SB55-ASA1,733,2420 (g) In calculating the credit under par. (b) a claimant shall reduce the amount
21expended to acquire property by a percentage equal to the percentage of the area of
22the real property not used for the purposes for which the claimant is certified and
23shall reduce the amount expended for other purposes by the amount expended on the
24part of the property not used for the purposes for which the claimant is certified.
SB55-ASA1,734,2
1(h) The carry-over provisions of s. 71.28 (4) (e) and (f) as they relate to the credit
2under s. 71.28 (4) relate to the credit under this subsection.
SB55-ASA1,734,153 (i) Partnerships, limited liability companies, and tax-option corporations may
4not claim the credit under this subsection, but the eligibility for, and the amount of,
5that credit shall be determined on the basis of their economic activity, not that of their
6shareholders, partners, or members. The corporation, partnership, or limited
7liability company shall compute the amount of credit that may be claimed by each
8of its shareholders, partners, or members and provide that information to its
9shareholders, partners, or members. Partners, members of limited liability
10companies, and shareholders of tax-option corporations may claim the credit based
11on the partnership's, company's, or corporation's activities in proportion to their
12ownership interest and may offset it against the tax attributable to their income from
13the partnership's, company's, or corporation's business operations in the
14development zone and against the tax attributable to their income from the
15partnership's, company's, or corporation's directly related business operations.
SB55-ASA1,734,2416 (j) If a person who is entitled under s. 560.795 (3) (a) 4. to claim tax benefits
17becomes ineligible for such tax benefits, or if a person's certification under s. 560.795
18(5) is revoked, that person may claim no credits under this subsection for the taxable
19year that includes the day on which the person becomes ineligible for tax benefits,
20the taxable year that includes the day on which the certification is revoked, or
21succeeding taxable years, and that person may carry over no unused credits from
22previous years to offset tax under this chapter for the taxable year that includes the
23day on which the person becomes ineligible for tax benefits, the taxable year that
24includes the day on which the certification is revoked, or succeeding taxable years.
SB55-ASA1,735,6
1(k) If a person who is entitled under s. 560.795 (3) (a) 4. to claim tax benefits
2or certified under s. 560.795 (5) ceases business operations in the development zone
3during any of the taxable years that that zone exists, that person may not carry over
4to any taxable year following the year during which operations cease any unused
5credits from the taxable year during which operations cease or from previous taxable
6years.
SB55-ASA1,735,87 (L) Section 71.28 (4) (g) and (h) as it applies to the credit under s. 71.28 (4)
8applies to the credit under this subsection.
SB55-ASA1, s. 1160 9Section 1160. 71.07 (2dx) (a) 5. of the statutes is amended to read:
SB55-ASA1,735,2210 71.07 (2dx) (a) 5. "Member of a targeted group" means a person under sub. (2dj)
11(am) 1.,
a person who resides in an empowerment zone, or an enterprise community,
12that the U.S. government designates, a person who is employed in an unsubsidized
13job but meets the eligibility requirements under s. 49.145 (2) and (3) for a Wisconsin
14works employment position, a person who is employed in a trial job, as defined in s.
1549.141 (1) (n), or a person who is eligible for child care assistance under s. 49.155, a
16person who is a vocational rehabilitation referral, an economically disadvantaged
17youth, an economically disadvantaged veteran, a supplemental security income
18recipient, a general assistance recipient, an economically disadvantaged ex-convict,
19a qualified summer youth employee, as defined in 26 USC 51 (d) (7), a dislocated
20worker, as defined in 29 USC 2801 (9), or a food stamp recipient
; if the person has
21been certified in the manner under sub. (2dj) (am) 3. by a designated local agency,
22as defined in sub. (2dj) (am) 2.
SB55-ASA1, s. 1161 23Section 1161. 71.07 (3g) of the statutes is created to read:
SB55-ASA1,736,224 71.07 (3g) Technology zones credit. (a) Subject to the limitations under this
25subsection and ss. 73.03 (35m) and 560.96, a business that is certified under s. 560.96

1(3) may claim as a credit against the taxes imposed under s. 71.02 an amount equal
2to the sum of the following, as established under s. 560.96 (3) (c):
SB55-ASA1,736,43 1. The amount of real and personal property taxes imposed under s. 70.01 that
4the business paid in the taxable year.
SB55-ASA1,736,65 2. The amount of income and franchise taxes imposed under s. 71.02 that the
6business paid in the taxable year.
SB55-ASA1,736,87 3. The amount of sales and use taxes imposed under ss. 77.52, 77.53, and 77.71
8that the business paid in the taxable year.
SB55-ASA1,736,109 (b) The department of revenue shall notify the department of commerce of all
10claims under this subsection.
SB55-ASA1,736,1211 (c) Section 71.28 (4) (e), (f), (g), and (h), as it applies to the credit under s. 71.28
12(4), applies to the credit under par. (a).
SB55-ASA1,736,2013 (d) Partnerships, limited liability companies, and tax-option corporations may
14not claim the credit under this subsection, but the eligibility for, and the amount of,
15the credit are based on their payment of amounts under par. (a). A partnership,
16limited liability company, or tax-option corporation shall compute the amount of
17credit that each of its partners, members, or shareholders may claim and shall
18provide that information to each of them. Partners, members of limited liability
19companies, and shareholders of tax-option corporations may claim the credit in
20proportion to their ownership interest.
SB55-ASA1, s. 1162 21Section 1162. 71.07 (7) (b) of the statutes is amended to read:
SB55-ASA1,737,1122 71.07 (7) (b) If a resident individual, estate or trust pays a net income tax to
23another state, that resident individual, estate or trust may credit the net tax paid to
24that other state on that income against the net income tax otherwise payable to the
25state on income of the same year. The credit may not be allowed unless the income

