AB133-ASA1-CA1,337,94
71.47
(1di) (g) If a person who is
certified under s. 560.765 (3) for entitled under
5s. 560.795 (3) to claim tax benefits ceases business operations in the development
6zone during any of the taxable years that that zone exists, that person may not carry
7over to any taxable year following the year during which operations cease any
8unused credits from the taxable year during which operations cease or from previous
9taxable years.
AB133-ASA1-CA1,337,1511
71.47
(1di) (i) No credit may be claimed under this subsection for taxable years
12that begin
on January 1, 1998, or thereafter after December 31, 1997, and end before
13January 1, 2000. Credits under this subsection for taxable years that begin before
14January 1, 1998, may be carried forward to taxable years that begin on January 1,
151998, or thereafter.".
AB133-ASA1-CA1,337,18
16979. Page 942, line 16: delete the material beginning with "certified" and
17ending with "(3)" on line 17 and substitute "
entitled under s. 560.795 (3) to claim tax
18benefits or certified under s. 560.765 (3)
or 560.797 (4)".
AB133-ASA1-CA1,338,621
71.47
(1dx) (c)
Credit precluded. If the certification of a person for tax benefits
22under s. 560.765 (3)
or 560.797 (4) is revoked,
or if the person becomes ineligible for
23tax benefits under s. 560.795 (3), that person may not claim credits under this
24subsection for the taxable year that includes the day on which the certification is
1revoked
; the taxable year that includes the day on which the person becomes
2ineligible for tax benefits; or succeeding taxable years and that person may not carry
3over unused credits from previous years to offset tax under this chapter for the
4taxable year that includes the day on which certification is revoked
; the taxable year
5that includes the day on which the person becomes ineligible for tax benefits; or
6succeeding taxable years.
AB133-ASA1-CA1,338,138
71.47
(1dx) (d)
Carry-over precluded. If a person who is
entitled under s.
9560.795 (3) to claim tax benefits or certified under s. 560.765 (3)
or 560.797 (4) for tax
10benefits ceases business operations in the development zone during any of the
11taxable years that that zone exists, that person may not carry over to any taxable
12year following the year during which operations cease any unused credits from the
13taxable year during which operations cease or from previous taxable years.".
AB133-ASA1-CA1,339,218
71.47
(2m) (b) 1. a. Subject to the limitations provided in this subsection and
19s. 71.80 (3) and (3m), a claimant may claim as a credit against Wisconsin income or
20franchise taxes otherwise due, the amount derived under par. (c). If the allowable
21amount of claim exceeds the income or franchise taxes otherwise due on or measured
22by the claimant's income or if there are no Wisconsin income or franchise taxes due
23on or measured by the claimant's income, the amount of the claim not used as an
24offset against income or franchise taxes shall be certified to the department of
1administration for payment to the claimant by check, share draft or other draft paid
2from the
appropriation appropriations under s. 20.835 (2)
(q) (dn) and (ka).
AB133-ASA1-CA1, s. 1757be
3Section 1757be. 71.47 (2m) (b) 1. a. of the statutes, as affected by 1999
4Wisconsin Act .... (this act), is repealed and recreated to read:
AB133-ASA1-CA1,339,125
71.47
(2m) (b) 1. a. Subject to the limitations provided in this subsection and
6s. 71.80 (3) and (3m), a claimant may claim as a credit against Wisconsin income
7taxes otherwise due, the amount derived under par. (c). If the allowable amount of
8claim exceeds the income taxes otherwise due on the claimant's income or if there are
9no Wisconsin income taxes due on the claimant's income, the amount of the claim not
10used as an offset against income taxes shall be certified to the department of
11administration for payment to the claimant by check, share draft or other draft paid
12from the appropriations under s. 20.835 (2) (ka) and (q).
AB133-ASA1-CA1, s. 1744bf
13Section 1744bf. 71.47 (2m) (c) 3. of the statutes, as created by Wisconsin Act
145, is amended to read:
AB133-ASA1-CA1,339,2015
71.47
(2m) (c) 3. The department shall annually adjust the percentage that is
16used to determine the amount of a claim under subd. 1. based on the estimated
17number of claims and the amount estimated to be expended from the appropriation
18under s. 20.835 (2)
(q) (dn), as determined under s. 79.13. The department shall
19incorporate the annually adjusted percentage into the income tax forms and
20instructions.
