Record of Committee Proceedings
Joint Survey Committee on Tax Exemptions
Senate Bill 59
Relating to: state finances and appropriations, constituting the executive budget act of the 2019 legislature.
By joint committee on Finance.
March 01, 2019 Referred to Joint Survey Committee on Tax Exemptions
June 18, 2019 Executive Session Held
Present: (9) Senator Kooyenga; Representative August; Senators Tiffany and Larson; Representatives Swearingen and Riemer; Public Member Keenan; Public Member Kessler; Secretary Barca.
Absent: (0) None.
Excused: (0) None.
Moved by Senator Kooyenga, seconded by Representative August that Senate Bill 59 be recommended for The Joint Survey Committee on Tax Exemptions finds that there is appropriate public policy on the following tax exemptions in Senate Bill 59: Deduction for business expenses for moving out of state; Limit real estate transfer fee exemptions for transfers between related entities; Medical care insurance deduction for self-employed persons; Exclusion for interest on certain WHEFA bonds and notes.
Ayes: (9) Senator Kooyenga; Representative August; Senators Tiffany and Larson; Representatives Swearingen and Riemer; Public Member Keenan; Public Member Kessler; Secretary Barca.
Noes: (0) None.
THE JOINT SURVEY COMMITTEE ON TAX EXEMPTIONS FINDS THAT THERE IS APPROPRIATE PUBLIC POLICY ON THE FOLLOWING TAX EXEMPTIONS IN SENATE BILL 59: DEDUCTION FOR BUSINESS EXPENSES FOR MOVING OUT OF STATE; LIMIT REAL ESTATE TRANSFER FEE EXEMPTIONS FOR TRANSFERS BETWEEN RELATED ENTITIES; MEDICAL CARE INSURANCE DEDUCTION FOR SELF-EMPLOYED PERSONS; EXCLUSION FOR INTEREST ON CERTAIN WHEFA BONDS AND NOTES RECOMMENDED, Ayes 9, Noes 0
Moved by Senator Kooyenga, seconded by Representative August that Senate Bill 59 be recommended for The Joint Survey Committee on Tax Exemptions finds remaining tax exemption provisions of Senate Bill 59 are not appropriate public policy.
Ayes: (4) Senator Kooyenga; Representative August; Senator Tiffany; Representative Swearingen.
Noes: (5) Senator Larson; Representative Riemer; Public Member Keenan; Public Member Kessler; Secretary Barca.
THE JOINT SURVEY COMMITTEE ON TAX EXEMPTIONS FINDS REMAINING TAX EXEMPTION PROVISIONS OF SENATE BILL 59 ARE NOT APPROPRIATE PUBLIC POLICY NOT RECOMMENDED, Ayes 4, Noes 5
Moved by Secretary Peter Barca, seconded by Elizabeth Kessler that Senate Bill 59 be recommended for The Joint Survey Committee on Tax Exemptions finds remaining tax exemption provisions of Senate Bill 59 are appropriate public policy.
Ayes: (5) Senator Larson; Representative Riemer; Public Member Keenan; Public Member Kessler; Secretary Barca.
Noes: (4) Senator Kooyenga; Representative August; Senator Tiffany; Representative Swearingen.
THE JOINT SURVEY COMMITTEE ON TAX EXEMPTIONS FINDS REMAINING TAX EXEMPTION PROVISIONS OF SENATE BILL 59 ARE APPROPRIATE PUBLIC POLICY RECOMMENDED, Ayes 5, Noes 4
______________________________
Patrick McNulty
Committee Clerk
