Assembly Bill 542
Treatment of abandoned employee retirement accounts under a retirement system of a 1st class city
Topics: Legislature: Retirement Systems, Joint Survey Committee on, Public employee, Retirement: Public, Treasurer: State
Stopped before the full Assembly voted
The recommended passing it, but the full Assembly never voted on it. To try again, a lawmaker would have to start a new bill.
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Introduced, passed
Nov 3, 2009
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Committee, passed
Approved
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Assembly vote, stopped here
Stopped here. The full Assembly never voted on it.
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Senate vote, not reached
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Governor, not reached
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Law, not reached
Latest entry in the official record, Apr 28, 2010: “Failed to pass pursuant to ”
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Terms on this page
Committee
A small group of lawmakers that looks at a bill first. Most bills never leave committee.
Senate Joint Resolution 1
The session's calendar. Any bill not passed by its last voting day dies.
Official term: Failed to pass pursuant to SJR 1. More in the glossary
Legislative Reference Bureau
The Legislature's nonpartisan office that drafts bills and writes the summary at the top of each one.
Official term: LRB analysis. More in the glossary
Author
A lawmaker who formally puts a bill forward. The text itself is drafted by the Legislative Reference Bureau.
Official term: Author, coauthor. More in the glossary
Signed on in support
Lawmakers who back a bill without being one of its authors, often from the other chamber.
Official term: Cosponsor. More in the glossary
Cost estimate
A state agency's estimate of what a bill would cost or save.
Official term: Fiscal estimate. More in the glossary
Roll call
A vote where each lawmaker's yes or no is recorded by name.
Official term: Roll call vote. More in the glossary
What it would have done
Summary by the , the Legislature's nonpartisan drafting office. It's their wording, not ours.
Under the Uniform Unclaimed Property Act, all intangible property held by a governmental subdivision or agency that remains unclaimed for more than a year after it becomes payable or distributable is presumed abandoned. Once intangible property is presumed abandoned, it is subject to the custody of the state as unclaimed property. This bill provides that funds held in employee accounts of a retirement system of a 1st class city, which become abandoned, are not subject to the custody of the state as unclaimed property, but may be retained by the retirement system for purposes of reducing employer funding obligations to the retirement system.
(Currently, the only retirement system of a 1st class city is the City of Milwaukee Employes' Retirement System.) The bill specifically authorizes the board of any retirement system of a 1st class city to devise rules and regulations for determining the conditions under which employee retirement accounts are presumed abandoned and for determining the manner in which funds in the abandoned employee retirement accounts may be used to reduce employer funding obligations to the retirement system.
Read the full summary Show less
Because this bill relates to public employee retirement or pensions, it may be referred to the Joint Survey Committee on Retirement Systems for a report to be printed as an appendix to the bill.
Who's behind it
9 lawmakers are its . 6 are Democrats and 3 are Republicans.
4 more lawmakers .
See all 13 names Hide the names
Authors (9)
- Joan Ballweg · Republican, Senate
- David Cullen · Democrat, Assembly
- Jason Fields · Democrat, Assembly
- Mark Gottlieb · Republican, Assembly
- Steve Kestell · Republican, Assembly
- Sandy Pasch · Democrat, Assembly
- Christine Sinicki · Democrat, Assembly
- Barbara Toles · Democrat, Assembly
- Josh Zepnick · Democrat, Assembly
Signed on in support (4)
- Spencer Coggs · Democrat, Senate
- Alberta Darling · Republican, Senate
- Jim Sullivan · Democrat, Senate
- Lena Taylor · Democrat, Senate
What it would cost
State agencies filed a . Each opens as a PDF from the Legislature.
How lawmakers voted
There was one vote on this bill.
Assembly Committee on Urban and Local Affairs vote to recommend it
Passed, 8 to 0 · Feb 26, 2010
No member-by-member record exists for this vote. Committee votes and some older sessions record totals only.
