AB423

AB423 AB423
Assembly
Record of Committee Proceedings

Committee on Colleges and Universities
Assembly Bill 423
Relating to: creating an individual and corporate income and franchise tax exemption for interest on bonds or notes issued by the Wisconsin Health and Educational Facilities Authority for purposes related to an educational facility and authorizing the Wisconsin Health and Educational Facilities Authority to issue bonds to finance a project undertaken by the Wisconsin Association of Independent Colleges and Universities related to an educational facility.
By Representatives Wieckert, Plale, Jensen, McCormick, Suder, Montgomery, Townsend, J. Lehman, Powers, Ladwig, Vrakas, F. Lasee, Ott and Richards; cosponsored by Senators George, Wirch, Hansen, Darling and Roessler.

May 31, 2001 Referred to Committee on Colleges and Universities.

October 16, 2001 PUBLIC HEARING HELD

Present: (10) Representatives Kreibich, Townsend, Jeskewitz, Krawczyk, Rhoades, Underheim, Boyle, Lassa, Balow and Berceau.

Absent: (0) None.

Appearances for
· Rep. Steve Wickert, 57th Assembly District

· Rolf Wegenke, WI Assoc. of Independent Colleges

Appearances against

· None.

Appearances for Information Only

· None.

Registrations for
· Mary Czech-Mrochinski, Marquette University

· Rep. Mike Powers, 80th Assembly District

Registrations against

· Bob Burke, WEAC

October 16, 2001 EXECUTIVE SESSION

Present: (10) Representatives Kreibich, Townsend, Jeskewitz, Krawczyk, Rhoades, Underheim, Boyle, Lassa, Balow and Berceau.

Absent: (0) None.

Moved by Representative Kreibich, seconded by Representative Townsend, that AA 1

be recommended for introduction.

Ayes: (10) Representatives Kreibich, Townsend, Jeskewitz, Krawczyk, Rhoades, Underheim, Boyle, Lassa, Balow and Berceau.
Noes: (0) None.

Absent: (0) None.

INTRODUCTION RECOMMENDED, Ayes 10, Noes 0, Absent 0

Moved by Representative Kreibich, seconded by Representative Townsend, that AA 1

be recommended for adoption.

Ayes: (10) Representatives Kreibich, Townsend, Jeskewitz, Krawczyk, Rhoades, Underheim, Boyle, Lassa, Balow and Berceau.
Noes: (0) None.

Absent: (0) None.

ADOPTION RECOMMENDED, Ayes 10, Noes 0, Absent 0

Moved by Representative Kreibich, seconded by Representative Townsend, that Assembly Bill 423

be recommended for passage as amended.

Ayes: (10) Representatives Kreibich, Townsend, Jeskewitz, Krawczyk, Rhoades, Underheim, Boyle, Lassa, Balow and Berceau.
Noes: (0) None.

Absent: (0) None.

PASSAGE AS AMENDED RECOMMENDED, Ayes 10, Noes 0, Absent 0

Committee Clerk