Senate

Record of Committee Proceedings

Committee on Economic Development, Commerce and Local Government

Senate Bill 298

Relating to: creation of a category of business corporation identified as a benefit corporation.

By Senators Testin, Johnson, Darling, Ringhand, Wirch and Harsdorf; cosponsored by Representatives Skowronski, Hesselbein, Genrich, Horlacher, Ohnstad, Crowley, Subeck, C. Taylor, Kulp, Quinn, Sanfelippo, Spreitzer, Hintz and Kooyenga.

June 15, 2017              Referred to Committee on Economic Development, Commerce and Local Government

October 03, 2017        Public Hearing Held

Present:       (7)        Senator Feyen; Senators Petrowski, Darling, Testin, Ringhand, Bewley and Johnson.

Absent:       (0)        None.

Excused:     (0)        None.

Appearances For

·      Sen. Pat  Testin

·      Rep. Ken Skowronski

·      Deanna Singh - Dohmen

·      Nic Herdrich - Foly & Lardner

Appearances Against

·      None.

Appearances for Information Only

·      None.

Registrations For

·      Monica Groves - American Family Insurance

·      Steve Baas - MMAC

·      Rep. Dale Kooyenga

·      Rep. Dianne Hesselbein

Registrations Against

·      None.

Registrations for Information Only

·      None.

October 05, 2017        Executive Session Held

Present:       (7)        Senator Feyen; Senators Petrowski, Darling, Testin, Ringhand, Bewley and Johnson.

Absent:       (0)        None.

Excused:     (0)        None.

Moved by Senator Testin, seconded by Senator Petrowski that Senate Amendment 1 be recommended for adoption.

Ayes:     (7)     Senator Feyen; Senators Petrowski, Darling, Testin, Ringhand, Bewley and Johnson.

Noes:     (0)     None.

SENATE AMENDMENT 1 ADOPTION RECOMMENDED, Ayes 7, Noes 0

Moved by Senator Testin, seconded by Senator Petrowski that Senate Bill 298 be recommended for passage as amended.

Ayes:     (7)     Senator Feyen; Senators Petrowski, Darling, Testin, Ringhand, Bewley and Johnson.

Noes:     (0)     None.

PASSAGE AS AMENDED RECOMMENDED, Ayes 7, Noes 0

______________________________

Tim Lakin

Committee Clerk