AB40,858,317 71.47 (1dx) (c) Credit precluded. If the certification of a person for tax benefits
18under s. 238.365 (3), 238.397 (4), 238.398 (3), or 238.3995 (4) or s. 560.765 (3), 2009
19stats., s.
560.797 (4), 2009 stats., s. 560.798 (3), 2009 stats., or s. 560.7995 (4), 2009
20stats.,
is revoked, or if the person becomes ineligible for tax benefits under s. 238.395
21(3) or s.
560.795 (3), 2009 stats., that person may not claim credits under this
22subsection for the taxable year that includes the day on which the certification is
23revoked; the taxable year that includes the day on which the person becomes
24ineligible for tax benefits; or succeeding taxable years and that person may not carry
25over unused credits from previous years to offset tax under this chapter for the

1taxable year that includes the day on which certification is revoked; the taxable year
2that includes the day on which the person becomes ineligible for tax benefits; or
3succeeding taxable years.
AB40, s. 2060 4Section 2060. 71.47 (1dx) (d) of the statutes is amended to read:
AB40,858,125 71.47 (1dx) (d) Carry-over precluded. If a person who is entitled under s.
6238.395 (3) or s. 560.795 (3), 2009 stats., to claim tax benefits or certified under s.
7238.365 (3), 238.397 (4), 238.398 (3), or 238.3995 (4) or s. 560.765 (3), 2009 stats., s.
8560.797 (4), 2009 stats., s. 560.798 (3), 2009 stats., or s. 560.7995 (4), 2009 stats., for
9tax benefits ceases business operations in the development zone during any of the
10taxable years that that zone exists, that person may not carry over to any taxable
11year following the year during which operations cease any unused credits from the
12taxable year during which operations cease or from previous taxable years.
AB40, s. 2061 13Section 2061. 71.47 (1dy) (a) of the statutes is amended to read:
AB40,858,1714 71.47 (1dy) (a) Definition. In this subsection, "claimant" means a person who
15files a claim under this subsection and is certified under s. 238.301 (2) or s. 560.701
16(2), 2009 stats., and authorized to claim tax benefits under s. 238.303 or s. 560.703,
172009 stats
.
AB40, s. 2062 18Section 2062. 71.47 (1dy) (b) of the statutes is amended to read:
AB40,858,2319 71.47 (1dy) (b) Filing claims. Subject to the limitations under this subsection
20and ss. 238.301 to 238.306 or s. 560.701 to 560.706, 2009 stats., for taxable years
21beginning after December 31, 2008, a claimant may claim as a credit against the tax
22imposed under s. 71.43, up to the amount of the tax, the amount authorized for the
23claimant under s. 238.303 or s. 560.703, 2009 stats.
AB40, s. 2063 24Section 2063. 71.47 (1dy) (c) 1. of the statutes is amended to read:
AB40,859,4
171.47 (1dy) (c) 1. No credit may be allowed under this subsection unless the
2claimant includes with the claimant's return a copy of the claimant's certification
3under s. 238.301 (2) or s. 560.701 (2), 2009 stats., and a copy of the claimant's notice
4of eligibility to receive tax benefits under s. 238.303 (3) or s. 560.703 (3), 2009 stats.
AB40, s. 2064 5Section 2064. 71.47 (1dy) (c) 2. of the statutes is amended to read:
AB40,859,146 71.47 (1dy) (c) 2. Partnerships, limited liability companies, and tax-option
7corporations may not claim the credit under this subsection, but the eligibility for,
8and the amount of, the credit are based on their authorization to claim tax benefits
9under s. 238.303 or s. 560.703, 2009 stats. A partnership, limited liability company,
10or tax-option corporation shall compute the amount of credit that each of its
11partners, members, or shareholders may claim and shall provide that information
12to each of them. Partners, members of limited liability companies, and shareholders
13of tax-option corporations may claim the credit in proportion to their ownership
14interests.
AB40, s. 2065 15Section 2065. 71.47 (1dy) (d) 2. of the statutes is amended to read:
AB40,859,2516 71.47 (1dy) (d) 2. If a claimant's certification is revoked under s. 238.305 or s.
17560.705, 2009 stats., or if a claimant becomes ineligible for tax benefits under s.
