Wisconsin § 203.06 - Reporting requirements; books and records.
Full text of Wisconsin Wisconsin Statutes § 203.06 — Reporting requirements; books and records., with citation guidance and answers to common questions.
§ 203.06. Reporting requirements; books and records.
203.06(1) (1) On or before July 1 of each year, a provider required to be licensed under s. 203.03 (1) shall submit an annual report to the division that includes all of the following information related to earned wage access services the provider provided in this state during the prior year: 203.06(1)(a) (a) Gross revenue attributable to those earned wage access services. 203.06(1)(b) (b) The total number of transactions in which the provider provided proceeds to consumers. 203.06(1)(c) (c) The total number of unique consumers to whom the provider provided proceeds. 203.06(1)(d) (d) The total dollar amount of proceeds the provider provided to consumers. 203.06(1)(e) (e) The total dollar amount of fees, voluntary tips, gratuities, or other donations the provider received from consumers. 203.06(2) (2) Failure by a provider to submit a timely report as required under sub. (1) is grounds for disciplinary action by the division. 203.06(3) (3) The division shall keep confidential the information contained in the annual report under sub. (1) , and this information is not subject to public copying or inspection under s. 19.35 (1) , but the division may prepare and make publicly available an aggregated and anonymized analysis of the information submitted by all providers under this section. 203.06(4) (4) A provider required to be licensed under s. 203.03 (1) shall keep such books and records that, in the opinion of the division, will enable the division to determine whether the provider is in compliance with this chapter. The provider shall retain records related to proceeds for at least 2 years following the date on which proceeds are provided. The provider may keep books and records at a place of business located outside this state if the provider is able to readily produce those books and records for review by the division upon reasonable request by the division. 203.06 History History: 2023 a. 131 .
Source: official Wisconsin text · Last verified 2026-08-27
Frequently Asked Questions About Wisconsin § 203.06
What does Wisconsin Statutes § 203.06 cover?
Section 203.06 ("Reporting requirements; books and records.") is part of the Wisconsin Statutes, the codified statutory law of Wisconsin. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Wisconsin § 203.06?
A common citation format is "Wisconsin Statutes § 203.06" (Wisconsin). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Wisconsin law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Wisconsin official source linked on this page or consult a licensed Wisconsin attorney.
How does Wisconsin § 203.06 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Wisconsin can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Wisconsin.