1taxed by the other state is also considered income for Wisconsin tax purposes. The
2credit may not be allowed unless claimed within the time provided in s. 71.75 (2), but
3s. 71.75 (4) does not apply to those credits. For purposes of this paragraph, amounts
4declared and paid pursuant to under the income tax law of another state shall be
5deemed
are considered a net income tax paid to that other state only in the year in
6which the income tax return for that state was required to be filed. Income and
7franchise taxes paid to another state by a tax-option corporation, partnership, or
8limited liability company that is treated as a partnership may be claimed as a credit
9under this paragraph by that corporation's shareholders, that partnership's
10partners,
or that limited liability company's members who are residents of this state
11and who otherwise qualify under this paragraph.
SB55-ASA1, s. 1163 12Section 1163. 71.07 (7m) of the statutes is created to read:
SB55-ASA1,737,1313 71.07 (7m) Tax relief fund tax credit. (a) Definitions. In this subsection:
SB55-ASA1,737,1414 1. "Claimant" means an individual taxpayer who is not a dependent.
SB55-ASA1,737,1715 2. "Credit unit" means an amount calculated by the department by dividing the
16amount certified under par. (c) 3. by the sum of all claimants, all spouses of claimants,
17and all dependents.
SB55-ASA1,737,1818 3. "Department" means the department of revenue.
SB55-ASA1,737,2019 4. "Dependent" means an individual who is claimed by the claimant as a
20dependent under section 151 (c) of the Internal Revenue Code.
SB55-ASA1,738,221 (b) Filing claims. Subject to the limitations and conditions provided in this
22subsection, a claimant, or a claimant and his or her spouse, may claim as a credit
23against the tax imposed under s. 71.02, up to the amount of those taxes, an amount
24determined by the department under par. (c). One credit amount may be claimed by

1each claimant, by the claimant's spouse, and for each dependent of a claimant. No
2credit may be claimed by a dependent.
SB55-ASA1,738,53 (c) Determination of credit amount. 1. Not later than September 1 each year,
4the secretary of administration shall certify to the secretary of the department the
5amount that is in the tax relief fund under s. 25.63.
SB55-ASA1,738,76 2. If the amount of the certification is $100,000,000 or less, the amount that
7may be claimed in that taxable year is zero.
SB55-ASA1,738,138 3. If the amount of the certification exceeds $100,000,000, the department shall
9determine the credit amount for that taxable year. The credit amount shall be based
10on the credit unit, but shall be modified such that the certified amount in the tax
11relief fund is expended as fully as possible and that the credit amount for each
12claimant, spouse of a claimant, and dependent of a claimant is rounded down to the
13nearest whole dollar amount.
SB55-ASA1,738,1814 (d) Certification of amounts claimed. Not later than August 15 of the year
15following the year in which the department determines a credit amount under par.
16(c) 3., the department shall determine the amount of revenue lost because of credits
17claimed in the taxable year to which that credit amount relates. The amount of
18revenue lost shall be certified to the secretary of administration.
SB55-ASA1,738,2019 (e) Limitations and conditions. 1. No credit may be allowed under this
20subsection unless it is claimed within the time period under s. 71.75 (2).
SB55-ASA1,738,2221 2. Part-year residents and nonresidents of this state are not eligible for the
22credit under this subsection.
SB55-ASA1,738,2423 (f) Administration. Subsection (9e) (d), to the extent that it applies to the credit
24under that subsection, applies to the credit under this subsection.
SB55-ASA1, s. 1164 25Section 1164. 71.10 (4) (dt) of the statutes is created to read:
SB55-ASA1,739,1
171.10 (4) (dt) Tax relief fund credit under s. 71.07 (7m).
SB55-ASA1, s. 1165 2Section 1165. 71.10 (4) (grb) of the statutes is created to read:
SB55-ASA1,739,43 71.10 (4) (grb) Development zone capital investment credit under s. 71.07
4(2dm).
SB55-ASA1, s. 1166 5Section 1166. 71.10 (4) (grd) of the statutes is created to read:
SB55-ASA1,739,66 71.10 (4) (grd) Technology zones credit under s. 71.07 (3g).
SB55-ASA1, s. 2153g 7Section 2153g. 71.10 (5f) of the statutes is created to read:
SB55-ASA1,739,98 71.10 (5f) Local professional baseball park district donation. (a)
9Definitions. In this subsection:
SB55-ASA1,739,1310 1. "Baseball donation" means a designation made under this subsection, the
11net proceeds of which shall be deposited into the fund under s. 229.685 to be used for
12the repayment of bonds issued for purposes related to baseball park facilities under
13s. 229.65 (1).
SB55-ASA1,739,1414 2. "Department" means the department of revenue.
SB55-ASA1,739,1815 (b) Voluntary payments. 1. `Designation on return.' Every individual filing an
16income tax return who has a tax liability or is entitled to a tax refund may designate
17on the return any amount of additional payment or any amount of a refund due that
18individual as a baseball donation.
SB55-ASA1,739,2119 2. `Designation added to tax owed.' If the individual owes any tax, the
20individual shall remit in full the tax due and the amount designated on the return
21as a baseball donation when the individual files a tax return.
SB55-ASA1,739,2522 3. `Designation deducted from refund.' Except as provided under par. (d), if the
23individual is owed a refund for that year after crediting under ss. 71.75 (9) and 71.80
24(3), the department shall deduct the amount designated on the return as a baseball
25donation from the amount of the refund.
SB55-ASA1,740,3
1(c) Errors; failure to remit correct amount. If an individual who owes taxes fails
2to remit an amount equal to or in excess of the total of the actual tax due, after error
3corrections, and the amount designated on the return as a baseball donation:
SB55-ASA1,740,84 1. The department shall reduce the designation for the baseball donation to
5reflect the amount remitted in excess of the actual tax due, after error corrections,
6if the individual remitted an amount in excess of the actual tax due, after error
7corrections, but less than the total of the actual tax due, after error corrections, and
8the amount originally designated on the return as a baseball donation.
SB55-ASA1,740,109 2. The designation for the baseball donation is void if the individual remitted
10an amount equal to or less than the actual tax due, after error corrections.
SB55-ASA1,740,1611 (d) Errors; insufficient refund. If an individual who is owed a refund that does
12not equal or exceed the amount designated on the return as a baseball donation, after
13crediting under ss. 71.75 (9) and 71.80 (3) and after error corrections, the department
14shall reduce the designation for the baseball donation to reflect the actual amount
15of the refund the individual is otherwise owed, after crediting under ss. 71.75 (9) and
1671.80 (3) and after error corrections.
SB55-ASA1,740,1817 (e) Conditions. If an individual places any conditions on a designation for the
18baseball donation, the designation is void.
SB55-ASA1,740,2119 (f) Void designation. If a designation for the baseball donation is void, the
20department shall disregard the designation and determine amounts due, owed,
21refunded, and received without regard to the void designation.
SB55-ASA1,741,222 (g) Tax return. The secretary of revenue shall provide a place for the
23designations under this subsection on the individual income tax return, and the
24secretary shall highlight that place on the return by a symbol chosen by the

