Assembly
Record of Committee Proceedings
Committee on Ways and Means
Assembly Bill 717
Relating to: increasing the net capital loss deduction.
By Representatives Brooks, Dittrich, Gundrum, Horlacher, Katsma, Knodl, Kuglitsch, Magnafici, Steffen, Zimmerman and Skowronski; cosponsored by Senators Stroebel, Jacque and Kooyenga.
January 08, 2020 Referred to Committee on Ways and Means
January 23, 2020 Public Hearing Held
Present: (12) Representative Macco; Representatives Wittke, Kerkman, Brooks, Kulp, Petersen, Dittrich, Ramthun, Riemer, Ohnstad, Haywood and McGuire.
Absent: (0) None.
Excused: (0) None.
Appearances For
· Representative Robert Brooks - Wisconsin's 60th Assembly District
· Robert Reischel
Appearances Against
· None.
Appearances for Information Only
· None.
Registrations For
· Brian Dake - Wisconsin Independent Businesses
Registrations Against
· None.
Registrations for Information Only
· None.
February 06, 2020 Executive Session Held
Present: (12) Representative Macco; Representatives Wittke, Kerkman, Brooks, Kulp, Petersen, Dittrich, Ramthun, Riemer, Ohnstad, Haywood and McGuire.
Absent: (0) None.
Excused: (0) None.
Moved by Representative Ramthun, seconded by Representative Kerkman that Assembly Amendment 1 be recommended for adoption.
Ayes: (12) Representative Macco; Representatives Wittke, Kerkman, Brooks, Kulp, Petersen, Dittrich, Ramthun, Riemer, Ohnstad, Haywood and McGuire.
Noes: (0) None.
ASSEMBLY AMENDMENT 1 ADOPTION RECOMMENDED, Ayes 12, Noes 0
Moved by Representative Ramthun, seconded by Representative Brooks that Assembly Bill 717 be recommended for passage as amended.
Ayes: (8) Representative Macco; Representatives Wittke, Kerkman, Brooks, Kulp, Petersen, Dittrich and Ramthun.
Noes: (4) Representatives Riemer, Ohnstad, Haywood and McGuire.
PASSAGE AS AMENDED RECOMMENDED, Ayes 8, Noes 4
______________________________
Nicholas Bures
Committee Clerk
