Senate

Record of Committee Proceedings

Committee on Revenue, Financial Institutions and Rural Issues

Assembly Bill 607

Relating to: nonprobate transfers of real estate, the transfer by affidavit procedure for small estates, and the payoff amount in a mortgage payoff statement.

By Representatives Ballweg, Summerfield, Katsma, Horlacher, Murphy and Kulp; cosponsored by Senators Lasee and Olsen.

January 24, 2018         Referred to Committee on Revenue, Financial Institutions and Rural Issues

February 07, 2018       Public Hearing Held

Present:       (5)        Senator Marklein; Senators LeMahieu, Tiffany, Ringhand and Vinehout.

Absent:       (0)        None.

Excused:     (0)        None.

Appearances For

·      Rep. Joan Ballweg - 41st Assembly District

·      Cheri Hipenbecker - WI Land Title Assoc.

Appearances Against

·      None.

Appearances for Information Only

·      None.

Registrations For

·      Sen. Luther Olsen - 14th Senate District

·      Rep. Rob Summerfield - 67th Assembly District

·      Cale Battles - State Bar of WI

·      Bob Welch - WI Land Title Assoc.

Registrations Against

·      None.

Registrations for Information Only

·      None.

February 08, 2018       Executive Session Held

Present:       (5)        Senator Marklein; Senators LeMahieu, Tiffany, Ringhand and Vinehout.

Absent:       (0)        None.

Excused:     (0)        None.

Moved by Senator LeMahieu, seconded by Senator Tiffany that Assembly Bill 607 be recommended for concurrence.

Ayes:     (5)     Senator Marklein; Senators LeMahieu, Tiffany, Ringhand and Vinehout.

Noes:     (0)     None.

CONCURRENCE RECOMMENDED, Ayes 5, Noes 0

______________________________

Vincent Williams

Committee Clerk