Amendment ASA1-AB40

AB40-ASA1,1276,20 428.211 Parity Exemption for federally insured depository institutions. This subchapter does not apply to any state chartered or federally chartered bank, trust company, savings and loan association, savings bank, or credit union, or to any subsidiary of such a state chartered bank, trust company, savings and loan association, savings bank, or credit union, to the extent that federal law preempts or prohibits the application of the provisions of this subchapter to a federally chartered bank, trust company, savings and loan association, savings bank, or credit union of the same type.

AB40-ASA1, s. 3195 Section 3195. Chapter 440 (title) of the statutes is amended to read:

AB40-ASA1,1276,22 CHAPTER 440

AB40-ASA1,1276,25 DEPARTMENT OF REGULATION AND LICENSING safety and professional services

AB40-ASA1, s. 3196 Section 3196. 440.01 (1) (aj) of the statutes is amended to read:

AB40-ASA1,1277,3 440.01 (1) (aj) "Department" means the department of regulation and licensing safety and professional services.

AB40-ASA1, s. 3197 Section 3197. 440.01 (1) (g) of the statutes is amended to read:

AB40-ASA1,1277,6 440.01 (1) (g) "Secretary" means the secretary of regulation and licensing safety and professional services.

AB40-ASA1, s. 3198 Section 3198. 440.01 (2) (cs) of the statutes is amended to read:

AB40-ASA1,1277,9 440.01 (2) (cs) "Minority group member" has the meaning given in s. 560.036 16.287 (1) (f).

AB40-ASA1, s. 3199 Section 3199. 440.03 (1) of the statutes is amended to read:

AB40-ASA1,1277,15 440.03 (1) The department may promulgate rules defining uniform procedures to be used by the department, the real estate board, the real estate appraisers board, and all examining boards and affiliated credentialing boards attached to the department or an examining board, for receiving, filing and investigating complaints, for commencing disciplinary proceedings and for conducting hearings.

AB40-ASA1, s. 3200 Section 3200. 440.03 (1m) of the statutes is amended to read:

AB40-ASA1,1277,21 440.03 (1m) The department may promulgate rules specifying the number of business days within which the department or any examining board or affiliated credentialing board in the department must review and make a determination on an application for a permit, as defined in s. 560.41 (2) 227.116 (1g), that is issued under chs. 440 to 480.

AB40-ASA1, s. 3201 Section 3201. 440.03 (3q) of the statutes is amended to read:

AB40-ASA1,1277,25 440.03 (3q) Notwithstanding sub. (3m), the department of regulation and licensing safety and professional services shall investigate any report that it receives under s. 146.40 (4r) (em).

AB40-ASA1, s. 3202 Section 3202. 440.03 (11m) (b) of the statutes is amended to read:

AB40-ASA1,1278,7 440.03 (11m) (b) The department real estate examining board shall deny an application for an initial credential or deny an application for credential renewal or for reinstatement of an inactive license under s. 452.12 (6) (e) if any information required under par. (a) is not included in the application form or, in the case of an applicant who is an individual and who does not have a social security number, if the statement required under par. (am) is not included with the application form.

AB40-ASA1, s. 3203 Section 3203. 440.03 (11m) (c) of the statutes is amended to read:

AB40-ASA1,1278,15 440.03 (11m) (c) The department of regulation and licensing safety and professional services may not disclose a social security number obtained under par. (a) to any person except the coordinated licensure information system under s. 441.50 (7); the department of children and families for purposes of administering s. 49.22; and, for a social security number obtained under par. (a) 1., the department of revenue for the purpose of requesting certifications under s. 73.0301 and administering state taxes.

AB40-ASA1, s. 3204 Section 3204. 440.03 (12m) of the statutes is amended to read:

AB40-ASA1,1278,22 440.03 (12m) The department of regulation and licensing safety and professional services shall cooperate with the departments of justice, children and families, and health services in developing and maintaining a computer linkup to provide access to information regarding the current status of a credential issued to any person by the department of regulation and licensing safety and professional services, including whether that credential has been restricted in any way.

AB40-ASA1, s. 3205m Section 3205m. 440.04 (3) of the statutes is amended to read:

AB40-ASA1,1279,3 440.04 (3) Control the allocation, disbursement, and budgeting of the funds received by the examining boards and affiliated credentialing boards in connection with their credentialing and regulation, including the reimbursement of board members for actual and necessary expenses, including travel expenses, incurred in the performance of their duties.

