WI SB647

Filing a claim with the Department of Revenue for another person's unclaimed property without consent and with intent to deprive the owner triggers a civil penalty equal to the total property value and constitutes a Class I felony

Locator services submitting claims under non-compliant agreements face penalties equal to the property value plus $1,000 (for property ≤$15,000) or plus $2,500 (for property >$15,000)

DOR must publish names, addresses, and penalty amounts of penalized locator services on its website within 90 days after appeal rights expire, with information remaining posted for at least 12 months

The Attorney General may represent the state or assist district attorneys in prosecuting fraudulent claim cases upon DOR request

DOR retains authority to waive civil penalties in whole or in part for both fraudulent claims and non-compliant locator service violations