State Treasurer of Wisconsin
State Treasurer of Wisconsin | |
---|---|
Style |
|
Member of | Board of Commissioners of Public Lands |
Seat | Wisconsin State Capitol Madison, Wisconsin |
Appointer | General election |
Term length | Four years, no term limits |
Constituting instrument | Wisconsin Constitution of 1848, Article VI |
Inaugural holder | Jairus C. Fairchild |
Formation | June 7, 1848 |
Salary | $72,551[1] |
Website | Official page |
The state treasurer of Wisconsin is a constitutional officer in the
Election and term of office
The state treasurer is elected on Election Day in November, and takes office on the first Monday of the next January.[3] There is no limit to the number of terms a state treasurer may hold. From 1848 to 1968, the state treasurer was elected to a two-year term in the November general election. Since 1970, following ratification of a constitutional amendment in April 1967, the state treasurer has been elected to a four-year term.
In the event of a vacancy in the office of the state treasurer, the governor may appoint a replacement to fill the remainder of the term. The state treasurer may be removed from office through an impeachment trial.[4]
Powers and duties
In Wisconsin, the state treasurer is the chief banker of state government, signing checks, share drafts, and other drafts drawn on state funds by the Department of Administration; this role extends to the State Investment Fund and the Public Employee Trust Fund, which are managed by independent state agencies.[5][6][7] The state treasurer also makes certified copies of deeds, bonds, and other documents filed with his or her office and promotes Wisconsin's unclaimed property program.[8][9] Furthermore, the state treasurer assists in the administration of the County Mining Investment Fund and receives and deposits payments for certain Great Lakes fisheries-related surcharges into the Conservation Fund.[10][11][12][13] Occasional functions performed by the state treasurer include approving the amounts and sureties filed with the Department of Administration in connection to the Department of Revenue's receipt of paid income and franchise taxes, receiving payments from the Banking Division in connection with liquidation proceedings of banks, acknowledging the satisfaction and discharge of certain mortgages involving the state, and conducting training conferences for municipal clerks and treasurers.[14][15][16]
Aside from the office's functional responsibilities, the state treasurer is a member of the Board of Directors of the Insurance Security Fund and of the Board of Commissioners of Public Lands.[17][18]
Reduction of powers and office dissolution attempts
Since the 1990s, most duties vested in the state treasurer's office have gradually been eliminated or transferred to other state agencies. 1995 Wisconsin Act 27 eliminated the office's securities section, which had the responsibility of safekeeping securities purchased by the State of Wisconsin Investment Board.[19] 1997 Wisconsin Act 27 transferred the Division of Trust Lands and Investment to the Wisconsin Department of Administration.[20] Most notably, 2003 Wisconsin Act 33 transferred the cash and debt management functions of the state treasurer's office to the Department of Administration.[21] Moreover, 2011 Wisconsin Act 32 transferred the state's version of a 529 plan, known as EdVest, to the Department of Administration. The same act also transferred the Local Government Investment Pool and corresponding management services functions to the Department of Administration.[22] Later, 2013 Wisconsin Act 20 transferred the state treasurer's Unclaimed Property Program to the Wisconsin Department of Revenue.[23] As a result of these interagency transfers, the office of State Treasurer in Wisconsin is institutionally the weakest directly elected member of the National Association of State Treasurers, according to state-by-state analyses published by the Council of State Governments, and the only state treasurer nationwide not responsible for cash management.[24]
On October 27, 2015, the
List of state treasurers
Party | Treasurers |
---|---|
Republican | 23 |
Democratic | 9 |
Progressive | 1 |
None | 1 |
This is a list of state treasurers of Wisconsin.
