AB75-SSA1,890,22 d. A sports event or sports activity.
AB75-SSA1,890,33 e. A gala presentation or awards show.
AB75-SSA1,890,44 f. A finished production that solicits funds.
AB75-SSA1,890,75 g. A production for which the production company is required under 18 USC
62257
to maintain records with respect to a performer portrayed in a single media or
7multimedia program.
AB75-SSA1,890,98 h. A production produced primarily for industrial, corporate, or institutional
9purposes.
AB75-SSA1,890,1010 2. "Claimant" means a person who files a claim under this subsection.
AB75-SSA1,890,1911 3. "Production expenditures" means any expenditures that are incurred in this
12state and directly used to produce an accredited production, including expenditures
13for set construction and operation, wardrobes, make-up, clothing accessories,
14photography, sound recording, sound synchronization, sound mixing, lighting,
15editing, film processing, film transferring, special effects, visual effects, renting or
16leasing facilities or equipment, renting or leasing motor vehicles, food, lodging, and
17any other similar expenditure as determined by the department of commerce.
18"Production expenditures" do not include salary, wages, or labor-related contract
19payments.
AB75-SSA1,890,2220 (b) Filing claims. Subject to the limitations provided in this subsection, for
21taxable years beginning after December 31, 2008, a claimant may claim as a credit
22against the tax imposed under s. 71.23 any of the following amounts:
AB75-SSA1,891,723 1. An amount equal to 25 percent of the salary, wages, or labor-related contract
24payments paid by the claimant in the taxable year to individuals, including actors,
25who were residents of this state at the time that they were paid and who worked on

1an accredited production in this state, not including the salary, wages, or contract
2payments paid to any individual who was paid more than $250,000. A claimant may
3claim an additional amount equal to 3 percent of any salary, wages, or contract
4payments described in this subdivision if the individual who received the salary,
5wages, or contract payments was also living in an economically distressed area of this
6state, as determined by the department of commerce under s. 560.706 (2) (e), at the
7time that the individual was paid.
AB75-SSA1,891,148 2. An amount equal to 20 percent of the salary, wages, or labor-related contract
9payments paid by the claimant in the taxable year to individuals who were not
10residents of this state at the time that they were paid and who worked on an
11accredited production in this state, not including the salary, wages, or contract
12payments paid to any individual who was paid more than $250,000 or paid as
13above-the-line expenses to individuals such as nontechnical crew members,
14producers, writers, casting directors, and actors.
AB75-SSA1,891,1615 3. An amount equal to 25 percent of the production expenditures paid by the
16claimant in the taxable year to produce an accredited production.
AB75-SSA1,891,1917 (c) Limitations. 1. A claimant may not claim a credit under this subsection if
18less than 35 percent of the total budget for the accredited production is spent in this
19state.
AB75-SSA1,891,2320 2. The total amount of the credits that a claimant may claim under par. (b) 2.
21in a taxable year shall not exceed an amount equal to the first $20,000 of salary,
22wages, or labor-related contract payments paid to each individual described in par.
23(b) 2. in the taxable year.
AB75-SSA1,892,3
13. No credit may be claimed under par. (b) 3. for the purchase of tangible
2personal property or items, property, or goods under s. 77.52 (1) (b), (c), or (d) the sale
3of which is not sourced to this state, as provided under s. 77.522.
AB75-SSA1,892,54 4. The maximum amount of all credits that a claimant may claim under this
5subsection for each accredited production is $10,000,000.
AB75-SSA1,892,106 5. The maximum amount of the credits that may be claimed under this
7subsection and sub. (5h) and ss. 71.07 (5f) and (5h) and 71.47 (5f) and (5h) in fiscal
8year 2009-10 is $1,500,000. The maximum amount of the credits that may be
9claimed under this subsection and sub. (5h) and ss. 71.07 (5f) and (5h) and 71.47 (5f)
10and (5h) in fiscal year 2010-11 is $1,500,000.
AB75-SSA1,892,1711 6. No credit may be allowed under this subsection unless the claimant files an
12application with the department of commerce, at the time and in the manner
13prescribed by the department of commerce, and the department of commerce
14approves the application. The claimant shall submit a fee with the application in an
15amount equal to 2 percent of the claimant's budgeted production expenditures or to
16$5,000, whichever is less. The claimant shall submit a copy of the approved
17application with the claimant's return.
AB75-SSA1,892,2518 7. Partnerships, limited liability companies, and tax-option corporations may
19not claim the credit under this subsection, but the eligibility for, and the amount of,
20the credit are based on their payment of amounts under par. (b). A partnership,
21limited liability company, or tax-option corporation shall compute the amount of
22credit that each of its partners, members, or shareholders may claim and shall
23provide that information to each of them. Partners, members of limited liability
24companies, and shareholders of tax-option corporations may claim the credit in
25proportion to their ownership interest.
AB75-SSA1,893,2
1(d) Administration. 1. Subsection (4) (e), (g), and (h), as it applies to the credit
2under sub. (4), applies to the credits under this subsection.
AB75-SSA1,893,73 2. If the allowable amount of the claim under par. (b) exceeds the tax otherwise
4due under s. 71.23 or no tax is due under s. 71.23, the amount of the claim not used
5to offset the tax due shall be certified by the department of revenue to the department
6of administration for payment by check, share draft, or other draft drawn from the
7appropriation account under s. 20.835 (2) (bm).
AB75-SSA1, s. 1660bd 8Section 1660bd. 71.28 (5h) (a) 2. of the statutes is amended to read:
AB75-SSA1,893,129 71.28 (5h) (a) 2. "Film production company" means an entity that exclusively
10creates films, videos, electronic games, broadcast advertisement, or television
11productions, not including the productions described under s. 71.28
accredited
12productions, as defined in sub.
