Assembly

Record of Committee Proceedings

Committee on Financial Institutions

Assembly Bill 357

Relating to: shareholders' meetings of business corporations.

By Representatives Jarchow, Ballweg, R. Brooks, Doyle, Gannon, Horlacher, Katsma, Kerkman, Kooyenga, Krug, Kuglitsch, Kulp, Macco, Murphy, Ripp, Rohrkaste, Sanfelippo, Spiros, Steffen, Tusler and Zepnick; cosponsored by Senators Kapenga, Craig, Feyen, LeMahieu, Nass, Stroebel, Testin and Wanggaard.

May 31, 2017              Referred to Committee on Financial Institutions

September 27, 2017    Public Hearing Held

Present:       (14)      Representative Katsma; Representatives Jarchow, Allen, Stafsholt, Petryk, Weatherston, Murphy, Petersen, Kitchens, Doyle, Young, Zepnick, Bowen and Meyers.

Absent:       (0)        None.

Excused:     (2)        Representatives Sanfelippo and Fields.

Appearances For

·      Representative Adam Jarchow - 28th Assembly District

·      Louis Condon - Gener8tor

·      Ryan Morrison - Quarles and Brady LLC

·      Jason Sharkey - Hale Medical, LLC

·      Steve Baas - Metropolitan Milwaukee Association of Commerce

·      Lucas Vebber - Wisconsin Manufacturers and Commerce

Appearances Against

·      None.

Appearances for Information Only

·      None.

Registrations For

·      Senator Chris Kapenga - 33rd Senate District

·      Bill Skewes - Wisconsin Utilities Association

·      Bryan Brooks - Alliant Energy

·      Mark Sericati - Schneider National

·      Jon Turke - Wisconsin Bankers Association

Registrations Against

·      None.

Registrations for Information Only

·      None.

October 18, 2017        Executive Session Held

Present:       (11)      Representative Katsma; Representatives Allen, Sanfelippo, Petryk, Weatherston, Murphy, Kitchens, Doyle, Young, Meyers and Fields.

Absent:       (0)        None.

Excused:     (5)        Representatives Jarchow, Stafsholt, Petersen, Zepnick and Bowen.

Moved by Representative Young, seconded by Representative Petryk that Assembly Bill 357 be recommended for passage.

Ayes:     (11)   Representative Katsma; Representatives Allen, Sanfelippo, Petryk, Weatherston, Murphy, Kitchens, Doyle, Young, Meyers and Fields.

Noes:     (0)     None.

PASSAGE RECOMMENDED, Ayes 11, Noes 0

______________________________

Nick Krueger

Committee Clerk