Senate

Record of Committee Proceedings

Committee on Insurance, Housing, and Trade

Assembly Bill 129

Relating to: structured settlement factoring transactions.

By Joint Legislative Council.

May 21, 2015              Referred to Committee on Insurance, Housing, and Trade

October 06, 2015        Public Hearing Held

Present:       (5)        Senator Lasee; Senators Olsen, Roth, Bewley and Harris Dodd.

Absent:       (0)        None.

Excused:     (0)        None.

Appearances For

·      Representative Jim  Ott - 23rd Assembly District

·      Earl Nesbitt - National Association of Settlement Purchasers (NASP)

Appearances Against

·      None.

Appearances for Information Only

·      None.

Registrations For

·      Ron Kuehn - Professional Insurance Agents of WI

·      Theresa Elliott - Sentry Insurance

·      Matt Banaszynki - Independent Insurance Agents of WIsconsin

·      Benjamin Malsch

·      Andy Franken - Wisconsin Insurance Alliance

Registrations Against

·      None.

Registrations for Information Only

·      None.

October 06, 2015        Executive Session Held

Present:       (5)        Senator Lasee; Senators Olsen, Roth, Bewley and Harris Dodd.

Absent:       (0)        None.

Excused:     (0)        None.

Moved by Senator Olsen, seconded by Senator Roth that Assembly Bill 129 be recommended for concurrence.

Ayes:     (5)     Senator Lasee; Senators Olsen, Roth, Bewley and Harris Dodd.

Noes:     (0)     None.

CONCURRENCE RECOMMENDED, Ayes 5, Noes 0

______________________________

Robert Kovach

Committee Clerk