Assembly
Record of Committee Proceedings
Committee on Financial Institutions
Assembly Bill 832
Relating to: in-state branches of out-of-state banks; examination of state banks and trust company banks by the division of banking; action without a meeting by a bank's board of directors; dividend rights on capital stock; providing an exemption from emergency rule procedures; and granting rulemaking authority.
By the Committee on Financial Institutions, by request of the Department of Financial Institutions.
February 25, 1998 Referred to committee on Financial Institutions.
February 25, 1998
PUBLIC HEARING HELD
Present: (14) Representatives Ward, Hoven, Green, Lazich, Foti, Kedzie, Schafer, Sykora, R. Potter, Travis, La Fave, Meyer, Morris-Tatum and Murat.
Absent: (1) Representative Plale.
· Secretary Richard Dean, Secretary of Dept. of Financial Institutions
· Michael Mach, Dept. of Financial Institutions
· None.
· None.
· Dave Anderson, Dept. of Financial Institutions
· Kurt Bauer, Wisconsin Bankers Association
· Daryll Lund, Community Bankers Association
· 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 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 Green, seconded by Representative Foti, that
Assembly Bill 832
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
