2009 - 2010 LEGISLATURE
April 9, 2009 - Introduced by Representatives Roth, Ballweg, Kerkman,
Kleefisch, LeMahieu, Montgomery, Mursau, A. Ott, J. Ott, Petrowski,
Richards, Ripp, Spanbauer, Suder, Townsend and Vos, cosponsored by
Senators Plale, Darling, Grothman, Hopper, Kedzie, Schultz and Taylor.
Referred to Committee on Jobs, the Economy and Small Business.
AB205,1,4
1An Act to amend 71.01 (6) (t), 71.22 (4) (t), 71.22 (4m) (r), 71.26 (2) (b) 20., 71.34
2(1g) (t) and 71.42 (2) (s) of the statutes;
relating to: adopting changes to the
3Internal Revenue Code for state income tax purposes related to deductions for
4energy efficient commercial buildings.
Analysis by the Legislative Reference Bureau
This bill adopts, for state income and franchise tax purposes, changes made to
the Internal Revenue Code by the federal Tax Relief and Health Care Act of 2006 and
the Emergency Economic Stabilization Act of 2008 related to a deduction for energy
efficient commercial buildings. The acts extend the eligibility for the deduction to
property placed in service no later than December 31, 2013, rather than December
31, 2007.
For further information see the state fiscal estimate, which will be printed as
an appendix to this bill.
The people of the state of Wisconsin, represented in senate and assembly, do
enact as follows:
AB205, s. 1
5Section
1. 71.01 (6) (t) of the statutes is amended to read:
AB205,3,196
71.01
(6) (t) For taxable years that begin after December 31, 2006, for natural
7persons and fiduciaries, except fiduciaries of nuclear decommissioning trust or
1reserve funds, "Internal Revenue Code" means the federal Internal Revenue Code
2as amended to December 31, 2006, excluding sections 103, 104, and 110 of P.L.
3102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66,
4sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, sections 1, 3,
54, and 5 of P.L.
106-519, sections 162 and 165 of P.L.
106-554, P.L.
106-573, section
6431 of P.L.
107-16, sections 101 and 301 (a) of P.L.
107-147, sections 106, 201, and
7202 of P.L.
108-27, section 1201 of P.L.
108-173, sections 306, 308, 316, 401, and 403
8(a) of P.L.
108-311, sections 101, 201, 211, 242, 244, 336, 337, 422, 847, 909, and 910
9of P.L.
108-357, P.L.
109-1, sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326,
101328, 1329, 1348, and 1351 of P.L.
109-58, section 11146 of P.L.
109-59, section 301
11of P.L.
109-73, sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403
12(e), (j), and (q), and 405 of P.L.
109-135, sections 101, 207, 209, 503, 512, and 513 of
13P.L.
109-222, sections 811 and 844 of P.L.
109-280, and P.L.
109-432,
except for
14division A, section 204 of P.L. 109-432, and as indirectly affected by P.L.
99-514, P.L.
15100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
16101-280, P.L.
101-508, P.L.
102-90, P.L.
102-227, excluding sections 103, 104, and
17110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections
1813113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
19103-337, P.L.
103-465, P.L.
104-7, P.L.
104-117, P.L.
104-188, excluding sections
201123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
21104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
22106-36, P.L.
106-170, P.L.
106-230, P.L.
106-554, excluding sections 162 and 165 of
23P.L.
106-554, P.L.
107-15, P.L.
107-16, excluding section 431 of P.L.
107-16, P.L.
24107-22, P.L.
107-116, P.L.
107-134, P.L.
107-147, excluding sections 101 and 301 (a)
25of P.L.
107-147, P.L.
107-181, P.L.
107-210, P.L.
107-276, P.L.
107-358, P.L.
108-27,
1excluding sections 106, 201, and 202 of P.L.
108-27, P.L.
108-121, P.L.
108-173,
2excluding section 1201 of P.L.
108-173, P.L.
108-203, P.L.
108-218, P.L.
108-311,
3excluding sections 306, 308, 316, 401, and 403 (a) of P.L.
108-311, P.L.
108-357,
4excluding sections 101, 201, 211, 242, 244, 336, 337, 422, 847, 909, and 910 of P.L.
5108-357, P.L.
108-375, P.L.
108-476, P.L.
109-7, P.L.
109-58, excluding sections
61305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L.
