93.53(4)(c)2. 2. Information showing that the beginning farmer satisfies the conditions in sub. (2).
93.53(4)(c)3. 3. A business plan that includes a current balance sheet and projected balance sheets for 3 years, cash flow statements, and income statements along with a detailed description of all significant accounting assumptions used in developing the financial projections.
93.53(4)(c)4. 4. A description of the beginning farmer's education, training, and experience in the type of farming in which the beginning farmer uses the leased agricultural assets.
93.53(4)(c)5. 5. A copy of the beginning farmer's completed federal profit or loss from farming form, schedule F, or other documentation approved by the department under sub. (6).
93.53(4)(c)6. 6. Any other information required by the department.
93.53(4)(d) (d) If a beginning farmer wishes to claim the beginning farmer educational credit under s. 71.07 (8r) (b) 1., the beginning farmer shall also include in the application under this subsection a description of the financial management program completed by the beginning farmer and a statement of the amount that the beginning farmer paid the educational institution to enroll in the financial management program.
93.53(5) (5)Evaluation and certification.
93.53(5)(a)(a) The department shall review applications submitted under sub. (4) (a).
93.53(5)(b) (b) The department shall provide an established farmer with a certificate of eligibility for the farm asset owner tax credit under s. 71.07 (8r) (b) 2., 71.28 (8r), or 71.47 (8r) if all of the following apply:
93.53(5)(b)1. 1. The established farmer's application complies with sub. (4) (b).
93.53(5)(b)2. 2. The beginning farmer's application complies with sub. (4) (c).
93.53(5)(b)3. 3. The department determines that the business plan submitted under sub. (4) (c) 3. and the education, training, or experience described under sub. (4) (c) 4. show that the beginning farmer has sufficient resources and education, training, or experience for the type of farming in which the beginning farmer uses the leased agricultural assets.
93.53(5)(c) (c) The department shall provide a beginning farmer with a certificate of eligibility for the beginning farmer educational credit under s. 71.07 (8r) (b) 1. if the department has issued a certificate of eligibility under par. (b) for the experienced farmer from whom the beginning farmer leases farm assets and the information provided under sub. (4) (d) shows that the beginning farmer has completed a financial management program.
93.53(6) (6)Department authority.
93.53(6)(a)(a) The department may approve providers of courses in farm financial management for the purposes of the beginning farmer educational credit under s. 71.07 (8r) (b) 1.
93.53(6)(b) (b) The department may approve alternative documentation for the purposes of sub. (4) (c) 5.
93.53(6)(c) (c) The department may assist beginning farmers to develop business plans for the purposes of sub. (4) (c) 3. and may assist in the negotiation of leases of farm assets that may enable persons to qualify for tax credits under s. 71.07 (8r), 71.28 (8r), or 71.47 (8r).
93.53 History History: 2009 a. 28.
93.535 93.535 Dairy manufacturing facility investment credit.
93.535(1)(1) The department shall implement a program to certify taxpayers, including taxpayers who are members of dairy cooperatives, as eligible for the dairy manufacturing facility investment credit under ss. 71.07 (3p), 71.28 (3p), and 71.47 (3p).
93.535(2) (2) If the department certifies a taxpayer under sub. (1), the department shall determine the amount of credits to allocate to that taxpayer. The total amount of dairy manufacturing facility investment credits allocated to taxpayers in fiscal year 2007-08 may not exceed $600,000 and the total amount of dairy manufacturing facility investment credits allocated to taxpayers who are not members of dairy cooperatives in fiscal year 2008-09, and in each fiscal year thereafter, may not exceed $700,000. The total amount of dairy manufacturing facility investment credits allocated to taxpayers who are members of dairy cooperatives in fiscal year 2009-10 may not exceed $600,000 and the total amount of dairy manufacturing facility investment credits allocated to taxpayers who are members of dairy cooperatives in fiscal year 2010-11, and in each fiscal year thereafter, may not exceed $700,000.
93.535(3) (3) The department shall inform the department of revenue of every taxpayer certified under sub. (1) and the amount of credits allocated to the taxpayer.
93.535(4) (4) The department, in consultation with the department of revenue, shall promulgate rules to administer this section.
93.535 History History: 2007 a. 20; 2009 a. 2; 2011 a. 32 s. 3369; Stats. 2011 s. 93.535.
93.535 Cross-reference Cross-reference: See also ch. ATCP 163, Wis. adm. code.
93.54 93.54 Food processing plant and food warehouse investment credit.
93.54(1)(1) The department shall implement a program to certify taxpayers as eligible for the food processing plant and food warehouse investment credit under ss. 71.07 (3rn), 71.28 (3rn), and 71.47 (3rn).
