Assembly

Record of Committee Proceedings

Committee on Ways and Means

Assembly Bill 176

Relating to: adopting a provision of the Internal Revenue Code related to the tax-free distribution from an individual retirement account to a qualified charitable organization.

By Representatives Katsma, Vorpagel, Allen, Born, E. Brooks, R. Brooks, Gannon, Horlacher, Kerkman, Kleefisch, Kooyenga, Kremer, Kulp, Macco, Murphy, Mursau, Nygren, Ripp, Rohrkaste, Skowronski, Spiros, Thiesfeldt, Tittl, Tranel and Tusler; cosponsored by Senators Marklein, Stroebel, Cowles, Kapenga, Olsen and Vukmir.

March 20, 2017           Referred to Committee on Ways and Means

May 09, 2017              Public Hearing Held

Present:       (11)      Representative Macco; Representatives Katsma, Kerkman, Novak, Steffen, Jacque, Bernier, Petersen, C. Taylor, Ohnstad and Doyle.

Absent:       (0)        None.

Excused:     (1)        Representative Riemer.

Appearances For

·      Rep. Terry Katsma - 26 Assembly District

·      Mary Czech-Mrochinski - Marquette University

·      Ed Ritger

·      Glenn Lemmenes

Appearances Against

·      None.

Appearances for Information Only

·      Kurt Lueneburg - Wisconsin Evangelical Lutheran Synod

Registrations For

·      Howard Marklein - 17th Senate District

·      Steve Elliot - YMCA

·      Jon Turke - Wisconsin Bankers Association

·      Katie White - Wisconsin Institute of CPAs

·      Bill McClenahan - NAIFA Wisconsin

Registrations Against

·      None.

Registrations for Information Only

·      None.

June 01, 2017              Executive Session Held

Present:       (10)      Representative Macco; Representatives Katsma, Kerkman, Steffen, Jacque, Bernier, Petersen, C. Taylor, Riemer and Ohnstad.

Absent:       (0)        None.

Excused:     (2)        Representatives Novak and Doyle.

Moved by Representative Katsma, seconded by Representative Petersen that Assembly Bill 176 be recommended for passage.

Ayes:     (9)     Representative Macco; Representatives Katsma, Kerkman, Steffen, Jacque, Bernier, Petersen, Riemer and Ohnstad.

Noes:     (1)     Representative C. Taylor.

PASSAGE RECOMMENDED, Ayes 9, Noes 1

______________________________

Benjamin Joniaux

Committee Clerk