Assembly
Record of Committee Proceedings

Joint committee on Finance

Assembly Bill 579
Relating to: creating a certified capital company program for companies that make certain types of investments, providing tax credits to persons who make certain investments in certified capital corporations, granting rule-making authority and making an appropriation.
By Representatives Ward, Hoven, R. Potter, Green, Plale, Kedzie, Lazich, La Fave, Schafer, Notestein, Gunderson, Ladwig, Goetsch, Plouff, Porter, Lorge, Hasenohrl, Freese, F. Lasee, Brandemuehl and Staskunas; cosponsored by Senators Moore, Plache, Darling, Fitzgerald, Breske, Grobschmidt, Wirch, Huelsman, C. Potter, George, Roessler and Rude.

December 30, 1997 Referred to committee on Finance.

February 10, 1998
EXECUTIVE SESSION


Present: (15) Senators Burke, Decker, Jauch, Cowles, Panzer, Schultz, Rosenzweig, Representatives Gard, Ourada, Harsdorf, Albers, Porter, Kaufert, Linton and Coggs.
Absent: (1) Senator Shibilski.

Moved by Senator Burke, seconded by Representative Coggs, that
Assembly Amendment 1
be recommended for adoption.

Ayes: (15) Senators Burke, Decker, Jauch, Cowles, Panzer, Schultz, Rosenzweig, Representatives Gard, Ourada, Harsdorf, Albers, Porter, Kaufert, Linton and Coggs.
Noes: (0) None.
Absent: (1) Senator Shibilski.

ADOPTION RECOMMENDED, Ayes 15, Noes 0, Absent 1


Moved by Senator Burke, seconded by Representative Gard, that
Assembly Amendment 2
be recommended for adoption.

Ayes: (15) Senators Burke, Decker, Jauch, Cowles, Panzer, Schultz, Rosenzweig, Representatives Gard, Ourada, Harsdorf, Albers, Porter, Kaufert, Linton and Coggs.
Noes: (0) None.
Absent: (1) Senator Shibilski.

ADOPTION RECOMMENDED, Ayes 15, Noes 0, Absent 1


Moved by Senator Burke, seconded by Representative Gard, that
Assembly Amendment LRB # a1600
be recommended for introduction.

Ayes: (15) Senators Burke, Decker, Jauch, Cowles, Panzer, Schultz, Rosenzweig, Representatives Gard, Ourada, Harsdorf, Albers, Porter, Kaufert, Linton and Coggs.
Noes: (0) None.
Absent: (1) Senator Shibilski.

INTRODUCTION RECOMMENDED, Ayes 15, Noes 0, Absent 1


Moved by Senator Burke, seconded by Representative Gard, that
Assembly Amendment LRB # a1600
be recommended for adoption.

Ayes: (15) Senators Burke, Decker, Jauch, Cowles, Panzer, Schultz, Rosenzweig, Representatives Gard, Ourada, Harsdorf, Albers, Porter, Kaufert, Linton and Coggs.
Noes: (0) None.
Absent: (1) Senator Shibilski.

ADOPTION RECOMMENDED, Ayes 15, Noes 0, Absent 1


Moved by Senator Burke, seconded by Representative Coggs, that
Assembly Bill 579
be recommended for passage as amended.

Ayes: (12) Senators Burke, Decker, Jauch, Panzer, Schultz, Rosenzweig, Representatives Harsdorf, Albers, Porter, Kaufert, Linton and Coggs.
Noes: (3) Senator Cowles, Representatives Gard and Ourada.
Absent: (1) Senator Shibilski.

PASSAGE AS AMENDED RECOMMENDED, Ayes 12, Noes 3, Absent 1





Diane Harmelink
Committee Clerk
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