Senate

Record of Committee Proceedings

Committee on Economic Development and Local Government

Assembly Bill 350

Relating to: exemptions from securities registration requirements.

By Representatives Craig, Weininger, August, Bernier, Czaja, Genrich, Hutton, Jagler, Kapenga, Kleefisch, Knodl, Kooyenga, Kramer, Kuglitsch, Murphy, Nass, Sanfelippo, Schraa, Suder, Thiesfeldt and Neylon; cosponsored by Senators Vukmir, Gudex, Darling, Farrow, Grothman, Lasee, Tiffany and T. Cullen.

October 08, 02013      Referred to Committee on Economic Development and Local Government

October 10, 2013        Public Hearing Held

Present:       (5)        Senator Gudex; Senators Petrowski, Leibham, Lassa and L. Taylor.

Absent:       (0)        None.

Excused:     (0)        None.

Appearances For

·      Nathan Schacht - Representing Rep. Dave Craig

·      Georgia Maxwell - DFI

·      Rep. Weininger - State Assembly

·      Dean Cady - Representing Senator Vukmir

Appearances Against

·      None.

Appearances for Information Only

·      None.

Registrations For

·      Rebecca Hogan - WEDA

·      Brian Dake - WI Independent Businesses

·      Mike Semmann - WI Bankers Assoc.

Registrations Against

·      None.

Registrations for Information Only

·      None.

October 11, 2013        Executive Session Held

Present:       (5)        Senator Gudex; Senators Petrowski, Leibham, Lassa and L. Taylor.

Absent:       (0)        None.

Excused:     (0)        None.

Moved by Senator Petrowski, seconded by Senator Leibham that Assembly Bill 350 be recommended for concurrence.

Ayes:     (5)     Senator Gudex; Senators Petrowski, Leibham, Lassa and L. Taylor.

Noes:     (0)     None.

CONCURRENCE RECOMMENDED, Ayes 5, Noes 0

______________________________

Tim Lakin

Committee Clerk