(5f) (a) 1. a. to h.
AB75-SSA1, s. 1660bg 13Section 1660bg. 71.28 (5h) (b) (intro.) of the statutes is amended to read:
AB75-SSA1,893,2014 71.28 (5h) (b) Filing claims. (intro.) Subject to the limitations provided in this
15subsection, for taxable years beginning after December 31, 2007 2008, a claimant
16may claim as a credit against the tax imposed under s. 71.23, up to the amount of the
17taxes, for the first 3 taxable years that the claimant is doing business in this state
18as a film production company,
an amount that is equal to 15 percent of the following
19that the claimant paid in the taxable year to establish or operate a film production
20company in this state:
AB75-SSA1, s. 1660c 21Section 1660c. 71.28 (5h) (b) 1. of the statutes is amended to read:
AB75-SSA1,893,2522 71.28 (5h) (b) 1. The purchase price of depreciable, tangible personal property
23and items, property, and goods under s. 77.52 (1) (b), (c), and (d), if the sale of the
24tangible personal property, items, property, or goods is sourced to this state under s.
2577.522
.
AB75-SSA1, s. 1660d
1Section 1660d. 71.28 (5h) (c) 1. of the statutes is amended to read:
AB75-SSA1,894,62 71.28 (5h) (c) 1. A claimant may claim the credit under par. (b) 1., if the tangible
3personal property, or item, property, or good under s. 77.52 (1) (b), (c), or (d), is
4purchased after December 31, 2007 2008, and the tangible personal property, item,
5property, or good
is used for at least 50 percent of its use in the claimant's business
6as a film production company.
AB75-SSA1, s. 1660e 7Section 1660e. 71.28 (5h) (c) 2. of the statutes is amended to read:
AB75-SSA1,894,138 71.28 (5h) (c) 2. A claimant may claim the credit under par. (b) 2. for an amount
9expended to construct, rehabilitate, remodel, or repair real property, if the claimant
10began the physical work of construction, rehabilitation, remodeling, or repair, or any
11demolition or destruction in preparation for the physical work, after December 31,
122007 2008, and the completed project is placed in service after December 31, 2007
132008.
AB75-SSA1, s. 1660f 14Section 1660f. 71.28 (5h) (c) 3. of the statutes is amended to read:
AB75-SSA1,894,1815 71.28 (5h) (c) 3. A claimant may claim the credit under par. (b) 2. for an amount
16expended to acquire real property, if the property is not previously owned property
17and if the claimant acquires the property after December 31, 2007 2008, and the
18completed project is placed in service after December 31, 2007 2008.
AB75-SSA1, s. 1660g 19Section 1660g. 71.28 (5h) (c) 4. of the statutes is amended to read:
AB75-SSA1,894,2420 71.28 (5h) (c) 4. No claim may be allowed under this subsection unless the
21department of commerce certifies, in writing, that the credits claimed under this
22subsection are for expenses related to establishing or operating a film production
23company in this state and the claimant submits a copy of the certification with the
24claimant's return.
AB75-SSA1, s. 1660h 25Section 1660h. 71.28 (5h) (c) 4d. of the statutes is created to read:
AB75-SSA1,895,3
171.28 (5h) (c) 4d. The maximum amount of all credits that a claimant may
2claim under this subsection for each project for which expenses are certified under
3subd. 4. is $10,000,000.
AB75-SSA1, s. 1660i 4Section 1660i. 71.28 (5h) (c) 4m. of the statutes is created to read:
AB75-SSA1,895,95 71.28 (5h) (c) 4m. The maximum amount of the credits that may be claimed
6under this subsection and sub. (5f) and ss. 71.07 (5f) and (5h) and 71.47 (5f) and (5h)
7in fiscal year 2009-10 is $1,500,000. The maximum amount of the credits that may
8be claimed under this subsection and sub. (5f) and ss. 71.07 (5f) and (5h) and 71.47
9(5f) and (5h) in fiscal year 2010-11 is $1,500,000.
AB75-SSA1, s. 1660j 10Section 1660j. 71.28 (5h) (d) of the statutes is renumbered 71.28 (5h) (d) 1. and
11amended to read:
AB75-SSA1,895,1312 71.28 (5h) (d) 1. Subsection (4) (e) to , (g), and (h), as it applies to the credit under
13sub. (4), applies to the credits under this subsection.
AB75-SSA1, s. 1660k 14Section 1660k. 71.28 (5h) (d) 2. of the statutes is created to read:
AB75-SSA1,895,1915 71.28 (5h) (d) 2. If the allowable amount of the claim under par. (b) exceeds
16the tax otherwise due under s. 71.23 or no tax is due under s. 71.23, the amount
17of the claim not used to offset the tax due shall be certified by the department of
18revenue to the department of administration for payment by check, share draft, or
19other draft drawn from the appropriation account under s. 20.835 (2) (bL).
AB75-SSA1, s. 1662 20Section 1662. 71.28 (5i) (b) of the statutes is amended to read:
AB75-SSA1,896,221 71.28 (5i) (b) Filing claims. Subject to the limitations provided in this
22subsection, for taxable years beginning after December 31, 2009 2011, a claimant
23may claim as a credit against the taxes imposed under s. 71.23, up to the amount of
24those taxes, an amount equal to 50 percent of the amount the claimant paid in the
25taxable year for information technology hardware or software that is used to

1maintain medical records in electronic form, if the claimant is a health care provider,
2as defined in s. 146.81 (1) (a) to (p).
