Assembly
Record of Committee Proceedings
Committee on Financial Institutions
Assembly Bill 725
Relating to: central bank digital currency.
By Representatives Rozar, Bodden, O'Connor, Allen, Armstrong, Behnke, Binsfeld, Brooks, Goeben, Murphy, Penterman, Rettinger, Schmidt and Brandtjen; cosponsored by Senators Tomczyk, Nass and Ballweg.
December 06, 2023 Referred to Committee on Financial Institutions
January 10, 2024 Public Hearing Held
Present: (9) Representative Duchow; Representatives O'Connor, Allen, Katsma, Murphy, Petryk, Rettinger, J. Anderson and Jacobson.
Absent: (0) None.
Excused: (1) Representative Doyle.
Appearances For
· Rep. Donna Rozar - 69th Assembly District
· Rep. Ty Bodden - 59th Assembly District
· Representative Jerry O'Connor - 52nd Assembly District
Appearances Against
· None.
Appearances for Information Only
· None.
Registrations For
· Tyler Foti - Wisconsin Bankers Assn
Registrations Against
· None.
Registrations for Information Only
· None.
January 31, 2024 Executive Session Held
Present: (10) Representative Duchow; Representatives O'Connor, Allen, Katsma, Murphy, Petryk, Rettinger, Doyle, J. Anderson and Jacobson.
Absent: (0) None.
Excused: (0) None.
Moved by Representative Allen, seconded by Representative Murphy that Assembly Bill 725 be recommended for passage.
Ayes: (7) Representative Duchow; Representatives O'Connor, Allen, Katsma, Murphy, Petryk and Rettinger.
Noes: (3) Representatives Doyle, J. Anderson and Jacobson.
PASSAGE RECOMMENDED, Ayes 7, Noes 3
______________________________
Dan Hubert
Committee Clerk
