AB40-ASA1, s. 1870 9Section 1870. 71.07 (5d) (b) 2. of the statutes is amended to read:
AB40-ASA1,726,1310 71.07 (5d) (b) 2. For taxable years beginning after December 31, 2007, for the
11taxable year certified by the department of commerce or the Wisconsin Economic
12Development Corporation
, an amount equal to 25 percent of the claimant's bona fide
13angel investment made directly in a qualified new business venture.
AB40-ASA1, s. 1871 14Section 1871. 71.07 (5d) (c) 2. of the statutes is amended to read:
AB40-ASA1,726,1815 71.07 (5d) (c) 2. For taxable years beginning before January 1, 2008, the
16maximum amount of a claimant's investment that may be used as the basis for a
17credit under this subsection is $2,000,000 for each investment made directly in a
18business certified under s. 238.15 (1) or s. 560.205 (1), 2009 stats.
AB40-ASA1, s. 1873 19Section 1873. 71.07 (5d) (d) 1. of the statutes is amended to read:
AB40-ASA1,726,2420 71.07 (5d) (d) 1. For calendar years beginning investments made after
21December 31, 2007, if an investment for which a claimant claims a credit under par.
22(b) is held by the claimant for less than 3 years, the claimant shall pay to the
23department, in the manner prescribed by the department, the amount of the credit
24that the claimant received related to the investment.
AB40-ASA1, s. 1874 25Section 1874. 71.07 (5f) (a) 1. (intro.) of the statutes is amended to read:
AB40-ASA1,727,11
171.07 (5f) (a) 1. (intro.) "Accredited production" means a film, video, broadcast
2advertisement, or television production, as approved by the department of commerce
3or the department of tourism, for which the aggregate salary and wages included in
4the cost of the production for the period ending 12 months after the month in which
5the principal filming or taping of the production begins exceeds $50,000. "Accredited
6production" also means an electronic game, as approved by the department of
7commerce or the department of tourism, for which the aggregate salary and wages
8included in the cost of the production for the period ending 36 months after the month
9in which the principal programming, filming, or taping of the production begins
10exceeds $100,000. "Accredited production" does not include any of the following,
11regardless of the production costs:
AB40-ASA1, s. 1875 12Section 1875. 71.07 (5f) (a) 3. of the statutes is amended to read:
AB40-ASA1,727,2113 71.07 (5f) (a) 3. "Production expenditures" means any expenditures that are
14incurred in this state and directly used to produce an accredited production,
15including expenditures for set construction and operation, wardrobes, make-up,
16clothing accessories, photography, sound recording, sound synchronization, sound
17mixing, lighting, editing, film processing, film transferring, special effects, visual
18effects, renting or leasing facilities or equipment, renting or leasing motor vehicles,
19food, lodging, and any other similar expenditure as determined by the department
20of commerce or the department of tourism. "Production expenditures" do not include
21salary, wages, or labor-related contract payments.
AB40-ASA1, s. 1876 22Section 1876. 71.07 (5f) (c) 6. of the statutes is amended to read:
AB40-ASA1,728,523 71.07 (5f) (c) 6. No credit may be allowed under this subsection unless the
24claimant files an application with the department of commerce or the department of
25tourism
, at the time and in the manner prescribed by the department of commerce

1or the department of tourism, and the department of commerce or the department
2of tourism
approves the application. The claimant shall submit a fee with the
3application in an amount equal to 2 percent of the claimant's budgeted production
4expenditures or to $5,000, whichever is less. The claimant shall submit a copy of the
5approved application with the claimant's return.
AB40-ASA1, s. 1877 6Section 1877. 71.07 (5h) (c) 4. of the statutes is amended to read:
AB40-ASA1,728,117 71.07 (5h) (c) 4. No claim may be allowed under this subsection unless the
8department of commerce or the department of tourism certifies, in writing, that the
9credits claimed under this subsection are for expenses related to establishing or
10operating a film production company in this state and the claimant submits a copy
11of the certification with the claimant's return.
AB40-ASA1, s. 1878 12Section 1878. 71.07 (5i) (c) 1. of the statutes is amended to read:
AB40-ASA1,728,1513 71.07 (5i) (c) 1. The maximum amount of the credits that may be claimed under
14this subsection and ss. 71.28 (5i) and 71.47 (5i) in a taxable year is $10,000,000, as
15allocated under s. 73.15 or s. 560.204, 2009 stats.
AB40-ASA1, s. 1879 16Section 1879. 71.07 (5j) (a) 2d. of the statutes is amended to read:
AB40-ASA1,728,2117 71.07 (5j) (a) 2d. "Diesel replacement renewable fuel" includes biodiesel and
18any other fuel derived from a renewable resource that meets all of the applicable
19requirements of the American Society for Testing and Materials for that fuel and that
20the department of commerce or the department of safety and professional services
21designates by rule as a diesel replacement renewable fuel.
AB40-ASA1, s. 1880 22Section 1880. 71.07 (5j) (a) 2m. of the statutes is amended to read:
AB40-ASA1,729,223 71.07 (5j) (a) 2m. "Gasoline replacement renewable fuel" includes ethanol and
24any other fuel derived from a renewable resource that meets all of the applicable
25requirements of the American Society for Testing and Materials for that fuel and that

1the department of commerce or the department of safety and professional services
2designates by rule as a gasoline replacement renewable fuel.
AB40-ASA1, s. 1881 3Section 1881. 71.07 (5j) (c) 3. of the statutes is amended to read:
AB40-ASA1,729,94 71.07 (5j) (c) 3. The department of commerce or the department of safety and
5professional services
shall establish standards to adequately prevent, in the
6distribution of conventional fuel to an end user, the inadvertent distribution of fuel
7containing a higher percentage of renewable fuel than the maximum percentage
8established by the federal environmental protection agency for use in
9conventionally-fueled engines.
AB40-ASA1, s. 1881n 10Section 1881n. 71.07 (5n) of the statutes is created to read:
AB40-ASA1,729,1211 71.07 (5n) Qualified production activities credit. (a) Definitions. In this
12subsection:2
AB40-ASA1,729,1313 1. "Claimant" means a person who files a claim under this subsection.
AB40-ASA1,729,1714 2. "Eligible qualified production activities income" means qualified production
15activities income that derives from property located in this state that is assessed as
16manufacturing property under s. 70.995 or as agricultural property under s. 70.32
17(2) (a) 4.
AB40-ASA1,729,1918 3. "Qualified production activities income" means qualified production
19activities income as defined in 26 USC 199 (c).
AB40-ASA1,729,2320 (b) Filing claims. Subject to the limitations provided in this subsection, a
21claimant may claim as a credit against the tax imposed under s. 71.02, up to the
22amount of the tax, an amount equal to one of the following percentages of the
23claimant's eligible qualified production activities income in the taxable year:
AB40-ASA1,729,2524 1. For taxable years beginning after December 31, 2012, and before January
251, 2014, 1.875 percent.
AB40-ASA1,730,2
12. For taxable years beginning after December 31, 2013, and before January
21, 2015, 3.75 percent.
AB40-ASA1,730,43 3. For taxable years beginning after December 31, 2014, and before January
41, 2016, 5.526 percent.
AB40-ASA1,730,55 4. For taxable years beginning after December 31, 2015, 7.5 percent.
AB40-ASA1,730,136 (c) Limitations. Partnerships, limited liability companies, and tax-option
7corporations may not claim the credit under this subsection, but the eligibility for,
8and the amount of, the credit are based on their share of the income described under
9par. (b). A partnership, limited liability company, or tax-option corporation shall
10compute the amount of credit that each of its partners, members, or shareholders
11may claim and shall provide that information to each of them. Partners, members
12of limited liability companies, and shareholders of tax-option corporations may
13claim the credit in proportion to their ownership interests.
AB40-ASA1,730,1514 (d) Administration. Section 71.28 (4) (e) to (h), as it applies to the credit under
15s. 71.28 (4), applies to the credit under this subsection.
AB40-ASA1, s. 1883 16Section 1883. 71.07 (9e) (af) (intro.) of the statutes is amended to read:
AB40-ASA1,730,2117 71.07 (9e) (af) (intro.) For taxable years beginning after December 31, 1995,
18and before January 1, 2011, any natural person may credit against the tax imposed
19under s. 71.02 an amount equal to one of the following percentages of the federal
20basic earned income credit for which the person is eligible for the taxable year under
21section 32 (b) (1) (A) to (C) of the internal revenue code Internal Revenue Code:
AB40-ASA1, s. 1884 22Section 1884. 71.07 (9e) (aj) of the statutes is created to read:
AB40-ASA1,731,223 71.07 (9e) (aj) For taxable years beginning after December 31, 2010, an
24individual may credit against the tax imposed under s. 71.02 an amount equal to one
25of the following percentages of the federal basic earned income credit for which the

