Assembly
Record of Committee Proceedings
Committee on Financial Institutions
Assembly Bill 458
Relating to: regulating the investments of trustees.
By Representatives Cullen and Green; cosponsored by Senators George and Huelsman.
July 15, 1997 Referred to committee on Financial Institutions.
October 8, 1997
PUBLIC HEARING HELD
Present: (14) Representatives Ward, Hoven, Green, Lazich, Foti, Kedzie, Schafer, Sykora, R. Potter, Travis, La Fave, Meyer, Morris-Tatum and Murat.
Absent: (1) Representative Plale.
· Representative David Cullen
· Kathryn Norton, WI State Bar/ WI Trustees Association
· None.
· None.
· Michael Vaughan, WI Bankers Association
· Timothy Elverman, Bank One, Wisconsin
· Peter Christianson, WI Trustees Association
· None.
October 22, 1997
EXECUTIVE SESSION
Present: (13) Representatives Ward, Hoven, Lazich, Foti, Kedzie, Schafer, Sykora, R. Potter, Travis, La Fave, Meyer, Morris-Tatum and Murat.
Absent: (2) Representatives Green and Plale.
Moved by Representative Morris-Tatum, seconded by Representative Murat, that
Assembly Substitute Amendment 1 to Assembly Bill 458
be recommended for introduction and 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) None.
Absent: (0) None.
INTRODUCTION AND ADOPTION RECOMMENDED, Ayes 15, Noes 0, Absent 0
Moved by Representative Morris-Tatum, seconded by Representative Murat, that
Assembly Bill 458
be recommended for 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) None.
Absent: (0) None.
PASSAGE AS AMENDED RECOMMENDED, Ayes 15, Noes 0, Absent 0
Aaron Moede
Committee Clerk