1department that relates to a baseball park that is part of baseball park facilities, as
2defined in s. 229.65 (1).
SB55-ASA1,741,53 (h) Certification of amounts. Annually, on or before September 15, the
4secretary of revenue shall certify to the district board under subch. III of ch. 229, the
5department of administration, and the state treasurer:
SB55-ASA1,741,86 1. The total amount of the administrative costs, including data processing
7costs, incurred by the department in administering this subsection during the
8previous fiscal year.
SB55-ASA1,741,109 2. The total amount received from all designations for baseball donations made
10by taxpayers during the previous fiscal year.
SB55-ASA1,741,1311 3. The net amount remaining after the administrative costs, including data
12processing costs, under subd. 1. are subtracted from the total received under subd.
132.
SB55-ASA1,741,2014 4. From the moneys received from designations for baseball donations, an
15amount equal to the sum of administrative expenses, including data processing
16costs, certified under subd. 1. shall be deposited into the general fund and credited
17to the appropriation under s. 20.566 (1) (hp), and the net amount remaining that is
18certified under subd. 3. shall be deposited into the fund created under s. 229.685 and
19credited to retire bonds issued for the initial construction of baseball park facilities
20under s. 229.65 (1).
SB55-ASA1,742,221 (i) Amounts subject to refund. Amounts designated for baseball donations
22under this subsection are not subject to refund to the taxpayer unless the taxpayer
23submits information to the satisfaction of the department within 18 months after the
24date on which taxes are due or the date on which the return is filed, whichever is
25later, that the amount designated is clearly in error. Any refund granted by the

