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.
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 832
Relating to: in-state branches of out-of-state banks; examination of state banks and trust company banks by the division of banking; action without a meeting by a bank's board of directors; dividend rights on capital stock; providing an exemption from emergency rule procedures; 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.
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.
David Ward
Chairperson
Committee on Financial Institutions
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Representative Foti asked unanimous consent that the rules be suspended and that Assembly Joint Resolution 120 be withdrawn from today's calendar and taken up at this time. Granted.
Assembly Joint Resolution 120
Relating to: honoring the Society of Jesus for its substantial contributions to the quality of spiritual, intellectual and cultural life in Wisconsin.
The question was: Shall Assembly Joint Resolution 120 be adopted?
Motion carried.
Representative Foti asked unanimous consent that the rules be suspended and that Assembly Joint Resolution 120 be immediately messaged to the Senate. Granted.
Representative R. Potter asked unanimous consent that the Assembly stand recessed. Granted.
The Assembly stood recessed.
10:20 A.M.
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12:15 P.M.
The Assembly reconvened.
Speaker Pro Tempore Freese in the chair.
Representative Gronemus asked unanimous consent for a quorum call. Granted.
A quorum was present.
Representatives Gunderson and Walker's leaves of absence were lifted due to their being recorded as present during the quorum call.
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Assembly Joint Resolution 108
A649
Relating to: commending the National Rifle Association for its development of the Eddie Eagle Gun Safety Program and encouraging schools in Wisconsin to use the Eddie Eagle Gun Safety Program.
The question was: Shall Assembly substitute amendment 1 to Assembly Joint Resolution 108 be adopted?
Motion carried.
The question was: Shall Assembly Joint Resolution 108 be adopted?
Motion carried.
Representative Foti asked unanimous consent that the rules be suspended and that Assembly Joint Resolution 108 be immediately messaged to the Senate. Granted.
Assembly Joint Resolution 111
Relating to: memorializing the Congress of the United States to enact legislation that will sunset the Internal Revenue Code by December 31, 2000, and to enact a replacement tax code for the American people.
Assembly amendment 1 to Assembly Joint Resolution 111 offered by Representative Black.
Representative Green moved that Assembly amendment 1 to Assembly Joint Resolution 111 be laid on the table.
The question was: Shall Assembly amendment 1 to Assembly Joint Resolution 111 be laid on the table?
The roll was taken.
The result follows:
Ayes - Representatives Ainsworth, Albers, Brandemuehl, Dobyns, Duff, Foti, Freese, Gard, Goetsch, Green, Grothman, Gunderson, Hahn, Handrick, Harsdorf, Hoven, Huebsch, Hutchison, Jeskewitz, Johnsrud, Kaufert, Kedzie, Kelso, Klusman, Kreibich, Ladwig, F. Lasee, Lazich, M. Lehman, Lorge, Nass, Olsen, Ott, Otte, Ourada, Owens, Plale, Porter, Powers, Schafer, Seratti, Skindrud, Spillner, Sykora, Underheim, Urban, Vrakas, Walker, Ward, Wieckert, Ziegelbauer, Zukowski and Speaker Jensen - 53.
Noes - Representatives Baldwin, Baumgart, Black, Bock, Boyle, Carpenter, Coggs, Cullen, Dueholm, Gronemus, Hanson, Hasenohrl, Hebl, Huber, Hubler, Kreuser, Krug, Kunicki, La Fave, J. Lehman, Linton, Meyer, Morris-Tatum, Murat, Notestein, Plouff, R. Potter, Reynolds, Riley, Robson, Ryba, Schneider, Springer, Staskunas, Steinbrink, Travis, Turner, Vander Loop, Wasserman, Williams, Wood, L. Young and R. Young - 43.
Absent or not voting - Representatives Krusick and Musser - 2.
Motion carried.
The question was: Shall Assembly Joint Resolution 111 be adopted?
Motion carried.
Representative Ladwig asked unanimous consent that the rules be suspended and that Assembly Joint Resolution 111 be immediately messaged to the Senate. Granted.
Senate Bill 315
Relating to: eliminating the office of health care information and transferring functions related to collection, analysis and dissemination of health care information to the department of health and family services, confidentiality of patient health care records, granting rule-making authority, providing a penalty and making appropriations.
Representative Duff in the chair.
