2023-2024 Wisconsin Legislature

Senate Bill 668

An Act to repeal 138.09 (7) (b), (bm) and (bn), 138.09 (7) (e) 2., 138.09 (7) (gm) 1. and 2., 138.12 (14), 218.04 (3) (c), 218.04 (8), 224.72 (7) (bm), 224.725 (5) (a) 1. and 2. and 224.725 (5) (b); to renumber 138.09 (1a) and 218.0161; to renumber and amend 138.09 (1d), 138.09 (1m) (a), 218.0114 (4), 218.0114 (17), 218.04 (1) (b), 218.04 (13), 224.72 (7) (am), 224.725 (5) (a) (intro.), 224.728 (title), 224.728 (1), 224.728 (2), 224.728 (3), 224.728 (4) and 224.728 (5); to amend 49.857 (1) (d) 12., 73.0301 (1) (d) 6., 100.315 (1), 108.227 (1) (e) 6., 138.09 (1m) (b) 1. (intro.), 138.09 (2), 138.09 (3) (c), 138.09 (3) (d), 138.09 (3) (e) 1. a. and f., 138.09 (3) (f), 138.09 (6), 138.09 (7) (c) 2. and 4., 138.09 (7) (e) 3., 138.09 (7) (g) (intro.), 138.09 (7) (k), 138.12 (3) (b), 138.12 (4) (am) 1., 138.12 (5) (b), 138.14 (4) (a) 1. (intro.), 138.14 (6) (a), 138.14 (6) (b) 1. b., 138.14 (7) (d), 138.14 (8) (c), 138.14 (9) (a) 4., 138.14 (14) (c) 1., 138.14 (14) (m), 138.14 (15) (title), 186.113 (22) (title), 214.04 (20), 215.13 (41) (title), 218.0111 (2), 218.0114 (5) (b), 218.0114 (13) (a), 218.0114 (20) (c), 218.0116 (1) (am), 218.0161 (title), 218.0162, 218.02 (2) (a) 1. (intro.), 218.02 (5) (a) and (b), 218.02 (6) (a) (intro.), 218.02 (6) (a) 1., 218.02 (9) (title), 218.02 (9) (a) (intro.), 218.02 (9) (c), 218.04 (1) (a), 218.04 (2) (a) and (b), 218.04 (3) (a) 1. (intro.), 218.04 (3) (b), 218.04 (4) (a), 218.04 (4) (am) 1., 218.04 (5) (a) (intro.), 1., 2., 3. and 4., 218.04 (5) (c), 218.04 (6) (title), 218.04 (6) (b), 218.04 (6) (c) (intro.) and 2., 218.04 (7) (title), 218.04 (7) (a), 218.04 (9g) (c), 218.04 (9m) (e), 218.04 (10) (b), 218.04 (13) (title), 218.05 (3) (a) 2., 218.05 (3) (c), 218.05 (10) (a) and (c), 218.05 (11) (intro.), 218.05 (12) (title), 218.05 (12) (a) 1., 220.02 (2) (c), 220.02 (3), 220.06 (1m), 224.71 (7), 224.71 (13g) (b), 224.71 (18), 224.72 (2) (am), 224.72 (7) (title), 224.725 (1), 224.725 (1r) (a) 5., 224.725 (1r) (c) 1., 224.725 (1r) (c) 2. d., 224.725 (2) (a), 224.725 (2) (c) (intro.) and 2. (intro.), 224.725 (5) (title), 224.74 (1) (a), 224.74 (2) (b), 224.755 (3) (a), (c) and (d), 224.755 (4) (b) 1., 224.77 (1) (a), 224.77 (9), 321.60 (1) (a) 12., 422.202 (3) (c) and 946.79 (1) (a); to repeal and recreate 138.09 (3) (b), 138.12 (3) (c), 138.12 (5) (a) 2., 138.14 (5) (c), chapter 217, 218.02 (5) (c), 218.04 (6) (a), 218.04 (10) (a) and 218.05 (14) (a); and to create 138.09 (1c) (a) 3., 4., 5. and 6., 138.09 (1c) (b), 138.09 (1g) (a), (b), (d), (e), (f), (g), (h) and (i), 138.09 (1m) (b) 2. c., 138.09 (1m) (d) and (e), 138.09 (3) (cm), 138.09 (3) (e) 3., 138.09 (3) (g), 138.09 (4) (a) 4., 138.09 (4) (e), 138.12 (1) (cm) and (dm), 138.12 (3) (d) 2. c., 138.12 (3) (f), (g) and (h), 138.12 (5r), 138.14 (1) (br), (jm) and (m), 138.14 (4) (a) 1g., 1m. and 1r., 138.14 (4) (a) 2. c., 138.14 (15) (c), 218.0101 (24m) and (37m), 218.0114 (4g) and (4m), 218.0114 (17) (b), 218.0114 (21g) (b) 3., 218.0114 (25), 218.0161 (2), 218.02 (1) (e) and (f), 218.02 (2) (a) 2. c., 218.02 (2) (d), (e) and (f), 218.02 (6) (a) 5., 218.02 (9) (d), 218.04 (1) (b) 2. and 3., 218.04 (1) (em) and (h), 218.04 (3) (a) 1g., 1m. and 1r., 218.04 (3) (a) 2. c., 218.04 (4) (ap) and (c), 218.04 (5) (a) 6., 218.04 (9), 218.04 (13) (b), 218.05 (1) (e) and (f), 218.05 (3) (am) 2. c., 218.05 (3) (d), (e) and (f), 218.05 (12) (a) 4., 218.05 (12) (f), 224.35 (1g), 224.35 (1m) (bm), 224.35 (1r), (6), (7) and (8), 224.72 (2) (c) 2. c. and 224.725 (2) (b) 1. c. of the statutes; Relating to: the licensing and regulation by the Department of Financial Institutions of consumer lenders, payday lenders, money transmitters, sales finance companies, collection agencies, mortgage bankers and mortgage brokers, adjustment service companies, community currency exchanges, and insurance premium finance companies; the Nationwide Multistate Licensing System and Registry; modifying and repealing rules promulgated by the Department of Financial Institutions; and granting rule-making authority. (FE)

