Amendment AA2-AB380

AB380-AA2,5,9 " Section 14m. 71.25 (6) (am) of the statutes is created to read:

AB380-AA2,5,14 71.25 (6) (am) For taxable years beginning after December 31, 2002, and before January 1, 2004, an apportionment fraction composed of a sales factor under sub. (9) representing 55% of the fraction, a property factor under sub. (7) representing 22.5% of the fraction, and a payroll factor under sub. (8) representing 22.5% of the fraction.".

AB380-AA2,5,15 16. Page 7, line 18: delete "2002" and substitute "2003".

AB380-AA2,5,16 17. Page 7, line 19: delete "2004" and substitute "2005".

AB380-AA2,5,17 18. Page 7, line 23: delete "2003" and substitute "2004".

AB380-AA2,5,18 19. Page 7, line 24: delete "2005" and substitute "2006".

AB380-AA2,5,19 20. Page 8, line 4: delete "2004" and substitute "2005".

AB380-AA2,5,20 21. Page 8, line 8: delete "2005" and substitute "2006".

AB380-AA2,5,21 22. Page 8, line 11: delete "2004" and substitute "2005".

AB380-AA2,5,22 23. Page 8, line 16: delete "2005" and substitute "2006".

AB380-AA2,6,1 24. Page 8, line 19: delete "2005" and substitute "2006".

AB380-AA2,6,2 25. Page 10, line 11: delete "2004" and substitute "2005".

AB380-AA2,6,3 26. Page 12, line 10: delete "60%" and substitute "55%".

AB380-AA2,6,4 27. Page 12, line 11: delete "40%" and substitute "45%".

AB380-AA2,6,5 28. Page 12, line 11: after that line insert:

AB380-AA2,6,11 "(am) For taxable years beginning after December 31, 2003, and before January 1, 2005, a domestic insurer that is subject to apportionment under sub. (3) and this subsection shall multiply the net income figure derived by the application of sub. (2) by an apportionment fraction composed of the percentage under sub. (3) (a) representing 60% of the fraction and the percentage under sub. (3) (b) 1. representing 40% of the fraction.".

AB380-AA2,6,12 29. Page 12, line 12: delete "2003" and substitute "2004".

AB380-AA2,6,13 30. Page 12, line 13: delete "2005" and substitute "2006".

AB380-AA2,6,14 31. Page 12, line 18: delete "2004" and substitute "2005".

AB380-AA2,6,15 32. Page 13, line 5: after that line insert:

AB380-AA2,6,16 " Section 29d. 77.66 of the statutes is created to read:

AB380-AA2,6,21 77.66 Refusal to collect taxes; certification. The secretary of revenue shall determine and periodically certify to the secretary of administration the names of persons, and affiliates, as defined in s. 16.70 (1b), of persons, who refuse to collect and remit the taxes imposed under ss. 77.52 and 77.53 on their sales delivered to this state.

AB380-AA2, s. 29m Section 29m. 146.185 (1) (i) of the statutes is amended to read:

AB380-AA2,6,23 146.185 (1) (i) "State agency" has the meaning given in s. 16.70 (1) (1e).".

AB380-AA2,7,1 33. Page 13, line 12: after that line insert:

AB380-AA2,7,2 "(2mx) Vacant positions in the executive branch of state government.

AB380-AA2,7,3 (a) In this subsection:

AB380-AA2,7,4 1. "Secretary" means the secretary of administration.

AB380-AA2,7,7 2. "State agency" means any office, department, or independent agency in the executive branch of government, other than the board of regents of the University of Wisconsin System.

AB380-AA2,7,16 (b) No later than 30 days after the effective date of this paragraph, the secretary shall determine for each state agency the number of FTE positions that are funded from program revenue and that have been vacant since the first day of the 9th month immediately preceding the effective date of this paragraph, other than any position authorized to perform duties in a state institution or facility that has not been completed or has not begun operations as of July 1, 2001. The secretary shall also determine the annual salary and fringe benefits costs for such positions and shall identify the program revenue appropriations from which these costs are paid during the 2001-02 fiscal year.

AB380-AA2,7,20 (c) 1. During the 2002-03 fiscal year, the secretary shall lapse to the general fund from program revenue appropriations identified in paragraph (b) an amount equivalent to $1,523,900. The secretary shall determine from which appropriations the amount shall be lapsed.

AB380-AA2,8,2 2. Each sum certain appropriation for the 2002-03 fiscal year from which an amount is lapsed under subdivision 1. is decreased by the amount of any lapse. Each continuing appropriation for the 2002-03 fiscal year from which an amount is lapsed under subdivision 1. is reestimated to subtract from such estimate the amount of any lapse.

AB380-AA2,8,4 (d) The secretary shall notify the joint committee on finance of all actions taken under paragraphs (b) and (c).".

AB380-AA2,8,5 (End)