AB133-ASA1-CA1, s. 1744bg
21Section 1744bg. 71.47 (2m) (c) 3. of the statutes, as affected by 1999 Wisconsin
22Act .... (this act), is repealed and recreated to read:
AB133-ASA1-CA1,340,323
71.47
(2m) (c) 3. The department shall annually adjust the percentage that is
24used to determine the amount of a claim under subd. 1. based on the estimated
25number of claims and the amount estimated to be expended from the appropriation
1under s. 20.835 (2) (q), as determined under s. 79.13. The department shall
2incorporate the annually adjusted percentage into the income tax forms and
3instructions.".
AB133-ASA1-CA1,340,5
5"71.54
(1) (e)
2000. The amount of any claim filed in 2000".
AB133-ASA1-CA1,340,119
71.54
(1) (f)
2001 and thereafter. The amount of any claim filed in 2001 and
10thereafter and based on property taxes accrued or rent constituting property taxes
11accrued during the previous year is limited as follows:
AB133-ASA1-CA1,340,1412
1. If the household income was $8,000 or less in the year to which the claim
13relates, the claim is limited to 80% of the property taxes accrued or rent constituting
14property taxes accrued or both in that year on the claimant's homestead.
AB133-ASA1-CA1,340,1815
2. If the household income was more than $8,000 in the year to which the claim
16relates, the claim is limited to 80% of the amount by which the property taxes accrued
17or rent constituting property taxes accrued or both in that year on the claimant's
18homestead exceeds 8.788% of the household income exceeding $8,000.
AB133-ASA1-CA1,340,2019
3. No credit may be allowed if the household income of a claimant exceeds
20$24,500.".
AB133-ASA1-CA1,341,4
1988. Page 947, line 11: delete lines 11 and 12 and substitute "by multiplying
2the amount of the prize by the highest rate applicable to
individuals under s. 71.06
3(1) or (1m) to the person who claims the prize. The administrator shall deposit the
4amounts".
AB133-ASA1-CA1,341,97
73.0301
(1) (d) 2. A license issued by the department of health and family
8services under s. 48.66 (1)
(a) to a child welfare agency, group home, shelter care
9facility or day care center, as required by s. 48.60, 48.625, 48.65 or 938.22 (7).".
AB133-ASA1-CA1,341,12
11"
Section 1798r. 73.03 (50) of the statutes is renumbered 73.03 (50) (intro.) and
12amended to read:
AB133-ASA1-CA1,341,1713
73.03
(50) (intro.) With the approval of the joint committee on finance, to
14establish fees for obtaining a business tax registration certificate, which, except as
15provided in s. 73.0302, is valid for 2 years, and for renewing that certificate and,
16except as provided in s. 73.0302, shall issue and renew those certificates if the person
17who wishes to obtain or renew a certificate
applies
does all of the following:
AB133-ASA1-CA1,341,18
18(a) Applies on a form that the department prescribes
; sets.
AB133-ASA1-CA1,341,22
19(b) Sets forth the name under which the applicant intends to operate, the
20location of the applicant's place of operations
, the social security number of the
21applicant if the applicant is a natural person and the other information that the
22department requires
; and, in.
AB133-ASA1-CA1,342,2
23(d) In the case of a sole proprietor, signs the form or, in the case of other persons,
24has an individual who is authorized to act on behalf of the person sign the form, or,
1in the case of a single-owner entity that is disregarded as a separate entity under
2section
7701 of the Internal Revenue Code, the person is the owner.
AB133-ASA1-CA1,342,104
73.03
(50) (c) In the case of an applicant who is an individual and who has a
5social security number, sets forth the social security number of the applicant or, in
6the case of an applicant who is an individual and who does not have a social security
7number, submits a statement made or subscribed under oath or affirmation that the
8applicant does not have a social security number. The form of the statement shall
9be prescribed by the department of workforce development. A certificate issued in
10reliance upon a false statement submitted under this paragraph is invalid.
