Senate

Record of Committee Proceedings

Committee on Financial Institutions and Rural Issues

Senate Bill 290

Relating to: mortgage satisfaction and an exception to the real estate transfer fee.

By Senators Harsdorf and Shilling; cosponsored by Representatives Stroebel, Bernier, Nygren, A. Ott, Kooyenga, Doyle, Jacque and Thiesfeldt.

September 10, 02013  Referred to Committee on Financial Institutions and Rural Issues

September 26, 2013    Public Hearing Held

Present:                   (5)     Senator Schultz; Senators Lasee, Petrowski, Lassa and Jauch.

Absent:                   (0)     None.

Excused:                 (0)     None.

Appearances For

·      Brooke Froelich - Sen. Harsdorf's office

·      John Soper - Rep. Stroebel's office

·      Cheri Hipenbecker - Wisconsin Land Title Association

Appearances Against

·      None.

Appearances for Information Only

·      None.

Registrations For

·      George Klaetsch - WI Mortgage Bankers Association

·      Daryll Lund - Community Bankers of WI

·      Pete Christiansen - Wisconsin Land Title Association

Registrations Against

·      None.

Registrations for Information Only

·      None.

October 08, 2013        Executive Session Held

Present:                   (5)     Senator Schultz; Senators Lasee, Petrowski, Lassa and Jauch.

Absent:                   (0)     None.

Excused:                 (0)     None.

Moved by Senator Lassa, seconded by Senator Petrowski that Senate Bill 290 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