Senate
Record of Committee Proceedings

Joint committee on Finance

Senate Bill 333
Relating to: creating a certified capital company program for companies that make certain types of investments, providing tax credits to persons who make certain investments in certified capital corporations, granting rule-making authority and making an appropriation.
By Senators Moore, Plache, Darling, Fitzgerald, Breske, Grobschmidt, Wirch, Huelsman, C. Potter, George, Roessler and Rude; cosponsored by Representatives Ward, Hoven, R. Potter, Green, Plale, Kedzie, Lazich, Schafer, Notestein, Gunderson, Ladwig, Goetsch, Plouff, Porter, Lorge, Hasenohrl, Freese, F. Lasee, Brandemuehl and Staskunas.

January 21, 1998 Referred to committee on Finance.

February 10, 1998
EXECUTIVE SESSION


Present: (15) Senators Burke, Decker, Jauch, Cowles, Panzer, Schultz, Rosenzweig, Representatives Gard, Ourada, Harsdorf, Albers, Porter, Kaufert, Linton and Coggs.
Absent: (1) Senator Shibilski.

Moved by Senator Burke, seconded by Representative Coggs, that
Senate Amendment 1
be recommended for adoption.

Ayes: (15) Senators Burke, Decker, Jauch, Cowles, Panzer, Schultz, Rosenzweig, Representatives Gard, Ourada, Harsdorf, Albers, Porter, Kaufert, Linton and Coggs.
Noes: (0) None.
Absent: (1) Senator Shibilski.

ADOPTION RECOMMENDED, Ayes 15, Noes 0, Absent 1


Moved by Senator Burke, seconded by Representative Gard, that
Senate Amendment 2
be recommended for adoption.

Ayes: (15) Senators Burke, Decker, Jauch, Cowles, Panzer, Schultz, Rosenzweig, Representatives Gard, Ourada, Harsdorf, Albers, Porter, Kaufert, Linton and Coggs.
Noes: (0) None.
Absent: (1) Senator Shibilski.

ADOPTION RECOMMENDED, Ayes 15, Noes 0, Absent 1


Moved by Senator Burke, seconded by Representative Gard, that
LRB a1568/1
be recommended for introduction and adoption.

Ayes: (15) Senators Burke, Decker, Jauch, Cowles, Panzer, Schultz, Rosenzweig, Representatives Gard, Ourada, Harsdorf, Albers, Porter, Kaufert, Linton and Coggs.
Noes: (0) None.
Absent: (1) Senator Shibilski.

INTRODUCTION AND ADOPTION RECOMMENDED,
Ayes 15, Noes 0, Absent 1


Moved by Senator Burke, seconded by Representative Coggs, that
Senate Bill 333
be recommended for passage as amended.

Ayes: (12) Senators Burke, Decker, Jauch, Panzer, Schultz, Rosenzweig, Representatives Harsdorf, Albers, Porter, Kaufert, Linton and Coggs.
Noes: (3) Senator Cowles, Representatives Gard and Ourada.
Absent: (1) Senator Shibilski.

PASSAGE AS AMENDED RECOMMENDED, Ayes 12, Noes 3, Absent 1





Julie Cote
Committee Clerk
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