SB1,878,1615
2. "Dairy manufacturing" means processing milk into dairy products or
16processing dairy products for sale commercially.
SB1,878,2117
3. "Dairy manufacturing modernization or expansion" means constructing,
18improving, or acquiring buildings or facilities, or acquiring equipment, for dairy
19manufacturing, including the following, if used exclusively for dairy manufacturing
20and if acquired and placed in service in this state during taxable years that begin
21after December 31, 2006, and before January 1, 2015:
SB1,878,2222
a. Building construction, including storage and warehouse facilities.
SB1,878,2323
b. Building additions.
SB1,878,2424
c. Upgrades to utilities, including water, electric, heat, and waste facilities.
SB1,878,2525
d. Milk intake and storage equipment.
SB1,879,3
1e. Processing and manufacturing equipment, including pipes, motors, pumps,
2valves, pasteurizers, homogenizers, vats, evaporators, dryers, concentrators, and
3churns.
SB1,879,54
f. Packaging and handling equipment, including sealing, bagging, boxing,
5labeling, conveying, and product movement equipment.
SB1,879,66
g. Warehouse equipment, including storage racks.
SB1,879,97
h. Waste treatment and waste management equipment, including tanks,
8blowers, separators, dryers, digesters, and equipment that uses waste to produce
9energy, fuel, or industrial products.
SB1,879,1210
i. Computer software and hardware used for managing the claimant's dairy
11manufacturing operation, including software and hardware related to logistics,
12inventory management, and production plant controls.
SB1,879,1413
4. "Used exclusively" means used to the exclusion of all other uses except for
14use not exceeding 5 percent of total use.
SB1,879,2015
(b)
Filing claims. Subject to the limitations provided in this subsection and s.
16560.207, for taxable years beginning after December 31, 2006, and before January
171, 2015, a claimant may claim as a credit against the taxes imposed under s. 71.02
18or 71.08, up to the amount of the tax, an amount equal to 10 percent of the amount
19the claimant paid in the taxable year for dairy manufacturing modernization or
20expansion related to the claimant's dairy manufacturing operation.
SB1,879,2321
(c)
Limitations. 1. No credit may be allowed under this subsection for any
22amount that the claimant paid for expenses described under par. (b) that the
23claimant also claimed as a deduction under section
162 of the Internal Revenue Code.
SB1,879,2524
2. The aggregate amount of credits that a claimant may claim under this
25subsection is $200,000.
SB1,880,3
12m. a. The maximum amount of the credits that may be claimed under this
2subsection and ss. 71.28 (3p) and 71.47 (3p) in fiscal year 2007-08 is $600,000, as
3allocated under s. 560.207.
SB1,880,64
b. The maximum amount of the credits that may be claimed under this
5subsection and ss. 71.28 (3p) and 71.47 (3p) in fiscal year 2008-09, and in each fiscal
6year thereafter, is $700,000, as allocated under s. 560.207.
SB1,880,157
3. Partnerships, limited liability companies, and tax-option corporations may
8not claim the credit under this subsection, but the eligibility for, and the amount of,
9the credit are based on their payment of expenses under par. (b), except that the
10aggregate amount of credits that the entity may compute shall not exceed $200,000.
11A partnership, limited liability company, or tax-option corporation shall compute
12the amount of credit that each of its partners, members, or shareholders may claim
13and shall provide that information to each of them. Partners, members of limited
14liability companies, and shareholders of tax-option corporations may claim the
15credit in proportion to their ownership interest.
SB1,880,1916
4. If 2 or more persons own and operate the dairy manufacturing operation,
17each person may claim a credit under par. (b) in proportion to his or her ownership
18interest, except that the aggregate amount of the credits claimed by all persons who
19own and operate the dairy manufacturing operation shall not exceed $200,000.
SB1,880,2120
(d)
Administration. 1. Section 71.28 (4) (e), (g), and (h), as it applies to the credit
21under s. 71.28 (4), applies to the credit under this subsection.