18238.302 or s. 560.702, 2009 stats., the claimant may not claim credits under this
19subsection for the taxable year that includes the day on which the certification is
20revoked; the taxable year that includes the day on which the claimant becomes
21ineligible for tax benefits; or succeeding taxable years and the claimant may not
22carry over unused credits from previous years to offset the tax imposed under s. 71.43
23for the taxable year that includes the day on which certification is revoked; the
24taxable year that includes the day on which the claimant becomes ineligible for tax
25benefits; or succeeding taxable years.
AB40, s. 2066
1Section 2066. 71.47 (3g) (a) (intro.) of the statutes is amended to read:
AB40,860,62 71.47 (3g) (a) (intro.) Subject to the limitations under this subsection and ss.
373.03 (35m), and 238.23 and s. 560.96, 2009 stats., a business that is certified under
4s. 238.23 (3) or s. 560.96 (3), 2009 stats., may claim as a credit against the taxes
5imposed under s. 71.43 an amount equal to the sum of the following, as established
6under s. 238.23 (3) (c) or s. 560.96 (3) (c), 2009 stats:
AB40, s. 2067 7Section 2067. 71.47 (3g) (b) of the statutes is amended to read:
AB40,860,108 71.47 (3g) (b) The department of revenue shall notify the department of
9commerce or the Wisconsin Economic Development Corporation of all claims under
10this subsection.
AB40, s. 2068 11Section 2068. 71.47 (3g) (e) 2. of the statutes is amended to read:
AB40,860,1512 71.47 (3g) (e) 2. The investments that relate to the amount described under par.
13(a) 2. for which a claimant makes a claim under this subsection must be retained for
14use in the technology zone for the period during which the claimant's business is
15certified under s. 238.23 (3) or s. 560.96 (3), 2009 stats.
AB40, s. 2069 16Section 2069. 71.47 (3g) (f) 1. of the statutes is amended to read:
AB40,860,2017 71.47 (3g) (f) 1. A copy of a the verification from the department of commerce
18that the claimant's business is certified under s. 238.23 (3) or s. 560.96 (3), 2009
19stats.,
and that the business and the department of commerce have has entered into
20an agreement under s. 238.23 (3) (d) or s. 560.96 (3) (d), 2009 stats.
AB40, s. 2070 21Section 2070. 71.47 (3g) (f) 2. of the statutes is amended to read:
AB40,860,2522 71.47 (3g) (f) 2. A statement from the department of commerce or the Wisconsin
23Economic Development Corporation
verifying the purchase price of the investment
24described under par. (a) 2. and verifying that the investment fulfills the requirement
25under par. (e) 2.
AB40, s. 2071
1Section 2071. 71.47 (3p) (b) of the statutes is amended to read:
AB40,861,82 71.47 (3p) (b) Filing claims. Subject to the limitations provided in this
3subsection and s. 93.535 or s. 560.207, 2009 stats., except as provided in par. (c) 5.,
4for taxable years beginning after December 31, 2006, and before January 1, 2015, a
5claimant may claim as a credit against the taxes imposed under s. 71.43, up to the
6amount of the tax, an amount equal to 10 percent of the amount the claimant paid
7in the taxable year for dairy manufacturing modernization or expansion related to
8the claimant's dairy manufacturing operation.
AB40, s. 2072 9Section 2072. 71.47 (3p) (c) 2m. a. of the statutes is amended to read:
AB40,861,1210 71.47 (3p) (c) 2m. a. The maximum amount of the credits that may be claimed
11under this subsection and ss. 71.07 (3p) and 71.28 (3p) in fiscal year 2007-08 is
12$600,000, as allocated under s. 560.207, 2009 stats.
AB40, s. 2073 13Section 2073. 71.47 (3p) (c) 2m. b. of the statutes is amended to read:
AB40,861,1714 71.47 (3p) (c) 2m. b. The maximum amount of the credits that may be claimed
15by all claimants, other than members of dairy cooperatives, under this subsection
16and ss. 71.07 (3p) and 71.28 (3p) in fiscal year 2008-09, and in each fiscal year
17thereafter, is $700,000, as allocated under s. 93.535 or s. 560.207, 2009 stats.
AB40, s. 2074 18Section 2074. 71.47 (3p) (c) 2m. bm. of the statutes is amended to read:
AB40,861,2519 71.47 (3p) (c) 2m. bm. The maximum amount of the credits that may be claimed
20by members of dairy cooperatives under this subsection and ss. 71.07 (3p) and 71.28
21(3p) in fiscal year 2009-10 is $600,000, as allocated under s. 560.207, 2009 stats., and
22the maximum amount of the credits that may be claimed by members of dairy
23cooperatives under this subsection and ss. 71.07 (3p) and 71.28 (3p) in fiscal year
242010-11, and in each fiscal year thereafter, is $700,000, as allocated under s. 93.535
25or s.