1person is eligible for the taxable year under section 32 (b) (1) (A) to (C) of the Internal
2Revenue Code:
AB40-ASA1,731,43 1. If the person has one qualifying child who has the same principal place of
4abode as the person, 4 percent.
AB40-ASA1,731,65 2. If the person has 2 qualifying children who have the same principal place of
6abode as the person, 11 percent.
AB40-ASA1,731,87 3. If the person has 3 or more qualifying children who have the same principal
8place of abode as the person, 34 percent.
AB40-ASA1, s. 1887c 9Section 1887c. 71.10 (3) of the statutes is repealed.
AB40-ASA1, s. 1887d 10Section 1887d. 71.10 (4) (cr) of the statutes is created to read:
AB40-ASA1,731,1111 71.10 (4) (cr) Qualified production activities credit under s. 71.07 (5n).
AB40-ASA1, s. 1888b 12Section 1888b. 71.10 (5f) (i) of the statutes is amended to read:
AB40-ASA1,731,2213 71.10 (5f) (i) Appropriations and payment. From the moneys received from
14designations for the breast cancer research program, an amount equal to the sum of
15administrative expenses, including data processing costs, certified under par. (h) 1.
16shall be deposited in the general fund and credited to the appropriation account
17under s. 20.566 (1) (hp), and, of the net amount remaining that is certified under par.
18(h) 3., an amount equal to 50 percent shall be credited to the appropriation account
19under s. 20.250 (2) (g) and an amount equal to 50 percent shall be credited to the
20appropriation account under s. 20.285 (1) (gm)
paid to the University of Wisconsin
21System for breast cancer research conducted by the University of Wisconsin Carbone
22Cancer Center
.
AB40-ASA1, s. 1889b 23Section 1889b. 71.10 (5h) (i) of the statutes is amended to read:
AB40-ASA1,732,724 71.10 (5h) (i) Appropriations, disbursement of funds to the fund and payment .
25From the moneys received from designations for the prostate cancer research

