AB40,885,54 76.635 (1) (b) "Certified capital investment" has the meaning given in s. 560.29
5(1) (b), 2009 stats.
AB40, s. 2155 6Section 2155. 76.635 (1) (c) of the statutes is amended to read:
AB40,885,87 76.635 (1) (c) "Investment date" has the meaning given in s. 560.29 (1) (d), 2009
8stats
.
AB40, s. 2156 9Section 2156. 76.635 (1) (d) of the statutes is amended to read:
AB40,885,1110 76.635 (1) (d) "Investment pool" has the meaning given in s. 560.29 (1) (e), 2009
11stats
.
AB40, s. 2157 12Section 2157. 76.635 (1) (e) of the statutes is amended to read:
AB40,885,1413 76.635 (1) (e) "Qualified investment" has the meaning given in s. 560.29 (1) (g),
142009 stats
.
AB40, s. 2158 15Section 2158. 76.636 (1) (b) 1. of the statutes is amended to read:
AB40,885,1616 76.636 (1) (b) 1. A development zone under s. 238.30 or s. 560.70, 2009 stats.
AB40, s. 2159 17Section 2159. 76.636 (1) (b) 2. of the statutes is amended to read:
AB40,885,1918 76.636 (1) (b) 2. A development opportunity zone under s. 238.395 or s. 560.795,
192009 stats
.
AB40, s. 2160 20Section 2160. 76.636 (1) (b) 3. of the statutes is amended to read:
AB40,885,2221 76.636 (1) (b) 3. An enterprise development zone under s. 238.397 or s. 560.797,
222009 stats
.
AB40, s. 2161 23Section 2161. 76.636 (1) (b) 4. of the statutes is amended to read:
AB40,885,2524 76.636 (1) (b) 4. An agricultural development zone under s. 238.398 or s.
25560.798, 2009 stats.
AB40, s. 2162
1Section 2162. 76.636 (1) (e) 13. of the statutes is amended to read:
AB40,886,32 76.636 (1) (e) 13. A food stamp recipient of benefits under the supplemental
3nutrition assistance program under 7 USC 2011 to 2036
.
AB40, s. 2163 4Section 2163. 76.636 (2) (intro.) of the statutes is amended to read:
AB40,886,115 76.636 (2) Credits. (intro.) Except as provided in s. 73.03 (35), and subject to
6s. 238.385 or s. 560.785, 2009 stats., for any taxable year for which an insurer is
7entitled under s. 238.395 or s. 560.795 (3), 2009 stats., to claim tax benefits or
8certified under s. 238.365 (3), 238.397 (4), or 238.398 (3) or s. 560.765 (3), 2009 stats.,
9s.
560.797 (4), 2009 stats., or s. 560.798 (3), 2009 stats., the insurer may claim as a
10credit against the fees due under s. 76.60, 76.63, 76.65, 76.66, or 76.67 the following
11amounts:
AB40, s. 2164 12Section 2164. 76.636 (2) (b) of the statutes is amended to read:
AB40,886,1713 76.636 (2) (b) The amount determined by multiplying the amount determined
14under s. 238.385 (1) (b) or s. 560.785 (1) (b), 2009 stats., by the number of full-time
15jobs created in a development zone and filled by a member of a targeted group and
16by then subtracting the subsidies paid under s. 49.147 (3) (a) or the subsidies and
17reimbursements paid under s. 49.147 (3m) (c) for those jobs.
AB40, s. 2165 18Section 2165. 76.636 (2) (c) of the statutes is amended to read:
AB40,886,2319 76.636 (2) (c) The amount determined by multiplying the amount determined
20under s. 238.385 (1) (c) or s. 560.785 (1) (c), 2009 stats., by the number of full-time
21jobs created in a development zone and not filled by a member of a targeted group
22and by then subtracting the subsidies paid under s. 49.147 (3) (a) or the subsidies and
23reimbursements paid under s. 49.147 (3m) (c) for those jobs.
AB40, s. 2166 24Section 2166. 76.636 (2) (d) of the statutes is amended to read:
AB40,887,8
176.636 (2) (d) The amount determined by multiplying the amount determined
2under s. 238.385 (1) (bm) or s. 560.785 (1) (bm), 2009 stats., by the number of
3full-time jobs retained, as provided in the rules under s. 238.385 or s. 560.785, 2009
4stats.,
excluding jobs for which a credit has been claimed under s. 71.47 (1dj), in an
5enterprise development zone under s. 238.397 or s. 560.797, 2009 stats., and for
6which significant capital investment was made and by then subtracting the
7subsidies paid under s. 49.147 (3) (a) or the subsidies and reimbursements paid
8under s. 49.147 (3m) (c) for those jobs.
AB40, s. 2167 9Section 2167. 76.636 (2) (e) of the statutes is amended to read:
AB40,887,1610 76.636 (2) (e) The amount determined by multiplying the amount determined
11under s. 238.385 (1) (c) or s. 560.785 (1) (c), 2009 stats., by the number of full-time
12jobs retained, as provided in the rules under s. 238.385 or s. 560.785, 2009 stats.,
13excluding jobs for which a credit has been claimed under s. 71.47 (1dj), in a
14development zone and not filled by a member of a targeted group and by then
15subtracting the subsidies paid under s. 49.147 (3) (a) or the subsidies and
16reimbursements paid under s. 49.147 (3m) (c) for those jobs.
