Assembly
Record of Committee Proceedings
Committee on State Affairs and Government Operations
Assembly Bill 721
Relating to: escheat of abandoned U.S. savings bonds.
By Representatives Katsma, Macco, Ballweg, Brandtjen, E. Brooks, Czaja, Horlacher, Kremer, Krug, Murphy, Quinn and A. Ott; cosponsored by Senators Marklein and Miller.
January 15, 2016 Referred to Committee on State Affairs and Government Operations
January 27, 2016 Public Hearing Held
Present: (13) Representative Swearingen; Representatives Craig, Jagler, Brandtjen, Ripp, Kulp, Tauchen, Vorpagel, Sinicki, Zamarripa, Kahl, Ohnstad and Brostoff.
Absent: (0) None.
Excused: (2) Representatives Kleefisch and Gannon.
Appearances For
· Representative Terry Katsma - 26st Assembly District
· Nate Ristow - Department of Revenue
· Senator Howard Marklein - 17th Senate District
Appearances Against
· None.
Appearances for Information Only
· None.
Registrations For
· None.
Registrations Against
· None.
Registrations for Information Only
· None.
February 10, 2016 Executive Session Held
Present: (13) Representative Swearingen; Representatives Craig, Jagler, Brandtjen, Kleefisch, Gannon, Ripp, Kulp, Tauchen, Vorpagel, Sinicki, Zamarripa and Ohnstad.
Absent: (2) Representatives Kahl and Brostoff.
Excused: (0) None.
Moved by Representative Kleefisch, seconded by Representative Gannon that Assembly Substitute Amendment 1 be recommended for adoption.
Ayes: (13) Representative Swearingen; Representatives Craig, Jagler, Brandtjen, Kleefisch, Gannon, Ripp, Kulp, Tauchen, Vorpagel, Sinicki, Zamarripa and Ohnstad.
Noes: (0) None.
ASSEMBLY SUBSTITUTE AMENDMENT 1 ADOPTION RECOMMENDED, Ayes 13, Noes 0
Moved by Representative Kleefisch, seconded by Representative Brandtjen that Assembly Bill 721 be recommended for passage as amended.
Ayes: (13) Representative Swearingen; Representatives Craig, Jagler, Brandtjen, Kleefisch, Gannon, Ripp, Kulp, Tauchen, Vorpagel, Sinicki, Zamarripa and Ohnstad.
Noes: (0) None.
PASSAGE AS AMENDED RECOMMENDED, Ayes 13, Noes 0
______________________________
Dan Perchinsky
Committee Clerk