AB75-SSA1, s. 1662d 3Section 1662d. 71.28 (5k) (b) of the statutes is amended to read:
AB75-SSA1,896,94 71.28 (5k) (b) Filing claims. Subject to the limitations provided in this
5subsection, for taxable years beginning after July 1, 2009 2011, a claimant may claim
6as a credit against the tax imposed under s. 71.23, up to the amount of those taxes,
7an amount equal to 5 percent of the amount the claimant paid in the taxable year to
8a community rehabilitation program to perform work for the claimant's business,
9pursuant to a contract.
AB75-SSA1, s. 1663 10Section 1663 . 71.28 (6) (c) of the statutes is amended to read:
AB75-SSA1,896,1611 71.28 (6) (c) No person may claim the credit under this subsection unless the
12claimant includes with the claimant's return evidence that the rehabilitation was
13approved recommended by the state historic preservation officer for approval by the
14secretary of the interior under 36 CFR 67.6 before the physical work of construction,
15or destruction in preparation for construction, began and that the rehabilitation was
16approved by the secretary of the interior under 36 CFR 67.6
.
AB75-SSA1, s. 1664 17Section 1664. 71.28 (6) (cm) of the statutes is created to read:
AB75-SSA1,896,1918 71.28 (6) (cm) Any credit claimed under this subsection for Wisconsin purposes
19shall be claimed at the same time as for federal purposes.
AB75-SSA1, s. 1665 20Section 1665. 71.28 (6) (f) of the statutes is amended to read:
AB75-SSA1,897,2021 71.28 (6) (f) A partnership, limited liability company , or tax-option corporation
22may not claim the credit under this section subsection. The individual partners of
23a partnership
, members of a limited liability company, or shareholders in a
24tax-option corporation may claim the credit under this subsection based on eligible
25costs incurred by the partnership, limited liability company, or tax-option

1corporation, in proportion to the ownership interest of each partner, member or
2shareholder. The partnership, limited liability company, or tax-option corporation
3shall calculate the amount of the credit which may be claimed by each partner,
4member, or shareholder and shall provide that information to the partner, member,
5or shareholder. For shareholders of a tax-option corporation, the credit may be
6allocated in proportion to the ownership interest of each shareholder. Credits
7computed by a partnership or limited liability company may be claimed in proportion
8to the ownership interests of the partners or members or allocated to partners or
9members as provided in a written agreement among the partners or members that
10is entered into no later than the last day of the taxable year of the partnership or
11limited liability company, for which the credit is claimed. For a partnership or
12limited liability company that places property in service after June 29, 2008, and
13before January 1, 2009, the credit attributable to such property may be allocated, at
14the election of the partnership or limited liability company, to partners or members
15for a taxable year of the partnership or limited liability company that ends after June
1629, 2008, and before January 1, 2010. Any partner or member who claims the credit
17as provided under this paragraph shall attach a copy of the agreement, if applicable,
18to the tax return on which the credit is claimed. A person claiming the credit as
19provided under this paragraph is solely responsible for any tax liability arising from
20a dispute with the department of revenue related to claiming the credit.
AB75-SSA1, s. 1666 21Section 1666. 71.28 (6) (g) of the statutes is created to read:
AB75-SSA1,897,2522 71.28 (6) (g) 1. If a person who claims the credit under this subsection elects
23to claim the credit based on claiming amounts for expenditures as the expenditures
24are paid, rather than when the rehabilitation work is completed, the person shall file
25an election form with the department, in the manner prescribed by the department.
AB75-SSA1,898,5
12. Notwithstanding s. 71.77, the department may adjust or disallow the credit
2claimed under this subsection within 4 years after the date that the state historical
3society notifies the department that the expenditures for which the credit was
4claimed do not comply with the standards for certification promulgated under s.
544.02 (24).
AB75-SSA1, s. 1667 6Section 1667. 71.28 (8r) of the statutes is created to read:
AB75-SSA1,898,87 71.28 (8r) Beginning farmer and farm asset owner tax credit. (a) Definitions.
8In this subsection:
AB75-SSA1,898,109 1. "Agricultural assets" means machinery, equipment, facilities, or livestock
10that is used in farming.
AB75-SSA1,898,1211 2. "Beginning farmer" means a person who meets the conditions specified in s.
1293.53 (2).
AB75-SSA1,898,1413 3. "Claimant" means an established farmer who files a claim under this
14subsection.
AB75-SSA1,898,1615 4. "Established farmer" means a person who meets the conditions specified in
16s. 93.53 (3).
AB75-SSA1,898,1817 5. "Farming" has the meaning given in section 464 (e) (1) of the Internal
18Revenue Code.
AB75-SSA1,898,2119 6. "Lease amount" is the amount of the cash payment paid by a beginning
20farmer to an established farmer each year for leasing the established farmer's
21agricultural assets.
AB75-SSA1,899,522 (b) Filing claims. For taxable years beginning after December 31, 2010, and
23subject to the limitations provided in this subsection, a claimant may claim as a
24credit against the tax imposed under s. 71.23 an amount equal to 15 percent of the
25lease amount received by the claimant in the taxable year. If the allowable amount

1of the claim exceeds the taxes otherwise due on the claimant's income, the amount
2of the claim not used as an offset against those taxes shall be certified by the
3department of revenue to the department of administration for payment to the
4claimant by check, share draft, or other draft from the appropriation under s. 20.835
5(2) (en).
AB75-SSA1,899,86 (c) Limitations. 1. A claimant may only claim the credit under this subsection
7for the first 3 years of any lease of the claimant's agricultural assets to a beginning
8farmer.
AB75-SSA1,899,109 2. Along with a claimant's income tax return, a claimant shall submit to the
10department a certificate of eligibility provided under s. 93.53 (5) (c).
