Senate

Record of Committee Proceedings

Committee on Insurance, Housing and Trade

Senate Bill 274

Relating to: life insurance and annuity benefits.

By Senators Craig, Wirch, Harsdorf, Nass and Olsen; cosponsored by Representatives Jacque, Duchow, R. Brooks, Genrich, Murphy, Thiesfeldt and Tusler.

May 25, 2017              Referred to Committee on Insurance, Housing and Trade

October 11, 2017        Public Hearing Held

Present:       (5)        Senator Lasee; Senators Olsen, Craig, Bewley and Larson.

Absent:       (0)        None.

Excused:     (0)        None.

Appearances For

·      Senator David Craig - 28th Senate District

·      Connie O'Connell - Wi Council of Life Insurers

·      David Westmark - Thrivent Financial/ACLI

Appearances Against

·      None.

Appearances for Information Only

·      JP Wieske - Office of the Commissioner of Insurance

Registrations For

·      Monica Groves - American Family Insurance

·      Brian Pleva - Northwestern Mutual

Registrations Against

·      None.

Registrations for Information Only

·      None.

October 11, 2017        Executive Session Held

Present:       (5)        Senator Lasee; Senators Olsen, Craig, Bewley and Larson.

Absent:       (0)        None.

Excused:     (0)        None.

October 20, 2017        Executive Session Held by Paper Ballot

Present:       (5)        Senator Lasee; Senators Olsen, Craig, Bewley and Larson.

Absent:       (0)        None.

Excused:     (0)        None.

Moved by Senator Lasee, seconded by Senator Olsen that Senate Bill 274 be recommended for passage.

Ayes:     (5)     Senator Lasee; Senators Olsen, Craig, Bewley and Larson.

Noes:     (0)     None.

PASSAGE RECOMMENDED, Ayes 5, Noes 0

_

Robert Kovach

Committee Clerk