SB1,942,1010
1. "Claimant" means a person who files a claim under this subsection.
SB1,942,1511
2. "Community rehabilitation program" means a nonprofit entity, county,
12municipality, or state or federal agency that directly provides, or facilitates the
13provision of, vocational rehabilitation services to individuals who have disabilities
14to maximize the employment opportunities, including career advancement, of such
15individuals.
SB1,942,1716
3. "Vocational rehabilitation services" include education, training,
17employment, counseling, therapy, placement, and case management.
SB1,942,2018
4. "Work" includes production, packaging, assembly, food service, custodial
19service, clerical service, and other commercial activities that improve employment
20opportunities for individuals who have disabilities.
SB1,943,221
(b)
Filing claims. Subject to the limitations provided in this subsection, for
22taxable years beginning after July 1, 2009, a claimant may claim as a credit against
23the tax imposed under s. 71.23, up to the amount of those taxes, an amount equal to
245 percent of the amount the claimant paid in the taxable year to a community
1rehabilitation program to perform work for the claimant's business, pursuant to a
2contract.
SB1,943,63
(c)
Limitations. 1. The maximum amount of the credit that any claimant may
4claim under this subsection in a taxable year is $25,000 for each community
5rehabilitation program for which the claimant enters into a contract to have the
6community rehabilitation program perform work for the claimant's business.
SB1,943,117
2. No credit may be claimed under this subsection unless the claimant submits
8with the claimant's return a form, as prescribed by the department of revenue, that
9verifies that the claimant has entered into a contract with a community
10rehabilitation program and that the program has received payment from the
11claimant for work provided by the program, consistent with par. (b).
SB1,943,1912
3. Partnerships, limited liability companies, and tax-option corporations may
13not claim the credit under this subsection, but the eligibility for, and the amount of,
14the credit are based on their payment of amounts under par. (b). A partnership,
15limited liability company, or tax-option corporation shall compute the amount of
16credit that each of its partners, members, or shareholders may claim and shall
17provide that information to each of them. Partners, members of limited liability
18companies, and shareholders of tax-option corporations may claim the credit in
19proportion to their ownership interests.
SB1,943,2120
(d)
Administration. Subsection (4) (e) to (h), as it applies to the credit under
21sub. (4), applies to the credit under this subsection.
SB1, s. 2060n
22Section 2060n. 71.30 (3) (bn) of the statutes is created to read:
SB1,943,2323
71.30
(3) (bn) Community rehabilitation program credit under s. 71.28 (5k).
SB1, s. 2060s
24Section 2060s. 71.30 (3) (cn) of the statutes is created to read:
SB1,943,2525
71.30
(3) (cn) Biodiesel fuel production credit under s. 71.28 (3h).
SB1, s. 2062
1Section
2062. 71.30 (3) (ed) of the statutes is created to read:
SB1,944,22
71.30
(3) (ed) Ethanol and biodiesel fuel pump credit under s. 71.28 (5j).
SB1, s. 2063
3Section
2063. 71.30 (3) (epa) of the statutes is created to read:
SB1,944,44
71.30
(3) (epa) Electronic medical records credit under s. 71.28 (5i).
SB1, s. 2064
5Section
2064. 71.30 (3) (epp) of the statutes is renumbered 71.30 (3) (eps) and
6amended to read:
SB1,944,77
71.30
(3) (eps) Film production services credit under s. 71.28 (5f)
(b) 1. and 3.
SB1, s. 2065
8Section
2065. 71.30 (3) (f) of the statutes is amended to read:
SB1,944,139
71.30
(3) (f) The total of farmers' drought property tax credit under s. 71.28
10(1fd), farmland preservation credit under subch. IX, farmland tax relief credit under
11s. 71.28 (2m),
dairy manufacturing facility investment credit under s. 71.28 (3p), 12enterprise zone jobs credit under s. 71.28 (3w),
film production services credit under
13s. 71.28 (5f) (b) 2., and estimated tax payments under s. 71.29.
SB1, s. 2066
14Section
2066. 71.34 (1) (g) of the statutes is amended to read:
SB1,944,1815
71.34
(1) (g) An addition shall be made for credits computed by a tax-option
16corporation under s. 71.28 (1dd), (1de), (1di), (1dj), (1dL), (1dm), (1ds), (1dx), (3), (3g),
17(3h), (3n),
(3p), (3t), (3w),
(5b), (5e), (5f), (5g),
and (5h)
, (5i), (5j), and (5k) and passed
18through to shareholders.
SB1, s. 2067
19Section
2067. 71.34 (1g) (L) of the statutes is repealed.
SB1, s. 2068
20Section
2068. 71.34 (1g) (m) of the statutes is repealed.
SB1, s. 2069
21Section
2069. 71.34 (1g) (n) of the statutes is amended to read:
SB1,947,522
71.34
(1g) (n) "Internal Revenue Code" for tax-option corporations, for taxable
23years that begin after December 31, 1998, and before January 1, 2000, means the
24federal Internal Revenue Code as amended to December 31, 1998, excluding sections
25103, 104, and 110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d), 13174, and
113203 (d) of P.L.
103-66 and sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d)
2of P.L.
104-188, and as amended by P.L.
106-36, P.L.
106-170, P.L.
106-230, P.L.
3106-554, excluding sections 162 and 165 of P.L.
106-554, P.L.
107-16, excluding
4section 431 of P.L.
107-16, P.L.
107-134, P.L.
107-147, excluding sections 101
, 301
5(a), and 406 of P.L.
107-147, P.L.
107-181, P.L.
107-276, P.L.
108-121, excluding
6section 109 of P.L.
108-121, P.L.
108-311, excluding sections 306, 307, 308,
316, 401,
7and 403 (a) of P.L.
108-311,
and P.L.
108-357, excluding sections 101, 201,
211, 242, 8244, 336, 337,
422, 847, 909, and 910 of P.L.
108-357,
P.L. 109-7, P.L. 109-135,
9excluding sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e),
10(j), and (q), and 405 of P.L. 109-135, and P.L. 109-280, excluding sections 811 and 844
11of P.L. 109-280, and as indirectly affected in the provisions applicable to this
12subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, excluding sections 803 (d) (2)
13(B), 805 (d) (2), 812 (c) (2), 821 (b) (2), and 823 (c) (2) of P.L.
99-514 and section 1008
14(g) (5) of P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
15101-508, P.L.
102-227, excluding sections 103, 104, and 110 of P.L.
102-227, P.L.
16102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d),
1713174, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
18104-7, P.L.
104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605
19(d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
20105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
106-170, P.L.
106-230, P.L.
21106-554, excluding sections 162 and 165 of P.L.
106-554, P.L.
107-16, excluding
22section 431 of P.L.
107-16, P.L.
107-134, P.L.
107-147, excluding sections 101
, 301
23(a), and 406 of P.L.
107-147, P.L.
107-181, P.L.
107-276, P.L.
108-121, excluding
24section 109 of P.L.
108-121, P.L.
108-311, excluding sections 306, 307, 308,
316, 401,
25and 403 (a) of P.L.
108-311,
and P.L.
108-357, excluding sections 101, 201,
211, 242,
1244, 336, 337,
422, 847, 909, and 910 of P.L.
108-357,
P.L. 109-7, P.L. 109-135,
2excluding sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e),
3(j), and (q), and 405 of P.L. 109-135, and P.L. 109-280, excluding sections 811 and 844
4of P.L. 109-280, except that section 1366 (f) (relating to pass-through of items to
5shareholders) is modified by substituting the tax under s. 71.35 for the taxes under
6sections 1374 and 1375. The Internal Revenue Code applies for Wisconsin purposes
7at the same time as for federal purposes. Amendments to the federal Internal
8Revenue Code enacted after December 31, 1998, do not apply to this paragraph with
9respect to taxable years beginning after December 31, 1998, and before
10January 1, 2000, except that changes to the Internal Revenue Code made by P.L.
11106-36, P.L.
106-170, P.L.
106-230, P.L.
106-554, excluding sections 162 and 165 of
12P.L.
106-554, P.L.
107-16, excluding section 431 of P.L.
107-16, P.L.
107-134, P.L.
13107-147, excluding sections 101
, 301 (a), and 406 of P.L.
107-147, P.L.
107-181, P.L.
14107-276, P.L.
108-121, excluding section 109 of P.L.
108-121, P.L.
108-311,
15excluding sections 306, 307, 308,
316, 401, and 403 (a) of P.L.
108-311,
and P.L.
16108-357, excluding sections 101, 201,
211, 242, 244, 336, 337,
422, 847, 909, and 910
17of P.L.
108-357,
P.L. 109-7, P.L. 109-135, excluding sections 101, 105, 201 (a) as it
18relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L. 109-135, and
19P.L. 109-280, excluding sections 811 and 844 of P.L. 109-280, and changes that
20indirectly affect the provisions applicable to this subchapter made by P.L.
106-36,
21P.L.
106-170, P.L.
106-230, P.L.
106-554, excluding sections 162 and 165 of P.L.
22106-554, P.L.
107-16, excluding section 431 of P.L.
107-16, P.L.
107-134, P.L.
23107-147, excluding sections 101
, 301 (a), and 406 of P.L.
107-147, P.L.
107-181, P.L.
24107-276, P.L.
108-121, excluding section 109 of P.L.
108-121, P.L.
108-311,
25excluding sections 306, 307, 308,
316, 401, and 403 (a) of P.L.
108-311,
and P.L.
1108-357, excluding sections 101, 201,
211, 242, 244, 336, 337,
422, 847, 909, and 910
2of P.L.
108-357,
P.L. 109-7, P.L. 109-135, excluding sections 101, 105, 201 (a) as it
3relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L. 109-135, and
4P.L. 109-280, excluding sections 811 and 844 of P.L. 109-280, apply for Wisconsin
5purposes at the same time as for federal purposes.
SB1, s. 2070
6Section
2070. 71.34 (1g) (o) of the statutes is amended to read:
SB1,950,27
71.34
(1g) (o) "Internal Revenue Code" for tax-option corporations, for taxable
8years that begin after December 31, 1999, and before January 1, 2003, means the
9federal Internal Revenue Code as amended to December 31, 1999, excluding sections
10103, 104, and 110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d), 13174, and
1113203 (d) of P.L.
103-66 and sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d)
12of P.L.
104-188, and as amended by P.L.
106-230, P.L.
106-554, excluding sections
13162 and 165 of P.L.
106-554, P.L.
107-15, P.L.
107-16, excluding section 431 of P.L.
14107-16, P.L. 107.22, P.L. 107.116, P.L.
107-134, P.L.
107-147, excluding sections 101
,
15301 (a), and 406 of P.L.
107-147, P.L.
107-181, P.L.
107-210, P.L.
107-276, P.L.
16107-358, P.L.
108-27, excluding sections 106, 201, and 202 of P.L.
108-27, P.L.