560.207, 2009 stats.
AB40, s. 2075
1Section 2075. 71.47 (3p) (c) 3. of the statutes is amended to read:
AB40,862,142 71.47 (3p) (c) 3. Partnerships, limited liability companies, tax-option
3corporations, and dairy cooperatives may not claim the credit under this subsection,
4but the eligibility for, and the amount of, the credit are based on their payment of
5expenses under par. (b), except that the aggregate amount of credits that the entity
6a dairy cooperative may compute shall not exceed $200,000 for each of the entity's
7cooperative's dairy manufacturing facilities. A partnership, limited liability
8company, tax-option corporation, or dairy cooperative shall compute the amount of
9credit that each of its partners, members, or shareholders may claim and shall
10provide that information to each of them. Partners, members of limited liability
11companies, and shareholders of tax-option corporations may claim the credit in
12proportion to their ownership interest. Members of a dairy cooperative may claim
13the credit in proportion to the amount of milk that each member delivers to the dairy
14cooperative, as determined by the dairy cooperative.
AB40, s. 2076 15Section 2076. 71.47 (3p) (c) 6. of the statutes is amended to read:
AB40,862,1816 71.47 (3p) (c) 6. No credit may be allowed under this subsection unless the
17claimant submits with the claimant's return a copy of the claimant's credit
18certification and allocation under s. 93.535 or s. 560.207, 2009 stats.
AB40, s. 2077 19Section 2077. 71.47 (3q) (a) 1. of the statutes is amended to read:
AB40,862,2120 71.47 (3q) (a) 1. "Claimant" means a person certified to receive tax benefits
21under s. 238.16 (2) or s. 560.2055 (2), 2009 stats.
AB40, s. 2078 22Section 2078. 71.47 (3q) (a) 2. of the statutes is amended to read:
AB40,863,223 71.47 (3q) (a) 2. "Eligible employee" means, for taxable years beginning before
24January 1, 2011,
an eligible employee under s. 560.2055 (1) (b) , 2009 stats., who
25satisfies the wage requirements under s. 560.2055 (3) (a) or (b), 2009 stats., or, for

1taxable years beginning after December 31, 2010, and eligible employee under s.
2238.16 (1) (b)
.
AB40, s. 2079 3Section 2079. 71.47 (3q) (b) (intro.) of the statutes is amended to read:
AB40,863,74 71.47 (3q) (b) Filing claims. (intro.) Subject to the limitations provided in this
5subsection and s. 238.16 or s. 560.2055, 2009 stats., for taxable years beginning after
6December 31, 2009, a claimant may claim as a credit against the taxes imposed under
7s. 71.43 any of the following:
AB40, s. 2080 8Section 2080. 71.47 (3q) (b) 1. of the statutes is amended to read:
AB40,863,119 71.47 (3q) (b) 1. The amount of wages that the claimant paid to an eligible
10employee in the taxable year, not to exceed 10 percent of such wages, as determined
11by the department of commerce under s. 238.16 or s. 560.2055, 2009 stats.
AB40, s. 2081 12Section 2081. 71.47 (3q) (b) 2. of the statutes is amended to read:
AB40,863,1513 71.47 (3q) (b) 2. The amount of the costs incurred by the claimant in the taxable
14year, as determined under s. 238.16 or s. 560.2055, 2009 stats., to undertake the
15training activities described under s. 238.16 (3) (c) or s. 560.2055 (3) (c), 2009 stats.
AB40, s. 2082 16Section 2082. 71.47 (3q) (c) 2. of the statutes is amended to read:
AB40,863,1917 71.47 (3q) (c) 2. No credit may be allowed under this subsection unless the
18claimant includes with the claimant's return a copy of the claimant's certification for
19tax benefits under s. 238.16 (2) or s. 560.2055 (2) , 2009 stats.
AB40, s. 2083 20Section 2083. 71.47 (3q) (c) 3. of the statutes is amended to read:
AB40,863,2421 71.47 (3q) (c) 3. The maximum amount of credits that may be awarded under
22this subsection and ss. 71.07 (3q) and 71.28 (3q) for the period beginning on January
231, 2010, and ending on June 30, 2013, is $14,500,000, not including the amount of
24any credits reallocated under s. 238.15 (3) (d) or s. 560.205 (3) (d), 2009 stats.