1department under this paragraph shall be deducted from the moneys received under
2this subsection in the fiscal year that the refund is certified.
SB55-ASA1, s. 1167 3Section 1167. 71.14 (3) (intro.) of the statutes is amended to read:
SB55-ASA1,742,104 71.14 (3) (intro.) Except as provided in sub. (2) and s. 71.04 (1) (b) 2., trusts
5created by contract, declaration of trust or implication of law that are made
6irrevocable and were administered in this state before October 29, 1999, shall be
7considered resident at the place where the trust is being administered. The following
8trusts shall be considered to be administered in the state of domicile of the corporate
9trustee of the trust at any time that the grantor of the trust is not a resident of this
10state:
SB55-ASA1, s. 1168 11Section 1168. 71.14 (3m) (a) (intro.) of the statutes is amended to read:
SB55-ASA1,742,1612 71.14 (3m) (a) (intro.) Subject to par. (b) and except as provided in sub. (2) and
13s. 71.04 (1) (b) 2., only the following trusts, or portions of trusts, that become
14irrevocable on or after October 29, 1999, or that became irrevocable before October
1529, 1999, and are first administered in this state on or after October 29, 1999,
are
16resident of this state:
SB55-ASA1, s. 1169 17Section 1169. 71.14 (3m) (b) 2. of the statutes is amended to read:
SB55-ASA1,742,1918 71.14 (3m) (b) 2. Is irrevocable if the power to revest title, as described in par.
19(a)
subd. 1., does not exist.
SB55-ASA1, s. 1170 20Section 1170. 71.21 (4) of the statutes is amended to read:
SB55-ASA1,742,2321 71.21 (4) Credits computed by a partnership under s. 71.07 (2dd), (2de), (2di),
22(2dj), (2dL), (2dm), (2ds), (2dx) and , (3g), and (3s) and passed through to partners
23shall be added to the partnership's income.
SB55-ASA1, s. 1171 24Section 1171. 71.22 (1r) of the statutes is amended to read:
SB55-ASA1,743,7
171.22 (1r) "Doing business in this state" includes issuing credit, debit, or travel
2and entertainment cards to customers in this state; owning, directly or indirectly, a
3general or limited partnership interest in a partnership that does business in this
4state, regardless of the percentage of ownership; and owning, directly or indirectly,
5an interest in a limited liability company that does business in this state, regardless
6of the percentage of ownership, if the limited liability company is treated as a
7partnership for federal income tax purposes
.
SB55-ASA1, s. 2158d 8Section 2158d. 71.22 (4) (g) of the statutes is repealed.
SB55-ASA1, s. 2158db 9Section 2158db. 71.22 (4) (h) of the statutes is amended to read:
SB55-ASA1,744,1210 71.22 (4) (h) Except as provided in sub. (4m) and ss. 71.26 (2) (b) and (3), 71.34
11(1g) and 71.42 (2), "Internal Revenue Code", for taxable years that begin after
12December 31, 1992, and before January 1, 1994, means the federal Internal
13Revenue Code as amended to December 31, 1992, excluding sections 103, 104, and
14110 of P.L. 102-227, and as amended by P.L. 103-66, excluding sections 13101 (a) and
15(c) 1, 13113, 13150, 13171, 13174, and 13203 of P.L. 103-66, P.L. 103-465, P.L.
16104-188, excluding section 1311 of P.L. 104-188, P.L. 105-34, P.L. 105-206 and, P.L.
17105-277, and P.L. 106-554, excluding sections 162 and 165 of P.L. 106-554, and as
18indirectly affected in the provisions applicable to this subchapter by P.L. 99-514, P.L.
19100-203, P.L. 100-647 excluding sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2), 821
20(b) (2), and 823 (c) (2) of P.L. 99-514 and section 1008 (g) (5) of P.L. 100-647, P.L.
21101-73, P.L. 101-140, P.L. 101-179, P.L. 101-239, P.L. 101-508, P.L. 102-227,
22excluding sections 103, 104, and 110 of P.L. 102-227, P.L. 102-318, P.L. 102-486, P.L.
23103-66, excluding sections 13101 (a) and (c) 1, 13113, 13150, 13171, 13174, and
2413203 of P.L. 103-66, P.L. 103-465, P.L. 104-188, excluding section 1311 of P.L.
25104-188, P.L. 105-34, P.L. 105-206 and, P.L. 105-277, and P.L. 106-554, excluding

1sections 162 and 165 of P.L. 106-554
. The Internal Revenue Code applies for
2Wisconsin purposes at the same time as for federal purposes. Amendments to the
3federal Internal Revenue Code enacted after December 31, 1992, do not apply to this
4paragraph with respect to taxable years beginning after December 31, 1992, and
5before January 1, 1994, except that changes to the Internal Revenue Code made by
6P.L. 103-66, P.L. 103-465, P.L. 104-188, excluding section 1311 of P.L. 104-188, P.L.
7105-34, P.L. 105-206 and, P.L. 105-277, and P.L. 106-554, excluding sections 162
8and 165 of P.L. 106-554,
and changes that indirectly affect the provisions applicable
9to this subchapter made by P.L. 103-66, P.L. 103-465. P.L. 104-188, excluding
10section 1311 of P.L. 104-188, P.L. 105-34, P.L. 105-206 and , P.L. 105-277, and P.L.
11106-554, excluding sections 162 and 165 of P.L. 106-554,
apply for Wisconsin
12purposes at the same time as for federal purposes.
SB55-ASA1, s. 2158dd 13Section 2158dd. 71.22 (4) (i) of the statutes is amended to read:
SB55-ASA1,745,2114 71.22 (4) (i) Except as provided in sub. (4m) and ss. 71.26 (2) (b) and (3), 71.34
15(1g) and 71.42 (2), "Internal Revenue Code", for taxable years that begin after
16December 31, 1993, and before January 1, 1995, means the federal Internal
17Revenue Code as amended to December 31, 1993, excluding sections 103, 104, and
18110 of P.L. 102-227 and sections 13113, 13150 (d), 13171 (d), 13174, 13203 (d), and
1913215 of P.L. 103-66, and as amended by P.L. 103-296, P.L. 103-337, P.L. 103-465,
20P.L. 104-7, excluding section 1 of P.L. 104-7, P.L. 104-188, excluding section 1311
21of P.L. 104-188, P.L. 104-191, P.L. 104-193, P.L. 105-34, P.L. 105-206 and, P.L.
22105-277, and P.L. 106-554, excluding sections 162 and 165 of P.L. 106-554, and as
23indirectly affected in the provisions applicable to this subchapter by P.L. 99-514, P.L.
24100-203, P.L. 100-647 excluding sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2), 821
25(b) (2), and 823 (c) (2) of P.L. 99-514 and section 1008 (g) (5) of P.L. 100-647, P.L.

