AB925: Bill Text

AB925,38,2 2. Parking regulations which that prohibit, limit or restrict the parking of vehicles for any period longer than 24 consecutive hours, during any hours between 12 midnight and 7 a.m., or any portion thereof or during a snow emergency as determined by the city, village or town a municipality, shall be effective in cities, villages and towns the municipality upon a two-thirds vote of their its respective governing bodies body notwithstanding this subsection and s. 346.02 (7) when official traffic signs have been placed or erected at or reasonably near the corporate limits of such city, village or town the municipality on all state and county trunk highways and connecting highways, as the latter are defined in s. 86.32, informing motorists that 24-hour parking limitations, night parking regulations or snow emergency regulations are in effect in such city, village or town the municipality.

Note: Breaks up long sentence. For purposes of ch. 349, s. 340.01 (36m) defines "municipality" as a city, village or town and s. 340.01 (9) defines "connecting highway" as a highway designated as such under s. 86.32.

AB925, s. 78 Section 78. 349.13 (2) (intro.), (a) to (d) and (f) of the statutes are amended to read:

AB925,38,9 349.13 (2) (intro.) Except as provided in this subsection, neither the department nor local authorities may extend stopping, standing or parking privileges to areas where stopping, standing or parking is prohibited by ch. 346. The department and local authorities, with respect to highways under their respective jurisdictions as described in sub. (1e) may do any of the following:

AB925,38,11 (a) Permit parking on sidewalk areas when such parking will not unduly interfere with pedestrian traffic;.

AB925,38,13 (b) Permit parking on the roadway side of other parked vehicles when such double parking will not unduly interfere with the flow of vehicular traffic;.

AB925,38,15 (c) Permit parking closer than 15 feet to the end of a safety zone when such parking will not unduly interfere with the flow of vehicular traffic ;.

AB925,38,17 (d) Designate parking upon the left side of a one-way street or roadway instead of the right side or permit parking on both sides;.

AB925,38,22 (f) Permit the parking of any vehicle or of school buses only on the near side of specified highways adjacent to schoolhouses in villages, towns or cities during specified hours when if the village or town board or common council governing body of any such village, town or city the municipality where the schoolhouse is located directs by ordinance so directs.

Note: Replaces punctuation for internal consistency and conformity with current style. Section 340.01 (36m) defines "municipality" as a city, village or town for purposes of ch. 349. The term "governing body of a municipality" is used throughout the chapter to refer to village boards, town boards and common councils. "When" is replaced by "if", consistent with current style, to reflect that the condition referred to need not occur.

AB925, s. 79 Section 79. 422.204 (7) (intro.) and (a) to (d) of the statutes are renumbered 422.204 (7) (am) (intro.) and 1. to 4. and amended to read:

AB925,39,5 422.204 (7) (am) (intro.) In addition to any requirements of form established by the administrator, a deferral agreement shall meet all of the following requirements:

AB925,39,6 1. Be The agreement shall be in writing and signed by the customer;.

AB925,39,8 2. Incorporate The agreement shall incorporate by reference the transaction to which the deferral applies;.

AB925,39,12 3. State The agreement shall state each instalment or part thereof in the amount to be deferred, the date or dates originally payable and either the date or dates agreed to become payable for the payment of the amounts deferred or the periods of deferral; and.

AB925,39,15 4. Clearly The agreement shall clearly set forth the dollar amount of the charge for each instalment to be deferred and the total dollar amount to be paid by the customer for the deferral.

Note: The subject matter of par. (e) does not fit within the series listed under the subsection (intro.), and the renumbering by this section of this bill removes that provision from the series. The subsection (intro.) is amended in accordance with current style and the subsequent subdivisions are amended to correspond with the amended (intro.). Punctuation is replaced for internal consistency and consistency with current style.

AB925, s. 80 Section 80. 422.204 (7) (e) of the statutes is amended to read:

AB925,39,18 422.204 (7) (e) This subsection shall does not apply to deferral charges made pursuant to under sub. (8).