Democratic Republican Progressive
# | Image | State Treasurer | Party | Took office | Left office[note 1] |
---|---|---|---|---|---|
1 | Jairus C. Fairchild | Democratic | June 7, 1848[27] | January 5, 1852 | |
2 | Edward H. Janssen[note 2] | Democratic | January 5, 1852[27] | January 7, 1856 | |
3 | Charles Kuehn | Democratic | January 7, 1856[27] | January 4, 1858 | |
4 | Samuel D. Hastings | Republican | January 4, 1858[27] | January 1, 1866 | |
5 | William E. Smith | Republican | January 1, 1866[27] | January 3, 1870 | |
6 | Henry Baetz | Republican | January 3, 1870[27] | January 5, 1874 | |
7 | Ferdinand Kuehn | Democratic | January 5, 1874[27] | January 7, 1878 | |
8 | Richard Guenther
|
Republican | January 7, 1878[27] | January 2, 1882 | |
9 | Edward C. McFetridge | Republican | January 2, 1882[27] | January 3, 1887 | |
10 | Henry B. Harshaw | Republican | January 3, 1887[27] | January 5, 1891 | |
11 | John Hunner | Democratic | January 5, 1891[27] | January 7, 1895 | |
12 | Sewell A. Peterson | Republican | January 7, 1895[27] | January 2, 1899 | |
13 | James O. Davidson | Republican | January 2, 1899[27] | January 5, 1903 | |
14 | John J. Kempf[note 3] | Republican | January 5, 1903 | July 30, 1904[29] | |
15 | Thomas M. Purtell[note 4] | Republican | July 30, 1904[29] | January 2, 1905 | |
16 | John J. Kempf | Republican | January 2, 1905[27] | January 7, 1907 | |
17 | Andrew H. Dahl | Republican | January 7, 1907[27] | January 6, 1913 | |
18 | Henry Johnson | Republican | January 6, 1913[27] | January 1, 1923 | |
19 | Solomon Levitan | Republican | January 1, 1923[27] | January 2, 1933 | |
20 | Robert K. Henry
|
Democratic | January 2, 1933[30] | January 4, 1937 | |
21 | Solomon Levitan | Progressive | January 4, 1937[31] | January 2, 1939 | |
22 | John M. Smith[note 5] | Republican | January 2, 1939[32] | August 17, 1947[29] | |
vacant | August 17, 1947 | August 19, 1947 | |||
23 | John L. Sonderegger[note 4][note 6] | Republican | August 19, 1947[29] | September 30, 1948[29] | |
vacant | September 30, 1948 | October 1, 1948 | |||
24 | Clyde M. Johnston[note 7] | none | October 1, 1948[29] | January 3, 1949 | |
25 | Warren R. Smith[note 5] | Republican | January 3, 1949[33] | December 4, 1957[29] | |
vacant | December 4, 1957 | December 5, 1957 | |||
26 | Dena A. Smith[note 4] | Republican | December 5, 1957[29] | January 5, 1959 | |
27 | Eugene M. Lamb | Democratic | January 5, 1959[34] | January 2, 1961 | |
28 | Dena A. Smith[note 5] | Republican | January 2, 1961[35] | February 20, 1968[29] | |
vacant | February 20, 1968 | February 21, 1968 | |||
29 | Harold W. Clemens[note 4] | Republican | February 21, 1968[29] | January 4, 1971 | |
30 | Charles P. Smith | Democratic | January 4, 1971[36] | January 7, 1991 | |
31 | Cathy Zeuske | Republican | January 7, 1991[37] | January 3, 1995 | |
32 | Jack Voight | Republican | January 3, 1995[38] | January 3, 2007 | |
33 | Dawn Marie Sass | Democratic | January 3, 2007[39] | January 3, 2011 | |
34 | Kurt W. Schuller | Republican | January 3, 2011 | January 5, 2015 | |
35 | Matt Adamczyk | Republican | January 5, 2015 | January 7, 2019 | |
36 | Sarah Godlewski | Democratic | January 7, 2019 | January 2, 2023 | |
37 | John Leiber | Republican | January 3, 2023 | Incumbent |
Notes
- ^ When there is no evidence to the contrary, it is assumed that state treasurers left office the same day their successors were sworn in.
- ^ Contemporary newspaper accounts indicate that the second state treasurer's surname was "Jansson";[28] recent editions of the Wisconsin Blue Books, however, list his surname as "Jansen".[29]
- ^ Failed to give the required bond.
- ^ a b c d Appointed to fill vacancy.
- ^ a b c Died in office.
- ^ Resigned to become state insurance commissioner.
- ^ Appointed from staff.
See also
References
- ^ Salaries of Wisconsin State Elected Officials (PDF) (Report). Wisconsin Legislative Reference Bureau. 2019. p. 2. Retrieved April 3, 2020.
- ^ "Article VI, Section 3, Wisconsin Constitution". Wisconsin Legislative Reference Bureau. Retrieved September 27, 2022.
- ]
- ]
- ^ "14.58 (1), Wis. Stats". Wisconsin Legislative Reference Bureau. Retrieved April 21, 2022.
- ^ "25.19 (1), Wis. Stats". Wisconsin Legislative Reference Bureau. Retrieved April 21, 2022.
- ^ "40.03 (4), Wis. Stats". Wisconsin Legislative Reference Bureau. Retrieved April 21, 2022.
- ^ "14.58 (11), Wis. Stats". Wisconsin Legislative Reference Bureau. Retrieved April 21, 2022.
- ^ "14.58 (4), Wis. Stats". Wisconsin Legislative Reference Bureau. Retrieved April 21, 2022.
- ^ "25.65, Wis. Stats". Wisconsin Legislative Reference Bureau. Retrieved April 21, 2022.
