The ayes and noes were required and the vote was: ayes, 31; noes, 1; absent or not voting, 0; as follows:
Ayes - Senators Bewley, Carpenter, Cowles, Craig, Darling, Erpenbach, Feyen, Fitzgerald, Hansen, Johnson, Kapenga, Larson, LeMahieu, Marklein, Miller, Moulton, Nass, Olsen, Petrowski, Ringhand, Roth, Schachtner, Shilling, Stroebel, L. Taylor, Testin, Tiffany, Vinehout, Vukmir, Wanggaard and Wirch - 31.
Noes - Senator Risser - 1.
Absent or not voting - None - 0.
Concurred in.
Assembly Bill 259
Relating to: the length of the recognition period for built-in gains tax; the evidentiary standard for proving a transaction has economic substance; participation by the Department of Revenue in the Multistate Tax Commission Audit Program; and reliance by a taxpayer on past audits by the Department of Revenue.
_____________
In the Chair
President Pro Tempore Marklein in the chair.
3:26 P.M.
_____________
In the Chair
Senate President Roth in the chair.
Senator Fitzgerald raised the point of order that Senate Amendment 1 to Assembly Bill 259 was not germane, pursuant to Senate Rule 50 (6)(b). The Chair ruled the point of order well taken
hist91926Senator Miller appealed the ruling of the Chair. The queston was: Shall the Decision of the Chair stand as the judgment of the Senate?
The ayes and noes were required and the vote was: ayes, 18; noes, 14; absent or not voting, 0; as follows:
Ayes - Senators Cowles, Craig, Darling, Feyen, Fitzgerald, Kapenga, LeMahieu, Marklein, Moulton, Nass, Olsen, Petrowski, Roth, Stroebel, Testin, Tiffany, Vukmir and Wanggaard - 18.
Noes - Senators Bewley, Carpenter, Erpenbach, Hansen, Johnson, Larson, Miller, Ringhand, Risser, Schachtner, Shilling, L. Taylor, Vinehout and Wirch - 14.
Absent or not voting - None - 0.
The Decision of the Chair stands as the judgement of the Senate.
hist91928Senator Fitzgerald, with unanimous consent, asked that the rules be suspended and the bill be given its third reading. Read a third time.