Wisconsin Legislative Council ACT MEMO One Ea st Ma in Stre e t, Suite 401 • Ma dison, W I 53703 • (608) 266-1304 • le g.council@le gis.wisconsin.gov • http://www.le gis.wisconsin.gov/lc Prepared by: David Moore, Principal Attorney April 1, 2024 2023 Wisconsin Act 133 [2023 Senate Bill 485] Robbery of a Financial Institution The offense of robbery of a financial institution is committed when a person, by use of force or threat to use imminent force, takes money or property that is owned by or under the custody of another or control of a financial institution from an individual or in the presence of an individual. A person who commits this offense is guilty of a Class C felony. 2023 Wisconsin Act 133 provides that a person is also guilty of robbery of a financial institution if he or she creates circumstances that would cause a reasonable person to believe use of force was imminent. Effective date: March 23, 2024 For a full history of the bill, visit the Legislature’s bill history page. DM:ksm