7109-58, P.L.
109-59, excluding section 11146 of P.L.
109-59, P.L.
109-73, excluding
8section 301 of P.L.
109-73, P.L.
109-135, excluding sections 101, 105, 201 (a) as it
9relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L.
109-135, P.L.
10109-151, 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, division A, section 204 of P.L. 109-432, and section 303 of P.L. 110-343. The
13Internal Revenue Code applies for Wisconsin purposes at the same time as for federal
14purposes. Amendments to the federal Internal Revenue Code enacted after
15December 31, 2006, do not apply to this paragraph with respect to taxable years
16beginning after December 31, 2006
, except that changes to the Internal Revenue
17Code made by section 303 of P.L. 110-343, and changes that indirectly affect the
18provisions applicable to this subchapter made by section 303 of P.L. 110-343 apply
19for Wisconsin purposes at the same time as for federal purposes.
AB205, s. 2
20Section
2. 71.22 (4) (t) of the statutes is amended to read:
AB205,5,1821
71.22
(4) (t) Except as provided in sub. (4m) and ss. 71.26 (2) (b) and (3), 71.34
22(1g), and 71.42 (2), "Internal Revenue Code," for taxable years that begin after
23December 31, 2006, means the federal Internal Revenue Code as amended to
24December 31, 2006, excluding sections 103, 104, and 110 of P.L.
102-227, sections
2513113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, sections 1123 (b),
11202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, sections 1, 3, 4, and 5 of P.L.
2106-519, sections 162 and 165 of P.L.
106-554, P.L.
106-573, section 431 of P.L.
3107-16, sections 101 and 301 (a) of P.L.
107-147, sections 106, 201, and 202 of P.L.
4108-27, section 1201 of P.L.
108-173, sections 306, 308, 316, 401, and 403 (a) of P.L.
5108-311, sections 101, 201, 211, 242, 244, 336, 337, 422, 847, 909, and 910 of P.L.
6108-357, P.L.
109-1, sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328,
71329, 1348, and 1351 of P.L.
109-58, section 11146 of P.L.
109-59, section 301 of P.L.
8109-73, sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e),
9(j), and (q), and 405 of P.L.
109-135, sections 101, 207, 209, 503, 512, and 513 of P.L.
10109-222, sections 811 and 844 of P.L.
109-280, and P.L.
109-432,
except for division
11A, section 204 of P.L. 109-432, and as indirectly affected in the provisions applicable
12to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, excluding sections 803
13(d) (2) (B), 805 (d) (2), 812 (c) (2), 821 (b) (2), and 823 (c) (2) of P.L.
99-514 and section
141008 (g) (5) of P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239,
15P.L.
101-508, 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.
107-15, P.L.
107-16,
22excluding section 431 of P.L.
107-16, P.L.
107-22, P.L.
107-116, P.L.
107-134, P.L.
23107-147, excluding 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, 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, 308, 316,
2401, and 403 (a) of P.L.
108-311, P.L.
108-357, excluding sections 101, 201, 211, 242,
3244, 336, 337, 422, 847, 909, and 910 of P.L.
108-357, P.L.
108-375, P.L.
108-476, 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.
109-59, excluding section 11146
6of P.L.
109-59, P.L.
109-73, excluding section 301 of P.L.
109-73, P.L.
109-135,
7excluding sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e),
8(j), and (q), and 405 of P.L.
109-135, P.L.
109-151, P.L.
109-222, excluding sections
9101, 207, 209, 503, 512, and 513 of P.L.
109-222, P.L.
109-227,
and P.L.
109-280,
10excluding sections 811 and 844 of P.L.
109-280, division A, section 204 of P.L.
11109-432, and section 303 of P.L. 110-343. The Internal Revenue Code applies for
12Wisconsin purposes at the same time as for federal purposes. Amendments to the
13federal Internal Revenue Code enacted after December 31, 2006, do not apply to this
14paragraph with respect to taxable years beginning after December 31, 2006
, except
15that changes to the Internal Revenue Code made by section 303 of P.L. 110-343, and
16changes that indirectly affect the provisions applicable to this subchapter made by
17section 303 of P.L. 110-343 apply for Wisconsin purposes at the same time as for
18federal purposes.
