Assembly

Record of Committee Proceedings

Committee on Financial Institutions

Assembly Bill 1012

Relating to: creating a WisKids savings account program within the college savings program and making an appropriation.

By Representatives Macco, Goyke, C. Anderson, J. Anderson, Andraca, Baldeh, Bare, Behnke, Clancy, Conley, Considine, Drake, Emerson, Hong, Joers, S. Johnson, Krug, Madison, Moore Omokunde, Mursau, Myers, Neubauer, O'Connor, Ohnstad, Palmeri, Ratcliff, Shankland, Sinicki, Snodgrass, Spiros, Subeck and Tranel; cosponsored by Senators Wimberger, Hesselbein, Roys, Spreitzer and Larson.

January 25, 2024         Referred to Committee on Financial Institutions

January 31, 2024         Public Hearing Held

Present:       (10)      Representative Duchow; Representatives O'Connor, Allen, Katsma, Murphy, Petryk, Rettinger, Doyle, J. Anderson and Jacobson.

Absent:       (0)        None.

Excused:     (0)        None.

Appearances For

·      Representative John Macco - 88th Assembly District

·      Representative Evan Goyke - 18th Assembly District

·      Senator Eric Wimberger - 30th Senate District

·      Assistant Deputy Secretary Catherine Haberland - Wisconsin Department of Financial Institutions

·      Jessica Wetzel - Wisconsin Department of Financial Institutions

·      Chelsea Wunnicke - Wisconsin Department of Financial Institutions

·      Jonathon Ferguson - UW-Madison Division of Extension

·      President & CEO Eric Fulcomer - Wisconsin Association of Independent Colleges and Universities (WAICU)

Appearances Against

·      None.

Appearances for Information Only

·      None.

Registrations For

·      Senator Dianne Hesselbein - 27th Senate District

·      Shelby Schmudlach - Wisconsin Credit Union League

·      Lorenzo Cruz - Wisconsin Bankers Association

Registrations Against

·      None.

Registrations for Information Only

·      None.

April 11, 2024             Failed to pass pursuant to Senate Joint Resolution 1

______________________________

Dan Hubert

Committee Clerk