AB40-ASA1, s. 3205p Section 3205p. 440.08 (2) (a) 15g. of the statutes is created to read:

AB40-ASA1,1279,5 440.08 (2) (a) 15g. Bail bond surety corporation: December 1 of each year.

AB40-ASA1, s. 3205r Section 3205r. 440.08 (2) (a) 15r. of the statutes is created to read:

AB40-ASA1,1279,7 440.08 (2) (a) 15r. Bail bond surety agent: June 1 of each year.

AB40-ASA1, s. 3206 Section 3206. 440.13 (1) (b) of the statutes is amended to read:

AB40-ASA1,1279,11 440.13 (1) (b) "Memorandum of understanding" means a memorandum of understanding entered into by the department of regulation and licensing safety and professional services and the department of children and families under s. 49.857.

AB40-ASA1, s. 3207 Section 3207. 440.13 (2) (a) of the statutes is amended to read:

AB40-ASA1,1279,19 440.13 (2) (a) With respect to a credential granted by the department, the department shall restrict, limit, or suspend a credential or deny an application for an initial credential or for reinstatement of an inactive license under s. 452.12 (6) (e) if the credential holder or applicant is delinquent in paying support or fails to comply, after appropriate notice, with a subpoena or warrant issued by the department of children and families or a county child support agency under s. 59.53 (5) and related to support or paternity proceedings.

AB40-ASA1, s. 3208 Section 3208. 440.13 (2) (c) of the statutes is amended to read:

AB40-ASA1,1279,24 440.13 (2) (c) With respect to a credential granted by a credentialing board, a credentialing board shall restrict, limit or suspend a credential held by a person or deny an application for an initial credential or for reinstatement of an inactive license under s. 452.12 (6) (e) when directed to do so by the department.

AB40-ASA1, s. 3209 Section 3209. 440.22 (2) of the statutes is amended to read:

AB40-ASA1,1280,12 440.22 (2) In any disciplinary proceeding against a holder of a credential in which the department or an examining board, affiliated credentialing board or board in the department orders suspension, limitation or revocation of the credential or reprimands the holder, the department, examining board, affiliated credentialing board or board may, in addition to imposing discipline, assess all or part of the costs of the proceeding against the holder. Costs assessed under this subsection are payable to the department. Interest shall accrue on costs assessed under this subsection at a rate of 12% per year beginning on the date that payment of the costs are due as ordered by the department, examining board, affiliated credentialing board or board. Upon the request of the department of regulation and licensing safety and professional services, the department of justice may commence an action to recover costs assessed under this subsection and any accrued interest.

AB40-ASA1, s. 3210 Section 3210. 440.905 (1) of the statutes is amended to read:

AB40-ASA1,1280,17 440.905 (1) In addition to the other duties and powers of the board under this subchapter, the board shall advise the secretary of regulation and licensing safety and professional services on matters relating to cemeteries, to this chapter, or to the board.

AB40-ASA1, s. 3211 Section 3211. 440.92 (2) (d) of the statutes is amended to read:

AB40-ASA1,1281,5 440.92 (2) (d) A preneed seller may not sell any undeveloped space unless the plans for the construction of the mausoleum have been submitted to the department of commerce safety and professional services for approval under s. 157.12 (2) (a) and the preneed sales contract includes the following language in not less than 10-point boldface type: "THE PLANS FOR CONSTRUCTING THE MAUSOLEUM SPACE HAVE BEEN SUBMITTED TO THE DEPARTMENT OF COMMERCE SAFETY AND PROFESSIONAL SERVICES FOR APPROVAL. THE SELLER IS RESPONSIBLE FOR ALL COSTS REQUIRED TO OBTAIN APPROVAL OF THE PLANS BY THE DEPARTMENT OF COMMERCE SAFETY AND PROFESSIONAL SERVICES, COMPLETE THE CONSTRUCTION, AND OBTAIN CERTIFICATION OF THE CONSTRUCTION BY THE DEPARTMENT OF COMMERCE SAFETY AND PROFESSIONAL SERVICES."

