SECTION 1. 71.07 (5b) (c) 1. of the statutes is amended to read:
71.07 (5b) (c) 1. The Except as provided in s. 73.03 (63), the maximum amount of the credits that may be claimed under this subsection and ss. 71.28 (5b) and 71.47 (5b) for all taxable years combined is $35,000,000 $52,500,000.
SECTION 2. 71.07 (5d) (c) 1. of the statutes is amended to read:
71.07 (5d) (c) 1. The Except as provided in s. 73.03 (63), the maximum amount of the credits that may be claimed under this subsection for all taxable years combined is $30,000,000 $47,500,000.
SECTION 3. 71.07 (5d) (c) 2. of the statutes is amended to read:
71.07 (5d) (c) 2. The maximum amount of a claimant's investment that may be used as the basis for a credit under this subsection is $500,000 $2,000,000 for each investment made directly in a business certified under s. 560.205 (1).
SECTION 4. 71.28 (5b) (c) 1. of the statutes is amended to read:
71.28 (5b) (c) 1. The Except as provided in s. 73.03 (63), the maximum amount of the credits that may be claimed under this subsection and ss. 71.07 (5b) and 71.47 (5b) for all taxable years combined is $35,000,000 $52,500,000.
SECTION 5. 71.47 (5b) (c) 1. of the statutes is amended to read:
71.47 (5b) (c) 1. The Except as provided in s. 73.03 (63), the maximum amount of the credits that may be claimed under this subsection and ss. 71.07 (5b) and 71.28 (5b) for all taxable years combined is $35,000,000 $52,500,000.
SECTION 6. 73.03 (63) of the statutes is created to read:
73.03 (63) Notwithstanding the amount limitations specified under ss. 71.07 (5b) (c) 1. and (5d) (c) 1., 71.28 (5b) (c) 1., 71.47 (5b) (c) 1., and 560.205 (3) (d), in consultation with the department of commerce, to carry forward to subsequent taxable years unclaimed credit amounts of the early stage seed investment credits under ss. 71.07 (5b), 71.28 (5b), and 71.47 (5b) and the angel investment credit under s. 71.07 (5d). Annually, no later than July 1, the department of commerce shall submit to the department of revenue its recommendations for the carry forward of credit amounts as provided under this subsection.
SECTION 7. 560.205 (3) (d) of the statutes is amended to read:
560.205 (3) (d) Rules. The department of commerce, in consultation with the department of revenue, shall promulgate rules to administer this section. The rules shall further define "bona fide angel investment" for purposes of s. 71.07 (5d) (a) 1. The rules shall limit the aggregate amount of tax credits under s. 71.07 (5d) that may be claimed for investments in businesses certified under sub. (1) at $3,000,000 per calendar year for calendar years beginning after December 31, 2004. The, and $5,500,000 per calendar year for calendar years beginning after December 31, 2007. The rules shall also limit the aggregate amount of the tax credits under ss. 71.07 (5b), 71.28 (5b), and 71.47 (5b) that may be claimed for investments paid to fund managers certified under sub. (2) at $3,500,000 per calendar year for calendar years beginning after December 31, 2004, and $6,000,000 per calendar year for calendar years beginning after December 31, 2007. The rules shall also provide that, for calendar years beginning after December 31, 2007, no person may receive a credit under ss. 71.07 (5b) and (5d), 71.28 (5b), or 71.47 (5b) unless the person's investment is kept in a certified business, or with a certified fund manager, for no less than 3 years.
(End)
LRB-1365LRB-1365/2
MDK&PG:jld:nwn
2007 - 2008 LEGISLATURE
DOA:......Binau, BB0299 - Permitting UW and technical colleges to grant nonresident tuition remission for undocumented aliens
For 2007-09 Budget -- Not Ready For Introduction
2007 BILL
AN ACT ...; relating to: the budget.
Analysis by the Legislative Reference Bureau
Education
Higher education
Generally, current law allows a UW System student who has been a bona fide Wisconsin resident for the 12 months preceding the beginning of a semester or session for which the student registers to pay resident, as opposed to nonresident, tuition.
