AB40,773,2320 71.07 (3q) (b) Filing claims. (intro.) Subject to the limitations provided in this
21subsection and s. 238.16 or s. 560.2055, 2009 stats., for taxable years beginning after
22December 31, 2009, a claimant may claim as a credit against the taxes imposed under
23ss. 71.02 and 71.08 any of the following.
AB40, s. 1831 24Section 1831. 71.07 (3q) (b) 1. of the statutes is amended to read:
AB40,774,4
171.07 (3q) (b) 1. The amount of wages that the claimant paid to an eligible
2employee in the taxable year, not to exceed 10 percent of such wages, as determined
3by the Wisconsin Economic Development Corporation under s. 238.16 or the
4department of commerce under s. 560.2055, 2009 stats.
AB40, s. 1832 5Section 1832. 71.07 (3q) (b) 2. of the statutes is amended to read:
AB40,774,86 71.07 (3q) (b) 2. The amount of the costs incurred by the claimant in the taxable
7year, as determined under s. 238.16 or s. 560.2055, 2009 stats., to undertake the
8training activities described under s. 238.16 (3) (c) or s. 560.2055 (3) (c), 2009 stats.
AB40, s. 1833 9Section 1833. 71.07 (3q) (c) 2. of the statutes is amended to read:
AB40,774,1210 71.07 (3q) (c) 2. No credit may be allowed under this subsection unless the
11claimant includes with the claimant's return a copy of the claimant's certification for
12tax benefits under s. 238.16 (2) or s. 560.2055 (2) , 2009 stats.
AB40, s. 1834 13Section 1834. 71.07 (3q) (c) 3. of the statutes is amended to read:
AB40,774,1714 71.07 (3q) (c) 3. The maximum amount of credits that may be awarded under
15this subsection and ss. 71.28 (3q) and 71.47 (3q) for the period beginning on January
161, 2010, and ending on June 30, 2013, is $14,500,000, not including the amount of
17any credits reallocated under s. 238.15 (3) (d) or s. 560.205 (3) (d), 2009 stats.
AB40, s. 1835 18Section 1835. 71.07 (3r) (b) of the statutes is amended to read:
AB40,774,2519 71.07 (3r) (b) Filing claims. Subject to the limitations provided in this
20subsection and s. 238.19 or s. 560.208, 2009 stats., for taxable years beginning after
21December 31, 2008, and before January 1, 2017, a claimant may claim as a credit
22against the taxes imposed under s. 71.02 or 71.08, up to the amount of the tax, an
23amount equal to 10 percent of the amount the claimant paid in the taxable year for
24meat processing modernization or expansion related to the claimant's meat
25processing operation.
AB40, s. 1836
1Section 1836. 71.07 (3r) (c) 3. a. of the statutes is amended to read:
AB40,775,42 71.07 (3r) (c) 3. a. The maximum amount of the credits that may be allocated
3under this subsection and ss. 71.28 (3r) and 71.47 (3r) in fiscal year 2009-10 is
4$300,000, as allocated under s. 560.208, 2009 stats.
AB40, s. 1837 5Section 1837. 71.07 (3r) (c) 3. b. of the statutes is amended to read:
AB40,775,96 71.07 (3r) (c) 3. b. The maximum amount of the credits that may be allocated
7under this subsection and ss. 71.28 (3r) and 71.47 (3r) in fiscal year 2010-11, and in
8each fiscal year thereafter, is $700,000, as allocated under s. 238.19 or s. 560.208,
92009 stats
.
AB40, s. 1838 10Section 1838. 71.07 (3r) (c) 6. of the statutes is amended to read:
AB40,775,1311 71.07 (3r) (c) 6. No credit may be allowed under this subsection unless the
12claimant submits with the claimant's return a copy of the claimant's credit
13certification and allocation under s. 238.19 or s. 560.208, 2009 stats.
AB40, s. 1839 14Section 1839. 71.07 (3rm) (b) of the statutes is amended to read:
AB40,775,2115 71.07 (3rm) (b) Filing claims. Subject to the limitations provided in this
16subsection and s. 238.21 or s. 560.209, 2009 stats., for taxable years beginning after
17December 31, 2009, and before January 1, 2016, a claimant may claim as a credit
18against the taxes imposed under s. 71.02 or 71.08, up to the amount of the tax, an
19amount equal to 10 percent of the amount the claimant paid in the taxable year for
20equipment that is used primarily to harvest or process woody biomass that is used
21as fuel or as a component of fuel.
