Senate
Record of Committee Proceedings

Committee on Labor, Transportation and 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.

March 19, 1998 Referred to committee on Labor, Transportation and Financial Institutions.

March 24, 1998
PUBLIC HEARING HELD


Present: (6) Senators Plache, Moore, Decker, Zien, Darling and Farrow.
Absent: (0) None.

Appearances for
· Sen. Potter, Sponsor of AB 797
· Richard Dean, Secretary, Dept. of Financial Institutions
· Thomas M. Boykoff, Dept. of Financial Institutions

Appearances against
· None.

Appearances for Information Only
· None.

Registrations for
· Thomas Hauke, Wis. League of Financial Institutions
· Rep. David Ward

Registrations against
· None.

March 24, 1998
EXECUTIVE SESSION


Present: (6) Senators Plache, Moore, Decker, Zien, Darling and Farrow.
Absent: (0) None.

Moved by Senator Moore, seconded by Senator Decker, that
Assembly Bill 797
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
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