Record of Committee Proceedings
Joint Committee on Finance
Assembly Bill 386
Relating to: lowering the individual income tax rates in the third bracket and increasing and expanding the retirement income subtraction.
By Representatives Steffen, Katsma, O'Connor, Allen, Armstrong, August, Born, Behnke, Binsfeld, Callahan, Dallman, Dittrich, Donovan, Duchow, Edming, Goeben, Green, Gundrum, Gustafson, Hurd, S. Johnson, Krug, Kitchens, Kurtz, Macco, Magnafici, Maxey, Melotik, Michalski, Moses, Mursau, Nedweski, Novak, Penterman, Petersen, Petryk, Plumer, Pronschinske, Rettinger, Rodriguez, Rozar, Sapik, Schmidt, Schraa, Snyder, Sortwell, Swearingen, Summerfield, Tittl, Tusler, VanderMeer, Vos, Wittke, Zimmerman and Oldenburg; cosponsored by Senators Cabral-Guevara, Bradley, Knodl, Jagler and Wanggaard.
September 22, 2023 Referred to Joint Committee on Finance
September 26, 2023 Executive Session Held
Present: (15) Senator Marklein; Representative Born; Senators Stroebel, Felzkowski, Ballweg, Testin, Wimberger, L. Johnson and Roys; Representatives Katsma, Zimmerman, Rodriguez, Dallman, McGuire and Andraca.
Absent: (0) None.
Excused: (1) Representative Kurtz.
Moved by Representative Born, seconded by Representative Katsma that Assembly Bill 386 be recommended for concurrence.
Ayes: (11) Senator Marklein; Representative Born; Senators Stroebel, Felzkowski, Ballweg, Testin and Wimberger; Representatives Katsma, Zimmerman, Rodriguez and Dallman.
Noes: (4) Senators L. Johnson and Roys; Representatives McGuire and Andraca.
CONCURRENCE RECOMMENDED, Ayes 11, Noes 4
______________________________
Joe Malkasian
Committee Clerk