AB40, s. 1840 22Section 1840. 71.07 (3rm) (c) 3. of the statutes is amended to read:
AB40,775,2523 71.07 (3rm) (c) 3. The maximum amount of the credits that may be claimed
24under this subsection and ss. 71.28 (3rm) and 71.47 (3rm) is $900,000, as allocated
25under s. 238.21 or s. 560.209, 2009 stats.
AB40, s. 1841
1Section 1841. 71.07 (3rn) (b) of the statutes is amended to read:
AB40,776,82 71.07 (3rn) (b) Filing claims. Subject to the limitations provided in this
3subsection and s. 506.2056 238.17 or s. 560.2056, 2009 stats., for taxable years
4beginning after December 31, 2009, and before January 1, 2017, a claimant may
5claim as a credit against the tax imposed under ss. 71.02 and 71.08, up to the amount
6of the tax, an amount equal to 10 percent of the amount the claimant paid in the
7taxable year for food processing or food warehousing modernization or expansion
8related to the operation of the claimant's food processing plant or food warehouse.
AB40, s. 1842 9Section 1842. 71.07 (3rn) (c) 3. a. of the statutes is amended to read:
AB40,776,1210 71.07 (3rn) (c) 3. a. The maximum amount of the credits that may be allocated
11under this subsection and ss. 71.28 (3rn) and 71.47 (3rn) in fiscal year 2009-10 is
12$1,000,000, as allocated under s. 560.2056, 2009 stats.
AB40, s. 1843 13Section 1843. 71.07 (3rn) (c) 3. b. of the statutes is amended to read:
AB40,776,1614 71.07 (3rn) (c) 3. b. The maximum amount of the credits that may be allocated
15under this subsection and ss. 71.28 (3rn) and 71.47 (3rn) in fiscal year 2010-11 is
16$1,200,000, as allocated under s. 560.2056, 2009 stats.
AB40, s. 1844 17Section 1844. 71.07 (3rn) (c) 3. c. of the statutes is amended to read:
AB40,776,2118 71.07 (3rn) (c) 3. c. The maximum amount of the credits that may be allocated
19under this subsection and ss. 71.28 (3rn) and 71.47 (3rn) in fiscal year 2011-12, and
20in each year thereafter, is $700,000, as allocated under s. 238.17 or s. 560.2056, 2009
21stats
.
AB40, s. 1845 22Section 1845. 71.07 (3rn) (c) 6. of the statutes is amended to read:
AB40,776,2523 71.07 (3rn) (c) 6. No credit may be allowed under this subsection unless the
24claimant submits with the claimant's return a copy of the claimant's credit
25certification and allocation under s. 238.17 or s. 560.2056, 2009 stats.
AB40, s. 1846
1Section 1846. 71.07 (3t) (b) of the statutes is amended to read:
AB40,777,72 71.07 (3t) (b) Credit. Subject to the limitations provided in this subsection and
3in s. 560.28, 2009 stats., for taxable years beginning after December 31, 2007, a
4claimant may claim as a credit, amortized over 15 taxable years starting with the
5taxable year beginning after December 31, 2007, against the tax imposed under s.
671.02 and 71.08, up to the amount of the tax, an amount equal to the claimant's
7unused credits under s. 71.07 (3s).
AB40, s. 1847 8Section 1847. 71.07 (3t) (c) 1. of the statutes is amended to read:
AB40,777,159 71.07 (3t) (c) 1. No credit may be claimed under this subsection unless the
10claimant submits with the claimant's return a copy of the claimant's certification by
11the department of commerce under s. 560.28, 2009 stats., except that, with regard
12to credits claimed by partners of a partnership, members of a limited liability
13company, or shareholders of a tax-option corporation, the entity shall provide a copy
14of its certification under s. 560.28, 2009 stats., to the partner, member, or shareholder
15to submit with his or her return.
