Senate Bill 307
Foreclosure on abandoned properties
Topics: Court: Procedure, Evidence, Housing, Mortgage, Newspaper and magazine, Real property
Became law
The governor signed it on Mar 22, 2012. It's .
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Introduced, passed
Nov 28, 2011
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Committee, passed
Approved
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Senate vote, passed
Passed Jan 17, 2012
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Assembly vote, passed
Passed Feb 16, 2012
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Governor, passed
Signed
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Law, here now
2011 Wisconsin Act 136
Latest entry in the official record, Mar 23, 2012: “Published 4-4-2012”
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Terms on this page
Wisconsin Act
The number a bill gets when it becomes law, like 2025 Wisconsin Act 12.
Official term: Act. 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 does
Summary by the , the Legislature's nonpartisan drafting office. It's their wording, not ours.
Under current law, in most mortgage foreclosure actions involving a home or other real property, if a homeowner (borrower) fails to pay the money he or she owes to the issuer of his or her mortgage (lender), a court may enter a judgment of foreclosure against the borrower and order that the property be sold at public auction in order to satisfy the debt the borrower owes to the lender. After the court has issued a judgment of foreclosure, the borrower may stop the sale of the home by paying off, within a certain period (redemption period), the amount he or she owes to the lender.
Under current law, abandoned properties have a two-month redemption period, while most other properties have a redemption period of either six or twelve months, depending on whether the sale of the home will satisfy the debt owed to the lender.
Read the full summary Show less
This bill shortens the redemption period for abandoned properties from two months to five weeks. The bill also lists some factors for determining whether a property has been abandoned and allows the court to receive evidence from a representative of the city, town, village, or county where the property is located as to whether the property has been abandoned.
Who's behind it
3 senators are its . 2 are Democrats and 1 is a Republican.
8 more lawmakers .
See all 11 names Hide the names
Authors (3)
- Tim Carpenter · Democrat, Senate
- Glenn Grothman · Republican, Senate
- Lena Taylor · Democrat, Senate
Signed on in support (8)
- Jason Fields · Democrat, Assembly
- Howard Marklein · Republican, Senate
- Cory Mason · Democrat, Assembly
- Richard Spanbauer · Republican, Assembly
- Tony Staskunas · Democrat, Assembly
- Jeffrey Stone · Republican, Assembly
- Duey Stroebel · Republican, Senate
- Josh Zepnick · Democrat, Assembly
What it would cost
State agencies filed a . Each opens as a PDF from the Legislature.
Versions and amendments
Every text the Legislature printed for this bill, including proposed changes. Each opens on the Legislature's site.
How lawmakers voted
There were 2 votes on this bill.
Senate Committee on Financial Institutions and Rural Issues vote on an amendment
Passed, 5 to 0 · Jan 5, 2012
No member-by-member record exists for this vote. Committee votes and some older sessions record totals only.
Official motion: “Report introduction and adoption of Senate Amendment 1 recommended by committee on Financial Institutions and Rural Issues, Ayes 5, Noes 0 by committee on Financial Institutions and Rural Issues”. Official record · This vote on its own page
Assembly Committee on Financial Institutions vote to recommend it
Passed, 13 to 0 · Feb 13, 2012
No member-by-member record exists for this vote. Committee votes and some older sessions record totals only.
Official motion: “Report concurrence recommended by committee on Financial Institutions, Ayes 13, Noes 0”. Official record · This vote on its own page
What happened
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Mar 23, 2012
The new law was published.
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Mar 22, 2012
The governor signed it. It became 2011 Wisconsin Act 136.
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Mar 20, 2012
Sent to the governor.
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Feb 16, 2012
The Assembly passed it too.
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Feb 13, 2012
Sent to the Assembly Committee on Rules.
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Feb 13, 2012
The committee voted to recommend passing it, 13 to 0.
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Feb 1, 2012
The committee held a public hearing.
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Jan 24, 2012
Sent to the Assembly Committee on Financial Institutions.
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Jan 24, 2012
The Assembly received it.
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Jan 17, 2012
The Senate passed it.
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Jan 17, 2012
The Senate adopted it.
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Jan 10, 2012
A state agency sent in its estimate of the cost.
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Jan 5, 2012
The committee voted to recommend passing it, 5 to 0.
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Nov 30, 2011
The committee held a public hearing.
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Nov 28, 2011
Sent to the Senate Committee on Financial Institutions and Rural Issues.
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Nov 28, 2011
Introduced in the Senate.
See the official record, word for word Hide the official record
- Nov 28, 2011 · Senate
Introduced by Senators Grothman, Taylor and Carpenter;Cosponsored by Representatives Fields, Marklein, Spanbauer, Mason, Staskunas, Stone, Stroebel and Zepnick
- Nov 28, 2011 · Senate
Read first time and referred to committee on Financial Institutions and Rural Issues
- Nov 30, 2011 · Senate
Public hearing held
- Jan 4, 2012 · Senate
Executive action taken
- Jan 5, 2012 · Senate
Report introduction and adoption of Senate Amendment 1 recommended by committee on Financial Institutions and Rural Issues, Ayes 5, Noes 0 by committee on Financial Institutions and Rural Issues
- Jan 5, 2012 · Senate
Report passage as amended recommended by committee on Financial Institutions and Rural Issues, Ayes 5, Noes 0
- Jan 5, 2012 · Senate
Available for scheduling
- Jan 10, 2012 · Senate
Fiscal estimate received
- Jan 12, 2012 · Senate
Placed on calendar 1-17-2012 pursuant to Senate Rule 18(1)
- Jan 17, 2012 · Senate
Read a second time
- Jan 17, 2012 · Senate
Senate amendment 1 adopted
- Jan 17, 2012 · Senate
- Jan 17, 2012 · Senate
Senate amendment 2 adopted
- Jan 17, 2012 · Senate
Ordered to a third reading
- Jan 17, 2012 · Senate
Rules suspended
- Jan 17, 2012 · Senate
Read a third time and passed
- Jan 24, 2012 · Senate
Ordered immediately messaged
- Jan 24, 2012 · Assembly
Received from Senate
- Jan 24, 2012 · Assembly
Read first time and referred to committee on Financial Institutions
- Feb 1, 2012 · Assembly
Public hearing held
- Feb 1, 2012 · Assembly
Executive action taken
- Feb 13, 2012 · Assembly
Report concurrence recommended by committee on Financial Institutions, Ayes 13, Noes 0
- Feb 13, 2012 · Assembly
Referred to committee on Rules
- Feb 14, 2012 · Assembly
Placed on calendar 2-16-2012 by committee on Rules
- Feb 16, 2012 · Assembly
Read a second time
- Feb 16, 2012 · Assembly
Ordered to a third reading
- Feb 16, 2012 · Assembly
Rules suspended
- Feb 16, 2012 · Assembly
Read a third time and concurred in
- Feb 16, 2012 · Assembly
Ordered immediately messaged
- Feb 17, 2012 · Senate
Received from Assembly concurred in
- Mar 12, 2012 · Senate
Report correctly enrolled on 3-12-2012
- Mar 20, 2012 · Senate
Presented to the Governor on 3-20-2012
- Mar 22, 2012 · Senate
Report approved by the Governor on 3-21-2012. 2011 Wisconsin Act 136
- Mar 23, 2012 · Senate
Published 4-4-2012
Terms on this page
Wisconsin Act
The number a bill gets when it becomes law, like 2025 Wisconsin Act 12.
Official term: Act. 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
Wisconsin Act
The number a bill gets when it becomes law, like 2025 Wisconsin Act 12.
Official term: Act
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