1101-73, P.L. 101-140, P.L. 101-179, P.L. 101-239, P.L. 101-508, P.L. 102-227,
2excluding sections 103, 104, and 110 of P.L. 102-227, P.L. 102-318, P.L. 102-486, P.L.
3103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174, 13203 (d), and 13215
4of P.L. 103-66, P.L. 103-296, P.L. 103-337, P.L. 103-465, P.L. 104-7, excluding
5section 1 of P.L. 104-7, P.L. 104-188, excluding section 1311 of P.L. 104-188, P.L.
6104-191, P.L. 104-193, P.L. 105-34, P.L. 105-206 and, P.L. 105-277, and P.L.
7106-554, excluding sections 162 and 165 of P.L. 106-554
. The Internal Revenue
8Code applies for Wisconsin purposes at the same time as for federal purposes.
9Amendments to the federal Internal Revenue Code enacted after
10December 31, 1993, do not apply to this paragraph with respect to taxable years
11beginning after December 31, 1993, and before January 1, 1995, except that
12changes to the Internal Revenue Code made by P.L. 103-296, P.L. 103-337, P.L.
13103-465, P.L. 104-7, excluding section 1 of P.L. 104-7, P.L. 104-188, excluding
14section 1311 of P.L. 104-188, P.L. 104-191, P.L. 104-193, P.L. 105-34, P.L. 105-206
15and, P.L. 105-277, and P.L. 106-554, excluding sections 162 and 165 of P.L. 106-554,
16and changes that indirectly affect the provisions applicable to this subchapter made
17by P.L. 103-296, P.L. 103-337, P.L. 103-465, P.L. 104-7, excluding section 1 of P.L.
18104-7, P.L. 104-188, excluding section 1311 of P.L. 104-188, P.L. 104-191, P.L.
19104-193, P.L. 105-34, P.L. 105-206 and, P.L. 105-277, and P.L. 106-554, excluding
20sections 162 and 165 of P.L. 106-554,
apply for Wisconsin purposes at the same time
21as for federal purposes.
SB55-ASA1, s. 2158df 22Section 2158df. 71.22 (4) (j) of the statutes is amended to read:
SB55-ASA1,747,223 71.22 (4) (j) Except as provided in sub. (4m) and ss. 71.26 (2) (b) and (3), 71.34
24(1g) and 71.42 (2), "Internal Revenue Code", for taxable years that begin after
25December 31, 1994, and before January 1, 1996, means the federal Internal

1Revenue Code as amended to December 31, 1994, excluding sections 103, 104, and
2110 of P.L. 102-227 and sections 13113, 13150 (d), 13171 (d), 13174 , and 13203 (d)
3of P.L. 103-66, and as amended by P.L. 104-7, P.L. 104-188, excluding sections 1202,
41204, 1311, and 1605 of P.L. 104-188, P.L. 104-191, P.L. 104-193, P.L. 105-34, P.L.
5105-206 and, P.L. 105-277, and P.L. 106-554, excluding sections 162 and 165 of P.L.
6106-554
, and as indirectly affected in the provisions applicable to this subchapter
7by P.L. 99-514, P.L. 100-203, P.L. 100-647 excluding sections 803 (d) (2) (B), 805 (d)
8(2), 812 (c) (2), 821 (b) (2), and 823 (c) (2) of P.L. 99-514 and section 1008 (g) (5) of P.L.
9100-647, P.L. 101-73, P.L. 101-140, P.L. 101-179, P.L. 101-239, P.L. 101-508, P.L.
10102-227, excluding sections 103, 104, and 110 of P.L. 102-227, P.L. 102-318, P.L.
11102-486, P.L. 103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174, and
1213203 (d) of P.L. 103-66, P.L. 103-296, P.L. 103-337, P.L. 103-465, P.L. 104-7, P.L.
13104-188, excluding sections 1202, 1204, 1311, and 1605 of P.L. 104-188, P.L.
14104-191, P.L. 104-193, P.L. 105-34, P.L. 105-206 and, P.L. 105-277, and P.L.
15106-554, excluding sections 162 and 165 of P.L. 106-554
. The Internal Revenue
16Code applies for Wisconsin purposes at the same time as for federal purposes.
17Amendments to the federal Internal Revenue Code enacted after
18December 31, 1994, do not apply to this paragraph with respect to taxable years
19beginning after December 31, 1994, and before January 1, 1996, except that
20changes to the Internal Revenue Code made by P.L. 104-7, P.L. 104-188, excluding
21sections 1202, 1204, 1311, and 1605 of P.L. 104-188, P.L. 104-191, P.L. 104-193, P.L.
22105-34, P.L. 105-206 and, P.L. 105-277, and P.L. 106-554, excluding sections 162
23and 165 of P.L. 106-554,
and changes that indirectly affect the provisions applicable
24to this subchapter made by P.L. 104-7, P.L. 104-188, excluding sections 1202, 1204,
251311, and 1605 of P.L. 104-188, P.L. 104-191, P.L. 104-193, P.L. 105-34, P.L.

