Assembly
Record of Committee Proceedings
Committee on Ways and Means
Assembly Bill 753
Relating to: modifications to the tax treatment of tax-option corporations that elect to pay tax at the entity level.
By Representatives Macco and Wittke; cosponsored by Senators Marklein, Kapenga and Kooyenga.
January 17, 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
· Senator Howard Marklein - Wisconsin's 17th Senate District
· Representative John Macco - Wisconsin's 88th Assembly District
· Ruth Kallio-Mielke - WI Institute of CPA's
· Mike Friedman - WI Institute of CPA's
Appearances Against
· None.
Appearances for Information Only
· None.
Registrations For
· Alice OConnor - WI Institute of CPA's
· Tammy Hofstede - WI CPA's
· 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 Kerkman, seconded by Representative Brooks that Assembly Bill 753 be recommended for passage.
Ayes: (12) Representative Macco; Representatives Wittke, Kerkman, Brooks, Kulp, Petersen, Dittrich, Ramthun, Riemer, Ohnstad, Haywood and McGuire.
Noes: (0) None.
PASSAGE RECOMMENDED, Ayes 12, Noes 0
______________________________
Nicholas Bures
Committee Clerk
