Amendment AA26-ASA1-AB150

AB150-ASA1-AA26,386,21 698. Page 2081, line 20: after that line insert:

AB150-ASA1-AA26,386,23 " Section 6923h. 560.31 (3) of the statutes, as affected by 1995 Wisconsin Act .... (this act), is renumbered 41.19 (3).".

AB150-ASA1-AA26,387,2 699. Page 2098, line 8: after "location" insert ", except to the extent permitted under section 383 of the internal revenue code".

AB150-ASA1-AA26,387,4 700. Page 2101, line 22: delete the material beginning with that line and ending with page 2102, line 3.

AB150-ASA1-AA26,387,6 701. Page 2105, line 13: delete the material beginning with that line and ending with page 2106, line 11.

AB150-ASA1-AA26,387,7 702. Page 2106, line 11: after that line insert:

AB150-ASA1-AA26,387,9 " Section 6965. 562.065 (3) (e) (intro.) of the statutes is renumbered 562.065 (3) (e) and amended to read:

AB150-ASA1-AA26,387,12 562.065 (3) (e) Breakage. A licensee under s. 562.05 (1) (b) shall deposit with the commission an amount equal to 50% may retain 100% of the breakage for each race day. The moneys received under this paragraph shall be deposited as follows:

AB150-ASA1-AA26, s. 6966 Section 6966. 562.065 (3) (e) 1. and 2. of the statutes are repealed.

AB150-ASA1-AA26, s. 6967 Section 6967. 562.065 (3r) of the statutes is amended to read:

AB150-ASA1-AA26,387,19 562.065 (3r) Period for deposit by licensee. The licensee shall make the deposits required under subs. (3) (c) 1. to 2g., and (d) 1. and (e) and (3m) (c) 2. no later than 48 hours after the close of the race day or, if the 48-hour period does not include a business day, on the first business day immediately following the close of the race day.

AB150-ASA1-AA26, s. 6968 Section 6968. 562.075 (title) of the statutes is amended to read:

AB150-ASA1-AA26,387,22 562.075 (title) Horses foaled in this state; three-year-old horses: races and purse supplements.

AB150-ASA1-AA26, s. 6969 Section 6969. 562.075 (1) (a) (title) of the statutes is repealed.

AB150-ASA1-AA26, s. 6970 Section 6970. 562.075 (1) (a) of the statutes is renumbered 562.075 (1).

AB150-ASA1-AA26, s. 6971 Section 6971. 562.075 (1) (b) of the statutes is repealed.

AB150-ASA1-AA26, s. 6972 Section 6972. 562.075 (2) (c) of the statutes is repealed.".

AB150-ASA1-AA26,388,3 703. Page 2106, line 23: after that line insert:

AB150-ASA1-AA26,388,4 " Section 6976c. 563.055 (1) of the statutes is amended to read:

AB150-ASA1-AA26,388,9 563.055 (1) If the holder of a license issued under this chapter pays a fee required under s. 563.13 (4), 563.22 (2) or 563.92 (1) (2) by check and the check is not paid by the bank upon which the check is drawn, the commission may cancel the license on or after the 60th day after the commission receives the notice from the bank, subject to sub. (2).

AB150-ASA1-AA26, s. 6976d Section 6976d. 563.92 (1) of the statutes is renumbered 563.92 (2).

AB150-ASA1-AA26, s. 6976f Section 6976f. 563.92 (1m) of the statutes is created to read:

AB150-ASA1-AA26,388,16 563.92 (1m) The commission may issue a Class A license for the conduct of a raffle in which some or all of the tickets for that raffle are sold on days other than the same day as the raffle drawing. The commission may issue a Class B license for the conduct of a raffle in which all of the tickets for that raffle are sold on the same day as the raffle drawing.

AB150-ASA1-AA26, s. 6976m Section 6976m. 563.93 (title) of the statutes is amended to read:

AB150-ASA1-AA26,388,19 563.93 (title) Tickets; calendars; drawings The conduct of raffles under a Class A license.

AB150-ASA1-AA26, s. 6976p Section 6976p. 563.93 (intro.) of the statutes is created to read:

AB150-ASA1-AA26,388,22 563.93 (intro.) All of the following shall apply to the conduct of a raffle under a Class A license:

AB150-ASA1-AA26, s. 6976s Section 6976s. 563.93 (1m) of the statutes is repealed.

AB150-ASA1-AA26, s. 6976t Section 6976t. 563.93 (3) of the statutes is amended to read:

AB150-ASA1-AA26,389,2 563.93 (3) No person may sell a raffle ticket or calendar unless authorized by an organization licensed under this subchapter with a Class A license.

AB150-ASA1-AA26, s. 6976v Section 6976v. 563.935 of the statutes is created to read:

AB150-ASA1-AA26,389,5 563.935 The conduct of raffles under a Class B license. All of the following shall apply to the conduct of a raffle under a Class B license:

AB150-ASA1-AA26,389,6 (1) All raffle tickets shall be identical in shape, form and color.

