Assembly
Record of Committee Proceedings
Committee on Financial Institutions
Assembly Bill 167
Relating to: requiring the Department of Financial Institutions to study and report on establishing a section 529A ABLE savings account program.
By Representatives Mursau, Jagler, Loudenbeck, Moses, Murphy, Petryk, Rozar, Summerfield, Tauchen, Thiesfeldt, Tusler and Wichgers; cosponsored by Senators Jacque and Ballweg.
March 16, 2021 Referred to Committee on Financial Institutions
October 06, 2021 Public Hearing Held
Present: (9) Representative Duchow; Representatives Katsma, Allen, Murphy, Petryk, Horlacher, Doyle, B. Meyers and Brostoff.
Absent: (0) None.
Excused: (0) None.
Appearances For
· Representative Jeff Mursau - 36th Assembly District
· Lisa Pugh - The ARC Wisconsin
· Tami Jackson - Wisconsin Board for People with Developmental Disabilities
Appearances Against
· None.
Appearances for Information Only
· None.
Registrations For
· Senator Andre Jacque - 1st Senate District
· Abigail Tessman
· Sarah Wainscott - Wisconsin Credit Union League
· John Cronin - Wiconsin Bankers Assocation
· Kathleen Oberneder - Crescendo Wealth Management
· Bryan Greenen - CUNA Mutual Group
Registrations Against
· None.
Registrations for Information Only
· Secretary Kathy Blumenfeld - Department of Financial Institutions
October 21, 2021 Executive Session Held
Present: (8) Representative Duchow; Representatives Katsma, Allen, Murphy, Horlacher, Doyle, B. Meyers and Brostoff.
Absent: (0) None.
Excused: (1) Representative Petryk.
Moved by Representative Allen, seconded by Representative Doyle that Assembly Bill 167 be recommended for passage.
Ayes: (8) Representative Duchow; Representatives Katsma, Allen, Murphy, Horlacher, Doyle, B. Meyers and Brostoff.
Noes: (0) None.
PASSAGE RECOMMENDED, Ayes 8, Noes 0
______________________________
Alex Richter
Committee Clerk
