AB100-ASA1, s. 2264s 18Section 2264s. 71.10 (4) (du) of the statutes is created to read:
AB100-ASA1,976,1919 71.10 (4) (du) Working families tax credit under s. 71.07 (5m).
AB100-ASA1, s. 1761 20Section 1761. 71.10 (4) (gu) of the statutes is created to read:
AB100-ASA1,976,2121 71.10 (4) (gu) Development zones credit under s. 71.07 (2dx).
AB100-ASA1, s. 2265m 22Section 2265m. 71.10 (4) (j) of the statutes is amended to read:
AB100-ASA1,976,2423 71.10 (4) (j) Any amount of money or other assets computed under s. 71.83 (1)
24(c).
AB100-ASA1, s. 1762 25Section 1762. 71.10 (5) (a) 2. of the statutes is amended to read:
AB100-ASA1,977,9
171.10 (5) (a) 2. "Endangered resources program" means purchasing or
2improving land or habitats for any native Wisconsin endangered or threatened
3species as defined in s. 29.415 (2) (a) or (b) or for any nongame species as defined in
4s. 29.01 (10), conducting the natural heritage inventory program under s. 23.27 (3),
5conducting wildlife and resource research and surveys and providing wildlife
6management services, providing for wildlife damage control or the payment of claims
7for damage associated with endangered or threatened species, repaying the general
8fund for amounts expended under s. 20.370 (1) (fb) in fiscal year 1983-84 and the
9payment of administrative expenses related to the administration of this subsection.
AB100-ASA1, s. 2266c 10Section 2266c. 71.122 of the statutes is created to read:
AB100-ASA1,977,13 1171.122 Definition. In this subchapter, "Wisconsin taxable income" means
12federal taxable income, as defined in s. 71.01 (4), as modified under s. 71.05 (6) to (12),
13(19) and (20).
AB100-ASA1, s. 2266g 14Section 2266g. 71.125 of the statutes is renumbered 71.125 (1) and amended
15to read:
AB100-ASA1,977,1916 71.125 (1) The Except as provided in sub. (2), the tax imposed by this chapter
17on individuals and the rates under s. 71.06 (1) and (2) shall apply to the Wisconsin
18taxable income of estates or trusts, except nuclear decommissioning trust or reserve
19funds, and that tax shall be paid by the fiduciary.
AB100-ASA1, s. 2266h 20Section 2266h. 71.125 (2) of the statutes is created to read:
AB100-ASA1,977,2321 71.125 (2) Each electing small business trust, as defined in section 1361 (e) (1)
22of the Internal Revenue Code, is subject to tax at the highest rate under s. 71.06 (1)
23on its Wisconsin taxable income.
AB100-ASA1, s. 2266k 24Section 2266k. 71.195 of the statutes is created to read:
AB100-ASA1,978,4
171.195 Definition. In this subchapter, "partnership" includes limited liability
2companies and other entities that are treated as partnerships under the Internal
3Revenue Code, and "partnership" does not include publicly traded partnerships
4treated as corporations under s. 71.22 (1).
AB100-ASA1, s. 2266m 5Section 2266m. 71.20 (1) of the statutes is amended to read:
AB100-ASA1,978,176 71.20 (1) Every partnership, except publicly traded partnerships treated as
7corporations under s. 71.22 (1), and every limited liability company, except limited
8liability companies treated as corporations under s. 71.22 (1),
shall furnish to the
9department a true and accurate statement, on or before April 15 of each year, except
10that returns for fiscal years ending on some other date than December 31 shall be
11furnished on or before the 15th day of the 4th month following the close of such fiscal
12year, in such manner and form and setting forth such facts as the department deems
13necessary to enforce this chapter. A partnership that is the owner of a single-owner
14entity that is disregarded as a separate entity under section 7701 of the Internal
15Revenue Code shall include that entity's information on the owner's return under
16this subchapter.
The statement shall be subscribed by one of the members of the
17partnership or limited liability company.
AB100-ASA1, s. 2266r 18Section 2266r. 71.21 (1) of the statutes is amended to read:
AB100-ASA1,978,2319 71.21 (1) The net income of a partnership, except publicly traded partnerships
20treated as corporations under s. 71.22 (1), and of a limited liability company, except
21limited liability companies treated as corporations under s. 71.22 (1),
shall be
22computed in the same manner and on the same basis as provided for computation
23of the income of persons other than corporations.
AB100-ASA1, s. 2266t 24Section 2266t. 71.21 (2) of the statutes is amended to read:
AB100-ASA1,979,2
171.21 (2) The standard deduction shall not be allowed in computing the taxable
2income of a partnership or of a limited liability company.
AB100-ASA1, s. 2266u 3Section 2266u. 71.21 (3) of the statutes is amended to read:
AB100-ASA1,979,84 71.21 (3) The credits under s. 71.28 (4) and (5) may not be claimed by a
5partnership, except a publicly traded partnership treated as a corporation under s.
671.22 (1), or a limited liability company, except a limited liability company treated
7as a corporation under s. 71.22 (1),
or by partners, including partners of a publicly
8traded partnership, or members of a limited liability company.
AB100-ASA1, s. 1763 9Section 1763. 71.21 (4) of the statutes is amended to read:
AB100-ASA1,979,1210 71.21 (4) Credits computed by a partnership under s. 71.07 (2dd), (2de), (2di),
11(2dj), (2dL) and, (2ds), (2dx) and (3s) and passed through to partners or members
12shall be added to the partnership's or limited liability company's income.
AB100-ASA1, s. 2267m 13Section 2267m. 71.22 (1) of the statutes is amended to read:
AB100-ASA1,979,2314 71.22 (1) "Corporation" includes corporations, publicly traded partnerships
15treated as corporations in section 7704 of the internal revenue code, limited liability
16companies treated as corporations under the internal revenue code, joint stock
17companies, associations and, common law trusts and all other entities treated as
18corporations under section 7701 of the Internal Revenue Code
, unless the context
19requires otherwise. A single-owner entity that is disregarded as a separate entity
20under section 7701 of the Internal Revenue Code is disregarded as a separate entity
21under this chapter, and its owner is subject to the tax on or measured by the entity's
22income. "Corporation" does not include any entity that is a qualified subchapter S
23subsidiary under s. 71.365 (7).
AB100-ASA1, s. 1764 24Section 1764. 71.22 (1m) of the statutes is created to read:
AB100-ASA1,979,2525 71.22 (1m) "Department" means the department of revenue.
AB100-ASA1, s. 1765
1Section 1765. 71.22 (2m) of the statutes is created to read:
AB100-ASA1,980,52 71.22 (2m) "File" means mail or deliver a document that the department
3prescribes to the department or, if the department prescribes another method of
4submitting or another destination, use that other method or submit to that other
5destination.
AB100-ASA1, s. 2269b 6Section 2269b. 71.22 (4) (d) of the statutes is repealed.
AB100-ASA1, s. 2269c 7Section 2269c. 71.22 (4) (e) of the statutes is amended to read:
AB100-ASA1,981,28 71.22 (4) (e) Except as provided in sub. (4m) and ss. 71.26 (2) (b) and (3), 71.34
9(1g) and 71.42 (2), "internal revenue code", for taxable years that begin after
10December 31, 1989, and before January 1, 1991, means the federal internal revenue
11code as amended to December 31, 1989, and as amended by P.L. 101-508, P.L.
12102-227 and, P.L. 103-66 and P.L. 104-188, excluding section 1311 of P.L. 104-188,
13and as indirectly affected in the provisions applicable to this subchapter by P.L.
1499-514, P.L. 100-203, P.L. 100-647 excluding sections 803 (d) (2) (B), 805 (d) (2), 812
15(c) (2), 821 (b) (2) and 823 (c) (2) of P.L. 99-514 and section 1008 (g) (5) of P.L. 100-647,
16P.L. 101-73, P.L. 101-140, P.L. 101-179, P.L. 101-239, P.L. 101-508, P.L. 102-227
17and, P.L. 103-66 and P.L. 104-188, excluding section 1311 of P.L. 104-188. The
18internal revenue code applies for Wisconsin purposes at the same time as for federal
19purposes. Amendments to the federal internal revenue code enacted after December
2031, 1989, do not apply to this paragraph with respect to taxable years beginning after
21December 31, 1989, and before January 1, 1991, except that changes to the internal
22revenue code made by P.L. 101-508, P.L. 102-227 and, P.L. 103-66 and P.L. 104-188,
23excluding section 1311 of P.L. 104-188,
and changes that indirectly affect the
24provisions applicable to this subchapter made by P.L. 101-508, P.L. 102-227 and,

