Assembly

Record of Committee Proceedings

Committee on Insurance

Assembly Bill 668

Relating to: rights under certain agreements or qualified financial contracts.

By Representative Petersen; cosponsored by Senator Lasee.

January 11, 2016         Referred to Committee on Insurance

January 14, 2016         Public Hearing Held

Present:       (15)      Representative Petersen; Representatives Tittl, Gannon, Steffen, Jagler, Petryk, Craig, Tranel, Born, August, Doyle, Danou, Berceau, Kahl and Young.

Absent:       (0)        None.

Excused:     (0)        None.

Appearances For

·      Connie O'Connell - WI Council of Life Insurers

·      Brian Pleva - Northwestern Mutual

Appearances Against

·      None.

Appearances for Information Only

·      JP Wieske - OCI

Registrations For

·      None.

Registrations Against

·      None.

Registrations for Information Only

·      None.

January 14, 2016         Executive Session Held

Present:       (15)      Representative Petersen; Representatives Tittl, Gannon, Steffen, Jagler, Petryk, Craig, Tranel, Born, August, Doyle, Danou, Berceau, Kahl and Young.

Absent:       (0)        None.

Excused:     (0)        None.

Moved by Representative Steffen, seconded by Representative Jagler that Assembly Bill 668 be recommended for passage.

Ayes:     (15)   Representative Petersen; Representatives Tittl, Gannon, Steffen, Jagler, Petryk, Craig, Tranel, Born, August, Doyle, Danou, Berceau, Kahl and Young.

Noes:     (0)     None.

PASSAGE RECOMMENDED, Ayes 15, Noes 0

______________________________

Jim Bowers

Committee Clerk