231 Relating to: agreements to locate unclaimed property reported to the state treasurer.

Date of enactment: April 6, 2012
2011 Assembly Bill 418 Date of publication*: April 19, 2012

* Section 991.11, Wisconsin Statutes 2009-10 : Effective date of acts. "Every act and every portion of an act enacted by the legislature over the governor's partial veto which does not expressly prescribe the time when it takes effect shall take effect on the day after its date of publication as designated" by the secretary of state [the date of publication may not be more than 10 working days after the date of enactment].

2011 WISCONSIN ACT 231

An Act to renumber and amend 177.24 (1) (b); and to create 177.24 (1) (b) 2. and 177.35 (3) of the statutes; relating to: agreements to locate unclaimed property reported to the state treasurer.

The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:

Section 1 . 177.24 (1) (b) of the statutes is renumbered 177.24 (1) (b) 1. and amended to read:

177.24 (1) (b) 1. Any Subject to subd. 2., any person, except another state, claiming an interest in any property that is reported to the administrator under s. 177.17 and that is in the form of amounts credited under s. 20.912 (1) to the support collections trust fund or amounts not distributable from the support collections trust fund to the persons for whom the amounts were awarded may file a claim with the administrator, after December 1 following the report, on a form prescribed by the administrator and verified by the claimant.

Section 2 . 177.24 (1) (b) 2. of the statutes is created to read:

177.24 (1) (b) 2. A person who, on behalf of the owner of property reported to the administrator under s. 177.17, enters into an agreement under s. 177.35 to locate, deliver, recover, or assist in the recovery of the property shall include a copy of the agreement with the claim filed under this paragraph.

Section 3 . 177.35 (3) of the statutes is created to read:

177.35 (3) An agreement entered into under this section shall be submitted with a claim filed under s. 177.24 (1) (b).

Section 4 . Initial applicability.

(1) This act first applies to a claim claiming an interest in property reported under section 177.17 of the statute as abandoned and filed with the state treasurer on the effective date of this subsection.