AB40, s. 2084 25Section 2084. 71.47 (3r) (b) of the statutes is amended to read:
AB40,864,7
171.47 (3r) (b) Filing claims. Subject to the limitations provided in this
2subsection and s. 238.19 or s. 560.208, 2009 stats., for taxable years beginning after
3December 31, 2008, and before January 1, 2017, a claimant may claim as a credit
4against the taxes imposed under s. 71.43, up to the amount of the tax, an amount
5equal to 10 percent of the amount the claimant paid in the taxable year for meat
6processing modernization or expansion related to the claimant's meat processing
7operation.
AB40, s. 2085 8Section 2085. 71.47 (3r) (c) 3. a. of the statutes is amended to read:
AB40,864,119 71.47 (3r) (c) 3. a. The maximum amount of the credits that may be allocated
10under this subsection and ss. 71.07 (3r) and 71.28 (3r) in fiscal year 2009-10 is
11$300,000, as allocated under s. 560.208, 2009 stats.
AB40, s. 2086 12Section 2086. 71.47 (3r) (c) 3. b. of the statutes is amended to read:
AB40,864,1613 71.47 (3r) (c) 3. b. The maximum amount of the credits that may be allocated
14under this subsection and ss. 71.07 (3r) and 71.28 (3r) in fiscal year 2010-11, and in
15each fiscal year thereafter, is $700,000, as allocated under s. 238.19 or s. 560.208,
162009 stats
.
AB40, s. 2087 17Section 2087. 71.47 (3r) (c) 6. of the statutes is amended to read:
AB40,864,2018 71.47 (3r) (c) 6. No credit may be allowed under this subsection unless the
19claimant submits with the claimant's return a copy of the claimant's credit
20certification and allocation under s. 238.19 or s. 560.208, 2009 stats.
AB40, s. 2088 21Section 2088. 71.47 (3rm) (b) of the statutes is amended to read:
AB40,865,322 71.47 (3rm) (b) Filing claims. Subject to the limitations provided in this
23subsection and s. 238.21 or s. 560.209, 2009 stats., for taxable years beginning after
24December 31, 2009, and before January 1, 2016, a claimant may claim as a credit
25against the taxes imposed under s. 71.43, up to the amount of the tax, an amount

1equal to 10 percent of the amount the claimant paid in the taxable year for equipment
2that is used primarily to harvest or process woody biomass that is used as fuel or as
3a component of fuel.
AB40, s. 2089 4Section 2089. 71.47 (3rm) (c) 3. of the statutes is amended to read:
AB40,865,75 71.47 (3rm) (c) 3. The maximum amount of the credits that may be claimed
6under this subsection and ss. 71.07 (3rm) and 71.28 (3rm) is $900,000, as allocated
7under s. 238.21 or s. 560.209, 2009 stats.
AB40, s. 2090 8Section 2090. 71.47 (3rn) (b) of the statutes is amended to read:
AB40,865,159 71.47 (3rn) (b) Filing claims. Subject to the limitations provided in this
10subsection and s. 238.17 or s. 506.2056 560.2056, 2009 stats., for taxable years
11beginning after December 31, 2009, and before January 1, 2017, a claimant may
12claim as a credit against the tax imposed under s. 71.43, up to the amount of the tax,
13an amount equal to 10 percent of the amount the claimant paid in the taxable year
14for food processing or food warehousing modernization or expansion related to the
15operation of the claimant's food processing plant or food warehouse.
AB40, s. 2091 16Section 2091. 71.47 (3rn) (c) 3. a. of the statutes is amended to read:
AB40,865,1917 71.47 (3rn) (c) 3. a. The maximum amount of the credits that may be allocated
18under this subsection and ss. 71.07 (3rn) and 71.28 (3rn) in fiscal year 2009-10 is
19$1,000,000, as allocated under s. 560.2056, 2009 stats.
AB40, s. 2092 20Section 2092. 71.47 (3rn) (c) 3. b. of the statutes is amended to read:
AB40,865,2321 71.47 (3rn) (c) 3. b. The maximum amount of the credits that may be allocated
22under this subsection and ss. 71.07 (3rn) and 71.28 (3rn) in fiscal year 2010-11 is
23$1,200,000, as allocated under s. 560.2056, 2009 stats.