1program, an amount equal to the sum of administrative expenses, including data
2processing costs, certified under par. (h) 1. shall be deposited in the general fund and
3credited to the appropriation account under s. 20.566 (1) (hp), and , of the net amount
4remaining that is certified under par. (h) 3., an amount equal to 50 percent shall be
5credited to the appropriation accounts account under ss. s. 20.250 (2) (h) and 20.285
6(1) (gn)
an amount equal to 50 percent shall be paid to the University of Wisconsin
7System
, for the use specified under s. 255.054 (1).
AB40-ASA1, s. 2889e 8Section 2889e. 71.10 (5k) of the statutes is created to read:
AB40-ASA1,732,109 71.10 (5k) American Red Cross, Badger Chapter checkoff. (a) Definitions.
10In this subsection:
AB40-ASA1,732,1111 1. "Badger Chapter" means the Badger Chapter of the American Red Cross.
AB40-ASA1,732,1212 2. "Department" means the department of revenue.
AB40-ASA1,732,1613 (b) Voluntary payments. 1. `Designation on return.' Every individual filing an
14income tax return who has a tax liability or is entitled to a tax refund may designate
15on the return any amount of additional payment or any amount of a refund due that
16individual for the Badger Chapter.
AB40-ASA1,732,1917 2. `Designation added to tax owed.' If the individual owes any tax, the
18individual shall remit in full the tax due and the amount designated on the return
19for the Badger Chapter when the individual files a tax return.
AB40-ASA1,732,2320 3. `Designation deducted from refund.' Except as provided in par. (d), if the
21individual is owed a refund for that year after crediting under ss. 71.75 (9) and 71.80
22(3) and (3m), the department shall deduct the amount designated on the return for
23the Badger Chapter from the amount of the refund.
AB40-ASA1,733,3
1(c) Errors; failure to remit correct amount. If an individual who owes taxes fails
2to remit an amount equal to or in excess of the total of the actual tax due, after error
3corrections, and the amount designated on the return for the Badger Chapter:
AB40-ASA1,733,84 1. The department shall reduce the designation for the Badger Chapter to
5reflect the amount remitted in excess of the actual tax due, after error corrections,
6if the individual remitted an amount in excess of the actual tax due, after error
7corrections, but less than the total of the actual tax due, after error corrections, and
8the amount originally designated on the return for the Badger Chapter.
AB40-ASA1,733,109 2. The designation for the Badger Chapter is void if the individual remitted an
10amount equal to or less than the actual tax due, after error corrections.
AB40-ASA1,733,1611 (d) Errors; insufficient refund. If an individual is owed a refund that does not
12equal or exceed the amount designated on the return for the Badger Chapter, after
13crediting under ss. 71.75 (9) and 71.80 (3) and (3m) and after error corrections, the
14department shall reduce the designation for the Badger Chapter to reflect the actual
15amount of the refund that the individual is otherwise owed, after crediting under ss.
1671.75 (9) and 71.80 (3) and (3m) and after error corrections.
AB40-ASA1,733,1817 (e) Conditions. If an individual places any conditions on a designation for the
18Badger Chapter, the designation is void.
AB40-ASA1,733,2119 (f) Void designation. If a designation for the Badger Chapter is void, the
20department shall disregard the designation and determine amounts due, owed,
21refunded, and received without regard to the void designation.
AB40-ASA1,733,2322 (g) Tax return. The secretary of revenue shall provide a place for the
23designations under this subsection on the individual income tax return.
AB40-ASA1,734,3
1(h) Certification of amounts. Annually, on or before September 15, the
2secretary of revenue shall certify to the department of health services, the
3department of administration, and the state treasurer all of the following:
AB40-ASA1,734,64 1. The total amount of the administrative costs, including data processing
5costs, incurred by the department in administering this subsection during the
6previous fiscal year.
AB40-ASA1,734,87 2. The total amount received from all designations for the Badger Chapter
8made by taxpayers during the previous fiscal year.
AB40-ASA1,734,119 3. The net amount remaining after the administrative costs, including data
10processing costs, under subd. 1. are subtracted from the total received under subd.
112.
AB40-ASA1,734,1712 (i) Appropriations. From the moneys received from designations for the Badger
13Chapter, an amount equal to the sum of administrative expenses, including data
14processing costs, certified under par. (h) 1. shall be deposited in the general fund and
15credited to the appropriation account under s. 20.566 (1) (hp), and the net amount
16remaining that is certified under par. (h) 3. shall be credited to the appropriation
17under s. 20.435 (1) (gd).
AB40-ASA1,734,2418 (j) Amounts subject to refund. Amounts designated for the Badger Chapter
19under this subsection are not subject to refund to the taxpayer unless the taxpayer
20submits information to the satisfaction of the department, within 18 months after
21the date on which the taxes are due or the date on which the return is filed, whichever
22is later, that the amount designated is clearly in error. Any refund granted by the
23department under this paragraph shall be deducted from the moneys received under
24this subsection in the fiscal year for which the refund is certified.
AB40-ASA1, s. 1889n 25Section 1889n. 71.21 (4) of the statutes is amended to read:
AB40-ASA1,735,4
171.21 (4) Credits computed by a partnership under s. 71.07 (2dd), (2de), (2di),
2(2dj), (2dL), (2dm), (2ds), (2dx), (2dy), (3g), (3h), (3n), (3p), (3q), (3r), (3rm), (3rn), (3s),
3(3t), (3w), (5e), (5f), (5g), (5h), (5i), (5j), (5k), (5n), (5r), (5rm), and (8r) and passed
4through to partners shall be added to the partnership's income.
AB40-ASA1, s. 1889p 5Section 1889p. 71.22 (4) (u) of the statutes is amended to read:
AB40-ASA1,737,146 71.22 (4) (u) Except as provided in sub. (4m) and ss. 71.26 (2) (b) and (3), 71.34
7(1g), and 71.42 (2), "Internal Revenue Code," for taxable years that begin after
8December 31, 2007, and before January 1, 2009, means the federal Internal Revenue
9Code as amended to December 31, 2007, 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, sections 101 and 301 (a) of P.L. 107-147, sections 106, 201, and
14202 of P.L. 108-27, section 1201 of P.L. 108-173, sections 306, 308, 316, 401, and 403
15(a) of P.L. 108-311, sections 101, 201, 211, 242, 244, 336, 337, 422, 847, 909, and 910
16of P.L. 108-357, P.L. 109-1, sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326,
171328, 1329, 1348, and 1351 of P.L. 109-58, section 11146 of P.L. 109-59, section 301
18of P.L. 109-73, sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403
19(e), (j), and (q), and 405 of P.L. 109-135, sections 101, 207, 209, 503, 512, and 513 of
20P.L. 109-222, sections 811 and 844 of P.L. 109-280, P.L. 109-432, P.L. 110-28, P.L.
21110-140, P.L. 110-141, P.L. 110-142, P.L. 110-166, and P.L. 110-172, and as
22amended by P.L. 110-245, excluding sections 110, 113, and 301 of P.L. 110-245, and
23section 15316 of P.L. 110-246, section 301 of division B and section 313 of division
24C of P.L. 110-343,
P.L. 110-458, section 1541 of division B of P.L. 111-5, and P.L.
25111-192,
and as indirectly affected in the provisions applicable to this subchapter by

1P.L. 99-514, P.L. 100-203, P.L. 100-647, excluding sections 803 (d) (2) (B), 805 (d) (2),
2812 (c) (2), 821 (b) (2), and 823 (c) (2) of P.L. 99-514 and section 1008 (g) (5) of P.L.
3100-647, P.L. 101-73, P.L. 101-140, P.L. 101-179, P.L. 101-239, P.L. 101-508, P.L.
4102-227, excluding sections 103, 104, and 110 of P.L. 102-227, P.L. 102-318, P.L.
5102-486, P.L. 103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174, and
613203 (d) of P.L. 103-66, P.L. 103-296, P.L. 103-337, P.L. 103-465, P.L. 104-7, P.L.
7104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
8104-188, P.L. 104-191, P.L. 104-193, P.L. 105-33, P.L. 105-34, P.L. 105-178, P.L.
9105-206, P.L. 105-277, P.L. 106-36, P.L. 106-170, P.L. 106-230, P.L. 106-554,
10excluding sections 162 and 165 of P.L. 106-554, P.L. 107-15, P.L. 107-16, excluding
11section 431 of P.L. 107-16, P.L. 107-22, P.L. 107-116, P.L. 107-134, P.L. 107-147,
12excluding sections 101 and 301 (a) of P.L. 107-147, P.L. 107-181, P.L. 107-210, P.L.
13107-276, P.L. 107-358, P.L. 108-27, excluding sections 106, 201, and 202 of P.L.
14108-27, P.L. 108-121, P.L. 108-173, excluding section 1201 of P.L. 108-173, P.L.
15108-203, P.L. 108-218, P.L. 108-311, excluding sections 306, 308, 316, 401, and 403
16(a) of P.L. 108-311, P.L. 108-357, excluding sections 101, 201, 211, 242, 244, 336, 337,
17422, 847, 909, and 910 of P.L. 108-357, P.L. 108-375, P.L. 108-476, P.L. 109-7, P.L.
18109-58, excluding sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328,
191329, 1348, and 1351 of P.L. 109-58, P.L. 109-59, excluding section 11146 of P.L.
20109-59, P.L. 109-73, excluding section 301 of P.L. 109-73, P.L. 109-135, excluding
21sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e), (j), and
22(q), and 405 of P.L. 109-135, P.L. 109-151, P.L. 109-222, excluding sections 101, 207,
23209, 503, 512, and 513 of P.L. 109-222, P.L. 109-227, P.L. 109-280, excluding
24sections 811 and 844 of P.L. 109-280, P.L. 110-245, excluding sections 110, 113, and
25301 of P.L. 110-245, and section 15316 of P.L. 110-246, section 301 of division B and

1section 313 of division C of P.L. 110-343,
P.L. 110-458 , section 1541 of division B of
2P.L. 111-5, and P.L. 111-192
. 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, 2007, do not apply to this
5paragraph with respect to taxable years beginning after December 31, 2007, and
6before January 1, 2009, except that changes to the Internal Revenue Code made by
7P.L. 110-245, excluding sections 110, 113, and 301 of P.L. 110-245, and section 15316
8of P.L. 110-246, section 301 of division B and section 313 of division C of P.L. 110-343,