1P.L. 103-66 and P.L. 104-188, excluding section 1311 of P.L. 104-188, apply for
2Wisconsin purposes at the same time as for federal purposes.
AB100-ASA1, s. 2269d 3Section 2269d. 71.22 (4) (f) of the statutes is amended to read:
AB100-ASA1,981,224 71.22 (4) (f) 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, 1990, and before January 1, 1992, means the federal internal revenue
7code as amended to December 31, 1990, and as amended by P.L. 102-227, P.L.
8102-486 and, P.L. 103-66 and P.L. 104-188, excluding section 1311 of P.L. 104-188,
9and as indirectly affected in the provisions applicable to this subchapter by P.L.
1099-514, P.L. 100-203, P.L. 100-647 excluding sections 803 (d) (2) (B), 805 (d) (2), 812
11(c) (2), 821 (b) (2) and 823 (c) (2) of P.L. 99-514 and section 1008 (g) (5) of P.L. 100-647,
12P.L. 101-73, P.L. 101-140, P.L. 101-179, P.L. 101-239, P.L. 101-508, P.L. 102-227,
13P.L. 102-486 and, P.L. 103-66 and P.L. 104-188, excluding section 1311 of P.L.
14104-188
. The internal revenue code applies for Wisconsin purposes at the same time
15as for federal purposes. Amendments to the federal internal revenue code enacted
16after December 31, 1990, do not apply to this paragraph with respect to taxable years
17beginning after December 31, 1990, and before January 1, 1992, except that changes
18to the internal revenue code made by P.L. 102-227, P.L. 102-486 and, P.L. 103-66
19and P.L. 104-188, excluding section 1311 of P.L. 104-188, and changes that indirectly
20affect the provisions applicable to this subchapter made by P.L. 102-227, P.L.
21102-486 and, P.L. 103-66 and P.L. 104-188, excluding section 1311 of P.L. 104-188,
22apply for Wisconsin purposes at the same time as for federal purposes.
AB100-ASA1, s. 2269e 23Section 2269e. 71.22 (4) (g) of the statutes is amended to read:
AB100-ASA1,982,2024 71.22 (4) (g) 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, 1991, and before January 1, 1993, means the federal internal revenue
2code as amended to December 31, 1991, excluding sections 103, 104 and 110 of P.L.
3102-227, and as amended by P.L. 102-318, P.L. 102-486 and , P.L. 103-66, excluding
4sections 13101 (a) and (c) 1, 13171 and 13174 of P.L. 103-66, and P.L. 104-188,
5excluding section 1311 of P.L. 104-188,
and as indirectly affected in the provisions
6applicable to this subchapter by P.L. 99-514, P.L. 100-203, P.L. 100-647 excluding
7sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2), 821 (b) (2) and 823 (c) (2) of P.L. 99-514
8and section 1008 (g) (5) of P.L. 100-647, P.L. 101-73, P.L. 101-140, P.L. 101-179, P.L.
9101-239, P.L. 101-508, P.L. 102-227, excluding sections 103, 104 and 110 of P.L.
10102-227, P.L. 102-318, P.L. 102-486 and, P.L. 103-66, excluding sections 13101 (a)
11and (c) 1, 13171 and 13174 of P.L. 103-66, and P.L. 104-188, excluding section 1311
12of P.L. 104-188
. The internal revenue code applies for Wisconsin purposes at the
13same time as for federal purposes. Amendments to the federal internal revenue code
14enacted after December 31, 1991, do not apply to this paragraph with respect to
15taxable years beginning after December 31, 1991, and before January 1, 1993, except
16that changes to the internal revenue code made by P.L. 102-318, P.L. 102-486 and,
17P.L. 103-66 and P.L. 104-188, excluding section 1311 of P.L. 104-188, and changes
18that indirectly affect the provisions applicable to this subchapter made by P.L.
19102-318, P.L. 102-486 and, P.L. 103-66 and P.L. 104-188, excluding section 1311 of
20P.L. 104-188,
apply for Wisconsin purposes at the same time as for federal purposes.
AB100-ASA1, s. 2269f 21Section 2269f. 71.22 (4) (h) of the statutes is amended to read:
AB100-ASA1,983,1922 71.22 (4) (h) Except as provided in sub. (4m) and ss. 71.26 (2) (b) and (3), 71.34
23(1g) and 71.42 (2), "internal revenue code", for taxable years that begin after
24December 31, 1992, and before January 1, 1994, means the federal internal revenue
25code as amended to December 31, 1992, excluding sections 103, 104 and 110 of P.L.

1102-227, and as amended by P.L. 103-66, excluding sections 13101 (a) and (c) 1,
213113, 13150, 13171, 13174 and 13203 of P.L. 103-66, and P.L. 103-465, and P.L.
3104-188, excluding section 1311 of P.L. 104-188,
and as indirectly affected in the
4provisions applicable to this subchapter by P.L. 99-514, P.L. 100-203, P.L. 100-647
5excluding sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2), 821 (b) (2) and 823 (c) (2) of
6P.L. 99-514 and section 1008 (g) (5) of P.L. 100-647, P.L. 101-73, P.L. 101-140, P.L.
7101-179, P.L. 101-239, P.L. 101-508, P.L. 102-227, excluding sections 103, 104 and
8110 of P.L. 102-227, P.L. 102-318, P.L. 102-486, P.L. 103-66, excluding sections
913101 (a) and (c) 1, 13113, 13150, 13171, 13174 and 13203 of P.L. 103-66 and, P.L.
10103-465 and P.L. 104-188, excluding section 1311 of P.L. 104-188. The internal
11revenue code applies for Wisconsin purposes at the same time as for federal purposes.
12Amendments to the federal internal revenue code enacted after December 31, 1992,
13do not apply to this paragraph with respect to taxable years beginning after
14December 31, 1992, and before January 1, 1994, except that changes to the internal
15revenue code made by P.L. 103-66 and, P.L. 103-465 and P.L. 104-188, excluding
16section 1311 of P.L. 104-188,
and changes that indirectly affect the provisions
17applicable to this subchapter made by P.L. 103-66 and , P.L. 103-465 and P.L.
18104-188, excluding section 1311 of P.L. 104-188,
apply for Wisconsin purposes at the
19same time as for federal purposes.
AB100-ASA1, s. 2269g 20Section 2269g. 71.22 (4) (i) of the statutes is amended to read:
AB100-ASA1,984,2221 71.22 (4) (i) Except as provided in sub. (4m) and ss. 71.26 (2) (b) and (3), 71.34
22(1g) and 71.42 (2), "internal revenue code", for taxable years that begin after
23December 31, 1993, and before January 1, 1995, means the federal internal revenue
24code as amended to December 31, 1993, excluding sections 103, 104 and 110 of P.L.
25102-227 and sections 13113, 13150 (d), 13171 (d), 13174, 13203 (d) and 13215 of P.L.