AB205, s. 3
19Section
3. 71.22 (4m) (r) of the statutes is amended to read:
AB205,7,1520
71.22
(4m) (r) For taxable years that begin after December 31, 2006, "Internal
21Revenue Code," for corporations that are subject to a tax on unrelated business
22income under s. 71.26 (1) (a), means the federal Internal Revenue Code as amended
23to December 31, 2006, excluding sections 103, 104, and 110 of P.L.
102-227, sections
2413113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, sections 1123 (b),
251202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, sections 1, 3, 4, and 5 of P.L.
1106-519, sections 162 and 165 of P.L.
106-554, P.L.
106-573, section 431 of P.L.
2107-16, sections 101 and 301 (a) of P.L.
107-147, sections 106, 201, and 202 of P.L.
3108-27, section 1201 of P.L.
108-173, sections 306, 308, 316, 401, and 403 (a) of P.L.
4108-311, sections 101, 201, 211, 242, 244, 336, 337, 422, 847, 909, and 910 of P.L.
5108-357, P.L.
109-1, sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328,
61329, 1348, and 1351 of P.L.
109-58, section 11146 of P.L.
109-59, section 301 of P.L.
7109-73, sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e),
8(j), and (q), and 405 of P.L.
109-135, sections 101, 207, 209, 503, 512, and 513 of P.L.
9109-222, sections 811 and 844 of P.L.
109-280, and P.L.
109-432,
except for division
10A, section 204 of P.L. 109-432, and as indirectly affected in the provisions applicable
11to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
12101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections
13103, 104, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding
14sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, P.L.
15103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188, excluding sections
161123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
17104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
18106-36, P.L.
106-170, P.L.
106-230, P.L.
106-554, excluding sections 162 and 165 of
19P.L.
106-554, P.L.
107-15, P.L.
107-16, excluding section 431 of P.L.
107-16, P.L.
20107-22, P.L.
107-116, P.L.
107-134, P.L.
107-147, excluding sections 101 and 301 (a)
21of P.L.
107-147, P.L.
107-181, P.L.
107-210, P.L.
107-276, P.L.
107-358, P.L.
108-27,
22excluding sections 106, 201, and 202 of P.L.
108-27, P.L.
108-121, P.L.
108-173,
23excluding section 1201 of P.L.
108-173, P.L.
108-203, P.L.
108-218, P.L.
108-311,
24excluding sections 306, 308, 316, 401, and 403 (a) of P.L.
108-311, P.L.
108-357,
25excluding sections 101, 201, 211, 242, 244, 336, 337, 422, 847, 909, and 910 of P.L.
1108-357, P.L.
108-375, P.L.
108-476, P.L.
109-7, P.L.
109-58, excluding sections
21305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L.
3109-58, P.L.
109-59, excluding section 11146 of P.L.
109-59, P.L.
109-73, excluding
4section 301 of P.L.
109-73, P.L.
109-135, excluding sections 101, 105, 201 (a) as it
5relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L.
109-135, P.L.
6109-151, P.L.
109-222, excluding sections 101, 207, 209, 503, 512, and 513 of P.L.
7109-222, P.L.
109-227,
and P.L.
109-280, excluding sections 811 and 844 of P.L.
8109-280, division A, section 204 of P.L. 109-432, and section 303 of P.L. 110-343. The
9Internal Revenue Code applies for Wisconsin purposes at the same time as for federal
10purposes. Amendments to the Internal Revenue Code enacted after December 31,
112006, do not apply to this paragraph with respect to taxable years beginning after
12December 31, 2006
, except that changes to the Internal Revenue Code made by
13section 303 of P.L. 110-343, and changes that indirectly affect the provisions
14applicable to this subchapter made by section 303 of P.L. 110-343 apply for Wisconsin
15purposes at the same time as for federal purposes.
AB205, s. 4
16Section
4. 71.26 (2) (b) 20. of the statutes is amended to read:
AB205,9,2517
71.26
(2) (b) 20. For taxable years that begin after December 31, 2006, for a
18corporation, conduit, or common law trust which qualifies as a regulated investment
19company, real estate mortgage investment conduit, real estate investment trust, or
20financial asset securitization investment trust under the Internal Revenue Code as
21amended to December 31, 2006, excluding sections 103, 104, and 110 of P.L.
102-227,
22sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, sections
231123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, sections 1, 3, 4, and
245 of P.L.