Official motion: “Report passage recommended by committee on Urban and Local Affairs, Ayes 8, Noes 0”. Official record · This vote on its own page
What happened
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Apr 28, 2010
The session ended, and the bill died with it.
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Apr 13, 2010
“Placed at the foot of the calendar of 4-13-2010” (the official wording)
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Mar 30, 2010
Sent to the Assembly Committee on Rules.
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Feb 26, 2010
The committee voted to recommend passing it, 8 to 0.
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Jan 20, 2010
The committee held a public hearing.
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Nov 11, 2009
A state agency sent in its estimate of the cost.
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Nov 3, 2009
A state agency sent in its estimate of the cost.
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Nov 3, 2009
Sent to the Assembly Committee on joint survey committee on Retirement Systems.
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Nov 3, 2009
Sent to the Assembly Committee on Urban and Local Affairs.
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Nov 3, 2009
Introduced in the Assembly.
See the official record, word for word Hide the official record
- Nov 3, 2009 · Assembly
Introduced by Representatives Fields, Ballweg, Cullen, Gottlieb, Kestell, Sinicki, Toles, Zepnick and Pasch;Cosponsored by Senators Taylor, Darling, Sullivan and Coggs
- Nov 3, 2009 · Assembly
Read first time and referred to committee on Urban and Local Affairs
- Nov 3, 2009 · Assembly
Read first time and referred to joint survey committee on Retirement Systems
- Nov 3, 2009 · Assembly
Fiscal estimate received
- Nov 11, 2009 · Assembly
Fiscal estimate received
- Jan 20, 2010 · Assembly
Public hearing held by committee on Urban and Local Affairs
- Feb 24, 2010 · Assembly
Executive action taken by committee on Urban and Local Affairs
- Feb 26, 2010 · Assembly
Report passage recommended by committee on Urban and Local Affairs, Ayes 8, Noes 0
- Mar 30, 2010 · Assembly
Referred to committee on Rules
- Apr 7, 2010 · Assembly
Placed on calendar 4-13-2010 by committee on Rules
- Apr 13, 2010 · Assembly
Placed at the foot of the calendar of 4-13-2010
- Apr 13, 2010 · Assembly
Laid on the table
- Apr 28, 2010 · Assembly
Failed to pass pursuant to Senate Joint Resolution 1
Terms on this page
Committee
A small group of lawmakers that looks at a bill first. Most bills never leave committee.
Senate Joint Resolution 1
The session's calendar. Any bill not passed by its last voting day dies.
Official term: Failed to pass pursuant to SJR 1. More in the glossary
Legislative Reference Bureau
The Legislature's nonpartisan office that drafts bills and writes the summary at the top of each one.
Official term: LRB analysis. More in the glossary
Author
A lawmaker who formally puts a bill forward. The text itself is drafted by the Legislative Reference Bureau.
Official term: Author, coauthor. More in the glossary
Signed on in support
Lawmakers who back a bill without being one of its authors, often from the other chamber.
Official term: Cosponsor. More in the glossary
Cost estimate
A state agency's estimate of what a bill would cost or save.
Official term: Fiscal estimate. More in the glossary
Roll call
A vote where each lawmaker's yes or no is recorded by name.
Official term: Roll call vote. More in the glossary
From the Wisconsin Legislature's official record, checked Sep 15, 2026. See the source
Committee
A small group of lawmakers that looks at a bill first. Most bills never leave committee.
Senate Joint Resolution 1
The session's calendar. Any bill not passed by its last voting day dies.
Official term: Failed to pass pursuant to SJR 1
Legislative Reference Bureau
The Legislature's nonpartisan office that drafts bills and writes the summary at the top of each one.
Official term: LRB analysis
Signed on in support
Lawmakers who back a bill without being one of its authors, often from the other chamber.
Official term: Cosponsor
Cost estimate
A state agency's estimate of what a bill would cost or save.
Official term: Fiscal estimate
Roll call
A vote where each lawmaker's yes or no is recorded by name.
Official term: Roll call vote