Record of Committee Proceedings

Committee on Ways and Means

Assembly Bill 974

Relating to: creating a 401Kids savings program and the 401Kids savings program trust fund; granting rule-making authority; and making an appropriation.

By Representatives Macco, Goyke, Andraca, Armstrong, Cabral-Guevara, Considine, Drake, Haywood, Hebl, Hintz, Horlacher, Kitchens, McGuire, Moore Omokunde, Ohnstad, Pope, Sinicki, Snodgrass, Spreitzer, Steffen, Stubbs, Thiesfeldt, Vruwink and Shankland; cosponsored by Senators Ringhand, Agard, Johnson, Larson, Pfaff, Roys and Smith.

February 10, 2022       Referred to Committee on Ways and Means

March 01, 2022           Public Hearing Held

Present:       (11)      Representative Macco; Representatives Wittke, Kerkman, Knodl, Snyder, Ramthun, Brooks, Armstrong, McGuire, Ohnstad and Riemer.

Absent:       (0)        None.

Excused:     (2)        Representatives Dittrich and Conley.

Appearances For

·      Representative John Macco - Wisconsin's 88th Assembly District

·      Treasurer Sarah Godlenski - Treasurer's Office

·      Senator Janis Ringhand - Wisconsin's 15th Senate District

·      Representative Evan Goyke - Wisconsin's 18th Assembly District

Appearances Against

·      None.

Appearances for Information Only

·      Chelsea Wunnicke - UW Madison Division of Extension

·      Jennifer Abel - UW Madison Division of Extension

·      Tarna Hunter - Wisconsin Department of Employee Trust Funds

·      Matt Stohr - Wisconsin Department of Employee Trust Funds

Registrations For

·      None.

Registrations Against

·      None.

Registrations for Information Only

·      None.

March 10, 2022           Failed to pass pursuant to Senate Joint Resolution 1


Reanna Rasmussen

Committee Clerk