Senate
Record of Committee Proceedings
Committee on Licensing, Constitution and Federalism
Senate Bill 122
Relating to: requiring the Department of Financial Institutions to implement a section 529A ABLE savings account program and granting rule-making authority.
By Senators Jacque, Taylor, Ballweg, Felzkowski, Hesselbein, Larson, Quinn, Roys and Spreitzer; cosponsored by Representatives Mursau, Subeck, C. Anderson, J. Anderson, Andraca, Bare, Behnke, Bodden, Brandtjen, Conley, Dittrich, Donovan, Edming, Haywood, Jacobson, Joers, Moses, O'Connor, Ohnstad, Ratcliff, Schmidt, Shankland, Sinicki and Stubbs.
March 08, 2023 Referred to Committee on Licensing, Constitution and Federalism
March 21, 2023 Public Hearing Held
Present: (5) Senator Jacque; Senators Feyen, Bradley, Carpenter and Wirch.
Absent: (0) None.
Excused: (0) None.
Appearances For
· Senator Andre Jacque - 1st Senate District
· Rep. Jeff Mursau - 36th AD
· Tami Jackson - WI Board for People with Developmental Disabilities (BPDD)
· Rep. Lisa Subeck - 78th Assembly District
· David Pinno
· Jason Glozier - Wisconsin Coalition of Independent Living Centers
· Jessica Wetzel - Dept. of Financial Institutions
· Matt Lynch - Wisconsin Department of Financial Institutions
· Ryan McGuire
Appearances Against
· None.
Appearances for Information Only
· None.
Registrations For
· Senator Tim Carpenter - 3rd State Senate District
· Rachel Ver Velde - WMC
· Bryan Geenen - CUNA Mutual Group
· Andy Franken - WI Insurance Alliance
· Deb Sybell - The ARC WI
Registrations Against
· None.
Registrations for Information Only
· None.
March 30, 2023 Executive Session Held
Present: (5) Senator Jacque; Senators Feyen, Bradley, Carpenter and Wirch.
Absent: (0) None.
Excused: (0) None.
Moved by Senator Feyen, seconded by Senator Wirch that Senate Bill 122 be recommended for passage.
Ayes: (5) Senator Jacque; Senators Feyen, Bradley, Carpenter and Wirch.
Noes: (0) None.
PASSAGE RECOMMENDED, Ayes 5, Noes 0
______________________________
Bill Cosh
Committee Clerk
