Senate

Senate
Record of Committee Proceedings

Committee on Labor, Transportation and Financial Institutions

Assembly Bill 669

Relating to: repealing the rejection of federal preemption over state interest rate provisions.

By Representatives Kedzie, Ward, Hoven, Jensen, Ladwig, Gunderson, Lorge, Hahn, Olsen, Springer and Seratti; cosponsored by Senators Welch and Weeden.

February 12, 1998 Referred to committee on Labor, Transportation and Financial Institutions.

March 3, 1998 PUBLIC HEARING HELD

Present: (6) Senators Plache, Moore, Decker, Zien, Darling and Farrow.

Absent: (0) None.

Appearances for

· Tom Hauke, Wis. League of Financial Institutions

· Jim Huff, Department of Financial Institutions

Appearances against

· None.

Appearances for Information Only

· None.

Registrations for

· Kurt R. Bauer, Wisconsin Bankers Assn

· Sharon Cook, M&I

Registrations against

· None.

March 6, 1998 EXECUTIVE SESSION - POLLING

Moved by Senator Plache, that Assembly Bill 669

be recommended for concurrence.

Ayes: (6) Senators Plache, Moore, Decker, Zien, Darling and Farrow.

Noes: (0) None.

Absent: (0) None.

CONCURRENCE RECOMMENDED, Ayes 6, Noes 0, Absent 0

John G. Anderson

Committee Clerk