Assembly
Record of Committee Proceedings
Committee on Ways and Means
Assembly Bill 658
Relating to: a sales tax exemption for road-building equipment; increasing the income tax withholding threshold for nonresidents; modifying the certification requirement for a qualified opportunity fund; prohibiting certain lottery games; and extending the capital gains exclusion to family members who inherit certain farms organized as a partnership or limited liability company.
By Representatives Katsma, Born, Dallman, Edming, Kurtz, Mursau, Nedweski, Novak, O'Connor, Penterman, Plumer, Schutt, Steffen, Wichgers and Jacobson; cosponsored by Senators Marklein, Ballweg, Pfaff and Tomczyk.
November 09, 2023��� Referred to Committee on Ways and Means
January 04, 2024�������� Public Hearing Held
Present:������ (12)����� Representative Macco; Representatives Brooks, Snyder, Dittrich, Armstrong, Callahan, Binsfeld, Gustafson, Conley, Ohnstad, Riemer and Baldeh.
Absent:������ (0)������� None.
Excused:���� (0)������� None.
Appearances For
������ Representative Terry Katsma - 26th WI Assembly District
������ Senator Howard Marklein - 17th WI Senate District
������ Jodi Jensen - WTBA
Appearances Against
������ None.
Appearances for Information Only
������ Secretary Peter Barca - WI Department of Revenue
Registrations For
������ John Schulze - Associated Builders and Contractors of Wisconsin
Registrations Against
������ None.
Registrations for Information Only
������ None.
January 11, 2024�������� Executive Session Held
Present:������ (11)����� Representative Macco; Representatives Brooks, Snyder, Dittrich, Armstrong, Callahan, Binsfeld, Conley, Ohnstad, Riemer and Baldeh.
Absent:������ (0)������� None.
Excused:���� (1)������� Representative Gustafson.
Moved by Representative Callahan, seconded by Representative Dittrich that Assembly Bill 658 be recommended for passage.
Ayes:���� (11)�� Representative Macco; Representatives Brooks, Snyder, Dittrich, Armstrong, Callahan, Binsfeld, Conley, Ohnstad, Riemer and Baldeh.
Noes:���� (0)���� None.
PASSAGE RECOMMENDED, Ayes 11, Noes 0
______________________________
Reanna Rasmussen
Committee Clerk
