AB75-SSA1-SA9,1,4 4" Section 619d. 20.835 (2) (a) of the statutes is created to read:
AB75-SSA1-SA9,1,65 20.835 (2) (a) Jobs creation credit. A sum sufficient to make the payments
6under ss. 71.07 (3x) (d) 2., 71.28 (3x) (d) 2., and 71.47 (3x) (d) 2.".
AB75-SSA1-SA9,1,7 73. Page 772, line 23: after "(3w)," insert "(3x),".
AB75-SSA1-SA9,1,8 84. Page 783, line 5: after that line insert:
AB75-SSA1-SA9,1,9 9" Section 1571d. 71.07 (3x) of the statutes is created to read:
AB75-SSA1-SA9,2,3
171.07 (3x) Jobs creation tax credit. (a) Definitions. In this subsection,
2"claimant" means a person who is certified to claim tax benefits under s. 560.2057
3(2).
AB75-SSA1-SA9,2,74 (b) Filing claims. Subject to the limitations provided in this subsection and s.
5560.2057, for taxable years beginning after December 31, 2009, a claimant may claim
6as a credit against the taxes imposed under ss. 71.02 and 71.08 the amount
7determined under s. 560.2057 (4) (b).
AB75-SSA1-SA9,2,158 (c) Limitations. 1. Partnerships, limited liability companies, and tax-option
9corporations may not claim the credit under this subsection, but the eligibility for,
10and the amount of, the credit are based on their payment of the amounts determined
11under s. 560.2057 (4) (b). A partnership, limited liability company, or tax-option
12corporation shall compute the amount of credit that each of its partners, members,
13or shareholders may claim and shall provide that information to each of them.
14Partners, members of limited liability companies, and shareholders of tax-option
15corporations may claim the credit in proportion to their ownership interests.
AB75-SSA1-SA9,2,1816 2. No credit may be allowed under this subsection unless the claimant includes
17with the claimant's return a copy of the claimant's certification for tax benefits under
18s. 560.2057 (2).
AB75-SSA1-SA9,2,2019 (d) Administration. 1. Section 71.28 (4) (e), (g), and (h), as it applies to the
20credit under s. 71.28 (4), applies to the credit under this subsection.
AB75-SSA1-SA9,2,2521 2. If the allowable amount of the claim under par. (b) exceeds the tax otherwise
22due under s. 71.02 or 71.08, the amount of the claim not used to offset the tax due
23shall be certified by the department of revenue to the department of administration
24for payment by check, share draft, or other draft drawn from the appropriation
25account under s. 20.835 (2) (a).".
AB75-SSA1-SA9,2,26
15. Page 796, line 1: after "(3w)," insert "(3x),".
AB75-SSA1-SA9,3,3 26. Page 797, line 1: after "(3r)," insert "jobs creation tax credit under s. 71.07
3(3x),
".
AB75-SSA1-SA9,3,4 47. Page 840, line 15: after "(3w)," insert "(3x),".
AB75-SSA1-SA9,3,5 58. Page 888, line 2: after that line insert:
AB75-SSA1-SA9,3,6 6" Section 1654d. 71.28 (3x) of the statutes is created to read:
AB75-SSA1-SA9,3,97 71.28 (3x) Jobs creation tax credit. (a) Definitions. In this subsection,
8"claimant" means a person who is certified to claim tax benefits under s. 560.2057
9(2).
AB75-SSA1-SA9,3,1310 (b) Filing claims. Subject to the limitations provided in this subsection and s.
11560.2057, for taxable years beginning after December 31, 2009, a claimant may claim
12as a credit against the tax imposed under s. 71.23 the amount determined under s.
13560.2057 (4) (b).
AB75-SSA1-SA9,3,2114 (c) Limitations. 1. Partnerships, limited liability companies, and tax-option
15corporations may not claim the credit under this subsection, but the eligibility for,
16and the amount of, the credit are based on their payment of the amounts determined
17under s. 560.2057 (4) (b). A partnership, limited liability company, or tax-option
18corporation shall compute the amount of credit that each of its partners, members,
19or shareholders may claim and shall provide that information to each of them.
20Partners, members of limited liability companies, and shareholders of tax-option
21corporations may claim the credit in proportion to their ownership interests.
AB75-SSA1-SA9,3,2422 2. No credit may be allowed under this subsection unless the claimant includes
23with the claimant's return a copy of the claimant's certification for tax benefits under
24s. 560.2057 (2).
AB75-SSA1-SA9,4,2
1(d) Administration. 1. Subsection (4) (e), (g), and (h), as it applies to the credit
2under sub. (4), applies to the credit under this subsection.
