Senate

Record of Committee Proceedings

Committee on Financial Institutions and Sporting Heritage

Senate Bill 628

Relating to: financial exploitation of vulnerable adults.

By Senators Quinn, Testin and Marklein; cosponsored by Representatives O'Connor, Macco, Katsma, Armstrong, Donovan, Nedweski, Steffen, Callahan, Magnafici, Rozar, Melotik, Wittke, Maxey, Penterman, Behnke, Rettinger, Mursau, Bare, Edming, Subeck and Joers.

November 07, 2023    Referred to Committee on Financial Institutions and Sporting Heritage

February 14, 2024       Public Hearing Held

Present:       (5)        Senator Stafsholt; Senators Felzkowski, Tomczyk, Spreitzer and Agard.

Absent:       (0)        None.

Excused:     (0)        None.

Appearances For

·      Senator Romaine Quinn - 25th SD

·      Representative Jerry O'Connor - 52nd AD

·      Sarah Wainscott - WI Credit Union League

·      Lorenzo Cruz - WI Bankers Association

·      April DeValkenaere - Waukesha County DA Office

Appearances Against

·      None.

Appearances for Information Only

·      Cale Battles - State Bar - Elder Law & Special Needs Section

Registrations For

·      Chris Henderson - NAIFA-WI

·      Debby Bartolerio - First Citizens State Bank

·      Melissa Teeter - Horicon Bank

·      Alex Wilkinson - Bank of Sun Prairie

Registrations Against

·      None.

Registrations for Information Only

·      None.

February 16, 2024       Executive Session Held

Present:       (5)        Senator Stafsholt; Senators Felzkowski, Tomczyk, Spreitzer and Agard.

Absent:       (0)        None.

Excused:     (0)        None.

Moved by  that Senate Substitute Amendment 1 be recommended for adoption.

Ayes:     (5)     Senator Stafsholt; Senators Felzkowski, Tomczyk, Spreitzer and Agard.

Noes:     (0)     None.

SENATE SUBSTITUTE AMENDMENT 1 ADOPTION RECOMMENDED, Ayes 5, Noes 0

Moved by  that Senate Bill 628 be recommended for passage as amended.

Ayes:     (5)     Senator Stafsholt; Senators Felzkowski, Tomczyk, Spreitzer and Agard.

Noes:     (0)     None.

PASSAGE AS AMENDED RECOMMENDED, Ayes 5, Noes 0

______________________________

Sharlene Konkel

Committee Clerk