AB133-ASA1-CA1,342,1312
73.0301
(2) (c) 1. a. If the license holder is an individual
and has a social
13security number, the license holder's social security number.
AB133-ASA1-CA1,342,1915
73.0301
(2) (c) 1. am. If the applicant is an individual and does not have a social
16security number, a statement made or subscribed under oath or affirmation that the
17applicant does not have a social security number. The form of the statement shall
18be prescribed by the department of workforce development. A license issued in
19reliance upon a false statement submitted under this subd. 1. am. is invalid.
AB133-ASA1-CA1,342,2521
73.0301
(2) (c) 2. A licensing department may not disclose any information
22received under subd. 1.
a. or b. to any person except to the department of revenue for
23the sole purpose of requesting certifications under par. (b) 2. in accordance with the
24memorandum of understanding under sub. (4) or to the department of workforce
25development for the purpose of administering s. 49.22.".
AB133-ASA1-CA1,343,85
73.0301
(1) (d) 6. A license or certificate of registration issued by the
6department of financial institutions, or a division of it, under s. 138.09, 138.12,
7217.06, 218.01, 218.02, 218.04, 218.05
or, 224.72
, 224.93 or under subch. III of ch.
8551.".
AB133-ASA1-CA1,343,15
14"
Section 1801n. 74.48 (1) of the statutes is renumbered 74.48 (1) (a) and
15amended to read:
AB133-ASA1-CA1,343,2416
74.48
(1) (a) If
a person who owns land that has been valued under s. 70.32 (2r)
17(b) is sold by a person who has owned it for less than 5 years and who has benefited
18from a value lower than that established by changes the use of the land so that the
19land is not valued under s. 70.32 (2r)
(a), there is imposed on that person a penalty
20equal to
5% of the difference between the
sale price of the agricultural land and the
21value that would be established for it under s. 70.32 (2r) (c) during property taxes
22that would have been levied on the land if the land had been assessed at full market
23value and the property taxes levied on the land for the last
year of the person's
24ownership 2 years that the land has been valued under s. 70.32 (2r).
AB133-ASA1-CA1,344,42
74.48
(1) (b) A person who owns land that has been valued under s. 70.32 (2r)
3and who sells the land, shall notify the buyer of the land that the land has been
4valued under s. 70.32 (2r).
AB133-ASA1-CA1,344,106
74.48
(2) Any amount due under sub. (1) shall be paid to the
department of
7revenue taxation district in which the land as described in sub. (1) is located. The
8taxation district shall distribute the amount to the taxing jurisdictions in which the
9land is located in proportion to the taxes levied by the taxing jurisdictions during the
102 years that the land has been valued under s. 70.32 (2r).
AB133-ASA1-CA1,344,1312
74.48
(3) The
department of revenue
taxation district in which the land as
13described in sub. (1) is located shall administer the penalty under this section.".
AB133-ASA1-CA1,345,2517
76.28
(1) (d) "Gross revenues" for a light, heat and power company other than
18a qualified wholesale electric company
or a transmission company means total
19operating revenues as reported to the public service commission except revenues for
20interdepartmental sales and for interdepartmental rents as reported to the public
21service commission and deductions from the sales and use tax under s. 77.61 (4),
22except that the company may subtract from revenues either the actual cost of power
23purchased for resale, as reported to the public service commission, by a light, heat
24and power company, except a municipal light, heat and power company, that
1purchases under federal or state approved wholesale rates more than 50% of its
2electric power from a person other than an affiliated interest, as defined in s. 196.52
3(1), if the revenue from that purchased electric power is included in the seller's gross
4revenues or the following percentages of the actual cost of power purchased for
5resale, as reported to the public service commission, by a light, heat and power
6company, except a municipal light, heat and power company that purchases more
7than 90% of its power and that has less than $50,000,000 of gross revenues: 10% for
8the fee assessed on May 1, 1988, 30% for the fee assessed on May 1, 1989, and 50%
9for the fee assessed on May 1, 1990, and thereafter. For a qualified wholesale electric
10company, "gross revenues" means total business revenues from those businesses
11included under par. (e) 1. to 4.
