Record of Committee Proceedings
Joint Committee on Finance
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.
February 08, 2021 Referred to Joint Committee on Finance
February 10, 2021 Executive Session Held
Present: (15) Senator Marklein; Representative Born; Senators Stroebel, Felzkowski, Bernier, Ballweg, Erpenbach and Johnson; Representatives Loudenbeck, Katsma, Zimmerman, J. Rodriguez, Kurtz, Goyke and Neubauer.
Absent: (0) None.
Excused: (1) Senator Kooyenga.
Moved by Senator Marklein, seconded by Representative Born that Assembly Bill 3 be recommended for passage, with emergency statement attached, pursuant to S. 16.47 (2), Wisconsin Statutes.
Ayes: (15) Senator Marklein; Representative Born; Senators Stroebel, Felzkowski, Bernier, Ballweg, Erpenbach and Johnson; Representatives Loudenbeck, Katsma, Zimmerman, J. Rodriguez, Kurtz, Goyke and Neubauer.
Noes: (0) None.
PASSAGE, WITH EMERGENCY STATEMENT ATTACHED, PURSUANT TO S. 16.47 (2), WISCONSIN STATUTES RECOMMENDED, Ayes 15, Noes 0
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Joe Malkasian
Committee Clerk