AB40-ASA1, s. 3212 Section 3212. 440.945 (5) (b) of the statutes is amended to read:

AB40-ASA1,1281,17 440.945 (5) (b) The department of justice or any district attorney, upon informing the department of justice, may commence an action in circuit court in the name of the state to restrain by temporary or permanent injunction any violation of this section. The court may, prior to entry of final judgment, make such orders or judgments as may be necessary to restore to any person any pecuniary loss suffered because of the acts or practices involved in the action, if proof of such loss is submitted to the satisfaction of the court. The department of justice may subpoena persons and require the production of books and other documents, and may request the department of regulation and licensing safety and professional services to exercise its authority under par. (a) to aid in the investigation of alleged violations of this section.

AB40-ASA1, s. 3212m Section 3212m. Subchapter XV of Chapter 440 [precedes 440.9991] of the statutes is created to read:

AB40-ASA1,1281,20 chapter 440

AB40-ASA1,1281,22 subchapter XV bail bond sureties

AB40-ASA1,1281,23 440.9991 Definitions. In this subchapter:

AB40-ASA1,1281,25 (1) "Licensed bail bond surety agent" or "bail bond surety agent" means a person licensed under s. 440.9993 (2).

AB40-ASA1,1282,2 (2) "Licensed bail bond surety corporation" or "bail bond surety corporation" means a person licensed under s. 440.9993 (1).

AB40-ASA1,1282,6 440.9992 License required. No person may be compensated to act as a surety for a bond under ch. 969 unless the person is a licensed bail bond surety corporation or agent. A licensed bail bond surety corporation or agent shall be compensated at the rate established under s. 969.12 (2).

AB40-ASA1,1282,9 440.9993 Licensure. (1) Bail bond surety corporations. The department shall grant a license as a bail bond surety corporation to a business entity, as defined in s. 13.62 (5), if all of the following apply:

AB40-ASA1,1282,11 (a) The business submits an application to the department on a form provided by the department.

AB40-ASA1,1282,12 (b) The business pays the initial credential fee of $1,000.

AB40-ASA1,1282,17 (c) The business submits, in addition to any other information required by the department, evidence satisfactory to the department, including financial information, that the business is qualified to act as a surety for others in this state, except that the business is not required to be organized under the laws of this state.

AB40-ASA1,1282,19 (2) Bail bond surety agents. The department shall grant a license as a bail bond surety agent to a person if all of the following apply:

AB40-ASA1,1282,21 (a) The person submits an application to the department on a form provided by the department.

AB40-ASA1,1282,22 (b) The person pays the initial credential fee of $1,000.

AB40-ASA1,1282,25 (c) The person submits, in addition to any other information required by the department, evidence satisfactory to the department that the person is an agent of a licensed bail bond surety corporation.

AB40-ASA1,1283,3 (3) List of bail bond surety corporations and agents. Annually, the department shall provide a list of all licensed bail bond surety corporations and agents to the clerk of circuit court in each county.

AB40-ASA1,1283,7 440.9994 Renewal. (1) Renewal dates. The renewal dates for licenses granted under this subchapter are specified in s. 440.08 (2) (a) 15g. and 15r. Renewal applications shall be submitted to the department on a form provided by the department and shall include an annual renewal fee of $1,000.

AB40-ASA1,1283,13 (2) Licensure renewal for bail bond surety corporations. In addition to any other information required by the department, a licensed bail bond surety corporation shall submit with its renewal application evidence satisfactory to the department, including financial information, that the bail bond surety corporation continues to be, at the time the surety corporation applies for renewal, a business that is qualified to act as a surety for others in this state.

AB40-ASA1,1283,19 (3) Licensure renewal for bail bond surety agents. In addition to any other information required by the department, a licensed bail bond surety agent shall submit with its renewal application evidence satisfactory to the department that the bail bond surety agent, at the time the surety agent applies for renewal, is an agent of a licensed bail bond surety corporation in good standing with the department.

AB40-ASA1,1283,22 440.9995 Rules. The department shall promulgate rules necessary to administer this subchapter, including rules of conduct by bail bond surety corporations and agents.

