AB849
AB849

Assembly
Record of Committee Proceedings

Committee on Financial Institutions

Assembly Bill 849
Relating to: regulating rental-purchase companies and granting rule-making authority.
By Representatives Urban, Olsen, Vrakas, Ladwig, Huebsch, Kreibich, Hahn and Musser.

March 7, 2000 Referred to committee on Financial Institutions.

March 7, 2000
PUBLIC HEARING HELD


Present: (15) None.

Absent: (0) None.


Appearances for

·
Peter Peshek, Wisconsin Rental Dealers Assn.

·
Bradley Denison, Rental Dealers

·
Jeff Lebakken, Lebakkens, Inc.

·
Representative Frank Urban


Appearances against

·
None.


Appearances for Information Only

·
Chris Green, Department of Financial Institutions


Registrations for

·
Dorthy Lebakken, Lebakkens Inc. of Wisconsin

·
Michael Barone, Rent-A-Center

·
Loren Lebakken, Lebakkens Inc. of Wisconsin

·
Jim Leonhart, Dewitt, Ross & Stevens

·
Michael Butikofer, Rent-a-Center

·
Jennifer Reed, Rent-A-Center

·
James Ramsey, Self

·
Mark Schmitz, Rent-A-Center


Registrations against

·
None.




March 21, 2000
EXECUTIVE SESSION


Present: (15) Representatives Jeskewitz, Kelso, Kedzie, Rhoades, Kreibich, Huebsch, Montgomery, Hoven, La Fave, Kreuser, Meyer, Morris-Tatum, Plale, Plouff and Turner.

Absent: (0) None.


Moved by Representative Kedzie, seconded by Representative Turner, that
Assembly Substitute Amendment 1
be recommended for introduction and adoption.


Ayes: (10) Representatives Jeskewitz, Kedzie, Rhoades, Kreibich, Montgomery, Hoven, La Fave, Meyer, Plouff and Turner.

Noes: (0) None.

Absent: (5) Representatives Kelso, Huebsch, Kreuser, Morris-Tatum and Plale.


INTRODUCTION AND ADOPTION RECOMMENDED, Ayes 10, Noes 0, Absent 5



Moved by Representative Kedzie, seconded by Representative Rhoades, that
Assembly Bill 849
be recommended for passage as amended.


Ayes: (12) Representatives Jeskewitz, Kelso, Kedzie, Rhoades, Kreibich, Huebsch, Montgomery, Hoven, Kreuser, Meyer, Plale and Plouff.

Noes: (2) Representatives La Fave and Morris-Tatum.

Absent: (1) Representative Turner.


PASSAGE AS AMENDED RECOMMENDED, Ayes 12, Noes 2, Absent 1






Rebecca Larson
Committee Clerk

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