Record of Committee Proceedings

Joint Survey Committee on Tax Exemptions

Senate Bill 622

Relating to: creating an individual income tax deduction for certain interest paid on qualified education loans.

By Senators Marklein, Gudex, Lasee, Moulton and Nass; cosponsored by Representatives Macco, Murphy, Bernier, Czaja, Duchow, Horlacher, Kitchens, Knodl, Kremer, Kulp, Mursau, A. Ott, Petryk, Quinn, Rodriguez and Tranel.

January 25, 2016         Referred to Joint Survey Committee on Tax Exemptions

January 27, 2016         Executive Session Held

Present:       (9)        Senator LeMahieu; Representative August; Senators Tiffany and Carpenter; Representatives Swearingen and Hesselbein; Public Member Shaul; Secretary Chandler; Public Member Connell.

Absent:       (0)        None.

Excused:     (0)        None.

Moved by Representative August, seconded by Senator LeMahieu that the Committee issue its report on SB 622 with the following public policy statement:  The Joint Survey Committee on Tax Exemptions finds that there is appropriate public policy on the tax exemptions in SB 622.

Ayes:     (7)     Senator LeMahieu; Representative August; Senator Tiffany; Representative Swearingen; Public Member Shaul; Secretary Chandler; Public Member Connell.

Noes:     (2)     Senator Carpenter; Representative Hesselbein.

MOTION THAT THE COMMITTEE ISSUE ITS REPORT ON SB 622 WITH THE FOLLOWING PUBLIC POLICY STATEMENT:  THE JOINT SURVEY COMMITTEE ON TAX EXEMPTIONS FINDS THAT THERE IS APPROPRIATE PUBLIC POLICY ON THE TAX EXEMPTIONS IN SB 622, ADOPTED, Ayes 7, Noes 2

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Luke Bacher

Committee Clerk