeping tied to this amendment to the rule.
Professional Skills Required
Since the rule merely changes the fee that may be collected from $20 to $25, no additional professional skills will be required.
Accommodation for Small Business
Many of the landlords affected by this rule are “small businesses.” However, because the change permits landlords to charge prospective tenants $5 more for consumer credit reports, the rule will not adversely affect landlords. In addition, the rule change is required due to a change in state statute, so no accommodations or special exceptions can be made.
Conclusion
This rule will generally benefit affected businesses, including “small businesses.” Negative effects, if any, will be few and limited. This rule will not have a significant adverse effect on “small business,” and is not subject to the delayed “small business” effective date provided in Wis. Stat. § 227.22 (2) (e). Dated this ___day of __________, 2020.
STATE OF WISCONSIN
DEPARTMENT OF AGRICULTURE,
TRADE AND CONSUMER PROTECTION
By _______________________________
Lara Sutherlin, Administrator
Division of Trade and Consumer Protection
