Senate
Record of Committee Proceedings
Committee on Insurance, Financial Services, Constitution and Federalism
Senate Bill 730
Relating to: various changes to condominium law and rights related to first mortgage security interests in condominium units.
By Senator Olsen; cosponsored by Representatives Ballweg, Born, Kremer, Kuglitsch and Tusler.
January 26, 2018 Referred to Committee on Insurance, Financial Services, Constitution and Federalism
February 14, 2018 Public Hearing Held
Present: (5) Senator Craig; Senators Stroebel, Feyen, Bewley and Risser.
Absent: (0) None.
Excused: (0) None.
Appearances For
· Rep. Joan Ballweg - 41st Assembly District
· Tony Madrigal - Sunset Homes Condo Association
· William Huettner - Prospect Managment Comp
· Sally Balson - Hunt Club Condominiums
· Terry Handel - CAI - WI
· Julie Peterson - CAI - WI
Appearances Against
· None.
Appearances for Information Only
· None.
Registrations For
· None.
Registrations Against
· None.
Registrations for Information Only
· None.
February 14, 2018 Executive Session Held
Present: (5) Senator Craig; Senators Stroebel, Feyen, Bewley and Risser.
Absent: (0) None.
Excused: (0) None.
Moved by Senator Feyen, seconded by Senator Bewley that Senate Amendment 2 be recommended for adoption.
Ayes: (5) Senator Craig; Senators Stroebel, Feyen, Bewley and Risser.
Noes: (0) None.
SENATE AMENDMENT 2 ADOPTION RECOMMENDED, Ayes 5, Noes 0
Moved by Senator Feyen, seconded by Senator Bewley that Senate Bill 730 be recommended for passage as amended.
Ayes: (5) Senator Craig; Senators Stroebel, Feyen, Bewley and Risser.
Noes: (0) None.
PASSAGE AS AMENDED RECOMMENDED, Ayes 5, Noes 0
______________________________
William Neville
Committee Clerk