SB1,881,222
2. If the allowable amount of the claim under par. (b) exceeds the tax otherwise
23due under s. 71.02 or 71.08 or no tax is due under s. 71.02 or 71.08, the amount of the
24claim not used to offset the tax due shall be certified by the department of revenue
1to the department of administration for payment by check, share draft, or other draft
2drawn from the appropriation account under s. 20.835 (2) (bn).
SB1, s. 1967
3Section
1967. 71.07 (3w) (a) 5m. of the statutes is created to read:
SB1,881,54
71.07
(3w) (a) 5m. "Wages" means wages under section
3306 (b) of the Internal
5Revenue Code, determined without regard to any dollar limitations.
SB1, s. 1968
6Section
1968. 71.07 (3w) (a) 6. of the statutes is amended to read:
SB1,881,117
71.07
(3w) (a) 6. "Zone payroll" means the amount of state payroll that is
8attributable to
compensation wages paid to
individuals full-time employees for
9services that are performed in
a an enterprise zone. "Zone payroll" does not include
10the amount of
compensation wages paid to any
individuals full-time employees that
11exceeds $100,000.
SB1, s. 1969
12Section
1969. 71.07 (3w) (b) 1. a. of the statutes is amended to read:
SB1,881,1813
71.07
(3w) (b) 1. a. The
claimant's zone payroll in the taxable year, minus the
14claimant's zone payroll number of full-time employees whose annual wages are
15greater than $30,000 and who the claimant employed in the enterprise zone in the
16taxable year, minus the number of full-time employees whose annual wages were
17greater than $30,000 and who the claimant employed in the area that comprises the
18enterprise zone in the base year.
SB1, s. 1970
19Section
1970. 71.07 (3w) (b) 1. b. of the statutes is amended to read:
SB1,881,2420
71.07
(3w) (b) 1. b. The
claimant's state payroll in the taxable year, minus the
21claimant's state payroll number of full-time employees whose annual wages are
22greater than $30,000 and who the claimant employed in the state in the taxable year,
23minus the number of full-time employees whose annual wages were greater than
24$30,000 and who the claimant employed in the state in the base year.
SB1, s. 1971
25Section
1971. 71.07 (3w) (b) 2. of the statutes is amended to read:
SB1,882,6
171.07
(3w) (b) 2.
Subtract the number of Determine the claimant's average
2zone payroll by dividing total wages for full-time employees
that whose annual
3wages are greater than $30,000 and who the claimant employed in
the area that
4comprises the enterprise zone in the
base taxable year
from by the number of
5full-time employees
that whose annual wages are greater than $30,000 and who the
6claimant employed in the enterprise zone in the taxable year.
SB1, s. 1972
7Section
1972. 71.07 (3w) (b) 3. of the statutes is amended to read:
SB1,882,98
71.07
(3w) (b) 3.
Multiply Subtract $30,000 from the amount determined under
9subd. 2.
, but not an amount less than zero, by $30,000.
SB1, s. 1973
10Section
1973. 71.07 (3w) (b) 4. of the statutes is amended to read:
SB1,882,1211
71.07
(3w) (b) 4.
Subtract Multiply the amount determined under subd. 3.
from 12by the amount determined under subd. 1.
SB1, s. 1974
13Section
1974. 71.07 (3w) (bm) (intro.) and 4. of the statutes are consolidated,
14renumbered 71.07 (3w) (bm) and amended to read:
SB1,882,2415
71.07
(3w) (bm)
Filing supplemental claims. In addition to the credit under
16par. (b) and subject to the limitations provided in this subsection and s. 560.799, a
17claimant may claim as a credit against the tax imposed under s. 71.02 or 71.08 an
18amount equal to
all of the following: 4. The the amount the claimant paid in the
19taxable year to upgrade or improve the
job-related skills of any of the claimant's
20full-time employees, to train any of the claimant's full-time employees on the use
21of
job-related new technologies, or to
train provide job-related training to any
22full-time employee whose employment with the claimant represents the employee's
23first full-time job. This subdivision does not apply to employees who do not work in
24 a an enterprise zone.
