Senate
Record of Committee Proceedings
Committee on Revenue, Financial Institutions, and Rural Issues
Senate Bill 604
Relating to: repealing the authority to create ABLE accounts in this state and creating tax benefits for contributions to ABLE accounts in other states.
By Senator Marklein; cosponsored by Representative Macco.
January 22, 2016 Referred to Committee on Revenue, Financial Institutions, and Rural Issues
January 28, 2016 Public Hearing Held
Present: (5) Senator Marklein; Senators Tiffany, Lassa, Ringhand and Stroebel.
Absent: (0) None.
Excused: (0) None.
Appearances For
· Senator Howard Marklein - 17th Senate District
· Representative John Macco
Appearances Against
· Meghan Teigen - WISPACT Inc
Appearances for Information Only
· None.
Registrations For
· None.
Registrations Against
· None.
Registrations for Information Only
· None.
February 08, 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 Stroebel that Senate Amendment 1 be recommended for adoption.
Ayes: (5) Senator Marklein; Senators Tiffany, Lassa, Ringhand and Stroebel.
Noes: (0) None.
SENATE AMENDMENT 1 ADOPTION RECOMMENDED, Ayes 5, Noes 0
Moved by Senator Lassa, seconded by Senator Ringhand that Senate Amendment 2 be recommended for adoption.
Ayes: (2) Senators Lassa and Ringhand.
Noes: (3) Senator Marklein; Senators Tiffany and Stroebel.
SENATE AMENDMENT 2 ADOPTION NOT RECOMMENDED, Ayes 2, Noes 3
Moved by Senator Tiffany, seconded by Senator Stroebel that Senate Bill 604 be recommended for passage as amended.
Ayes: (5) Senator Marklein; Senators Tiffany, Lassa, Ringhand and Stroebel.
Noes: (0) None.
PASSAGE AS AMENDED RECOMMENDED, Ayes 5, Noes 0
______________________________
Scott Coenen
Committee Clerk