106-519, sections 162 and 165 of P.L.
106-554, P.L.
106-573, section 431 of
25P.L.
107-16, sections 101 and 301 (a) of P.L.
107-147, sections 106, 201, and 202 of
1P.L.
108-27, section 1201 of P.L.
108-173, sections 306, 308, 316, 401, and 403 (a) of
2P.L.
108-311, sections 101, 201, 211, 242, 244, 336, 337, 422, 847, 909, and 910 of P.L.
3108-357, P.L.
109-1, sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328,
41329, 1348, and 1351 of P.L.
109-58, section 11146 of P.L.
109-59, section 301 of P.L.
5109-73, sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e),
6(j), and (q), and 405 of P.L.
109-135, sections 101, 207, 209, 503, 512, and 513 of P.L.
7109-222, sections 811 and 844 of P.L.
109-280, and P.L.
109-432,
except for division
8A, section 204 of P.L. 109-432, and as indirectly affected in the provisions applicable
9to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
10101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections
11103, 104, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding
12sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, P.L.
13103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188, excluding sections
141123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
15104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
16106-36, P.L.
106-170, P.L.
106-230, P.L.
106-554, excluding sections 162 and 165 of
17P.L.
106-554, P.L.
107-15, P.L.
107-16, excluding section 431 of P.L.
107-16, P.L.
18107-22, P.L.
107-116, P.L.
107-134, P.L.
107-147, excluding sections 101 and 301 (a)
19of P.L.
107-147, P.L.
107-181, P.L.
107-210, P.L.
107-276, P.L.
107-358, P.L.
108-27,
20excluding sections 106, 201, and 202 of P.L.
108-27, P.L.
108-121, P.L.
108-173,
21excluding section 1201 of P.L.
108-173, P.L.
108-203, P.L.
108-218, P.L.
108-311,
22excluding sections 306, 308, 316, 401, and 403 (a) of P.L.
108-311, P.L.
108-357,
23excluding sections 101, 201, 211, 242, 244, 336, 337, 422, 847, 909, and 910 of P.L.
24108-357, P.L.
108-375, P.L.
108-476, P.L.
109-7, P.L.
109-58, excluding sections
251305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L.
1109-58, P.L.
109-59, excluding section 11146 of P.L.
109-59, P.L.
109-73, excluding
2section 301 of P.L.
109-73, 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, P.L.
4109-151, P.L.
109-222, excluding sections 101, 207, 209, 503, 512, and 513 of P.L.
5109-222, P.L.
109-227,
and P.L.
109-280, excluding sections 811 and 844 of P.L.
6109-280,
division A, section 204 of P.L. 109-432, and section 303 of P.L. 110-343, "net
7income" means the federal regulated investment company taxable income, federal
8real estate mortgage investment conduit taxable income, federal real estate
9investment trust or financial asset securitization investment trust taxable income
10of the corporation, conduit, or trust as determined under the Internal Revenue Code
11as amended to December 31, 2006, excluding sections 103, 104, and 110 of P.L.
12102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66,
13sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, sections 1, 3,
144, and 5 of P.L.
106-519, sections 162 and 165 of P.L.
106-554, P.L.
106-573, section
15431 of P.L.
107-16, sections 101 and 301 (a) of P.L.
107-147, sections 106, 201, and
16202 of P.L.
108-27, section 1201 of P.L.
108-173, sections 306, 308, 316, 401, and 403
17(a) of P.L.
108-311, sections 101, 201, 211, 242, 244, 336, 337, 422, 847, 909, and 910
18of P.L.
108-357, P.L.
109-1, sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326,
191328, 1329, 1348, and 1351 of P.L.
109-58, section 11146 of P.L.
109-59, section 301
20of P.L.
109-73, sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403
21(e), (j), and (q), and 405 of P.L.
109-135, sections 101, 207, 209, 503, 512, and 513 of
22P.L.
109-222, sections 811 and 844 of P.L.
109-280, and P.L.
109-432,
except for
23division A, section 204 of P.L. 109-432, and as indirectly affected in the provisions
24applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
25101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227,
1excluding sections 103, 104, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
2103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
3103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188,
4excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
5104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
6105-277, P.L.
106-36, P.L.
106-170, 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
9101 and 301 (a) 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, 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, 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, P.L.
108-375, P.L.