AB40-ASA1,1284,3 440.9996 Disciplinarily proceedings and actions. (1) Investigations and hearings. Subject to the rules promulgated under s. 440.03 (1), the department may conduct investigations and hearings to determine whether a violation of this subchapter, any rule promulgated under this subchapter, or any other law applicable to bail bond surety corporations or agents, including ch. 969, has occurred.

AB40-ASA1,1284,9 (2) Penalties. (a) Subject to the rules promulgated under s. 440.03 (1), the department may reprimand a bail bond surety corporation or agent or deny, limit, suspend, or revoke a license granted under this subchapter if the department finds that an applicant for licensure under this subchapter, a licensed bail bond surety corporation, or a licensed bail bond surety agent, has done any of the following:

AB40-ASA1,1284,11 1. Intentionally made a material misstatement in an application for a license or for renewal of a license.

AB40-ASA1,1284,12 2. Advertised in a manner that is false or misleading.

AB40-ASA1,1284,14 3. In the course of acting as a bail bond surety corporation or agent, made a substantial misrepresentation that was relied upon by another person.

AB40-ASA1,1284,15 4. Obtained or attempted to obtain compensation through fraud or deceit.

AB40-ASA1,1284,18 5. Violated any law of this state or federal law that substantially relates to acting as a surety for others or acting as a bail bond surety corporation or agent, violated this subchapter, or violated any rule promulgated under this subchapter.

AB40-ASA1,1284,19 6. Engaged in unprofessional conduct.

AB40-ASA1,1284,22 (b) In addition to or in lieu of a reprimand or other action under par. (a), the department may by rule establish other penalties, including forfeiture, for violations under par. (a).

AB40-ASA1, s. 3217 Section 3217. 452.01 (1s) of the statutes is amended to read:

AB40-ASA1,1284,24 452.01 (1s) "Board" means real estate examining board.

AB40-ASA1, s. 3218 Section 3218. 452.025 (1) (a) of the statutes is amended to read:

AB40-ASA1,1285,2 452.025 (1) (a) A person desiring to act as a time-share salesperson shall submit to the department board an application for a certificate of registration.

AB40-ASA1, s. 3219 Section 3219. 452.025 (1) (b) (intro.) of the statutes is amended to read:

AB40-ASA1,1285,6 452.025 (1) (b) The application for registration as a time-share salesperson shall be in the form prescribed by the department board and shall include all of the following:

AB40-ASA1, s. 3220 Section 3220. 452.025 (1) (b) 4. of the statutes is amended to read:

AB40-ASA1,1285,11 452.025 (1) (b) 4. Any other information which that the department board reasonably requires to enable it to determine the competency of the person to transact business as a time-share salesperson in a manner which that safeguards the interests of the public.

AB40-ASA1, s. 3221 Section 3221. 452.025 (3) (b) 2. (intro.) of the statutes is amended to read:

AB40-ASA1,1285,16 452.025 (3) (b) 2. A time-share salesperson registered under this section may complete a form purchase agreement or offer to purchase, if the form purchase agreement or offer to purchase has been approved by the department board and includes only the following:

AB40-ASA1, s. 3222 Section 3222. 452.025 (4) of the statutes is amended to read:

AB40-ASA1,1285,21 452.025 (4) A time-share salesperson registered under this section may apply at any time to transfer employment to another licensed broker by submitting to the department board an application in the form prescribed by the department board and the transfer fee specified in s. 440.05 (7).

AB40-ASA1, s. 3223 Section 3223. 452.025 (5) (a) of the statutes is amended to read:

AB40-ASA1,1285,24 452.025 (5) (a) The renewal date for certificates of registration granted by the department board under this section is specified under s. 440.08 (2) (a).

AB40-ASA1, s. 3224 Section 3224. 452.03 of the statutes is amended to read:

AB40-ASA1,1286,7 452.03 Brokers and salespersons licensed. No person may engage in or follow the business or occupation of, or advertise or hold himself or herself out as, or act temporarily or otherwise as a broker or salesperson without a license. Licenses shall be granted The board may grant a license only to persons a person who are is competent to transact such businesses in a manner which that safeguards the interests of the public, and only after satisfactory proof of the person's competence has been presented to the department board.

AB40-ASA1, s. 3225 Section 3225. 452.04 of the statutes is repealed.

AB40-ASA1, s. 3226 Section 3226. 452.05 (title) and (1) (intro.) of the statutes are amended to read: