Assembly
Record of Committee Proceedings
Committee on Financial Institutions
Assembly Bill 489
Relating to: the priority of a mortgage executed to an institution chartered by the federal Farm Credit Administration.
By Representatives Ballweg, Hebl, Edming, Krug, Skowronski, Spreitzer, Tusler and VanderMeer; cosponsored by Senators Marklein, Miller, Cowles, Erpenbach and Testin.
October 01, 2019 Referred to Committee on Financial Institutions
October 30, 2019 Public Hearing Held
Present: (11) Representative Duchow; Representatives Dittrich, Allen, Petryk, Katsma, Murphy, Petersen, Doyle, B. Meyers, Hesselbein and Vining.
Absent: (0) None.
Excused: (4) Representatives Stafsholt, Sanfelippo, Kitchens and Fields.
Appearances For
· Representative Joan Ballweg - 41st Assembly district
· Senator Howard Marklein - 17th Senate District
· Jonathan Rene - Green Stone Farm Credit Services
· Paul Kohls - Compeer Financial
· Bill Oemichen - AgCountry Farm Credit
Appearances Against
· None.
Appearances for Information Only
· None.
Registrations For
· Jennifer Wickman - Cooperative Network
Registrations Against
· None.
Registrations for Information Only
· None.
November 05, 2019 Executive Session Held
Present: (15) Representative Duchow; Representatives Stafsholt, Dittrich, Allen, Sanfelippo, Petryk, Katsma, Murphy, Petersen, Kitchens, Doyle, B. Meyers, Hesselbein, Fields and Vining.
Absent: (0) None.
Excused: (0) None.
Moved by Representative Doyle, seconded by Representative Fields that Assembly Bill 489 be recommended for passage.
Ayes: (15) Representative Duchow; Representatives Stafsholt, Dittrich, Allen, Sanfelippo, Petryk, Katsma, Murphy, Petersen, Kitchens, Doyle, B. Meyers, Hesselbein, Fields and Vining.
Noes: (0) None.
PASSAGE RECOMMENDED, Ayes 15, Noes 0
______________________________
Alicia Dorsett
Committee Clerk
