Record of Committee Proceedings
Joint Survey Committee on Tax Exemptions
Assembly Bill 386
Relating to: lowering the individual income tax rates in the third bracket and increasing and expanding the retirement income subtraction.
By Representatives Steffen, Katsma, O'Connor, Allen, Armstrong, August, Born, Behnke, Binsfeld, Callahan, Dallman, Dittrich, Donovan, Duchow, Edming, Goeben, Green, Gundrum, Gustafson, Hurd, S. Johnson, Krug, Kitchens, Kurtz, Macco, Magnafici, Maxey, Melotik, Michalski, Moses, Mursau, Nedweski, Novak, Penterman, Petersen, Petryk, Plumer, Pronschinske, Rettinger, Rodriguez, Rozar, Sapik, Schmidt, Schraa, Snyder, Sortwell, Swearingen, Summerfield, Tittl, Tusler, VanderMeer, Vos, Wittke, Zimmerman and Oldenburg; cosponsored by Senators Cabral-Guevara, Bradley, Knodl, Jagler and Wanggaard.
August 30, 2023��������� Referred to Joint Survey Committee on Tax Exemptions
September 11, 2023��� Executive Session Held by Paper Ballot
Present:������ (9)������� Senator Testin; Representative August; Senators Marklein and Taylor; Representatives Swearingen and Goyke; Secretary Barca; Public Member Kessler; Public Member Keenan.
Absent:������ (0)������� None.
Excused:���� (0)������� None.
Moved by Senator Testin, seconded by Representative August that Assembly Bill 386 be recommended for Recommend that the tax exemption provsiions of AB 386 are good public policy.
Ayes:���� (4)���� Senator Testin; Representative August; Senator Marklein; Representative Swearingen.
Noes:���� (5)���� Senator Taylor; Representative Goyke; Secretary Barca; Public Member Kessler; Public Member Keenan.
WITHOUT RECOMMENDATION, Ayes 4, Noes 5
Moved by Senator Taylor, seconded by Representative Goyke that Assembly Bill 386 be recommended for Recommend that the tax exemption provisions of Assembly Bill 386 are not good public policy.
Ayes:���� (5)���� Senator Taylor; Representative Goyke; Secretary Barca; Public Member Kessler; Public Member Keenan.
Noes:���� (4)���� Senator Testin; Representative August; Senator Marklein; Representative Swearingen.
RECOMMEND THAT THE TAX EXEMPTION PROVISIONS OF ASSEMBLY BILL 386 ARE NOT GOOD PUBLIC POLICY RECOMMENDED, Ayes 5, Noes 4
______________________________
Ariana Beno
Committee Clerk