AB75-SSA1,899,1811 3. Partnerships, limited liability companies, and tax-option corporations may
12not claim the credit under this subsection, but the eligibility for, and the amount of,
13the credit are based on the amounts received by the entities under par. (b). A
14partnership, limited liability company, or tax-option corporation shall compute the
15amount of credit that each of its partners, members, or shareholders may claim and
16shall provide that information to each of them. Partners, members of limited liability
17companies, and shareholders of tax-option corporations may claim the credit in
18proportion to their ownership interests.
AB75-SSA1,899,2019 (d) Administration. Subsection (4) (e), (g), and (h), as it applies to the credit
20under that sub. (4), applies to the credit under this subsection.
AB75-SSA1, s. 1668 21Section 1668. 71.29 (7) (c) of the statutes is created to read:
AB75-SSA1,899,2422 71.29 (7) (c) For taxable years beginning after December 31, 2008, the taxpayer
23qualifies for a federal extension of time to file under 26 USC 7508A due to a
24presidentially declared disaster or terroristic or military action.
AB75-SSA1, s. 1669 25Section 1669. 71.30 (3) (db) of the statutes is created to read:
AB75-SSA1,899,26
171.30 (3) (db) Super research and development credit under s. 71.28 (4m).
AB75-SSA1, s. 1670 2Section 1670. 71.30 (3) (ed) of the statutes is renumbered 71.30 (3) (ds).
AB75-SSA1, s. 1676d 3Section 1676d. 71.30 (3) (epr) of the statutes is repealed.
AB75-SSA1, s. 1676e 4Section 1676e. 71.30 (3) (eps) of the statutes is repealed.
AB75-SSA1, s. 1677b 5Section 1677b. 71.30 (3) (f) of the statutes, as affected by 2009 Wisconsin Act
62
, is amended to read:
AB75-SSA1,900,147 71.30 (3) (f) The total of farmers' drought property tax credit under s. 71.28
8(1fd),
farmland preservation credit under subch. IX, farmland tax relief credit under
9s. 71.28 (2m), dairy manufacturing facility investment credit under s. 71.28 (3p), jobs
10credit under s. 71.28 (3q),
meat processing facility investment credit under s. 71.28
11(3r), enterprise zone jobs credit under s. 71.28 (3w), film production services credit
12under s. 71.28 (5f) (b) 2., film production company investment credit under s. 71.28
13(5h), beginning farmer and farm asset owner tax credit under s. 71.28 (8r)
, and
14estimated tax payments under s. 71.29.
AB75-SSA1, s. 1678 15Section 1678. 71.30 (8) (b) of the statutes is amended to read:
AB75-SSA1,900,2316 71.30 (8) (b) For the purpose of this chapter, if a corporation which is required
17to file an income or franchise tax return is affiliated with or related to any other
18corporation through stock ownership by the same interests or as parent or subsidiary
19corporations or has income that is regulated through contract or other arrangement,
20the department of revenue may require such consolidated statements as in its
21opinion are necessary in order to determine the taxable income received by any one
22of the affiliated or related corporations or to determine whether the corporations are
23a unitary business
.
AB75-SSA1, s. 1679 24Section 1679. 71.34 (1g) (n) of the statutes is repealed.
AB75-SSA1, s. 1680 25Section 1680. 71.34 (1g) (o) of the statutes is amended to read:
AB75-SSA1,903,21
171.34 (1g) (o) "Internal Revenue Code" for tax-option corporations, for taxable
2years that begin after December 31, 1999, and before January 1, 2003, means the
3federal Internal Revenue Code as amended to December 31, 1999, excluding sections
4103, 104, and 110 of P.L. 102-227, sections 13113, 13150 (d), 13171 (d), 13174, and
513203 (d) of P.L. 103-66 and sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d)
6of P.L. 104-188, and as amended by P.L. 106-230, P.L. 106-554, excluding sections
7162 and 165 of P.L. 106-554, P.L. 107-15, P.L. 107-16, excluding section 431 of P.L.
8107-16, P.L. 107.22, P.L. 107.116, P.L. 107-134, P.L. 107-147, excluding sections 101,
9301 (a), and 406 of P.L. 107-147, P.L. 107-181, P.L. 107-210, P.L. 107-276, P.L.
10107-358, P.L. 108-27, excluding sections 106, 201, and 202 of P.L. 108-27, P.L.
11108-121, excluding section 109 of P.L. 108-121, P.L. 108-218, P.L. 108-311,
12excluding sections 306, 307, 308, 316, 401, and 403 (a) of P.L. 108-311, P.L. 108-357,
13excluding sections 101, 201, 211, 242, 244, 336, 337, 422, 847, 909, and 910 of P.L.
14108-357, P.L. 109-7, P.L. 109-58, excluding sections 1305, 1308, 1309, 1310, 1323,
151324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L. 109-58, P.L. 109-135, excluding
16sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e), (j), and
17(q), and 405 of P.L. 109-135, and P.L. 109-280, excluding sections 811 and 844 of P.L.
18109-280, and P.L. 110-458, and as indirectly affected in the provisions applicable to
19this subchapter by P.L. 99-514, P.L. 100-203, P.L. 100-647, excluding sections 803
20(d) (2) (B), 805 (d) (2), 812 (c) (2), 821 (b) (2), and 823 (c) (2) of P.L. 99-514 and section
211008 (g) (5) of P.L. 100-647, P.L. 101-73, P.L. 101-140, P.L. 101-179, P.L. 101-239,
22P.L. 101-508, P.L. 102-227, excluding sections 103, 104, and 110 of P.L. 102-227, P.L.
