WI SB668 | 2023-2024 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 5-0)
Status: Passed on April 4 2024 - 100% progression
Action: 2024-04-04 - Published 4-5-2024
Text: Latest bill text (Introduced) [PDF]

Summary

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)

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Title

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)

Sponsors


History

DateChamberAction
2024-04-04SenatePublished 4-5-2024
2024-04-04SenateReport approved by the Governor on 4-4-2024. 2023 Wisconsin Act 267
2024-04-01SenatePresented to the Governor on 4-1-2024
2024-01-30SenateReport correctly enrolled
2024-01-29SenateLRB correction
2024-01-29SenateLRB correction (Senate Amendment 3)
2024-01-25SenateReceived from Assembly concurred in
2024-01-25HouseOrdered immediately messaged
2024-01-25HouseRead a third time and concurred in
2024-01-25HouseRules suspended
2024-01-25HouseOrdered to a third reading
2024-01-25HouseRead a second time
2024-01-23HouseMade a special order of business at 10:24 AM on 1-25-2024 pursuant to Assembly Resolution 23
2024-01-22HouseRead first time and referred to committee on Rules
2024-01-16HouseReceived from Senate
2024-01-16SenateOrdered immediately messaged
2024-01-16SenateRead a third time and passed
2024-01-16SenateRules suspended to give bill its third reading
2024-01-16SenateOrdered to a third reading
2024-01-16SenateSenate Amendment 3 adopted
2024-01-16SenateSenate Amendment 2 adopted
2024-01-16SenateSenate Amendment 1 adopted
2024-01-16SenateRead a second time
2024-01-16SenateRepresentative Subeck added as a cosponsor
2024-01-12SenatePlaced on calendar 1-16-2024 pursuant to Senate Rule 18(1)
2024-01-12SenateWithdrawn 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 0
2024-01-12SenateReferred to joint committee on Finance by Committee on Senate Organization pursuant to Senate Rule 41 (1)(e), Ayes 5, Noes 0
2024-01-11SenateAvailable for scheduling
2024-01-11SenateReport passage as amended recommended by Committee on Shared Revenue, Elections and Consumer Protection, Ayes 5, Noes 0
2024-01-11SenateReport adoption of Senate Amendment 3 recommended by Committee on Shared Revenue, Elections and Consumer Protection, Ayes 3, Noes 2
2024-01-11SenateReport adoption of Senate Amendment 2 recommended by Committee on Shared Revenue, Elections and Consumer Protection, Ayes 5, Noes 0
2024-01-11SenateReport adoption of Senate Amendment 1 recommended by Committee on Shared Revenue, Elections and Consumer Protection, Ayes 5, Noes 0
2024-01-11SenateExecutive action taken
2024-01-10SenateSenate Amendment 3 offered by Senator Knodl
2024-01-10SenateSenate Amendment 2 offered by Senator Knodl
2024-01-10SenateSenate Amendment 1 offered by Senator Knodl
2023-12-19SenatePublic hearing held
2023-11-13SenateFiscal estimate received
2023-11-09SenateRead first time and referred to Committee on Shared Revenue, Elections and Consumer Protection
2023-11-09SenateIntroduced

Wisconsin State Sources

TypeSource
Summaryhttps://docs.legis.wisconsin.gov/2023/proposals/reg/sen/bill/sb668
Texthttps://docs.legis.wisconsin.gov/document/proposaltext/2023/REG/SB668.pdf
Texthttps://docs.legis.wisconsin.gov/document/enrolledbills/2023/REG/SB668.pdf
Texthttps://docs.legis.wisconsin.gov/document/acts/2023/267.pdf
Amendmenthttps://docs.legis.wisconsin.gov/document/amends/2023/REG/SB668-SA1.pdf
Amendmenthttps://docs.legis.wisconsin.gov/document/amends/2023/REG/SB668-SA2.pdf
Amendmenthttps://docs.legis.wisconsin.gov/document/amends/2023/REG/SB668-SA3.pdf
Supplementhttps://docs.legis.wisconsin.gov/2023/related/fe/sb668/sb668_dfi.pdf
Supplementhttps://docs.legis.wisconsin.gov/2023/related/records/senate/shared_revenue_elections_and_consumer_protection/1769886.pdf
Supplementhttps://docs.legis.wisconsin.gov/document/lcamendmentmemos/2023/REG/SB668.pdf
Supplementhttps://docs.legis.wisconsin.gov/document/lcactmemos/2023/REG/Act%20267.pdf

Bill Comments

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