17108-121, excluding section 109 of P.L.
108-121, P.L.
108-218, P.L.
108-311,
18excluding sections 306, 307, 308,
316, 401, and 403 (a) of P.L.
108-311,
and P.L.
19108-357, excluding sections 101, 201,
211, 242, 244, 336, 337,
422, 847, 909, and 910
20of P.L.
108-357,
P.L. 109-7, P.L. 109-58, excluding sections 1305, 1308, 1309, 1310,
211323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L. 109-58, P.L. 109-135,
22excluding sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e),
23(j), and (q), and 405 of P.L. 109-135, and P.L. 109-280, excluding sections 811 and 844
24of P.L. 109-280, and as indirectly affected in the provisions applicable to this
25subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, excluding sections 803 (d) (2)
1(B), 805 (d) (2), 812 (c) (2), 821 (b) (2), and 823 (c) (2) of P.L.
99-514 and section 1008
2(g) (5) of P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
3101-508, P.L.
102-227, excluding sections 103, 104, and 110 of P.L.
102-227, P.L.
4102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d),
513174, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
6104-7, P.L.
104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605
7(d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
8105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
106-170, P.L.
106-230, P.L.
9106-554, excluding sections 162 and 165 of P.L.
106-554, P.L.
107-15, P.L.
107-16,
10excluding section 431 of P.L.
107-16, P.L.
107-22, P.L.
107-116, P.L.
107-134, P.L.
11107-147, excluding sections 101
, 301 (a), and 406 of P.L.
107-147, P.L.
107-181, P.L.
12107-210, P.L.
107-276, P.L.
107-358, P.L.
108-27, excluding sections 106, 201, and
13202 of P.L.
108-27, P.L.
108-121, excluding section 109 of P.L.
108-121, P.L.
108-218,
14P.L.
108-311, excluding sections 306, 307, 308,
316, 401, and 403 (a) of P.L.
108-311,
15and P.L.
108-357, excluding sections 101, 201,
211, 242, 244, 336, 337,
422, 847, 909,
16and 910 of P.L.
108-357,
P.L. 109-7, P.L. 109-58, excluding sections 1305, 1308,
171309, 1310, 1323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L. 109-58, P.L.
18109-135, excluding sections 101, 105, 201 (a) as it relates to section 1400S (a), 402
19(e), 403 (e), (j), and (q), and 405 of P.L. 109-135, and P.L. 109-280, excluding sections
20811 and 844 of P.L. 109-280, except that section 1366 (f) (relating to pass-through
21of items to shareholders) is modified by substituting the tax under s. 71.35 for the
22taxes under sections 1374 and 1375. The Internal Revenue Code applies for
23Wisconsin purposes at the same time as for federal purposes. Amendments to the
24federal Internal Revenue Code enacted after December 31, 1999, do not apply to this
25paragraph with respect to taxable years beginning after December 31, 1999, and
1before January 1, 2003, except that changes to the Internal Revenue Code made by
2P.L.
106-230, P.L.
106-554, excluding sections 162 and 165 of P.L.
106-554, P.L.
3107-15, P.L.
107-16, excluding section 431 of P.L.
107-16, P.L.
107-22, P.L.
107-116,
4P.L.
107-134, P.L.
107-147, excluding sections 101
, 301 (a), and 406 of P.L.
107-147,
5P.L.
107-181, P.L.
107-210, P.L.
107-276, P.L.
107-358, P.L.
108-27, excluding
6sections 106, 201, and 202 of P.L.
108-27, P.L.
108-121, excluding section 109 of P.L.
7108-121, P.L.
108-218, P.L.
108-311, excluding sections 306, 307, 308,
316, 401, and
8403 (a) of P.L.
108-311,
and P.L.
108-357, excluding sections 101, 201,
211, 242, 244,
9336, 337,
422, 847, 909, and 910 of P.L.
108-357,
P.L. 109-7, P.L. 109-58, excluding
10sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351
11of P.L. 109-58, P.L. 109-135, excluding sections 101, 105, 201 (a) as it relates to
12section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L. 109-135, and P.L.
13109-280, excluding sections 811 and 844 of P.L. 109-280, and changes that indirectly
14affect the provisions applicable to this subchapter made by P.L.
106-230, P.L.
15106-554, excluding sections 162 and 165 of P.L.
106-554, P.L.
107-15, P.L.
107-16,
16excluding section 431 of P.L.
107-16, P.L.
107-22, P.L.
107-116, P.L.
107-134, P.L.
17107-147, excluding sections 101
, 301 (a), and 406 of P.L.
107-147, P.L.
107-181, P.L.
18107-210, P.L.
107-276, P.L.
107-358, P.L.
108-27, excluding sections 106, 201, and
19202 of P.L.
108-27, P.L.
108-121, excluding section 109 of P.L.
108-121, P.L.
108-218,
20P.L.
108-311, excluding sections 306, 307, 308,
316, 401, and 403 (a) of P.L.
108-311,
21and P.L.
108-357, excluding sections 101, 201,
211, 242, 244, 336, 337,
422, 847, 909,
22and 910 of P.L.
108-357,
P.L. 109-7, P.L. 109-58, excluding sections 1305, 1308,
231309, 1310, 1323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L. 109-58, P.L.
24109-135, excluding sections 101, 105, 201 (a) as it relates to section 1400S (a), 402
25(e), 403 (e), (j), and (q), and 405 of P.L. 109-135, and P.L. 109-280, excluding sections
1811 and 844 of P.L. 109-280, apply for Wisconsin purposes at the same time as for
2federal purposes.
SB1, s. 2071
3Section
2071. 71.34 (1g) (p) of the statutes is amended to read:
SB1,952,184
71.34
(1g) (p) "Internal Revenue Code" for tax-option corporations, for taxable
5years that begin after December 31, 2002, and before January 1, 2004, means the
6federal Internal Revenue Code as amended to December 31, 2002, excluding sections
7103, 104, and 110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d), 13174, and
813203 (d) of P.L.
103-66, sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
9104-188, P.L.
106-519, sections 162 and 165 of P.L.
106-554, P.L.
106-573, section
10431 of P.L.
107-16, and
section sections 101
and 301 (a) of P.L.
107-147, and as
11amended by P.L.
108-27, excluding sections 106, 201, and 202 of P.L.
108-27, P.L.
12108-121, excluding section 109 of P.L.
108-121, P.L.
108-173, excluding section 1201
13of P.L.
108-173, P.L.
108-203, P.L.
108-218, P.L.
108-311, excluding sections 306,
14307, 308,
316, 401, and 403 (a) of P.L.
108-311, P.L.
108-357, excluding sections 101,
15201,
211, 242, 244, 336, 337,
422, 847, 909, and 910 of P.L.
108-357,
and P.L.
108-375,
16P.L. 109-7, P.L. 109-58, excluding sections 1305, 1308, 1309, 1310, 1323, 1324, 1325,
171326, 1328, 1329, 1348, and 1351 of P.L. 109-58, P.L. 109-135, excluding sections
18101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405
19of P.L. 109-135, and P.L. 109-280, excluding sections 811 and 844 of P.L. 109-280, 20and as indirectly affected in the provisions applicable to this subchapter by P.L.
2199-514, P.L.
100-203, P.L.
100-647, excluding sections 803 (d) (2) (B), 805 (d) (2), 812
22(c) (2), 821 (b) (2), and 823 (c) (2) of P.L.
99-514 and section 1008 (g) (5) of P.L.
23100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
24102-227, excluding sections 103, 104, and 110 of P.L.
102-227, P.L.
102-318, P.L.
25102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174, and
113203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
2104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
3104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
4105-206, P.L.
105-277, P.L.
106-36, P.L.
106-170, P.L.
106-230, P.L.
106-554,
5excluding sections 162 and 165 of P.L.
106-554, P.L.
107-15, P.L.
107-16, excluding
6section 431 of P.L.
107-16, P.L.
107-22, P.L.
107-116, P.L.
107-134, P.L.
107-147,
7excluding
section sections 101
and 301 (a) of P.L.
107-147, P.L.
107-181, P.L.
8107-210, P.L.
107-276, P.L.
107-358, P.L.
108-27, excluding sections 106, 201, and
9202 of P.L.
108-27, P.L.
108-121, excluding section 109 of P.L.
108-121, P.L.
108-173,
10excluding section 1201 of P.L.
108-173, P.L.
108-203, P.L.
108-218, P.L.
108-311,
11excluding sections 306, 307, 308,
316, 401, and 403 (a) of P.L.
108-311, P.L.
108-357,
12excluding sections 101, 201,
211, 242, 244, 336, 337,
422, 847, 909, and 910 of P.L.
13108-357,
and P.L.
108-375,
P.L. 109-7, P.L. 109-58, excluding sections 1305, 1308,
141309, 1310, 1323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L. 109-58, P.L.
15109-135, excluding sections 101, 105, 201 (a) as it relates to section 1400S (a), 402
16(e), 403 (e), (j), and (q), and 405 of P.L. 109-135, and P.L. 109-280, excluding sections
17811 and 844 of P.L. 109-280, except that section 1366 (f) (relating to pass-through
18of items to shareholders) is modified by substituting the tax under s. 71.35 for the
19taxes under sections 1374 and 1375. The Internal Revenue Code applies for
20Wisconsin purposes at the same time as for federal purposes. Amendments to the
21federal Internal Revenue Code enacted after December 31, 2002, do not apply to this
22paragraph with respect to taxable years beginning after December 31, 2002, and
23before January 1, 2004, except that changes to the Internal Revenue Code made by
24P.L.
108-27, excluding sections 106, 201, and 202 of P.L.
108-27, P.L.
108-121,
25excluding section 109 of P.L.
108-121, P.L.
108-173, excluding section 1201 of P.L.
1108-173, P.L.
108-203, P.L.
108-218, P.L.
108-311, excluding sections 306, 307, 308,
2316, 401, and 403 (a) of P.L.
108-311, P.L.
108-357, excluding sections 101, 201,
211,
3242, 244, 336, 337,
422, 847, 909, and 910 of P.L.
108-357,
and P.L.
108-375,
P.L.
4109-7, P.L. 109-58, excluding sections 1305, 1308, 1309, 1310, 1323, 1324, 1325,
51326, 1328, 1329, 1348, and 1351 of P.L. 109-58, P.L. 109-135, excluding sections
6101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405
7of P.L. 109-135, and P.L. 109-280, excluding sections 811 and 844 of P.L. 109-280, 8and changes that indirectly affect the provisions applicable to this subchapter made
9by P.L.
108-27, excluding sections 106, 201, and 202 of P.L.
108-27, P.L.
108-121,
10excluding section 109 of P.L.
108-121, P.L.
108-173, excluding section 1201 of P.L.
11108-173, P.L.
108-203, P.L.
108-218, P.L.
108-311, excluding sections 306, 307, 308,
12316, 401, and 403 (a) of P.L.
