Assembly

Assembly
Record of Committee Proceedings

Committee on Consumer Affairs

Assembly Bill 389

Relating to: permissible fees on open-end consumer credit plans.

By Representatives Cullen, Ryba, Schneider, Hoven, Musser, Bock, R. Young, Sykora, Kreuser, Albers, J. Lehman, Baumgart, Carpenter, Powers, Williams, Notestein, Hahn, Harsdorf, L. Young and Gronemus; cosponsored by Senators Risser and Clausing.

May 27, 1997 Referred to committee on Consumer Affairs.

November 20, 1997 PUBLIC HEARING HELD

Present: (7) Representatives Otte, Johnsrud, Ott, M. Lehman, Urban, Hasenohrl and Black.

Absent: (1) Representative Williams.

Appearances for

· Representative David Cullen, author

Appearances against

· Kurt Bauer, Madison, Wisconsin Bankers Association

Appearances for Information Only

· None.

Registrations for

· Joanne Ricca, Milwaukee, Wisconsin State AFL-CIO

· Kelly Kennedy, Wisconsin Department of Justice

Registrations against

· Doug Johnson, WI Merchants Federation and the Midwest Hardware Association

· John C. Yingling, Milwaukee, Firstar Corporation

· Michael R. Vaughan, Madison, Wisconsin Bankers Association

January 29, 1998 EXECUTIVE SESSION

Present: (8) Representatives Otte, Johnsrud, Ott, M. Lehman, Urban, Williams, Hasenohrl and Black.

Absent: (0) None.

Moved by Representative Hasenohrl, seconded by Representative Williams, that Assembly Bill 389

be recommended for passage.

Ayes: (6) Representatives Otte, Ott, Urban, Williams, Hasenohrl and Black.

Noes: (2) Representatives Johnsrud and M. Lehman.

Absent: (0) None.

PASSAGE RECOMMENDED, Ayes 6, Noes 2, Absent 0

Daniel A. Young

Committee Clerk