AB563

AB563 AB563
Senate
Record of Committee Proceedings

Committee on Privacy, Electronic Commerce and Financial Institutions

Assembly Bill 563
Relating to: the creation of a new type of financial institution; the powers of and requirements applicable to these financial institutions; providing an exemption from emergency rule procedures; and granting rule-making authority.
By Representative Jeskewitz, Rhoades, Kelso, Ward, Riley, F. Lasee, Huebsch, Plale, Jensen, Kestell, Ladwig, Staskunas, Montgomery, Hahn, Spillner, Owens, Ziegelbauer, Vrakas, Gronemus, Stone, Duff, Kedzie, Miller, Hoven, Leibham, Olsen, Hundertmark, Reynolds, Suder, Pettis, Walker, Klusman, Sykora, Grothman, Kreibich, Lassa; cosponsored by Senator Moore, Fitzgerald, Welch, Darling, Rosenzweig, Lazich, Rude, Drzewiecki, Farrow, Zien.

February 10, 2000 Referred to Committee on Privacy, Electronic Commerce and Financial Institutions.

March 8, 2000 PUBLIC HEARING HELD

Present: (4) Senators Erpenbach, Plache, Rude and Fitzgerald.
Absent: (1) Senator Jauch.

Appearances for
· Representative Sue Jeskewitz
· Senator Gwen Moore
· Michael Mach, Department of Financial Institutions
· John Knight, Wisconsin Bankers Association
· Joseph Zaffino, Wisconsin Bankers Association
· Ronald W. Jodat

Appearances against
· Representative Marlin Schneider

Appearances for Information Only
· M. Colleen Wilson, State Medical Society of Wisconsin

Registrations for
· Senator Gary Drzewiecki
· Senator Peggy Rosenzweig
· Harry J. Argue, Wisconsin Bankers Association
· Michael Helser
· Mark Timmerman
· Ed Kinney
· Brian Zimpars
· Bob Halbleib
· Douglas Timmerman
· Peter Aarsvold
· Todd Cegelski
· James E. Hough, Wisconsin Mortgage Bankers Association
· Tim Elverman
· J. Anthony Cattelino
· Allen Knuth
· David B. Phillips

Registrations against
· None.

March 30, 2000 Failed to concur in pursuant to Senate Joint Resolution 1.





Committee Clerk