23102-318, P.L. 102-486, P.L. 103-66, excluding sections 13113, 13150 (d), 13171 (d),
2413174, and 13203 (d) of P.L. 103-66, P.L. 103-296, P.L. 103-337, P.L. 103-465, P.L.
25104-7, P.L. 104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605

1(d) of P.L. 104-188, P.L. 104-191, P.L. 104-193, P.L. 105-33, P.L. 105-34, P.L.
2105-178, P.L. 105-206, P.L. 105-277, 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. 107-15, P.L. 107-16,
4excluding section 431 of P.L. 107-16, P.L. 107-22, P.L. 107-116, 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.
6107-210, P.L. 107-276, P.L. 107-358, P.L. 108-27, excluding sections 106, 201, and
7202 of P.L. 108-27, P.L. 108-121, excluding section 109 of P.L. 108-121, P.L. 108-218,
8P.L. 108-311, excluding sections 306, 307, 308, 316, 401, and 403 (a) of P.L. 108-311,
9P.L. 108-357, excluding sections 101, 201, 211, 242, 244, 336, 337, 422, 847, 909, and
10910 of P.L. 108-357, P.L. 109-7, P.L. 109-58, excluding sections 1305, 1308, 1309,
111310, 1323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L. 109-58, P.L.
12109-135, excluding sections 101, 105, 201 (a) as it relates to section 1400S (a), 402
13(e), 403 (e), (j), and (q), and 405 of P.L. 109-135, and P.L. 109-280, excluding sections
14811 and 844 of P.L. 109-280, and P.L. 110-458, except that section 1366 (f) (relating
15to pass-through of items to shareholders) is modified by substituting the tax under
16s. 71.35 for the taxes under sections 1374 and 1375. The Internal Revenue Code
17applies for Wisconsin purposes at the same time as for federal purposes.
18Amendments to the federal Internal Revenue Code enacted after December 31, 1999,
19do not apply to this paragraph with respect to taxable years beginning after
20December 31, 1999, and before January 1, 2003, except that changes to the Internal
21Revenue Code made by P.L. 106-230, P.L. 106-554, excluding sections 162 and 165
22of P.L. 106-554, P.L. 107-15, P.L. 107-16, excluding section 431 of P.L. 107-16, P.L.
23107-22, P.L. 107-116, P.L. 107-134, P.L. 107-147, excluding sections 101, 301 (a),
24and 406 of P.L. 107-147, P.L. 107-181, P.L. 107-210, P.L. 107-276, P.L. 107-358, P.L.
25108-27, excluding sections 106, 201, and 202 of P.L. 108-27, P.L. 108-121, excluding

1section 109 of P.L. 108-121, P.L. 108-218, P.L. 108-311, excluding sections 306, 307,
2308, 316, 401, and 403 (a) of P.L. 108-311, P.L. 108-357, excluding sections 101, 201,
3211, 242, 244, 336, 337, 422, 847, 909, and 910 of P.L. 108-357, P.L. 109-7, P.L.
4109-58, excluding sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328,
51329, 1348, and 1351 of P.L. 109-58, P.L. 109-135, excluding sections 101, 105, 201
6(a) as it relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L.
7109-135, and P.L. 109-280, excluding sections 811 and 844 of P.L. 109-280, and P.L.
8110-458,
and changes that indirectly affect the provisions applicable to this
9subchapter made by P.L. 106-230, P.L. 106-554, excluding sections 162 and 165 of
10P.L. 106-554, P.L. 107-15, P.L. 107-16, excluding section 431 of P.L. 107-16, P.L.
11107-22, P.L. 107-116, P.L. 107-134, P.L. 107-147, excluding sections 101, 301 (a),
12and 406 of P.L. 107-147, P.L. 107-181, P.L. 107-210, P.L. 107-276, P.L. 107-358, P.L.
13108-27, excluding sections 106, 201, and 202 of P.L. 108-27, P.L. 108-121, excluding
14section 109 of P.L. 108-121, P.L. 108-218, P.L. 108-311, excluding sections 306, 307,
15308, 316, 401, and 403 (a) of P.L. 108-311, P.L. 108-357, excluding sections 101, 201,
16211, 242, 244, 336, 337, 422, 847, 909, and 910 of P.L. 108-357, P.L. 109-7, P.L.
17109-58, excluding sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328,
181329, 1348, and 1351 of P.L. 109-58, P.L. 109-135, excluding sections 101, 105, 201
19(a) as it relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L.
20109-135, and P.L. 109-280, excluding sections 811 and 844 of P.L. 109-280, and P.L.
21110-458,
apply for Wisconsin purposes at the same time as for federal purposes.
AB75-SSA1, s. 1681 22Section 1681. 71.34 (1g) (p) of the statutes is amended to read:
AB75-SSA1,906,1323 71.34 (1g) (p) "Internal Revenue Code" for tax-option corporations, for taxable
24years that begin after December 31, 2002, and before January 1, 2004, means the
25federal Internal Revenue Code as amended to December 31, 2002, excluding sections

1103, 104, and 110 of P.L. 102-227, sections 13113, 13150 (d), 13171 (d), 13174, and
213203 (d) of P.L. 103-66, sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
3104-188, P.L. 106-519, sections 162 and 165 of P.L. 106-554, P.L. 106-573, section
4431 of P.L. 107-16, and sections 101 and 301 (a) of P.L. 107-147, and as amended by
5P.L. 108-27, excluding sections 106, 201, and 202 of P.L. 108-27, P.L. 108-121,
6excluding section 109 of P.L. 108-121, P.L. 108-173, excluding section 1201 of P.L.
