Senate
Record of Committee Proceedings
Committee on Insurance, Housing and Trade
Senate Bill 453
Relating to: regulation of appraisal management companies, providing an exemption from emergency rule procedures, granting rule-making authority, and providing a criminal penalty.
By Senators Craig, Lasee, Nass and Bewley; cosponsored by Representatives Allen, Kooyenga, Katsma, Petersen, Knodl, Petryk, Young, Genrich, Doyle and R. Brooks.
October 13, 2017 Referred to Committee on Insurance, Housing and Trade
October 17, 2017 Public Hearing Held
Present: (5) Senator Lasee; Senators Olsen, Craig, Bewley and Larson.
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 20, 2017 Executive Session Held by Paper Ballot
Present: (5) Senator Lasee; Senators Olsen, Craig, Bewley and Larson.
Absent: (0) None.
Excused: (0) None.
Moved by Senator Lasee that Senate Amendment 1 be recommended for adoption.
Ayes: (5) Senator Lasee; Senators Olsen, Craig, Bewley and Larson.
Noes: (0) None.
SENATE AMENDMENT 1 ADOPTION RECOMMENDED, Ayes 5, Noes 0
Moved by Senator Lasee that Senate Bill 453 be recommended for passage as amended.
Ayes: (5) Senator Lasee; Senators Olsen, Craig, Bewley and Larson.
Noes: (0) None.
PASSAGE AS AMENDED RECOMMENDED, Ayes 5, Noes 0
Robert Kovach
Committee Clerk