1105-206 and, P.L. 105-277, and P.L. 106-554, excluding sections 162 and 165 of P.L.
2106-554,
apply for Wisconsin purposes at the same time as for federal purposes.
SB55-ASA1, s. 2158dh 3Section 2158dh. 71.22 (4) (k) of the statutes is amended to read:
SB55-ASA1,748,94 71.22 (4) (k) Except as provided in sub. (4m) and ss. 71.26 (2) (b) and (3), 71.34
5(1g) and 71.42 (2), "Internal Revenue Code", for taxable years that begin after
6December 31, 1995, and before January 1, 1997, means the federal Internal
7Revenue Code as amended to December 31, 1995, excluding sections 103, 104, and
8110 of P.L. 102-227 and sections 13113, 13150 (d), 13171 (d), 13174 , and 13203 (d)
9of P.L. 103-66, and as amended by P.L. 104-188, excluding sections 1123, 1202, 1204,
101311, and 1605 of P.L. 104-188, P.L. 104-191, P.L. 104-193, P.L. 105-33, P.L. 105-34,
11P.L. 105-206 and, P.L. 105-277, and P.L. 106-554, excluding sections 162 and 165
12of P.L. 106-554
, and as indirectly affected in the provisions applicable to this
13subchapter by P.L. 99-514, P.L. 100-203, P.L. 100-647 excluding sections 803 (d) (2)
14(B), 805 (d) (2), 812 (c) (2), 821 (b) (2), and 823 (c) (2) of P.L. 99-514 and section 1008
15(g) (5) of P.L. 100-647, P.L. 101-73, P.L. 101-140, P.L. 101-179, P.L. 101-239, P.L.
16101-508, P.L. 102-227, excluding sections 103, 104, and 110 of P.L. 102-227, P.L.
17102-318, P.L. 102-486, P.L. 103-66, excluding sections 13113, 13150 (d), 13171 (d),
1813174, and 13203 (d) of P.L. 103-66, P.L. 103-296, P.L. 103-337, P.L. 103-465, P.L.
19104-7, P.L. 104-188, excluding sections 1123, 1202, 1204, 1311, and 1605 of P.L.
20104-188, P.L. 104-191, P.L. 104-193, P.L. 105-33, P.L. 105-34, P.L. 105-206 and,
21P.L. 105-277, and P.L. 106-554, excluding sections 162 and 165 of P.L. 106-554. The
22Internal Revenue Code applies for Wisconsin purposes at the same time as for federal
23purposes. Amendments to the federal Internal Revenue Code enacted after
24December 31, 1995, do not apply to this paragraph with respect to taxable years
25beginning after December 31, 1995, and before January 1, 1997, except that

1changes to the Internal Revenue Code made by P.L. 104-188, excluding sections
21123, 1202, 1204, 1311, and 1605 of P.L. 104-188, P.L. 104-191, P.L. 104-193, P.L.
3105-33, P.L. 105-34, P.L. 105-206 and, P.L. 105-277, and P.L. 106-554, excluding
4sections 162 and 165 of P.L. 106-554,
and changes that indirectly affect the
5provisions applicable to this subchapter made by P.L. 104-188, excluding sections
61123, 1202, 1204, 1311, and 1605 of P.L. 104-188, P.L. 104-191, P.L. 104-193, P.L.
7105-33, P.L. 105-34, P.L. 105-206 and, P.L. 105-277, and P.L. 106-554, excluding
8sections 162 and 165 of P.L. 106-554,
apply for Wisconsin purposes at the same time
9as for federal purposes.
SB55-ASA1, s. 2158dj 10Section 2158dj. 71.22 (4) (L) of the statutes is amended to read:
SB55-ASA1,749,1311 71.22 (4) (L) Except as provided in sub. (4m) and ss. 71.26 (2) (b) and (3), 71.34
12(1g) and 71.42 (2), "Internal Revenue Code", for taxable years that begin after
13December 31, 1996, and before January 1, 1998, means the federal Internal
14Revenue Code as amended to December 31, 1996, excluding sections 103, 104, and
15110 of P.L. 102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
16103-66 and sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L. 104-188,
17and as amended by P.L. 105-33, P.L. 105-34, P.L. 105-206, P.L. 105-277 and, P.L.
18106-36, and P.L. 106-554, excluding sections 162 and 165 of P.L. 106-554, and as
19indirectly affected in the provisions applicable to this subchapter by P.L. 99-514, P.L.
20100-203, P.L. 100-647 excluding sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2), 821
21(b) (2), and 823 (c) (2) of P.L. 99-514 and section 1008 (g) (5) of P.L. 100-647, P.L.
22101-73, P.L. 101-140, P.L. 101-179, P.L. 101-239, P.L. 101-508, P.L. 102-227,
23excluding sections 103, 104, and 110 of P.L. 102-227, P.L. 102-318, P.L. 102-486, P.L.
24103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
25103-66, P.L. 103-296, P.L. 103-337, P.L. 103-465, P.L. 104-7, P.L. 104-188,

1excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L. 104-188, P.L.
2104-191, P.L. 104-193, P.L. 105-33, P.L. 105-34, P.L. 105-206, P.L. 105-277 and,
3P.L. 106-36, and P.L. 106-554, excluding sections 162 and 165 of P.L. 106-554. The
4Internal Revenue Code applies for Wisconsin purposes at the same time as for federal
5purposes. Amendments to the federal Internal Revenue Code enacted after
6December 31, 1996, do not apply to this paragraph with respect to taxable years
7beginning after December 31, 1996, and before January 1, 1998, except that
8changes to the Internal Revenue Code made by P.L. 105-33, P.L. 105-34, P.L.
9105-206, P.L. 105-277 and, P.L. 106-36, and P.L. 106-554, excluding sections 162
10and 165 of P.L. 106-554,
and changes that indirectly affect the provisions applicable
11to this subchapter made by P.L. 105-33, P.L. 105-34, P.L. 105-206, P.L. 105-277 and,
12P.L. 106-36, and P.L. 106-554, excluding sections 162 and 165 of P.L. 106-554, apply
13for Wisconsin purposes at the same time as for federal purposes.
SB55-ASA1, s. 2158dL 14Section 2158dL. 71.22 (4) (m) of the statutes is amended to read:
SB55-ASA1,750,1815 71.22 (4) (m) Except as provided in sub. (4m) and ss. 71.26 (2) (b) and (3), 71.34
16(1g) and 71.42 (2), "Internal Revenue Code", for taxable years that begin after
17December 31, 1997, and before January 1, 1999, means the federal Internal
18Revenue Code as amended to December 31, 1997, excluding sections 103, 104, and
19110 of P.L. 102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
20103-66 and sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L. 104-188,
21and as amended by P.L. 105-178, P.L. 105-206, P.L. 105-277, P.L. 106-36 and, P.L.
22106-170, P.L. 106-554, excluding sections 162 and 165 of P.L. 106-554, and P.L.
23106-573
, and as indirectly affected in the provisions applicable to this subchapter
24by P.L. 99-514, P.L. 100-203, P.L. 100-647 excluding sections 803 (d) (2) (B), 805 (d)
25(2), 812 (c) (2), 821 (b) (2), and 823 (c) (2) of P.L. 99-514 and section 1008 (g) (5) of P.L.

1100-647, P.L. 101-73, P.L. 101-140, P.L. 101-179, P.L. 101-239, P.L. 101-508, P.L.
2102-227, excluding sections 103, 104, and 110 of P.L. 102-227, P.L. 102-318, P.L.
3102-486, P.L. 103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174, and
413203 (d) of P.L. 103-66, P.L. 103-296, P.L. 103-337, P.L. 103-465, P.L. 104-7, P.L.
5104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
6104-188, P.L. 104-191, P.L. 104-193, P.L. 105-33, P.L. 105-34, P.L. 105-178, P.L.
7105-206, P.L. 105-277, P.L. 106-36 and, P.L. 106-170, P.L. 106-554, excluding
8sections 162 and 165 of P.L. 106-554, and P.L. 106-573
. The Internal Revenue Code
9applies for Wisconsin purposes at the same time as for federal purposes.
10Amendments to the federal Internal Revenue Code enacted after December 31, 1997,
11do not apply to this paragraph with respect to taxable years beginning after
12December 31, 1997, and before January 1, 1999, except that changes to the Internal
13Revenue Code made by P.L. 105-178, P.L. 105-206, P.L. 105-277, P.L. 106-36 and,
14P.L. 106-170, P.L. 106-554, excluding sections 162 and 165 of P.L. 106-554, and P.L.
15106-573
and changes that indirectly affect the provisions applicable to this
16subchapter made by P.L. 105-178, P.L. 105-206, P.L. 105-277, P.L. 106-36 and, P.L.
17106-170, P.L. 106-554, excluding sections 162 and 165 of P.L. 106-554, and P.L.
18106-573
apply for Wisconsin purposes at the same time as for federal purposes.
SB55-ASA1, s. 2158dn 19Section 2158dn. 71.22 (4) (n) of the statutes is amended to read:
SB55-ASA1,751,2220 71.22 (4) (n) Except as provided in sub. (4m) and ss. 71.26 (2) (b) and (3), 71.34
21(1g) and 71.42 (2), "Internal Revenue Code", for taxable years that begin after
22December 31, 1998, and before January 1, 2000, means the federal Internal
23Revenue Code as amended to December 31, 1998, excluding sections 103, 104, and
24110 of P.L. 102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
25103-66 and sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L. 104-188,

1and as amended by P.L. 106-36 and, P.L. 106-170, P.L. 106-230, P.L. 106-554,
2excluding sections 162 and 165 of P.L. 106-554, and P.L. 106-573
, and as indirectly
3affected in the provisions applicable to this subchapter by P.L. 99-514, P.L. 100-203,
4P.L. 100-647 excluding sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2), 821 (b) (2), and
5823 (c) (2) of P.L. 99-514 and section 1008 (g) (5) of P.L. 100-647, P.L. 101-73, P.L.
6101-140, P.L. 101-179, P.L. 101-239, P.L. 101-508, P.L. 102-227, excluding sections
7103, 104, and 110 of P.L. 102-227, P.L. 102-318, P.L. 102-486, P.L. 103-66, excluding
8sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L. 103-66, P.L.
9103-296, P.L. 103-337, P.L. 103-465, P.L. 104-7, P.L. 104-188, excluding sections
101123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L. 104-188, P.L. 104-191, P.L.
11104-193, P.L. 105-33, P.L. 105-34, P.L. 105-178, P.L. 105-206, P.L. 105-277, P.L.
12106-36 and, P.L. 106-170, P.L. 106-230, P.L. 106-554, excluding sections 162 and
13165 of P.L. 106-554, and P.L. 106-573
. The Internal Revenue Code applies for
14Wisconsin purposes at the same time as for federal purposes. Amendments to the
15federal Internal Revenue Code enacted after December 31, 1998, do not apply to this
16paragraph with respect to taxable years beginning after December 31, 1998, and
17before January 1, 2000, except that changes to the Internal Revenue Code made by
18P.L. 106-36 and, P.L. 106-170, P.L. 106-230, P.L. 106-554, excluding sections 162
19and 165 of P.L. 106-554, and P.L. 106-573
and changes that indirectly affect the
20provisions applicable to this subchapter made by P.L. 106-36 and, P.L. 106-170, P.L.
21106-230, P.L. 106-554, excluding sections 162 and 165 of P.L. 106-554, and P.L.
22106-573
apply for Wisconsin purposes at the same time as for federal purposes.
SB55-ASA1, s. 2158dp 23Section 2158dp. 71.22 (4) (o) of the statutes is amended to read:
SB55-ASA1,753,224 71.22 (4) (o) Except as provided in sub. (4m) and ss. 71.26 (2) (b) and (3), 71.34
25(1g) and 71.42 (2), "Internal Revenue Code", for taxable years that begin after