9P.L. 110-458, section 1541 of division B of P.L. 111-5, and P.L. 111-192, and changes
10that indirectly affect the provisions applicable to this subchapter made by P.L.
11110-245, excluding sections 110, 113, and 301 of P.L. 110-245, section 15316 of P.L.
12110-246, section 301 of division B and section 313 of division C of P.L. 110-343,
P.L.
13110-458, section 1541 of division B of P.L. 111-5, and P.L. 111-192, apply for
14Wisconsin purposes at the same time as for federal purposes.
AB40-ASA1, s. 1890 15Section 1890. 71.22 (4) (um) of the statutes is amended to read:
AB40-ASA1,740,416 71.22 (4) (um) Except as provided in sub. (4m) and ss. 71.26 (2) (b) and (3), 71.34
17(1g), and 71.42 (2), "Internal Revenue Code," for taxable years that begin after
18December 31, 2008, and before January 1, 2011, means the federal Internal Revenue
19Code as amended to December 31, 2008, excluding sections 103, 104, and 110 of P.L.
20102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L. 103-66,
21sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L. 104-188, sections 1, 3,
224, and 5 of P.L. 106-519, sections 162 and 165 of P.L. 106-554, P.L. 106-573, section
23431 of P.L. 107-16, sections 101 and 301 (a) of P.L. 107-147, sections 106, 201, and
24202 of P.L. 108-27, section 1201 of P.L. 108-173, sections 306, 308, 316, 401, and 403
25(a) of P.L. 108-311, sections 101, 102, 201, 211, 242, 244, 336, 337, 422, 847, 909, and

1910 of P.L. 108-357, P.L. 109-1, sections 1305, 1308, 1309, 1310, 1323, 1324, 1325,
21326, 1328, 1329, 1348, and 1351 of P.L. 109-58, section 11146 of P.L. 109-59, section
3301 of P.L. 109-73, sections 101, 105, 201 (a) as it relates to section 1400S (a), 402
4(e), 403 (e), (j), and (q), and 405 of P.L. 109-135, sections 101, 207, 209, 503, and 513
5of P.L. 109-222, section 844 of P.L. 109-280, P.L. 109-432, P.L. 110-28, P.L. 110-140,
6P.L. 110-141, P.L. 110-142, P.L. 110-166, P.L. 110-172, P.L. 110-185, P.L. 110-234,
7sections 110, 113, and 301 of P.L. 110-245, P.L. 110-246, except section 15316 of P.L.
8110-246,
P.L. 110-289, except section 3093 of P.L. 110-289, P.L. 110-317, and P.L.
9110-343, except section 301 of division B and section 313 of division C of P.L. 110-343,
10and P.L. 110-351, as amended by sections 1261, 1262, 1401, 1402, 1521, 1522, 1531,
11and 1541 of division B of P.L. 111-5, section 301 of P.L. 111-147, P.L. 111-192, section
121601 of P.L. 111-203, section 215 of P.L. 111-226, section 2112 of P.L. 111-240, and
13P.L. 111-325,
and as indirectly affected in the provisions applicable to this
14subchapter by P.L. 99-514, P.L. 100-203, P.L. 100-647, excluding sections 803 (d) (2)
15(B), 805 (d) (2), 812 (c) (2), 821 (b) (2), and 823 (c) (2) of P.L. 99-514 and section 1008
16(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.
17101-508, P.L. 102-227, excluding sections 103, 104, and 110 of P.L. 102-227, P.L.
18102-318, P.L. 102-486, P.L. 103-66, excluding sections 13113, 13150 (d), 13171 (d),
1913174, and 13203 (d) of P.L. 103-66, P.L. 103-296, P.L. 103-337, P.L. 103-465, P.L.
20104-7, P.L. 104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605
21(d) of P.L. 104-188, P.L. 104-191, P.L. 104-193, P.L. 105-33, P.L. 105-34, P.L.
22105-178, P.L. 105-206, P.L. 105-277, P.L. 106-36, P.L. 106-170, P.L. 106-230, P.L.
23106-554, excluding sections 162 and 165 of P.L. 106-554, P.L. 107-15, P.L. 107-16,
24excluding section 431 of P.L. 107-16, P.L. 107-22, P.L. 107-116, P.L. 107-134, P.L.
25107-147, excluding sections 101 and 301 (a) of P.L. 107-147, P.L. 107-181, P.L.

1107-210, P.L. 107-276, P.L. 107-358, P.L. 108-27, excluding sections 106, 201, and
2202 of P.L. 108-27, P.L. 108-121, P.L. 108-173, excluding section 1201 of P.L.
3108-173, P.L. 108-203, P.L. 108-218, P.L. 108-311, excluding sections 306, 308, 316,
4401, and 403 (a) of P.L. 108-311, P.L. 108-357, excluding sections 101, 102, 201, 211,
5242, 244, 336, 337, 422, 847, 909, and 910 of P.L. 108-357, P.L. 108-375, P.L. 108-476,
6P.L. 109-7, P.L. 109-58, excluding sections 1305, 1308, 1309, 1310, 1323, 1324, 1325,
71326, 1328, 1329, 1348, and 1351 of P.L. 109-58, P.L. 109-59, excluding section 11146
8of P.L. 109-59, P.L. 109-73, excluding section 301 of P.L. 109-73, 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, P.L. 109-151, P.L. 109-222, excluding sections
11101, 207, 209, 503, and 513 of P.L. 109-222, P.L. 109-227, P.L. 109-280, excluding
12section 844 of P.L. 109-280,
P.L. 110-245, excluding sections 110, 113, and 301 of P.L.
13110-245, and section 15316 of P.L. 110-246, section 3093 of P.L. 110-289, section 301
14of division B and section 313 of division C of P.L. 110-343, P.L. 110-351,
P.L. 110-458,
15sections 1261, 1262, 1401, 1402, 1521, 1522, 1531, and 1541 of division B of P.L.
16111-5, section 301 of P.L. 111-147, P.L. 111-192, section 1601 of P.L. 111-203, section
17215 of P.L. 111-226, section 2112 of P.L. 111-240, and P.L. 111-325
. The Internal
18Revenue Code applies for Wisconsin purposes at the same time as for federal
19purposes. Amendments to the federal Internal Revenue Code enacted after
20December 31, 2008, do not apply to this paragraph with respect to taxable years
21beginning after December 31, 2008, and before January 1, 2011, except that changes
22to the Internal Revenue Code made by sections 1261, 1262, 1401, 1402, 1521, 1522,
231531, and 1541 of division B of P.L. 111-5, section 301 of P.L. 111-147, P.L. 111-192,
24section 1601 of P.L. 111-203, section 215 of P.L. 111-226, section 2112 of P.L. 111-240,
25and P.L. 111-325, and changes that indirectly affect the provisions applicable to this

