Assembly
Record of Committee Proceedings
Committee on Criminal Justice and Public Safety
Assembly Bill 482
Relating to: financial exploitation of vulnerable adults with securities accounts, violations of the Wisconsin Uniform Securities Law, granting rule-making authority, and providing a penalty.
By Representatives Macco, Wittke, Bowen, Brandtjen, Dittrich, Edming, Gundrum, Horlacher, James, Katsma, Knodl, Krug, Kulp, Magnafici, Mursau, Novak, Petersen, Petryk, Plumer, Quinn, Ramthun, Rohrkaste, Schraa, Steffen, Summerfield, Thiesfeldt, Tittl, Tranel and Felzkowski; cosponsored by Senators Testin, Carpenter, Bernier, Cowles, Olsen, Petrowski and Wirch.
September 26, 2019 Referred to Committee on Criminal Justice and Public Safety
November 14, 2019 Public Hearing Held
Present: (10) Representative Spiros; Representatives Sortwell, Ott, Duchow, Novak, Crowley, Spreitzer, Emerson, Stubbs and McGuire.
Absent: (0) None.
Excused: (4) Representatives Steffen, Horlacher, Schraa and Krug.
Appearances For
· Senator Patrick Testin
· Helen Marks Dicks - AARP
· April Devalkeneare - IAFCI, Waukesha County District Attorney's Office
Appearances Against
· Iris Christenson - State Bar of Wisconsin - Elder Law Section
Appearances for Information Only
· Janet Zamder - Greater Wisconsin Agency on Aging Resources
Registrations For
· Jon Turke - Wisconsin Bakers Association
· Bill McClenahan - NAIFA Wisconsin
· Jim Hrncirik - AARP
· David Dorn - AARP
· Judith Craig - AARP
· Margaret Hrncirik - AARP
· Nancy Koch - AARP
· Joe Kallas - AARP
· Steve Powell - AARP
· Patrick Meier - AARP
· Patsy Evans - AARP
· Carol Greene - AARP
· Susan Fadness - AARP
· Carol Martell - AARP
· Stuart Martell - AARP
· Richard Crary - AARP
· Representative John Macco
Registrations Against
· None.
Registrations for Information Only
· None.
January 09, 2020 Executive Session Held
Present: (14) Representative Spiros; Representatives Sortwell, Ott, Steffen, Horlacher, Duchow, Novak, Schraa, Krug, Crowley, Spreitzer, Emerson, Stubbs and McGuire.
Absent: (0) None.
Excused: (0) None.
Moved by Representative Krug, seconded by Representative Horlacher that Assembly Bill 482 be recommended for passage.
Ayes: (13) Representative Spiros; Representatives Ott, Steffen, Horlacher, Duchow, Novak, Schraa, Krug, Crowley, Spreitzer, Emerson, Stubbs and McGuire.
Noes: (1) Representative Sortwell.
PASSAGE RECOMMENDED, Ayes 13, Noes 1
______________________________
Erin Clark
Committee Clerk
