Senate
Record of Committee Proceedings
Committee on Financial Institutions and Rural Issues
Senate Bill 116
Relating to: remittance transfers under the Uniform Commercial Code Article 4A, relating to funds transfers.
By Senators Lasee, L. Taylor and Lehman; cosponsored by Representatives Sanfelippo, Craig, Brooks and Kahl.
April 01, 02013 Referred to Committee on Financial Institutions and Rural Issues
May 08, 2013 Public Hearing Held
Present: (3) Senator Schultz; Senators Petrowski and Jauch.
Absent: (0) None.
Excused: (2) Senators Lasee and Lassa.
Appearances For
· Rob Kovach - Sen. Lasee
· Jay Risch - WI Bankers Association
· Heather MacKinnon - Wisconsin Bankers Association
Appearances Against
· None.
Appearances for Information Only
· None.
Registrations For
· Daryll Lund - Community Bankers of WI
· Tom Liebe - WI Credit Union League
Registrations Against
· None.
Registrations for Information Only
· None.
May 10, 2013 Executive Session Held
Present: (0) None.
Absent: (0) None.
Excused: (0) None.
Moved by that Senate Bill 116 be recommended for passage.
Ayes: (5) Senator Schultz; Senators Lasee, Petrowski, Lassa and Jauch.
Noes: (0) None.
PASSAGE RECOMMENDED, Ayes 5, Noes 0
______________________________
Sanchit Mulmuley
Committee Clerk