AB40, s. 1848 16Section 1848. 71.07 (3w) (a) 2. of the statutes is amended to read:
AB40,777,1917 71.07 (3w) (a) 2. "Claimant" means a person who is certified to claim tax
18benefits under s. 238.399 (5) or s. 560.799 (5), 2009 stats., and who files a claim under
19this subsection.
AB40, s. 1849 20Section 1849. 71.07 (3w) (a) 3. of the statutes is amended to read:
AB40,777,2221 71.07 (3w) (a) 3. "Full-time employee" means a full-time employee, as defined
22in s. 238.399 (1) (am) or s. 560.799 (1) (am), 2009 stats.
AB40, s. 1850 23Section 1850. 71.07 (3w) (a) 4. of the statutes is amended to read:
AB40,777,2524 71.07 (3w) (a) 4. "Enterprise zone" means a zone designated under s. 238.399
25or s.
560.799, 2009 stats.
AB40, s. 1851
1Section 1851. 71.07 (3w) (a) 5d. of the statutes is amended to read:
AB40,778,42 71.07 (3w) (a) 5d. "Tier I county or municipality" means a tier I county or
3municipality, as determined by the department of commerce under s. 238.399 or s.
4560.799, 2009 stats.
AB40, s. 1852 5Section 1852. 71.07 (3w) (a) 5e. of the statutes is amended to read:
AB40,778,86 71.07 (3w) (a) 5e. "Tier II county or municipality" means a tier II county or
7municipality, as determined by the department of commerce under s. 238.399 or s.
8560.799, 2009 stats.
AB40, s. 1853 9Section 1853. 71.07 (3w) (b) (intro.) of the statutes is amended to read:
AB40,778,1310 71.07 (3w) (b) Filing claims; payroll. (intro.) Subject to the limitations
11provided in this subsection and s. 238.399 or s. 560.799, 2009 stats., a claimant may
12claim as a credit against the tax imposed under s. 71.02 or 71.08 an amount
13calculated as follows:
AB40, s. 1854 14Section 1854. 71.07 (3w) (b) 5. of the statutes is amended to read:
AB40,778,1715 71.07 (3w) (b) 5. Multiply the amount determined under subd. 4. by the
16percentage determined by the department of commerce under s. 238.399 or s.
17560.799, 2009 stats., not to exceed 7 percent.
AB40, s. 1855 18Section 1855. 71.07 (3w) (bm) 1. of the statutes is amended to read:
AB40,779,419 71.07 (3w) (bm) 1. In addition to the credits under par. (b) and subds. 2., 3., and
204., and subject to the limitations provided in this subsection and s. 238.399 or s.
21560.799, 2009 stats., a claimant may claim as a credit against the tax imposed under
22s. 71.02 or 71.08 an amount equal to a percentage, as determined by the department
23of commerce
under s. 238.399 or s. 560.799, 2009 stats., not to exceed 100 percent,
24of the amount the claimant paid in the taxable year to upgrade or improve the
25job-related skills of any of the claimant's full-time employees, to train any of the

1claimant's full-time employees on the use of job-related new technologies, or to
2provide job-related training to any full-time employee whose employment with the
3claimant represents the employee's first full-time job. This subdivision does not
4apply to employees who do not work in an enterprise zone.
AB40, s. 1856 5Section 1856. 71.07 (3w) (bm) 2. of the statutes is amended to read:
AB40,779,196 71.07 (3w) (bm) 2. In addition to the credits under par. (b) and subds. 1., 3., and
74., and subject to the limitations provided in this subsection and s. 238.399 or s.
8560.799, 2009 stats., a claimant may claim as a credit against the tax imposed under
9s. 71.02 or 71.08 an amount equal to the percentage, as determined by the
10department of commerce
under s. 238.399 or s. 560.799, 2009 stats., not to exceed 7
11percent, of the claimant's zone payroll paid in the taxable year to all of the claimant's
12full-time employees whose annual wages are greater than $20,000 in a tier I county
13or municipality, not including the wages paid to the employees determined under
14par. (b) 1., or greater than $30,000 in a tier II county or municipality, not including
15the wages paid to the employees determined under par. (b) 1., and who the claimant
16employed in the enterprise zone in the taxable year, if the total number of such
17employees is equal to or greater than the total number of such employees in the base
18year. A claimant may claim a credit under this subdivision for no more than 5
19consecutive taxable years.