1103-66, and as amended by P.L. 103-296, P.L. 103-337, P.L. 103-465 and, P.L.
2104-7, excluding section 1 of P.L. 104-7, P.L. 104-188, excluding section 1311 of P.L.
3104-188, P.L. 104-191 and P.L. 104-193
and as indirectly affected in the provisions
4applicable to this subchapter by P.L. 99-514, P.L. 100-203, P.L. 100-647 excluding
5sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2), 821 (b) (2) and 823 (c) (2) of P.L. 99-514
6and section 1008 (g) (5) of P.L. 100-647, P.L. 101-73, P.L. 101-140, P.L. 101-179, P.L.
7101-239, P.L. 101-508, P.L. 102-227, excluding sections 103, 104 and 110 of P.L.
8102-227, P.L. 102-318, P.L. 102-486, P.L. 103-66, excluding sections 13113, 13150
9(d), 13171 (d), 13174, 13203 (d) and 13215 of P.L. 103-66, P.L. 103-296, P.L. 103-337,
10P.L. 103-465 and, P.L. 104-7, excluding section 1 of P.L. 104-7, P.L. 104-188,
11excluding section 1311 of P.L. 104-188, P.L. 104-191 and P.L. 104-193
. The internal
12revenue code applies for Wisconsin purposes at the same time as for federal purposes.
13Amendments to the federal internal revenue code enacted after December 31, 1993,
14do not apply to this paragraph with respect to taxable years beginning after
15December 31, 1993, and before January 1, 1995, except that changes to the internal
16revenue code made by P.L. 103-296, P.L. 103-337, P.L. 103-465 and, P.L. 104-7,
17excluding section 1 of P.L. 104-7, P.L. 104-188, excluding section 1311 of P.L.
18104-188, P.L. 104-191 and P.L. 104-193
and changes that indirectly affect the
19provisions applicable to this subchapter made by P.L. 103-296, P.L. 103-337, P.L.
20103-465 and, P.L. 104-7, excluding section 1 of P.L. 104-7, P.L. 104-188, excluding
21section 1311 of P.L. 104-188, P.L. 104-191 and P.L. 104-193
apply for Wisconsin
22purposes at the same time as for federal purposes.
AB100-ASA1, s. 2269h 23Section 2269h. 71.22 (4) (j) of the statutes is amended to read:
AB100-ASA1,985,2224 71.22 (4) (j) 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, 1994, and before January 1, 1996, means the federal internal revenue
2code as amended to December 31, 1994, excluding sections 103, 104 and 110 of P.L.
3102-227 and sections 13113, 13150 (d), 13171 (d), 13174 and 13203 (d) of P.L. 103-66,
4and as amended by P.L. 104-7, P.L. 104-188, excluding sections 1202, 1204, 1311 and
51605 of P.L. 104-188, P.L. 104-191 and P.L. 104-193
and as indirectly affected in the
6provisions applicable to this subchapter by P.L. 99-514, P.L. 100-203, P.L. 100-647
7excluding sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2), 821 (b) (2) and 823 (c) (2) of
8P.L. 99-514 and section 1008 (g) (5) of P.L. 100-647, P.L. 101-73, P.L. 101-140, P.L.
9101-179, P.L. 101-239, P.L. 101-508, P.L. 102-227, excluding sections 103, 104 and
10110 of P.L. 102-227, P.L. 102-318, P.L. 102-486, P.L. 103-66, excluding sections
1113113, 13150 (d), 13171 (d), 13174 and 13203 (d) of P.L. 103-66, P.L. 103-296, P.L.
12103-337, P.L. 103-465 and, P.L. 104-7, P.L. 104-188, excluding sections 1202, 1204,
131311 and 1605 of P.L. 104-188, P.L. 104-191 and P.L. 104-193
. The internal revenue
14code applies for Wisconsin purposes at the same time as for federal purposes.
15Amendments to the federal internal revenue code enacted after December 31, 1994,
16do not apply to this paragraph with respect to taxable years beginning after
17December 31, 1994, and before January 1, 1996, except that changes to the internal
18revenue code made by P.L. 104-7, P.L. 104-188, excluding sections 1202, 1204, 1311
19and 1605 of P.L. 104-188, P.L. 104-191 and P.L. 104-193
and changes that indirectly
20affect the provisions applicable to this subchapter made by P.L. 104-7, P.L. 104-188,
21excluding sections 1202, 1204, 1311 and 1605 of P.L. 104-188, P.L. 104-191 and P.L.
22104-193
apply for Wisconsin purposes at the same time as for federal purposes.
AB100-ASA1, s. 2269i 23Section 2269i. 71.22 (4) (k) of the statutes is amended to read:
AB100-ASA1,986,2224 71.22 (4) (k) 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, 1995, and before January 1, 1997, means the federal internal revenue
2code as amended to December 31, 1995, excluding sections 103, 104 and 110 of P.L.
3102-227 and sections 13113, 13150 (d), 13171 (d), 13174 and 13203 (d) of P.L. 103-66,
4and as amended by P.L. 104-188, excluding sections 1123, 1202, 1204, 1311 and 1605
5of P.L. 104-188, P.L. 104-191 and P.L. 104-193
and as indirectly affected in the
6provisions applicable to this subchapter by P.L. 99-514, P.L. 100-203, P.L. 100-647
7excluding sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2), 821 (b) (2) and 823 (c) (2) of
8P.L. 99-514 and section 1008 (g) (5) of P.L. 100-647, P.L. 101-73, P.L. 101-140, P.L.
9101-179, P.L. 101-239, P.L. 101-508, P.L. 102-227, excluding sections 103, 104 and
10110 of P.L. 102-227, P.L. 102-318, P.L. 102-486, P.L. 103-66, excluding sections
1113113, 13150 (d), 13171 (d), 13174 and 13203 (d) of P.L. 103-66, P.L. 103-296, P.L.
12103-337, P.L. 103-465 and, P.L. 104-7, P.L. 104-188, excluding sections 1123, 1202,
131204, 1311 and 1605 of P.L. 104-188, P.L. 104-191 and P.L. 104-193
. The internal
14revenue code applies for Wisconsin purposes at the same time as for federal purposes.
15Amendments to the federal internal revenue code enacted after December 31, 1995,
16do not apply to this paragraph with respect to taxable years beginning after
17December 31, 1995, and before January 1, 1997, except that changes to the Internal
18Revenue Code made by P.L. 104-188, excluding sections 1123, 1202, 1204, 1311 and
191605 of P.L. 104-188, P.L. 104-191 and P.L. 104-193, and changes that indirectly
20affect the provisions applicable to this subchapter made by P.L. 104-188, excluding
21sections 1123, 1202, 1204, 1311 and 1605 of P.L. 104-188, P.L. 104-191 and P.L.
22104-193 apply for Wisconsin purposes at the same time as for federal purposes
.
AB100-ASA1, s. 2269j 23Section 2269j. 71.22 (4) (L) of the statutes is created to read:
AB100-ASA1,987,1624 71.22 (4) (L) 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, 1996, means the federal internal revenue code as amended to
2December 31, 1996, excluding sections 103, 104 and 110 of P.L. 102-227, sections
313113, 13150 (d), 13171 (d), 13174 and 13203 (d) of P.L. 103-66 and sections 1123 (b),
41202 (c), 1204 (f), 1311 and 1605 (d) of P.L. 104-188, and as indirectly affected in the
5provisions applicable to this subchapter by P.L. 99-514, P.L. 100-203, P.L. 100-647
6excluding sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2), 821 (b) (2) and 823 (c) (2) of
7P.L. 99-514 and section 1008 (g) (5) of P.L. 100-647, P.L. 101-73, P.L. 101-140, P.L.
8101-179, P.L. 101-239, P.L. 101-508, P.L. 102-227, excluding sections 103, 104 and
9110 of P.L. 102-227, P.L. 102-318, P.L. 102-486, P.L. 103-66, excluding sections
1013113, 13150 (d), 13171 (d), 13174 and 13203 (d) of P.L. 103-66, P.L. 103-296, P.L.
11103-337, P.L. 103-465, P.L. 104-7, P.L. 104-188, excluding sections 1123 (b), 1202
12(c), 1204 (f), 1311 and 1605 (d) of P.L. 104-188, P.L. 104-191 and P.L. 104-193. The
13internal revenue code applies for Wisconsin purposes at the same time as for federal
14purposes. Amendments to the federal internal revenue code enacted after
15December 31, 1996, do not apply to this paragraph with respect to taxable years
16beginning after December 31, 1996.
AB100-ASA1, s. 2269k 17Section 2269k. 71.22 (4m) (b) of the statutes is repealed.
AB100-ASA1, s. 2269L 18Section 2269L. 71.22 (4m) (c) of the statutes is amended to read:
AB100-ASA1,988,1119 71.22 (4m) (c) For taxable years that begin after December 31, 1989, and before
20January 1, 1991, "internal revenue code", for corporations that are subject to a tax
21on unrelated business income under s. 71.26 (1) (a), means the federal internal
22revenue code as amended to December 31, 1989, and as amended by P.L. 101-508,
23P.L. 102-227 and, P.L. 103-66 and P.L. 104-188, excluding section 1311 of P.L.
24104-188,
and as indirectly affected in the provisions applicable to this subchapter
25by P.L. 99-514, P.L. 100-203, P.L. 100-647, P.L. 101-73, P.L. 101-140, P.L. 101-179,

1P.L. 101-239, P.L. 101-508, P.L. 102-227 and , P.L. 103-66 and P.L. 104-188,
2excluding section 1311 of P.L. 104-188
. The internal revenue code applies for
3Wisconsin purposes at the same time as for federal purposes. Amendments to the
4internal revenue code enacted after December 31, 1989, do not apply to this
5paragraph with respect to taxable years beginning after December 31, 1989, and
6before January 1, 1991, except that changes to the internal revenue code made by
7P.L. 101-508, P.L. 102-227 and, P.L. 103-66 and P.L. 104-188, excluding section
81311 of P.L. 104-188,
and changes that indirectly affect the provisions applicable to
9this subchapter made by P.L. 101-508, P.L. 102-227 and , P.L. 103-66 and P.L.
10104-188, excluding section 1311 of P.L. 104-188,
apply for Wisconsin purposes at the
11same time as for federal purposes.
AB100-ASA1, s. 2269m 12Section 2269m. 71.22 (4m) (d) of the statutes is amended to read:
AB100-ASA1,989,513 71.22 (4m) (d) For taxable years that begin after December 31, 1990, and before
14January 1, 1992, "internal revenue code", for corporations that are subject to a tax
15on unrelated business income under s. 71.26 (1) (a), means the federal internal
16revenue code as amended to December 31, 1990, and as amended by P.L. 102-227,
17P.L. 102-486 and, P.L. 103-66 and P.L. 104-188, excluding section 1311 of P.L.
18104-188,
and as indirectly affected in the provisions applicable to this subchapter
19by P.L. 99-514, P.L. 100-203, P.L. 100-647, P.L. 101-73, P.L. 101-140, P.L. 101-179,
20P.L. 101-239, P.L. 101-508, P.L. 102-227, P.L. 102-486 and , P.L. 103-66 and P.L.
21104-188, excluding section 1311 of P.L. 104-188
. The internal revenue code applies
22for Wisconsin purposes at the same time as for federal purposes. Amendments to the
23internal revenue code enacted after December 31, 1990, do not apply to this
24paragraph with respect to taxable years beginning after December 31, 1990, and
25before January 1, 1992, except that changes to the internal revenue code made by

