Assembly

Record of Committee Proceedings

Committee on Ways and Means

Assembly Bill 491

Relating to: indexing for inflation of, and making other changes to, the college savings plan income tax deduction.

By Representatives Nygren, Brooks, Endsley, Kapenga, Kaufert, Knodl, Kooyenga, LeMahieu, Marklein, Murphy, Ohnstad, Strachota, Thiesfeldt and Ballweg; cosponsored by Senators Darling, Schultz and Petrowski.

November 04, 2013    Referred to Committee on Ways and Means

November 21, 2013    Public Hearing Held

Present:       (8)        Representative Marklein; Representatives Ripp, Spiros, Kestell, Riemer, Hulsey, Barnes and Genrich.

Absent:       (0)        None.

Excused:     (1)        Representative Kerkman.

Appearances For

·      Alberta Darling - State Senator - Wisconsin State Senate

·      John Nygren - State Representative - Wisconsin State Assembly

·      Jim DiUlio - Department of Administration, Director of Wisc 529 College Savings Program

·      Chris Stack - Saving for College.com

·      Susie Bauer - Robert W. Baird & Co.

Appearances Against

·      None.

Appearances for Information Only

·      None.

Registrations For

·      None.

Registrations Against

·      None.

Registrations for Information Only

·      None.

January 15, 2014         Executive Session Held

Present:       (11)      Representative Marklein; Representatives Kerkman, Ripp, Spiros, Kestell, Kulp, Skowronski, Riemer, Hulsey, Barnes and Genrich.

Absent:       (0)        None.

Excused:     (0)        None.

Moved by Representative Kerkman, seconded by Representative Spiros that Assembly Amendment 1 be recommended for adoption.

Ayes:     (11)   Representative Marklein; Representatives Kerkman, Ripp, Spiros, Kestell, Kulp, Skowronski, Riemer, Hulsey, Barnes and Genrich.

Noes:     (0)     None.

ASSEMBLY AMENDMENT 1 ADOPTION RECOMMENDED, Ayes 11, Noes 0

Moved by Representative Genrich, seconded by Representative Riemer that Assembly Amendment 2 be recommended for adoption.

Ayes:     (4)     Representatives Riemer, Hulsey, Barnes and Genrich.

Noes:     (7)     Representative Marklein; Representatives Kerkman, Ripp, Spiros, Kestell, Kulp and Skowronski.

ASSEMBLY AMENDMENT 2 ADOPTION NOT RECOMMENDED, Ayes 4, Noes 7

Moved by Representative Spiros, seconded by Representative Kerkman that Assembly Bill 491 be recommended for passage as amended.

Ayes:     (11)   Representative Marklein; Representatives Kerkman, Ripp, Spiros, Kestell, Kulp, Skowronski, Riemer, Hulsey, Barnes and Genrich.

Noes:     (0)     None.

PASSAGE AS AMENDED RECOMMENDED, Ayes 11, Noes 0

______________________________

Crystal Potts

Committee Clerk