SB1, s. 1975
25Section
1975. 71.07 (3w) (bm) 3. of the statutes is repealed.
SB1, s. 1976
1Section
1976. 71.07 (3w) (d) of the statutes is amended to read:
SB1,883,52
71.07
(3w) (d)
Administration. Section 71.28 (4) (g) and (h), as it applies to the
3credit under s. 71.28 (4), applies to the credit under this subsection.
Claimants shall
4include with their returns a copy of their certification for tax benefits, and a copy of
5the verification of their expenses, from the department of commerce.
SB1, s. 1976s
6Section 1976s. 71.07 (5) (a) 15. of the statutes is amended to read:
SB1,883,127
71.07
(5) (a) 15. The amount claimed as a deduction for medical care insurance
8under section
213 of the Internal Revenue Code that is exempt from taxation under
9s. 71.05 (6) (b) 17. to 20., 35., 36., 37.,
and 38.
, 39., 40., 41., and 42. and the amount
10claimed as a deduction for a long-term care insurance policy under section
213 (d)
11(1) (D) of the Internal Revenue Code, as defined in section
7702B (b) of the Internal
12Revenue Code that is exempt from taxation under s. 71.05 (6) (b) 26.
SB1, s. 1977
13Section
1977. 71.07 (5b) (c) 1. of the statutes is amended to read:
SB1,883,1614
71.07
(5b) (c) 1.
The Except as provided in s. 73.03 (63), the maximum amount
15of the credits that may be claimed under this subsection and ss. 71.28 (5b) and 71.47
16(5b) for all taxable years combined is
$35,000,000
$52,500,000.
SB1, s. 1978
17Section
1978. 71.07 (5b) (d) of the statutes is renumbered 71.07 (5b) (d) 1.
SB1, s. 1979
18Section
1979. 71.07 (5b) (d) 2. of the statutes is created to read:
SB1,883,2419
71.07
(5b) (d) 2. The Wisconsin adjusted basis of any investment for which a
20credit is claimed under par. (b) shall be reduced by the amount of the credit that is
21offset against Wisconsin income taxes. The Wisconsin basis of a partner's interest
22in a partnership, a member's interest in a limited liability company, or stock in a
23tax-option corporation shall be adjusted to reflect adjustments made under this
24subdivision.
SB1, s. 1980
25Section
1980. 71.07 (5d) (c) 1. of the statutes is amended to read:
SB1,884,3
171.07
(5d) (c) 1.
The Except as provided in s. 73.03 (63), the maximum amount
2of the credits that may be claimed under this subsection for all taxable years
3combined is
$30,000,000 $47,500,000.
SB1, s. 1981
4Section
1981. 71.07 (5d) (c) 2. of the statutes is amended to read:
SB1,884,75
71.07
(5d) (c) 2. The maximum amount of a claimant's investment that may be
6used as the basis for a credit under this subsection is
$500,000 $2,000,000 for each
7investment made directly in a business certified under s. 560.205 (1).
SB1, s. 1982
8Section
1982. 71.07 (5d) (d) 4. of the statutes is created to read:
SB1,884,119
71.07
(5d) (d) 4. The Wisconsin adjusted basis of any investment for which a
10credit is claimed under par. (b) shall be reduced by the amount of the credit that is
11offset against Wisconsin income taxes.
SB1, s. 1983
12Section
1983. 71.07 (5e) (b) of the statutes is amended to read:
SB1,884,2013
71.07
(5e) (b)
Filing claims. Subject to the limitations provided in this
14subsection and subject to
2005 Wisconsin Act 479, section
17, beginning in the first
15taxable year following the taxable year in which the claimant claims
an exemption 16a deduction under s.
