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Wisconsin Legislature: SB909: Bill Text
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SB909: Bill Text
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2025 - 2026 LEGISLATURE
LRB-6058/1
ARG:cdc
2025 SENATE BILL 909
January 27, 2026 - Introduced by
Law Revision Committee
. Referred to Committee on Senate Organization.
SB909,1,4
1
An Act
to amend
203.02 (3) of the statutes;
relating to:
correcting a cross-
2
reference related to enforcement of regulations applicable to earned wage
3
access service providers (suggested as remedial legislation by the Department
4
of Financial Institutions).
Analysis by the Legislative Reference Bureau
This bill corrects a statutory cross-reference related to the enforcement authority of the Division of Banking (division) in the Department of Financial Institutions.
Under current law, the division licenses and regulates providers of earned wage access services. The division also licenses and regulates money transmitters.
The bill corrects a statutory cross-reference in a provision specifying that the division has the same power to conduct hearings, take testimony, and secure evidence in regulating earned wage access service providers that it has in regulating money transmitters.
For further information, see the
Notes
provided by the Law Revision Committee of the Joint Legislative Council.
The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:
Law Revision Committee prefatory note:
This bill is a remedial legislation proposal, requested by the Department of Financial Institutions and introduced by the Law Revision Committee under s. 13.83 (1) (c) 4. and 5., stats. After careful consideration of the various provisions of the bill, the Law Revision Committee has determined that this bill makes minor substantive changes in the statutes, and that these changes are desirable as a matter of public policy.
SB909,1
1
Section
1
.
203.02 (3) of the statutes is amended to read:
SB909,2,3
2
203.02
(3)
The division has the same power to conduct hearings, take
3
testimony, and secure evidence as is provided in
ss. 217.17 and 217.18
s. 217.11
.
Note:
This S
ection
deletes cross-references to two statutory sections that were recodified and replaces them with the updated statutory citation.
SB909,2,4
4
(end)
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proposaltext/2025/REG/SB909
proposaltext/2025/REG/SB909
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