Note: Replaces disfavored terms consistent with current style. See also the previous section of this bill.

AB925, s. 81 Section 81. 422.502 (4) (a) of the statutes is renumbered 422.502 (4).

Note: Eliminates unnecessary paragraph designation. Section 422.502 (4) is not divided into multiple paragraphs.

AB925, s. 82 Section 82. 425.208 (1) (d) (intro.) of the statutes is created to read:

AB925,40,2 425.208 (1) (d) (intro.) Whichever of the following is less:

Note: See the next section of this bill.

AB925, s. 83 Section 83. 425.208 (1) (d) of the statutes is renumbered 425.208 (1) (d) 1. and amended to read:

AB925,40,7 425.208 (1) (d) 1. A performance deposit, in the amount of 3 scheduled instalments (, or minimum payments in the case of an open-end credit plan), or one-third.

AB925,40,9 2. One-third of the total obligation remaining unpaid with respect to the consumer credit transaction, whichever is less.

Note: Subdivides provision to eliminate parentheses and improve readability. An (intro.) paragraph is created by the previous section of this bill to accommodate the changes made by this section.

AB925, s. 84 Section 84. 426.108 (intro.) and (1) to (8) of the statutes are amended to read:

AB925,40,16 426.108 Unconscionable conduct. (intro.) The administrator shall promulgate rules declaring specific conduct in consumer credit transactions and the collection of debts arising therefrom from consumer credit transactions to be unconscionable and prohibiting the use thereof of those unconscionable acts. In promulgating such rules under this section, the administrator shall consider, among other things, all of the following:

AB925,40,18 (1) That the practice unfairly takes advantage of the lack of knowledge, ability, experience, or capacity of customers;.

AB925,40,20 (2) That those engaging in the practice know of the inability of customers to receive benefits properly anticipated from the goods or services involved;.

AB925,41,3 (3) That there exists a gross disparity between the price of goods or services and their value as measured by the price at which similar goods or services are readily obtainable by other customers, or by other tests of true value;.

AB925,41,7 (4) The fact that That the practice may enable merchants to take advantage of the inability of customers reasonably to protect their interests by reason of physical or mental infirmities, illiteracy or inability to understand the language of the agreement, ignorance or lack of education or similar factors;.

AB925,41,8 (5) That the terms of the transaction require customers to waive legal rights;.

AB925,41,11 (6) That the terms of the transaction require customers to unreasonably jeopardize money or property beyond the money or property immediately at issue in the transaction;.

AB925,41,14 (7) That the natural effect of the practice is to cause or aid in causing customers to misunderstand the true nature of the transaction or their rights and duties thereunder under the transaction.

AB925,41,17 (8) That the writing purporting to evidence the obligation of the customers in the transaction contains terms or provisions or authorizes practices prohibited by law; and.

Note: The section (intro.) is amended in accordance with current style for (intro.) provisions and the subsequent subsections are amended to correspond with the amended (intro.). Punctuation is replaced for internal consistency and conformity with current style. Specific references are inserted.

AB925, s. 85 Section 85. 426.110 (4) (c) of the statutes is amended to read:

AB925,41,22 426.110 (4) (c) Except as provided in par. (e), no action for damages may be maintained under this section if an appropriate remedy ( , which shall include actual damages and may include penalties), is given, or agreed to be given within a reasonable time, to such party within 30 days after receipt of such notice.

Note: Replaces parentheses consistent with current style.

AB925, s. 86 Section 86. 442.01 (1) of the statutes is renumbered 442.001 and amended to read:

AB925,42,4 442.001 Definition. In this chapter, "examining board" means the accounting examining board.

Note: Moves definition applicable to the entire chapter to a separate definition section consistent with current style.

