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Commerce and Labor

THIRTYTHIRD MEETING

2007-2008 Regular Session - April 01, 2008

STATE OF MINNESOTA THIRTYTHIRD MEETING
HOUSE OF REPRESENTATIVES EIGHTY-FIFTH SESSION

COMMITTEE ON COMMERCE AND LABOR

MINUTES


Representative Joe Atkins, Chair of the Commerce and Labor Committee, called the meeting to order at 4:11 P.M. on April 1, 2008, in the Basement Hearing Room of the State Office Building.

The Committee Legislative Assistant noted the roll.

Members present:

ATKINS, Joe (Chair)
LILLIE, Leon (Vice-Chair)
MULLERY, Joe
MAHONEY, Tim
PETERSON, Aaron
ANZELC, Tom
KNUTH, Kate
TILLBERRY, Tom
ZELLERS, Kurt
PAULSEN, Erik
SIMPSON, Dean
ANDERSON, Sarah
BERNS, John

The following members were excused:

DAVNIE, Jim
JOHNSON, Sheldon
DOMINGUEZ, Augustine
DeLaFOREST, Chris

A quorum was present.


HF 3789 (Gardner) Retail signage required on legal limitations on the use of lawn fertilizers containing phosphorus

Representative Atkins moved HF 3789.

The following people testified on HF 3789:

Representative Paul Gardner

Representative Atkins moved that HF 3789 be recommended to pass. THE MOTION PREVAILED.


HF 2471 (McFarlane) Charitable organizations financial statement requirements modified

Representative Zellers moved HF 2471.

Representative Zellers moved the A101 amendment. THE AMENDMENT WAS ADOPTED.

The following people testified on HF 2471:

Representative Carol McFarlane
Colleen Moriarty, Hunger Solutions Minnesota
Mark Sather, White Bear Lake Food Shelf

Representative Zellers moved that HF 2471, as amended, be recommended to pass. THE MOTION PREVAILED.


Representative Berns moved that the minutes of March 19, 2008 be adopted. THE MOTION PREVAILED.


The following people testified on Stranger Originated Life Insurance (STOLI) and the Life Settlement Industry in Minnesota:

Tom Pender, House Research


Representative Lillie assumed the gavel at 4:31 p.m.

Representative Atkins assumed the gavel at 4:37 p.m.


Glenn Wilson, Commissioner, Department of Commerce
Blaine Shepherd, Department of Commerce
Dominic Sposeto, National Association of Insurance & Financial Advisors
Faye Miller, 21st Services
Mike Abrams, Tamar Fink
Carl Wolk, citizen
Jeffery Tegeler, Garrity, Tegeler & Varley Wealth Strategies LLP
Robyn Rowen, Minnesota Insurance and Financial Services Council
Leslie Chapman, Securian Financial
Bruce Ferguson, American Council of Life Insurers
Richard Kleven, Minnesota Fraternal Congress
Christine Zalmeda, Great West Growth
John Sabes, Great West Growth


The meeting was adjourned at 5:38 P.M.


Rep. Joe Atkins, Chair


Christopher Kwapick, Committee Legislative Asst.
More Info On This Meeting..

HF3789 (Gardner) Retail signage required on legal limitations on the use of lawn fertilizers containing phosphorus
HF2471 (McFarlane) Charitable organizations financial statement requirements modified
Informational hearing on Stranger Originated Life Insurance (STOLI) and the Life Settlement Industry in Minnesota
If you would like to testify, please contact John Reich at 651-296-7175 or john.reich@house.mn