AB75-SSA1-SA9,4,73 2. If the allowable amount of the claim under par. (b) exceeds the tax otherwise
4due under s. 71.23, the amount of the claim not used to offset the tax due shall be
5certified by the department of revenue to the department of administration for
6payment by check, share draft, or other draft drawn from the appropriation account
7under s. 20.835 (2) (a).".
AB75-SSA1-SA9,4,9 89. Page 900, line 11: after "(3w)," insert "jobs creation tax credit under s. 71.28
9(3x),
".
AB75-SSA1-SA9,4,10 1010. Page 919, line 22: after "(3w)," insert "(3x),".
AB75-SSA1-SA9,4,11 1111. Page 939, line 2: after "(3w)," insert "(3x),".
AB75-SSA1-SA9,4,12 1212. Page 941, line 21: after that line insert:
AB75-SSA1-SA9,4,13 13" Section 1720d. 71.47 (3x) of the statutes is created to read:
AB75-SSA1-SA9,4,1614 71.47 (3x) Jobs creation tax credit. (a) Definitions. In this subsection,
15"claimant" means a person who is certified to claim tax benefits under s. 560.2057
16(2).
AB75-SSA1-SA9,4,2017 (b) Filing claims. Subject to the limitations provided in this subsection and s.
18560.2057, for taxable years beginning after December 31, 2009, a claimant may claim
19as a credit against the tax imposed under s. 71.43 the amount determined under s.
20560.2057 (4) (b).
AB75-SSA1-SA9,5,421 (c) Limitations. 1. Partnerships, limited liability companies, and tax-option
22corporations may not claim the credit under this subsection, but the eligibility for,
23and the amount of, the credit are based on their payment of the amounts determined
24under s. 560.2057 (4) (b). A partnership, limited liability company, or tax-option

1corporation shall compute the amount of credit that each of its partners, members,
2or shareholders may claim and shall provide that information to each of them.
3Partners, members of limited liability companies, and shareholders of tax-option
4corporations may claim the credit in proportion to their ownership interests.
AB75-SSA1-SA9,5,75 2. No credit may be allowed under this subsection unless the claimant includes
6with the claimant's return a copy of the claimant's certification for tax benefits under
7s. 560.2057 (2).
AB75-SSA1-SA9,5,98 (d) Administration. 1. Section 71.28 (4) (e), (g), and (h), as it applies to the
9credit under s. 71.28 (4), applies to the credit under this subsection.
AB75-SSA1-SA9,5,1410 2. If the allowable amount of the claim under par. (b) exceeds the tax otherwise
11due under s. 71.43, the amount of the claim not used to offset the tax due shall be
12certified by the department of revenue to the department of administration for
13payment by check, share draft, or other draft drawn from the appropriation account
14under s. 20.835 (2) (a).".
AB75-SSA1-SA9,5,16 1513. Page 954, line 3: after "(3w)," insert "jobs creation tax credit under s. 71.47
16(3x),
".
AB75-SSA1-SA9,5,17 1714. Page 1034, line 12: after "(3w)," insert "(3x),".
AB75-SSA1-SA9,5,18 1815. Page 1578, line 10: after that line insert:
AB75-SSA1-SA9,5,19 19" Section 3070d. 560.2057 of the statutes is created to read:
AB75-SSA1-SA9,5,20 20560.2057 Jobs creation tax credit. (1) Definitions. In this section:
AB75-SSA1-SA9,5,2321 (a) "Business" means any organization or enterprise operated for profit,
22including a proprietorship, partnership, firm, business trust, joint venture,
23syndicate, corporation, limited liability company, or association.
AB75-SSA1-SA9,6,2
1(b) "Eligible employee" means a person employed in a full-time job by a person
2certified in sub. (2).
AB75-SSA1-SA9,6,83 (c) "Full-time job" means a regular, nonseasonal full-time position in which an
4individual, as a condition of employment, is required to work at least 2,080 hours per
5year, including paid leave and holidays, and for which the individual receives pay
6that is equal to at least 150 percent of the federal minimum wage and benefits that
7are not required by federal or state law. "Full-time job" does not include initial
8training before an employment position begins.
AB75-SSA1-SA9,6,109 (d) "Tax benefits" means the jobs creation tax credit under ss. 71.07 (3x), 71.28
10(3x), and 71.47 (3x).
AB75-SSA1-SA9,6,12 11(2) Certification. The department may certify a person to receive tax benefits
12under this section if all of the following apply:
AB75-SSA1-SA9,6,1313 (a) The person is operating or intends to operate a business in this state.
