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Senate

Record of Committee Proceedings

Committee on Universities and Revenue

Senate Bill 435

Relating to: lowering the individual income tax rates in the third bracket and increasing and expanding the retirement income subtraction.

By Senators Cabral-Guevara, Bradley, Knodl, Jagler and Wanggaard; cosponsored by Representatives Steffen, Katsma, O'Connor, Allen, Armstrong, August, Brooks, 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, Oldenburg and Tranel.

September 20, 2023��� Referred to Committee on Universities and Revenue

September 26, 2023��� Public Hearing Held

Present:������ (7)������� Senator Hutton; Senators Nass, Ballweg, Cabral-Guevara, Larson, Roys and Smith.

Absent:������ (0)������� None.

Excused:���� (1)������� Senator James.

Appearances For

����� None.

Appearances Against

����� None.

Appearances for Information Only

����� None.

Registrations For

����� None.

Registrations Against

����� None.

Registrations for Information Only

����� None.

October 10, 2023������� Executive Session Held

Present:������ (8)������� Senator Hutton; Senators James, Nass, Ballweg, Cabral-Guevara, Larson, Roys and Smith.

Absent:������ (0)������� None.

Excused:���� (0)������� None.

Moved by Senator Hutton, seconded by Senator James that Senate Bill 435 be recommended for passage.

Ayes:���� (5)���� Senator Hutton; Senators James, Nass, Ballweg and Cabral-Guevara.

Noes:���� (3)���� Senators Larson, Roys and Smith.

PASSAGE RECOMMENDED, Ayes 5, Noes 3

______________________________

Nicholas Esbeck

Committee Clerk