108-311, P.L.
108-357, excluding sections 101, 201,
211,
13242, 244, 336, 337,
422, 847, 909, and 910 of P.L.
108-357,
and P.L.
108-375,
P.L.
14109-7, P.L. 109-58, excluding sections 1305, 1308, 1309, 1310, 1323, 1324, 1325,
151326, 1328, 1329, 1348, and 1351 of P.L. 109-58, P.L. 109-135, excluding sections
16101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405
17of P.L. 109-135, and P.L. 109-280, excluding sections 811 and 844 of P.L. 109-280, 18apply for Wisconsin purposes at the same time as for federal purposes.
SB1, s. 2072
19Section
2072. 71.34 (1g) (q) of the statutes is amended to read:
SB1,955,820
71.34
(1g) (q) "Internal Revenue Code" for tax-option corporations, for taxable
21years that begin after December 31, 2003, and before January 1, 2005, means the
22federal Internal Revenue Code as amended to December 31, 2003, excluding sections
23103, 104, and 110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d), 13174, and
2413203 (d) of P.L.
103-66, sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
25104-188, P.L.
106-519, sections 162 and 165 of P.L.
106-554, P.L.
106-573, section
1431 of P.L.
107-16,
section sections 101
and 301 (a) of P.L.
107-147, sections 106, 201,
2and 202 of P.L.
108-27, section 109 of P.L.
108-121, and section 1201 of P.L.
108-173,
3and as amended by P.L.
108-203, P.L.
108-218, P.L.
108-311, excluding sections 306,
4307, 308,
316, 401, and 403 (a) of P.L.
108-311, P.L.
108-357, excluding sections 101,
5201,
211, 242, 244, 336, 337,
422, 847, 909, and 910 of P.L.
108-357, P.L.
108-375,
6and P.L.
108-476,
P.L. 109-7, P.L. 109-58, excluding sections 1305, 1308, 1309, 1310,
71323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L. 109-58, P.L. 109-73,
8excluding section 301 of P.L. 109-73, P.L. 109-135, excluding sections 101, 105, 201
9(a) as it relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L.
10109-135, P.L. 109-227, and P.L. 109-280, excluding sections 811 and 844 of P.L.
11109-280, and as indirectly affected in the provisions applicable to this subchapter
12by P.L.
99-514, P.L.
100-203, P.L.
100-647, excluding sections 803 (d) (2) (B), 805 (d)
13(2), 812 (c) (2), 821 (b) (2), and 823 (c) (2) of P.L.
99-514 and section 1008 (g) (5) of P.L.
14100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
15102-227, excluding sections 103, 104, and 110 of P.L.
102-227, P.L.
102-318, P.L.
16102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174, and
1713203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
18104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
19104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
20105-206, P.L.
105-277, P.L.
106-36, P.L.
106-170, P.L.
106-230, P.L.
106-554,
21excluding sections 162 and 165 of P.L.
106-554, P.L.
107-15, P.L.
107-16, excluding
22section 431 of P.L.
107-16, P.L.
107-22, P.L.
107-116, P.L.
107-134, P.L.
107-147,
23excluding
section sections 101
and 301 (a) of P.L.
107-147, P.L.
107-181, P.L.
24107-210, P.L.
107-276, P.L.
107-358, P.L.
108-27, excluding sections 106, 201, and
25202 of P.L.
108-27, P.L.
108-121, excluding section 109 of P.L.
108-121, P.L.
108-173,
1excluding section 1201 of P.L.
108-173, P.L.
108-203, P.L.
108-218, P.L.
108-311,
2excluding sections 306, 307, 308,
316, 401, and 403 (a) of P.L.
108-311, P.L.
108-357,
3excluding sections 101, 201,
211, 242, 244, 336, 337,
422, 847, 909, and 910 of P.L.
4108-357, P.L.
108-375,
and P.L.
108-476,
P.L. 109-7, P.L. 109-58, excluding sections
51305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L.
6109-58, P.L. 109-73, excluding section 301 of P.L. 109-73, P.L. 109-135, excluding
7sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e), (j), and
8(q), and 405 of P.L. 109-135, P.L. 109-227, and P.L. 109-280, excluding sections 811
9and 844 of P.L. 109-280, except that section 1366 (f) (relating to pass-through of
10items to shareholders) is modified by substituting the tax under s. 71.35 for the taxes
11under sections 1374 and 1375. The Internal Revenue Code applies for Wisconsin
12purposes at the same time as for federal purposes. Amendments to the federal
13Internal Revenue Code enacted after December 31, 2003, do not apply to this
14paragraph with respect to taxable years beginning after December 31, 2003, and
15before January 1, 2005, except that changes to the Internal Revenue Code made by
16P.L.
108-203, P.L.
108-218, P.L.
108-311, excluding sections 306, 307, 308,
316, 401,
17and 403 (a) of P.L.
108-311, P.L.
108-357, excluding sections 101, 201,
211, 242, 244,
18336, 337,
422, 847, 909, and 910 of P.L.
108-357, P.L.
108-375,
and P.L.
108-476,
P.L.
19109-7, P.L. 109-58, excluding sections 1305, 1308, 1309, 1310, 1323, 1324, 1325,
201326, 1328, 1329, 1348, and 1351 of P.L. 109-58, P.L. 109-73, excluding section 301
21of P.L. 109-73, P.L. 109-135, excluding sections 101, 105, 201 (a) as it relates to
22section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L. 109-135, P.L. 109-227,
23and P.L. 109-280, excluding sections 811 and 844 of P.L. 109-280, and changes that
24indirectly affect the provisions applicable to this subchapter made by P.L.
108-203,
25P.L.
108-218, P.L.
108-311, excluding sections 306, 307, 308,
316, 401, and 403 (a)
1of P.L.
108-311, P.L.
108-357, excluding sections 101, 201,
211, 242, 244, 336, 337,
2422, 847, 909, and 910 of P.L.
108-357, P.L.
108-375,
and P.L.
108-476,
P.L. 109-7,
3P.L. 109-58, excluding sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328,
41329, 1348, and 1351 of P.L. 109-58, P.L. 109-73, excluding section 301 of P.L.
5109-73, P.L. 109-135, excluding sections 101, 105, 201 (a) as it relates to section
61400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L. 109-135, P.L. 109-227, and P.L.
7109-280, excluding sections 811 and 844 of P.L. 109-280, apply for Wisconsin
8purposes at the same time as for federal purposes.
SB1, s. 2073
9Section
2073. 71.34 (1g) (r) of the statutes is amended to read:
SB1,957,2010
71.34
(1g) (r) "Internal Revenue Code" for tax-option corporations, for taxable
11years that begin after December 31, 2004,
and before January 1, 2006, means the
12federal Internal Revenue Code as amended to December 31, 2004, excluding sections
13103, 104, and 110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d), 13174, and
1413203 (d) of P.L.
103-66, sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
15104-188, sections 1, 3, 4, and 5 of P.L.
106-519, sections 162 and 165 of P.L.
106-554,
16P.L.
106-573, section 431 of P.L.
107-16,
section
sections 101
and 301 (a) of P.L.
17107-147, sections 106, 201, and 202 of P.L.
108-27, section 1201 of P.L.
108-173,
18sections 306, 308,
316, 401, and 403 (a) of P.L.
108-311, and sections 101, 201,
211,
19242, 244, 336, 337,
422, 847, 909, and 910 of P.L.
108-357,
and as amended by P.L.
20109-7, P.L. 109-58, excluding sections 1305, 1308, 1309, 1310, 1323, 1324, 1325,
211326, 1328, 1329, 1348, and 1351 of P.L. 109-58, P.L. 109-73, excluding section 301
22of P.L. 109-73, P.L. 109-135, excluding sections 101, 105, 201 (a) as it relates to
23section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L. 109-135, P.L. 109-151,
24P.L. 109-222, excluding sections 101, 207, 209, 503, 512, and 513 of P.L. 109-222, P.L.
25109-227, and P.L. 109-280, excluding sections 811 and 844 of P.L. 109-280, and as
1indirectly affected in the provisions applicable to this subchapter by P.L.
99-514, P.L.
2100-203, P.L.
100-647, excluding sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2), 821
3(b) (2), and 823 (c) (2) of P.L.
99-514 and section 1008 (g) (5) of P.L.
100-647, P.L.
4101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227,
5excluding sections 103, 104, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
6103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
7103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188,
8excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
9104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
10105-277, P.L.
106-36, P.L.
106-170, P.L.
106-230, P.L.
106-554, excluding sections
11162 and 165 of P.L.
106-554, P.L.
107-15, P.L.
107-16, excluding section 431 of P.L.
12107-16, P.L.
107-22, P.L.
107-116, P.L.
107-134, P.L.
107-147, excluding
section 13sections 101
and 301 (a) of P.L.
107-147, P.L.
107-181, P.L.
107-210, P.L.
107-276,
14P.L.
107-358, P.L.
108-27, excluding sections 106, 201, and 202 of P.L.
108-27, P.L.
15108-121, P.L.
108-173, excluding section 1201 of P.L.
108-173, P.L.
108-203, P.L.
16108-218, P.L.
108-311, excluding sections 306, 308,
316, 401, and 403 (a) of P.L.
17108-311, P.L.
108-357, excluding sections 101, 201,
211, 242, 244, 336, 337,
422, 847, 18909, and 910 of P.L.
108-357, P.L.
108-375,
and P.L.
108-476,
P.L. 109-7, P.L.
19109-58, excluding sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328,
201329, 1348, and 1351 of P.L. 109-58, P.L. 109-73, excluding section 301 of P.L.
21109-73, P.L. 109-135, excluding sections 101, 105, 201 (a) as it relates to section
221400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L. 109-135, P.L. 109-151, P.L.
23109-222, excluding sections 101, 207, 209, 503, 512, and 513 of P.L. 109-222, P.L.
24109-227, and P.L. 109-280, excluding sections 811 and 844 of P.L. 109-280, except
25that section 1366 (f) (relating to pass-through of items to shareholders) is modified
1by substituting the tax under s. 71.35 for the taxes under sections 1374 and 1375.
2The Internal Revenue Code applies for Wisconsin purposes at the same time as for
3federal purposes. Amendments to the federal Internal Revenue Code enacted after
4December 31, 2004, do not apply to this paragraph with respect to taxable years
5beginning after December 31, 2004
, and before January 1, 2006, except that changes
6to the Internal Revenue Code made by P.L. 109-7, P.L. 109-58, excluding sections
71305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L.
