82^nd Legislative Session _ 2007

Committee: House Commerce

                                            P - Present
                                            E - Excused
                                            A - Absent

Roll Call
P    Ahlers
P    Boomgarden
P    Dreyer
P    Engels
P    Hunt
P    Juhnke
P    Noem
P    Novstrup (David)
P    Nygaard
P    Pederson (Gordon)
P    Street
P    Willadsen, Vice-Chair
P    Rounds, Chair

OTHERS PRESENT: See Original Minutes

The meeting was called to order by Representative Rounds, Chair

MOTION:     TO APPROVE THE MINUTES OF WEDNESDAY, JANUARY 31, 2007.

Moved by:    Hunt
Second by:    Boomgarden
Action:    Prevailed by voice vote.

         HB 1137: prohibit certain money lenders from providing a subsequent short-term consumer loan without some intervening time.

Presented by:    Representative Mary Glenski (Document 1)
Opponents:    Rexford Hagg, Short Term Lending Assn.
        Brett Koenecke, Community Financial Services Assn. Of America

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        Dan Henderson, Money Central Inc. (Document 2)

MOTION:     TO TABLE HB 1137

Moved by:    Pederson (Gordon)
Second by:    Boomgarden
Action:    Prevailed by roll call vote.(10-3-0-0)

Voting Yes:    Ahlers, Boomgarden, Dreyer, Juhnke, Noem, Novstrup (David), Nygaard, Pederson (Gordon), Willadsen, Rounds

Voting No:    Engels, Hunt, Street

         HB 1172: clarify certain limits placed on persons lending money.

Presented by:    Representative Joni Cutler (Document 3)
Proponents:    Cathy Brandner, Division of Banking
Opponents:    Brett Koenecke, Community Financial Services Assn. Of America
        Rexford Hagg, Short Term Lending Assn.
        Michael DeMersseman, Dollar Loan (Document 4)

MOTION:     DO PASS HB 1172

Moved by:    Ahlers
Second by:    Engels
Action:    Was not acted on.

MOTION:     SUBSTITUTE MOTION AMEND HB 1172