For a transmission company, "gross revenues" means
12total operating revenues as reported to the public service commission, except
13revenues for transmission service that is provided to a public utility that is subject
14to the license fee under sub. (2) (d), to a public utility, as defined in s. 196.01 (5), or
15to a cooperative association organized under ch. 185 for the purpose of providing
16electricity to its members only. For an electric utility, as defined in s. 16.957 (1) (g),
17"gross revenues" does not include public benefits fees collected by the electric utility
18under s. 16.957 (4) (a) or (5) (a). For a generator public utility, "gross revenues" does
19not include any grants awarded to the generator public utility under s. 16.958 (2) (b).
20For a wholesale supplier, as defined in s. 16.957 (1) (w), "gross revenues" does not
21include any public benefits fees that are received from a municipal utility or retail
22electric cooperative or under a joint program established under s. 16.957 (5) (f). For
23a municipal utility, "gross revenues" does not include public benefits fees received by
24the municipal utility from a municipal utility or retail electric cooperative under a
25joint program established under s. 16.957 (5) (f).
AB133-ASA1-CA1,346,102
76.28
(1) (e) (intro.) "Light, heat and power companies" means any person,
3association, company or corporation, including corporations described in s. 66.069 (2)
4and including, qualified wholesale electric companies
and transmission companies 5and except only business enterprises carried on exclusively either for the private use
6of the person, association, company or corporation engaged in them, or for the private
7use of a person, association, company or corporation owning a majority of all
8outstanding capital stock or who control the operation of business enterprises and
9except electric cooperatives taxed under s. 76.48 that engage in any of the following
10businesses:
AB133-ASA1-CA1,346,1212
76.28
(1) (e) 5. Transmitting electric current for light, heat or power.
AB133-ASA1-CA1,346,1414
76.28
(1) (eg) "Municipal utility" has the meaning given in s. 16.957 (1) (q).
AB133-ASA1-CA1,346,1716
76.28
(1) (gr) "Retail electric cooperative" has the meaning given in s. 16.957
17(1) (t).
AB133-ASA1-CA1,346,2019
76.28
(1) (j) "Transmission company" has the meaning given in s. 196.485 (1)
20(ge).
AB133-ASA1-CA1,346,2422
76.28
(2) (c) (intro.)
For Except as provided under par. (e), for private light, heat
23and power companies for 1986 and thereafter, an amount equal to the apportionment
24factor multiplied by the sum of:
AB133-ASA1-CA1,347,4
176.28
(2) (d)
For Except as provided under par. (e), for municipal light, heat and
2power companies, an amount equal to the gross revenues, except gross revenues from
3operations within the municipality that operates the company, multiplied by the
4rates under par. (b) or (c).
AB133-ASA1-CA1,347,76
76.28
(2) (e) For transmission companies, an amount equal to the gross
7revenues multiplied by the rates under par. (c).".
AB133-ASA1-CA1,348,210
76.48
(1g) (d) "Gross revenues" means total operating revenues, except
11revenues for interdepartmental sales and for interdepartmental rents, less
12deductions from the sales and use tax under s. 77.61 (4) and, in respect to any electric
13cooperative that purchases more than 50% of the power it sells, less the actual cost
14of power purchased for resale by an electric cooperative, if the revenue from that
15purchased electric power is included in the seller's gross revenues or if the electric
16cooperative purchased more than 50% of the power it sold in the year prior to January
171, 1988, from a seller located outside this state.
For an electric cooperative, "gross
18revenues" does not include grants awarded to the electric cooperative under s. 16.958
19(2) (b). For a retail electric cooperative, "gross revenues" does not include public
20benefits fees collected by the retail electric cooperative under s. 16.957 (5) (a), public
21benefits fees received by the retail electric cooperative from a retail electric
22cooperative or municipal utility under a joint program established under s. 16.957
23(5) (f). For a wholesale supplier, as defined in s. 16.957 (1) (w), "gross revenues" does
24not include any public benefits fees that are received from a municipal utility, as
1defined in s. 16.957 (1) (q), or retail electric cooperative or under a joint program
2established under s. 16.957 (5) (f).
AB133-ASA1-CA1,348,44
76.48
(1g) (dm) "Municipal utility" has the meaning given in s. 16.957 (1) (q).