Record of Committee Proceedings

Joint Survey Committee on Tax Exemptions

Assembly Bill 739

Relating to: creating an individual income tax deduction for certain interest paid on qualified education loans.

By Representatives Macco, Murphy, Kulp, Czaja, Mursau, Kremer, Knodl, Duchow, Quinn, A. Ott, Tranel, Petryk, Horlacher, Rodriguez and Bernier; cosponsored by Senators Marklein, Gudex, Lasee, Moulton and Nass.

January 22, 2016         Referred to Joint Survey Committee on Tax Exemptions

January 27, 2016         Executive Session Held

Present:       (9)        Senator LeMahieu; Representative August; Senators Tiffany and Carpenter; Representatives Swearingen and Hesselbein; Public Member Shaul; Secretary Chandler; Public Member Connell.

Absent:       (0)        None.

Excused:     (0)        None.

Moved by Representative August, seconded by Senator LeMahieu that the Committee issue its report on AB 739 with the following public policy statement:  The Joint Survey Committee on Tax Exemptions finds that there is appropriate public policy on the tax exemptions in AB 739.

Ayes:     (7)     Senator LeMahieu; Representative August; Senator Tiffany; Representative Swearingen; Public Member Shaul; Secretary Chandler; Public Member Connell.

Noes:     (2)     Senator Carpenter; Representative Hesselbein.

MOTION THAT THE COMMITTEE ISSUE ITS REPORT ON AB 739 WITH THE FOLLOWING PUBLIC POLICY STATEMENT:  THE JOINT SURVEY COMMITTEE ON TAX EXEMPTIONS FINDS THAT THERE IS APPROPRIATE PUBLIC POLICY ON THE TAX EXEMPTIONS IN AB 739, ADOPTED, Ayes 7, Noes 2

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Luke Bacher

Committee Clerk