Relating to use of the 1980 CSO Standard Ordinary Life Valuation Mortality Table in determining the minimum standard of valuation reserves and the minimum standard nonforfeiture values for preneed funeral life insurance products.
Submitted by Insurance Commissioner.
Report received from Agency, May 28, 2009.
To committee on Insurance.
Referred on June 11, 2009
.
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Communications
June 11, 2009
Patrick Fuller
Assembly Chief Clerk
17 West Main Street, Suite 401
Madison, WI 53703
Dear Patrick:
Please add me as a co-author to Assembly Amendment 3 to Assembly Substitute Amendment 1 to 2009 Assembly Bill 75.
Sincerely,
bob Ziegelbauer
State Representative
25th Assembly District
Representative Suder asked unanimous consent that the Assembly stand recessed. Granted.
The Assembly stood recessed.
11:45 A.M. Thursday, June 11
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5:25 P.M. Friday, June 12
The Assembly reconvened.
Speaker Pro Tempore Staskunas in the chair.
Representative Nelson asked unanimous consent for a quorum call. Granted.
A quorum was present.
Representative Berceau asked unanimous consent that her leave of absence be lifted. Granted.
Representative Gunderson asked unanimous consent that his leave of absence be lifted. Granted.
Representative Gundrum asked unanimous consent that his leave of absence be lifted. Granted.
Representative Newcomer asked unanimous consent that his leave of absence be lifted. Granted.
Representative Van Akkeren asked unanimous consent that his leave of absence be lifted. Granted.
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Representative Barca asked unanimous consent for a leave of absence for part of today's session for Representative Milroy. Granted.
Assembly Bill 75
Relating to: state finances and appropriations, constituting the executive budget act of the 2009 legislature.
Representative Nelson moved that Assembly amendment 1 to Assembly substitute amendment 1 to Assembly Bill 75 be laid on the table.
The question was: Shall Assembly amendment 1 to Assembly substitute amendment 1 to Assembly Bill 75 be laid on the table?
The roll was taken.
The result follows:
Ayes - Representatives Barca, Benedict, Berceau, Bernard Schaber, Black, Clark, Colon, Cullen, Danou, Dexter, Fields, Garthwaite, Grigsby, Hebl, Hilgenberg, Hintz, Hixson, Hraychuck, Hubler, Jorgensen, Kessler, Krusick, Mason, Molepske Jr., Nelson, Parisi, Pasch, Pocan, Pope-Roberts, Radcliffe, Richards, Roys, Schneider, Seidel, Sherman, Shilling, Sinicki, Smith, Soletski, Staskunas, Steinbrink, Toles, Turner, Van Akkeren, Vruwink, A. Williams, Wood, Young, Zepnick, Ziegelbauer, Zigmunt and Speaker Sheridan - 52.
Noes - Representatives Ballweg, Bies, Brooks, Davis, J. Fitzgerald, Friske, Gottlieb, Gunderson, Gundrum, Honadel, Huebsch, Kaufert, Kerkman, Kestell, Kleefisch, Knodl, Kramer, LeMahieu, Lothian, Meyer, Montgomery, Mursau, Murtha, Nass, Nerison, Newcomer, Nygren, A. Ott, J. Ott, Petersen, Petrowski, Pridemore, Rhoades, Ripp, Roth, Spanbauer, Stone, Strachota, Suder, Tauchen, Townsend, Van Roy, Vos, Vukmir, M. Williams and Zipperer - 46.
Absent or not voting - Representative Milroy - 1.
Motion carried.
Representative Nelson moved that Assembly amendment 2 to Assembly substitute amendment 1 to Assembly Bill 75 be laid on the table.
The question was: Shall Assembly amendment 2 to Assembly substitute amendment 1 to Assembly Bill 75 be laid on the table?
The roll was taken.
The result follows:
Ayes - Representatives Barca, Benedict, Berceau, Bernard Schaber, Black, Clark, Colon, Cullen, Danou, Dexter, Fields, Garthwaite, Grigsby, Hebl, Hilgenberg, Hintz, Hixson, Hraychuck, Hubler, Jorgensen, Kessler, Krusick, Mason, Molepske Jr., Nelson, Parisi, Pasch, Pocan, Pope-Roberts, Radcliffe, Richards, Roys, Schneider, Seidel, Sherman, Shilling, Sinicki, Smith, Soletski, Staskunas, Steinbrink, Toles, Turner, Van Akkeren, Vruwink, A. Williams, Wood, Young, Zepnick, Zigmunt and Speaker Sheridan - 51.
