Senate

Record of Committee Proceedings

Committee on Insurance, Housing, and Trade

Senate Bill 537

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

By Senators Lasee, Olsen, Roth, Harris Dodd and Bewley; cosponsored by Representative Petersen.

January 08, 2016         Referred to Committee on Insurance, Housing, and Trade

January 27, 2016         Public Hearing Held

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

Absent:       (0)        None.

Excused:     (0)        None.

Appearances For

·      Connie O'Connell - Wisconsin Council of Life Insurers

·      Brian Pleva - Northwestern Mutual

Appearances Against

·      None.

Appearances for Information Only

·      JP Wieske - Office of the Commissioner of Insurance

Registrations For

·      None.

Registrations Against

·      None.

Registrations for Information Only

·      None.

January 27, 2016         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 Harris Dodd that Senate Bill 537 be recommended for passage.

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

Noes:     (0)     None.

PASSAGE RECOMMENDED, Ayes 5, Noes 0

Robert Kovach

Committee Clerk