Senate

Record of Committee Proceedings

Committee on Housing, Rural Issues and Forestry

Senate Bill 870

Relating to: various changes regarding the laws governing real estate practice, disclosures regarding real property wholesalers, and providing a penalty.

By Senators Jagler, Agard and Feyen; cosponsored by Representatives Krug, Allen, Brooks, Dallman, Murphy, O'Connor and Ortiz-Velez.

January 05, 2024         Referred to Committee on Housing, Rural Issues and Forestry

February 08, 2024       Public Hearing Held

Present:       (5)        Senator Quinn; Senators Jagler, Stafsholt, Wirch and Spreitzer.

Absent:       (0)        None.

Excused:     (0)        None.

Appearances For

·      Cori Lamont - Wisconsin Realtors Association

·      Sen John Jagler

·      Rep. Scott Krug - 72nd Assembly District

Appearances Against

·      None.

Appearances for Information Only

·      None.

Registrations For

·      Troy Thiel

·      Jim Steineke - Wi Land Title Assoc

Registrations Against

·      None.

Registrations for Information Only

·      None.

March 06, 2024           Executive Session Held by Paper Ballot

Present:       (5)        Senator Quinn; Senators Jagler, Stafsholt, Wirch and Spreitzer.

Absent:       (0)        None.

Excused:     (0)        None.

Moved that Senate Amendment 1 be recommended for adoption.

Ayes:     (5)     Senator Quinn; Senators Jagler, Stafsholt, Wirch and Spreitzer.

Noes:     (0)     None.

SENATE AMENDMENT 1 ADOPTION RECOMMENDED, Ayes 5, Noes 0

Moved that Senate Bill 870 be recommended for passage as amended.

Ayes:     (5)     Senator Quinn; Senators Jagler, Stafsholt, Wirch and Spreitzer.

Noes:     (0)     None.

PASSAGE AS AMENDED RECOMMENDED, Ayes 5, Noes 0

______________________________

Ericka Braatz

Committee Clerk