Noes - Representatives Ballweg, Bies, Brooks, Davis, J. Fitzgerald, Friske, Gottlieb, Gunderson, Gundrum, Honadel, Huebsch, Kaufert, Kerkman, Kestell, Kleefisch, Knodl, Kramer, LeMahieu, Lothian, Meyer, Montgomery, Mursau, Murtha, Nass, Nerison, Newcomer, Nygren, A. Ott, J. Ott, Petersen, Petrowski, Pridemore, Rhoades, Ripp, Roth, Spanbauer, Stone, Strachota, Suder, Tauchen, Townsend, Van Roy, Vos, Vukmir, M. Williams, Ziegelbauer and Zipperer - 47.
Absent or not voting - Representative Milroy - 1.
Motion carried.
Representative Nelson moved that Assembly amendment 3 to Assembly substitute amendment 1 to Assembly Bill 75 be laid on the table.
The question was: Shall Assembly amendment 3 to Assembly substitute amendment 1 to Assembly Bill 75 be laid on the table?
The roll was taken.
The result follows:
A221
Ayes - Representatives Barca, Benedict, Berceau, Bernard Schaber, Black, Clark, Colon, Cullen, Danou, Dexter, Fields, Garthwaite, Grigsby, Hebl, Hilgenberg, Hintz, Hixson, Hraychuck, Hubler, Jorgensen, Kessler, Mason, Molepske Jr., Nelson, Parisi, Pasch, Pocan, Pope-Roberts, Radcliffe, Richards, Roys, Schneider, Seidel, Sherman, Shilling, Sinicki, Smith, Soletski, Staskunas, Steinbrink, Toles, Turner, Van Akkeren, Vruwink, A. Williams, Wood, Young, Zepnick, Zigmunt and Speaker Sheridan - 50.
Noes - Representatives Ballweg, Bies, Brooks, Davis, J. Fitzgerald, Friske, Gottlieb, Gunderson, Gundrum, Honadel, Huebsch, Kaufert, Kerkman, Kestell, Kleefisch, Knodl, Kramer, Krusick, LeMahieu, Lothian, Meyer, Montgomery, Mursau, Murtha, Nass, Nerison, Newcomer, Nygren, A. Ott, J. Ott, Petersen, Petrowski, Pridemore, Rhoades, Ripp, Roth, Spanbauer, Stone, Strachota, Suder, Tauchen, Townsend, Van Roy, Vos, Vukmir, M. Williams, Ziegelbauer and Zipperer - 48.
Absent or not voting - Representative Milroy - 1.
Motion carried.
Representative Wood asked unanimous consent to be recorded as voting "No" on the previous question. Granted.
Representative Nelson moved that Assembly amendment 4 to Assembly substitute amendment 1 to Assembly Bill 75 be laid on the table.
The question was: Shall Assembly amendment 4 to Assembly substitute amendment 1 to Assembly Bill 75 be laid on the table?
The roll was taken.
The result follows:
Ayes - Representatives Barca, Benedict, Berceau, Bernard Schaber, Black, Clark, Colon, Cullen, Danou, Dexter, Fields, Garthwaite, Grigsby, Hebl, Hilgenberg, Hintz, Hixson, Hraychuck, Hubler, Jorgensen, Kessler, Mason, Molepske Jr., Nelson, Parisi, Pasch, Pocan, Pope-Roberts, Radcliffe, Richards, Roys, Schneider, Seidel, Sherman, Shilling, Sinicki, Smith, Soletski, Staskunas, Steinbrink, Toles, Turner, Van Akkeren, Vruwink, A. Williams, Wood, Young, Zepnick, Ziegelbauer, Zigmunt and Speaker Sheridan - 51.