77.54 (48)
77.585 (9), a claimant may claim as a credit against
17the taxes imposed under ss. 71.02 and 71.08, up to the amount of those taxes, in each
18taxable year for 2 years, the amount certified by the department of commerce that
19resulted from the claimant
claimed as an exemption claiming a deduction under s.
2077.54 (48) 77.585 (9).
SB1, s. 1984
21Section
1984. 71.07 (5e) (c) 1. of the statutes is amended to read:
SB1,884,2322
71.07
(5e) (c) 1. No credit may be allowed under this subsection unless the
23claimant satisfies the requirements under s.
77.54 (48) 77.585 (9).
SB1, s. 1985
24Section
1985. 71.07 (5e) (c) 3. of the statutes is amended to read:
SB1,885,4
171.07
(5e) (c) 3. The total amount of the credits and
exemptions the sales and
2use tax resulting from the deductions claimed under s. 77.585 (9) that may be claimed
3by all claimants under this subsection and ss. 71.28 (5e), 71.47 (5e), and
77.54 (48) 477.585 (9) is $7,500,000, as determined by the department of commerce.
SB1, s. 1986
5Section
1986. 71.07 (5h) (a) 4. of the statutes is amended to read:
SB1,885,136
71.07
(5h) (a) 4. "Previously owned property" means real property that the
7claimant or a related person owned during the 2 years prior to doing business in this
8state as a film production company and for which the claimant may not deduct a loss
9from the sale of the property to, or an exchange of the property with, the related
10person under section
267 of the Internal Revenue Code
, except that section 267 of the
11Internal Revenue Code is modified so that if the claimant owns any part of the
12property, rather than 50 percent ownership, the claimant is subject to section 267 of
13the Internal Revenue Code for purposes of this subsection.
SB1, s. 1987
14Section
1987. 71.07 (5h) (c) 2. of the statutes is amended to read:
SB1,885,1915
71.07
(5h) (c) 2. A claimant may claim the credit under par. (b) 2. for an amount
16expended to construct, rehabilitate, remodel, or repair real property, if the claimant
17began the physical work of construction, rehabilitation, remodeling, or repair, or any
18demolition or destruction in preparation for the physical work, after December 31,
192007,
or if and the completed project is placed in service after December 31, 2007.
SB1, s. 1988
20Section
1988. 71.07 (5h) (c) 3. of the statutes is amended to read:
SB1,885,2421
71.07
(5h) (c) 3. A claimant may claim the credit under par. (b) 2. for an amount
22expended to acquire real property, if the property is not previously owned property
23and if the claimant acquires the property after December 31, 2007,
or if and the
24completed project is placed in service after December 31, 2007.
SB1, s. 1989
25Section
1989. 71.07 (5i) of the statutes is created to read:
SB1,886,2
171.07
(5i) Electronic medical records credit. (a)
Definitions. In this
2subsection, "claimant" means a person who files a claim under this subsection.
SB1,886,93
(b)
Filing claims. Subject to the limitations provided in this subsection, for
4taxable years beginning after December 31, 2009, a claimant may claim as a credit
5against the taxes imposed under s. 71.02, up to the amount of those taxes, an amount
6equal to 50 percent of the amount the claimant paid in the taxable year for
7information technology hardware or software that is used to maintain medical
8records in electronic form, if the claimant is a health care provider, as defined in s.
9146.81 (1).
SB1,886,1210
(c)
Limitations. 1. The maximum amount of the credits that may be claimed
11under this subsection and ss. 71.28 (5i) and 71.47 (5i) in a taxable year is
12$10,000,000, as allocated under s. 560.204.
SB1,886,2013
2. Partnerships, limited liability companies, and tax-option corporations may
14not claim the credit under this subsection, but the eligibility for, and the amount of,
15the credit are based on their payment of amounts under par. (b). A partnership,
16limited liability company, or tax-option corporation shall compute the amount of
17credit that each of its partners, members, or shareholders may claim and shall
18provide that information to each of them. Partners, members of limited liability
19companies, and shareholders of tax-option corporations may claim the credit in
20proportion to their ownership interests.