AB925, s. 87 Section 87. 442.02 (intro.) of the statutes is renumbered 442.02 (1m) (intro.) and amended to read:

AB925,42,9 442.02 (1m) (intro.) A person shall be deemed considered to be in practice as a public accountant, within the meaning and intent of this chapter if any of the following conditions is met:

Note: This provision is amended in accordance with current style for (intro.) provisions and renumbered so that subsections that do not fit grammatically or by subject matter within the series under the (intro.) can be separated. A disfavored term is replaced in conformity with current style. See the next section of this bill.

AB925, s. 88 Section 88. 442.02 (1) to (5) of the statutes are renumbered 442.02 (1m) (a) to (e) and amended to read:

AB925,42,15 442.02 (1m) (a) Who The person holds himself or herself out to the public in any manner as one skilled in the knowledge, science and practice of accounting, and as qualified and ready to render professional service therein as a public accountant for compensation; or.

AB925,42,18 (b) Who The person maintains an office for the transaction of business as a public accountant, or who, except as an employe of a public accountant, practices accounting, as distinguished from bookkeeping, for more than one employer; or.

AB925,43,2 (c) Who The person offers to prospective clients to perform for compensation, or who does perform performs on behalf of clients for compensation, professional services that involve or require an audit of financial transactions and accounting records; or.

AB925,43,6 (d) Who The person prepares for clients reports of audits, balance sheets, and other financial, accounting and related schedules, exhibits, statements or reports which that are to be used for publication or for credit purposes, or are to be filed with a court of law or with any other governmental agency, or for any other purpose; or.

AB925,43,9 (e) Who The person, in general or as an incident to such work, renders professional assistance to clients for compensation in any or all matters relating to accounting procedure and the recording and presentation of financial facts.

AB925, s. 89 Section 89. 442.02 (5m) (a) of the statutes is renumbered 442.02 (1m) (f) and amended to read:

AB925,43,16 442.02 (1m) (f) Who The person signs or affixes his or her name or any trade or assumed name used by the person in his or her business or profession to an opinion or certificate attesting to the reliability of any representation or estimate in regard to any person or organization embracing financial information, financial transactions or accounting records.

Note: The paragraphs, renumbered by this section of the bill fit grammatically within the series under sub. (1m) (intro.), as renumbered by this bill, while the remaining subsections do not. These provisions are amended to accommodate the amendment of sub. (1m) (intro.) and to conform with current style. Punctuation is replaced for internal consistency and conformity with current style. Improperly used "which" and passive verb are replaced in conformity with current style. See the previous and next section of this bill.

AB925, s. 90 Section 90. 442.02 (5m) (b) of the statutes is renumbered 442.02 (5m) and amended to read:

AB925,44,3 442.02 (5m) This subsection Subsection (1m) (f) does not prohibit any officer, employe, partner or principal of any organization from affixing his or her signature to any statement or report in reference to the affairs of that organization with any wording designating the position, title or office which that he or she holds in that organization. This subsection and does not prohibit any act of a public official or public employe in the performance of his or her duties.

Note: This provision does not fit grammatically within the series under sub. (1m) (intro.), as renumbered by this bill, and is made a separate subsection and cross-references are amended accordingly. Improperly used "which" is replaced in conformity with current style. See the previous and next section of this bill.

AB925, s. 91 Section 91. 442.02 (6) of the statutes is amended to read:

AB925,44,8 442.02 (6) Every member of a partnership, and every officer and director of a corporation who, in such the capacity of partner, officer or director, does any of the things enumerated in subs. (1) sub. (1m) (a) to (5m) (f), shall be deemed considered to be in practice as a public accountant.

Note: Cross-references are amended to reflect renumbering by this bill. Disfavored terms are replaced in conformity with current style.

AB925, s. 92 Section 92. 442.02 (7) of the statutes is renumbered 442.02 (7) (intro.) and amended to read:

AB925,44,15 442.02 (7) (intro.) Nothing contained in this chapter shall prevent the employment by a certified public accountant, or by a public accountant, or by a firm or corporation, furnishing public accounting services as principal, of persons to serve as accountants in various capacities, as needed; provided, that such persons, if all of the following conditions are met:

AB925,44,18 (a) The employes serving as accountants work under the control and supervision of certified public accountants, or accountants with certificates of authority as hereinafter provided, that such granted under s. 442.06.

