Assembly

Record of Committee Proceedings

Committee on State Affairs

Assembly Bill 933

Relating to: transferring the angel investment tax credit.

By Representatives Wittke, Zimmerman, Armstrong, Goeben, Nedweski, O'Connor and Shankland; cosponsored by Senators Feyen and Wanggaard.

January 12, 2024         Referred to Committee on State Affairs

January 24, 2024         Public Hearing Held

Present:       (13)      Representative Swearingen; Representatives Green, Summerfield, Schraa, Brooks, Spiros, Moses, Gustafson, Sinicki, Ohnstad, Baldeh, Cabrera and Hong.

Absent:       (0)        None.

Excused:     (1)        Representative Callahan.

Appearances For

·      Rep. Bob Wittke - 62nd Assembly District

·      Sam Rikkers - WEDC

·      Peter Welch - WI Startup Coalition

·      Nick Myers - Redfox AI

Appearances Against

·      None.

Appearances for Information Only

·      None.

Registrations For

·      Sen. Dan Feyen - 18th Senate District

·      Jordan Lamb - Bio Forward

·      Mark Austinson - WI Technology Council

Registrations Against

·      None.

Registrations for Information Only

·      None.

January 31, 2024         Executive Session Held

Present:       (11)      Representative Swearingen; Representatives Green, Summerfield, Schraa, Spiros, Moses, Sinicki, Ohnstad, Baldeh, Hong and Bare.

Absent:       (0)        None.

Excused:     (3)        Representatives Brooks, Callahan and Gustafson.

Moved by Representative Summerfield, seconded by Representative Schraa that Assembly Amendment 1 be recommended for adoption.

Ayes:     (11)   Representative Swearingen; Representatives Green, Summerfield, Schraa, Spiros, Moses, Sinicki, Ohnstad, Baldeh, Hong and Bare.

Noes:     (0)     None.

ASSEMBLY AMENDMENT 1 ADOPTION RECOMMENDED, Ayes 11, Noes 0

Moved by Representative Spiros, seconded by Representative Schraa that Assembly Bill 933 be recommended for passage as amended.

Ayes:     (11)   Representative Swearingen; Representatives Green, Summerfield, Schraa, Spiros, Moses, Sinicki, Ohnstad, Baldeh, Hong and Bare.

Noes:     (0)     None.

PASSAGE AS AMENDED RECOMMENDED, Ayes 11, Noes 0

______________________________

Taylor Corkran

Committee Clerk