Assembly

Record of Committee Proceedings

Committee on Ways and Means

Assembly Bill 225

Relating to: allocation of early stage seed investment credit to offset taxes imposed on insurers.

By Representatives Zimmerman, Fields, Ott, Macco, Rohrkaste, Tauchen, Kulp, Murphy, Skowronski, Kuglitsch, Ramthun, Hutton, Thiesfeldt, Brandtjen, Ohnstad, Sinicki, Quinn, Crowley, Loudenbeck, Zamarripa, Vruwink, Haywood and Krug; cosponsored by Senators Marklein, L. Taylor, Cowles, Feyen, Tiffany, Olsen and Kooyenga.

May 21, 2019              Referred to Committee on Ways and Means

September 12, 2019    Public Hearing Held

Present:       (9)        Representative Macco; Representatives Wittke, Kerkman, Brooks, Kulp, Ramthun, Ohnstad, Haywood and McGuire.

Absent:       (0)        None.

Excused:     (3)        Representatives Petersen, Dittrich and Riemer.

Appearances For

·      Representative Jason Fields - Wisconsin's 11th Assembly District

·      Tom Still - Wis. Tech Council

Appearances Against

·      None.

Appearances for Information Only

·      Secretary Peter Barca - WI DoR

Registrations For

·      Andy  Franken - WI Incurance Alliance

·      Representative Shannon Zimmerman - Wisconsin's 30th Assembly District

·      Senator Howard Marklein - Wisconsin's 17th Senate District

·      Bram Daelemans - WI Tech Council

Registrations Against

·      None.

Registrations for Information Only

·      None.

October 02, 2019        Executive Session Held

Present:       (11)      Representative Macco; Representatives Wittke, Kerkman, Brooks, Kulp, Petersen, Dittrich, Ramthun, Ohnstad, Haywood and McGuire.

Absent:       (0)        None.

Excused:     (1)        Representative Riemer.

Moved by Representative Kerkman, seconded by Representative McGuire that Assembly Bill 225 be recommended for passage.

Ayes:     (11)   Representative Macco; Representatives Wittke, Kerkman, Brooks, Kulp, Petersen, Dittrich, Ramthun, Ohnstad, Haywood and McGuire.

Noes:     (0)     None.

PASSAGE RECOMMENDED, Ayes 11, Noes 0

______________________________

Nicholas Bures

Committee Clerk