Noes - Representatives Ballweg, Bies, Brooks, Davis, J. Fitzgerald, Friske, Gottlieb, Gunderson, Gundrum, Honadel, Huebsch, Kaufert, Kerkman, Kestell, Kleefisch, Knodl, Kramer, Krusick, LeMahieu, Lothian, Meyer, Montgomery, Mursau, Murtha, Nass, Nerison, Newcomer, Nygren, A. Ott, J. Ott, Petersen, Petrowski, Pridemore, Rhoades, Ripp, Roth, Spanbauer, Stone, Strachota, Suder, Tauchen, Townsend, Van Roy, Vos, Vukmir, M. Williams and Zipperer - 47.
Absent or not voting - Representative Milroy - 1.
Motion carried.
Representative Wood asked unanimous consent to be recorded as voting "No" on the previous question. Granted.
Representative Honadel asked unanimous consent that Assembly amendment 5 to Assembly substitute amendment 1 to Assembly Bill 75 be withdrawn and returned to the author. Granted.
Representative Nelson moved that Assembly amendment 6 to Assembly substitute amendment 1 to Assembly Bill 75 be laid on the table.
The question was: Shall Assembly amendment 6 to Assembly substitute amendment 1 to Assembly Bill 75 be laid on the table?
The roll was taken.
The result follows:
Ayes - Representatives Barca, Benedict, Berceau, Bernard Schaber, Black, Clark, Colon, Cullen, Danou, Dexter, Fields, Garthwaite, Grigsby, Hebl, Hilgenberg, Hintz, Hixson, Hraychuck, Hubler, Jorgensen, Kessler, Krusick, Mason, Molepske Jr., Nelson, Parisi, Pasch, Pocan, Pope-Roberts, Radcliffe, Richards, Roys, Schneider, Seidel, Sherman, Shilling, Sinicki, Smith, Soletski, Staskunas, Steinbrink, Toles, Turner, Van Akkeren, Vruwink, A. Williams, Wood, Young, Zepnick, Zigmunt and Speaker Sheridan - 51.
Noes - Representatives Ballweg, Bies, Brooks, Davis, J. Fitzgerald, Friske, Gottlieb, Gunderson, Gundrum, Honadel, Huebsch, Kaufert, Kerkman, Kestell, Kleefisch, Knodl, Kramer, LeMahieu, Lothian, Meyer, Montgomery, Mursau, Murtha, Nass, Nerison, Newcomer, Nygren, A. Ott, J. Ott, Petersen, Petrowski, Pridemore, Rhoades, Ripp, Roth, Spanbauer, Stone, Strachota, Suder, Tauchen, Townsend, Van Roy, Vos, Vukmir, M. Williams, Ziegelbauer and Zipperer - 47.
Absent or not voting - Representative Milroy - 1.
Motion carried.
Representative Nelson moved that Assembly amendment 7 to Assembly substitute amendment 1 to Assembly Bill 75 be laid on the table.
The question was: Shall Assembly amendment 7 to Assembly substitute amendment 1 to Assembly Bill 75 be laid on the table?
The roll was taken.
The result follows:
Ayes - Representatives Barca, Benedict, Berceau, Bernard Schaber, Black, Clark, Colon, Cullen, Danou, Dexter, Fields, Garthwaite, Grigsby, Hebl, Hilgenberg, Hintz, Hixson, Hraychuck, Hubler, Jorgensen, Kessler, Krusick, Mason, Molepske Jr., Nelson, Parisi, Pasch, Pocan, Pope-Roberts, Radcliffe, Richards, Roys, Schneider, Seidel, Sherman, Shilling, Sinicki, Smith, Soletski, Staskunas, Steinbrink, Toles, Turner, Van Akkeren, Vruwink, A. Williams, Wood, Young, Zepnick, Zigmunt and Speaker Sheridan - 51.
Noes - Representatives Ballweg, Bies, Brooks, Davis, J. Fitzgerald, Friske, Gottlieb, Gunderson, Gundrum, Honadel, Huebsch, Kaufert, Kerkman, Kestell, Kleefisch, Knodl, Kramer, LeMahieu, Lothian, Meyer, Montgomery, Mursau, Murtha, Nass, Nerison, Newcomer, Nygren, A. Ott, J. Ott, Petersen, Petrowski, Pridemore, Rhoades, Ripp, Roth, Spanbauer, Stone, Strachota, Suder, Tauchen, Townsend, Van Roy, Vos, Vukmir, M. Williams, Ziegelbauer and Zipperer - 47.
A222
Absent or not voting - Representative Milroy - 1.
Motion carried.
