Record of Committee Proceedings

Joint Committee on Finance

Assembly Bill 627

Relating to: various changes to the business development tax credit.

By Representatives Armstrong, Macco, Behnke, Donovan, Hurd, Maxey, Mursau, O'Connor, VanderMeer and Zimmerman; cosponsored by Senators Feyen and Ballweg.

February 06, 2024       Referred to Joint Committee on Finance

February 07, 2024       Executive Session Held

Present:       (15)      Senator Marklein; Representative Born; Senators Stroebel, Felzkowski, Ballweg, Testin, Wimberger, L. Johnson and Roys; Representatives Katsma, Zimmerman, Kurtz, Dallman, McGuire and Andraca.

Absent:       (0)        None.

Excused:     (1)        Representative Rodriguez.

Moved by Representative Born, seconded by Senator Marklein that Assembly Amendment 1 to Assembly Substitute Amendment 1 be recommended for adoption.

Ayes:     (15)   Senator Marklein; Representative Born; Senators Stroebel, Felzkowski, Ballweg, Testin, Wimberger, L. Johnson and Roys; Representatives Katsma, Zimmerman, Kurtz, Dallman, McGuire and Andraca.

Noes:     (0)     None.

ASSEMBLY AMENDMENT 1 TO ASSEMBLY SUBSTITUTE AMENDMENT 1 ADOPTION RECOMMENDED, Ayes 15, Noes 0

Moved by Representative Born, seconded by Senator Marklein that Assembly Substitute Amendment 1 be recommended for adoption.

Ayes:     (15)   Senator Marklein; Representative Born; Senators Stroebel, Felzkowski, Ballweg, Testin, Wimberger, L. Johnson and Roys; Representatives Katsma, Zimmerman, Kurtz, Dallman, McGuire and Andraca.

Noes:     (0)     None.

ASSEMBLY SUBSTITUTE AMENDMENT 1 ADOPTION RECOMMENDED, Ayes 15, Noes 0

Moved by Representative Born, seconded by Senator Marklein that Assembly Bill 627 be recommended for passage as amended.

Ayes:     (15)   Senator Marklein; Representative Born; Senators Stroebel, Felzkowski, Ballweg, Testin, Wimberger, L. Johnson and Roys; Representatives Katsma, Zimmerman, Kurtz, Dallman, McGuire and Andraca.

Noes:     (0)     None.

PASSAGE AS AMENDED RECOMMENDED, Ayes 15, Noes 0

______________________________

Joe Malkasian

Committee Clerk