This bill allows an alien who is not a legal permanent resident of the United States to pay resident, as opposed to nonresident, tuition if: 1) he or she graduated from a Wisconsin high school or received a high school graduation equivalency from Wisconsin; 2) was continuously present in Wisconsin for at least one year following the first day of attending a Wisconsin high school; and 3) enrolls in a UW System institution and provides the institution with an affidavit stating that he or she has filed or will file an application for permanent residency with U.S. Citizenship and Immigration Services as soon as the person is eligible to do so.
The bill also provides that such persons are to be considered residents of this state for purposes of admission to and payment of fees at a technical college.
For further information see the state fiscal estimate, which will be printed as an appendix to this bill.
The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:
SECTION 1. 36.27 (2) (cr) of the statutes is created to read:
36.27 (2) (cr) A person who is a citizen of a country other than the United States is entitled to the exemption under par. (a) if that person meets all of the following requirements:
1. The person graduated from a high school in this state or received a high school graduation equivalency from this state.
2. The person was continuously present in this state for at least one year following the first day of attending a high school in this state.
3. The person enrolls in an institution and provides that institution with an affidavit stating that the person has filed or will file an application for a permanent resident visa with U.S. Citizenship and Immigration Services as soon as the person is eligible to do so.
SECTION 2. 38.22 (6) (e) of the statutes is created to read:
38.22 (6) (e) Any person who is a citizen of a country other than the United States if that person meets all of the following requirements:
1. The person graduated from a high school in this state or received a high school graduation equivalency from this state.
2. The person was continuously present in this state for at least 3 years following the first day of attending a high school in this state.
3. The person enrolls in a district school and provides the district board with an affidavit stating that the person has filed or will file an application for a permanent resident visa with U.S. Citizenship and Immigration Services as soon as the person is eligible to do so.
SECTION 9346. Initial applicability; Technical College System.
(1) TUITION EXEMPTION FOR ALIENS. The treatment of section 38.22 (6) (e) of the statutes first applies to persons who enroll for the semester or session following the effective date of this subsection.
SECTION 9352. Initial applicability; University of Wisconsin System.
(1) TUITION EXEMPTION FOR ALIENS. The treatment of section 36.27 (2) (cr) of the statutes first applies to persons who enroll for the semester or session following the effective date of this subsection.
(End)
LRB-1366LRB-1366/1
MGG:lmk:rs
2007 - 2008 LEGISLATURE
DOA:......Griffin, BB0291 - Repeal of provisions relating to education contracts for builders and consumers
For 2007-09 Budget -- Not Ready For Introduction
2007 BILL
AN ACT ...; relating to: the budget.
Analysis by the Legislative Reference Bureau
commerce and economic development
Buildings and safety
Under current law, the Department of Commerce (department) is required to contract with private organizations to provide education concerning construction standards, inspection requirements, and business practices to builders of one- and two-family dwellings. The department is also required to provide education regarding the process involved in the building of these dwellings to consumers. This bill eliminates the requirement that the department provide education to builders concerning building practices and eliminates the requirement that education be provided to consumers. As to education concerning construction standards and inspection requirements, the department is authorized to enter such a contract, but is not required to do so.
For further information see the state fiscal estimate, which will be printed as an appendix to this bill.
The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:
SECTION 1. 101.654 (1m) (e) of the statutes is amended to read:
101.654 (1m) (e) The continuing education approved by the department under par. (b) 1. shall include courses offered by private organizations with whom the department contracts under s. 101.657. The department may approve courses that are offered by other states.
SECTION 2. 101.657 (title) of the statutes is amended to read:
101.657 (title) Education contracts for builders and consumers.
SECTION 3. 101.657 (1) of the statutes is amended to read:
101.657 (1) The department shall may contract with a private organization to provide education regarding construction standards and inspection requirements under this subchapter and under rules promulgated under this subchapter to builders of dwellings in this state.
SECTION 4. 101.657 (2) of the statutes is repealed.
SECTION 5. 101.657 (3) of the statutes is repealed.
SECTION 6. 101.657 (4) of the statutes is amended to read:
101.657 (4) Each contract under sub. (1), (2), and (3) shall be a separate contract. The department is limited for these contracts to contracting only with organizations that are may only contract with an organization under this section if the organization is described in section 501 (c) (6) of the Internal Revenue Code and are is exempt from federal income tax under section 501 (a) of the Internal Revenue Code.
SECTION 7. 101.657 (5) of the statutes is repealed.
