Assembly
Record of Committee Proceedings
Committee on Ways and Means
Assembly Bill 327
Relating to: increasing the net capital loss deduction.
By Representatives Sortwell, Brooks, Allen, Dittrich, Horlacher, Knodl, Krug, Kuglitsch, Moses, Murphy, Steffen, Thiesfeldt, Wichgers and Zimmerman; cosponsored by Senators Kooyenga, Ballweg, Jacque and Nass.
May 13, 2021 Referred to Committee on Ways and Means
October 20, 2021 Public Hearing Held
Present: (12) Representative Macco; Representatives Wittke, Kerkman, Snyder, Dittrich, Ramthun, Brooks, Armstrong, McGuire, Ohnstad, Riemer and Conley.
Absent: (0) None.
Excused: (1) Representative Knodl.
Appearances For
· Representative Shae Sortwell - Wisconsin's 2nd Assembly District
Appearances Against
· None.
Appearances for Information Only
· None.
Registrations For
· Erich Ziller
· Brian Dake - WI Independent Businesses
Registrations Against
· None.
Registrations for Information Only
· None.
November 09, 2021 Executive Session Held
Present: (13) Representative Macco; Representatives Wittke, Kerkman, Knodl, Snyder, Dittrich, Ramthun, Brooks, Armstrong, McGuire, Ohnstad, Riemer and Conley.
Absent: (0) None.
Excused: (0) None.
Moved by Representative Kerkman, seconded by Representative Dittrich that Assembly Amendment 1 be recommended for adoption.
Ayes: (13) Representative Macco; Representatives Wittke, Kerkman, Knodl, Snyder, Dittrich, Ramthun, Brooks, Armstrong, McGuire, Ohnstad, Riemer and Conley.
Noes: (0) None.
ASSEMBLY AMENDMENT 1 ADOPTION RECOMMENDED, Ayes 13, Noes 0
Moved by Representative Dittrich, seconded by Representative Kerkman that Assembly Bill 327 be recommended for passage as amended.
Ayes: (12) Representative Macco; Representatives Wittke, Kerkman, Knodl, Snyder, Dittrich, Ramthun, Brooks, Armstrong, McGuire, Ohnstad and Conley.
Noes: (1) Representative Riemer.
PASSAGE AS AMENDED RECOMMENDED, Ayes 12, Noes 1
______________________________
Reanna Rasmussen
Committee Clerk
