Assembly

Record of Committee Proceedings

Committee on Financial Institutions

Assembly Bill 58

Relating to: bank service corporations and credit union service organizations.

By Representatives Craig, Marklein, Czaja, Genrich, Jacque, Kahl, Ohnstad, Sanfelippo, Zepnick and Weininger; cosponsored by Senators Schultz, Lasee, Grothman and Petrowski.

March 07, 02013         Referred to Committee on Financial Institutions

March 13, 2013           Public Hearing Held

Present:       (12)      Representative Craig; Representatives Stroebel, Sanfelippo, Kaufert, Marklein, Weininger, Born, Hintz, Zepnick, Richards, Genrich and Sargent.

Absent:       (0)        None.

Excused:     (3)        Representatives Kapenga, Kramer and Young.

Appearances For

·      David Craig - State Representative - Wisconsin State Assembly

·      Rose Oswald Poels - Wisconsin Bankers Association

Appearances Against

·      None.

Appearances for Information Only

·      None.

Registrations For

·      Michael Mach - Wisconsin Department of Financial Institutions

·      Jim Rabbitt - Cooperative Network

·      Richard McGuigan - Community Bankers of Wisconsin

·      Dale Schultz - Senator - Wisconsin State Senate

·      Sarah Wainscott - Wisconsin Credit Union League

Registrations Against

·      None.

Registrations for Information Only

·      None.

March 27, 2013           Executive Session Held

Present:       (12)      Representative Craig; Representatives Kapenga, Sanfelippo, Kramer, Kaufert, Marklein, Weininger, Hintz, Zepnick, Young, Genrich and Sargent.

Absent:       (1)        Representative Richards.

Excused:     (2)        Representatives Stroebel and Born.

Moved by Representative Kramer, seconded by Representative Weininger that Assembly Bill 58 be recommended for passage.

Ayes:     (12)   Representative Craig; Representatives Kapenga, Sanfelippo, Kramer, Kaufert, Marklein, Weininger, Hintz, Zepnick, Young, Genrich and Sargent.

Noes:     (0)     None.

Absent:  (3)     Representatives Stroebel, Born and Richards.

PASSAGE RECOMMENDED, Ayes 12, Noes 0

______________________________

Nathan Schacht

Committee Clerk