1December 31, 1999, and before January 1, 2001, means the federal Internal Revenue
2Code as amended to December 31, 1999, excluding sections 103, 104 , and 110 of P.L.
3102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L. 103-66
4and sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L. 104-188, and as
5amended by P.L. 106-200, P.L. 106-230, P.L. 106-554, excluding sections 162 and
6165 of P.L. 106-554, and P.L. 106-573
, and as indirectly affected in the provisions
7applicable to this subchapter by P.L. 99-514, P.L. 100-203, P.L. 100-647 excluding
8sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2), 821 (b) (2), and 823 (c) (2) of P.L. 99-514
9and section 1008 (g) (5) of P.L. 100-647, P.L. 101-73, P.L. 101-140, P.L. 101-179, P.L.
10101-239, P.L. 101-508, P.L. 102-227, excluding sections 103, 104, and 110 of P.L.
11102-227, P.L. 102-318, P.L. 102-486, P.L. 103-66, excluding sections 13113, 13150
12(d), 13171 (d), 13174, and 13203 (d) of P.L. 103-66, P.L. 103-296, P.L. 103-337, P.L.
13103-465, P.L. 104-7, P.L. 104-188, excluding sections 1123 (b), 1202 (c), 1204 (f),
141311, and 1605 (d) of P.L. 104-188, P.L. 104-191, P.L. 104-193, P.L. 105-33, P.L.
15105-34, P.L. 105-178, P.L. 105-206, P.L. 105-277, P.L. 106-36 and, P.L. 106-170,
16P.L. 106-200, P.L. 106-230, P.L. 106-554, excluding sections 162 and 165 of P.L.
17106-554, and P.L. 106-573
. The Internal Revenue Code applies for Wisconsin
18purposes at the same time as for federal purposes. Amendments to the federal
19Internal Revenue Code enacted after December 31, 1999, do not apply to this
20paragraph with respect to taxable years beginning after December 31, 1999, and
21before January 1, 2001, except that changes to the Internal Revenue Code made by
22P.L. 106-200, P.L. 106-230, P.L. 106-554, excluding sections 162 and 165 of P.L.
23106-554, and P.L. 106-573 and changes that indirectly affect the provisions
24applicable to this subchapter made by P.L. 106-200, P.L. 106-230, P.L. 106-554,

1excluding sections 162 and 165 of P.L. 106-554, and P.L. 106-573 apply for Wisconsin
2purposes at the same time as for federal purposes
.
SB55-ASA1, s. 2158dr 3Section 2158dr. 71.22 (4) (p) of the statutes is created to read:
SB55-ASA1,753,234 71.22 (4) (p) Except as provided in sub. (4m) and ss. 71.26 (2) (b) and (3), 71.34
5(1g), and 71.42 (2), "Internal Revenue Code," for taxable years that begin after
6December 31, 2000, means the federal Internal Revenue Code as amended to
7December 31, 2000, excluding sections 103, 104, and 110 of P.L. 102-227, sections
813113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L. 103-66 and sections 1123
9(b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L. 104-188, and as indirectly affected
10in the provisions applicable to this subchapter by P.L. 99-514, P.L. 100-203, P.L.
11100-647 excluding sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2), 821 (b) (2), and 823
12(c) (2) of P.L. 99-514 and section 1008 (g) (5) of P.L. 100-647, P.L. 101-73, P.L.
13101-140, P.L. 101-179, P.L. 101-239, P.L. 101-508, P.L. 102-227, excluding sections
14103, 104, and 110 of P.L. 102-227, P.L. 102-318, P.L. 102-486, P.L. 103-66, excluding
15sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L. 103-66, P.L.
16103-296, P.L. 103-337, P.L. 103-465, P.L. 104-7, P.L. 104-188, excluding sections
171123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L. 104-188, P.L. 104-191, P.L.
18104-193, P.L. 105-33, P.L. 105-34, P.L. 105-178, P.L. 105-206, P.L. 105-277, P.L.
19106-36, P.L. 106-170, P.L. 106-200, P.L. 106-230, P.L. 106-554, excluding sections
20162 and 165 of P.L. 106-554, and P.L. 106-573. The Internal Revenue Code applies
21for Wisconsin purposes at the same time as for federal purposes. Amendments to the
22federal Internal Revenue Code enacted after December 31, 2000, do not apply to this
23paragraph with respect to taxable years beginning after December 31, 2000.
SB55-ASA1, s. 2158dt 24Section 2158dt. 71.22 (4m) (e) of the statutes is repealed.
SB55-ASA1, s. 2158du 25Section 2158du. 71.22 (4m) (f) of the statutes is amended to read:
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