Assembly
Record of Committee Proceedings
Committee on Financial Institutions
Assembly Bill 797
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.
By Representatives Ward, Klusman, Williams, Turner, Gronemus, Staskunas, Brandemuehl, Meyer, Kunicki, Travis, Krusick, Porter, Hasenohrl, Carpenter, Vander Loop, Ryba, La Fave and Hoven; cosponsored by Senators C. Potter and Grobschmidt.
February 19, 1998 Referred to committee on Financial Institutions.
February 25, 1998
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 Ward
· Thomas M Boykoff, Department of Financial Institutions
· Tom Hauke, Wisconsin League of Financial Institutions
· Secretary Richard Dean, Dept. of Financial Institutions
· None.
· None.
· Daryll Lund, Community Bankers of Wisconsin
· Kurt Bauer, Wisconsin Bankers Association
· Dave Anderson, Dept. of Financial Institutions
· None.
March 11, 1998
EXECUTIVE SESSION
Present: (15) Representatives Ward, Hoven, Green, Lazich, Foti, Kedzie, Schafer, Sykora, R. Potter, Travis, La Fave, Meyer, Morris-Tatum, Murat and Plale.
Absent: (0) None.
Moved by Representative Ward, seconded by , that
Assembly Amendment 1
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 R. Potter, that
Assembly Bill 797
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
AKoerner
Committee Clerk