Assembly

Record of Committee Proceedings

Committee on Ways and Means

Senate Bill 75

Relating to: creating a corporate income and franchise tax credit for amounts contributed by an employer into an employee's college savings account.

By Senators Feyen, Testin, Lasee, Olsen and Wanggaard; cosponsored by Representatives Kremer, Horlacher, Skowronski, Allen, R. Brooks, Thiesfeldt, Anderson, Kleefisch and Kerkman.

November 14, 2017    Referred to Committee on Ways and Means

January 11, 2018         Executive Session Held

Present:       (14)      Representative Macco; Representatives Kerkman, Novak, Steffen, Jacque, Petersen, Kulp, Hutton, Zimmerman, Sargent, C. Taylor, Ohnstad, Doyle and Spreitzer.

Absent:       (0)        None.

Excused:     (2)        Representatives Katsma and Bernier.

Moved by Representative Kerkman, seconded by Representative Kulp that Senate Bill 75 be recommended for concurrence.

Ayes:     (8)     Representative Macco; Representatives Kerkman, Novak, Jacque, Petersen, Kulp, Zimmerman and Doyle.

Noes:     (3)     Representatives Steffen, C. Taylor and Ohnstad.

CONCURRENCE RECOMMENDED, Ayes 8, Noes 3

______________________________

Benjamin Joniaux

Committee Clerk