Assembly
Record of Committee Proceedings
Committee on Financial Institutions
Assembly Bill 746
Relating to: “good funds" requirements for loan closings and the powers and duties of credit unions and their directors, officers, employes and members.
By Representative Ward; cosponsored by Senator C. Potter, by request of the Ginger Larson, Director of the Office of Credit Unions.
January 27, 1998 Referred to committee on Financial Institutions.
January 28, 1998
PUBLIC HEARING HELD
Present: (8) Representatives Ward, Lazich, Kedzie, Sykora, Travis, La Fave, Morris-Tatum and Plale.
Absent: (7) Representatives Hoven, Green, Foti, Schafer, R. Potter, Meyer and Murat.
· Pete Christianson, Wisconsin Land Title Association
· Ginger Larson, Office of Credit Unions
· None.
· None.
· John Dickert, WI Credit Union League
· Dave Anderson, Dept. of Financial Institutions
· RuthAnn Nelson, WI Federation of Co-ops
· None.
March 11, 1998
EXECUTIVE SESSION
Present: (15) Representatives Ward, Hoven, Green, Lazich, Foti, Kedzie, Schafer, Sykora, R. Potter, Travis, La Fave, Meyer, Morris-Tatum, Murat and Plale.
Absent: (0) None.
Moved by Representative Ward, seconded by , that
Assembly Substitute Amendment 1
be recommended for introduction and adoption.
Ayes: (15) Representatives Ward, Hoven, Green, Lazich, Foti, Kedzie, Schafer, Sykora, R. Potter, Travis, La Fave, Meyer, Morris-Tatum, Murat and Plale.
Noes: (0) None.
Absent: (0) None.
INTRODUCTION AND ADOPTION RECOMMENDED, Ayes 15, Noes 0, Absent 0
Moved by Representative Foti, seconded by Representative La Fave, that
Assembly Bill 746
be recommended for passage as amended.
Ayes: (15) Representatives Ward, Hoven, Green, Lazich, Foti, Kedzie, Schafer, Sykora, R. Potter, Travis, La Fave, Meyer, Morris-Tatum, Murat and Plale.
Noes: (0) None.
Absent: (0) None.
PASSAGE AS AMENDED RECOMMENDED, Ayes 15, Noes 0, Absent 0
AKoerner
Committee Clerk