AB75-SSA1-SA9,6,1514 (b) The business satisfies the eligibility criteria established by the department
15by rule under sub. (5) (f).
AB75-SSA1-SA9,6,1716 (c) The person applies under this section and enters into a contract with the
17department.
AB75-SSA1-SA9,6,21 18(3) Eligibility for tax benefits. (a) A person certified under sub. (2) may
19receive tax benefits under this section if, for the duration of each year in which the
20person claims tax benefits under this section, the person maintains employment of
21a stable number of eligible employees as specified in the contract under sub. (2) (c).
AB75-SSA1-SA9,6,2422 (b) A person certified under sub. (2) may receive tax benefits under this section
23if, in each year for which the person claims tax benefits under this section, the person
24increases net employment in the person's business by at least 15 eligible employees.
AB75-SSA1-SA9,7,3
1(4) Duration and determination of benefits. (a) 1. Except as provided in subd.
22., the certification of a person under sub. (2) may remain in effect for no more than
35 cumulative years.
AB75-SSA1-SA9,7,64 2. The department may extend the certification of a person under this section
5for an additional 5 years if the department determines the business has a
6demonstrated need for the extension.
AB75-SSA1-SA9,7,107 (b) The department may award to a person certified under sub. (2) tax benefits
8for each eligible employee in an amount equal to 100 percent of the state income taxes
9paid by that employee on wages earned by that employee and from the person in the
10year for which the tax benefit is claimed.
AB75-SSA1-SA9,7,13 11(5) Duties of the department. (a) The department of commerce shall notify
12the department of revenue when the department of commerce certifies a person to
13receive tax benefits.
AB75-SSA1-SA9,7,1514 (b) The department of commerce shall notify the department of revenue within
1530 days of revoking a certification made under sub. (2).
AB75-SSA1-SA9,7,1816 (c) The department may require a person to repay any tax benefits the person
17claims for a year in which the person failed to maintain employment required by a
18contract under sub. (2) (c).
AB75-SSA1-SA9,7,2119 (d) The department shall determine the maximum amount of the tax credits
20under ss. 71.07 (3x), 71.28 (3x), and 71.47 (3x) that a certified business may claim and
21shall notify the department of revenue of this amount.
AB75-SSA1-SA9,7,2422 (e) The department shall annually verify the information submitted to the
23department by the person claiming tax benefits under ss. 71.07 (3x), 71.28 (3x), and
2471.47 (3x).
AB75-SSA1-SA9,8,2
1(f) The department shall promulgate rules for the implementation and
2operation of this section, including rules relating to the following:
AB75-SSA1-SA9,8,43 1. Criteria to be satisfied by a business for a person operating the business to
4be eligible for certification under sub. (2).
AB75-SSA1-SA9,8,75 2. Minimum wages to be paid to an eligible employee by a person employing
6that employee in order for that person to obtain and retain certification under sub.
7(2).
AB75-SSA1-SA9,8,88 3. Conditions for the revocation of a certification under par. (b).
AB75-SSA1-SA9,8,99 4. Conditions for the repayment of tax benefits under par. (c).".
AB75-SSA1-SA9,8,10 1016. Page 1788, line 11: after that line insert:
AB75-SSA1-SA9,8,21 11"(7i) Jobs creation tax benefit; emergency rules. The department of
12commerce may use the procedure under section 227.24 of the statutes to promulgate
13rules under section 560.2057 (5) (f) of the statutes, as created by this act.
14Notwithstanding section 227.24 (1) (c) and (2) of the statutes, emergency rules
15promulgated under this subsection remain in effect until July 1, 2010, or the date on
16which permanent rules take effect, whichever is sooner. Notwithstanding section
17227.24 (1) (a) and (3) of the statutes, the department is not required to provide
18evidence that promulgating a rule under this subsection as an emergency rule is
19necessary for the preservation of the public peace, health, safety, or welfare and is
20not required to provide a finding of emergency for a rule promulgated under this
21subsection.
AB75-SSA1-SA9,9,522 (7j) Jobs creation tax benefit; economic impact report. Notwithstanding
23sections 227.137 (2) and 227.138 (2) of the statutes, if the secretary of administration
24requires the department of commerce to prepare an economic impact report for the

1rules required under section 560.2057 (5) (f) of the statutes, as created by this act,
2the department may submit the proposed rules to the legislature for review under
3section 227.19 (2) of the statutes before the department completes the economic
4impact report and before the department receives a copy of the report and approval
5under section 227.138 (2) of the statutes.".
Loading...
Loading...