Record of Committee Proceedings

Joint Survey Committee on Tax Exemptions

Assembly Bill 1021

Relating to: increasing and expanding the retirement income subtraction.

By Representatives Steffen, Kitchens, Allen, Armstrong, August, Behnke, Binsfeld, Born, Brandtjen, Dittrich, Donovan, Edming, Goeben, Green, Gundrum, Hurd, Katsma, Krug, Kurtz, Macco, Magnafici, Maxey, Melotik, Moses, Murphy, Mursau, Myers, Nedweski, O'Connor, Oldenburg, Penterman, Petryk, Plumer, Rettinger, Schmidt, Schraa, Schutt, Snyder, Sortwell, Spiros, Tranel, Wichgers, Wittke and Swearingen; cosponsored by Senators Cabral-Guevara, Wimberger, Ballweg, Bradley, Jagler, Felzkowski, Feyen, Marklein, Nass, Quinn, Stroebel, Testin, Wanggaard and Tomczyk.

January 29, 2024         Referred to Joint Survey Committee on Tax Exemptions

February 08, 2024       Executive Session Held

Present:       (8)        Senator Testin; Representative August; Senators Marklein and Hesselbein; Representatives Swearingen and Goyke; Secretary Barca; Public Member Keenan.

Absent:       (1)        Public Member Kessler.

Excused:     (0)        None.

Moved by Senator Testin, seconded by Representative August that Assembly Bill 1021 be recommended for Recommend that the tax exemption provisions of Assembly Bill 1021 are good public policy: .

Ayes:     (4)     Senator Testin; Representative August; Senator Marklein; Representative Swearingen.

Noes:     (4)     Senator Hesselbein; Representative Goyke; Secretary Barca; Public Member Keenan.

WITHOUT RECOMMENDATION, Ayes 4, Noes 4

Moved by Senator Testin, seconded by Representative August that Assembly Bill 1021 be recommended for Recommend that the tax exemption provisions of Assembly Bill 1021 are not good public policy: .

Ayes:     (4)     Senator Testin; Representative August; Senator Marklein; Representative Swearingen.

Noes:     (4)     Senator Hesselbein; Representative Goyke; Secretary Barca; Public Member Keenan.

WITHOUT RECOMMENDATION, Ayes 4, Noes 4

______________________________

Ariana Beno

Committee Clerk