2003-2004 Wisconsin Legislature

Assembly Bill 538

Relating to: creating a qualified new business venture tax credit and a capital gains tax exemption regarding investments in certified venture capital funds and qualified new business ventures, requiring a study of new Wisconsin businesses, facilitating the development of certain investor networks, excluding from taxable income gains from a start-up technology business, and granting rule-making authority. relating to: creating a qualified new business venture tax credit and a capital gains tax exemption regarding investments in certified venture capital funds and qualified new business ventures, requiring a study of new Wisconsin businesses, facilitating the development of certain investor networks, excluding from taxable income gains from a start-up technology business, and granting rule-making authority.

Important Actions (newest first)

Date / House Action Journal
3/31/2004 Asm.Failed to pass pursuant to Senate Joint Resolution 1 912
11/11/2003 Asm.Report of joint survey committee on Tax Exemptions received, Ayes 7, Noes 1 522

History

Date / House Action Journal
9/25/2003 Asm.Introduced by Representatives Nischke, McCormick, Ladwig, Musser, Montgomery, Towns, Owens, M. Lehman, Weber, Van Roy, Krawczyk, Olsen and Ott; cosponsored by Senators Kanavas, Stepp, Leibham, Welch, Darling, Zien and Lassa. 
9/25/2003 Asm.Read first time and referred to committee on Economic Development 379
9/25/2003 Asm.Report of joint survey committee on Tax Exemptions requested 383
10/7/2003 Asm.Fiscal estimate received. 
10/13/2003 Asm.Fiscal estimate received. 
10/23/2003 Asm.Representative Ward added as a coauthor 459
10/28/2003 Asm.Fiscal estimate received. 
10/28/2003 Asm.Fiscal estimate received. 
11/5/2003 Asm.Assembly substitute amendment 1 offered by Representative Nischke 487
11/11/2003 Asm.Report of joint survey committee on Tax Exemptions received, Ayes 7, Noes 1 522
11/11/2003 Asm.Public hearing held. 
11/11/2003 Asm.Executive action taken. 
11/11/2003 Asm.Assembly substitute amendment 2 offered by committee on Economic Development 524
3/31/2004 Asm.Failed to pass pursuant to Senate Joint Resolution 1 912
 
Content subject to change after proofing by Chief Clerk staff.