Assembly
Record of Committee Proceedings
Committee on Judiciary
Assembly Bill 773
Relating to: formation of mutual insurance holding companies, requiring the exercise of rule-making authority and making an appropriation.
By Representatives Green, Krug, Lorge, Meyer, Jensen, Plale, Ward, Kunicki, Underheim, Hanson, Gard, Huber, Schafer, Riley, Albers, Bock, Brandemuehl, Carpenter, Duff, Cullen, Freese, Hasenohrl, Goetsch, Kreuser, Grothman, La Fave, Hahn, J. Lehman, Hoven, Linton, Handrick, Murat, Kaufert, Springer, Kedzie, Staskunas, Klusman, Wasserman, Kreibich, Ladwig, F. Lasee, Lazich, M. Lehman, Musser, Nass, Ott, Ourada, Porter, Seratti, Vrakas, Walker, Coggs and R. Potter; cosponsored by Senators Moen, Schultz, Burke, Huelsman, Shibilski, Panzer, Moore, Darling, Decker, Welch, Grobschmidt, Fitzgerald, Breske, Farrow, C. Potter, Rude, Wineke, Roessler, Weeden, George, Rosenzweig and Jauch.
February 10, 1998 Referred to committee on Judiciary.
February 17, 1998
PUBLIC HEARING HELD
Present: (9) Representatives Green, Grothman, Freese, Vrakas, Kelso, Huber, Notestein, Hubler and Cullen.
Absent: (0) None.
· Representative Mark Green, 4th District
· Senator Dale Schultz, 17th District
· John M. Bremer, Northwestern Mutual Life Ins. Co.
· Randy Blumer, Acting Commissioner of Insurance
· Robert Mucci, National Guardian
· Stan Hoffert, Wausau Ins. Companies
· Eric Englund, WI Insurance Alliance
· None.
· Phillip Barnett, Morgan Stanley
· Michael R. Vaughan, WI Bankers Assoc.
· Senator Robert Welch, 14th District
· Senator Brian Burke, 3rd District
· Senator Rod Moen, 31st District
· Representative Walter Kunicki, 8th District
· Ron Kuehn, WI Association of Life Underwriters
· John D. Larson, National Guardian Life Ins. Co.
· D. C. Sugan, National Guardian Life Ins.
· Judd Schemmel, CUNA Mutual Group
· Senator Alberta Darling, 8th District
· None.
March 3, 1998
EXECUTIVE SESSION
Present: (9) Representatives Green, Grothman, Freese, Vrakas, Kelso, Huber, Notestein, Hubler and Cullen.
Absent: (0) None.
Representative Green asked for Unanimous Consent for all Assembly Amendments to 1997 Assembly Bill 773. Granted.
Moved by Representative Hubler, seconded by Representative Freese, that
Assembly Amendment LRBa1724/2 to 1997 Assembly Bill 773
be recommended for adoption.
Ayes: (8) Representative Green, Grothman, Freese, Vrakas, Kelso, Huber, Notestein and Hubler.
Noes: (1) Cullen.
Absent: (0) None.
ADOPTION RECOMMENDED, Ayes 8, Noes 1, Absent 0
Moved by Representative Hubler, seconded by Representative Freese, that
Assembly Amendment LRBa1841/1 to 1997 Assembly Bill 773
be recommended for adoption.
Ayes: (9) Representative Green, Grothman, Freese, Vrakas, Kelso, Huber, Notestein, Hubler and Cullen.
Noes: (0) None.
Absent: (0) None.
ADOPTION RECOMMENDED, Ayes 9, Noes 0, Absent 0
Moved by Representative Freese, seconded by Representative Hubler, that
Assembly Bill 773
be recommended for passage as amended.
Ayes: (9) Representatives Green, Grothman, Freese, Vrakas, Kelso, Huber, Notestein, Hubler and Cullen.
Noes: (0) None.
Absent: (0) None.
PASSAGE AS AMENDED RECOMMENDED, Ayes 9, Noes 0, Absent 0
Julie Conley
Committee Clerk