93.54(2) (2) If the department certifies a taxpayer under sub. (1), the department shall determine the amount of credits to allocate to that taxpayer. The total amount of food processing plant and food warehouse investment credits allocated to taxpayers in fiscal year 2009-10 may not exceed $600,000 and the total amount of food processing plant and food warehouse investment credits allocated to taxpayers in fiscal year 2010-11, and in each fiscal year thereafter, may not exceed $700,000.
93.54(3) (3) The department shall inform the department of revenue of every taxpayer certified under sub. (1) and the amount of credits allocated to the taxpayer.
93.54(4) (4) The department, in consultation with the department of revenue, shall promulgate rules to administer this section.
93.54 History History: 2009 a. 295; 2011 a. 32 s. 3367; Stats. 2011 s. 93.54; 2011 a. 260 s. 80.
93.54 Cross-reference Cross-reference: See also ch. ATCP 165, Wis. adm. code.
93.545 93.545 Meat processing facility investment credit.
93.545(1)(1) The department shall implement a program to certify taxpayers as eligible for the meat processing facility investment credit under ss. 71.07 (3r), 71.28 (3r), and 71.47 (3r).
93.545(2) (2) If the department certifies a taxpayer under sub. (1), the department shall determine the amount of credits to allocate to that taxpayer. The total amount of meat processing facility investment credits allocated to taxpayers in fiscal year 2009-10 may not exceed $300,000 and the total amount of meat processing facility investment credits allocated to taxpayers in fiscal year 2010-11, and in each fiscal year thereafter, may not exceed $700,000.
93.545(3) (3) The department shall inform the department of revenue of every taxpayer certified under sub. (1) and the amount of credits allocated to the taxpayer.
93.545(4) (4) The department, in consultation with the department of revenue, shall promulgate rules to administer this section.
93.545 History History: 2009 a. 2; 2011 a. 32 s. 3370; Stats. 2011 s. 93.545.
93.545 Cross-reference Cross-reference: See also ch. ATCP 164, Wis. adm. code.
93.547 93.547 Woody biomass harvesting and processing credit.
93.547(1)(1) The department shall implement a program to certify taxpayers as eligible for the woody biomass harvesting and processing credit under ss. 71.07 (3rm), 71.28 (3rm), and 71.47 (3rm).
93.547(2) (2) If the department certifies a taxpayer under sub. (1), the department shall determine the amount of credits to allocate to that taxpayer. The total amount of woody biomass harvesting and processing credits allocated to taxpayers in any fiscal year may not exceed $900,000. In each fiscal year, the department shall allocate $450,000 in tax credits to businesses that, individually, have no more than $5,000,000 in gross receipts from doing business in this state for the taxable year in which the credit is claimed.
93.547(3) (3) The department shall inform the department of revenue of every taxpayer certified under sub. (1) and the amount of credits allocated to the taxpayer.
93.547(4) (4) The department, in consultation with the department of revenue, shall promulgate rules to administer this section.
93.547 History History: 2009 a. 269; 2011 a. 32 s. 3372; Stats. 2011 s. 93.547.
93.547 Cross-reference Cross-reference: See also ch. ATCP 166, Wis. adm. code.
93.55 93.55 Chemical and container collection grants.
93.55(1)(1) Definitions. In this section:
93.55(1)(a) (a) "Chemical" means a chemical, including a pesticide, that is used for agricultural purposes.
93.55(1)(b) (b) "Pesticide" has the meaning given in s. 94.67 (25).
93.55(2) (2)Collection grants. The department may award a grant to a county for a chemical and container collection program. A grant under this subsection may not fund more than 75 percent of the cost of a program. Costs eligible for funding include the cost of establishing a collection site for chemicals and chemical containers, the cost of transporting chemical containers to a dealer or distributor for refill and reuse or to a hazardous waste facility, as defined in s. 291.01 (8), and costs associated with the proper use and handling and disposal or recycling of chemicals and chemical containers. Grants shall be paid from the appropriation under s. 20.115 (7) (va).
93.55(2m) (2m)Farmer liability. To the extent permitted under federal regulations, a county establishing a chemical and container collection program under sub. (2), in cooperation with the department, shall ensure that a farmer, as defined in s. 102.04 (3), who participates in the program is not liable for chemicals or chemical containers collected under the program after the farmer relinquishes control over the chemicals or chemical containers.
93.55 Cross-reference Cross-reference: See also ch. ATCP 34, Wis. adm. code.
93.57 93.57 Household hazardous waste. The department shall administer a grant program to assist municipalities and regional planning commissions in creating and operating local programs for the collection and disposal of household hazardous waste. The department may also provide grants under this section for county, municipal, and regional planning commission programs to collect unwanted prescription drugs. The department may not make a grant under this section in an amount that exceeds 75 percent of the cost of a program. The department shall allocate two-thirds of the funds available from the appropriation account under s. 20.115 (7) (va) in each fiscal year for grants under this section.