1subchapter made by sections 1261, 1262, 1401, 1402, 1521, 1522, 1531, and 1541 of
2division B of P.L. 111-5, section 301 of P.L. 111-147, P.L. 111-192, section 1601 of P.L.
3111-203, section 215 of P.L. 111-226, section 2112 of P.L. 111-240, and P.L. 111-325,
4apply for Wisconsin purposes at the same time as for federal purposes
.
AB40-ASA1, s. 1890d 5Section 1890d. 71.22 (4) (un) of the statutes is created to read:
AB40-ASA1,743,106 71.22 (4) (un) Except as provided in sub. (4m) and ss. 71.26 (2) (b) and (3), 71.34
7(1g), and 71.42 (2), "Internal Revenue Code," for taxable years that begin after
8December 31, 2010, means the federal Internal Revenue Code as amended to
9December 31, 2010, excluding sections 103, 104, and 110 of P.L. 102-227, sections
1013113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L. 103-66, sections 1123 (b),
111202 (c), 1204 (f), 1311, and 1605 (d) of P.L. 104-188, sections 1, 3, 4, and 5 of P.L.
12106-519, sections 162 and 165 of P.L. 106-554, P.L. 106-573, section 431 of P.L.
13107-16, sections 101 and 301 (a) of P.L. 107-147, sections 106, 201, and 202 of P.L.
14108-27, section 1201 of P.L. 108-173, sections 306, 308, 316, 401, and 403 (a) of P.L.
15108-311, sections 101, 102, 201, 211, 242, 244, 336, 337, 422, 847, 909, and 910 of P.L.
16108-357, P.L. 109-1, sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328,
171329, 1348, and 1351 of P.L. 109-58, section 11146 of P.L. 109-59, section 301 of P.L.
18109-73, sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e),
19(j), and (q), and 405 of P.L. 109-135, sections 101, 207, 503, and 513 of P.L. 109-222,
20P.L. 109-432, except sections 117, 406, 409, 410, 412, 417, 418, 424, and 425 of
21division A and section 403 of division C of P.L. 109-432, P.L. 110-28, except sections
228215, 8231, 8232, 8234, and 8236 of P.L. 110-28, P.L. 110-140, sections 2, 3, and 5
23of P.L. 110-142, P.L. 110-166, sections 3 (b) and 11 (b), (e), and (g) of P.L. 110-172,
24P.L. 110-185, P.L. 110-234, section 301 of P.L. 110-245, P.L. 110-246, except sections
254, 15312, 15313, 15314, 15316, and 15342 of P.L. 110-246, sections 3071, 3081, and

13082 of P.L. 110-289, section 9 (e) of P.L. 110-317, P.L. 110-343, except sections 116,
2208, 211, and 301 of division B and sections 313 and 504 of division C of P.L. 110-343,
3P.L. 111-5, except sections 1261, 1262, 1401, 1402, 1521, 1522, 1531, and 1541 of
4division B of P.L. 111-5, section 201 of P.L. 111-147, P.L. 111-148, except sections
51322, 1515, 9003, 9021, 9022, 10108, 10908, and 10909 of P.L. 111-148, P.L. 111-152,
6except section 1407 of P.L. 111-152, P.L. 111-203, except section 1601 of P.L. 111-203,
7P.L. 111-226, except sections 215 and 217 of P.L. 111-226, P.L. 111-240, except
8sections 2014, 2043, 2111, 2112, and 2113 of P.L. 111-240, and P.L. 111-312, and as
9indirectly affected in the provisions applicable to this subchapter by P.L. 99-514, P.L.
10100-203, P.L. 100-647, excluding sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2), 821
11(b) (2), and 823 (c) (2) of P.L. 99-514 and section 1008 (g) (5) of P.L. 100-647, P.L.
12101-73, P.L. 101-140, P.L. 101-179, P.L. 101-239, P.L. 101-508, P.L. 102-227,
13excluding sections 103, 104, and 110 of P.L. 102-227, P.L. 102-318, P.L. 102-486, P.L.
14103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
15103-66, P.L. 103-296, P.L. 103-337, P.L. 103-465, P.L. 104-7, P.L. 104-188,
16excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L. 104-188, P.L.
17104-191, P.L. 104-193, P.L. 105-33, P.L. 105-34, P.L. 105-178, P.L. 105-206, P.L.
18105-277, P.L. 106-36, P.L. 106-170, 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 and 301 (a) 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, P.L. 108-173, excluding section 1201 of P.L. 108-173, P.L. 108-203, P.L.
24108-218, P.L. 108-311, excluding sections 306, 308, 316, 401, and 403 (a) of P.L.
25108-311, P.L. 108-357, excluding sections 101, 102, 201, 211, 242, 244, 336, 337, 422,

1847, 909, and 910 of P.L. 108-357, P.L. 108-375, P.L. 108-476, 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. 109-59, excluding section 11146 of P.L.
4109-59, P.L. 109-73, excluding section 301 of P.L. 109-73, P.L. 109-135, excluding
5sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e), (j), and
6(q), and 405 of P.L. 109-135, P.L. 109-151, P.L. 109-222, excluding sections 101, 207,
7503, and 513 of P.L. 109-222, P.L. 109-227, P.L. 109-280, sections 117, 406, 409, 410,
8412, 417, 418, 424, and 425 of division A and section 403 of division C of P.L. 109-432,
9sections 8215, 8231, 8232, 8234, and 8236 of P.L. 110-28, P.L. 110-141, P.L. 110-142,
10excluding sections 2, 3, and 5 of P.L. 110-142, P.L. 110-172, excluding sections 3 (b)
11and 11 (b), (e), and (g) of P.L. 110-172, P.L. 110-245, excluding section 301 of P.L.
12110-245, sections 4, 15312, 15313, 15314, 15316, and 15342 of P.L. 110-246, P.L.
13110-289, excluding sections 3071, 3081, and 3082 of P.L. 110-289, P.L. 110-317,
14excluding section 9 (e) of P.L. 110-317, sections 116, 208, 211, and 301 of division B
15and sections 313 and 504 of division C of P.L. 110-343, P.L. 110-351, P.L. 110-458,
16sections 1261, 1262, 1401, 1402, 1521, 1522, 1531, and 1541 of division B of P.L.
17111-5, P.L. 111-92, P.L. 111-147, excluding section 201 of P.L. 111-147, sections
181322, 1515, 9003, 9021, 9022, 10108, 10908, and 10909 of P.L. 111-148, section 1407
19of P.L. 111-152, P.L. 111-192, section 1601 of P.L. 111-203, sections 215 and 217 of
20P.L. 111-226, sections 2014, 2043, 2111, 2112, and 2113 of P.L. 111-240, and P.L.
21111-325. The Internal Revenue Code applies for Wisconsin purposes at the same
22time as for federal purposes, except that changes made by section 209 of P.L.
23109-222, sections 117, 406, 409, 410, 412, 417, 418, 424, and 425 of division A and
24section 403 of division C of P.L. 109-432, sections 8215, 8231, 8232, 8234, and 8236
25of P.L. 110-28, P.L. 110-141, P.L. 110-142, excluding sections 2, 3, and 5 of P.L.