8109-58, P.L. 109-73, excluding section 301 of P.L. 109-73, P.L. 109-135, excluding
9sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e), (j), and
10(q), and 405 of P.L. 109-135, P.L. 109-151, P.L. 109-222, excluding sections 101, 207,
11209, 503, 512, and 513 of P.L. 109-222, P.L. 109-227, and P.L. 109-280, excluding
12sections 811 and 844 of P.L. 109-280, and changes that indirectly affect the
13provisions applicable to this subchapter made by P.L. 109-7, P.L. 109-58, excluding
14sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351
15of P.L. 109-58, P.L. 109-73, excluding section 301 of P.L. 109-73, P.L. 109-135,
16excluding sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e),
17(j), and (q), and 405 of P.L. 109-135, P.L. 109-151, P.L. 109-222, excluding sections
18101, 207, 209, 503, 512, and 513 of P.L. 109-222, P.L. 109-227, and P.L. 109-280,
19excluding sections 811 and 844 of P.L. 109-280, apply for Wisconsin purposes at the
20same time as for federal purposes.
SB1, s. 2074
21Section
2074. 71.34 (1g) (s) of the statutes is created to read:
SB1,959,2322
71.34
(1g) (s) "Internal Revenue Code" for tax-option corporations, for taxable
23years that begin after December 31, 2005, and before January 1, 2007, means the
24federal Internal Revenue Code as amended to December 31, 2005, excluding sections
25103, 104, and 110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d), 13174, and
113203 (d) of P.L.
103-66, sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
2104-188, sections 1, 3, 4, and 5 of P.L.
106-519, sections 162 and 165 of P.L.
106-554,
3P.L.
106-573, section 431 of P.L.
107-16, sections 101 and 301 (a) of P.L.
107-147,
4sections 106, 201, and 202 of P.L.
108-27, section 1201 of P.L.
108-173, sections 306,
5308, 316, 401, and 403 (a) of P.L.
108-311, sections 101, 201, 211, 242, 244, 336, 337,
6422, 847, 909, and 910 of P.L.
108-357, P.L.
109-1, sections 1305, 1308, 1309, 1310,
71323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L.
109-58, section 11146 of
8P.L.
109-59, section 301 of P.L.
109-73, and sections 101, 105, 201 (a) as it relates
9to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L.
109-135, and as
10amended by P.L.
109-222, excluding sections 101, 207, 209, 503, 512, and 513 of P.L.
11109-222, P.L.
109-227, and P.L.
109-280, excluding sections 811 and 844 of P.L.
12109-280, and as indirectly affected in the provisions applicable to this subchapter
13by P.L.
99-514, P.L.
100-203, P.L.
100-647, excluding sections 803 (d) (2) (B), 805 (d)
14(2), 812 (c) (2), 821 (b) (2), and 823 (c) (2) of P.L.
99-514 and section 1008 (g) (5) of P.L.
15100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
16102-227, excluding sections 103, 104, and 110 of P.L.
102-227, P.L.
102-318, P.L.
17102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174, and
1813203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
19104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
20104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
21105-206, P.L.
105-277, P.L.
106-36, P.L.
106-170, P.L.
106-230, P.L.
106-554,
22excluding sections 162 and 165 of P.L.
106-554, P.L.
107-15, P.L.
107-16, excluding
23section 431 of P.L.
107-16, P.L.
107-22, P.L.
107-116, P.L.
107-134, P.L.
107-147,
24excluding sections 101 and 301 (a) of P.L.
107-147, P.L.
107-181, P.L.
107-210, P.L.
25107-276, P.L.
107-358, P.L.
108-27, excluding sections 106, 201, and 202 of P.L.
1108-27, P.L.
108-121, P.L.
108-173, excluding section 1201 of P.L.
108-173, P.L.
2108-203, P.L.
108-218, P.L.
108-311, excluding sections 306, 308, 316, 401, and 403
3(a) of P.L.
108-311, P.L.
108-357, excluding sections 101, 201, 211, 242, 244, 336, 337,
4422, 847, 909, and 910 of P.L.
108-357, P.L.
108-375, P.L.
108-476, P.L.
109-7, P.L.
5109-58, excluding sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328,
61329, 1348, and 1351 of P.L.
109-58, P.L.
109-59, excluding section 11146 of P.L.
7109-59, P.L.
109-73, excluding section 301 of P.L.
109-73, P.L.
109-135, excluding
8sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e), (j), and
9(q), and 405 of P.L.
109-135, P.L.
109-151, P.L.
109-222, excluding sections 101, 207,
10209, 503, 512, and 513 of P.L.
109-222, P.L.
109-227, and P.L.
109-280, excluding
11sections 811 and 844 of P.L.
109-280, except that section 1366 (f) (relating to
12pass-through of items to shareholders) is modified by substituting the tax under s.
1371.35 for the taxes under sections 1374 and 1375. The Internal Revenue Code applies
14for Wisconsin purposes at the same time as for federal purposes. Amendments to the
15federal Internal Revenue Code enacted after December 31, 2005, do not apply to this
16paragraph with respect to taxable years beginning after December 31, 2005, and
17before January 1, 2007, except that changes to the Internal Revenue Code made by
18P.L.
109-222, excluding sections 101, 207, 209, 503, 512, and 513 of P.L.
109-222, P.L.
19109-227, and P.L.
109-280, excluding sections 811 and 844 of P.L.
109-280, and
20changes that indirectly affect the provisions applicable to this subchapter made by
21P.L.
109-222, excluding sections 101, 207, 209, 503, 512, and 513 of P.L.
109-222, P.L.
22109-227, and P.L.
109-280, excluding sections 811 and 844 of P.L.
109-280, apply for
23Wisconsin purposes at the same time as for federal purposes.
SB1, s. 2075
24Section
2075. 71.34 (1g) (t) of the statutes is created to read:
SB1,961,19
171.34
(1g) (t) "Internal Revenue Code" for tax-option corporations, for taxable
2years that begin after December 31, 2006, means the federal Internal Revenue Code
3as amended to December 31, 2006, excluding sections 103, 104, and 110 of P.L.
4102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66,
5sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, sections 1, 3,
64, and 5 of P.L.
106-519, sections 162 and 165 of P.L.
106-554, P.L.
106-573, section
7431 of P.L.
107-16, sections 101 and 301 (a) of P.L.
107-147, sections 106, 201, and
8202 of P.L.
108-27, section 1201 of P.L.
108-173, sections 306, 308, 316, 401, and 403
9(a) of P.L.
108-311, sections 101, 201, 211, 242, 244, 336, 337, 422, 847, 909, and 910
10of P.L.
108-357, P.L.
109-1, sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326,
111328, 1329, 1348, and 1351 of P.L.
109-58, section 11146 of P.L.
109-59, section 301
12of P.L.
109-73, sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403
13(e), (j), and (q), and 405 of P.L.
109-135, sections 101, 207, 209, 503, 512, and 513 of
14P.L.
109-222, sections 811 and 844 of P.L.
109-280, and P.L.
109-432, and as
15indirectly affected in the provisions applicable to this subchapter by P.L.
99-514, P.L.
16100-203, P.L.
100-647, excluding sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2), 821
17(b) (2), and 823 (c) (2) of P.L.
99-514 and section 1008 (g) (5) of P.L.
100-647, P.L.
18101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227,
19excluding sections 103, 104, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
20103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
21103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188,
22excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
23104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
24105-277, P.L.
106-36, P.L.
106-170, P.L.
106-230, P.L.
106-554, excluding sections
25162 and 165 of P.L.
106-554, P.L.
107-15, P.L.
107-16, excluding section 431 of P.L.
1107-16, P.L.
107-22, P.L.
107-116, P.L.
107-134, P.L.
107-147, excluding sections
2101 and 301 (a) of P.L.
107-147, P.L.
107-181, P.L.
107-210, P.L.
107-276, P.L.
3107-358, P.L.
108-27, excluding sections 106, 201, and 202 of P.L.
108-27, P.L.
4108-121, P.L.
108-173, excluding section 1201 of P.L.
108-173, P.L.
108-203, P.L.
5108-218, P.L.
108-311, excluding sections 306, 308, 316, 401, and 403 (a) of P.L.
6108-311, P.L.
108-357, excluding sections 101, 201, 211, 242, 244, 336, 337, 422, 847,
7909, and 910 of P.L.
108-357, P.L.
108-375, P.L.
108-476, P.L.
109-7, P.L.
109-58,
8excluding sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328, 1329, 1348,
9and 1351 of P.L.
109-58, P.L.
109-59, excluding section 11146 of P.L.
109-59, P.L.
10109-73, excluding section 301 of P.L.
109-73, P.L.
109-135, excluding sections 101,
11105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of
12P.L.
109-135, P.L.
109-151, P.L.
109-222, excluding sections 101, 207, 209, 503, 512,
13and 513 of P.L.
109-222, P.L.
109-227, and P.L.
109-280, excluding sections 811 and
14844 of P.L.
109-280, except that section 1366 (f) (relating to pass-through of items
15to shareholders) is modified by substituting the tax under s. 71.35 for the taxes under
16sections 1374 and 1375. The Internal Revenue Code applies for Wisconsin purposes
17at the same time as for federal purposes. Amendments to the federal Internal
18Revenue Code enacted after December 31, 2006, do not apply to this paragraph with
19respect to taxable years beginning after December 31, 2006.
SB1, s. 2076
20Section
2076. 71.34 (1m) of the statutes is renumbered 71.34 (1m) (a).
SB1, s. 2077
21Section
2077. 71.34 (1m) (b) of the statutes is created to read:
SB1,962,322
71.34
(1m) (b) Notwithstanding sub. (1g), section 101 of P.L.
109-222, related
23to extending the increased expense deduction under section
179 of the Internal
24Revenue Code, applies to property used in farming that is acquired and placed in
25service in taxable years beginning on or after January 1, 2008, and used by a person
1who is actively engaged in farming. For purposes of this paragraph, "actively
2engaged in farming" has the meaning given in
7 CFR 1400.201, and "farming" has
3the meaning given in section
464 (e) (1) of the Internal Revenue Code.
SB1, s. 2078
4Section
2078. 71.42 (2) (k) of the statutes is repealed.
SB1, s. 2079
5Section
2079. 71.42 (2) (L) of the statutes is repealed.
SB1, s. 2080
6Section
2080. 71.42 (2) (m) of the statutes is amended to read:
SB1,964,127
71.42
(2) (m) For taxable years that begin after December 31, 1998, and before
8January 1, 2000, "Internal Revenue Code" means the federal Internal Revenue Code
9as amended to December 31, 1998, excluding sections 103, 104, and 110 of P.L.
10102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66 11and sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, and as
12amended by P.L.
106-36, P.L.
106-170, P.L.
106-230, P.L.
106-554, excluding
13sections 162 and 165 of P.L.
106-554, P.L.
107-16, excluding section 431 of P.L.
14107-16, P.L.
107-134, P.L.
107-147, excluding sections 101
, 301 (a), and 406 of P.L.
15107-147, P.L.
107-181, P.L.
107-276, P.L.
108-121, excluding section 109 of P.L.
16108-121, P.L.
108-311, excluding sections 306, 307, 308,
316, 401, and 403 (a) of P.L.
