Assembly
Record of Committee Proceedings
Committee on Financial Institutions
Assembly Bill 24
Relating to: variable rate loans.
By Representatives Katsma, Doyle, R. Brooks, Macco, Thiesfeldt, Sanfelippo, A. Ott, Nygren, Tittl, Kremer, Brandtjen, Kapenga, Craig, Skowronski, Weatherston, Knodl, Vorpagel, Allen, Horlacher, Jarchow and Steffen; cosponsored by Senator Wanggaard.
February 05, 2015 Referred to Committee on Financial Institutions
February 11, 2015 Public Hearing Held
Present: (15) Representative Craig; Representatives Katsma, Kapenga, Jarchow, Born, Ballweg, Weatherston, Murphy, Kitchens, Doyle, Zepnick, Genrich, Sargent, Johnson and Brostoff.
Absent: (1) Representative Petersen.
Excused: (1) Representative Sanfelippo.
Appearances For
· Representative Terry Katsma
· Michael Semmann - Wisconsin Bankers Association
· Heather MacKinnon - Wisconsin Bankers Association
Appearances Against
· Stacia Conneely - Legal Action of Wisconsin
Appearances for Information Only
· None.
Registrations For
· Tom Liebe - Wisconsin Credit Union League
· George Klaetsch - Wisconsin Mortgage Bankers Association
Registrations Against
· Mary Fons
· Vicky Selkow - Legal Action of Wisconsin
Registrations for Information Only
· None.
March 19, 2015 Executive Session Held
Present: (16) Representative Craig; Representatives Katsma, Kapenga, Jarchow, Sanfelippo, Born, Weatherston, Murphy, Petersen, Kitchens, Doyle, Zepnick, Genrich, Sargent, Johnson and Brostoff.
Absent: (0) None.
Excused: (1) Representative Ballweg.
Moved by Representative Katsma, seconded by Representative Sanfelippo that Assembly Bill 24 be recommended for passage.
Ayes: (13) Representative Craig; Representatives Katsma, Kapenga, Jarchow, Sanfelippo, Born, Weatherston, Murphy, Petersen, Kitchens, Doyle, Zepnick and Genrich.
Noes: (3) Representatives Sargent, Johnson and Brostoff.
Absent: (1) Representative Ballweg.
PASSAGE RECOMMENDED, Ayes 13, Noes 3
______________________________
Sam Hope
Committee Clerk