Thursday, March 12, 1998
10:08 A.M.
Ninety-Third Regular Session
The Assembly met in the Assembly Chamber located in the State Capitol.
Speaker Pro Tempore Freese in the chair.
Representative Plale introduced Father Robert Wild, S.J., President of Marquette University in Milwaukee, who led the membership in prayer.
Representative Plale led the membership in reciting the pledge of allegiance to the flag of the United States of America.
The roll was taken.
The result follows:
Present - Representatives Ainsworth, Albers, Baldwin, Baumgart, Black, Bock, Boyle, Brandemuehl, Carpenter, Coggs, Cullen, Dobyns, Dueholm, Duff, Foti, Freese, Gard, Goetsch, Green, Gronemus, Grothman, Gunderson, Hahn, Handrick, Hanson, Harsdorf, Hasenohrl, Hebl, Hoven, Huber, Hubler, Huebsch, Hutchison, Jeskewitz, Johnsrud, Kaufert, Kedzie, Kelso, Klusman, Kreibich, Kreuser, Krug, Kunicki, La Fave, Ladwig, F. Lasee, Lazich, J. Lehman, M. Lehman, Linton, Lorge, Meyer, Morris-Tatum, Murat, Nass, Notestein, Olsen, Ott, Otte, Ourada, Owens, Plale, Plouff, Porter, R. Potter, Powers, Reynolds, Riley, Robson, Ryba, Schafer, Schneider, Seratti, Skindrud, Spillner, Springer, Staskunas, Steinbrink, Sykora, Travis, Turner, Underheim, Urban, Vander Loop, Vrakas, Walker, Ward, Wasserman, Wieckert, Williams, Wood, L. Young, R. Young, Ziegelbauer, Zukowski and Speaker Jensen - 96.
Absent with leave - Representatives Krusick and Musser - 2.
Vacancies - 82nd Assembly District - 1.
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Representative R. Potter asked unanimous consent for a leave of absence for today's session for Representative Krusick. Granted.
Representative Green asked unanimous consent for a leave of absence for today's session for Representative Musser. Granted.
Representative Green asked unanimous consent for a leave of absence for part of today's session for Representatives Gunderson and Walker. Granted.
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Assembly substitute amendment 1 to Assembly Bill 191 offered by Representative Ainsworth.
Assembly amendment 1 to Assembly substitute amendment 1 to Assembly Bill 191 offered by Representatives Ainsworth and Staskunas.
Assembly amendment 2 to Assembly substitute amendment 1 to Assembly Bill 191 offered by Representatives Ainsworth, R. Young and Staskunas.
Assembly amendment 1 to Assembly Bill 578 offered by Representative Ourada.
Assembly amendment 1 to Assembly Bill 729 offered by Representatives Grothman and Kaufert.
Assembly substitute amendment 1 to Assembly Bill 733 offered by Representatives Gronemus, Ott, Sykora and Harsdorf.
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The committee on Financial Institutions reports and recommends:
Assembly Bill 746
Relating to: "good funds" requirements for loan closings and the powers and duties of credit unions and their directors, officers, employes and members.
Assembly substitute amendment 1 adoption:
Ayes: 15 - Representatives Ward, Hoven, Green, Lazich, Foti, Kedzie, Schafer, Sykora, R. Potter, Travis, La Fave, Meyer, Morris-Tatum, Murat and Plale.
Noes: 0.
Passage as amended:
Ayes: 15 - Representatives Ward, Hoven, Green, Lazich, Foti, Kedzie, Schafer, Sykora, R. Potter, Travis, La Fave, Meyer, Morris-Tatum, Murat and Plale.
Noes: 0.
To committee on Rules.
Relating to: investment and lending powers of savings institutions, the location of savings institution offices and the power of boards of directors of savings and loan associations to provide for pension and deferred compensation plans.
Assembly amendment 1 adoption:
Ayes: 15 - Representatives Ward, Hoven, Green, Lazich, Foti, Kedzie, Schafer, Sykora, R. Potter, Travis, La Fave, Meyer, Morris-Tatum, Murat and Plale.
Noes: 0.
Passage as amended:
Ayes: 15 - Representatives Ward, Hoven, Green, Lazich, Foti, Kedzie, Schafer, Sykora, R. Potter, Travis, La Fave, Meyer, Morris-Tatum, Murat and Plale.
Noes: 0.
To committee on Rules.
Assembly Bill 830
Relating to: registration requirements for loan originators, mortgage bankers and mortgage brokers, providing an exemption from emergency rule procedures, granting rule-making authority and providing a penalty.
Passage:
Ayes: 15 - Representatives Ward, Hoven, Green, Lazich, Foti, Kedzie, Schafer, Sykora, R. Potter, Travis, La Fave, Meyer, Morris-Tatum, Murat and Plale.
Noes: 0.
To committee on Rules.
Assembly Bill 831
Relating to: the regulation of investment advisers and investment adviser representatives, the registration of securities and granting rule-making authority.
Assembly amendment 1 adoption:
Ayes: 15 - Representatives Ward, Hoven, Green, Lazich, Foti, Kedzie, Schafer, Sykora, R. Potter, Travis, La Fave, Meyer, Morris-Tatum, Murat and Plale.
Noes: 0.
