Roll Call
P
Lawler
P
Olson
P
Paisley
P
Valandra
P
Whiting
P
Daugaard, Vice-Chair
P
Shoener, Chair
OTHERS PRESENT: See Original Minutes
The meeting was called to order by Senator Shoener
MOTION:
Use last years rules until the Senate adopts the rules for this session.
Moved by:
Senator Olson
Second by:
Senator Whiting
Action:
Prevailed by voice vote.
SB 43:
remove certain licensing exemptions regarding money lenders and
mortgage lenders.
Proponents:
Richard Duncan, Dept. Of Banking
Bob Sutton, SD Bankers Assoc.
Dean Krogman, Independant Bankers Assoc.
MOTION:
DO PASS SB 43
Moved by:
Senator Olson
Second by:
Senator Whiting
Action:
Prevailed by roll call vote.
(7-0-0-0)
Voting yes:
Lawler, Olson, Paisley, Valandra, Whiting, Daugaard, Shoener
MOTION:
PLACE SB 43 ON CONSENT
Moved by:
Senator Lawler
Second by:
Senator Whiting
Action:
Prevailed by voice vote.
SB 44:
allow collection of delinquent installments to be provided for in the
installment loan contract.
Proponents:
Ross Johnson, Dept. Commerce, Banking
Richard Duncan, Banking
Tom Adam, SD Bank Assoc.
Dean Krogman, Independent Bankers
MOTION:
DEFER SB 44 UNTIL THE 41ST LEGISLATIVE DAY
Moved by:
Senator Olson
Second by:
None
Action:
Died for a lack of a second
MOTION:
DO PASS SB 44
Moved by:
Senator Lawler
Second by:
Senator Whiting
Action:
Prevailed by roll call vote.
(6-1-0-0)
Voting yes:
Lawler, Paisley, Valandra, Whiting, Daugaard, Shoener
Voting no:
Olson
SB 45:
revise certain provisions regarding the notice of meetings of the State Board
of Funeral Service.
Proponents:
Coral Assam, Dept. Of Commerce
MOTION:
AMEND SB 45
On page
1
,
line
6 of the printed bill
,
overstrike "
require
"
and insert "
requires
"
.
Moved by:
Senator Whiting
Second by:
Senator Olson
Action:
Prevailed by voice vote.
MOTION:
DO PASS SB 45 AS AMENDED
Moved by:
Senator Daugaard
Second by:
Senator Whiting
Action:
Prevailed by roll call vote.
(7-0-0-0)
Voting yes:
Lawler, Olson, Paisley, Valandra, Whiting, Daugaard, Shoener
MOTION:
PLACE SB 45 ON CONSENT
Moved by:
Senator Paisley
Second by:
Senator Lawler
Action:
Prevailed by voice vote.
SB 47:
revise the renewal fees for physicians, physician assistants, physical
therapists, physical therapist assistants, medical corporations, and physician
assistant corporations.
Proponents:
Dean Krogman, SD Medical Association
MOTION:
DEFER SB 47 UNTIL Tuesday, January 19, 1999
Moved by:
Senator Whiting
Second by:
Senator Daugaard
Action:
Prevailed by voice vote.
SB 48:
include viatical settlements in the definition of securities under the Uniform
Securities Act and to provide an exemption from registration for viatical
settlements issued by certain companies.
Proponents:
Gail Sheppick, Dept. Of Commerce, Securities
MOTION:
DO PASS SB 48
Moved by:
Senator Olson
Second by:
Senator Whiting
Action:
Prevailed by roll call vote.
(7-0-0-0)
Voting yes:
Lawler, Olson, Paisley, Valandra, Whiting, Daugaard, Shoener
MOTION:
PLACE SB 48 ON CONSENT
Moved by:
Senator Whiting
Second by:
Senator Olson
Action:
Failed by voice vote.
SB 49:
repeal the subsequent injury fund.
Proponents:
Darla Lyon, Dept of Commerce
Mike Shaw, Nat. Assoc. Ind. Insurers
Dick Tieszen, State Farm Insurance
Jerry Wheeler,Retailers Assoc.
Gavel was passed to Vice Chair, Senator Daugaard
Vice-Chair Daugaard passed the gavel back to Chairman Shoener.
The Chair deferred SB 49 until Tuesday, January 19, 1999.
MOTION:
ADJOURN
Moved by:
Senator Valandra
Second by:
Senator Whiting
Action:
Prevailed by voice vote.
Dorisd J. Donner
_________________________________
Committee Secretary