108-476, P.L.
109-7, P.L.
109-58,
15excluding sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328, 1329, 1348,
16and 1351 of P.L.
109-58, P.L.
109-59, excluding section 11146 of P.L.
109-59, P.L.
17109-73, excluding section 301 of P.L.
109-73, P.L.
109-135, excluding sections 101,
18105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of
19P.L.
109-135, P.L.
109-151, P.L.
109-222, excluding sections 101, 207, 209, 503, 512,
20and 513 of P.L.
109-222, P.L.
109-227,
and P.L.
109-280, excluding sections 811 and
21844 of P.L.
109-280,
division A, section 204 of P.L. 109-432, and section 303 of P.L.
22110-343, except that property that, under s. 71.02 (1) (c) 8. to 11., 1985 stats., is
23required to be depreciated for taxable years 1983 to 1986 under the Internal Revenue
24Code as amended to December 31, 1980, shall continue to be depreciated under the
25Internal Revenue Code as amended to December 31, 1980, and except that the
1appropriate amount shall be added or subtracted to reflect differences between the
2depreciation or adjusted basis for federal income tax purposes and the depreciation
3or adjusted basis under this chapter of any property disposed of during the taxable
4year. The Internal Revenue Code as amended to December 31, 2006, excluding
5sections 103, 104, and 110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d),
613174, and 13203 (d) of P.L.
103-66, sections 1123 (b), 1202 (c), 1204 (f), 1311, and
71605 (d) of P.L.
104-188, sections 1, 3, 4, and 5 of P.L.
106-519, sections 162 and 165
8of P.L.
106-554, P.L.
106-573, section 431 of P.L.
107-16, sections 101 and 301 (a) of
9P.L.
107-147, sections 106, 201, and 202 of P.L.
108-27, section 1201 of P.L.
108-173,
10sections 306, 308, 316, 401, and 403 (a) of P.L.
108-311, sections 101, 201, 211, 242,
11244, 336, 337, 422, 847, 909, and 910 of P.L.
108-357, P.L.
109-1, sections 1305, 1308,
121309, 1310, 1323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L.
109-58,
13section 11146 of P.L.
109-59, section 301 of P.L.
109-73, sections 101, 105, 201 (a) as
14it relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L.
109-135,
15sections 101, 207, 209, 503, 512, and 513 of P.L.
109-222, sections 811 and 844 of P.L.
16109-280, and P.L.
109-432,
except for division A, section 204 of P.L. 109-432, and as
17indirectly affected in the provisions applicable to this subchapter by P.L.
99-514, P.L.
18100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
19101-508, P.L.
102-227, excluding sections 103, 104, and 110 of P.L.
102-227, P.L.
20102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d),
2113174, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
22104-7, P.L.
104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605
23(d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
24105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
106-170, P.L.
106-230, P.L.
25106-554, excluding sections 162 and 165 of P.L.
106-554, P.L.
107-15, P.L.
107-16,
1excluding section 431 of P.L.
107-16, P.L.
107-22, P.L.
107-116, P.L.
107-134, P.L.
2107-147, excluding sections 101 and 301 (a) of P.L.
107-147, P.L.
107-181, P.L.
3107-210, P.L.
107-276, P.L.
107-358, P.L.
108-27, excluding sections 106, 201, and
4202 of P.L.
108-27, P.L.
108-121, P.L.
108-173, excluding section 1201 of P.L.
5108-173, P.L.
108-203, P.L.
108-218, P.L.
108-311, excluding sections 306, 308, 316,
6401, and 403 (a) of P.L.
108-311, P.L.
108-357, excluding sections 101, 201, 211, 242,
7244, 336, 337, 422, 847, 909, and 910 of P.L.
108-357, P.L.
108-375, P.L.
108-476, P.L.
8109-7, P.L.
109-58, excluding sections 1305, 1308, 1309, 1310, 1323, 1324, 1325,
91326, 1328, 1329, 1348, and 1351 of P.L.
109-58, P.L.
109-59, excluding section 11146
10of P.L.
109-59, P.L.
109-73, excluding section 301 of P.L.
109-73, P.L.
109-135,
11excluding sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e),
12(j), and (q), and 405 of P.L.
109-135, P.L.
109-151, P.L.
109-222, excluding sections
13101, 207, 209, 503, 512, and 513 of P.L.
