---
type: "Bill"
title: "Relating to: P.O.D. accounts and loan obligations to financial institutions; the duty of a bank to make payment on a lost, destroyed, or stolen cashier's check, teller's check, or certified check; providing temporary authority to act as a mortgage loan originator while a license application is pending; property subject to garnishment or tax levy in possession of a financial institution; entities that provide to financial institutions electronic data processing services; loans to state banks by a Federal Home Loan Bank; and consolidating the Banking Review Board and Savings Institutions Review Board in the Department of Financial Institutions. (FE)"
description: "Relating to: P.O.D. accounts and loan obligations to financial institutions; the duty of a bank to make payment on a lost, destroyed, or stolen cashier's check, teller's check, or certified check; providing temporary authority to act as a mortgage loan originator while a license application is pending; property subject to garnishment or tax levy in possession of a financial institution; entities that provide to financial institutions electronic data processing services; loans to state banks by a Federal Home Loan Bank; and consolidating the Banking Review Board and Savings Institutions Review Board in the Department of Financial Institutions. (FE)"
jurisdiction: "us/states/wi"
legislature: "Wisconsin Legislature"
session: "2019"
identifier: "SB 457"
citation: "Wisconsin SB 457 (2019)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Feyen", "Kapenga", "Marklein", "Olsen", "Ringhand"]
version_count: 2
action_count: 32
vote_count: 2
first_action: "2019-09-27T05:00:00+00:00"
last_action: "2019-11-26T06:00:00+00:00"
source: "openstates"
source_identifier: "ocd-bill/655c7866-3ee5-42d0-97b2-120d93a9949f"
source_url: "http://docs.legis.wisconsin.gov/2019/proposals/reg/sen/bill/sb457"
source_hash: "1acd59407624cdc7a961369a0304288bd9d105935e4524fd69b9f11a8b915704"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-wi"]
---

# Wisconsin SB 457 (2019) — Relating to: P.O.D. accounts and loan obligations to financial institutions; the duty of a bank to make payment on a lost, destroyed, or stolen cashier's check, teller's check, or certified check; providing temporary authority to act as a mortgage loan originator while a license application is pending; property subject to garnishment or tax levy in possession of a financial institution; entities that provide to financial institutions electronic data processing services; loans to state banks by a Federal Home Loan Bank; and consolidating the Banking Review Board and Savings Institutions Review Board in the Department of Financial Institutions. (FE)

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Bill Text** (committee substitute) — [source](http://docs.legis.wisconsin.gov/document/proposaltext/2019/REG/SB457)
2. **Senate Amendment 2** (committee substitute) — [source](http://docs.legis.wisconsin.gov/document/amends/2019/REG/SB457-SA2)

## Votes

- Report adoption of Senate Amendment 2 recommended by Committee on Agriculture, Revenue and Financial Institutions, Ayes 9, Noes 0 — **9–0** (pass) · upper
- Report passage as amended recommended by Committee on Agriculture, Revenue and Financial Institutions, Ayes 9, Noes 0 — **9–0** (pass) · upper

## Sponsors

- Feyen — primary (person)
- Kapenga — primary (person)
- Marklein — primary (person)
- Olsen — primary (person)
- Ringhand — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2019-09-27T05:00:00+00:00** Introduced by Senators Marklein, Feyen, Olsen, Ringhand and Kapenga; cosponsored by Representatives Katsma, Duchow, Dittrich, Doyle, Felzkowski, Horlacher, Kitchens, Quinn, Skowronski, Tusler and Zimmerman `introduction`
- **2019-09-27T05:00:00+00:00** Read first time and referred to Committee on Agriculture, Revenue and Financial Institutions `referral-committee`
- **2019-09-30T05:00:00+00:00** Representative Born added as a cosponsor
- **2019-10-03T05:00:00+00:00** Fiscal estimate received
- **2019-10-10T05:00:00+00:00** Public hearing held
- **2019-10-17T05:00:00+00:00** Senate Amendment 1 offered by Senator Risser `amendment-introduction`
- **2019-10-22T05:00:00+00:00** Senate Amendment 2 offered by Senator Marklein `amendment-introduction`
- **2019-10-24T05:00:00+00:00** Executive action taken
- **2019-10-24T05:00:00+00:00** Report adoption of Senate Amendment 2 recommended by Committee on Agriculture, Revenue and Financial Institutions, Ayes 9, Noes 0 `amendment-passage`
- **2019-10-24T05:00:00+00:00** Report passage as amended recommended by Committee on Agriculture, Revenue and Financial Institutions, Ayes 9, Noes 0 `committee-passage-favorable`
- **2019-10-24T05:00:00+00:00** Available for scheduling
- **2019-11-01T05:00:00+00:00** Placed on calendar 11-5-2019 pursuant to Senate Rule 18(1)
- **2019-11-05T06:00:00+00:00** Read a second time `reading-2`
- **2019-11-05T06:00:00+00:00** Senate Amendment 2 adopted `amendment-passage`
- **2019-11-05T06:00:00+00:00** Ordered to a third reading
- **2019-11-05T06:00:00+00:00** Rules suspended
- **2019-11-05T06:00:00+00:00** Read a third time and passed `passage`
- **2019-11-05T06:00:00+00:00** Ordered immediately messaged
- **2019-11-06T06:00:00+00:00** Received from Senate
- **2019-11-06T06:00:00+00:00** Read first time and referred to committee on Rules `referral-committee`
- **2019-11-07T06:00:00+00:00** Placed on calendar 11-12-2019 by Committee on Rules
- **2019-11-12T06:00:00+00:00** Rules suspended to withdraw from calendar and take up
- **2019-11-12T06:00:00+00:00** Read a second time `reading-2`
- **2019-11-12T06:00:00+00:00** Ordered to a third reading
- **2019-11-12T06:00:00+00:00** Rules suspended
- **2019-11-12T06:00:00+00:00** Read a third time and concurred in `passage`
- **2019-11-12T06:00:00+00:00** Ordered immediately messaged
- **2019-11-12T06:00:00+00:00** Received from Assembly concurred in
- **2019-11-18T06:00:00+00:00** Report correctly enrolled
- **2019-11-19T06:00:00+00:00** Presented to the Governor on 11-19-2019 by directive of the President, pursuant to Senate Rule 44m (3) `executive-receipt`
- **2019-11-26T06:00:00+00:00** Report approved by the Governor on 11-25-2019. 2019 Wisconsin Act 65 `executive-signature`
- **2019-11-26T06:00:00+00:00** Published 11-26-2019

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/655c7866-3ee5-42d0-97b2-120d93a9949f`. Confidence: reported (aggregated from official Wisconsin legislature records).