Senate
Record of Committee Proceedings
Committee on Insurance, Housing, and Trade
Senate Bill 629
Relating to: the redemption period and notice of sale applicable to a foreclosure action involving noncommercial property and procedures regarding abandoned property in a foreclosure action.
By Senators Lasee and Stroebel; cosponsored by Representatives Katsma, Allen, Craig, Gannon, Jarchow, Kremer and Macco.
January 22, 2016 Referred to Committee on Insurance, Housing, and Trade
February 10, 2016 Public Hearing Held
Present: (5) Senator Lasee; Senators Olsen, Roth, Bewley and Harris Dodd.
Absent: (0) None.
Excused: (0) None.
Appearances For
· Representative Terry Katzma - 26th Assembly District
· Senator Frank Lasee - 1st Senate District
· Jon Turke - Wisconsin Bankers Association
Appearances Against
· Vicky Selkowe - Legal Action of Wisconsin
· April Hartman - Legal Action of Wisconsin
· Gregg Hagopian - City of Milwaukee
Appearances for Information Only
· None.
Registrations For
· George Klaetsch - WI Mortgage Bankers Assn
· Sarah Wainscott - Wisconsin Credit Union League
Registrations Against
· Curt Witynski - League of Wisconsin Municipalities
Registrations for Information Only
· None.
February 10, 2016 Executive Session Held
Present: (5) Senator Lasee; Senators Olsen, Roth, Bewley and Harris Dodd.
Absent: (0) None.
Excused: (0) None.
March 03, 2016 Executive Session Held
Present: (5) Senator Lasee; Senators Olsen, Roth, Bewley and Harris Dodd.
Absent: (0) None.
Excused: (0) None.
Moved by Senator Lasee that Senate Amendment 1 be recommended for adoption.
Ayes: (3) Senator Lasee; Senators Olsen and Roth.
Noes: (2) Senators Bewley and Harris Dodd.
SENATE AMENDMENT 1 ADOPTION RECOMMENDED, Ayes 3, Noes 2
Moved by Senator Lasee that Senate Bill 629 be recommended for passage as amended.
Ayes: (3) Senator Lasee; Senators Olsen and Roth.
Noes: (2) Senators Bewley and Harris Dodd.
PASSAGE AS AMENDED RECOMMENDED, Ayes 3, Noes 2
Robert Kovach
Committee Clerk
