Record of Committee Proceedings

Joint Committee on Finance

Senate Bill 339

Relating to: increasing the net capital loss deduction.

By Senators Kooyenga, Ballweg, Jacque and Nass; cosponsored by Representatives Sortwell, Brooks, Allen, Dittrich, Horlacher, Knodl, Krug, Kuglitsch, Moses, Murphy, Steffen, Thiesfeldt, Wichgers and Zimmerman.

January 28, 2022         Referred to Joint Committee on Finance

February 09, 2022       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 B. Meyers.

Absent:       (0)        None.

Excused:     (1)        Senator Kooyenga.

Moved by Senator Marklein, seconded by Representative Katsma that Senate Amendment 1 be recommended for adoption.

Ayes:     (15)   Senator Marklein; Representative Born; Senators Stroebel, Felzkowski, Bernier, Ballweg, Erpenbach and Johnson; Representatives Loudenbeck, Katsma, Zimmerman, J. Rodriguez, Kurtz, Goyke and B. Meyers.

Noes:     (0)     None.

SENATE AMENDMENT 1 ADOPTION RECOMMENDED, Ayes 15, Noes 0

Moved by Senator Marklein, seconded by Representative Katsma that Senate Bill 339 be recommended for passage as amended.

Ayes:     (15)   Senator Marklein; Representative Born; Senators Stroebel, Felzkowski, Bernier, Ballweg, Erpenbach and Johnson; Representatives Loudenbeck, Katsma, Zimmerman, J. Rodriguez, Kurtz, Goyke and B. Meyers.

Noes:     (0)     None.

PASSAGE AS AMENDED RECOMMENDED, Ayes 15, Noes 0

______________________________

Joe Malkasian

Committee Clerk