Assembly
Record of Committee Proceedings
Committee on Ways and Means
Assembly Bill 658
Relating to: a sales tax exemption for road-building equipment; increasing the income tax withholding threshold for nonresidents; modifying the certification requirement for a qualified opportunity fund; prohibiting certain lottery games; and extending the capital gains exclusion to family members who inherit certain farms organized as a partnership or limited liability company.
By Representatives Katsma, Born, Dallman, Edming, Kurtz, Mursau, Nedweski, Novak, O'Connor, Penterman, Plumer, Schutt, Steffen, Wichgers and Jacobson; cosponsored by Senators Marklein, Ballweg, Pfaff and Tomczyk.
November 09, 2023 Referred to Committee on Ways and Means
January 04, 2024 Public Hearing Held
Present: (12) Representative Macco; Representatives Brooks, Snyder, Dittrich, Armstrong, Callahan, Binsfeld, Gustafson, Conley, Ohnstad, Riemer and Baldeh.
Absent: (0) None.
Excused: (0) None.
Appearances For
· Representative Terry Katsma - 26th WI Assembly District
· Senator Howard Marklein - 17th WI Senate District
· Jodi Jensen - WTBA
Appearances Against
· None.
Appearances for Information Only
· Secretary Peter Barca - WI Department of Revenue
Registrations For
· John Schulze - Associated Builders and Contractors of Wisconsin
Registrations Against
· None.
Registrations for Information Only
· None.
January 11, 2024 Executive Session Held
Present: (11) Representative Macco; Representatives Brooks, Snyder, Dittrich, Armstrong, Callahan, Binsfeld, Conley, Ohnstad, Riemer and Baldeh.
Absent: (0) None.
Excused: (1) Representative Gustafson.
Moved by Representative Callahan, seconded by Representative Dittrich that Assembly Bill 658 be recommended for passage.
Ayes: (11) Representative Macco; Representatives Brooks, Snyder, Dittrich, Armstrong, Callahan, Binsfeld, Conley, Ohnstad, Riemer and Baldeh.
Noes: (0) None.
PASSAGE RECOMMENDED, Ayes 11, Noes 0
______________________________
Reanna Rasmussen
Committee Clerk