1P.L. 102-227, P.L. 102-486 and, P.L. 103-66 and P.L. 104-188, excluding section
21311 of P.L. 104-188,
and changes that indirectly affect the provisions applicable to
3this subchapter made by P.L. 102-227, P.L. 102-486 and , P.L. 103-66 and P.L.
4104-188, excluding section 1311 of P.L. 104-188,
apply for Wisconsin purposes at the
5same time as for federal purposes.
AB100-ASA1, s. 2269n 6Section 2269n. 71.22 (4m) (e) of the statutes is amended to read:
AB100-ASA1,990,27 71.22 (4m) (e) For taxable years that begin after December 31, 1991, and before
8January 1, 1993, "internal revenue code", for corporations that are subject to a tax
9on unrelated business income under s. 71.26 (1) (a), means the federal internal
10revenue code as amended to December 31, 1991, excluding sections 103, 104 and 110
11of P.L. 102-227, and as amended by P.L. 102-318, P.L. 102-486 and, P.L. 103-66,
12excluding sections 13101 (a) and (c) 1, 13171 and 13174 of P.L. 103-66 , and P.L.
13104-188, excluding section 1311 of P.L. 104-188
, and as indirectly affected in the
14provisions applicable to this subchapter by P.L. 99-514, P.L. 100-203, P.L. 100-647,
15P.L. 101-73, P.L. 101-140, P.L. 101-179, P.L. 101-239, P.L. 101-508, P.L. 102-227,
16excluding sections 103, 104 and 110 of P.L. 102-227, P.L. 102-318, P.L. 102-486 and,
17P.L. 103-66, excluding sections 13101 (a) and (c) 1, 13171 and 13174 of P.L. 103-66,
18and P.L. 104-188, excluding section 1311 of P.L. 104-188
. The internal revenue code
19applies for Wisconsin purposes at the same time as for federal purposes.
20Amendments to the internal revenue code enacted after December 31, 1991, do not
21apply to this paragraph with respect to taxable years beginning after December 31,
221991, and before January 1, 1993, except that changes to the internal revenue code
23made by P.L. 102-318, P.L. 102-486 and, P.L. 103-66 and P.L. 104-188, excluding
24section 1311 of P.L. 104-188,
and changes that indirectly affect the provisions
25applicable to this subchapter made by P.L. 102-318, P.L. 102-486 and, P.L. 103-66

1and P.L. 104-188, excluding section 1311 of P.L. 104-188, apply for Wisconsin
2purposes at the same time as for federal purposes.
AB100-ASA1, s. 2269no 3Section 2269no. 71.22 (4m) (f) of the statutes is amended to read:
AB100-ASA1,990,244 71.22 (4m) (f) For taxable years that begin after December 31, 1992, and before
5January 1, 1994, "internal revenue code", for corporations that are subject to a tax
6on unrelated business income under s. 71.26 (1) (a), means the federal internal
7revenue code as amended to December 31, 1992, excluding sections 103, 104 and 110
8of P.L. 102-227, and as amended by P.L. 103-66, excluding sections 13101 (a) and (c)
91, 13113, 13150, 13171, 13174 and 13203 of P.L. 103-66, and P.L. 103-465, and P.L.
10104-188, excluding section 1311 of P.L. 104-188,
and as indirectly affected in the
11provisions applicable to this subchapter by P.L. 99-514, P.L. 100-203, P.L. 100-647,
12P.L. 101-73, P.L. 101-140, P.L. 101-179, P.L. 101-239, P.L. 101-508, P.L. 102-227,
13excluding sections 103, 104 and 110 of P.L. 102-227, P.L. 102-318, P.L. 102-486, P.L.
14103-66, excluding sections 13101 (a) and (c) 1, 13113, 13150, 13171, 13174 and 13203
15of P.L. 103-66 and, P.L. 103-465 and P.L. 104-188, excluding section 1311 of P.L.
16104-188
. The internal revenue code applies for Wisconsin purposes at the same time
17as for federal purposes. Amendments to the internal revenue code enacted after
18December 31, 1992, do not apply to this paragraph with respect to taxable years
19beginning after December 31, 1992, and before January 1, 1994, except that changes
20to the internal revenue code made by P.L. 103-66 and, P.L. 103-465 and P.L.
21104-188, excluding section 1311 of P.L. 104-188,
and changes that indirectly affect
22the provisions applicable to this subchapter made by P.L. 103-66 and, P.L. 103-465
23and P.L. 104-188, excluding section 1311 of P.L. 104-188, apply for Wisconsin
24purposes at the same time as for federal purposes.
AB100-ASA1, s. 2269p 25Section 2269p. 71.22 (4m) (g) of the statutes is amended to read:
AB100-ASA1,992,2
171.22 (4m) (g) For taxable years that begin after December 31, 1993, and
2before January 1, 1995, "internal revenue code", for corporations that are subject to
3a tax on unrelated business income under s. 71.26 (1) (a), means the federal internal
4revenue code as amended to December 31, 1993, excluding sections 103, 104 and 110
5of P.L. 102-227 and sections 13113, 13150 (d), 13171 (d), 13174, 13203 (d) and 13215
6of P.L. 103-66, and as amended by P.L. 103-296, P.L. 103-337, P.L. 103-465 and, P.L.
7104-7, excluding section 1 of P.L. 104-7, P.L. 104-188, excluding section 1311 of P.L.
8104-188, P.L. 104-191 and P.L. 104-193
and as indirectly affected in the provisions
9applicable to this subchapter by P.L. 99-514, P.L. 100-203, P.L. 100-647, P.L.
10101-73, P.L. 101-140, P.L. 101-179, P.L. 101-239, P.L. 101-508, P.L. 102-227,
11excluding sections 103, 104 and 110 of P.L. 102-227, P.L. 102-318, P.L. 102-486, P.L.
12103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174, 13203 (d) and 13215
13of P.L. 103-66, P.L. 103-296, P.L. 103-337, P.L. 103-465 and, P.L. 104-7, excluding
14section 1 of P.L. 104-7, P.L. 104-188, excluding section 1311 of P.L. 104-188, P.L.
15104-191 and P.L. 104-193
. The internal revenue code applies for Wisconsin
16purposes at the same time as for federal purposes. Amendments to the internal
17revenue code enacted after December 31, 1993, do not apply to this paragraph with
18respect to taxable years beginning after December 31, 1993, and before
19January 1, 1995, except that changes to the internal revenue code made by P.L.
20103-296, P.L. 103-337, P.L. 103-465 and, P.L. 104-7, excluding section 1 of P.L.
21104-7, P.L. 104-188, excluding section 1311 of P.L. 104-188, P.L. 104-191 and P.L.
22104-193
and changes that indirectly affect the provisions applicable to this
23subchapter made by P.L. 103-296, P.L. 103-337, P.L. 103-465 and, P.L. 104-7,
24excluding section 1 of P.L. 104-7, P.L. 104-188, excluding section 1311 of P.L.

