Assembly Bill 325
The Revised Uniform Unclaimed Property Act. (FE)
Became law
The governor signed it on Nov 8, 2021. It's .
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Introduced, passed
May 13, 2021
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Committee, passed
Approved
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Assembly vote, passed
Passed Jun 22, 2021
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Senate vote, passed
Passed Oct 25, 2021
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Governor, passed
Signed
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Law, here now
2021 Wisconsin Act 87
Latest entry in the official record, Nov 8, 2021: “Published 11-6-2021”
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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.
This bill adopts the Revised Uniform Unclaimed Property Act (the act), as approved by the Uniform Law Commission, also known as the National Conference of Commissioners on Uniform State Laws. The act under current law is based on earlier versions of the act that were last updated in 1995. The act requires a holder of unclaimed property to submit that property to the state after a certain time has passed, a period referred to as a dormancy period. The state then attempts to return the property to its rightful owner. Generally, if the state is unable to return the property to its owner, the state may retain the property. Under current law, a holder of unclaimed property submits the property to the secretary of revenue who is the administrator of the act. The bill designates the Department of Revenue as the administrator and makes various changes to the act in order to make the act easier to administer. For example, the bill updates the act to address the disposition of unclaimed gift cards, life insurance benefits, securities, and virtual currencies. The bill also organizes the act chapter into subchapters in order to facilitate the act's administration.
Who's behind it
Tyler August, a Republican, is its .
3 more lawmakers .
See all 4 names Hide the names
Author (1)
- Tyler August · Republican, Assembly
Signed on in support (3)
- Tip McGuire · Democrat, Assembly
- Jerry Petrowski · Republican, Senate
- Jeff Smith · Democrat, Senate
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 6 votes on this bill.
Assembly Committee on State Affairs vote to recommend it
Passed, 11 to 0 · Jun 16, 2021
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 State Affairs, Ayes 11, Noes 0”. Official record · This vote on its own page
Senate Committee on Financial Institutions and Revenue vote on an amendment
Passed, 5 to 0 · Oct 20, 2021
No member-by-member record exists for this vote. Committee votes and some older sessions record totals only.
Official motion: “Report adoption of Senate Amendment 1 recommended by Committee on Financial Institutions and Revenue, Ayes 5, Noes 0”. Official record · This vote on its own page
Senate Committee on Financial Institutions and Revenue vote on an amendment
Passed, 5 to 0 · Oct 20, 2021
No member-by-member record exists for this vote. Committee votes and some older sessions record totals only.
Official motion: “Report adoption of Senate Amendment 2 recommended by Committee on Financial Institutions and Revenue, Ayes 5, Noes 0”. Official record · This vote on its own page
Senate Committee on Financial Institutions and Revenue vote to recommend it
Passed, 5 to 0 · Oct 20, 2021
No member-by-member record exists for this vote. Committee votes and some older sessions record totals only.
Official motion: “Report concurrence as amended recommended by Committee on Financial Institutions and Revenue, Ayes 5, Noes 0”. Official record · This vote on its own page
Senate vote
Passed, 5 to 0 · Oct 22, 2021
No member-by-member record exists for this vote. Committee votes and some older sessions record totals only.
Official motion: “Referred to joint committee on Finance by Committee on Senate Organization pursuant to Senate Rule 41 (1)(e), Ayes 5, Noes 0”. Official record · This vote on its own page
Senate vote
Passed, 5 to 0 · Oct 22, 2021
No member-by-member record exists for this vote. Committee votes and some older sessions record totals only.
Official motion: “Withdrawn 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”. Official record · This vote on its own page
What happened
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Nov 8, 2021
The new law was published.
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Nov 8, 2021
The governor signed it. It became 2021 Wisconsin Act 87.
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Nov 2, 2021
Sent to the governor.
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Oct 27, 2021
“Action ordered immediately messaged” (the official wording)
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Oct 25, 2021
The Assembly adopted it.
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Oct 25, 2021
The Senate passed it too.
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Oct 25, 2021
The Senate adopted it.
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Oct 22, 2021
“Withdrawn 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” (the official wording)
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Oct 22, 2021
Sent to the Joint Committee on Finance.
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Oct 20, 2021
The committee voted to recommend passing it, 5 to 0.
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Oct 20, 2021
“Report adoption of Senate Amendment 2 recommended by Committee on Financial Institutions and Revenue, Ayes 5, Noes 0” (the official wording)
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Oct 20, 2021
“Report adoption of Senate Amendment 1 recommended by Committee on Financial Institutions and Revenue, Ayes 5, Noes 0” (the official wording)
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Oct 14, 2021
The committee held a public hearing.