7108-173, P.L. 108-203, P.L. 108-218, P.L. 108-311, excluding sections 306, 307, 308,
8316, 401, and 403 (a) of P.L. 108-311, P.L. 108-357, excluding sections 101, 201, 211,
9242, 244, 336, 337, 422, 847, 909, and 910 of P.L. 108-357, P.L. 108-375, P.L. 109-7,
10P.L. 109-58, excluding sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328,
111329, 1348, and 1351 of P.L. 109-58, P.L. 109-135, excluding sections 101, 105, 201
12(a) as it relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L.
13109-135, and P.L. 109-280, excluding sections 811 and 844 of P.L. 109-280, and P.L.
14110-458,
and as indirectly affected in the provisions applicable to this subchapter by
15P.L. 99-514, P.L. 100-203, P.L. 100-647, excluding sections 803 (d) (2) (B), 805 (d) (2),
16812 (c) (2), 821 (b) (2), and 823 (c) (2) of P.L. 99-514 and section 1008 (g) (5) of P.L.
17100-647, P.L. 101-73, P.L. 101-140, P.L. 101-179, P.L. 101-239, P.L. 101-508, P.L.
18102-227, excluding sections 103, 104, and 110 of P.L. 102-227, P.L. 102-318, P.L.
19102-486, P.L. 103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174, and
2013203 (d) of P.L. 103-66, P.L. 103-296, P.L. 103-337, P.L. 103-465, P.L. 104-7, P.L.
21104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
22104-188, P.L. 104-191, P.L. 104-193, P.L. 105-33, P.L. 105-34, P.L. 105-178, P.L.
23105-206, P.L. 105-277, P.L. 106-36, P.L. 106-170, P.L. 106-230, P.L. 106-554,
24excluding sections 162 and 165 of P.L. 106-554, P.L. 107-15, P.L. 107-16, excluding
25section 431 of P.L. 107-16, P.L. 107-22, P.L. 107-116, P.L. 107-134, P.L. 107-147,

1excluding sections 101 and 301 (a) of P.L. 107-147, P.L. 107-181, P.L. 107-210, P.L.
2107-276, P.L. 107-358, P.L. 108-27, excluding sections 106, 201, and 202 of P.L.
3108-27, P.L. 108-121, excluding section 109 of P.L. 108-121, P.L. 108-173, excluding
4section 1201 of P.L. 108-173, P.L. 108-203, P.L. 108-218, P.L. 108-311, excluding
5sections 306, 307, 308, 316, 401, and 403 (a) of P.L. 108-311, P.L. 108-357, excluding
6sections 101, 201, 211, 242, 244, 336, 337, 422, 847, 909, and 910 of P.L. 108-357, P.L.
7108-375, P.L. 109-7, P.L. 109-58, excluding sections 1305, 1308, 1309, 1310, 1323,
81324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L. 109-58, 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, and P.L. 109-280, excluding sections 811 and 844 of P.L.
11109-280, and P.L. 110-458, except that section 1366 (f) (relating to pass-through of
12items to shareholders) is modified by substituting the tax under s. 71.35 for the taxes
13under sections 1374 and 1375. The Internal Revenue Code applies for Wisconsin
14purposes at the same time as for federal purposes. Amendments to the federal
15Internal Revenue Code enacted after December 31, 2002, do not apply to this
16paragraph with respect to taxable years beginning after December 31, 2002, and
17before January 1, 2004, except that changes to the Internal Revenue Code made by
18P.L. 108-27, excluding sections 106, 201, and 202 of P.L. 108-27, P.L. 108-121,
19excluding section 109 of P.L. 108-121, P.L. 108-173, excluding section 1201 of P.L.
20108-173, P.L. 108-203, P.L. 108-218, P.L. 108-311, excluding sections 306, 307, 308,
21316, 401, and 403 (a) of P.L. 108-311, P.L. 108-357, excluding sections 101, 201, 211,
22242, 244, 336, 337, 422, 847, 909, and 910 of P.L. 108-357, P.L. 108-375, P.L. 109-7,
23P.L. 109-58, excluding sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328,
241329, 1348, and 1351 of P.L. 109-58, P.L. 109-135, excluding sections 101, 105, 201
25(a) as it relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L.

1109-135, and P.L. 109-280, excluding sections 811 and 844 of P.L. 109-280, and P.L.
2110-458,
and changes that indirectly affect the provisions applicable to this
3subchapter made by P.L. 108-27, excluding sections 106, 201, and 202 of P.L. 108-27,
4P.L. 108-121, excluding section 109 of P.L. 108-121, P.L. 108-173, excluding section
51201 of P.L. 108-173, P.L. 108-203, P.L. 108-218, P.L. 108-311, excluding sections
6306, 307, 308, 316, 401, and 403 (a) of P.L. 108-311, P.L. 108-357, excluding sections
7101, 201, 211, 242, 244, 336, 337, 422, 847, 909, and 910 of P.L. 108-357, P.L.
8108-375, P.L. 109-7, P.L. 109-58, excluding sections 1305, 1308, 1309, 1310, 1323,
91324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L. 109-58, P.L. 109-135, excluding
10sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e), (j), and
11(q), and 405 of P.L. 109-135, and P.L. 109-280, excluding sections 811 and 844 of P.L.
12109-280, and P.L. 110-458, apply for Wisconsin purposes at the same time as for
13federal purposes.