- ^ "29.984 (1) (f), Wis. Stats". Wisconsin Legislative Reference Bureau. Retrieved April 21, 2022.
- ^ "29.9905 (1) (d), Wis. Stats". Wisconsin Legislative Reference Bureau. Retrieved April 21, 2022.
- ^ "29.991 (1) (c), Wis. Stats". Wisconsin Legislative Reference Bureau. Retrieved April 21, 2022.
- ^ "708.07, Wis. Stats". Wisconsin Legislative Reference Bureau. Retrieved April 21, 2022.
- ^ "71.80 (1) (e), Wis. Stats". Wisconsin Legislative Reference Bureau. Retrieved April 21, 2022.
- ^ "221.0802, Wis. Stats". Wisconsin Legislative Reference Bureau. Retrieved April 21, 2022.
- ^ "646.12 (1) (a) 1., Wis. Stats". Wisconsin Legislative Reference Bureau. Retrieved April 21, 2022.
- ^ "Homepage". Board of Commissioners of Public Lands. Retrieved April 21, 2022.
- ^ "1995 Wisconsin Act 27". Wisconsin Legislative Reference Bureau. Retrieved July 6, 2021.
- ^ "1997 Wisconsin Act 27". Wisconsin Legislative Reference Bureau. Retrieved July 6, 2021.
- ^ "2003 Wisconsin Act 33" (PDF). Wisconsin Legislative Reference Bureau. Retrieved July 6, 2021.
- ^ "2011 Wisconsin Act 32" (PDF). Wisconsin Legislative Reference Bureau. Retrieved July 6, 2021.
- ^ "2013 Wisconsin Act 20". Wisconsin Legislative Reference Bureau. Retrieved July 6, 2021.
- ^ "Responsibilities of the Treasurer's Office" (PDF). The Council of State Governments. Retrieved July 6, 2021.
- ^ Wisconsin Legislative Reference Bureau, "2015 Enrolled Joint Resolution 7: Constitutional Amendment Approved on First Consideration to Eliminate the Office of the State Treasurer," June 2016
- ^ "Wisconsin voters choose to keep state treasurer's office". Wisconsin State Journal. 4 April 2018. Retrieved 5 April 2018.
- ^ a b c d e f g h i j k l m n o p q Anderson, William J. (1929). William A. Anderson (ed.). The Wisconsin blue book, 1929. Madison, Wisconsin: Democrat Printing Company. p. 148. Retrieved 2008-06-10.
- ^ "EDITORIAL CORRESPONDENCE: "Except these Bonds"" (PDF). Daily Free Democrat. Milwaukee, Wisconsin. January 20, 1852. p. 2. Retrieved 2008-08-25.
- ^ ISBN 978-0-9752820-2-1. Archived from the originalon 2011-08-11. Retrieved 2008-06-06.
- ^ "SCHMEDEMAN IS MADE GOVERNOR" (PDF). Ironwood Daily Globe. Ironwood, Michigan. January 2, 1933. p. 1. Retrieved 2008-08-24.
- ^ "New Administrations Started" (PDF). Oshkosh Daily Northwestern. Oshkosh, Wisconsin. January 4, 1937. p. 6. Retrieved 2008-08-24.
- ^ "Gov. Julius P. Heil Takes Office" (PDF). The Sheboygan Press. Sheboygan, Wisconsin. January 2, 1939. p. 1. Retrieved 2008-08-24.
- ^ "Rennebohm Inaugurated for Own Term as Governor" (PDF). Waukesha Daily Freeman. Waukesha, Wisconsin. January 3, 1949. p. 2. Retrieved 2008-08-24.
- ^ "Gaylord Nelson Becomes State's 34th Governor" (PDF). Stevens Point Daily Journal. Stevens Point, Wisconsin. January 5, 1959. p. 1. Retrieved 2008-08-24.
- ^ "State Officers Inaugurated" (PDF). Wisconsin State Journal. Madison, Wisconsin. January 3, 1961. p. 2. Retrieved 2008-08-24.
- ^ "Lucey Hopes to Bridge Troubled State Waters" (PDF). Wisconsin State Journal. Madison, Wisconsin. January 5, 1971. pp. 1–2. Retrieved 2008-08-24.
- ^ "Thompson takes oath, praises school choice" (PDF). Ironwood Daily Globe. Ironwood, Michigan. January 8, 1991. p. 7. Retrieved 2010-04-21.
- ^ "TWO CAPITOLS FEEL CHANGE IN THE AIR". St. Paul Pioneer Press. St. Paul, Minnesota. January 4, 1995. p. 1A. Retrieved 2010-04-21.
- ProQuest 263656000.