STATE OF MINNESOTA SIXTEENTH MEETING
HOUSE OF REPRESENTATIVES EIGHTY-FIFTH SESSION
LABOR AND CONSUMER PROTECTION DIVISION
of the
COMMERCE AND LABOR COMMITTEE
MINUTES
Representative Jim Davnie, Chair of the Division, called the sixteenth meeting to order at 10:11 A.M. on March 7, 2008, in Room 5 of the State Office Building.
The Committee Legislative Assistant noted the roll.
Members present:
Davnie, Jim, Chair
Benson, John, Vice-Chair
Anderson, Sarah
Dittrich, Denise
Fritz, Patti
Gunther, Bob
Howes, Larry
Laine, Carolyn
Nelson, Michael
Peterson, Neil W.
Scalze, Bev
Shimanski, Ron
Swails, Marsha
Members excused:
Hornstein, Frank
Representative Davnie called the meeting to order at 10:11 A.M. A quorum was present.
HF3566 (Nelson) Workers' Compensation Advisory Council recommendations adopted.
Representative Nelson moved approval of HF3566 before the division to pass and re-referred to the Commerce and Labor committee.
Representative Nelson moved amendment
H3566A1.
The amendment was adopted.
Handouts were given to division members:
Letter from the Minnesota Department of Labor and Industry.
Office Memorandum from the Minnesota Department of Labor and Industry.
Representative Nelson renewed his motion that HF3566, as amended be recommended to pass and is re-referred to Commerce and Labor committee.
The motion prevailed.
The division recessed to the call of the chair at 10:36 A.M.
The division resumed at 11:12 A.M.
Representative Benson assumed the chair.
HF3236 (Davnie) Deed, rates of interest, and mortgage contracts regulated, borrower's ability to repay verification provided, and mortgage broker's failure to comply penalties and remedies provided.
Representative Davnie moved approval of HF3236 before the division to pass and re-referred to the Commerce and Labor committee.
Representative Davnie moved amendment
H3236A1.
The amendment was adopted.
Testifying on the bill:
Ron Elwood, Legal Aid
Representative Davnie renewed his motion that HF3236, as amended be recommended to pass and is re-referred to Commerce and Labor committee.
The motion prevailed.
HF3287 (Davnie) Debt management services regulated, and obsolete criminal provision repealed.
Representative Davnie moved approval of HF3287 before the division to pass and re-referred to the Commerce and Labor committee.
Testifying on the bill:
Ron Elwood, Legal Aid
Representative Davnie renewed his motion that HF 3287, be recommended to pass and is re-referred to Commerce and Labor committee.
The motion prevailed.
Representative Fritz moved approval of the minutes of February 22, 2008.
THE MOTION PREVAILED AND THE MINUTES ARE ADOPTED.
Representative Fritz moved approval of the minutes of February 29, 2008.
THE MOTION PREVAILED AND THE MINUTES ARE ADOPTED.
HF3612 (Davnie) Minnesota Subprime Foreclosure Deferment Act of 2008 provisions provided.
Representative Davnie moved approval of HF3612 before the division to pass and re-referred to the Commerce and Labor committee.
Representative Davnie moved amendment
H3612A1.
The amendment was adopted.
Handouts were given to division members.
A letter from the Minnesota AFL-CIO was given to division members.
A letter from the League of Minnesota Cities.
Star Tribune article from March 7, 2008 - "National housing gloom deepens".
"U.S. government securities/Treasury constant maturities/Nominal".
Testifying on the bill:
Prentiss Cox, Professor University of Minnesota
Al Ynisoes, homeowner, Apple Valley, Minnesota
Steve Johnson, legislative affairs, Minnesota Bankers Association
David Kantor, Attorney, Minnesota Bankers Association
David Skilbred, Independent Community Bankers
Pat Martin, Executive Director, Minnesota Mortgage Association
Matthew Lemke, National Mortgage Bankers
Representative Davnie renewed his motion that HF3612 be recommended to pass as amended and is re-referred to the Commerce and Labor committee.
The motion prevailed.
The meeting adjourned at 1:00 P.M.
REP. JIM DAVNIE, CHAIR
Mary Elizabeth Faust
Committee Legislative Assistant