Record of Committee Proceedings

Joint Committee on Finance

Senate Bill 490

Relating to: sales tax bad debt return adjustments for private label credit card bad debt.

By Senator Darling; cosponsored by Representative Nygren.

February 18, 2014       Referred to Joint Committee on Finance

February 19, 2014       Executive Session Held

Present:       (16)      Senator Darling; Representative Nygren; Senators Olsen, Harsdorf, Leibham, Lazich, Grothman, Shilling and Wirch; Representatives Strachota, Kooyenga, Knudson, LeMahieu, Klenke, Mason and Richards.

Absent:       (0)        None.

Excused:     (0)        None.

Moved by Senator Darling, seconded by Representative Nygren that Senate Amendment 1 be recommended for adoption.

Ayes:     (12)   Senator Darling; Representative Nygren; Senators Olsen, Harsdorf, Leibham, Lazich and Grothman; Representatives Strachota, Kooyenga, Knudson, LeMahieu and Klenke.

Noes:     (4)     Senators Shilling and Wirch; Representatives Mason and Richards.

SENATE AMENDMENT 1 ADOPTION RECOMMENDED, Ayes 12, Noes 4

Moved by Senator Darling, seconded by Representative Nygren that Senate Bill 490 be recommended for passage as amended.

Ayes:     (12)   Senator Darling; Representative Nygren; Senators Olsen, Harsdorf, Leibham, Lazich and Grothman; Representatives Strachota, Kooyenga, Knudson, LeMahieu and Klenke.

Noes:     (4)     Senators Shilling and Wirch; Representatives Mason and Richards.

PASSAGE AS AMENDED RECOMMENDED, Ayes 12, Noes 4

______________________________

Joe Malkasian

Committee Clerk