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
