Assembly
Record of Committee Proceedings
Committee on Housing and Real Estate
Assembly Bill 533
Relating to: regulation of appraisal management companies, providing an exemption from emergency rule procedures, granting rule-making authority, and providing a criminal penalty.
By Representatives Allen, Katsma, Young, Knodl, Petersen, Kooyenga, Genrich, Doyle and Petryk; cosponsored by Senators Craig, Lasee, Nass and Bewley.
October 12, 2017 Referred to Committee on Housing and Real Estate
October 17, 2017 Public Hearing Held
Present: (9) Representative Jagler; Representatives Allen, Katsma, R. Brooks, Murphy, Pronschinske, Stuck, Young and Goyke.
Absent: (0) None.
Excused: (0) None.
Appearances For
· Senator David Craig - 28th Senate District
· Representative Scott Allen - 97th Assembly District
· Tom Larson - Wisconsin Realtors Association
· Debbi Conrad - Wisconsin Realtors Association
· Ken Dickson
· Richard Larkin - Appraisers
· Kathryn Thompson - Appraisal Institute
· Mark Schiffman - REVAA--Real Estate Valuation Advocacy Association
Appearances Against
· None.
Appearances for Information Only
· None.
Registrations For
· Jon Turke - Wisconsin Bankers Association
· George Klaetsch - Wisconsin Mortgage Bankers Associations
Registrations Against
· None.
Registrations for Information Only
· None.
October 26, 2017 Executive Session Held
Present: (8) Representative Jagler; Representatives Allen, R. Brooks, Murphy, Pronschinske, Stuck, Young and Goyke.
Absent: (0) None.
Excused: (1) Representative Katsma.
Moved by Representative Murphy, seconded by Representative Young that Assembly Amendment 1 be recommended for adoption.
Ayes: (8) Representative Jagler; Representatives Allen, R. Brooks, Murphy, Pronschinske, Stuck, Young and Goyke.
Noes: (0) None.
ASSEMBLY AMENDMENT 1 ADOPTION RECOMMENDED, Ayes 8, Noes 0
Moved by Representative Murphy, seconded by Representative Young that Assembly Bill 533 be recommended for passage as amended.
Ayes: (8) Representative Jagler; Representatives Allen, R. Brooks, Murphy, Pronschinske, Stuck, Young and Goyke.
Noes: (0) None.
PASSAGE AS AMENDED RECOMMENDED, Ayes 8, Noes 0
______________________________
Charlie Bellin
Committee Clerk
