Senate Bill 634
Procedures for establishing a claim to abandoned, intangible property and interest due on property determined to be abandoned and due to be paid or delivered to the Department of Revenue. (FE)
Stopped in committee
It never got a , so it never came up for a vote. To try again, a lawmaker would have to start a new bill.
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Introduced, passed
Feb 26, 2014
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Committee, stopped here
Stopped here. No public hearing was held.
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Senate vote, not reached
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Assembly vote, not reached
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Governor, not reached
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Law, not reached
Latest entry in the official record, Apr 8, 2014: “Failed to pass pursuant to ”
It never got a hearing in the Senate Committee on Workforce Development, Forestry, Mining, and Revenue. See every bill that never got a hearing this session.
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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.
Public hearing
A meeting where anyone can speak to a committee about a bill, or send written comments.
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
What it would have done
Summary by the , the Legislature's nonpartisan drafting office. It's their wording, not ours.
Under current law, a person who holds property that has been determined to be abandoned by the owner of the property must pay or deliver that property to the Department of Revenue (department). If the person who holds the property fails to pay or deliver the property within the time required by law, the person must pay interest on the property or the value of the property at the annual rate of 18 percent from the date the property should have been paid or delivered. Under this bill, the department may only require a person to pay interest on the property if the person has willfully neglected to pay or deliver the property in a timely manner. The bill also changes the interest rate from 18 percent to 12 percent.
Under current law, a person may claim an interest in abandoned, intangible property by filing a claim with the department. Intangible property is presumed to be abandoned if it is held, issued, or owing in the ordinary course of a holder's business and it has remained unclaimed by the owner for more than five years after it became payable or distributable. Current law requires the department to consider each claim within 90 days after the claim is filed. The department may also refer a claim to the attorney general for an opinion on whether to either allow the claim or deny the claim in whole or in part.
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A person aggrieved by a decision of the department or whose claim has not been acted upon within 90 days (claimant) may, under current law, bring an action to establish the claim in circuit court. If, in circuit court, the claimant establishes the claim against the department, the court must award costs and reasonable attorney fees to the claimant.
This bill permits a claimant to petition for judicial review of the decision or inaction of the department under chapter 227 of the Wisconsin Statutes; chapter 227 establishes uniform procedures for the review of administrative actions and decisions. The bill also eliminates the mandatory award of costs and reasonable attorneys fees to a claimant who prevails against the department in circuit court in those cases in which the circuit court determines the department was substantially justified in taking its position or in which special circumstances exist that would make the award of costs and attorney fees unjust.
Who's behind it
3 senators are its . 2 are Democrats and 1 is a Republican.
1 more lawmaker .
See all 4 names Hide the names
Authors (3)
- Glenn Grothman · Republican, Senate
- Lena Taylor · Democrat, Senate
- Fred A. Risser · Democrat, Senate
Signed on in support (1)
- Dave Murphy · Republican, Assembly
What it would cost
State agencies filed a . Each opens as a PDF from the Legislature.
What happened
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Apr 8, 2014
The session ended, and the bill died with it.
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Mar 14, 2014
A state agency sent in its estimate of the cost.
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Mar 13, 2014
A state agency sent in its estimate of the cost.
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Feb 26, 2014
Sent to the Senate Committee on Workforce Development, Forestry, Mining, and Revenue.
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Feb 26, 2014
Introduced in the Senate.
See the official record, word for word Hide the official record
- Feb 26, 2014 · Senate
Introduced by Senators Grothman, Risser and L. Taylor; cosponsored by Representative Murphy
- Feb 26, 2014 · Senate
Read first time and referred to Committee on Workforce Development, Forestry, Mining, and Revenue
- Mar 13, 2014 · Senate
Fiscal estimate received
- Mar 14, 2014 · Senate
Fiscal estimate received
- Apr 8, 2014 · Senate
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.
Public hearing
A meeting where anyone can speak to a committee about a bill, or send written comments.
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
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.
Public hearing
A meeting where anyone can speak to a committee about a bill, or send written comments.
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