17108-311,
and P.L.
108-357, excluding sections 101, 201,
211, 242, 244, 336, 337,
422, 18847, 909, and 910 of P.L.
108-357,
P.L. 109-7, P.L. 109-135, excluding sections 101,
19105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of
20P.L. 109-135, and P.L. 109-280, excluding sections 811 and 844 of P.L. 109-280, and
21as indirectly affected by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
22101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections
23103, 104, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding
24sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, P.L.
25103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188, excluding sections
11123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
2104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
3106-36, P.L.
106-170, P.L.
106-230, P.L.
106-554, excluding sections 162 and 165 of
4P.L.
106-554, P.L.
107-16, excluding section 431 of P.L.
107-16, P.L.
107-134, P.L.
5107-147, excluding sections 101
, 301 (a), and 406 of P.L.
107-147, P.L.
107-181, P.L.
6107-276, P.L.
108-121, excluding section 109 of P.L.
108-121, P.L.
108-311,
7excluding sections 306, 307, 308,
316, 401, and 403 (a) of P.L.
108-311,
and P.L.
8108-357, excluding sections 101, 201,
211, 242, 244, 336, 337,
422, 847, 909, and 910
9of P.L.
108-357,
P.L. 109-7, P.L. 109-135, excluding sections 101, 105, 201 (a) as it
10relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L. 109-135, and
11P.L. 109-280, excluding sections 811 and 844 of P.L. 109-280, except that "Internal
12Revenue Code" does not include section 847 of the federal Internal Revenue Code.
13The Internal Revenue Code applies for Wisconsin purposes at the same time as for
14federal purposes. Amendments to the federal Internal Revenue Code enacted after
15December 31, 1998, do not apply to this paragraph with respect to taxable years
16beginning after December 31, 1998, and before January 1, 2000, except that
17changes to the Internal Revenue Code made by P.L.
106-36, P.L.
106-170, P.L.
18106-230, P.L.
106-554, excluding sections 162 and 165 of P.L.
106-554, P.L.
107-16,
19excluding section 431 of P.L.
107-16, P.L.
107-134, P.L.
107-147, excluding sections
20101
, 301 (a), and 406 of P.L.
107-147, P.L.
107-181, P.L.
107-276, P.L.
108-121,
21excluding section 109 of P.L.
108-121, P.L.
108-311, excluding sections 306, 307, 308,
22316, 401, and 403 (a) of P.L.
108-311,
and P.L.
108-357, excluding sections 101, 201,
23211, 242, 244, 336, 337,
422, 847, 909, and 910 of P.L.
108-357,
P.L. 109-7, P.L.
24109-135, excluding sections 101, 105, 201 (a) as it relates to section 1400S (a), 402
25(e), 403 (e), (j), and (q), and 405 of P.L. 109-135, and P.L. 109-280, excluding sections
1811 and 844 of P.L. 109-280, and changes that indirectly affect the provisions
2applicable to this subchapter made by P.L.
106-36, P.L.
106-170, P.L.
106-230, P.L.
3106-554, excluding sections 162 and 165 of P.L.
106-554, P.L.
107-16, excluding
4section 431 of P.L.
107-16, P.L.
107-134, P.L.
107-147, excluding sections 101
, 301
5(a), and 406 of P.L.
107-147, P.L.
107-181, P.L.
107-276, P.L.
108-121, excluding
6section 109 of P.L.
108-121, P.L.
108-311, excluding sections 306, 307, 308,
316, 401,
7and 403 (a) of P.L.
108-311,
and P.L.
108-357, excluding sections 101, 201,
211, 242, 8244, 336, 337,
422, 847, 909, and 910 of P.L.
108-357,
P.L. 109-7, P.L. 109-135,
9excluding sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e),
10(j), and (q), and 405 of P.L. 109-135, and P.L. 109-280, excluding sections 811 and 844
11of P.L. 109-280, apply for Wisconsin purposes at the same time as for federal
12purposes.
SB1, s. 2081
13Section
2081. 71.42 (2) (n) of the statutes is amended to read:
SB1,967,614
71.42
(2) (n) For taxable years that begin after December 31, 1999, and before
15January 1, 2003, "Internal Revenue Code" means the federal Internal Revenue Code
16as amended to December 31, 1999, excluding sections 103, 104, and 110 of P.L.
17102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66 18and sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, and as
19amended by P.L.
106-230, P.L.
106-554, excluding sections 162 and 165 of P.L.
20106-554, P.L.
107-15, P.L.
107-16, excluding section 431 of P.L.
107-16, P.L.
107-22,
21P.L.
107-116, P.L.
107-134, P.L.
107-147, excluding sections 101
, 301 (a), and 406 of
22P.L.
107-147, P.L.
107-181, P.L.
107-210, P.L.
107-276, P.L.
107-358, P.L.
108-27,
23excluding sections 106, 201, and 202 of P.L.
108-27, P.L.
108-121, excluding section
24109 of P.L.
108-121, P.L.
108-218, P.L.
108-311, excluding sections 306, 307, 308,
25316, 401, and 403 (a) of P.L.
108-311,
and P.L.
108-357, excluding sections 101, 201,
1211, 242, 244, 336, 337,
422, 847, 909, and 910 of P.L.
108-357,
P.L. 109-7, P.L.
2109-58, excluding sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328,
31329, 1348, and 1351 of P.L. 109-58, P.L. 109-135, excluding sections 101, 105, 201
4(a) as it relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L.
5109-135, and P.L. 109-280, excluding sections 811 and 844 of P.L. 109-280, and as
6indirectly affected by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
7101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections
8103, 104, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding
9sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, P.L.
10103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188, excluding sections
111123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
12104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
13106-36, P.L.
106-170, P.L.
106-230, P.L.
106-554, excluding sections 162 and 165 of
14P.L.
106-554, P.L.
107-15, P.L.
107-16, excluding section 431 of P.L.
107-16, P.L.
15107-22, P.L.
107-116, P.L.
107-134, P.L.
107-147, excluding sections 101
, 301 (a), 16and 406 of P.L.
107-147, P.L.
107-181, P.L.
107-210, P.L.
107-276, P.L.
107-358, P.L.
17108-27, excluding sections 106, 201, and 202 of P.L.
108-27, P.L.
108-121, excluding
18section 109 of P.L.
108-121, P.L.
108-218, P.L.
108-311, excluding sections 306, 307,
19308,
316, 401, and 403 (a) of P.L.
108-311,
and P.L.
108-357, excluding sections 101,
20201,
211, 242, 244, 336, 337,
422, 847, 909, and 910 of P.L.
108-357,
P.L. 109-7, P.L.
21109-58, excluding sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328,
221329, 1348, and 1351 of P.L. 109-58, P.L. 109-135, excluding sections 101, 105, 201
23(a) as it relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L.
24109-135, and P.L. 109-280, excluding sections 811 and 844 of P.L. 109-280, except
25that "Internal Revenue Code" does not include section 847 of the federal Internal
1Revenue Code. The Internal Revenue Code applies for Wisconsin purposes at the
2same time as for federal purposes. Amendments to the federal Internal Revenue
3Code enacted after December 31, 1999, do not apply to this paragraph with respect
4to taxable years beginning after December 31, 1999, and before January 1, 2003,
5except that changes to the Internal Revenue Code made by P.L.
106-230, P.L.
6106-554, excluding sections 162 and 165 of P.L.
106-554, P.L.
107-15, P.L.
107-16,
7excluding section 431 of P.L.
107-16, P.L.
107-22, P.L.
107-116, P.L.
107-134, P.L.
8107-147, excluding sections 101
, 301 (a), and 406 of P.L.
107-147, P.L.
107-181, P.L.
9107-210, P.L.
107-276, P.L.
107-358, P.L.
108-27, excluding sections 106, 201, and
10202 of P.L.
108-27, P.L.
108-121, excluding section 109 of P.L.
108-121, P.L.
108-218,
11P.L.
108-311, excluding sections 306, 307, 308,
316, 401, and 403 (a) of P.L.
108-311,
12and P.L.
108-357, excluding sections 101, 201,
211, 242, 244, 336, 337,
422, 847, 909,
13and 910 of P.L.
108-357,
P.L. 109-7, P.L. 109-58, excluding sections 1305, 1308,
141309, 1310, 1323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L. 109-58, P.L.
15109-135, excluding sections 101, 105, 201 (a) as it relates to section 1400S (a), 402
16(e), 403 (e), (j), and (q), and 405 of P.L. 109-135, and P.L. 109-280, excluding sections
17811 and 844 of P.L. 109-280, and changes that indirectly affect the provisions
18applicable to this subchapter made by P.L.
106-230, P.L.
106-554, excluding sections
19162 and 165 of P.L.
106-554, P.L.
107-15, P.L.
107-16, excluding section 431 of P.L.
20107-16, P.L.
107-22, P.L.
107-116, P.L.
107-134, P.L.
107-147, excluding sections
21101
, 301 (a), and 406 of P.L.
107-147, P.L.
107-181, P.L.
107-210, P.L.
107-276, P.L.
22107-358, P.L.
108-27, excluding sections 106, 201, and 202 of P.L.
108-27, P.L.
23108-121, excluding section 109 of P.L.
108-121, P.L.
108-218, P.L.
108-311,
24excluding sections 306, 307, 308,
316, 401, and 403 (a) of P.L.
108-311,
and P.L.
25108-357, excluding sections 101, 201,
211, 242, 244, 336, 337,
422, 847, 909, and 910
1of P.L.
108-357,
P.L. 109-7, P.L. 109-58, excluding sections 1305, 1308, 1309, 1310,
21323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L. 109-58, P.L. 109-135,
3excluding sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e),
4(j), and (q), and 405 of P.L. 109-135, and P.L. 109-280, excluding sections 811 and 844
5of P.L. 109-280, apply for Wisconsin purposes at the same time as for federal
6purposes.
SB1, s. 2082
7Section
2082. 71.42 (2) (o) of the statutes is amended to read:
SB1,969,198
71.42
(2) (o) For taxable years that begin after December 31, 2002, and before
9January 1, 2004, "Internal Revenue Code" means the federal Internal Revenue Code
10as amended to December 31, 2002, excluding sections 103, 104, and 110 of P.L.
11102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66,
12sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
106-519,
13sections 162 and 165 of P.L.
106-554, P.L.
106-573, section 431 of P.L.
107-16, and
14section sections 101
and 301 (a) of P.L.
107-147, and as amended by P.L.
108-27,
15excluding sections 106, 201, and 202 of P.L.
108-27, P.L.
108-121, excluding section
16109 of P.L.
108-121, P.L.
108-173, excluding section 1201 of P.L.
108-173, P.L.
17108-203, P.L.
108-218, P.L.
108-311, excluding sections 306, 307, 308,
316, 401, and
18403 (a) of P.L.
108-311, P.L.
