Senate

Record of Committee Proceedings

Committee on Agriculture and Revenue

Senate Bill 482

Relating to: increasing the carryover period of the research income tax credit.

By Senators Feyen, Habush Sinykin, Felzkowski and Wanggaard; cosponsored by Representatives Callahan, Armstrong, Born, Knodl, Melotik, Swearingen, Wittke, Zimmerman, Dittrich, B. Jacobson, Kreibich, Murphy, Mursau, Penterman, Piwowarczyk, Steffen and Subeck.

October 02, 2025        Referred to Committee on Agriculture and Revenue

November 04, 2025    Public Hearing Held

Present:       (8)        Senator Testin; Senators Tomczyk, Marklein, Cabral-Guevara, Jacque, Pfaff, Spreitzer and Keyeski.

Absent:       (0)        None.

Excused:     (0)        None.

Appearances For

·      Matt Censky - 20th Senate District, Senator Feyen Staff

·      State Government Relations Manager Chelsea Jerominski - Association of Equipment Manufacturers

·      Dir. Of Tax, General Counsel Evan Umpir - Wisconsin Manufacturers and Commerce

·      VP of Govt Affairs Andrew Davis - Metropolitan Milwaukee Association of Commerce

Appearances Against

·      None.

Appearances for Information Only

·      None.

Registrations For

·      RJ Pirlot - Harley-Davidson Motor Company

·      Jordan Lamb - BioForward

·      Peter Welch - WI startup coalition

·      President Brian Dake - Wisconsin Independent Businesses

·      Michael Welsh - Wisconsin Economic Development Association

·      Will Neitzel - Waukesha County Business Alliance

Registrations Against

·      None.

Registrations for Information Only

·      None.

November 06, 2025    Executive Session Held by Paper Ballot

Present:       (8)        Senator Testin; Senators Tomczyk, Marklein, Cabral-Guevara, Jacque, Pfaff, Spreitzer and Keyeski.

Absent:       (0)        None.

Excused:     (0)        None.

Moved  that Senate Bill 482 be recommended for passage.

Ayes:     (8)     Senator Testin; Senators Tomczyk, Marklein, Cabral-Guevara, Jacque, Pfaff, Spreitzer and Keyeski.

Noes:     (0)     None.

PASSAGE RECOMMENDED, Ayes 8, Noes 0

______________________________

Christina Nelson

Committee Clerk