Assembly

Record of Committee Proceedings

Committee on Ways and Means

Assembly Bill 3

Relating to: modifications to the tax treatment of tax-option corporations that elect to pay tax at the entity level.

By Representatives Wittke and Macco; cosponsored by Senators Marklein, Kooyenga and Kapenga.

January 15, 2021         Referred to Committee on Ways and Means

January 21, 2021         Public Hearing Held

Present:       (12)      Representatives Wittke, Kerkman, Knodl, Snyder, Dittrich, Ramthun, Brooks, Armstrong, McGuire, Conley, Ohnstad and Riemer.

Absent:       (0)        None.

Excused:     (1)        Representative Macco.

Appearances For

·      Rep.  Robert  Wittke - WI 62nd Assembly District

Appearances Against

·      None.

Appearances for Information Only

·      None.

Registrations For

·      Sen.  Howard Marklein - WI 17th Senate District

·      Brian Dake - WI Indpendent Businesses

Registrations Against

·      None.

Registrations for Information Only

·      None.

January 21, 2021         Executive Session Held

Present:       (12)      Representatives Wittke, Kerkman, Knodl, Snyder, Dittrich, Ramthun, Brooks, Armstrong, McGuire, Conley, Ohnstad and Riemer.

Absent:       (0)        None.

Excused:     (1)        Representative Macco.

Moved by Representative Kerkman, seconded by Representative Ramthun that Assembly Bill 3 be recommended for passage.

Ayes:     (12)   Representatives Wittke, Kerkman, Knodl, Snyder, Dittrich, Ramthun, Brooks, Armstrong, McGuire, Conley, Ohnstad and Riemer.

Noes:     (0)     None.

PASSAGE RECOMMENDED, Ayes 12, Noes 0

______________________________

Nicholas Bures

Committee Clerk