AB150-ASA1-AA26,389,7 (2) The tickets need not be numbered consecutively.

AB150-ASA1-AA26,389,8 (3) No raffle ticket may exceed $10 in cost.

AB150-ASA1-AA26,389,10 (4) No person may sell a raffle ticket unless authorized by an organization with a Class B license.

AB150-ASA1-AA26,389,11 (5) All raffle drawings shall be held in public.

AB150-ASA1-AA26,389,18 (6) The purchaser of a ticket must be present at the drawing to win a prize, unless the purchaser gives the ticket to another person who may claim the prize on behalf of the purchaser, but only if that other person is present at the drawing. If a purchaser of a ticket must leave before the drawing, the purchaser may request and receive a refund in the amount of the price of the ticket, but only if the purchaser makes the request before the drawing. The seller of the ticket shall immediately void that ticket.

AB150-ASA1-AA26,389,19 (7) All prizes shall be awarded.

AB150-ASA1-AA26,389,22 (8) The time of the drawing and the prizes to be awarded, the prize amount or the methodology used to determine the prize amount shall be posted or announced before the drawing.

AB150-ASA1-AA26,389,24 (9) If a raffle drawing is canceled, the organization shall refund the receipts to the ticket purchasers.".

AB150-ASA1-AA26,390,1 704. Page 2118, line 13: after that line insert:

AB150-ASA1-AA26,390,2 " Section 6981bm. 565.25 (2) (a) 1. of the statutes is amended to read:

AB150-ASA1-AA26,390,4 565.25 (2) (a) 1. Except as provided under in par. (d) and s. 16.71 (1), the department shall make major procurements.".

AB150-ASA1-AA26,390,5 705. Page 2119, line 10: after that line insert:

AB150-ASA1-AA26,390,6 " Section 6981em. 565.25 (2) (d) of the statutes is created to read:

AB150-ASA1-AA26,390,8 565.25 (2) (d) This subsection does not apply to procurements made under s. 16.706 (7).".

AB150-ASA1-AA26,390,11 706. Page 2121, line 24: delete lines 24 and 25 and substitute: "based on certifications by the department of health and social services under s. 46.255 (2) 73.255 (1) whether any person named in the".

AB150-ASA1-AA26,390,13 707. Page 2122, line 18: on line 18 and lines 20 and 21, substitute "revenue" for "industry, labor and human relations".

AB150-ASA1-AA26,390,15 708. Page 2123, line 2: on lines 2 and 3, substitute "revenue" for "industry, labor and human relations".

AB150-ASA1-AA26,390,17 709. Page 2124, line 7: restore the stricken material and delete the underscored material.

AB150-ASA1-AA26,390,18 710. Page 2125, line 23: after that line insert:

AB150-ASA1-AA26,390,19 " Section 6985b. 600.01 (1) (b) 8. of the statutes is amended to read:

AB150-ASA1-AA26,390,22 600.01 (1) (b) 8. Guarantees of the Wisconsin housing and economic development authority under ss. 234.67, 234.68, 234.69, 234.765, 234.82, 234.83, 234.84, 234.87, 234.90, 234.905 and 234.907.".

AB150-ASA1-AA26,391,2 711. Page 2125, line 24: delete the material beginning with that line and ending with page 2127, line 15.

AB150-ASA1-AA26,391,3 712. Page 2130, line 6: delete lines 6 to 12.

AB150-ASA1-AA26,391,5 713. Page 2130, line 25: delete the material beginning with that line and ending with page 2131, line 7.

AB150-ASA1-AA26,391,6 714. Page 2131, line 19: after that line insert:

AB150-ASA1-AA26,391,8 " Section 7010b. 601.72 (2) of the statutes, as affected by 1995 Wisconsin Act .... (this act), is amended to read:

AB150-ASA1-AA26,391,15 601.72 (2) If an insurer fails to maintain an agent for service of process in this state or if the agent cannot be found, substituted service under the procedures provided in s. 601.73 may be made on the commissioner or, if the proceeding is brought by the state against an insurer or intermediary other than a risk retention group or risk purchasing group, on the secretary of state department of financial institutions. Litigants serving process on the commissioner under this subsection shall pay the fee specified in s. 601.31 (1) (p).".

AB150-ASA1-AA26,391,16 715. Page 2131, line 22: after that line insert:

AB150-ASA1-AA26,391,18 " Section 7012b. 601.73 (1) (intro.) of the statutes, as affected by 1995 Wisconsin Act .... (this act), is repealed and recreated to read:

AB150-ASA1-AA26,391,21 601.73 (1) Requirements for effective service. (intro.) Service upon the commissioner or department of financial institutions under s. 601.72 (2) is service on the principal, if:

AB150-ASA1-AA26, s. 7013b Section 7013b. 601.73 (1) (a) of the statutes is amended to read:

AB150-ASA1-AA26,392,3 601.73 (1) (a) Two copies of the process are left in the hands or office of the commissioner or secretary of state department of financial institutions respectively; and

AB150-ASA1-AA26, s. 7014b Section 7014b. 601.73 (1) (b) of the statutes is amended to read:

AB150-ASA1-AA26,392,6 601.73 (1) (b) The commissioner or secretary of state department of financial institutions mails a copy of the process to the person served according to sub. (2) (b).