108-357, excluding sections 101, 201,
211, 242, 244, 336,
19337,
422, 847, 909, and 910 of P.L.
108-357,
and P.L.
108-375,
P.L. 109-7, P.L.
20109-58, excluding sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328,
211329, 1348, and 1351 of P.L. 109-58, P.L. 109-135, excluding sections 101, 105, 201
22(a) as it relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L.
23109-135, and P.L. 109-280, excluding sections 811 and 844 of P.L. 109-280, and as
24indirectly affected by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
25101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections
1103, 104, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding
2sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, P.L.
3103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188, excluding sections
41123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
5104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
6106-36, P.L.
106-170, P.L.
106-230, P.L.
106-554, excluding sections 162 and 165 of
7P.L.
106-554, P.L.
107-15, P.L.
107-16, excluding section 431 of P.L.
107-16, P.L.
8107-22, P.L.
107-116, P.L.
107-134, P.L.
107-147, excluding
section sections 101
and
9301 (a) of P.L.
107-147, P.L.
107-181, P.L.
107-210, P.L.
107-276, P.L.
107-358, P.L.
10108-27, excluding sections 106, 201, and 202 of P.L.
108-27, P.L.
108-121, excluding
11section 109 of P.L.
108-121, P.L.
108-173, excluding section 1201 of P.L.
108-173,
12P.L.
108-203, P.L.
108-218, P.L.
108-311, excluding sections 306, 307, 308,
316, 401,
13and 403 (a) of P.L.
108-311, P.L.
108-357, excluding sections 101, 201,
211, 242, 244,
14336, 337,
422, 847, 909, and 910 of P.L.
108-357,
and P.L.
108-375,
P.L. 109-7, P.L.
15109-58, excluding sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328,
161329, 1348, and 1351 of P.L. 109-58, P.L. 109-135, excluding sections 101, 105, 201
17(a) as it relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L.
18109-135, and P.L. 109-280, excluding sections 811 and 844 of P.L. 109-280, except
19that "Internal Revenue Code" does not include section 847 of the federal Internal
20Revenue Code. The Internal Revenue Code applies for Wisconsin purposes at the
21same time as for federal purposes. Amendments to the federal Internal Revenue
22Code enacted after December 31, 2002, do not apply to this paragraph with respect
23to taxable years beginning after December 31, 2002, and before January 1, 2004,
24except that changes to the Internal Revenue Code made by P.L.
108-27, excluding
25sections 106, 201, and 202 of P.L.
108-27, P.L.
108-121, excluding section 109 of P.L.
1108-121, P.L.
108-173, excluding section 1201 of P.L.
108-173, P.L.
108-203, P.L.
2108-218, P.L.
108-311, excluding sections 306, 307, 308,
316, 401, and 403 (a) of P.L.
3108-311, P.L.
108-357, excluding sections 101, 201,
211, 242, 244, 336, 337,
422, 847, 4909, and 910 of P.L.
108-357,
and P.L.
108-375,
P.L. 109-7, P.L. 109-58, excluding
5sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351
6of P.L. 109-58, P.L. 109-135, excluding sections 101, 105, 201 (a) as it relates to
7section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L. 109-135, and P.L.
8109-280, excluding sections 811 and 844 of P.L. 109-280, and changes that indirectly
9affect the provisions applicable to this subchapter made by P.L.
108-27, excluding
10sections 106, 201, and 202 of P.L.
108-27, P.L.
108-121, excluding section 109 of P.L.
11108-121, P.L.
108-173, excluding section 1201 of P.L.
108-173, P.L.
108-203, P.L.
12108-218, P.L.
108-311, excluding sections 306, 307, 308,
316, 401, and 403 (a) of P.L.
13108-311, P.L.
108-357, excluding sections 101, 201,
211, 242, 244, 336, 337,
422, 847, 14909, and 910 of P.L.
108-357,
and P.L.
108-375,
P.L. 109-7, P.L. 109-58, excluding
15sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351
16of P.L. 109-58, P.L. 109-135, excluding sections 101, 105, 201 (a) as it relates to
17section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L. 109-135, and P.L.
18109-280, excluding sections 811 and 844 of P.L. 109-280, apply for Wisconsin
19purposes at the same time as for federal purposes.
SB1, s. 2083
20Section
2083. 71.42 (2) (p) of the statutes is amended to read:
SB1,972,521
71.42
(2) (p) For taxable years that begin after December 31, 2003, and before
22January 1, 2005, "Internal Revenue Code" means the federal Internal Revenue Code
23as amended to December 31, 2003, excluding sections 103, 104, and 110 of P.L.
24102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66,
25sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
106-519,
1sections 162 and 165 of P.L.
106-554, P.L.
106-573, section 431 of P.L.
107-16,
section 2sections 101
and 301 (a) of P.L.
107-147, sections 106, 201, and 202 of P.L.
108-27,
3section 109 of P.L.
108-121, and section 1201 of P.L.
108-173, and as amended by P.L.
4108-203, P.L.
108-218, P.L.
108-311, excluding sections 306, 307, 308,
316, 401, and
5403 (a) of P.L.
108-311, P.L.
108-357, excluding sections 101, 201,
211, 242, 244, 336,
6337,
422, 847, 909, and 910 of P.L.
108-357, P.L.
108-375,
and P.L.
108-476,
P.L.
7109-7, P.L. 109-58, excluding sections 1305, 1308, 1309, 1310, 1323, 1324, 1325,
81326, 1328, 1329, 1348, and 1351 of P.L. 109-58, P.L. 109-73, excluding section 301
9of P.L. 109-73, P.L. 109-135, excluding sections 101, 105, 201 (a) as it relates to
10section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L. 109-135, P.L. 109-227,
11and P.L. 109-280, excluding sections 811 and 844 of P.L. 109-280, and as indirectly
12affected by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
13101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104, and
14110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections
1513113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
16103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188, excluding sections 1123 (b), 1202
17(c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
18105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
19106-170, P.L.
106-230, P.L.
106-554, excluding sections 162 and 165 of P.L.
106-554,
20P.L.
107-15, P.L.
107-16, excluding section 431 of P.L.
107-16, P.L.
107-22, P.L.
21107-116, P.L.
107-134, P.L.
107-147, excluding
section
sections 101
and 301 (a) of
22P.L.
107-147, P.L.
107-181, P.L.
107-210, P.L.
107-276, P.L.
107-358, P.L.
108-27,
23excluding sections 106, 201, and 202 of P.L.
108-27, P.L.
108-121, excluding section
24109 of P.L.
108-121, P.L.
108-173, excluding section 1201 of P.L.
108-173, P.L.
25108-203, P.L.
108-218, P.L.
108-311, excluding sections 306, 307, 308,
316, 401, and
1403 (a) of P.L.
108-311, P.L.
108-357, excluding sections 101, 201,
211, 242, 244, 336,
2337,
422, 847, 909, and 910 of P.L.
108-357, P.L.
108-375,
and P.L.
108-476,
P.L.
3109-7, P.L. 109-58, excluding sections 1305, 1308, 1309, 1310, 1323, 1324, 1325,
41326, 1328, 1329, 1348, and 1351 of P.L. 109-58, P.L. 109-73, excluding section 301
5of P.L. 109-73, P.L. 109-135, excluding sections 101, 105, 201 (a) as it relates to
6section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L. 109-135, P.L. 109-227,
7and P.L. 109-280, excluding sections 811 and 844 of P.L. 109-280, except that
8"Internal Revenue Code" does not include section 847 of the federal Internal Revenue
9Code. The Internal Revenue Code applies for Wisconsin purposes at the same time
10as for federal purposes. Amendments to the federal Internal Revenue Code enacted
11after December 31, 2003, do not apply to this paragraph with respect to taxable years
12beginning after December 31, 2003, and before January 1, 2005, except that changes
13to the Internal Revenue Code made by P.L.
108-203, P.L.
108-218, P.L.
108-311,
14excluding sections 306, 307, 308,
316, 401, and 403 (a) of P.L.
108-311, P.L.
108-357,
15excluding sections 101, 201,
211, 242, 244, 336, 337,
422, 847, 909, and 910 of P.L.
16108-357, P.L.
108-375,
and P.L.
108-476,
P.L. 109-7, P.L. 109-58, excluding sections
171305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L.
18109-58, P.L. 109-73, excluding section 301 of P.L. 109-73, P.L. 109-135, excluding
19sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e), (j), and
20(q), and 405 of P.L. 109-135, P.L. 109-227, and P.L. 109-280, excluding sections 811
21and 844 of P.L. 109-280, and changes that indirectly affect the provisions applicable
22to this subchapter made by P.L.
108-203, P.L.
108-218, P.L.
108-311, excluding
23sections 306, 307, 308,
316, 401, and 403 (a) of P.L.
108-311, P.L.
108-357, excluding
24sections 101, 201,
211, 242, 244, 336, 337,
422, 847, 909, and 910 of P.L.
108-357, P.L.
25108-375,
and P.L.
108-476,
P.L. 109-7, P.L. 109-58, excluding sections 1305, 1308,
11309, 1310, 1323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L. 109-58, P.L.
2109-73, excluding section 301 of P.L. 109-73, P.L. 109-135, excluding sections 101,
3105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of
4P.L. 109-135, P.L. 109-227, and P.L. 109-280, excluding sections 811 and 844 of P.L.
5109-280, apply for Wisconsin purposes at the same time as for federal purposes.
SB1, s. 2084
6Section
2084. 71.42 (2) (q) of the statutes is amended to read:
SB1,974,137
71.42
(2) (q) For taxable years that begin after December 31, 2004,
and before
8January 1, 2006, "Internal Revenue Code" means the federal Internal Revenue Code
9as amended to December 31, 2004, excluding sections 103, 104, and 110 of P.L.
10102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66,
11sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, sections 1, 3,
124, and 5 of P.L.
106-519, sections 162 and 165 of P.L.
106-554, P.L.
106-573, section
13431 of P.L.
107-16,
section sections 101
and 301 (a) of P.L.
107-147, sections 106, 201,
14and 202 of P.L.
108-27, section 1201 of P.L.
108-173, sections 306, 308,
316, 401, and
15403 (a) of P.L.
108-311, and sections 101, 201,
211, 242, 244, 336, 337,
422, 847, 909,
16and 910 of P.L.
108-357,
and as amended by P.L. 109-7, P.L. 109-58, excluding
17sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351
18of P.L. 109-58, P.L. 109-73, excluding section 301 of P.L. 109-73, P.L. 109-135,
19excluding sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e),
20(j), and (q), and 405 of P.L. 109-135, P.L. 109-151, P.L. 109-222, excluding sections
21101, 207, 209, 503, 512, and 513 of P.L. 109-222, P.L. 109-227, and P.L. 109-280,
22excluding sections 811 and 844 of P.L. 109-280, and as indirectly affected by P.L.
2399-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
24101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104, and 110 of P.L.
