Senate

Record of Committee Proceedings

Committee on Revenue, Financial Institutions, and Rural Issues

Senate Bill 404

Relating to: allowing taxpayers to claim early stage seed investment credits for investments in the fund of funds.

By Senator Darling; cosponsored by Representatives Neylon, Krug, Doyle, Edming, T. Larson, Murphy, Rohrkaste, Tittl and R. Brooks.

December 03, 2015     Referred to Committee on Revenue, Financial Institutions, and Rural Issues

December 15, 2015     Public Hearing Held

Present:       (5)        Senator Marklein; Senators Tiffany, Lassa, Ringhand and Stroebel.

Absent:       (0)        None.

Excused:     (0)        None.

Appearances For

·      Rep Adam  Neylon - 98th Assembly District

·      Deej Lundgren - Office of Senator Alberta Darling

·      Jed Roher - Godfrey & Kahn

·      Tom Still - Wisconsin Technology Council

Appearances Against

·      None.

Appearances for Information Only

·      None.

Registrations For

·      Andrew Davis  - MMAC

Registrations Against

·      None.

Registrations for Information Only

·      None.

January 13, 2016         Executive Session Held

Present:       (5)        Senator Marklein; Senators Tiffany, Lassa, Ringhand and Stroebel.

Absent:       (0)        None.

Excused:     (0)        None.

Moved by Senator Tiffany, seconded by Senator Lassa that Senate Bill 404 be recommended for passage.

Ayes:     (5)     Senator Marklein; Senators Tiffany, Lassa, Ringhand and Stroebel.

Noes:     (0)     None.

PASSAGE RECOMMENDED, Ayes 5, Noes 0

______________________________

Scott Coenen

Committee Clerk