1110-142, P.L. 110-172, excluding sections 3 (b) and 11 (b), (e), and (g) of P.L. 110-172,
2sections 110 and 113 of P.L. 110-245, sections 15312, 15313, 15314, and 15342 of P.L.
3110-246, sections 3031, 3032, 3033, 3041, 3051, 3052, 3061, and 3092 of P.L.
4110-289, P.L. 110-317, excluding section 9 (e) of P.L. 110-317, sections 116, 208, and
5211 of division B and section 504 of division C of P.L. 110-343, section 14 of P.L.
6111-92, sections 531, 532, and 533 of P.L. 111-147, sections 10908 and 10909 of P.L.
7111-148, and section 2043 of P.L. 111-240 do not apply for taxable years beginning
8before January 1, 2011. Amendments to the federal Internal Revenue Code enacted
9after December 31, 2010, do not apply to this paragraph with respect to taxable years
10beginning after December 31, 2010.
AB40-ASA1, s. 1890n 11Section 1890n. 71.22 (4m) (s) of the statutes is amended to read:
AB40-ASA1,745,1912 71.22 (4m) (s) For taxable years that begin after December 31, 2007, and
13before January 1, 2009, "Internal Revenue Code," for corporations that are subject
14to a tax on unrelated business income under s. 71.26 (1) (a), means the federal
15Internal Revenue Code as amended to December 31, 2007, excluding sections 103,
16104, and 110 of P.L. 102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203
17(d) of P.L. 103-66, sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
18104-188, sections 1, 3, 4, and 5 of P.L. 106-519, sections 162 and 165 of P.L. 106-554,
19P.L. 106-573, section 431 of P.L. 107-16, sections 101 and 301 (a) of P.L. 107-147,
20sections 106, 201, and 202 of P.L. 108-27, section 1201 of P.L. 108-173, sections 306,
21308, 316, 401, and 403 (a) of P.L. 108-311, sections 101, 201, 211, 242, 244, 336, 337,
22422, 847, 909, and 910 of P.L. 108-357, P.L. 109-1, sections 1305, 1308, 1309, 1310,
231323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L. 109-58, section 11146 of
24P.L. 109-59, section 301 of P.L. 109-73, sections 101, 105, 201 (a) as it relates to
25section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L. 109-135, sections 101,

1207, 209, 503, 512, and 513 of P.L. 109-222, sections 811 and 844 of P.L. 109-280, P.L.
2109-432, P.L. 110-28, P.L. 110-140, P.L. 110-141, P.L. 110-142, P.L. 110-166, and
3P.L. 110-172, and as amended by P.L. 110-245, excluding sections 110, 113, and 301
4of P.L. 110-245, and section 15316 of P.L. 110-246, section 301 of division B and
5section 313 of division C of P.L. 110-343,
P.L. 110-458, section 1541 of division B of
6P.L. 111-5, and P.L. 111-192,
and as indirectly affected in the provisions applicable
7to this subchapter by P.L. 99-514, P.L. 100-203, P.L. 100-647, P.L. 101-73, P.L.
8101-140, P.L. 101-179, P.L. 101-239, P.L. 101-508, P.L. 102-227, excluding sections
9103, 104, and 110 of P.L. 102-227, P.L. 102-318, P.L. 102-486, P.L. 103-66, excluding
10sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L. 103-66, P.L.
11103-296, P.L. 103-337, P.L. 103-465, P.L. 104-7, P.L. 104-188, excluding sections
121123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L. 104-188, P.L. 104-191, P.L.
13104-193, P.L. 105-33, P.L. 105-34, P.L. 105-178, P.L. 105-206, P.L. 105-277, P.L.
14106-36, P.L. 106-170, P.L. 106-230, P.L. 106-554, excluding sections 162 and 165 of
15P.L. 106-554, P.L. 107-15, P.L. 107-16, excluding section 431 of P.L. 107-16, P.L.
16107-22, P.L. 107-116, P.L. 107-134, P.L. 107-147, excluding sections 101 and 301 (a)
17of P.L. 107-147, P.L. 107-181, P.L. 107-210, P.L. 107-276, P.L. 107-358, P.L. 108-27,
18excluding sections 106, 201, and 202 of P.L. 108-27, P.L. 108-121, P.L. 108-173,
19excluding section 1201 of P.L. 108-173, P.L. 108-203, P.L. 108-218, P.L. 108-311,
20excluding sections 306, 308, 316, 401, and 403 (a) of P.L. 108-311, P.L. 108-357,
21excluding sections 101, 201, 211, 242, 244, 336, 337, 422, 847, 909, and 910 of P.L.
22108-357, P.L. 108-375, P.L. 108-476, P.L. 109-7, P.L. 109-58, excluding sections
231305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L.
24109-58, P.L. 109-59, excluding section 11146 of P.L. 109-59, P.L. 109-73, excluding
25section 301 of P.L. 109-73, P.L. 109-135, excluding sections 101, 105, 201 (a) as it

1relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L. 109-135, P.L.
2109-151, P.L. 109-222, excluding sections 101, 207, 209, 503, 512, and 513 of P.L.
3109-222, P.L. 109-227,and P.L. 109-280, excluding sections 811 and 844 of P.L.
4109-280, P.L. 110-245, excluding sections 110, 113, and 301 of P.L. 110-245, and
5section 15316 of P.L. 110-246, section 301 of division B and section 313 of division
6C of P.L. 110-343,
P.L. 110-458, section 1541 of division B of P.L. 111-5, and P.L.
7111-192
. The Internal Revenue Code applies for Wisconsin purposes at the same
8time as for federal purposes. Amendments to the Internal Revenue Code enacted
9after December 31, 2007, do not apply to this paragraph with respect to taxable years
10beginning after December 31, 2007, and before January 1, 2009, except that changes
11to the Internal Revenue Code made by P.L. 110-245, excluding sections 110, 113, and
12301 of P.L. 110-245, and section 15316 of P.L. 110-246, section 301 of division B and
13section 313 of division C of P.L. 110-343,
P.L. 110-458, section 1541 of division B of
14P.L. 111-5, and P.L. 111-192,
and changes that indirectly affect the provisions
15applicable to this subchapter made by P.L. 110-245, excluding sections 110, 113, and
16301 of P.L. 110-245, and section 15316 of P.L. 110-246, section 301 of division B and
17section 313 of division C of P.L. 110-343,
P.L. 110-458, section 1541 of division B of
18P.L. 111-5, and P.L. 111-192,
apply for Wisconsin purposes at the same time as for
19federal purposes.
AB40-ASA1, s. 1891 20Section 1891. 71.22 (4m) (sm) of the statutes is amended to read:
AB40-ASA1,748,821 71.22 (4m) (sm) For taxable years that begin after December 31, 2008, and
22before January 1, 2011,
"Internal Revenue Code," for corporations that are subject
23to a tax on unrelated business income under s. 71.26 (1) (a), means the federal
24Internal Revenue Code as amended to December 31, 2008, excluding sections 103,
25104, and 110 of P.L. 102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203

1(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, 102, 201, 211, 242, 244, 336,
6337, 422, 847, 909, and 910 of P.L. 108-357, P.L. 109-1, sections 1305, 1308, 1309,
71310, 1323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L. 109-58, section
811146 of P.L. 109-59, section 301 of P.L. 109-73, 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, sections 101,
10207, 209, 503, and 513 of P.L. 109-222, section 844 of P.L. 109-280, P.L. 109-432, P.L.
11110-28, P.L. 110-140, P.L. 110-141, P.L. 110-142, P.L. 110-166, P.L. 110-172, P.L.
12110-185, P.L. 110-234, sections 110, 113, and 301 of P.L. 110-245, P.L. 110-246,
13except section 15316 of P.L. 110-246, P.L. 110-289, except section 3093 of P.L.
14110-289,
P.L. 110-317, and P.L. 110-343, except section 301 of division B and section
15313 of division C of P.L. 110-343,
and P.L. 110-351, as amended by sections 1261,
161262, 1401, 1402, 1521, 1522, 1531, and 1541 of division B of P.L. 111-5, section 301
17of P.L. 111-147, P.L. 111-192, section 1601 of P.L. 111-203, section 215 of P.L.
18111-226, section 2112 of P.L. 111-240, and P.L. 111-325,
and as indirectly affected
19in the provisions applicable to this subchapter by P.L. 99-514, P.L. 100-203, P.L.
20100-647, P.L. 101-73, P.L. 101-140, P.L. 101-179, P.L. 101-239, P.L. 101-508, P.L.
21102-227, excluding sections 103, 104, and 110 of P.L. 102-227, P.L. 102-318, P.L.
22102-486, P.L. 103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174, and
2313203 (d) of P.L. 103-66, P.L. 103-296, P.L. 103-337, P.L. 103-465, P.L. 104-7, P.L.
24104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
25104-188, P.L. 104-191, P.L. 104-193, P.L. 105-33, P.L. 105-34, P.L. 105-178, P.L.

