Assembly
Record of Committee Proceedings
Committee on Financial Institutions
Assembly Bill 649
Relating to: rule-making procedures and modifying and repealing various rules promulgated by the Department of Financial Institutions.
By Representatives Craig, Bies, Brooks, Kahl, Kapenga, Kaufert, Kooyenga, Krug, LeMahieu, Murphy, Sanfelippo, Tauchen, Wright, Hintz and Zepnick; cosponsored by Senators Lasee, Schultz and Grothman.
January 22, 2014 Referred to Committee on Financial Institutions
January 29, 2014 Public Hearing Held
Present: (13) Representative Craig; Representatives Kapenga, Stroebel, Sanfelippo, Kramer, Kaufert, Marklein, Weininger, Born, Hintz, Zepnick, Genrich and Sargent.
Absent: (0) None.
Excused: (2) Representatives Young and Richards.
Appearances For
· Rep. David Craig - Wisconsin State Assembly
· Stan Leedle - Choice Bank
· Tom Liebe - Wisconsin Credit Union League
· Daryll Lund - Community Bankers of Wisconsin
· Mike Mach - Division of Banking
· Georgia Maxwell - Department of Financial Institutions
· Kim Santos - Office of Credit Unions
Appearances Against
· None.
Appearances for Information Only
· None.
Registrations For
· Sen. Frank Lasee – Wisconsin State Senate
· Jay Risch - Wisconsin Bankers Association
Registrations Against
· None.
Registrations for Information Only
· None.
February 04, 2014 Executive Session Held
Present: (15) Representative Craig; Representatives Kapenga, Stroebel, Sanfelippo, Kramer, Kaufert, Marklein, Weininger, Born, Hintz, Zepnick, Young, Richards, Genrich and Sargent.
Absent: (0) None.
Excused: (0) None.
Moved by Representative Craig, seconded by Representative Kaufert that Assembly Amendment 1 be recommended for adoption.
Ayes: (13) Representative Craig; Representatives Kapenga, Stroebel, Sanfelippo, Kaufert, Marklein, Weininger, Born, Zepnick, Young, Richards, Genrich and Sargent.
Noes: (0) None.
Absent: (2) Representatives Kramer and Hintz.
ASSEMBLY AMENDMENT 1 ADOPTION RECOMMENDED, Ayes 13, Noes 0
Moved by Representative Kapenga, seconded by Representative Weininger that Assembly Bill 649 be recommended for passage as amended.
Ayes: (15) Representative Craig; Representatives Kapenga, Stroebel, Sanfelippo, Kramer, Kaufert, Marklein, Weininger, Born, Hintz, Zepnick, Young, Richards, Genrich and Sargent.
Noes: (0) None.
PASSAGE AS AMENDED RECOMMENDED, Ayes 15, Noes 0
______________________________
Nathan Schacht
Committee Clerk