1104-188, P.L. 104-191 and P.L. 104-193
apply for Wisconsin purposes at the same
2time as for federal purposes.
AB100-ASA1, s. 2269q 3Section 2269q. 71.22 (4m) (h) of the statutes is amended to read:
AB100-ASA1,993,24 71.22 (4m) (h) For taxable years that begin after December 31, 1994, and
5before January 1, 1996, "internal revenue code", for corporations that are subject to
6a tax on unrelated business income under s. 71.26 (1) (a), means the federal internal
7revenue code as amended to December 31, 1994, excluding sections 103, 104 and 110
8of P.L. 102-227 and sections 13113, 13150 (d), 13171 (d), 13174 and 13203 (d) of P.L.
9103-66, and as amended by P.L. 104-7, P.L. 104-188, excluding sections 1202, 1204,
101311 and 1605 of P.L. 104-188, P.L. 104-191 and P.L. 104-193
and as indirectly
11affected in the provisions applicable to this subchapter by P.L. 99-514, P.L. 100-203,
12P.L. 100-647, P.L. 101-73, P.L. 101-140, P.L. 101-179, P.L. 101-239, P.L. 101-508,
13P.L. 102-227, excluding sections 103, 104 and 110 of P.L. 102-227, P.L. 102-318, P.L.
14102-486, P.L. 103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174 and
1513203 (d) of P.L. 103-66, P.L. 103-296, P.L. 103-337, P.L. 103-465 and, P.L. 104-7,
16P.L. 104-188, excluding sections 1202, 1204, 1311 and 1605 of P.L. 104-188, P.L.
17104-191 and P.L. 104-193
. The internal revenue code applies for Wisconsin
18purposes at the same time as for federal purposes. Amendments to the internal
19revenue code enacted after December 31, 1994, do not apply to this paragraph with
20respect to taxable years beginning after December 31, 1994, and before
21January 1, 1996, except that changes to the internal revenue code made by P.L.
22104-7, P.L. 104-188, excluding sections 1202, 1204, 1311 and 1605 of P.L. 104-188,
23P.L. 104-191 and P.L. 104-193
, and changes that indirectly affect the provisions
24applicable to this subchapter made by P.L. 104-7. P.L. 104-188, excluding sections

11202, 1204, 1311 and 1605 of P.L. 104-188, P.L. 104-191 and P.L. 104-193
apply for
2Wisconsin purposes at the same time as for federal purposes.
AB100-ASA1, s. 2269r 3Section 2269r. 71.22 (4m) (i) of the statutes is amended to read:
AB100-ASA1,994,24 71.22 (4m) (i) For taxable years that begin after December 31, 1995, and before
5January 1, 1997,
"internal revenue code", for corporations that are subject to a tax
6on unrelated business income under s. 71.26 (1) (a), means the federal internal
7revenue code as amended to December 31, 1995, excluding sections 103, 104 and 110
8of P.L. 102-227 and sections 13113, 13150 (d), 13171 (d), 13174 and 13203 (d) of P.L.
9103-66, and as amended by P.L. 104-188, excluding sections 1123, 1202, 1204, 1311
10and 1605 of P.L. 104-188, P.L. 104-191 and P.L. 104-193
and as indirectly affected
11in the provisions applicable to this subchapter by P.L. 99-514, P.L. 100-203, P.L.
12100-647, P.L. 101-73, P.L. 101-140, P.L. 101-179, P.L. 101-239, P.L. 101-508, P.L.
13102-227, excluding sections 103, 104 and 110 of P.L. 102-227, P.L. 102-318, P.L.
14102-486, P.L. 103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174 and
1513203 (d) of P.L. 103-66, P.L. 103-296, P.L. 103-337, P.L. 103-465 and, P.L. 104-7,
16P.L. 104-188, excluding sections 1123, 1202, 1204, 1311 and 1605 of P.L. 104-188,
17P.L. 104-191 and P.L. 104-193
. The internal revenue code applies for Wisconsin
18purposes at the same time as for federal purposes. Amendments to the internal
19revenue code enacted after December 31, 1995, do not apply to this paragraph with
20respect to taxable years beginning after December 31, 1995, and before January 1,
211997 except that changes to the Internal Revenue Code made by P.L. 104-188,
22excluding sections 1123, 1202, 1204, 1311 and 1605 of P.L. 104-188, P.L. 104-191 and
23P.L. 104-193 and changes that indirectly affect the provisions applicable to this
24subchapter made by P.L. 104-188, excluding sections 1123, 1202, 1204, 1311 and

11605 of P.L. 104-188, P.L. 104-191 and P.L. 104-193 apply for Wisconsin purposes
2at the same time as for federal purposes
.
AB100-ASA1, s. 2269t 3Section 2269t. 71.22 (4m) (j) of the statutes is created to read:
AB100-ASA1,994,194 71.22 (4m) (j) For taxable years that begin after December 31, 1996, "Internal
5Revenue Code", for corporations that are subject to a tax on unrelated business
6income under s. 71.26 (1) (a), means the federal Internal Revenue Code as amended
7to December 31, 1996, 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 in
10the provisions applicable to this subchapter by P.L. 99-514, P.L. 100-203, P.L.
11100-647, P.L. 101-73, P.L. 101-140, P.L. 101-179, P.L. 101-239, P.L. 101-508, P.L.
12102-227, excluding sections 103, 104 and 110 of P.L. 102-227, P.L. 102-318, P.L.
13102-486, P.L. 103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174 and
1413203 (d) of P.L. 103-66, P.L. 103-296, P.L. 103-337, P.L. 103-465, P.L. 104-7, P.L.
15104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311 and 1605 (d) of P.L.
16104-188, P.L. 104-191 and P.L. 104-193. The Internal Revenue Code applies for
17Wisconsin purposes at the same time as for federal purposes. Amendments to the
18Internal Revenue Code enacted after December 31, 1996, do not apply to this
19paragraph with respect to taxable years beginning after December 31, 1996.
AB100-ASA1, s. 1766 20Section 1766. 71.22 (8) of the statutes is repealed and recreated to read:
AB100-ASA1,994,2221 71.22 (8) "Pay", in regard to submissions to persons other than the department,
22has the meaning appropriate to the taxpayer's method of accounting.
AB100-ASA1, s. 1767 23Section 1767. 71.22 (9m) of the statutes is created to read:
AB100-ASA1,994,2524 71.22 (9m) "Subscribe" means write one's signature or, if the department
25prescribes another method of authenticating, use that other method.
AB100-ASA1, s. 1768
1Section 1768. 71.24 (8) of the statutes is repealed.
AB100-ASA1, s. 1769 2Section 1769. 71.26 (2) (a) of the statutes is amended to read:
AB100-ASA1,995,173 71.26 (2) (a) Corporations in general. The "net income" of a corporation means
4the gross income as computed under the internal revenue code as modified under
5sub. (3) minus the amount of recapture under s. 71.28 (1di) plus the amount of credit
6computed under s. 71.28 (1) and (3) to (5) plus the amount of the credit computed
7under s. 71.28 (1dd), (1de), (1di), (1dj), (1dL) and, (1ds) and (1dx) and not passed
8through by a partnership, limited liability company or tax-option corporation that
9has added that amount to the partnership's, limited liability company's or tax-option
10corporation's income under s. 71.21 (4) or 71.34 (1) (g) plus the amount of losses from
11the sale or other disposition of assets the gain from which would be wholly exempt
12income, as defined in sub. (3) (L), if the assets were sold or otherwise disposed of at
13a gain and minus deductions, as computed under the internal revenue code as
14modified under sub. (3), plus or minus, as appropriate, an amount equal to the
15difference between the federal basis and Wisconsin basis of any asset sold,
16exchanged, abandoned or otherwise disposed of in a taxable transaction during the
17taxable year, except as provided in par. (b) and s. 71.45 (2) and (5).
AB100-ASA1, s. 2274b 18Section 2274b. 71.26 (2) (b) (title) of the statutes is amended to read:
AB100-ASA1,995,2119 71.26 (2) (b) (title) Regulated investment companies, real estate mortgage
20investment conduits
and, real estate investment trusts and financial asset
21securitization investment trusts
.
AB100-ASA1, s. 2274bg 22Section 2274bg. 71.26 (2) (b) 4. of the statutes is repealed.
AB100-ASA1, s. 2274c 23Section 2274c. 71.26 (2) (b) 5. of the statutes is amended to read:
AB100-ASA1,997,1224 71.26 (2) (b) 5. For taxable years that begin after December 31, 1989, and before
25January 1, 1991, for a corporation, conduit or common law trust which qualifies as

1a regulated investment company, real estate mortgage investment conduit or real
2estate investment trust under the internal revenue code as amended to December
331, 1989, and as amended by P.L. 101-508, P.L. 102-227 and , P.L. 103-66 and P.L.
4104-188, excluding section 1311 of P.L. 104-188
and as indirectly affected in the
5provisions applicable to this subchapter by P.L. 99-514, P.L. 100-203, P.L. 100-647,
6P.L. 101-73, P.L. 101-140, P.L. 101-179, P.L. 101-239, P.L. 101-508, P.L. 102-227
7and, P.L. 103-66 and P.L. 104-188, excluding section 1311 of P.L. 104-188, "net
8income" means the federal regulated investment company taxable income, federal
9real estate mortgage investment conduit taxable income or federal real estate
10investment trust taxable income of the corporation, conduit or trust as determined
11under the internal revenue code as amended to December 31, 1989, and as amended
12by P.L. 101-508, P.L. 102-227 and, P.L. 103-66 and P.L. 104-188, excluding section
131311 of P.L. 104-188,
and as indirectly affected in the provisions applicable to this
14subchapter by P.L. 99-514, P.L. 100-203, P.L. 100-647, P.L. 101-73, P.L. 101-140,
15P.L. 101-179, P.L. 101-239, P.L. 101-508, P.L. 102-227 and , P.L. 103-66 and P.L.
16104-188, excluding section 1311 of P.L. 104-188,
except that property that, under s.
1771.02 (1) (c) 8. to 11., 1985 stats., is required to be depreciated for taxable years 1983
18to 1986 under the internal revenue code as amended to December 31, 1980, shall
19continue to be depreciated under the internal revenue code as amended to December
2031, 1980, and except that the appropriate amount shall be added or subtracted to
21reflect differences between the depreciation or adjusted basis for federal income tax
22purposes and the depreciation or adjusted basis under this chapter of any property
23disposed of during the taxable year. The internal revenue code as amended to
24December 31, 1989, and as amended by P.L. 101-508, P.L. 102-227 and, P.L. 103-66
25and P.L. 104-188, excluding section 1311 of P.L. 104-188, and as indirectly affected

