Assembly
Record of Committee Proceedings
Committee on Ways and Means
Assembly Bill 486
Relating to: allowing taxpayers to claim early stage seed investment credits for investments in the fund of funds.
By Representatives Neylon, Krug, Doyle, Edming, T. Larson, Murphy, Rohrkaste, Tittl and R. Brooks; cosponsored by Senator Darling.
November 09, 2015 Referred to Committee on Ways and Means
December 03, 2015 Public Hearing Held
Present: (9) Representative Spiros; Representatives Kerkman, Steffen, Jacque, Duchow, Riemer, Zepnick, Ohnstad and Brostoff.
Absent: (0) None.
Excused: (4) Representatives Macco, Novak, Katsma and Petersen.
Appearances For
· Rep. Adam Neylon
· Jed Roher - Godfrey & Kahn, counsel for Badger Fund of Funds
· Tom Still - WI Tech Council
Appearances Against
· None.
Appearances for Information Only
· None.
Registrations For
· Andrew Davis - MMAC
· Bram Daelemans - WI Tech Council
· Senator Alberta Darling - 8th Senate District
Registrations Against
· None.
Registrations for Information Only
· None.
January 07, 2016 Executive Session Held
Present: (13) Representative Spiros; Representatives Macco, Kerkman, Novak, Steffen, Jacque, Katsma, Petersen, Duchow, Riemer, Zepnick, Ohnstad and Brostoff.
Absent: (0) None.
Excused: (0) None.
Moved by Representative Steffen, seconded by Representative Kerkman that Assembly Bill 486 be recommended for passage.
Ayes: (11) Representative Spiros; Representatives Macco, Kerkman, Novak, Steffen, Katsma, Petersen, Duchow, Zepnick, Ohnstad and Brostoff.
Noes: (2) Representatives Jacque and Riemer.
PASSAGE RECOMMENDED, Ayes 11, Noes 2
______________________________
Nicole Kuehl
Committee Clerk