25102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150
1(d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
2103-465, P.L.
104-7, P.L.
104-188, excluding sections 1123 (b), 1202 (c), 1204 (f),
31311, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
4105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
106-170, P.L.
5106-230, P.L.
106-554, excluding sections 162 and 165 of P.L.
106-554, P.L.
107-15,
6P.L.
107-16, excluding section 431 of P.L.
107-16, P.L.
107-22, P.L.
107-116, P.L.
7107-134, P.L.
107-147, excluding
section sections 101
and 301 (a) of P.L.
107-147,
8P.L.
107-181, P.L.
107-210, P.L.
107-276, P.L.
107-358, P.L.
108-27, excluding
9sections 106, 201, and 202 of P.L.
108-27, P.L.
108-121, P.L.
108-173, excluding
10section 1201 of P.L.
108-173, P.L.
108-203, P.L.
108-218, P.L.
108-311, excluding
11sections 306, 308,
316, 401, and 403 (a) of P.L.
108-311, P.L.
108-357, excluding
12sections 101, 201,
211, 242, 244, 336, 337,
422, 847, 909, and 910 of P.L.
108-357, P.L.
13108-375,
and P.L.
108-476,
P.L. 109-7, P.L. 109-58, excluding sections 1305, 1308,
141309, 1310, 1323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L. 109-58, P.L.
15109-73, excluding section 301 of P.L. 109-73, P.L. 109-135, excluding sections 101,
16105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of
17P.L. 109-135, P.L. 109-151, P.L. 109-222, excluding sections 101, 207, 209, 503, 512,
18and 513 of P.L. 109-222, P.L. 109-227, and P.L. 109-280, excluding sections 811 and
19844 of P.L. 109-280, except that "Internal Revenue Code" does not include section
20847 of the federal Internal Revenue Code. The Internal Revenue Code applies for
21Wisconsin purposes at the same time as for federal purposes. Amendments to the
22federal Internal Revenue Code enacted after December 31, 2004, do not apply to this
23paragraph with respect to taxable years beginning after December 31, 2004
, and
24before January 1, 2006, except that changes to the Internal Revenue Code made by
25P.L. 109-7, P.L. 109-58, excluding sections 1305, 1308, 1309, 1310, 1323, 1324, 1325,
11326, 1328, 1329, 1348, and 1351 of P.L. 109-58, P.L. 109-73, excluding section 301
2of P.L. 109-73, P.L. 109-135, excluding sections 101, 105, 201 (a) as it relates to
3section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L. 109-135, P.L. 109-151,
4P.L. 109-222, excluding sections 101, 207, 209, 503, 512, and 513 of P.L. 109-222, P.L.
5109-227, and P.L. 109-280, excluding sections 811 and 844 of P.L. 109-280, and
6changes that indirectly affect the provisions applicable to this subchapter made by
7P.L. 109-7, P.L. 109-58, excluding sections 1305, 1308, 1309, 1310, 1323, 1324, 1325,
81326, 1328, 1329, 1348, and 1351 of P.L. 109-58, P.L. 109-73, excluding section 301
9of P.L. 109-73, P.L. 109-135, excluding sections 101, 105, 201 (a) as it relates to
10section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L. 109-135, P.L. 109-151,
11P.L. 109-222, excluding sections 101, 207, 209, 503, 512, and 513 of P.L. 109-222, P.L.
12109-227, and P.L. 109-280, excluding sections 811 and 844 of P.L. 109-280, apply for
13Wisconsin purposes at the same time as for federal purposes.
SB1, s. 2085
14Section
2085. 71.42 (2) (r) of the statutes is created to read:
SB1,976,1315
71.42
(2) (r) For taxable years that begin after December 31, 2005, and before
16January 1, 2007, "Internal Revenue Code" means the federal Internal Revenue Code
17as amended to December 31, 2005, excluding sections 103, 104, and 110 of P.L.
18102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66,
19sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, sections 1, 3,
204, and 5 of P.L.
106-519, sections 162 and 165 of P.L.
106-554, P.L.
106-573, section
21431 of P.L.
107-16, sections 101 and 301 (a) of P.L.
107-147, sections 106, 201, and
22202 of P.L.
108-27, section 1201 of P.L.
108-173, sections 306, 308, 316, 401, and 403
23(a) of P.L.
108-311, sections 101, 201, 211, 242, 244, 336, 337, 422, 847, 909, and 910
24of P.L.
108-357, P.L.
109-1, sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326,
251328, 1329, 1348, and 1351 of P.L.
109-58, section 11146 of P.L.
109-59, section 301
1of P.L.
109-73, and sections 101, 105, 201 (a) as it relates to section 1400S (a), 402
2(e), 403 (e), (j), and (q), and 405 of P.L.
109-135, and as amended by P.L.
109-222,
3excluding sections 101, 207, 209, 503, 512, and 513 of P.L.
109-222, P.L.
109-227, and
4P.L.
109-280, excluding sections 811 and 844 of P.L.
109-280, and as indirectly
5affected by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
6101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104, and
7110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections
813113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
9103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188, excluding sections 1123 (b), 1202
10(c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
11105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
12106-170, P.L.
106-230, P.L.
106-554, excluding sections 162 and 165 of P.L.
106-554,
13P.L.
107-15, P.L.
107-16, excluding section 431 of P.L.
107-16, P.L.
107-22, P.L.
14107-116, P.L.
107-134, P.L.
107-147, excluding sections 101 and 301 (a) of P.L.
15107-147, P.L.
107-181, P.L.
107-210, P.L.
107-276, P.L.
107-358, P.L.
108-27,
16excluding sections 106, 201, and 202 of P.L.
108-27, P.L.
108-121, P.L.
108-173,
17excluding section 1201 of P.L.
108-173, P.L.
108-203, P.L.
108-218, P.L.
108-311,
18excluding sections 306, 308, 316, 401, and 403 (a) of P.L.
108-311, P.L.
108-357,
19excluding sections 101, 201, 211, 242, 244, 336, 337, 422, 847, 909, and 910 of P.L.
20108-357, P.L.
108-375, P.L.
108-476, P.L.
109-7, P.L.
109-58, excluding sections
211305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L.
22109-58, P.L.
109-59, excluding section 11146 of P.L.
109-59, P.L.
109-73, excluding
23section 301 of P.L.
109-73, P.L.
109-135, excluding sections 101, 105, 201 (a) as it
24relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L.
109-135, P.L.
25109-151, P.L.
109-222, excluding sections 101, 207, 209, 503, 512, and 513 of P.L.
1109-222, P.L.
109-227, and P.L.
109-280, excluding sections 811 and 844 of P.L.
2109-280, except that "Internal Revenue Code" does not include section 847 of the
3federal Internal Revenue Code. The Internal Revenue Code applies for Wisconsin
4purposes at the same time as for federal purposes. Amendments to the federal
5Internal Revenue Code enacted after December 31, 2005, do not apply to this
6paragraph with respect to taxable years beginning after December 31, 2005, and
7before January 1, 2007, except that changes to the Internal Revenue Code made by
8P.L.
109-222, excluding sections 101, 207, 209, 503, 512, and 513 of P.L.
109-222, P.L.
9109-227, and P.L.
109-280, excluding sections 811 and 844 of P.L.
109-280, and
10changes that indirectly affect the provisions applicable to this subchapter made by
11P.L.
109-222, excluding sections 101, 207, 209, 503, 512, and 513 of P.L.
109-222, P.L.
12109-227, and P.L.
109-280, excluding sections 811 and 844 of P.L.
109-280, apply for
13Wisconsin purposes at the same time as for federal purposes.
SB1, s. 2086
14Section
2086. 71.42 (2) (s) of the statutes is created to read:
SB1,978,515
71.42
(2) (s) For taxable years that begin after December 31, 2006, "Internal
16Revenue Code" means the federal Internal Revenue Code as amended to
17December 31, 2006, excluding sections 103, 104, and 110 of P.L.
102-227, sections
1813113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, sections 1123 (b),
191202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, sections 1, 3, 4, and 5 of P.L.
20106-519, sections 162 and 165 of P.L.
106-554, P.L.
106-573, section 431 of P.L.
21107-16, sections 101 and 301 (a) of P.L.
107-147, sections 106, 201, and 202 of P.L.
22108-27, section 1201 of P.L.
108-173, sections 306, 308, 316, 401, and 403 (a) of P.L.
23108-311, sections 101, 201, 211, 242, 244, 336, 337, 422, 847, 909, and 910 of P.L.
24108-357, P.L.
109-1, sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328,
251329, 1348, and 1351 of P.L.
109-58, section 11146 of P.L.
109-59, section 301 of P.L.
1109-73, sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e),
2(j), and (q), and 405 of P.L.
109-135, sections 101, 207, 209, 503, 512, and 513 of P.L.
3109-222, sections 811 and 844 of P.L.
109-280, and P.L.
109-432, and as indirectly
4affected by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
5101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104, and
6110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections
713113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
8103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188, excluding sections 1123 (b), 1202
9(c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
10105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
11106-170, P.L.
106-230, P.L.
106-554, excluding sections 162 and 165 of P.L.
106-554,
12P.L.
107-15, P.L.
107-16, excluding section 431 of P.L.
107-16, P.L.
107-22, P.L.
13107-116, P.L.
107-134, P.L.
107-147, excluding sections 101 and 301 (a) of P.L.
14107-147, P.L.
107-181, P.L.
107-210, P.L.
107-276, P.L.
107-358, P.L.
108-27,
15excluding sections 106, 201, and 202 of P.L.
108-27, P.L.
108-121, P.L.
108-173,
16excluding section 1201 of P.L.
108-173, P.L.
108-203, P.L.
108-218, P.L.
108-311,
17excluding sections 306, 308, 316, 401, and 403 (a) of P.L.
108-311, P.L.
108-357,
18excluding sections 101, 201, 211, 242, 244, 336, 337, 422, 847, 909, and 910 of P.L.
19108-357, P.L.
108-375, P.L.
108-476, P.L.
109-7, P.L.
109-58, excluding sections
201305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L.
21109-58, P.L.
109-59, excluding section 11146 of P.L.
109-59, P.L.
109-73, excluding
22section 301 of P.L.
109-73, P.L.
109-135, excluding sections 101, 105, 201 (a) as it
23relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L.
109-135, P.L.
24109-151, P.L.
109-222, excluding sections 101, 207, 209, 503, 512, and 513 of P.L.
25109-222, P.L.
109-227, and P.L.
109-280, excluding sections 811 and 844 of P.L.
1109-280, except that "Internal Revenue Code" does not include section 847 of the
2federal Internal Revenue Code. The Internal Revenue Code applies for Wisconsin
3purposes at the same time as for federal purposes. Amendments to the federal
4Internal Revenue Code enacted after December 31, 2006, do not apply to this
5paragraph with respect to taxable years beginning after December 31, 2006.