AB75-SSA1, s. 1682 14Section 1682. 71.34 (1g) (q) of the statutes is amended to read:
AB75-SSA1,909,315 71.34 (1g) (q) "Internal Revenue Code" for tax-option corporations, for taxable
16years that begin after December 31, 2003, and before January 1, 2005, means the
17federal Internal Revenue Code as amended to December 31, 2003, excluding sections
18103, 104, and 110 of P.L. 102-227, sections 13113, 13150 (d), 13171 (d), 13174, and
1913203 (d) of P.L. 103-66, sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
20104-188, 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 109 of P.L. 108-121, and section 1201 of P.L. 108-173, and
23as amended by P.L. 108-203, P.L. 108-218, P.L. 108-311, excluding sections 306, 307,
24308, 316, 401, and 403 (a) of P.L. 108-311, P.L. 108-357, excluding sections 101, 201,
25211, 242, 244, 336, 337, 422, 847, 909, and 910 of P.L. 108-357, P.L. 108-375, P.L.

1108-476, P.L. 109-7, P.L. 109-58, excluding sections 1305, 1308, 1309, 1310, 1323,
21324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L. 109-58, P.L. 109-73, excluding
3section 301 of P.L. 109-73, P.L. 109-135, excluding sections 101, 105, 201 (a) as it
4relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L. 109-135, P.L.
5109-227, and P.L. 109-280, excluding sections 811 and 844 of P.L. 109-280, and P.L.
6110-458,
and as indirectly affected in the provisions applicable to this subchapter by
7P.L. 99-514, P.L. 100-203, P.L. 100-647, excluding sections 803 (d) (2) (B), 805 (d) (2),
8812 (c) (2), 821 (b) (2), and 823 (c) (2) of P.L. 99-514 and section 1008 (g) (5) of P.L.
9100-647, P.L. 101-73, P.L. 101-140, P.L. 101-179, P.L. 101-239, P.L. 101-508, P.L.
10102-227, excluding sections 103, 104, and 110 of P.L. 102-227, P.L. 102-318, P.L.
11102-486, P.L. 103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174, and
1213203 (d) of P.L. 103-66, P.L. 103-296, P.L. 103-337, P.L. 103-465, P.L. 104-7, P.L.
13104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
14104-188, P.L. 104-191, P.L. 104-193, P.L. 105-33, P.L. 105-34, P.L. 105-178, P.L.
15105-206, P.L. 105-277, P.L. 106-36, P.L. 106-170, P.L. 106-230, P.L. 106-554,
16excluding sections 162 and 165 of P.L. 106-554, P.L. 107-15, P.L. 107-16, excluding
17section 431 of P.L. 107-16, P.L. 107-22, P.L. 107-116, P.L. 107-134, P.L. 107-147,
18excluding sections 101 and 301 (a) of P.L. 107-147, P.L. 107-181, P.L. 107-210, P.L.
19107-276, P.L. 107-358, P.L. 108-27, excluding sections 106, 201, and 202 of P.L.
20108-27, P.L. 108-121, excluding section 109 of P.L. 108-121, P.L. 108-173, excluding
21section 1201 of P.L. 108-173, P.L. 108-203, P.L. 108-218, P.L. 108-311, excluding
22sections 306, 307, 308, 316, 401, and 403 (a) of P.L. 108-311, P.L. 108-357, excluding
23sections 101, 201, 211, 242, 244, 336, 337, 422, 847, 909, and 910 of P.L. 108-357, P.L.
24108-375, P.L. 108-476, P.L. 109-7, P.L. 109-58, excluding sections 1305, 1308, 1309,
251310, 1323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L. 109-58, P.L. 109-73,

1excluding section 301 of P.L. 109-73, P.L. 109-135, excluding sections 101, 105, 201
2(a) as it relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L.
3109-135, P.L. 109-227, and P.L. 109-280, excluding sections 811 and 844 of P.L.
4109-280, and P.L. 110-458, except that section 1366 (f) (relating to pass-through of
5items to shareholders) is modified by substituting the tax under s. 71.35 for the taxes
6under sections 1374 and 1375. The Internal Revenue Code applies for Wisconsin
7purposes at the same time as for federal purposes. Amendments to the federal
8Internal Revenue Code enacted after December 31, 2003, do not apply to this
9paragraph with respect to taxable years beginning after December 31, 2003, and
10before January 1, 2005, except that changes to the Internal Revenue Code made by
11P.L. 108-203, P.L. 108-218, P.L. 108-311, excluding sections 306, 307, 308, 316, 401,
12and 403 (a) of P.L. 108-311, P.L. 108-357, excluding sections 101, 201, 211, 242, 244,
13336, 337, 422, 847, 909, and 910 of P.L. 108-357, P.L. 108-375, P.L. 108-476, 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. 109-73, excluding section 301
16of P.L. 109-73, 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, P.L. 109-227,
18and P.L. 109-280, excluding sections 811 and 844 of P.L. 109-280, and P.L. 110-458,
19and changes that indirectly affect the provisions applicable to this subchapter made
20by P.L. 108-203, P.L. 108-218, P.L. 108-311, excluding sections 306, 307, 308, 316,
21401, and 403 (a) of P.L. 108-311, P.L. 108-357, excluding sections 101, 201, 211, 242,
22244, 336, 337, 422, 847, 909, and 910 of P.L. 108-357, P.L. 108-375, P.L. 108-476, P.L.
23109-7, P.L. 109-58, excluding sections 1305, 1308, 1309, 1310, 1323, 1324, 1325,
241326, 1328, 1329, 1348, and 1351 of P.L. 109-58, P.L. 109-73, excluding section 301
25of P.L. 109-73, P.L. 109-135, excluding sections 101, 105, 201 (a) as it relates to

1section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L. 109-135, P.L. 109-227,
2and P.L. 109-280, excluding sections 811 and 844 of P.L. 109-280, and P.L. 110-458,
3apply for Wisconsin purposes at the same time as for federal purposes.