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Jun 24, 2021
Sent to the Senate Committee on Financial Institutions and Revenue.
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Jun 22, 2021
The Senate received it.
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Jun 22, 2021
The Assembly passed it.
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Jun 22, 2021
The Assembly adopted it.
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Jun 16, 2021
Sent to the Assembly Committee on Rules.
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Jun 16, 2021
The committee voted to recommend passing it, 11 to 0.
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Jun 8, 2021
The committee held a public hearing.
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Jun 7, 2021 to Jun 8, 2021
1 more representative and 1 senator signed on in support.
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May 21, 2021
A state agency sent in its estimate of the cost.
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May 13, 2021
Sent to the Assembly Committee on State Affairs.
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May 13, 2021
Introduced in the Assembly.
See the official record, word for word Hide the official record
- May 13, 2021 · Assembly
Introduced by Representative August; cosponsored by Senator Petrowski
- May 13, 2021 · Assembly
Read first time and referred to Committee on State Affairs
- May 21, 2021 · Assembly
Fiscal estimate received
- Jun 7, 2021 · Assembly
Representative McGuire added as a coauthor
- Jun 8, 2021 · Assembly
Senator Smith added as a cosponsor
- Jun 8, 2021 · Assembly
Public hearing held
- Jun 10, 2021 · Assembly
Executive action taken
- Jun 16, 2021 · Assembly
Report passage recommended by Committee on State Affairs, Ayes 11, Noes 0
- Jun 16, 2021 · Assembly
Referred to committee on Rules
- Jun 16, 2021 · Assembly
Placed on calendar 6-22-2021 by Committee on Rules
- Jun 17, 2021 · Assembly
Assembly Amendment 1 offered by Representative August
- Jun 22, 2021 · Assembly
Read a second time
- Jun 22, 2021 · Assembly
Assembly Amendment 1 adopted
- Jun 22, 2021 · Assembly
Ordered to a third reading
- Jun 22, 2021 · Assembly
Rules suspended
- Jun 22, 2021 · Assembly
Read a third time and passed
- Jun 22, 2021 · Assembly
Ordered immediately messaged
- Jun 22, 2021 · Senate
Received from Assembly
- Jun 24, 2021 · Senate
Read first time and referred to committee on Financial Institutions and Revenue
- Oct 1, 2021 · Senate
Senate Amendment 1 offered by Senator Petrowski
- Oct 14, 2021 · Senate
Senate Amendment 2 offered by Senator Petrowski
- Oct 14, 2021 · Senate
Public hearing held
- Oct 19, 2021 · Senate
Executive action taken
- Oct 20, 2021 · Senate
Report adoption of Senate Amendment 1 recommended by Committee on Financial Institutions and Revenue, Ayes 5, Noes 0
- Oct 20, 2021 · Senate
Report adoption of Senate Amendment 2 recommended by Committee on Financial Institutions and Revenue, Ayes 5, Noes 0
- Oct 20, 2021 · Senate
Report concurrence as amended recommended by Committee on Financial Institutions and Revenue, Ayes 5, Noes 0
- Oct 20, 2021 · Senate
Available for scheduling
- Oct 22, 2021 · Senate
Referred to joint committee on Finance by Committee on Senate Organization pursuant to Senate Rule 41 (1)(e), Ayes 5, Noes 0
- Oct 22, 2021 · Senate
Withdrawn 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
- Oct 22, 2021 · Senate
Placed on calendar 10-25-2021 pursuant to Senate Rule 18(1)
- Oct 25, 2021 · Senate
Read a second time
- Oct 25, 2021 · Senate
Senate Amendment 1 adopted
- Oct 25, 2021 · Senate
Senate Amendment 2 withdrawn and returned to author
- Oct 25, 2021 · Senate
Ordered to a third reading
- Oct 25, 2021 · Senate
Rules suspended
- Oct 25, 2021 · Senate
Read a third time and concurred in as amended
- Oct 25, 2021 · Senate
Ordered immediately messaged
- Oct 25, 2021 · Assembly
Received from Senate amended and concurred in as amended (Senate amendment 1 adopted)
- Oct 27, 2021 · Assembly
Senate Amendment 1 concurred in
- Oct 27, 2021 · Assembly
Action ordered immediately messaged
- Nov 2, 2021 · Assembly
LRB correction
- Nov 2, 2021 · Assembly
Report correctly enrolled on 11-2-2021
- Nov 2, 2021 · Assembly
Presented to the Governor on 11-2-2021
- Nov 8, 2021 · Assembly
Report approved by the Governor on 11-5-2021. 2021 Wisconsin Act 87
- Nov 8, 2021 · Assembly
Published 11-6-2021
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