Senate

Record of Committee Proceedings

Committee on Financial Institutions and Sporting Heritage

Senate Bill 579

Relating to: regulating earned wage access services, granting rule-making authority, and providing a penalty.

By Senators Stafsholt, Tomczyk and Cowles; cosponsored by Representatives Dallman, Neylon, Allen, Dittrich, Gundrum, Murphy, Mursau, Nedweski, Novak, Rettinger, Steffen and Tusler.

October 30, 2023        Referred to Committee on Financial Institutions and Sporting Heritage

December 06, 2023     Public Hearing Held

Present:       (4)        Senator Stafsholt; Senators Felzkowski, Tomczyk and Agard.

Absent:       (0)        None.

Excused:     (1)        Senator Spreitzer.

Appearances For

·      Senator Rob Stafsholt - 10th SD

·      Ben LaRocco - EarnIn

·      Ryan Naples - Daily Pay

Appearances Against

·      None.

Appearances for Information Only

·      None.

Registrations For

·      Brian Dake - WI Independent Businesses

·      Representative Alex Dallman - 41st AD

Registrations Against

·      None.

Registrations for Information Only

·      None.

February 16, 2024       Executive Session Held

Present:       (5)        Senator Stafsholt; Senators Felzkowski, Tomczyk, Spreitzer and Agard.

Absent:       (0)        None.

Excused:     (0)        None.

Moved by  that Senate Amendment 1 be recommended for adoption.

Ayes:     (5)     Senator Stafsholt; Senators Felzkowski, Tomczyk, Spreitzer and Agard.

Noes:     (0)     None.

SENATE AMENDMENT 1 ADOPTION RECOMMENDED, Ayes 5, Noes 0

Moved by  that Senate Bill 579 be recommended for passage as amended.

Ayes:     (5)     Senator Stafsholt; Senators Felzkowski, Tomczyk, Spreitzer and Agard.

Noes:     (0)     None.

PASSAGE AS AMENDED RECOMMENDED, Ayes 5, Noes 0

______________________________

Sharlene Konkel

Committee Clerk