AB75-SSA1, s. 1683 4Section 1683. 71.34 (1g) (r) of the statutes is amended to read:
AB75-SSA1,911,165 71.34 (1g) (r) "Internal Revenue Code" for tax-option corporations, for taxable
6years that begin after December 31, 2004, and before January 1, 2006, means the
7federal Internal Revenue Code as amended to December 31, 2004, excluding sections
8103, 104, and 110 of P.L. 102-227, sections 13113, 13150 (d), 13171 (d), 13174, and
913203 (d) of P.L. 103-66, sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
10104-188, sections 1, 3, 4, and 5 of P.L. 106-519, sections 162 and 165 of P.L. 106-554,
11P.L. 106-573, section 431 of P.L. 107-16, sections 101 and 301 (a) of P.L. 107-147,
12sections 106, 201, and 202 of P.L. 108-27, section 1201 of P.L. 108-173, sections 306,
13308, 316, 401, and 403 (a) of P.L. 108-311, and sections 101, 201, 211, 242, 244, 336,
14337, 422, 847, 909, and 910 of P.L. 108-357, and as amended by 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. 109-73, excluding section 301 of P.L.
17109-73, P.L. 109-135, excluding sections 101, 105, 201 (a) as it relates to section
181400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L. 109-135, P.L. 109-151, P.L.
19109-222, excluding sections 101, 207, 209, 503, 512, and 513 of P.L. 109-222, P.L.
20109-227, and P.L. 109-280, excluding sections 811 and 844 of P.L. 109-280, and P.L.
21110-458,
and as indirectly affected in the provisions applicable to this subchapter by
22P.L. 99-514, P.L. 100-203, P.L. 100-647, excluding sections 803 (d) (2) (B), 805 (d) (2),
23812 (c) (2), 821 (b) (2), and 823 (c) (2) of P.L. 99-514 and section 1008 (g) (5) of P.L.
24100-647, P.L. 101-73, P.L. 101-140, P.L. 101-179, P.L. 101-239, P.L. 101-508, P.L.
25102-227, excluding sections 103, 104, and 110 of P.L. 102-227, P.L. 102-318, P.L.

1102-486, P.L. 103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174, and
213203 (d) of P.L. 103-66, P.L. 103-296, P.L. 103-337, P.L. 103-465, P.L. 104-7, P.L.
3104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
4104-188, P.L. 104-191, P.L. 104-193, P.L. 105-33, P.L. 105-34, P.L. 105-178, P.L.
5105-206, P.L. 105-277, P.L. 106-36, P.L. 106-170, P.L. 106-230, P.L. 106-554,
6excluding sections 162 and 165 of P.L. 106-554, P.L. 107-15, P.L. 107-16, excluding
7section 431 of P.L. 107-16, P.L. 107-22, P.L. 107-116, P.L. 107-134, P.L. 107-147,
8excluding sections 101 and 301 (a) of P.L. 107-147, P.L. 107-181, P.L. 107-210, P.L.
9107-276, P.L. 107-358, P.L. 108-27, excluding sections 106, 201, and 202 of P.L.
10108-27, P.L. 108-121, P.L. 108-173, excluding section 1201 of P.L. 108-173, P.L.
11108-203, P.L. 108-218, P.L. 108-311, excluding sections 306, 308, 316, 401, and 403
12(a) of P.L. 108-311, P.L. 108-357, excluding sections 101, 201, 211, 242, 244, 336, 337,
13422, 847, 909, and 910 of P.L. 108-357, P.L. 108-375, P.L. 108-476, P.L. 109-7, P.L.
14109-58, excluding sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328,
151329, 1348, and 1351 of P.L. 109-58, P.L. 109-73, excluding section 301 of P.L.
16109-73, P.L. 109-135, excluding sections 101, 105, 201 (a) as it relates to section
171400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L. 109-135, P.L. 109-151, P.L.
18109-222, 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 P.L.
20110-458,
except that section 1366 (f) (relating to pass-through of items to
21shareholders) is modified by substituting the tax under s. 71.35 for the taxes under
22sections 1374 and 1375. The Internal Revenue Code applies for Wisconsin purposes
23at the same time as for federal purposes. Amendments to the federal Internal
24Revenue Code enacted after December 31, 2004, do not apply to this paragraph with
25respect to taxable years beginning after December 31, 2004, and before January 1,

12006, except that changes to the Internal Revenue Code made by 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. 109-73, excluding section 301 of P.L.
4109-73, P.L. 109-135, excluding sections 101, 105, 201 (a) as it relates to section
51400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L. 109-135, P.L. 109-151, P.L.
6109-222, excluding sections 101, 207, 209, 503, 512, and 513 of P.L. 109-222, P.L.
7109-227, and P.L. 109-280, excluding sections 811 and 844 of P.L. 109-280, and P.L.
8110-458,
and changes that indirectly affect the provisions applicable to this
9subchapter made by P.L. 109-7, P.L. 109-58, excluding sections 1305, 1308, 1309,
101310, 1323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L. 109-58, P.L. 109-73,
11excluding section 301 of P.L. 109-73, P.L. 109-135, excluding sections 101, 105, 201
12(a) as it relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L.
13109-135, P.L. 109-151, P.L. 109-222, excluding sections 101, 207, 209, 503, 512, and
14513 of P.L. 109-222, P.L. 109-227, and P.L. 109-280, excluding sections 811 and 844
15of P.L. 109-280, and P.L. 110-458, apply for Wisconsin purposes at the same time as
16for federal purposes.
AB75-SSA1, s. 1684 17Section 1684. 71.34 (1g) (s) of the statutes is amended to read:
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