AB40, s. 1857 20Section 1857. 71.07 (3w) (bm) 3. of the statutes is amended to read:
AB40,780,221 71.07 (3w) (bm) 3. In addition to the credits under par. (b) and subds. 1., 2., and
224., and subject to the limitations provided in this subsection and s. 238.399 or s.
23560.799, 2009 stats., for taxable years beginning after December 31, 2008, a claimant
24may claim as a credit against the tax imposed under s. 71.02 or 71.08 up to 10 percent

1of the claimant's significant capital expenditures, as determined by the department
2of commerce
under s. 238.399 (5m) or s. 560.799 (5m), 2009 stats.
AB40, s. 1858 3Section 1858. 71.07 (3w) (bm) 4. of the statutes is amended to read:
AB40,780,124 71.07 (3w) (bm) 4. In addition to the credits under par. (b) and subds. 1., 2., and
53., and subject to the limitations provided in this subsection and s. 238.399 or s.
6560.799, 2009 stats., for taxable years beginning after December 31, 2009, a claimant
7may claim as a credit against the tax imposed under s. 71.02 or 71.08, up to 1 percent
8of the amount that the claimant paid in the taxable year to purchase tangible
9personal property, items, property, or goods under s. 77.52 (1) (b), (c), or (d), or
10services from Wisconsin vendors, as determined by the department of commerce
11under s. 238.399 (5) (e) or s. 560.799 (5) (e), 2009 stats., except that the claimant may
12not claim the credit under this subdivision and subd. 3. for the same expenditures.
AB40, s. 1859 13Section 1859. 71.07 (3w) (c) 3. of the statutes is amended to read:
AB40,780,1614 71.07 (3w) (c) 3. No credit may be allowed under this subsection unless the
15claimant includes with the claimant's return a copy of the claimant's certification for
16tax benefits under s. 238.399 (5) or (5m) or s. 560.799 (5) or (5m), 2009 stats.
AB40, s. 1860 17Section 1860. 71.07 (3w) (d) of the statutes is amended to read:
AB40,780,2218 71.07 (3w) (d) Administration. Section 71.28 (4) (g) and (h), as it applies to the
19credit under s. 71.28 (4), applies to the credit under this subsection. Claimants shall
20include with their returns a copy of their certification for tax benefits, and a copy of
21the verification of their expenses, from the department of commerce or the Wisconsin
22Economic Development Corporation
.
AB40, s. 1861 23Section 1861. 71.07 (5b) (a) 2. of the statutes is amended to read:
AB40,780,2524 71.07 (5b) (a) 2. "Fund manager" means an investment fund manager certified
25under s. 238.15 (2) or s. 560.205 (2), 2009 stats.
AB40, s. 1862
1Section 1862. 71.07 (5b) (b) 1. of the statutes is amended to read:
AB40,781,72 71.07 (5b) (b) 1. For taxable years beginning after December 31, 2004, subject
3to the limitations provided under this subsection and s. 238.15 or s. 560.205, 2009
4stats.
, and except as provided in subd. 2., a claimant may claim as a credit against
5the tax imposed under ss. 71.02 and 71.08, up to the amount of those taxes, 25 percent
6of the claimant's investment paid to a fund manager that the fund manager invests
7in a business certified under s. 238.15 (1) or s. 560.205 (1), 2009 stats.
AB40, s. 1863 8Section 1863. 71.07 (5b) (b) 2. of the statutes is amended to read:
AB40,781,179 71.07 (5b) (b) 2. In the case of a partnership, limited liability company, or
10tax-option corporation, the computation of the 25 percent limitation under subd. 1.
11shall be determined at the entity level rather than the claimant level and may be
12allocated among the claimants who make investments in the manner set forth in the
13entity's organizational documents. The entity shall provide to the department of
14revenue and to the department of commerce or the Wisconsin Economic
15Development Corporation
the names and tax identification numbers of the
16claimants, the amounts of the credits allocated to the claimants, and the
17computation of the allocations.
AB40, s. 1864 18Section 1864. 71.07 (5b) (d) 3. of the statutes is amended to read:
AB40,781,2319 71.07 (5b) (d) 3. For calendar years beginning investments made after
20December 31, 2007, if an investment for which a claimant claims a credit under par.