SB1,886,2221
(d)
Administration. Section 71.28 (4) (e) to (h), as it applies to the credit under
22s. 71.28 (4), applies to the credit under this subsection.
SB1, s. 1990
23Section
1990. 71.07 (5j) of the statutes is created to read:
SB1,886,2524
71.07
(5j) Ethanol and biodiesel fuel pump credit. (a)
Definitions. In this
25subsection:
SB1,887,1
11. "Biodiesel fuel" has the meaning given in s. 168.14 (2m) (a).
SB1,887,22
2. "Claimant" means a person who files a claim under this subsection.
SB1,887,33
3. "Motor vehicle fuel" has the meaning given in s. 78.005 (13).
SB1,887,104
(b)
Filing claims. Subject to the limitations provided in this subsection, for
5taxable years beginning after December 31, 2007, and before January 1, 2018, a
6claimant may claim as a credit against the taxes imposed under s. 71.02, up to the
7amount of the taxes, an amount that is equal to 25 percent of the amount that the
8claimant paid in the taxable year to install or retrofit pumps located in this state that
9dispense motor vehicle fuel consisting of at least 85 percent ethanol or at least 20
10percent biodiesel fuel.
SB1,887,1411
(c)
Limitations. 1. The maximum amount of the credit that a claimant may
12claim under this subsection in a taxable year is an amount that is equal to $5,000 for
13each service station for which the claimant has installed or retrofitted pumps as
14described under par. (b).
SB1,887,2215
2. Partnerships, limited liability companies, and tax-option corporations may
16not claim the credit under this subsection, but the eligibility for, and the amount of,
17the credit are based on their payment of amounts under par. (b). A partnership,
18limited liability company, or tax-option corporation shall compute the amount of
19credit that each of its partners, members, or shareholders may claim and shall
20provide that information to each of them. Partners, members of limited liability
21companies, and shareholders of tax-option corporations may claim the credit in
22proportion to their ownership interests.
SB1,887,2423
(d)
Administration. Section 71.28 (4) (e) to (h), as it applies to the credit under
24s. 71.28 (4), applies to the credit under this subsection.
SB1, s. 1990m
25Section 1990m. 71.07 (5k) of the statutes is created to read:
SB1,888,2
171.07
(5k) Community rehabilitation program credit. (a)
Definitions. In this
2subsection:
SB1,888,33
1. "Claimant" means a person who files a claim under this subsection.
SB1,888,84
2. "Community rehabilitation program" means a nonprofit entity, county,
5municipality, or state or federal agency that directly provides, or facilitates the
6provision of, vocational rehabilitation services to individuals who have disabilities
7to maximize the employment opportunities, including career advancement, of such
8individuals.
SB1,888,109
3. "Vocational rehabilitation services" include education, training,
10employment, counseling, therapy, placement, and case management.
SB1,888,1311
4. "Work" includes production, packaging, assembly, food service, custodial
12service, clerical service, and other commercial activities that improve employment
13opportunities for individuals who have disabilities.
SB1,888,1914
(b)
Filing claims. Subject to the limitations provided in this subsection, for
15taxable years beginning after July 1, 2009, a claimant may claim as a credit against
16the tax imposed under s. 71.02, up to the amount of those taxes, an amount equal to
175 percent of the amount the claimant paid in the taxable year to a community
18rehabilitation program to perform work for the claimant's business, pursuant to a
19contract.
SB1,888,2320
(c)
Limitations. 1. The maximum amount of the credit that any claimant may
21claim under this subsection in a taxable year is $25,000 for each community
22rehabilitation program for which the claimant enters into a contract to have the
23community rehabilitation program perform work for the claimant's business.
SB1,889,324
2. No credit may be claimed under this subsection unless the claimant submits
25with the claimant's return a form, as prescribed by the department of revenue, that
1verifies that the claimant has entered into a contract with a community
2rehabilitation program and that the program has received payment from the
3claimant for work provided by the program, consistent with par. (b).