1in the provisions applicable to this subchapter by P.L. 99-514, P.L. 100-203, P.L.
2100-647, P.L. 101-73, P.L. 101-140, P.L. 101-179, P.L. 101-239, P.L. 101-508, P.L.
3102-227 and, P.L. 103-66 and P.L. 104-188, excluding section 1311 of P.L. 104-188,
4applies for Wisconsin purposes at the same time as for federal purposes.
5Amendments to the internal revenue code enacted after December 31, 1989, do not
6apply to this subdivision with respect to taxable years that begin after December 31,
71989, and before January 1, 1991, except that changes to the internal revenue code
8made by P.L. 101-508, P.L. 102-227 and, P.L. 103-66 and P.L. 104-188, excluding
9section 1311 of P.L. 104-188,
and changes that indirectly affect the provisions
10applicable to this subchapter made by P.L. 101-508, P.L. 102-227 and, P.L. 103-66
11and P.L. 104-188, excluding section 1311 of P.L. 104-188, apply for Wisconsin
12purposes at the same time as for federal purposes.
AB100-ASA1, s. 2274d 13Section 2274d. 71.26 (2) (b) 6. of the statutes is amended to read:
AB100-ASA1,999,314 71.26 (2) (b) 6. For taxable years that begin after December 31, 1990, and before
15January 1, 1992, for a corporation, conduit or common law trust which qualifies as
16a regulated investment company, real estate mortgage investment conduit or real
17estate investment trust under the internal revenue code as amended to December
1831, 1990, and as amended by P.L. 102-227, P.L. 102-486 and , P.L. 103-66 and P.L.
19104-188, excluding section 1311 of P.L. 104-188,
and as indirectly affected in the
20provisions applicable to this subchapter by P.L. 99-514, P.L. 100-203, P.L. 100-647,
21P.L. 101-73, P.L. 101-140, P.L. 101-179, P.L. 101-239, P.L. 101-508, P.L. 102-227,
22P.L. 102-486 and, P.L. 103-66 and P.L. 104-188, excluding section 1311 of P.L.
23104-188,
"net income" means the federal regulated investment company taxable
24income, federal real estate mortgage investment conduit taxable income or federal
25real estate investment trust taxable income of the corporation, conduit or trust as

1determined under the internal revenue code as amended to December 31, 1990, and
2as amended by P.L. 102-227, P.L. 102-486 and, P.L. 103-66 and P.L. 104-188,
3excluding section 1311 of P.L. 104-188,
and as indirectly affected in the provisions
4applicable to this subchapter by P.L. 99-514, P.L. 100-203, P.L. 100-647, P.L.
5101-73, P.L. 101-140, P.L. 101-179, P.L. 101-239, P.L. 101-508, P.L. 102-227, P.L.
6102-486 and, P.L. 103-66 and P.L. 104-188, excluding section 1311 of P.L. 104-188,
7except that property that, under s. 71.02 (1) (c) 8. to 11., 1985 stats., is required to
8be depreciated for taxable years 1983 to 1986 under the internal revenue code as
9amended to December 31, 1980, shall continue to be depreciated under the internal
10revenue code as amended to December 31, 1980, and except that the appropriate
11amount shall be added or subtracted to reflect differences between the depreciation
12or adjusted basis for federal income tax purposes and the depreciation or adjusted
13basis under this chapter of any property disposed of during the taxable year. The
14internal revenue code as amended to December 31, 1990, and as amended by P.L.
15102-227, P.L. 102-486 and, P.L. 103-66 and P.L. 104-188, excluding section 1311 of
16P.L. 104-188,
and as indirectly affected in the provisions applicable to this
17subchapter by P.L. 99-514, P.L. 100-203, P.L. 100-647, P.L. 101-73, P.L. 101-140,
18P.L. 101-179, P.L. 101-239, P.L. 101-508, P.L. 102-227, P.L. 102-486 and, P.L.
19103-66 and P.L. 104-188, excluding section 1311 of P.L. 104-188, applies for
20Wisconsin purposes at the same time as for federal purposes. Amendments to the
21internal revenue code enacted after December 31, 1990, do not apply to this
22subdivision with respect to taxable years that begin after December 31, 1990, and
23before January 1, 1992, except that changes to the internal revenue code made by
24P.L. 102-227, P.L. 102-486 and. P.L. 103-66 and P.L. 104-188, excluding section
251311 of P.L. 104-188,
and changes that indirectly affect the provisions applicable to

1this subchapter made by P.L. 102-227, P.L. 102-486 and, P.L. 103-66 and P.L.
2104-188, excluding section 1311 of P.L. 104-188,
apply for Wisconsin purposes at the
3same time as for federal purposes.
AB100-ASA1, s. 2274e 4Section 2274e. 71.26 (2) (b) 7. of the statutes is amended to read:
AB100-ASA1,999,255 71.26 (2) (b) 7. For taxable years that begin after December 31, 1991, and before
6January 1, 1993, for a corporation, conduit or common law trust which qualifies as
7a regulated investment company, real estate mortgage investment conduit or real
8estate investment trust under the internal revenue code as amended to December
931, 1991, excluding sections 103, 104 and 110 of P.L. 102-227, and as amended by P.L.
10102-318, P.L. 102-486 and, P.L. 103-66, excluding sections 13101 (a) and (c) 1, 13171
11and 13174 of P.L. 103-66 and P.L. 104-188, excluding section 1311 of P.L. 104-188,
12and as indirectly affected in the provisions applicable to this subchapter by P.L.
1399-514, P.L. 100-203, P.L. 100-647, P.L. 101-73, P.L. 101-140, P.L. 101-179, P.L.
14101-239, P.L. 101-508, P.L. 102-227, excluding sections 103, 104 and 110 of P.L.
15102-227, P.L. 102-318, P.L. 102-486 and, P.L. 103-66, excluding sections 13101 (a)
16and (c) 1, 13171 and 13174 of P.L. 103-66, and P.L. 104-188, excluding section 1311
17of P.L. 104-188
, "net income" means the federal regulated investment company
18taxable income, federal real estate mortgage investment conduit taxable income or
19federal real estate investment trust taxable income of the corporation, conduit or
20trust as determined under the internal revenue code as amended to December 31,
211991, excluding sections 103, 104 and 110 of P.L. 102-227, and as amended by P.L.
22102-318, P.L. 102-486 and, P.L. 103-66, excluding sections 13101 (a) and (c) 1, 13171
23and 13174 of P.L. 103-66, and P.L. 104-188, excluding section 1311 of P.L. 104-188,
24and as indirectly affected in the provisions applicable to this subchapter by P.L.
2599-514, P.L. 100-203, P.L. 100-647, P.L. 101-73, P.L. 101-140, P.L. 101-179, P.L.