SB1, s. 2086k
6Section 2086k. 71.43 (1) of the statutes is amended to read:
SB1,978,177
71.43
(1) Income tax. For the purpose of raising revenue for the state and the
8counties, cities, villages and towns, there shall be assessed, levied, collected and paid
9a tax as provided under this chapter on all Wisconsin net incomes of corporations that
10are not subject to the franchise tax under sub. (2) and that own property within this
11state; that derive income from sources within this state or from activities that are
12attributable to this state; or whose business within this state during the taxable year,
13except as provided under s. 71.23 (3), consists exclusively of foreign commerce,
14interstate commerce, or both, or that buy or sell lottery prizes if the winning tickets
15were originally bought in this state; except as exempted under ss. 71.26 (1) and 71.45
16(1)
(a). This section shall not be construed to prevent or affect the correction of errors
17or omissions in the assessments of income for former years under s. 71.74 (1) and (2).
SB1, s. 2086L
18Section 2086L. 71.43 (2) of the statutes is amended to read:
SB1,979,1419
71.43
(2) Franchise tax on corporations. For the privilege of exercising its
20franchise, buying or selling lottery prizes if the winning tickets were originally
21bought in this state or doing business in this state in a corporate capacity, except as
22provided under s. 71.23 (3), every domestic or foreign corporation, except
23corporations specified in ss. 71.26 (1) and 71.45 (1)
(a), shall annually pay a franchise
24tax according to or measured by its entire Wisconsin net income of the preceding
25taxable year at the rates set forth in s. 71.46 (2). In addition, except as provided in
1ss. 71.23 (3), 71.26 (1) and 71.45 (1)
(a), a corporation that ceases doing business in
2this state shall pay a special franchise tax according to or measured by its entire
3Wisconsin net income for the taxable year during which the corporation ceases doing
4business in this state at the rate under s. 71.46 (2). Every corporation organized
5under the laws of this state shall be deemed to be residing within this state for the
6purposes of this franchise tax. All provisions of this chapter and ch. 73 relating to
7income taxation of corporations shall apply to franchise taxes imposed under this
8subsection, unless the context requires otherwise. The tax imposed by this
9subsection on insurance companies subject to taxation under this chapter shall be
10based on Wisconsin net income computed under s. 71.45, and no other provision of
11this chapter relating to computation of taxable income for other corporations shall
12apply to such insurance companies. All other provisions of this chapter shall apply
13to insurance companies subject to taxation under this chapter unless the context
14clearly requires otherwise.
SB1, s. 2087
15Section
2087. 71.44 (3) of the statutes is amended to read:
SB1,980,616
71.44
(3) Extensions. In the case of a corporation required to file a return,
17when sufficient reason is shown, the department of revenue
may on written request 18shall allow an
automatic extension of
30 days 7 months or until the original due date
19of the corporation's
corresponding federal return, whichever is later
, if the
20corporation has not received an extension on its federal return. Any extension of time
21granted by law or by the internal revenue service for the filing of corresponding
22federal returns shall extend the time for filing under this subchapter to 30 days after
23the federal due date if
a copy of any extension requested of the internal revenue
24service is filed with the corporation reports the extension in the manner specified by
25the department on the return.
Termination of an automatic extension by the internal
1revenue service, or its refusal to grant such automatic extension, shall similarly
2require that any returns due under this subchapter are due on or before 30 days after
3the date for termination fixed by the internal revenue service. Except for payments
4of estimated taxes, income or franchise taxes payable upon the filing of the tax return
5shall not become delinquent during such extension period, but shall be subject to
6interest at the rate of 12% per year during such period.
SB1, s. 2087e
7Section 2087e. 71.45 (1) of the statutes is renumbered 71.45 (1) (intro.) and
8amended to read:
SB1,980,109
71.45
(1) Exempt and excludable income. (intro.) There shall be exempt from
10taxation under this subchapter income
as follows:
SB1,981,3
11(a) Income of insurers exempt from federal income taxation pursuant to section
12501 (c) (15) of the internal revenue code, town mutuals organized under or subject
13to ch. 612, foreign insurers, and domestic insurers engaged exclusively in life
14insurance business, domestic insurers insuring against financial loss by reason of
15nonpayment of principal, interest and other sums agreed to be paid under the terms
16of any note or bond or other evidence of indebtedness secured by a mortgage, deed
17of trust or other instrument constituting a lien or charge on real estate and
18corporations organized under ch. 185, but not including income of cooperative
19sickness care associations organized under s. 185.981, or of a service insurance
20corporation organized under ch. 613, that is derived from a health maintenance
21organization as defined in s. 609.01 (2) or a limited service health organization as
22defined in s. 609.01 (3), or operating under subch. I of ch. 616 which are bona fide
23cooperatives operated without pecuniary profit to any shareholder or member, or
24operated on a cooperative plan pursuant to which they determine and distribute
25their proceeds in substantial compliance with s. 185.45. This
subsection paragraph
1does not apply to income that is realized from the sale of or purchase and subsequent
2sale or redemption of lottery prizes if the winning tickets were originally bought in
3this state.
SB1, s. 2087g
4Section 2087g. 71.45 (1) (b) of the statutes is created to read:
SB1,981,75
71.45
(1) (b) For taxable years beginning after December 31, 2006, the amount
6of any incentive payment received by an individual under s. 23.33 (5r) in the taxable
7year to which the claim relates.
SB1, s. 2087h
8Section 2087h. 71.45 (1t) (i) of the statutes is created to read:
SB1,981,129
71.45
(1t) (i) Those issued under s. 231.03 (6), on or after the effective date of
10this paragraph .... [revisor inserts date], if the proceeds from the obligations that are
11issued are used by a health facility, as defined in s. 231.01 (5), to fund the acquisition
12of information technology hardware or software.
SB1, s. 2088
13Section
2088. 71.45 (2) (a) 10. of the statutes is amended to read:
SB1,981,2014
71.45
(2) (a) 10. By adding to federal taxable income the amount of credit
15computed under s. 71.47 (1dd) to (1dx),
(3h), (3n),
(3p), (3w),
(5b), (5e), (5f), (5g),
and 16(5h)
, (5i), (5j), and (5k) and not passed through by a partnership, limited liability
17company, or tax-option corporation that has added that amount to the partnership's,
18limited liability company's, or tax-option corporation's income under s. 71.21 (4) or
1971.34 (1) (g) and the amount of credit computed under s. 71.47 (1), (3), (3t), (4), and
20(5).
SB1, s. 2090
21Section
2090. 71.47 (1dx) (a) 5. of the statutes is amended to read:
SB1,982,922
71.47
(1dx) (a) 5. "Member of a targeted group" means a person who resides
23in an area designated by the federal government as an economic revitalization area,
24a person who is employed in an unsubsidized job but meets the eligibility
25requirements under s. 49.145 (2) and (3) for a Wisconsin Works employment position,
1a person who is employed in a trial job, as defined in s. 49.141 (1) (n),
or in a real work,
2real pay project position under s. 49.147 (3m), a person who is eligible for child care
3assistance under s. 49.155, a person who is a vocational rehabilitation referral, an
4economically disadvantaged youth, an economically disadvantaged veteran, a
5supplemental security income recipient, a general assistance recipient, an
6economically disadvantaged ex-convict, a qualified summer youth employee, as
7defined in
26 USC 51 (d) (7), a dislocated worker, as defined in
29 USC 2801 (9), or
8a food stamp recipient, if the person has been certified in the manner under sub. (1dj)
9(am) 3. by a designated local agency, as defined in sub. (1dj) (am) 2.
SB1, s. 2091
10Section
2091. 71.47 (1dx) (b) 2. of the statutes is amended to read:
SB1,982,1511
71.47
(1dx) (b) 2. The amount determined by multiplying the amount
12determined under s. 560.785 (1) (b) by the number of full-time jobs created in a
13development zone and filled by a member of a targeted group and by then subtracting
14the subsidies paid under s. 49.147 (3) (a)
or the subsidies and reimbursements paid
15under s. 49.147 (3m) (c) for those jobs.
SB1, s. 2092
16Section
2092. 71.47 (1dx) (b) 3. of the statutes is amended to read:
SB1,982,2117
71.47
(1dx) (b) 3. The amount determined by multiplying the amount
18determined under s. 560.785 (1) (c) by the number of full-time jobs created in a
19development zone and not filled by a member of a targeted group and by then
20subtracting the subsidies paid under s. 49.147 (3) (a)
or the subsidies and
21reimbursements paid under s. 49.147 (3m) (c) for those jobs.
SB1, s. 2093
22Section
2093. 71.47 (1dx) (b) 4. of the statutes is amended to read:
SB1,983,423
71.47
(1dx) (b) 4. The amount determined by multiplying the amount
24determined under s. 560.785 (1) (bm) by the number of full-time jobs retained, as
25provided in the rules under s. 560.785, excluding jobs for which a credit has been
1claimed under sub. (1dj), in an enterprise development zone under s. 560.797 and for
2which significant capital investment was made and by then subtracting the
3subsidies paid under s. 49.147 (3) (a)
or the subsidies and reimbursements paid
4under s. 49.147 (3m) (c) for those jobs.
SB1, s. 2094
5Section
2094. 71.47 (1dx) (b) 5. of the statutes is amended to read:
SB1,983,116
71.47
(1dx) (b) 5. The amount determined by multiplying the amount
7determined under s. 560.785 (1) (c) by the number of full-time jobs retained, as
8provided in the rules under s. 560.785, excluding jobs for which a credit has been
9claimed under sub. (1dj), in a development zone and not filled by a member of a
10targeted group and by then subtracting the subsidies paid under s. 49.147 (3) (a)
or
11the subsidies and reimbursements paid under s. 49.147 (3m) (c) for those jobs.
SB1, s. 2094h
12Section 2094h. 71.47 (3h) of the statutes is created to read:
SB1,983,1413
71.47
(3h) Biodiesel fuel production credit. (a)
Definitions. In this
14subsection:
SB1,983,1515
1. "Biodiesel fuel" has the meaning given in s. 168.14 (2m) (a).
SB1,983,1716
2. "Claimant" means a person who is engaged in the business of producing
17biodiesel fuel in this state and who files a claim under this subsection.
SB1,983,2418
(b)
Filing claims. Subject to the limitations provided in this subsection, for
19taxable years beginning after December 31, 2009, and before January 1, 2013, for a
20claimant who produces at least 2,500,000 gallons of biodiesel fuel in this state in the
21taxable year, a claimant may claim as a credit against the tax imposed under s. 71.43,
22up to the amount of the tax, an amount that is equal to the number of gallons of
23biodiesel fuel produced by the claimant in this state in the taxable year multiplied
24by 10 cents.
SB1,984,2
1(c)
Limitations. 1. The maximum amount of the credit that a claimant may
2claim under this subsection in a taxable year is $1,000,000.