109-222, 109-227,
and P.L.
109-280,
14excluding sections 811 and 844 of P.L.
109-280,
division A, section 204 of P.L.
15109-432, and section 303 of P.L. 110-343, applies for Wisconsin purposes at the same
16time as for federal purposes. Amendments to the Internal Revenue Code enacted
17after December 31, 2006, do not apply to this subdivision with respect to taxable
18years that begin after December 31, 2006
, except that changes to the Internal
19Revenue Code made by section 303 of P.L. 110-343, and changes that indirectly affect
20the provisions applicable to this subchapter made by section 303 of P.L. 110-343
21apply for Wisconsin purposes at the same time as for federal purposes.
AB205, s. 5
22Section
5. 71.34 (1g) (t) of the statutes is amended to read:
AB205,14,2123
71.34
(1g) (t) "Internal Revenue Code" for tax-option corporations, for taxable
24years that begin after December 31, 2006, means the federal Internal Revenue Code
25as amended to December 31, 2006, excluding sections 103, 104, and 110 of P.L.
1102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66,
2sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, sections 1, 3,
34, and 5 of P.L.
106-519, sections 162 and 165 of P.L.
106-554, P.L.
106-573, section
4431 of P.L.
107-16, sections 101 and 301 (a) of P.L.
107-147, sections 106, 201, and
5202 of P.L.
108-27, section 1201 of P.L.
108-173, sections 306, 308, 316, 401, and 403
6(a) of P.L.
108-311, sections 101, 201, 211, 242, 244, 336, 337, 422, 847, 909, and 910
7of P.L.
108-357, P.L.
109-1, sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326,
81328, 1329, 1348, and 1351 of P.L.
109-58, section 11146 of P.L.
109-59, section 301
9of P.L.
109-73, sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403
10(e), (j), and (q), and 405 of P.L.
109-135, sections 101, 207, 209, 503, 512, and 513 of
11P.L.
109-222, sections 811 and 844 of P.L.
109-280, and P.L.
109-432,
except for
12division A, section 204 of P.L. 109-432, and as indirectly affected in the provisions
13applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, excluding
14sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2), 821 (b) (2), and 823 (c) (2) of P.L.
99-514 15and section 1008 (g) (5) of P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
16101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104, and 110 of P.L.
17102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150
18(d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
19103-465, P.L.
104-7, P.L.
104-188, excluding sections 1123 (b), 1202 (c), 1204 (f),
201311, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
21105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
106-170, P.L.
22106-230, P.L.
106-554, excluding sections 162 and 165 of P.L.
106-554, P.L.
107-15,
23P.L.
107-16, excluding section 431 of P.L.
107-16, P.L.
107-22, P.L.
107-116, P.L.
24107-134, P.L.
107-147, excluding sections 101 and 301 (a) of P.L.
107-147, P.L.
25107-181, P.L.
107-210, P.L.
107-276, P.L.
107-358, P.L.
108-27, excluding sections
1106, 201, and 202 of P.L.
108-27, P.L.
108-121, P.L.
108-173, excluding section 1201
2of P.L.
108-173, P.L.
108-203, P.L.
108-218, P.L.
108-311, excluding sections 306,
3308, 316, 401, and 403 (a) of P.L.
108-311, P.L.
108-357, excluding sections 101, 201,
4211, 242, 244, 336, 337, 422, 847, 909, and 910 of P.L.
108-357, P.L.
108-375, P.L.
5108-476, P.L.
109-7, P.L.
109-58, excluding sections 1305, 1308, 1309, 1310, 1323,
61324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L.
109-58, P.L.
109-59, excluding
7section 11146 of P.L.
109-59, P.L.
109-73, excluding section 301 of P.L.
109-73, P.L.
8109-135, excluding sections 101, 105, 201 (a) as it relates to section 1400S (a), 402
9(e), 403 (e), (j), and (q), and 405 of P.L.
109-135, P.L.
109-151, P.L.
109-222, excluding
10sections 101, 207, 209, 503, 512, and 513 of P.L.
109-222, P.L.
109-227,
and P.L.
11109-280, excluding sections 811 and 844 of P.L.
