LRB-2362/1
JEO:kaf:md
1997 - 1998 LEGISLATURE
March 13, 1997 - Introduced by Senators Jauch, Huelsman, Breske, Wirch,
Panzer, Darling, Schultz, Buettner and Welch, cosponsored by
Representatives Boyle, Urban, Albers, Huber, Plale, Green, Ryba, Lazich,
Gronemus, Grothman, Musser, F. Lasee, Ziegelbauer and Seratti. Referred
to Committee on Judiciary, Campaign Finance Reform and Consumer Affairs.
SB121,1,2
1An Act to create 973.20 (5) (e) of the statutes;
relating to: interest payments
2under a restitution order.
Analysis by the Legislative Reference Bureau
Under current law, whenever a court imposes a sentence or orders probation for
any crime, the court must order the defendant to make restitution payments to crime
victims unless the court finds a substantial reason not to do so. The restitution law
has various general and specific provisions for the court to use to determine what the
restitution order may include. The order may not include a requirement for the
defendant to pay interest on unpaid amounts of restitution. This bill permits the
court to order the defendant to pay interest on unpaid restitution as computed from
the date of the offense. Under the bill, the interest rate on unpaid restitution is equal
to the average rate for 6-month U.S. treasury bills during the calendar year
preceding the year in which the restitution order is made, as certified to the director
of state courts by the state treasurer on the first business day in January of each year.
For further information see the state 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:
SB121, s. 1
3Section
1. 973.20 (5) (e) of the statutes is created to read:
SB121,2,5
1973.20
(5) (e) Pay interest on any unpaid amounts owed under this section
2computed from the date of the offense at a rate that is equal to the average rate for
36-month U.S. treasury bills during the calendar year preceding the year in which the
4restitution order is made, as certified to the director of state courts by the state
5treasurer on the first business day in January of each year.
SB121,2,87
(1) This act first applies to offenses occurring on the effective date of this
8subsection.