93.57 History History: 1985 a. 29; 1995 a. 227 s. 699; Stats. 1995 s. 299.41; 2001 a. 109; 2003 a. 33 s. 2481s; Stats. 2003 s. 93.57; 2007 a. 20.
93.57 Cross-reference Cross-reference: See also chs. ATCP 34 and NR 187, Wis. adm. code.
93.70 93.70 Conservation reserve enhancement program.
93.70(1)(1) The department may expend funds from the appropriation account under s. 20.866 (2) (wf) to improve water quality, erosion control and wildlife habitat through participation by this state in the conservation reserve enhancement program as approved by the secretary of the federal department of agriculture under 16 USC 3834 (f) (4).
93.70(2) (2) The department may not make a payment under sub. (1) to a person whose name appears on the statewide support lien docket under s. 49.854 (2) (b), unless the person provides to the department a payment agreement that has been approved by the county child support agency under s. 59.53 (5) and that is consistent with rules promulgated under s. 49.858 (2) (a).
93.70 History History: 1999 a. 9; 2003 a. 33.
93.73 93.73 Purchase of agricultural conservation easements.
93.73(1)(1) Legislative findings. The legislature finds all of the following:
93.73(1)(a) (a) That the preservation of farmland is important for current and future agricultural production in this state, including the production of food and other products needed to sustain the life, health, and welfare of the people of this state.
93.73(1)(b) (b) That the preservation of farmland is important for the current and future state economy and for the current and future environment of this state.
93.73(1)(c) (c) That purchases of agricultural conservation easements, as provided in this section, serve important public purposes of statewide significance.
93.73(1m) (1m)Definitions. In this section:
93.73(1m)(a) (a) "Agricultural conservation easement" means a conservation easement, as defined in s. 700.40 (1) (a), the purpose of which is to assure the availability of land for agricultural use.
93.73(1m)(b) (b) "Agricultural use" means any of the following:
93.73(1m)(b)1. 1. Any of the following activities conducted for the purpose of producing an income or livelihood:
93.73(1m)(b)1.a. a. Crop or forage production.
93.73(1m)(b)1.b. b. Keeping livestock.
93.73(1m)(b)1.c. c. Beekeeping.
93.73(1m)(b)1.d. d. Nursery, sod, or Christmas tree production.
93.73(1m)(b)1.e. e. Floriculture.
93.73(1m)(b)1.f. f. Aquaculture.
93.73(1m)(b)1.g. g. Fur farming.
93.73(1m)(b)1.h. h. Forest management.
93.73(1m)(b)1.i. i. Enrollment of land in a federal agricultural commodity payment program or a federal or state agricultural land conservation payment program.
93.73(1m)(b)2. 2. Any other use that the department, by rule, identifies as an agricultural use.
93.73(1m)(c) (c) "Cooperating entity" means a political subdivision or nonprofit conservation organization.
93.73(1m)(d) (d) "Fair market value" means value as determined by a professional appraisal that is approved by the department.
93.73(1m)(dm) (dm) "Livestock" means bovine animals, equine animals, goats, poultry, sheep, swine, farm-raised deer, farm-raised game birds, camelids, ratites, and farm-raised fish.
93.73(1m)(e) (e) "Nonprofit conservation organization" means a nonstock corporation, charitable trust, or other entity whose purposes include the acquisition of property for conservation or agricultural preservation purposes, that is described in section 501 (c) (3) of the Internal Revenue Code, that is exempt from federal income tax under section 501 (a) of the Internal Revenue Code, and that is a qualified organization under section 170 (h) (3) of the Internal Revenue Code.
93.73(1m)(f) (f) "Political subdivision" means a city, village, town, or county.
93.73(1m)(g) (g) "Professional appraisal" means an appraisal conducted by a certified general appraiser, as defined in s. 458.01 (8).
93.73(1m)(h) (h) "Purchase cost" means the amount paid to a landowner to acquire an agricultural conservation easement from the landowner.
93.73(1m)(i) (i) "Transaction costs" means out-of-pocket expenses incurred in connection with the acquisition, processing, recording, and documentation of an agricultural conservation easement, including out-of-pocket expenses for land surveys, land descriptions, real estate appraisals, title verification, preparation of legal documents, reconciliation of conflicting property interests, documentation of existing land uses, and closing. "Transaction costs" does not include costs incurred by a cooperating entity for staffing, overhead, or operations.
93.73(2) (2)Program.
Loading...
Loading...
2011-12 Wisconsin Statutes updated through 2013 Wis. Act 380 and all Supreme Court Orders entered before Oct. 4, 2014. Published and certified under s. 35.18. Changes effective after Oct. 4, 2014 are designated by NOTES. (Published 10-4-14)