109-280,
division A, section 204 of
12P.L. 109-432, and section 303 of P.L. 110-343, except that section 1366 (f) (relating
13to pass-through of items to shareholders) is modified by substituting the tax under
14s. 71.35 for the taxes under sections 1374 and 1375. The Internal Revenue Code
15applies for Wisconsin purposes at the same time as for federal purposes.
16Amendments to the federal Internal Revenue Code enacted after December 31, 2006,
17do not apply to this paragraph with respect to taxable years beginning after
18December 31, 2006
, except that changes to the Internal Revenue Code made by
19section 303 of P.L. 110-343, and changes that indirectly affect the provisions
20applicable to this subchapter made by section 303 of P.L. 110-343 apply for Wisconsin
21purposes at the same time as for federal purposes.
AB205, s. 6
22Section
6. 71.42 (2) (s) of the statutes is amended to read:
AB205,16,1823
71.42
(2) (s) For taxable years that begin after December 31, 2006, "Internal
24Revenue Code" means the federal Internal Revenue Code as amended to
25December 31, 2006, excluding sections 103, 104, and 110 of P.L.
102-227, sections
113113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, sections 1123 (b),
21202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, sections 1, 3, 4, and 5 of P.L.
3106-519, sections 162 and 165 of P.L.
106-554, P.L.
106-573, section 431 of P.L.
4107-16, sections 101 and 301 (a) of P.L.
107-147, sections 106, 201, and 202 of P.L.
5108-27, section 1201 of P.L.
108-173, sections 306, 308, 316, 401, and 403 (a) of P.L.
6108-311, sections 101, 201, 211, 242, 244, 336, 337, 422, 847, 909, and 910 of P.L.
7108-357, P.L.
109-1, sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328,
81329, 1348, and 1351 of P.L.
109-58, section 11146 of P.L.
109-59, section 301 of P.L.
9109-73, 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, sections 101, 207, 209, 503, 512, and 513 of P.L.
11109-222, sections 811 and 844 of P.L.
109-280, and P.L.
109-432,
except for division
12A, section 204 of P.L. 109-432, and as indirectly affected by P.L.
99-514, P.L.
13100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
14101-508, P.L.
102-227, excluding sections 103, 104, and 110 of P.L.
102-227, P.L.
15102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d),
1613174, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
17104-7, P.L.
104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605
18(d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
19105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
106-170, P.L.
106-230, P.L.
20106-554, excluding sections 162 and 165 of P.L.
106-554, P.L.
107-15, P.L.
107-16,
21excluding section 431 of P.L.
107-16, P.L.
107-22, P.L.
107-116, P.L.
107-134, P.L.
22107-147, excluding sections 101 and 301 (a) of P.L.
107-147, P.L.
107-181, P.L.
23107-210, P.L.
107-276, P.L.
107-358, P.L.
108-27, excluding sections 106, 201, and
24202 of P.L.
108-27, P.L.
108-121, P.L.
108-173, excluding section 1201 of P.L.
25108-173, P.L.
108-203, P.L.
108-218, P.L.
108-311, excluding sections 306, 308, 316,
1401, and 403 (a) of P.L.
108-311, P.L.
108-357, excluding sections 101, 201, 211, 242,
2244, 336, 337, 422, 847, 909, and 910 of P.L.
108-357, P.L.
108-375, 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.
109-59, excluding section 11146
5of P.L.
109-59, P.L.
109-73, excluding section 301 of P.L.
109-73, P.L.
109-135,
6excluding sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e),
7(j), and (q), and 405 of P.L.
109-135, P.L.
109-151, P.L.
109-222, excluding sections
8101, 207, 209, 503, 512, and 513 of P.L.
109-222, P.L.
109-227,
and P.L.
109-280,
9excluding sections 811 and 844 of P.L.
109-280,
division A, section 204 of P.L.
10109-432, and section 303 of P.L. 110-343, except that "Internal Revenue Code" does
11not include section 847 of the federal Internal Revenue Code. The Internal Revenue
12Code applies for Wisconsin purposes at the same time as for federal purposes.
13Amendments to the federal Internal Revenue Code enacted after December 31, 2006,
14do not apply to this paragraph with respect to taxable years beginning after
15December 31, 2006
, except that changes to the Internal Revenue Code made by
16section 303 of P.L. 110-343, and changes that indirectly affect the provisions
17applicable to this subchapter made by section 303 of P.L. 110-343 apply for Wisconsin
18purposes at the same time as for federal purposes.