21(b) is held by the claimant for less than 3 years, the claimant shall pay to the
22department, in the manner prescribed by the department, the amount of the credit
23that the claimant received related to the investment.
AB40, s. 1865 24Section 1865. 71.07 (5d) (a) 1. (intro.) of the statutes is amended to read:
AB40,782,3
171.07 (5d) (a) 1. (intro.) "Bona fide angel investment" means a purchase of an
2equity interest, or any other expenditure, as determined by rule under s. 238.15 or
3s.
560.205, 2009 stats., that is made by any of the following:
AB40, s. 1866 4Section 1866. 71.07 (5d) (a) 2m. of the statutes is amended to read:
AB40,782,85 71.07 (5d) (a) 2m. "Person" means a partnership or, limited liability company,
6or tax-option corporation
that is a nonoperating entity, as determined by the
7department of commerce or the Wisconsin Economic Development Corporation, a
8natural person, or fiduciary.
AB40, s. 1867 9Section 1867. 71.07 (5d) (a) 3. of the statutes is amended to read:
AB40,782,1110 71.07 (5d) (a) 3. "Qualified new business venture" means a business that is
11certified under s. 238.15 (1) or s. 560.205 (1), 2009 stats.
AB40, s. 1868 12Section 1868. 71.07 (5d) (b) (intro.) of the statutes is amended to read:
AB40,782,1613 71.07 (5d) (b) Filing claims. (intro.) Subject to the limitations provided in this
14subsection and in s. 238.15 or s. 560.205, 2009 stats., a claimant may claim as a credit
15against the tax imposed under s. 71.02 or 71.08, up to the amount of those taxes, the
16following:
AB40, s. 1869 17Section 1869. 71.07 (5d) (b) 1. of the statutes is amended to read:
AB40,782,2218 71.07 (5d) (b) 1. For taxable years beginning before January 1, 2008, in each
19taxable year for 2 consecutive years, beginning with the taxable year as certified by
20the department of commerce or the Wisconsin Economic Development Corporation,
21an amount equal to 12.5 percent of the claimant's bona fide angel investment made
22directly in a qualified new business venture.
AB40, s. 1870 23Section 1870. 71.07 (5d) (b) 2. of the statutes is amended to read:
AB40,783,224 71.07 (5d) (b) 2. For taxable years beginning after December 31, 2007, for the
25taxable year certified by the department of commerce or the Wisconsin Economic

1Development Corporation
, an amount equal to 25 percent of the claimant's bona fide
2angel investment made directly in a qualified new business venture.
AB40, s. 1871 3Section 1871. 71.07 (5d) (c) 2. of the statutes is amended to read:
AB40,783,74 71.07 (5d) (c) 2. For taxable years beginning before January 1, 2008, the
5maximum amount of a claimant's investment that may be used as the basis for a
6credit under this subsection is $2,000,000 for each investment made directly in a
7business certified under s. 238.15 (1) or s. 560.205 (1), 2009 stats.
AB40, s. 1872 8Section 1872. 71.07 (5d) (c) 3m. of the statutes is amended to read:
AB40,783,179 71.07 (5d) (c) 3m. Partnerships and, limited liability companies, and
10tax-option corporations
may not claim the credit under this subsection, but the
11eligibility for, and the amount of, the credit are based on their payment of amounts
12under par. (b). A partnership or, limited liability company, or tax-option corporation
13shall compute the amount of credit that each of its partners or, members, or
14shareholders
may claim and shall provide that information to each of them. Partners
15and, members of limited liability companies, and shareholders of tax-option
16corporations
may claim the credit in proportion to their ownership interest or as
17specially allocated in their organizational documents.
AB40, s. 1873 18Section 1873. 71.07 (5d) (d) 1. of the statutes is amended to read:
AB40,783,2319 71.07 (5d) (d) 1. For calendar years beginning investments made after
20December 31, 2007, if an investment for which a claimant claims a credit under par.
21(b) is held by the claimant for less than 3 years, the claimant shall pay to the
22department, in the manner prescribed by the department, the amount of the credit
23that the claimant received related to the investment.
AB40, s. 1874 24Section 1874. 71.07 (5f) (a) 1. (intro.) of the statutes is amended to read:
AB40,784,11
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:
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