An Act to amend 177.1104, 177.1204 (title) and 177.1205; to create 177.1201 (4) and 177.12045 of the statutes; Relating to: fraudulent claims for unclaimed property and providing a penalty. (FE)
Sponsored By: Brent Jacobson (Republican), Mike Bare (Democratic), Elijah Behnke (Republican), Barbara Dittrich (Republican), Rick Gundrum (Republican), Daniel Knodl (Republican), Rob Kreibich (Republican), David Murphy (Republican), Jerry O'Connor (Republican), William Penterman (Republican), Jim Piwowarczyk (Republican), Ron Tusler (Republican)
Became Law
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Bill Overview
Analyzed Economic Effects
3 provisions identified: 1 benefits, 1 costs, 1 mixed.
Stiff penalties for fake unclaimed property claims
Filing a claim for someone else’s property without their consent, and intending to deprive them, triggers a civil bill equal to the property’s full value. For certain claims that must include a copy of an agreement, if that copy breaks state rules, you owe the property’s value plus $1,000 when it is $15,000 or less, or plus $2,500 when it is over $15,000. Doing this is also a Class I felony, and the court can add prosecution costs. The administrator posts your name, address, penalty amount, and posting date online within 90 days after your appeal time ends, and keeps it up for at least 12 months.
Penalty rules and waivers for holders
If the unclaimed property office finds you owe money, it applies the law’s penalty rules to the amount it assesses. The administrator may reduce or cancel penalties, in whole or in part, under the penalty sections covered by this law. This mainly affects businesses that hold others’ property.
Attorney general can help prosecute fraud
The Attorney General can represent the state or help a district attorney prosecute unclaimed property fraud cases when the administrator asks. This adds state-level legal support to go after fraudulent claims.
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Sponsors & Cosponsors
Sponsors
Brent Jacobson
Republican • House
Mike Bare
Democratic • House
Elijah Behnke
Republican • House
Barbara Dittrich
Republican • House
Rick Gundrum
Republican • House
Daniel Knodl
Republican • House
Rob Kreibich
Republican • House
David Murphy
Republican • House
Jerry O'Connor
Republican • House
William Penterman
Republican • House
Jim Piwowarczyk
Republican • House
Ron Tusler
Republican • House
Cosponsors
Howard Marklein
Republican • Senate
Steve Nass
Republican • Senate
Sylvia Ortiz-Velez
Democratic • House
Patrick Testin
Republican • Senate
Roll Call Votes
No roll call votes available for this bill.
Actions Timeline
Published 3-21-2026
3/20/2026HouseReport approved by the Governor on 3-20-2026. 2025 Wisconsin Act 112
3/20/2026HousePresented to the Governor on 3-18-2026
3/18/2026HouseReport correctly enrolled on 2-20-2026
2/20/2026HouseReceived from Senate concurred in
2/18/2026HouseOrdered immediately messaged
2/18/2026SenateRead a third time and concurred in
2/18/2026SenateRules suspended to give bill its third reading
2/18/2026SenateOrdered to a third reading
2/18/2026SenateRead a second time
2/18/2026SenatePlaced on calendar 2-18-2026 pursuant to Senate Rule 18(1)
2/17/2026SenatePublic hearing requirement waived by committee on Senate Organization, pursuant to Senate Rule 18 (1m), Ayes 3, Noes 2
2/17/2026SenateFiscal estimate received
2/3/2026SenateAvailable for scheduling
1/23/2026SenateRead first time and referred to committee on Senate Organization
1/23/2026SenateReceived from Assembly
1/20/2026SenateOrdered immediately messaged
1/20/2026HouseRead a third time and passed
1/20/2026HouseRules suspended
1/20/2026HouseOrdered to a third reading
1/20/2026HouseRead a second time
1/20/2026HousePlaced on calendar 1-20-2026 by Committee on Rules
1/14/2026HouseReferred to committee on Rules
1/14/2026HouseReport passage recommended by Committee on Criminal Justice and Public Safety, Ayes 13, Noes 0
1/14/2026HouseExecutive action taken
1/6/2026House
Bill Text
Bill Text
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