Senate

Record of Committee Proceedings

Committee on Veterans and Military Affairs and Constitution and Federalism

Senate Bill 566

Relating to: adopting revisions to the state's uniform limited partnership law and the state's limited liability company law; making modifications to the state's uniform partnership law; procedures applicable to business corporations and nonstock corporations; certificates of authority of service insurance corporations; providing an exemption from emergency rule procedures; granting rule-making authority; and providing a penalty.

By Senators Wimberger and L. Taylor; cosponsored by Representatives Tusler, Brooks, Cabral-Guevara, Dittrich, Goyke, Hebl, Knodl, Macco, Rozar and Skowronski.

September 15, 2021    Referred to Committee on Veterans and Military Affairs and Constitution and Federalism

October 21, 2021        Public Hearing Held

Present:       (5)        Senator Wimberger; Senators Jacque, Roth, Carpenter and Wirch.

Absent:       (0)        None.

Excused:     (0)        None.

Appearances For

·      Senator Eric  Wimberger - 30th Senate District

·      Representative Ron Tusler - 3rd Assembly District

·      Libby Synder - Uniform Law Commission

·      Joe Boucher - WICPA & State Bar Business Law

·      Tom Nichols - WICPA & State Bar of Wisconsin

·      Andrew Parrish - WI State Bar Business Law Section

·      Randal Brotherhood - State Bar of Wisconsin

·      Adam Tutaj - State Bar of Wiconsin

Appearances Against

·      None.

Appearances for Information Only

·      None.

Registrations For

·      Cale Battles - State Bar of Wisconsin Business Law

·      Tammy Hofstede - WICPA

·      Alice O'Connor - WICPA

Registrations Against

·      None.

Registrations for Information Only

·      Patti Epstein - WI DFI

December 14, 2021     Executive Session Held

Present:       (5)        Senator Wimberger; Senators Jacque, Roth, Carpenter and Wirch.

Absent:       (0)        None.

Excused:     (0)        None.

Moved by Senator Roth, seconded by Senator Jacque that Senate Bill 566 be recommended for passage.

Ayes:     (5)     Senator Wimberger; Senators Jacque, Roth, Carpenter and Wirch.

Noes:     (0)     None.

PASSAGE RECOMMENDED, Ayes 5, Noes 0

______________________________

Mitchel Ohly

Committee Clerk