Assembly
Record of Committee Proceedings
Committee on Financial Institutions
Assembly Bill 574
Relating to: regulating earned wage access services, granting rule-making authority, and providing a penalty.
By Representatives Dallman, Neylon, Allen, Dittrich, Gundrum, Murphy, Mursau, Nedweski, Novak, Rettinger, Steffen and Tusler; cosponsored by Senators Stafsholt, Tomczyk and Cowles.
October 27, 2023������� Referred to Committee on Financial Institutions
November 01, 2023��� Public Hearing Held
Present:������ (8)������� Representative Duchow; Representatives O'Connor, Allen, Murphy, Petryk, Rettinger, J. Anderson and Jacobson.
Absent:������ (0)������� None.
Excused:���� (2)������� Representatives Katsma and Doyle.
Appearances For
������ Representative Alex Dallman - 41st Assembly District
������ Ben LaRocco - EarnIn
������ Ryan Naples - DailyPay
������ Phil Goldfeder - American Fintech Council
Appearances Against
������ None.
Appearances for Information Only
������ None.
Registrations For
������ Brian Dake - Wisconsin Independent Businesses
������ Senator Rob Stafsholt - 10th Senate District
������ Representative Adam Neylon - 98th Assembly District
Registrations Against
������ None.
Registrations for Information Only
������ None.
November 09, 2023��� Executive Session Held
Present:������ (0)������� None.
Absent:������ (0)������� None.
Excused:���� (0)������� None.
Moved by Representative Rettinger, seconded by Representative Murphy that Assembly Bill 574 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