AB150-ASA1-AA26, s. 7015b Section 7015b. 601.73 (2) (a) of the statutes is amended to read:

AB150-ASA1-AA26,392,10 601.73 (2) (a) Records. The commissioner and secretary of state department of financial institutions shall give receipts for and keep records of all process served through them.

AB150-ASA1-AA26, s. 7016b Section 7016b. 601.73 (2) (b) of the statutes is amended to read:

AB150-ASA1-AA26,392,16 601.73 (2) (b) Process mailed. The commissioner or secretary of state department of financial institutions shall send immediately by certified mail to the person served, at the person's last-known principal place of business, residence or post-office address or at an address designated in writing by the person, one copy of any process received and shall retain the other copy.".

AB150-ASA1-AA26,392,17 716. Page 2132, line 2: after that line insert:

AB150-ASA1-AA26,392,18 " Section 7018b. 601.73 (3) of the statutes is amended to read:

AB150-ASA1-AA26,392,23 601.73 (3) Proof of service. A certificate by the commissioner or the secretary of state department of financial institutions, showing service made upon the commissioner or secretary of state department of financial institutions, and attached to a copy of the process presented for that purpose is sufficient evidence of the service.".

AB150-ASA1-AA26,393,2 717. Page 2132, line 16: delete the material beginning with that line and ending with page 2133, line 20.

AB150-ASA1-AA26,393,3 718. Page 2134, line 4: after that line insert:

AB150-ASA1-AA26,393,4 " Section 7023b. 610.01 (4) of the statutes is amended to read:

AB150-ASA1-AA26,393,7 610.01 (4) In any provision of ch. 180 or 181 made applicable by any section of chs. 600 to 646, "secretary of state" "department" shall be read "commissioner of insurance".

AB150-ASA1-AA26, s. 7024b Section 7024b. 611.72 (1) of the statutes is amended to read:

AB150-ASA1-AA26,393,13 611.72 (1) General. Subject to this section, ss. 180.1101, 180.1103 to 180.1107, 180.1706, 180.1707 and 180.1708 (5) apply to the merger of a domestic stock insurance corporation or its parent insurance holding corporation, except that papers required by those sections to be filed with the secretary of state department of financial institutions shall instead be filed with the commissioner.

AB150-ASA1-AA26, s. 7025b Section 7025b. 611.73 (1) of the statutes is amended to read:

AB150-ASA1-AA26,393,18 611.73 (1) Authorization, domestic corporations. Any 2 or more domestic mutuals may merge or consolidate under the procedures of ss. 181.42 to 181.47, except that papers required by those sections to be filed with the secretary of state department of financial institutions shall instead be filed with the commissioner.

AB150-ASA1-AA26, s. 7026b Section 7026b. 611.74 (1) of the statutes is amended to read:

AB150-ASA1-AA26,394,10 611.74 (1) Plan of dissolution. At least 60 days prior to the submission to shareholders or policyholders of any proposed voluntary dissolution of an insurance corporation under s. 180.1402 or 181.50 the plan shall be filed with the commissioner. The commissioner may require the submission of additional information to establish the financial condition of the corporation or other facts relevant to the proposed dissolution. If the shareholders or policyholders adopt the resolution to dissolve, the commissioner shall, within 30 days after the adoption of the resolution, begin to examine the corporation. The commissioner shall approve the dissolution unless, after a hearing, the commissioner finds that it is insolvent or may become insolvent in the process of dissolution. Upon approval, the corporation may dissolve under ss. 180.1402 to 180.1408 and 180.1706, or ss. 181.51 to 181.555, except that the last sentence of s. 181.555 does not apply and papers required by those sections to be filed with the secretary of state department of financial institutions shall instead be filed with the commissioner. Upon disapproval, the commissioner shall petition the court for liquidation or for rehabilitation under ch. 645.".

AB150-ASA1-AA26,394,11 719. Page 2134, line 5: delete lines 5 to 12.

AB150-ASA1-AA26,394,12 720. Page 2134, line 17: after that line insert:

AB150-ASA1-AA26,394,13 " Section 7028b. 613.01 (8) of the statutes is amended to read:

AB150-ASA1-AA26,394,17 613.01 (8) (title) Secretary of state Department of financial institutions. In any provision of ch. 180 or 181 made applicable to service insurance corporations in this chapter, "secretary of state" "department" means commissioner of insurance.".