1105-206, P.L. 105-277, P.L. 106-36, P.L. 106-170, P.L. 106-230, P.L. 106-554,
2excluding sections 162 and 165 of P.L. 106-554, P.L. 107-15, P.L. 107-16, excluding
3section 431 of P.L. 107-16, P.L. 107-22, P.L. 107-116, P.L. 107-134, P.L. 107-147,
4excluding sections 101 and 301 (a) of P.L. 107-147, P.L. 107-181, P.L. 107-210, P.L.
5107-276, P.L. 107-358, P.L. 108-27, excluding sections 106, 201, and 202 of P.L.
6108-27, P.L. 108-121, P.L. 108-173, excluding section 1201 of P.L. 108-173, P.L.
7108-203, P.L. 108-218, P.L. 108-311, excluding sections 306, 308, 316, 401, and 403
8(a) of P.L. 108-311, P.L. 108-357, excluding sections 101, 102, 201, 211, 242, 244, 336,
9337, 422, 847, 909, and 910 of P.L. 108-357, P.L. 108-375, P.L. 108-476, 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. 109-59, excluding section 11146 of P.L.
12109-59, P.L. 109-73, excluding section 301 of P.L. 109-73, P.L. 109-135, excluding
13sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e), (j), and
14(q), and 405 of P.L. 109-135, P.L. 109-151, P.L. 109-222, excluding sections 101, 207,
15209, 503, and 513 of P.L. 109-222, P.L. 109-227, and P.L. 109-280, excluding section
16844 of P.L. 109-280,
P.L. 110-245, excluding sections 110, 113, and 301 of P.L.
17110-245, and section 15316 of P.L. 110-246, section 3093 of P.L. 110-289, section 301
18of division B and section 313 of division C of P.L. 110-343, P.L. 110-351,
P.L. 110-458,
19sections 1261, 1262, 1401, 1402, 1521, 1522, 1531, and 1541 of division B of P.L.
20111-5, section 301 of P.L. 111-147, P.L. 111-192, section 1601 of P.L. 111-203, section
21215 of P.L. 111-226, section 2112 of P.L. 111-240, and P.L. 111-325
. The Internal
22Revenue Code applies for Wisconsin purposes at the same time as for federal
23purposes. Amendments to the Internal Revenue Code enacted after December 31,
242008, do not apply to this paragraph with respect to taxable years beginning after
25December 31, 2008, and before January 1, 2011, except that changes to the Internal

1Revenue Code made by sections 1261, 1262, 1401, 1402, 1521, 1522, 1531, and 1541
2of division B of P.L. 111-5, section 301 of P.L. 111-147, P.L. 111-192, section 1601 of
3P.L. 111-203, section 215 of P.L. 111-226, section 2112 of P.L. 111-240, and P.L.
4111-325, and changes that indirectly affect the provisions applicable to this
5subchapter made by sections 1261, 1262, 1401, 1402, 1521, 1522, 1531, and 1541 of
6division B of P.L. 111-5, section 301 of P.L. 111-147, P.L. 111-192, section 1601 of P.L.
7111-203, section 215 of P.L. 111-226, section 2112 of P.L. 111-240, and P.L. 111-325,
8apply for Wisconsin purposes at the same time as for federal purposes
.
AB40-ASA1, s. 1891d 9Section 1891d. 71.22 (4m) (sn) of the statutes is created to read:
AB40-ASA1,751,1310 71.22 (4m) (sn) For taxable years that begin after December 31, 2010,
11"Internal Revenue Code," for corporations that are subject to a tax on unrelated
12business income under s. 71.26 (1) (a), means the federal Internal Revenue Code as
13amended to December 31, 2010, excluding sections 103, 104, and 110 of P.L. 102-227,
14sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L. 103-66, sections
151123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L. 104-188, sections 1, 3, 4, and
165 of P.L. 106-519, sections 162 and 165 of P.L. 106-554, P.L. 106-573, section 431 of
17P.L. 107-16, sections 101 and 301 (a) of P.L. 107-147, sections 106, 201, and 202 of
18P.L. 108-27, section 1201 of P.L. 108-173, sections 306, 308, 316, 401, and 403 (a) of
19P.L. 108-311, sections 101, 102, 201, 211, 242, 244, 336, 337, 422, 847, 909, and 910
20of P.L. 108-357, P.L. 109-1, sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326,
211328, 1329, 1348, and 1351 of P.L. 109-58, section 11146 of P.L. 109-59, section 301
22of P.L. 109-73, sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403
23(e), (j), and (q), and 405 of P.L. 109-135, sections 101, 207, 503, and 513 of P.L.
24109-222, P.L. 109-432, except sections 117, 406, 409, 410, 412, 417, 418, 424, and 425
25of division A and section 403 of division C of P.L. 109-432, P.L. 110-28, except