(End)
LRB-1372LRB-1372/2
ARG&RCT:cjs:jf
2007 - 2008 LEGISLATURE
DOA:......Kornely, BB0328 - Motor vehicle emission and inspection program
For 2007-09 Budget -- Not Ready For Introduction
2007 BILL
AN ACT ...; relating to: motor vehicle emission inspections and granting rule-making authority.
Analysis by the Legislative Reference Bureau
transportation
Drivers and motor vehicles
Current law requires DOT to conduct a motor vehicle emission inspection and maintenance program (I/M program) in counties in which the air quality does not meet certain federal standards. Under the I/M program, most motor vehicles that are subject to emission limitations established by DNR must pass periodic emission inspections and may not be registered by DOT unless they have passed these inspections. Certain motor vehicles are exempt from emission inspections, including vehicles of model year 1967 or earlier, vehicles weighing more than 10,000 pounds, and vehicles powered by diesel fuel. Most nonexempt motor vehicles must undergo an initial emission inspection in the fourth year after the vehicle's model year and additional emission inspections every two years thereafter. DOT is required to contract with third parties to perform vehicle emission inspections under the I/M program.
This bill modifies certain criteria for determining whether a motor vehicle is exempt from emission inspections. The bill exempts vehicles of model year 1967 to model year 1995. The bill also eliminates the exemption for vehicles of model year 2007 or later that weigh between 10,001 pounds and 14,000 pounds and for vehicles of model year 2007 or later that are powered by diesel fuel.
The bill allows DOT to authorize or require third-party contractors to install and operate self-service inspection stations, at which the contractor may use different methods for emissions testing and equipment inspection than those used at inspection stations that are not self-service. The bill also allows DOT to establish methods for emissions inspections in addition to inspections by third-party contractors, which may include the installation and operation by DOT of self-service inspection stations and the utilization of any technology related to emissions or data transmission with which vehicles may be equipped. Any methods for emissions testing and equipment inspection applicable to self-service inspection stations must apply equally to self-service inspection stations operated by contractors and to those operated by DOT. DOT must prescribe by rule the procedure for any additional emissions inspection methods.
For further information see the state fiscal estimate, which will be printed as an appendix to this bill.
The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:
SECTION 1. 110.20 (7) of the statutes is amended to read:
110.20 (7) VOLUNTARY INSPECTIONS. The inspection and maintenance program shall require inspection of any nonexempt vehicle which a person presents for inspection at an inspection station or at any other location where, as established under sub. (8) (bm), the vehicle may be inspected.
SECTION 2. 110.20 (8) (title) of the statutes is amended to read:
110.20 (8) (title) CONTRACTORS AND OTHER INSPECTION METHODS.
SECTION 3. 110.20 (8) of the statutes is renumbered 110.20 (8) (am), and 110.20 (8) (am) 1., as renumbered, is amended to read:
110.20 (8) (am) 1. The emissions test and equipment inspection of nonexempt vehicles shall may be performed by persons under contract with the department. The Each such contract shall require the contractor to operate inspection stations for a minimum of 3 years and shall provide for equitable compensation to the contractor if the operation of an inspection and maintenance program within any county is terminated within 3 years after the inspection and maintenance program in the county is begun. No officer, director or employee of the contractor may be an employee of the department or a person engaged in the business of selling, maintaining or repairing motor vehicles or of selling motor vehicle replacement or repair parts. The department shall require the contractor to operate a sufficient number of inspection stations, permanent or mobile, to ensure public convenience in those counties identified under sub. (5).
SECTION 4. 110.20 (8) (am) 1m. of the statutes is created to read:
110.20 (8) (am) 1m. Each contract under subd. 1. may authorize or require the contractor to install and operate self-service inspection stations and may allow the use of different methods for emissions testing and equipment inspection, consistent with methods established under par. (bm), than those used at inspection stations that are not self-service.
SECTION 5. 110.20 (8) (bm) of the statutes is created to read:
110.20 (8) (bm) The department may establish methods for emissions testing and equipment inspection of nonexempt vehicles in addition to testing and inspection by contractors. These methods may include the installation and operation by the department of self-service inspection stations and the utilization of any technology related to emissions or data transmission with which motor vehicles may be equipped. The department may establish methods for emissions testing and equipment inspection specifically applicable to self-service inspection stations, which methods shall apply equally to self-service inspection stations operated by contractors under par. (am) 1m. and self-service inspection stations operated by the department under this paragraph.