Status: S - Enacted into law

Important Actions (newest first)

Date / House Action Journal
4/4/2024 Sen.Published 4-5-2024958
1/12/2024 Sen.Withdrawn from joint committee on Finance and made Available for Scheduling by committee on Senate Organization, pursuant to Senate Rule 41 (1)(e), Ayes 5, Noes 0711

History

Date / House Action Journal
11/9/2023 Sen.Introduced by Senators Knodl and Wanggaard;
cosponsored by Representatives O'Connor, Murphy and Macco
595
11/9/2023 Sen.Read first time and referred to Committee on Shared Revenue, Elections and Consumer Protection595
11/13/2023 Sen.Fiscal estimate received 
12/19/2023 Sen.Public hearing held 
1/10/2024 Sen.Senate Amendment 1 offered by Senator Knodl701
1/10/2024 Sen.Senate Amendment 2 offered by Senator Knodl701
1/10/2024 Sen.Senate Amendment 3 offered by Senator Knodl701
1/11/2024 Sen.Executive action taken 
1/11/2024 Sen.Report adoption of Senate Amendment 1 recommended by Committee on Shared Revenue, Elections and Consumer Protection, Ayes 5, Noes 0709
1/11/2024 Sen.Report adoption of Senate Amendment 2 recommended by Committee on Shared Revenue, Elections and Consumer Protection, Ayes 5, Noes 0709
1/11/2024 Sen.Report adoption of Senate Amendment 3 recommended by Committee on Shared Revenue, Elections and Consumer Protection, Ayes 3, Noes 2709
1/11/2024 Sen.Report passage as amended recommended by Committee on Shared Revenue, Elections and Consumer Protection, Ayes 5, Noes 0709
1/11/2024 Sen.Available for scheduling 
1/12/2024 Sen.Referred to joint committee on Finance by Committee on Senate Organization pursuant to Senate Rule 41 (1)(e), Ayes 5, Noes 0711
1/12/2024 Sen.Withdrawn from joint committee on Finance and made Available for Scheduling by committee on Senate Organization, pursuant to Senate Rule 41 (1)(e), Ayes 5, Noes 0711
1/12/2024 Sen.Placed on calendar 1-16-2024 pursuant to Senate Rule 18(1)712
1/16/2024 Sen.Representative Subeck added as a cosponsor715
1/16/2024 Sen.Read a second time723
1/16/2024 Sen.Senate Amendment 1 adopted723
1/16/2024 Sen.Senate Amendment 2 adopted723
1/16/2024 Sen.Senate Amendment 3 adopted723
1/16/2024 Sen.Ordered to a third reading723
1/16/2024 Sen.Rules suspended to give bill its third reading723
1/16/2024 Sen.Read a third time and passed723
1/16/2024 Sen.Ordered immediately messaged725
1/16/2024 Asm.Received from Senate550
1/22/2024 Asm.Read first time and referred to committee on Rules583
1/23/2024 Asm.Made a special order of business at 10:24 AM on 1-25-2024 pursuant to Assembly Resolution 23586
1/25/2024 Asm.Read a second time603
1/25/2024 Asm.Ordered to a third reading603
1/25/2024 Asm.Rules suspended603
1/25/2024 Asm.Read a third time and concurred in603
1/25/2024 Asm.Ordered immediately messaged604
1/25/2024 Sen.Received from Assembly concurred in752
1/29/2024 Sen.LRB correction (Senate Amendment 3)759
1/29/2024 Sen.LRB correction759
1/30/2024 Sen.Report correctly enrolled761
4/1/2024 Sen.Presented to the Governor on 4-1-2024954
4/4/2024 Sen.Report approved by the Governor on 4-4-2024. 2023 Wisconsin Act 267958
4/4/2024 Sen.Published 4-5-2024958
 
Content subject to change after proofing by Chief Clerk staff.