AB111AB111
Assembly
Record of Committee Proceedings
Committee on Financial Institutions
Relating to: revising the Uniform Commercial Code Secured Transactions and related statutes and granting rule-making authority.
By Representative Cullen and Gundrum; cosponsored by Senator Huelsman and George.
February 8, 2001 Referred to Committee on Financial Institutions.
March 1, 2001 PUBLIC HEARING HELD
Present: (16) Representatives Jeskewitz, Montgomery, J. Fitzgerald, Hoven, Kedzie, Kreibich, Rhoades, Starzyk, Walker, La Fave, Plale, Plouff, Balow, Richards, Kreuser and Shilling.
· Senator Joanne Huelsman
· Representative David Cullen
· Emory Ireland, State Bar of WI, Milwaukee
· John McCabe, Uniform Law Commission, Chicago
· Ray Allen, DFI
· Sue Dietzel, DFI
· Marvel A. Lemke, WI Register of Deeds Association, Medford
· Michael R. Vaughan, Wisconsin Bankers Association
· Daryll Lund, Community Bankers Association
· Amy Winters, WI Agribusiness Council, WI Fertilizer & Chemical Association
· Jenny Boese, State Bar of WI, Business Law Section of State Bar
· Doug Johnson, WI Merchants Federation
March 20, 2001
EXECUTIVE SESSION
Present: (15) Representatives Jeskewitz, Montgomery, J. Fitzgerald, Kedzie, Kreibich, Rhoades, Starzyk, Walker, La Fave, Plale, Plouff, Balow, Richards, Kreuser and Shilling.
Absent: (1) Representative Hoven.
Moved by Representative Richards, seconded by Representative Kreuser, that
Assembly Amendment 1
be recommended for adoption.
Ayes: (3) Representatives La Fave, Balow and Richards.
Noes: (12) Representatives Jeskewitz, Montgomery, J. Fitzgerald, Kedzie, Kreibich, Rhoades, Starzyk, Walker, Plale, Plouff, Kreuser and Shilling.
Absent: (1) Representative Hoven.
ADOPTION NOT RECOMMENDED, Ayes 3, Noes 12, Absent 1
Moved by Representative Montgomery, seconded by Representative Kedzie, that
Assembly Amendment 2 (LRBa0354/1)
be recommended for introduction.
Ayes: (15) Representatives Jeskewitz, Montgomery, J. Fitzgerald, Kedzie, Kreibich, Rhoades, Starzyk, Walker, La Fave, Plale, Plouff, Balow, Richards, Kreuser and Shilling.
Noes: (0) None.
Absent: (1) Representative Hoven.
INTRODUCTION RECOMMENDED, Ayes 15, Noes 0, Absent 1
Moved by Representative La Fave, seconded by Representative Starzyk, that
Assembly Amendment 2 (LRBa0354)
be recommended for adoption.
Ayes: (15) Representatives Jeskewitz, Montgomery, J. Fitzgerald, Kedzie, Kreibich, Rhoades, Starzyk, Walker, La Fave, Plale, Plouff, Balow, Richards, Kreuser and Shilling.
Noes: (0) None.
Absent: (1) Representative Hoven.
ADOPTION RECOMMENDED, Ayes 15, Noes 0, Absent 1
Moved by Representative Montgomery, seconded by Representative La Fave, that
Assembly Amendment 3 (LRBa0312/1)
be recommended for introduction.
Ayes: (15) Representatives Jeskewitz, Montgomery, J. Fitzgerald, Kedzie, Kreibich, Rhoades, Starzyk, Walker, La Fave, Plale, Plouff, Balow, Richards, Kreuser and Shilling.
Noes: (0) None.
Absent: (1) Representative Hoven.
INTRODUCTION RECOMMENDED, Ayes 15, Noes 0, Absent 1
Moved by Representative La Fave, seconded by Representative Montgomery, that
Assembly Amendment 3 (LRBa0312/1)
be recommended for adoption.
Ayes: (15) Representatives Jeskewitz, Montgomery, J. Fitzgerald, Kedzie, Kreibich, Rhoades, Starzyk, Walker, La Fave, Plale, Plouff, Balow, Richards, Kreuser and Shilling.
Noes: (0) None.
Absent: (1) Representative Hoven.
ADOPTION RECOMMENDED, Ayes 15, Noes 0, Absent 1
Moved by Representative Montgomery, seconded by Representative Kedzie, that
Assembly Amendment 4 (LRBa0280/1)
be recommended for introduction.
Ayes: (15) Representatives Jeskewitz, Montgomery, J. Fitzgerald, Kedzie, Kreibich, Rhoades, Starzyk, Walker, La Fave, Plale, Plouff, Balow, Richards, Kreuser and Shilling.
Noes: (0) None.
Absent: (1) Representative Hoven.
INTRODUCTION RECOMMENDED, Ayes 15, Noes 0, Absent 1
Moved by Representative Montgomery, seconded by Representative Walker, that
Assembly Amendment 4 (LRBa0280/1)
be recommended for adoption.
Ayes: (8) Representatives Jeskewitz, Montgomery, J. Fitzgerald, Kedzie, Kreibich, Rhoades, Starzyk and Walker.
Noes: (7) Representatives La Fave, Plale, Plouff, Balow, Richards, Kreuser and Shilling.
Absent: (1) Representative Hoven.
ADOPTION RECOMMENDED, Ayes 8, Noes 7, Absent 1
Moved by Representative Kreuser, seconded by Representative La Fave, that
Assembly Amendment 1 (LRBa0369) to Assembly Amendment 4 (LRBa0280)
be recommended for introduction.
Ayes: (15) Representatives Jeskewitz, Montgomery, J. Fitzgerald, Kedzie, Kreibich, Rhoades, Starzyk, Walker, La Fave, Plale, Plouff, Balow, Richards, Kreuser and Shilling.
Noes: (0) None.
Absent: (1) Representative Hoven.
INTRODUCTION RECOMMENDED, Ayes 15, Noes 0, Absent 1
Moved by Representative Kreuser, seconded by Representative La Fave, that
Assembly Amendment 1 (LRBa0369) to Assembly Amendment 4 (LRBa0280)
be recommended for adoption.
Ayes: (7) Representatives La Fave, Plale, Plouff, Balow, Richards, Kreuser and Shilling.
Noes: (8) Representatives Jeskewitz, Montgomery, J. Fitzgerald, Kedzie, Kreibich, Rhoades, Starzyk and Walker.
Absent: (1) Representative Hoven.
ADOPTION NOT RECOMMENDED, Ayes 7, Noes 8, Absent 1
Moved by Representative Walker, seconded by Representative Starzyk, that
Assembly Bill 111
be recommended for passage as amended.
Ayes: (14) Representatives Jeskewitz, Montgomery, J. Fitzgerald, Kedzie, Kreibich, Rhoades, Starzyk, Walker, La Fave, Plale, Plouff, Balow, Richards and Shilling.
Noes: (1) Representative Kreuser.
Absent: (1) Representative Hoven.
PASSAGE AS AMENDED RECOMMENDED, Ayes 14, Noes 1, Absent 1
Erin Bilot
Committee Clerk