1sections 8215, 8231, 8232, 8234, and 8236 of P.L. 110-28, P.L. 110-140, sections 2,
23, and 5 of P.L. 110-142, P.L. 110-166, sections 3 (b) and 11 (b), (e), and (g) of P.L.
3110-172, P.L. 110-185, P.L. 110-234, section 301 of P.L. 110-245, P.L. 110-246,
4except sections 4, 15312, 15313, 15314, 15316, and 15342 of P.L. 110-246, sections
53071, 3081, and 3082 of P.L. 110-289, section 9 (e) of P.L. 110-317, P.L. 110-343,
6except sections 116, 208, 211, and 301 of division B and sections 313 and 504 of
7division C of P.L. 110-343, P.L. 111-5, except sections 1261, 1262, 1401, 1402, 1521,
81522, 1531, and 1541 of division B of P.L. 111-5, section 201 of P.L. 111-147, P.L.
9111-148, except sections 1322, 1515, 9003, 9021, 9022, 10108, 10908, and 10909 of
10P.L. 111-148, P.L. 111-152, except section 1407 of P.L. 111-152, P.L. 111-203, except
11section 1601 of P.L. 111-203, P.L. 111-226, except sections 215 and 217 of P.L.
12111-226, P.L. 111-240, except sections 2014, 2043, 2111, 2112, and 2113 of P.L.
13111-240, and P.L. 111-312, and as indirectly affected in the provisions applicable to
14this subchapter by P.L. 99-514, P.L. 100-203, P.L. 100-647, P.L. 101-73, P.L.
15101-140, P.L. 101-179, P.L. 101-239, P.L. 101-508, P.L. 102-227, excluding sections
16103, 104, and 110 of P.L. 102-227, P.L. 102-318, P.L. 102-486, P.L. 103-66, excluding
17sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L. 103-66, P.L.
18103-296, P.L. 103-337, P.L. 103-465, P.L. 104-7, P.L. 104-188, excluding sections
191123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L. 104-188, P.L. 104-191, P.L.
20104-193, P.L. 105-33, P.L. 105-34, P.L. 105-178, P.L. 105-206, P.L. 105-277, P.L.
21106-36, P.L. 106-170, P.L. 106-230, P.L. 106-554, excluding sections 162 and 165 of
22P.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 and 301 (a)
24of P.L. 107-147, P.L. 107-181, P.L. 107-210, P.L. 107-276, P.L. 107-358, P.L. 108-27,
25excluding sections 106, 201, and 202 of P.L. 108-27, 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, 308, 316, 401, and 403 (a) of P.L. 108-311, P.L. 108-357,
3excluding sections 101, 102, 201, 211, 242, 244, 336, 337, 422, 847, 909, and 910 of
4P.L. 108-357, P.L. 108-375, 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. 109-59, excluding section 11146 of P.L. 109-59, P.L. 109-73, excluding
7section 301 of P.L. 109-73, P.L. 109-135, excluding sections 101, 105, 201 (a) as it
8relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L. 109-135, P.L.
9109-151, P.L. 109-222, excluding sections 101, 207, 503, and 513 of P.L. 109-222,
10P.L. 109-227, P.L. 109-280, sections 117, 406, 409, 410, 412, 417, 418, 424, and 425
11of division A and section 403 of division C of P.L. 109-432, sections 8215, 8231, 8232,
128234, and 8236 of P.L. 110-28, P.L. 110-141, P.L. 110-142, excluding sections 2, 3,
13and 5 of P.L. 110-142, P.L. 110-172, excluding sections 3 (b) and 11 (b), (e), and (g)
14of P.L. 110-172, P.L. 110-245, excluding section 301 of P.L. 110-245, sections 4,
1515312, 15313, 15314, 15316, and 15342 of P.L. 110-246, P.L. 110-289, excluding
16sections 3071, 3081, and 3082 of P.L. 110-289, P.L. 110-317, excluding section 9 (e)
17of P.L. 110-317, sections 116, 208, 211, and 301 of division B and sections 313 and 504
18of division C of P.L. 110-343, P.L. 110-351, P.L. 110-458, sections 1261, 1262, 1401,
191402, 1521, 1522, 1531, and 1541 of division B of P.L. 111-5, P.L. 111-92, P.L.
20111-147, excluding section 201 of P.L. 111-147, sections 1322, 1515, 9003, 9021,
219022, 10108, 10908, and 10909 of P.L. 111-148, section 1407 of P.L. 111-152, P.L.
22111-192, section 1601 of P.L. 111-203, sections 215 and 217 of P.L. 111-226, sections
232014, 2043, 2111, 2112, and 2113 of P.L. 111-240, and P.L. 111-325. The Internal
24Revenue Code applies for Wisconsin purposes at the same time as for federal
25purposes, except that changes made by section 209 of P.L. 109-222, sections 117, 406,

1409, 410, 412, 417, 418, 424, and 425 of division A and section 403 of division C of P.L.
2109-432, sections 8215, 8231, 8232, 8234, and 8236 of P.L. 110-28, P.L. 110-141, P.L.
3110-142, excluding sections 2, 3, and 5 of P.L. 110-142, P.L. 110-172, excluding
4sections 3 (b) and 11 (b), (e), and (g) of P.L. 110-172, sections 110 and 113 of P.L.
5110-245, sections 15312, 15313, 15314, and 15342 of P.L. 110-246, sections 3031,
63032, 3033, 3041, 3051, 3052, 3061, and 3092 of P.L. 110-289, P.L. 110-317,
7excluding section 9 (e) of P.L. 110-317, sections 116, 208, and 211 of division B and
8section 504 of division C of P.L. 110-343, section 14 of P.L. 111-92, sections 531, 532,
9and 533 of P.L. 111-147, sections 10908 and 10909 of P.L. 111-148, and section 2043
10of P.L. 111-240 do not apply for taxable years beginning before January 1, 2011.
11Amendments to the Internal Revenue Code enacted after December 31, 2010, do not
12apply to this paragraph with respect to taxable years beginning after
13December 31, 2010.
AB40-ASA1, s. 1892 14Section 1892. 71.255 (2m) (d) of the statutes is amended to read:
AB40-ASA1,751,1815 71.255 (2m) (d) The department shall may not disregard the tax effect of an
16election under this subsection, or disallow the election, with respect to any controlled
17group member or members for any year of the election period, if the department
18determines that the election has the effect of tax avoidance
.
AB40-ASA1, s. 1893 19Section 1893. 71.255 (6) (a) of the statutes is amended to read:
AB40-ASA1,752,320 71.255 (6) (a) Except as provided in pars. (b), (bm), and (c) no tax credit,
21Wisconsin net business loss carry-forward, or other post-apportionment deduction
22earned by one member of the combined group, but not fully used by or allowed to that
23member, may be used in whole or in part by another member of the combined group
24or applied in whole or in part against the total income of the combined group. A
25member of a combined group may use a carry-forward of a credit, Wisconsin net

1business loss carry-forward, or other post-apportionment deduction otherwise
2allowable under s. 71.26 or 71.45, that was incurred by that same member in a
3taxable year beginning before January 1, 2009.
AB40-ASA1, s. 1894d 4Section 1894d. 71.255 (6) (bm) of the statutes is created to read:
AB40-ASA1,752,95 71.255 (6) (bm) 1. In this paragraph, "pre-2009 net business loss
6carry-forward" means a corporation's total net Wisconsin business loss
7carry-forward computed under s. 71.26 (4) or 71.45 (4) as of the beginning of its first
8taxable year that begins after December 31, 2008, but not used by the corporation
9in any taxable year beginning before January 1, 2012.
AB40-ASA1,752,2510 2. Starting with the first taxable year beginning after December 31, 2011, and
11for each of the 19 subsequent taxable years, and subject to the limitations provided
12under s. 71.26 (3) (n), for each taxable year that a corporation that is a member of a
13combined group has pre-2009 net business loss carry-forward, the corporation may,
14after using the pre-2009 net business loss carry-forward to offset its own income for
15the taxable year, and after using shareable losses to offset its own income for the
16taxable year, as provided under par. (b) 1., use up to 5 percent of the remaining
17pre-2009 net business loss carry-forward, until used or expired, to offset the
18Wisconsin income of all other members of the combined group on a proportionate
19basis, to the extent such income is attributable to the unitary business. If the full
205 percent of such pre-2009 net business loss carry-forward cannot be fully used to
21offset the Wisconsin income of all other members of the combined group, the
22remainder may be added to the portion that may offset the Wisconsin income of all
23other members of the combined group in a subsequent year, until it is completely
24used or expired, except that unused pre-2009 net business loss carry-forwards may
25not be used in any taxable year that begins after December 31, 2031.
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