Senate

Record of Committee Proceedings

Committee on Insurance, Housing, and Trade

Senate Bill 375

Relating to: various changes regarding the laws governing real estate practice, employment relationships between real estate licensees and real estate brokerage firms, a statute of limitations for actions against persons engaged in real estate practice, extending the time limit for emergency rule procedures, providing an exemption from emergency rule procedures, and granting rule-making authority.

By Senators Lasee and Cowles; cosponsored by Representatives Allen, Bernier, R. Brooks, Doyle, Krug, Petryk, Weatherston and Young.

November 12, 2015    Referred to Committee on Insurance, Housing, and Trade

January 05, 2016         Public Hearing Held

Present:       (5)        Senator Lasee; Senators Olsen, Roth, Bewley and Harris Dodd.

Absent:       (0)        None.

Excused:     (0)        None.

Appearances For

·      Cori Lamont - Wisconsin Realtors Association

·      Tom Larson - Wisconsin Realtors Association

·      Representative Scott Allen - 97th Assembly Dist

Appearances Against

·      Rob Jaskulski - Wisconsin Association for Justice

Appearances for Information Only

·      JP Wieske - Office of the Commissioner of Insurance

Registrations For

·      None.

Registrations Against

·      Sherry Cares

Registrations for Information Only

·      None.

January 27, 2016         Executive Session Held

Present:       (5)        Senator Lasee; Senators Olsen, Roth, Bewley and Harris Dodd.

Absent:       (0)        None.

Excused:     (0)        None.

Moved by Senator Olsen, seconded by Senator Roth that Senate Amendment 1 be recommended for adoption.

Ayes:     (5)     Senator Lasee; Senators Olsen, Roth, Bewley and Harris Dodd.

Noes:     (0)     None.

SENATE AMENDMENT 1 ADOPTION RECOMMENDED, Ayes 5, Noes 0

Moved by Senator Roth, seconded by Senator Olsen that Senate Amendment 2 be recommended for adoption.

Ayes:     (5)     Senator Lasee; Senators Olsen, Roth, Bewley and Harris Dodd.

Noes:     (0)     None.

SENATE AMENDMENT 2 ADOPTION RECOMMENDED, Ayes 5, Noes 0

Moved by Senator Lasee, seconded by Senator Roth that Senate Bill 375 be recommended for passage as amended.

Ayes:     (5)     Senator Lasee; Senators Olsen, Roth, Bewley and Harris Dodd.

Noes:     (0)     None.

PASSAGE AS AMENDED RECOMMENDED, Ayes 5, Noes 0

Robert Kovach

Committee Clerk