Senate
Record of Committee Proceedings
Committee on Financial Institutions and Revenue
Senate Bill 1
Relating to: modifications to the tax treatment of tax-option corporations that elect to pay tax at the entity level.
By Senators Marklein, Kooyenga and Kapenga; cosponsored by Representatives Wittke and Macco.
January 12, 2021 Referred to Committee on Financial Institutions and Revenue
January 21, 2021 Public Hearing Held
Present: (5) Senator Kooyenga; Senators Feyen, Stafsholt, Ringhand and Agard.
Absent: (0) None.
Excused: (0) None.
Appearances For
· Sen. Howard Marklein - 17th Senate District
Appearances Against
· None.
Appearances for Information Only
· None.
Registrations For
· Legislative Director Brian Dake - Wisconsin Independent Businesses
· Rep Robert Wittke - 62nd ASM District
Registrations Against
· None.
Registrations for Information Only
· None.
February 04, 2021 Executive Session Held
Present: (5) Senator Kooyenga; Senators Feyen, Stafsholt, Ringhand and Agard.
Absent: (0) None.
Excused: (0) None.
Moved by Senator Kooyenga, seconded by Senator Feyen that Senate Bill 1 be recommended for passage.
Ayes: (5) Senator Kooyenga; Senators Feyen, Stafsholt, Ringhand and Agard.
Noes: (0) None.
PASSAGE RECOMMENDED, Ayes 5, Noes 0
______________________________
Nick Bentz
Committee Clerk
