Wisconsin 2023-2024 Regular Session

Wisconsin Assembly Bill AB505

Introduced
10/18/23  
Refer
10/18/23  
Report Pass
2/14/24  
Refer
2/14/24  

Caption

Robbery of a financial institution and providing a penalty.

Impact

The implications of AB505 are substantial for state criminal laws. By categorizing these new circumstances under the same Class C felony as traditional robbery methods, it raises the stakes for offenders, leading to a maximum penalty of 40 years of imprisonment and fines up to $100,000. This change is aimed at increasing the protection of financial institutions and safeguarding individuals from potential harm during robberies.

Summary

Assembly Bill 505 (AB505) aims to amend current legislation on the robbery of financial institutions by introducing a new provision. This amendment categorizes the act of robbery not only for instances involving direct force or threats of imminent force but also includes situations where the perpetrator creates circumstances that would lead a reasonable person to believe that force is imminent. This broadens the definition of robbery significantly, enhancing the legal repercussions for such crimes.

Conclusion

AB505 is positioned as a significant amendment to Wisconsin's criminal statutes concerning financial institutions, reflecting an ongoing effort to enhance security measures in response to evolving crime methodologies. Legislative actions and subsequent discussions will likely revolve around balancing necessary legal protections with safeguarding individual rights against potential overreach.

Contention

During the discussions surrounding AB505, there may be contention related to the expansion of what constitutes robbery. Critics might argue that the broadening of the robbery definition could lead to over-criminalization and potential misuse against individuals whose actions are misinterpreted. This could invoke discussions about due process and the adequacy of law enforcement to accurately assess situations based on reasonable perceptions of imminent force.

Companion Bills

No companion bills found.

Previously Filed As

WI HB343

Financial institutions; regulation of money transmitters, penalty.

WI SB1453

Financial institutions; discrimination prohibited, penalty.

WI HB2073

Financial institutions; discrimination prohibited, penalty.

WI SB5

Battery or threat to jurors and providing a penalty.

WI SB738

Providing for financial institutions; imposing duties on the Department of Aging and the Department of Banking and Securities; and imposing penalties.

WI HF475

A bill for an act relating to financial institution acceptance of negotiable instruments, and providing penalties.

WI SB489

Financial institutions and services; virtual currency kiosk operators, license required, penalties.

WI HB665

Financial institutions and services; virtual currency kiosk operators, license required, penalties.

WI HB1942

Financial institutions; regulation of money transmitters, penalty, effective date.

WI AB26

Battery or threat to jurors and providing a penalty.

Similar Bills

No similar bills found.