AB40, s. 2093 24Section 2093. 71.47 (3rn) (c) 3. c. of the statutes is amended to read:
AB40,866,4
171.47 (3rn) (c) 3. c. The maximum amount of the credits that may be allocated
2under this subsection and ss. 71.07 (3rn) and 71.28 (3rn) in fiscal year 2011-12, and
3in each year thereafter, is $700,000, as allocated under s. 238.17 or s. 560.2056, 2009
4stats
.
AB40, s. 2094 5Section 2094. 71.47 (3rn) (c) 6. of the statutes is amended to read:
AB40,866,86 71.47 (3rn) (c) 6. No credit may be allowed under this subsection unless the
7claimant submits with the claimant's return a copy of the claimant's credit
8certification and allocation under s. 238.17 or s. 560.2056, 2009 stats.
AB40, s. 2095 9Section 2095. 71.47 (3t) (b) of the statutes is amended to read:
AB40,866,1510 71.47 (3t) (b) Credit. Subject to the limitations provided in this subsection and
11in s. 560.28, 2009 stats., for taxable years beginning after December 31, 2007, a
12claimant may claim as a credit, amortized over 15 taxable years starting with the
13taxable year beginning after December 31, 2007, against the tax imposed under s.
1471.43, up to the amount of the tax, an amount equal to the claimant's unused credits
15under s. 71.47 (3).
AB40, s. 2096 16Section 2096. 71.47 (3t) (c) 1. of the statutes is amended to read:
AB40,866,2317 71.47 (3t) (c) 1. No credit may be claimed under this subsection unless the
18claimant submits with the claimant's return a copy of the claimant's certification by
19the department of commerce under s. 560.28, 2009 stats., except that, with regard
20to credits claimed by partners of a partnership, members of a limited liability
21company, or shareholders of a tax-option corporation, the entity shall provide a copy
22of its certification under s. 560.28, 2009 stats., to the partner, member, or shareholder
23to submit with his or her return.
AB40, s. 2097 24Section 2097. 71.47 (3w) (a) 2. of the statutes is amended to read:
AB40,867,3
171.47 (3w) (a) 2. "Claimant" means a person who is certified to claim tax
2benefits under s. 238.399 (5) or s. 560.799 (5), 2009 stats., and who files a claim under
3this subsection.
AB40, s. 2098 4Section 2098. 71.47 (3w) (a) 3. of the statutes is amended to read:
AB40,867,65 71.47 (3w) (a) 3. "Full-time employee" means a full-time employee, as defined
6in s. 238.399 (1) (am) or s. 560.799 (1) (am), 2009 stats.
AB40, s. 2099 7Section 2099. 71.47 (3w) (a) 4. of the statutes is amended to read:
AB40,867,98 71.47 (3w) (a) 4. "Enterprise zone" means a zone designated under s. 238.399
9or
s. 560.799, 2009 stats.
AB40, s. 2100 10Section 2100. 71.47 (3w) (a) 5d. of the statutes is amended to read:
AB40,867,1311 71.47 (3w) (a) 5d. "Tier I county or municipality" means a tier I county or
12municipality, as determined by the department of commerce under s. 238.399 or s.
13560.799, 2009 stats.
AB40, s. 2101 14Section 2101. 71.47 (3w) (a) 5e. of the statutes is amended to read:
AB40,867,1715 71.47 (3w) (a) 5e. "Tier II county or municipality" means a tier II county or
16municipality, as determined by the department of commerce under s. 238.399 or s.
17560.799, 2009 stats.
AB40, s. 2102 18Section 2102. 71.47 (3w) (b) (intro.) of the statutes is amended to read:
AB40,867,2219 71.47 (3w) (b) Filing claims; payroll. (intro.) Subject to the limitations
20provided in this subsection and s. 238.399 or s. 560.799, 2009 stats., a claimant may
21claim as a credit against the tax imposed under s. 71.43 an amount calculated as
22follows:
AB40, s. 2103 23Section 2103. 71.47 (3w) (b) 5. of the statutes is amended to read:
AB40,868,3
171.47 (3w) (b) 5. Multiply the amount determined under subd. 4. by the
2percentage determined by the department of commerce under s. 238.399 or s.
3560.799, 2009 stats., not to exceed 7 percent.
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