AB925,44,21 (b) Those employes serving as accountants shall not issue any statements or reports over their own names except such office reports to their employer as that are customary and that such.

AB925,45,2 (c) The employes serving as accountants are not in any manner held out to the public as public accountants as described in this chapter.

Note: Provision is subdivided, disfavored terms are replaced and a specific cross-reference is added for improved readability and conformity with current style.

AB925, s. 93 Section 93. 442.02 (9) of the statutes is renumbered 442.02 (9) (intro.) and amended to read:

AB925,45,8 442.02 (9) (intro.) Nothing contained in this chapter shall apply to any persons who may be employed by more than one person, partnership or corporation, for the purpose of keeping books, making trial balances or statements, and preparing audits or reports, provided such if all of the following requirements are met:

AB925,45,10 (a) The audits or reports described in this subsection are not used or issued by the employers as having been prepared by a public accountant and provided such.

AB925,45,12 (b) The persons employed as described in this subsection do not do any of the things enumerated in sub. (5m) (a), (1m) (f) without complying with sub. (5m) (b).

Note: Provision is subdivided, disfavored terms are replaced for improved readability and conformity with current style. Cross-references are amended to reflect renumbering by this bill.

AB925, s. 94 Section 94. 442.11 (intro.) and (1) to (13) of the statutes are amended to read:

AB925,45,17 442.11 Penalties. (intro.) Any person shall be deemed guilty of a misdemeanor, and shall Whoever does any of the following may, for each offense, be fined not more than $500 for each offense, or imprisoned in the county jail for not more than one year, or both:

AB925,45,20 (1) Who shall use Uses any other term other than certified public accountant or the abbreviation C. P. A. to indicate that he or she is a public accountant with a specially granted title; or.

AB925,46,3 (2) Who, when While practicing under an assumed name, or as a member of a partnership, other than one which a partnership that is registered under s. 442.07 as composed of certified public accountants, or as an officer of a corporation, announces, either in writing or by printing, that the assumed name, partnership or corporation is practicing as a certified public accountant; or.

AB925,46,6 (3) Who, as As a member of a partnership, announces, either in writing or by printing, that the partnership is practicing as "public accountants" unless the partnership is registered as such under s. 442.07; or .

AB925,46,9 (4) Who, as As an officer of a corporation, permits it the corporation to practice as a public accountant unless it is registered with the examining board, and holds an unrevoked certificate of authority from the examining board; or.

AB925,46,13 (5) Who holds Holds himself or herself out to the public as a certified public accountant or who assumes to practice as a certified public accountant unless he or she has been granted a certificate as such a certified public accountant from the examining board; or.

AB925,46,16 (6) Who holds Holds himself or herself out to the public as a public accountant or who assumes to practice as a public accountant unless he or she has been granted a certificate of authority from the examining board; or.

AB925,46,18 (7) Who shall practice Practices as a certified public accountant or as a public accountant after his or her certificate has been revoked; or.

AB925,46,22 (8) Who shall as As an individual, or, as a member of a partnership or as an officer or director of a corporation, practice practices or permit permits the partnership or corporation to practice as a certified public accountant or as a public accountant unless a license has been secured for the current licensure period; or.

AB925,46,25 (9) Who shall sell, buy, give Sells, buys, gives or obtain obtains an alleged certificate as a certified public accountant, or a certificate of authority, or a license in any other manner other than is that provided for by this chapter; or.

AB925,47,3 (10) Who attempts Attempts to practice as a certified public accountant or as a public accountant under the guise of a certificate not granted by the examining board, or under cover of a certificate obtained illegally or fraudulently; or.

AB925,47,5 (11) Who shall certify Certifies to any false or fraudulent report, certificate, exhibit, schedule or statement; or.

AB925,47,7 (12) Who shall attempt Attempts by any subterfuge to evade the provisions of this chapter while practicing as a public accountant; or.