Senate
Record of Committee Proceedings
Committee on Financial Institutions and Rural Issues
Senate Bill 520
Relating to: rule-making procedures and modifying and repealing various rules promulgated by the Department of Financial Institutions.
By Senators Lasee, Grothman and Schultz; cosponsored by Representatives Craig, Kooyenga, Kahl, Krug, LeMahieu, Murphy, Sanfelippo, Bies, Brooks, Kapenga, Tauchen, Kaufert and Wright.
January 27, 2014 Referred to Committee on Financial Institutions and Rural Issues
February 04, 2014 Public Hearing Held
Present: (5) Senator Schultz; Senators Lasee, Petrowski, Lassa and Jauch.
Absent: (0) None.
Excused: (0) None.
Appearances For
· Georgia Maxwell - Department of Financial Institutions
· Tom Liebe - WI Credit Union League
· Nate Schnacht - on behalf of Rep. David Craig
· Richard McGuigan - Community Bankers of WI - Records Retention
· Frank Lasee - Representing 1st Senate District
Appearances Against
· None.
Appearances for Information Only
· None.
Registrations For
· Jay Risch - WI Bankers Association
Registrations Against
· None.
Registrations for Information Only
· None.
February 04, 2014 Executive Session Held
Present: (5) Senator Schultz; Senators Lasee, Petrowski, Lassa and Jauch.
Absent: (0) None.
Excused: (0) None.
Moved by Senator Petrowski, seconded by Senator Lassa that Senate Amendment 1 be recommended for adoption.
Ayes: (5) Senator Schultz; Senators Lasee, Petrowski, Lassa and Jauch.
Noes: (0) None.
SENATE AMENDMENT 1 ADOPTION RECOMMENDED, Ayes 5, Noes 0
Moved by Senator Petrowski, seconded by Senator Lassa that Senate Bill 520 be recommended for passage as amended.
Ayes: (5) Senator Schultz; Senators Lasee, Petrowski, Lassa and Jauch.
Noes: (0) None.
PASSAGE AS AMENDED RECOMMENDED, Ayes 5, Noes 0
______________________________
Sheryl Albers
Committee Clerk
