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Assembly

Record of Committee Proceedings

Committee on State Affairs

Assembly Bill 933

Relating to: transferring the angel investment tax credit.

By Representatives Wittke, Zimmerman, Armstrong, Goeben, Nedweski, O'Connor and Shankland; cosponsored by Senators Feyen and Wanggaard.

January 12, 2024�������� Referred to Committee on State Affairs

January 24, 2024�������� Public Hearing Held

Present:������ (13)����� Representative Swearingen; Representatives Green, Summerfield, Schraa, Brooks, Spiros, Moses, Gustafson, Sinicki, Ohnstad, Baldeh, Cabrera and Hong.

Absent:������ (0)������� None.

Excused:���� (1)������� Representative Callahan.

Appearances For

����� Rep. Bob Wittke - 62nd Assembly District

����� Sam Rikkers - WEDC

����� Peter Welch - WI Startup Coalition

����� Nick Myers - Redfox AI

Appearances Against

����� None.

Appearances for Information Only

����� None.

Registrations For

����� Sen. Dan Feyen - 18th Senate District

����� Jordan Lamb - Bio Forward

����� Mark Austinson - WI Technology Council

Registrations Against

����� None.

Registrations for Information Only

����� None.

January 31, 2024�������� Executive Session Held

Present:������ (11)����� Representative Swearingen; Representatives Green, Summerfield, Schraa, Spiros, Moses, Sinicki, Ohnstad, Baldeh, Hong and Bare.

Absent:������ (0)������� None.

Excused:���� (3)������� Representatives Brooks, Callahan and Gustafson.

Moved by Representative Summerfield, seconded by Representative Schraa that Assembly Amendment 1 be recommended for adoption.

Ayes:���� (11)�� Representative Swearingen; Representatives Green, Summerfield, Schraa, Spiros, Moses, Sinicki, Ohnstad, Baldeh, Hong and Bare.

Noes:���� (0)���� None.

ASSEMBLY AMENDMENT 1 ADOPTION RECOMMENDED, Ayes 11, Noes 0

Moved by Representative Spiros, seconded by Representative Schraa that Assembly Bill 933 be recommended for passage as amended.

Ayes:���� (11)�� Representative Swearingen; Representatives Green, Summerfield, Schraa, Spiros, Moses, Sinicki, Ohnstad, Baldeh, Hong and Bare.

Noes:���� (0)���� None.

PASSAGE AS AMENDED RECOMMENDED, Ayes 11, Noes 0

______________________________

Taylor Corkran

Committee Clerk