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Senate

Record of Committee Proceedings

Committee on Housing, Rural Issues and Forestry

Senate Bill 40

Relating to: changes to the low-income housing tax credit.

By Senators Feyen and Quinn; cosponsored by Representatives Armstrong, Kurtz, Allen, Dittrich, Edming, Green, Kitchens, Magnafici, Murphy, Mursau, Novak, Snyder, Spiros, Tusler and VanderMeer.

February 03, 2023������ Referred to Committee on Housing, Rural Issues and Forestry

May 18, 2023������������� Public Hearing Held

Present:������ (5)������� Senator Quinn; Senators Jagler, Stafsholt, Wirch and Spreitzer.

Absent:������ (0)������� None.

Excused:���� (0)������� None.

Appearances For

����� Senator Dan Feyen - 18th Senate District

����� Rep. Dave Armstrong - Assembly author

����� Alex Johnson - InState Partners

����� Dan Kroetz - The Commonwealth Companies

����� Sean Obrien - Northpointe development

����� Tom Simplot - Sugar Creek Capital

����� David Ginger - Wisc Housing Preservation Corp

����� President Mary Wright - WHPC

����� Development Project Manager Jonathan Beck - Alexander Company

����� Mark Hammond - MSP Real Estate

Appearances Against

����� None.

Appearances for Information Only

����� Elmer Moore - WHEDA

����� Samantha Linden - Wisconsin Housing and Economic Development Authority

Registrations For

����� President Mike Howe - WI Builders Assoc

����� Rep. William Penterman - 37th Assembly District

����� Rep Scott Krug - State Rep 72nd Assembly

����� Chief Legal Counsel Robert Procter - WI Builders Association

����� Executive Director Brad Boycks - WI Builders Association

����� Legislative Affairs Director Michael Welsh - Wisconsin Economic Development Association

Registrations Against

����� None.

Registrations for Information Only

����� None.

June 09, 2023������������� Executive Session Held by Paper Ballot

Present:������ (5)������� Senator Quinn; Senators Jagler, Stafsholt, Wirch and Spreitzer.

Absent:������ (0)������� None.

Excused:���� (0)������� None.

Moved by� that Senate Amendment 1 be recommended for adoption.

Ayes:���� (4)���� Senator Quinn; Senators Jagler, Wirch and Spreitzer.

Noes:���� (0)���� None.

SENATE AMENDMENT 1 ADOPTION RECOMMENDED, Ayes 4, Noes 0

Moved by� that Senate Amendment 2 be recommended for adoption.

Ayes:���� (4)���� Senator Quinn; Senators Jagler, Wirch and Spreitzer.

Noes:���� (0)���� None.

SENATE AMENDMENT 2 ADOPTION RECOMMENDED, Ayes 4, Noes 0

Moved by� that Senate Bill 40 be recommended for passage as amended.

Ayes:���� (4)���� Senator Quinn; Senators Jagler, Wirch and Spreitzer.

Noes:���� (1)���� Senator Stafsholt.

PASSAGE AS AMENDED RECOMMENDED, Ayes 4, Noes 1

______________________________

Jason Vick

Committee Clerk