Assembly

Record of Committee Proceedings

Committee on Financial Institutions

Assembly Bill 115

Relating to: remittance transfers under the Uniform Commercial Code Article 4A, relating to funds transfers.

By Representatives Sanfelippo, Craig, Brooks and Kahl; cosponsored by Senators Lasee, L. Taylor, Lehman and Lassa.

April 01, 02013           Referred to Committee on Financial Institutions

April 10, 2013             Public Hearing Held

Present:       (12)      Representative Craig; Representatives Kapenga, Sanfelippo, Kramer, Kaufert, Marklein, Weininger, Born, Hintz, Young, Genrich and Sargent.

Absent:       (1)        Representative Stroebel.

Excused:     (2)        Representatives Zepnick and Richards.

Appearances For

·      Joanne Huelsman - Uniform Law Commission

·      Heather Mackinnen - Wisconsin Bankers Association

·      Jay Risch - Wisconsin Bankers Association

Appearances Against

·      None.

Appearances for Information Only

·      None.

Registrations For

·      Daryll Lund - Community Bankers of Wisconsin

·      Sen. Lena Taylor - Wisconsin State Senate

·      Sarah Wainscott - Wisconsin Credit Union League

Registrations Against

·      None.

Registrations for Information Only

·      None.

April 24, 2013             Executive Session Held

Present:       (12)      Representative Craig; Representatives Kramer, Kaufert, Marklein, Weininger, Born, Hintz, Zepnick, Young, Richards, Genrich and Sargent.

Absent:       (1)        Representative Stroebel.

Excused:     (2)        Representatives Kapenga and Sanfelippo.

Moved by Representative Young, seconded by Representative Kramer that Assembly Bill 115 be recommended for passage.

Ayes:     (14)   Representative Craig; Representatives Kapenga, Sanfelippo, Kramer, Kaufert, Marklein, Weininger, Born, Hintz, Zepnick, Young, Richards, Genrich and Sargent.

Noes:     (0)     None.

Absent:  (1)     Representative Stroebel.

PASSAGE RECOMMENDED, Ayes 14, Noes 0

______________________________

Nathan Schacht

Committee Clerk