Senate

Record of Committee Proceedings

Committee on Financial Institutions and Revenue

Senate Bill 339

Relating to: increasing the net capital loss deduction.

By Senators Kooyenga, Ballweg, Jacque and Nass; cosponsored by Representatives Sortwell, Brooks, Allen, Dittrich, Horlacher, Knodl, Krug, Kuglitsch, Moses, Murphy, Steffen, Thiesfeldt, Wichgers and Zimmerman.

May 14, 2021              Referred to Committee on Financial Institutions and Revenue

October 14, 2021        Public Hearing Held

Present:       (5)        Senator Kooyenga; Senators Jagler, Stafsholt, Ringhand and Agard.

Absent:       (0)        None.

Excused:     (0)        None.

Appearances For

·      Sen. Dale Kooyenga - Wisconsin's 5th Senate District

·      Rep Shae Sortwell

Appearances Against

·      None.

Appearances for Information Only

·      None.

Registrations For

·      Legislative Director Brian Dake - Wisconsin Independent Businesses

Registrations Against

·      None.

Registrations for Information Only

·      None.

October 19, 2021        Executive Session Held by Paper Ballot

Present:       (5)        Senator Kooyenga; Senators Jagler, Stafsholt, Ringhand and Agard.

Absent:       (0)        None.

Excused:     (0)        None.

Moved by  that Senate Amendment 1 be recommended for adoption.

Ayes:     (4)     Senator Kooyenga; Senators Jagler, Stafsholt and Ringhand.

Noes:     (1)     Senator Agard.

SENATE AMENDMENT 1 ADOPTION RECOMMENDED, Ayes 4, Noes 1

Moved by  that Senate Bill 339 be recommended for passage as amended.

Ayes:     (4)     Senator Kooyenga; Senators Jagler, Stafsholt and Ringhand.

Noes:     (1)     Senator Agard.

PASSAGE AS AMENDED RECOMMENDED, Ayes 4, Noes 1

______________________________

Nicholas Bures

Committee Clerk