1101-239, P.L. 101-508, P.L. 102-227, excluding sections 103, 104 and 110 of P.L.
2102-227, P.L. 102-318, P.L. 102-486 and, P.L. 103-66, excluding sections 13101 (a)
3and (c) 1, 13171 and 13174 of P.L. 103-66, and P.L. 104-188, excluding section 1311
4of P.L. 104-188,
except that property that, under s. 71.02 (1) (c) 8. to 11., 1985 stats.,
5is required to be depreciated for taxable years 1983 to 1986 under the internal
6revenue code as amended to December 31, 1980, shall continue to be depreciated
7under the internal revenue code as amended to December 31, 1980, and except that
8the appropriate amount shall be added or subtracted to reflect differences between
9the depreciation or adjusted basis for federal income tax purposes and the
10depreciation or adjusted basis under this chapter of any property disposed of during
11the taxable year. The internal revenue code as amended to December 31, 1991,
12excluding sections 103, 104 and 110 of P.L. 102-227, and as amended by P.L.
13102-318, P.L. 102-486 and, P.L. 103-66, excluding sections 13101 (a) and (c) 1, 13171
14and 13174 of P.L. 103-66, and P.L. 104-188, excluding section 1311 of P.L. 104-188,
15and as indirectly affected in the provisions applicable to this subchapter by P.L.
1699-514, P.L. 100-203, P.L. 100-647, P.L. 101-73, P.L. 101-140, P.L. 101-179, P.L.
17101-239, P.L. 101-508, P.L. 102-227, excluding sections 103, 104 and 110 of P.L.
18102-227, P.L. 102-318, P.L. 102-486 and, P.L. 103-66, excluding sections 13101 (a)
19and (c) 1, 13171 and 13174 of P.L. 103-66, and P.L. 104-188, excluding section 1311
20of P.L. 104-188,
applies for Wisconsin purposes at the same time as for federal
21purposes. Amendments to the internal revenue code enacted after December 31,
221991, do not apply to this subdivision with respect to taxable years that begin after
23December 31, 1991, and before January 1, 1993, except that changes to the internal
24revenue code made by P.L. 102-318, P.L. 102-486 and, P.L. 103-66 and P.L. 104-188,
25excluding section 1311 of P.L. 104-188,
and changes that indirectly affect the

1provisions applicable to this subchapter made by P.L. 102-318, P.L. 102-486 and,
2P.L. 103-66 and P.L. 104-188, excluding section 1311 of P.L. 104-188, apply for
3Wisconsin purposes at the same time as for federal purposes.
AB100-ASA1, s. 2274f 4Section 2274f. 71.26 (2) (b) 8. of the statutes is amended to read:
AB100-ASA1,1003,55 71.26 (2) (b) 8. For taxable years that begin after December 31, 1992, and before
6January 1, 1994, for a corporation, conduit or common law trust which qualifies as
7a regulated investment company, real estate mortgage investment conduit or real
8estate investment trust under the internal revenue code as amended to December
931, 1992, excluding sections 103, 104 and 110 of P.L. 102-227, and as amended by P.L.
10103-66, excluding sections 13101 (a) and (c) 1., 13113, 13150, 13171, 13174 and
1113203 of P.L. 103-66, and P.L. 103-465 and P.L. 104-188, excluding section 1311 of
12P.L. 104-188,
and as indirectly affected in the provisions applicable to this
13subchapter by P.L. 99-514, P.L. 100-203, P.L. 100-647, P.L. 101-73, P.L. 101-140,
14P.L. 101-179, P.L. 101-239, P.L. 101-508, P.L. 102-227, excluding sections 103, 104
15and 110 of P.L. 102-227, P.L. 102-318, P.L. 102-486, P.L. 103-66, excluding sections
1613101 (a) and (c) 1, 13113, 13150, 13171, 13174 and 13203 of P.L. 103-66, and P.L.
17103-465 and P.L. 104-188, excluding section 1311 of P.L. 104-188,"net income"
18means the federal regulated investment company taxable income, federal real estate
19mortgage investment conduit taxable income or federal real estate investment trust
20taxable income of the corporation, conduit or trust as determined under the internal
21revenue code as amended to December 31, 1992, excluding sections 103, 104 and 110
22of P.L. 102-227, and as amended by P.L. 103-66, and P.L. 103-465 excluding sections
2313101 (a) and (c) 1, 13113, 13150, 13171, 13174 and 13203 of P.L. 103-66, P.L.
24103-465 and P.L. 104-188, excluding section 1311 of P.L. 104-188,
and as indirectly
25affected in the provisions applicable to this subchapter by P.L. 99-514, P.L. 100-203,

1P.L. 100-647, P.L. 101-73, P.L. 101-140, P.L. 101-179, P.L. 101-239, P.L. 101-508,
2P.L. 102-227, excluding sections 103, 104 and 110 of P.L. 102-227, P.L. 102-318, P.L.
3102-486 and, P.L. 103-66, excluding sections 13101 (a) and (c) 1., 13113, 13150,
413171, 13174 and 13203 of P.L. 103-66, and P.L. 103-465 and P.L. 104-188,
5excluding section 1311 of P.L. 104-188,
except that property that, under s. 71.02 (1)
6(c) 8. to 11., 1985 stats., is required to be depreciated for taxable years 1983 to 1986
7under the internal revenue code as amended to December 31, 1980, shall continue
8to be depreciated under the internal revenue code as amended to December 31, 1980,
9and except that the appropriate amount shall be added or subtracted to reflect
10differences between the depreciation or adjusted basis for federal income tax
11purposes and the depreciation or adjusted basis under this chapter of any property
12disposed of during the taxable year. The internal revenue code as amended to
13December 31, 1992, excluding sections 103, 104 and 110 of P.L. 102-227, and as
14amended by P.L. 103-66, excluding sections 13101 (a) and (c) 1, 13113, 13150, 13171,
1513174 and 13203 of P.L. 103-66, and P.L. 103-465 and P.L. 104-188, excluding
16section 1311 of P.L. 104-188,
and as indirectly affected in the provisions applicable
17to this subchapter by P.L. 99-514, P.L. 100-203, P.L. 100-647, P.L. 101-73, P.L.
18101-140, P.L. 101-179, P.L. 101-239, P.L. 101-508, P.L. 102-227, excluding sections
19103, 104 and 110 of P.L. 102-227, P.L. 102-318, P.L. 102-486, P.L. 103-66, excluding
20sections 13101 (a) and (c) 1, 13113, 13150, 13171, 13174 and 13203 of P.L. 103-66,
21and P.L. 103-465 and P.L. 104-188, excluding section 1311 of P.L. 104-188, applies
22for Wisconsin purposes at the same time as for federal purposes. Amendments to the
23internal revenue code enacted after December 31, 1992, do not apply to this
24subdivision with respect to taxable years that begin after December 31, 1992, and
25before January 1, 1994, except that changes to the internal revenue code made by

1P.L. 103-66 and, P.L. 103-465 and P.L. 104-188, excluding section 1311 of P.L.
2104-188,
and changes that indirectly affect the provisions applicable to this
3subchapter made by P.L. 103-66 and, P.L. 103-465 and P.L. 104-188, excluding
4section 1311 of P.L. 104-188,
apply for Wisconsin purposes at the same time as for
5federal purposes.
AB100-ASA1, s. 2274g 6Section 2274g. 71.26 (2) (b) 9. of the statutes is amended to read:
AB100-ASA1,1005,167 71.26 (2) (b) 9. For taxable years that begin after December 31, 1993, and
8before January 1, 1995, for a corporation, conduit or common law trust which
9qualifies as a regulated investment company, real estate mortgage investment
10conduit or real estate investment trust under the internal revenue code as amended
11to December 31, 1993, excluding sections 103, 104 and 110 of P.L. 102-227 and
12sections 13113, 13150 (d), 13171 (d), 13174, 13203 (d) and 13215 of P.L. 103-66, and
13as amended by P.L. 103-296, P.L. 103-337, P.L. 103-465 and , P.L. 104-7, excluding
14section 1 of P.L. 104-7, P.L. 104-188, excluding section 1311 of P.L. 104-188, P.L.
15104-191 and P.L. 104-193
and as indirectly affected in the provisions applicable to
16this subchapter by P.L. 99-514, P.L. 100-203, P.L. 100-647, P.L. 101-73, P.L.
17101-140, P.L. 101-179, P.L. 101-239, P.L. 101-508, P.L. 102-227, excluding sections
18103, 104 and 110 of P.L. 102-227, P.L. 102-318, P.L. 102-486, P.L. 103-66, excluding
19sections 13113, 13150 (d), 13171 (d), 13174, 13203 (d) and 13215 of P.L. 103-66, P.L.
20103-296, P.L. 103-337, P.L. 103-465 and, P.L. 104-7, excluding section 1 of P.L.
21104-7, P.L. 104-188, excluding section 1311 of P.L. 104-188, P.L. 104-191 and P.L.
22104-193
"net income" means the federal regulated investment company taxable
23income, federal real estate mortgage investment conduit taxable income or federal
24real estate investment trust taxable income of the corporation, conduit or trust as
25determined under the internal revenue code as amended to December 31, 1993,

