Senate

Record of Committee Proceedings

Committee on Financial Institutions and Revenue

Senate Bill 794

Relating to: pass-through entity audits.

By Senators Marklein and Kooyenga; cosponsored by Representatives Wittke, Armstrong and Brooks.

December 17, 2021     Referred to Committee on Financial Institutions and Revenue

January 11, 2022         Public Hearing Held

Present:       (5)        Senator Kooyenga; Senators Jagler, Stafsholt, Ringhand and Agard.

Absent:       (0)        None.

Excused:     (0)        None.

Appearances For

·      State Representative Robert Wittke

·      Sen. Howard Marklein - 17th Senate District

·      CPA James Brandenburg - Wisconsin Institute of CPAs also a partner at Sikich CPAs

Appearances Against

·      None.

Appearances for Information Only

·      Secretary. Dept Rev Peter Barca - Dept of Revenue

Registrations For

·      Legislative Director Brian Dake - Wisconsin independent Businesses

·      CEO Tammy Hofstede - WISCONSIN INSTITUE OF CPAs

·      Alice O'Connor - Wisconsin Institute of CPAs

Registrations Against

·      None.

Registrations for Information Only

·      None.

January 13, 2022         Executive Session Held by Paper Ballot

Present:       (5)        Senator Kooyenga; Senators Jagler, Stafsholt, Ringhand and Agard.

Absent:       (0)        None.

Excused:     (0)        None.

Moved by  that Senate Amendment 2 be recommended for adoption.

Ayes:     (5)     Senator Kooyenga; Senators Jagler, Stafsholt, Ringhand and Agard.

Noes:     (0)     None.

SENATE AMENDMENT 2 ADOPTION RECOMMENDED, Ayes 5, Noes 0

Moved by  that Senate Bill 794 be recommended for passage as amended.

Ayes:     (5)     Senator Kooyenga; Senators Jagler, Stafsholt, Ringhand and Agard.

Noes:     (0)     None.

PASSAGE AS AMENDED RECOMMENDED, Ayes 5, Noes 0

______________________________

Nicholas Bures

Committee Clerk