1excluding sections 103, 104 and 110 of P.L. 102-227 and sections 13113, 13150 (d),
213171 (d), 13174, 13203 (d) and 13215 of P.L. 103-66, and as amended by P.L.
3103-296, P.L. 103-337, P.L. 103-465 and P.L. 104-7, excluding section 1 of P.L.
4104-7, P.L. 104-188, excluding section 1311 of P.L. 104-188, P.L. 104-191 and P.L.
5104-193
and as indirectly affected in the provisions applicable to this subchapter by
6P.L. 99-514, P.L. 100-203, P.L. 100-647, P.L. 101-73, P.L. 101-140, P.L. 101-179,
7P.L. 101-239, P.L. 101-508, P.L. 102-227, excluding sections 103, 104 and 110 of P.L.
8102-227, P.L. 102-318, P.L. 102-486, P.L. 103-66, P.L. 103-296, P.L. 103-337, P.L.
9103-465
excluding sections 13113, 13150 (d), 13171 (d), 13174, 13203 (d) and 13215
10of P.L. 103-66, and P.L. 103-296, P.L. 103-337, P.L. 103-465, P.L. 104-7, excluding
11section 1 of P.L. 104-7, P.L. 104-188, excluding section 1311 of P.L. 104-188, P.L.
12104-191 and P.L. 104-193,
except that property that, under s. 71.02 (1) (c) 8. to 11.,
131985 stats., is required to be depreciated for taxable years 1983 to 1986 under the
14internal revenue code as amended to December 31, 1980, shall continue to be
15depreciated under the internal revenue code as amended to December 31, 1980, and
16except that the appropriate amount shall be added or subtracted to reflect
17differences between the depreciation or adjusted basis for federal income tax
18purposes and the depreciation or adjusted basis under this chapter of any property
19disposed of during the taxable year. The internal revenue code as amended to
20December 31, 1993, excluding sections 103, 104 and 110 of P.L. 102-227 and sections
2113113, 13150 (d), 13171 (d), 13174, 13203 (d) and 13215 of P.L. 103-66, and as
22amended by P.L. 103-296, P.L. 103-337, P.L. 103-465 and , P.L. 104-7, excluding
23section 1 of P.L. 104-7, P.L. 104-188, excluding section 1311 of P.L. 104-188, P.L.
24104-191 and P.L. 104-193
and as indirectly affected in the provisions applicable to
25this subchapter by P.L. 99-514, P.L. 100-203, P.L. 100-647, P.L. 101-73, P.L.

1101-140, P.L. 101-179, P.L. 101-239, P.L. 101-508, P.L. 102-227, excluding sections
2103, 104 and 110 of P.L. 102-227, P.L. 102-318, P.L. 102-486, P.L. 103-66, excluding
3sections 13113, 13150 (d), 13171 (d), 13174, 13203 (d) and 13215 of P.L. 103-66, P.L.
4103-296, P.L. 103-337, P.L. 103-465 and, P.L. 104-7, excluding section 1 of P.L.
5104-7, P.L. 104-188, excluding section 1311 of P.L. 104-188, P.L. 104-191 and P.L.
6104-193
applies for Wisconsin purposes at the same time as for federal purposes.
7Amendments to the internal revenue code enacted after December 31, 1993, do not
8apply to this subdivision with respect to taxable years that begin after
9December 31, 1993, and before January 1, 1995, except that changes to the internal
10revenue code made by P.L. 103-296, P.L. 103-337, P.L. 103-465 and, P.L. 104-7,
11excluding section 1 of P.L. 104-7, P.L. 104-188, excluding section 1311 of P.L.
12104-188, P.L. 104-191 and P.L. 104-193
and changes that indirectly affect the
13provisions applicable to this subchapter made by P.L. 103-296, P.L. 103-337, P.L.
14103-465 and, P.L. 104-7, excluding section 1 of P.L. 104-7, P.L. 104-188, excluding
15section 1311 of P.L. 104-188, P.L.104-191 and P.L. 104-193
apply for Wisconsin
16purposes at the same time as for federal purposes.
AB100-ASA1, s. 2274h 17Section 2274h. 71.26 (2) (b) 10. of the statutes is amended to read:
AB100-ASA1,1007,2218 71.26 (2) (b) 10. For taxable years that begin after December 31, 1994, and
19before January 1, 1996, for a corporation, conduit or common law trust which
20qualifies as a regulated investment company, real estate mortgage investment
21conduit or real estate investment trust under the internal revenue code as amended
22to December 31, 1994, excluding sections 103, 104 and 110 of P.L. 102-227 and
23sections 13113, 13150 (d), 13171 (d), 13174 and 13203 (d) of P.L. 103-66, and as
24amended by P.L. 104-7, P.L. 104-188, excluding sections 1202, 1204, 1311 and 1605
25of P.L. 104-188, P.L. 104-191 and P.L. 104-193
and as indirectly affected in the

1provisions applicable to this subchapter by P.L. 99-514, P.L. 100-203, P.L. 100-647,
2P.L. 101-73, P.L. 101-140, P.L. 101-179, P.L. 101-239, P.L. 101-508, P.L. 102-227,
3excluding sections 103, 104 and 110 of P.L. 102-227, P.L. 102-318, P.L. 102-486, P.L.
4103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174 and 13203 (d) of P.L.
5103-66, P.L. 103-296, P.L. 103-337, P.L. 103-465 and, P.L. 104-7, P.L. 104-188,
6excluding sections 1202, 1204, 1311 and 1605 of P.L. 104-188, P.L. 104-191 and P.L.
7104-193
"net income" means the federal regulated investment company taxable
8income, federal real estate mortgage investment conduit taxable income or federal
9real estate investment trust taxable income of the corporation, conduit or trust as
10determined under the internal revenue code as amended to December 31, 1994,
11excluding sections 103, 104 and 110 of P.L. 102-227 and sections 13113, 13150 (d),
1213171 (d), 13174 and 13203 (d) of P.L. 103-66, and as amended by P.L. 104-7, P.L.
13104-188, excluding sections 1202, 1204, 1311 and 1605 of P.L. 104-188, P.L. 104-191
14and P.L. 104-193
and as indirectly affected in the provisions applicable to this
15subchapter by P.L. 99-514, P.L. 100-203, P.L. 100-647, P.L. 101-73, P.L. 101-140,
16P.L. 101-179, P.L. 101-239, P.L. 101-508, P.L. 102-227, excluding sections 103, 104
17and 110 of P.L. 102-227, P.L. 102-318, P.L. 102-486, P.L. 103-66, P.L. 103-296, P.L.
18103-337, P.L. 103-465
excluding sections 13113, 13150 (d), 13171 (d), 13174 and
1913203 (d) of P.L. 103-66, and P.L. 103-296, P.L. 103-337, P.L. 103-465, P.L. 104-7,
20P.L. 104-188, excluding sections 1202, 1204, 1311 and 1605 of P.L. 104-188, P.L.
21104-191 and P.L. 104-193,
except that property that, under s. 71.02 (1) (c) 8. to 11.,
221985 stats., is required to be depreciated for taxable years 1983 to 1986 under the
23internal revenue code as amended to December 31, 1980, shall continue to be
24depreciated under the internal revenue code as amended to December 31, 1980, and
25except that the appropriate amount shall be added or subtracted to reflect

1differences between the depreciation or adjusted basis for federal income tax
2purposes and the depreciation or adjusted basis under this chapter of any property
3disposed of during the taxable year. The internal revenue code as amended to
4December 31, 1994, excluding sections 103, 104 and 110 of P.L. 102-227 and sections
513113, 13150 (d), 13171 (d), 13174 and 13203 (d) of P.L. 103-66, and as amended by
6P.L. 104-7, P.L. 104-188, excluding sections 1202, 1204, 1311 and 1605 of P.L.
7104-188, P.L. 104-191 and P.L. 104-193
and as indirectly affected in the provisions
8applicable to this subchapter by P.L. 99-514, P.L. 100-203, P.L. 100-647, P.L.
9101-73, P.L. 101-140, P.L. 101-179, P.L. 101-239, P.L. 101-508, P.L. 102-227,
10excluding sections 103, 104 and 110 of P.L. 102-227, P.L. 102-318, P.L. 102-486, P.L.
11103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174 and 13203 (d) of P.L.
12103-66, P.L. 103-296, P.L. 103-337, P.L. 103-465 and, P.L. 104-7, P.L. 104-188,
13excluding sections 1202, 1204, 1311 and 1605 of P.L. 104-188, P.L. 104-191 and P.L.
14104-193
applies for Wisconsin purposes at the same time as for federal purposes.
15Amendments to the internal revenue code enacted after December 31, 1994, do not
16apply to this subdivision with respect to taxable years that begin after
17December 31, 1994, and before January 1, 1996, except that changes made by P.L.
18104-7, P.L. 104-188, excluding sections 1202, 1204, 1311 and 1605 of P.L. 104-188,
19P.L. 104-191 and P.L. 104-193
and changes that indirectly affect the provisions
20applicable to this subchapter made by P.L. 104-7, P.L. 104-188, excluding sections
211202, 1204, 1311 and 1605 of P.L. 104-188, P.L. 104-191 and P.L. 104-193
apply for
22Wisconsin purposes at the same time as for federal purposes.
AB100-ASA1, s. 2274i 23Section 2274i. 71.26 (2) (b) 11. of the statutes is amended to read:
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