AB40, s. 2168 17Section 2168. 76.636 (4) (intro.) of the statutes is amended to read:
AB40,887,2218 76.636 (4) Credit precluded. (intro.) If the certification of a person for tax
19benefits under s. 238.365 (3), 238.397 (4), or 238.398 (3) or s. 560.765 (3), 2009 stats.,
20s.
560.797 (4), 2009 stats., or s. 560.798 (3), 2009 stats., is revoked, or if the person
21becomes ineligible for tax benefits under s. 238.395 (3) or s. 560.795 (3), 2009 stats.,
22that person may not do any of the following:
AB40, s. 2169 23Section 2169. 76.636 (5) of the statutes is amended to read:
AB40,888,624 76.636 (5) Carry-over precluded. If a person who is entitled under s. 238.395
25(3) or
s. 560.795 (3), 2009 stats., to claim tax benefits or certified under s. 238.365 (3),

1238.397 (4), or 238.398 (3) or
s. 560.765 (3), 2009 stats., s. 560.797 (4), 2009 stats.,
2or s. 560.798 (3), 2009 stats., for tax benefits ceases business operations in the
3development zone during any of the taxable years that that zone exists, that person
4may not carry over to any taxable year following the year during which operations
5cease any unused credits from the taxable year during which operations cease or
6from previous taxable years.
AB40, s. 2170 7Section 2170. 76.636 (6) of the statutes is amended to read:
AB40,888,118 76.636 (6) Administration. Any insurer who claims a credit under sub. (2) shall
9include with the insurer's annual return under s. 76.64 a copy of its certification for
10tax benefits and a copy of its verification of expenses from the department of
11commerce or the Wisconsin Economic Development Corporation.
AB40, s. 2171 12Section 2171. 76.637 (1) of the statutes is amended to read:
AB40,888,1513 76.637 (1) Definition. In this section, "claimant" means an insurer who files
14a claim under this section and is certified under s. 238.301 (2) or s. 560.701 (2), 2009
15stats.,
and authorized to claim tax benefits under s. 238.303 or s. 560.703, 2009 stats.
AB40, s. 2172 16Section 2172. 76.637 (2) of the statutes is amended to read:
AB40,888,2117 76.637 (2) Filing claims. Subject to the limitations under this section, ss.
18238.301 to 238.306,
and ss. 560.701 to 560.706, 2009 stats., for taxable years
19beginning after December 31, 2008, a claimant may claim as a credit against the fees
20due under s. 76.60, 76.63, 76.65, 76.66, or 76.67 the amount authorized for the
21claimant under s. 238.303 or s. 560.703, 2009 stats.
AB40, s. 2173 22Section 2173. 76.637 (3) of the statutes is amended to read:
AB40,889,223 76.637 (3) Limitations. No credit may be allowed under this section unless the
24insurer includes with the insurer's annual return under s. 76.64 a copy of the
25claimant's certification under s. 238.301 (2) or s. 560.701 (2), 2009 stats., and a copy

1of the claimant's notice of eligibility to receive tax benefits under s. 238.303 (3) or s.
2560.703 (3), 2009 stats.
AB40, s. 2174 3Section 2174. 76.637 (4) of the statutes is amended to read:
AB40,889,134 76.637 (4) Administration. If an insurer's certification is revoked under s.
5238.305 or
s. 560.705, 2009 stats., or if an insurer becomes ineligible for tax benefits
6under s. 238.302 or s. 560.702, 2009 stats., the insurer may not claim credits under
7this section for the taxable year that includes the day on which the certification is
8revoked; the taxable year that includes the day on which the insurer becomes
9ineligible for tax benefits; or succeeding taxable years and the insurer may not carry
10over unused credits from previous years to offset the fees imposed under ss. 76.60,
1176.63, 76.65, 76.66, or 76.67 for the taxable year that includes the day on which
12certification is revoked; the taxable year that includes the day on which the insurer
13becomes ineligible for tax benefits; or succeeding taxable years.
AB40, s. 2175 14Section 2175. 76.638 (1) of the statutes is amended to read:
AB40,889,1615 76.638 (1) Definitions. In this section, "fund manager" means an investment
16fund manager certified under s. 238.15 (2) or s. 560.205 (2), 2009 stats.
AB40, s. 2176 17Section 2176. 76.638 (2) of the statutes is amended to read:
AB40,889,2318 76.638 (2) Filing claims. For taxable years beginning after December 31, 2008,
19subject to the limitations provided under this subsection and s. 238.15 or s. 560.205,
202009 stats.
, an insurer may claim as a credit against the fees imposed under s. 76.60,
2176.63, 76.65, 76.66, or 76.67, 25 percent of the insurer's investment paid to a fund
22manager that the fund manager invests in a business certified under s. 238.15 or s.
23560.205 (1), 2009 stats.
AB40, s. 2177 24Section 2177. Chapter 77 (title) of the statutes is amended to read:
AB40,889,2525 Chapter 77
AB40,890,15
1TAXATION OF FOREST CROPLANDS;
2 REAL ESTATE TRANSFER FEES;
3 SALES AND USE TAXES; COUNTY,
4 TRANSIT AUTHORITY, AND
5 SPECIAL DISTRICT SALES AND USE
6 TAXES; MANAGED FOREST LAND;
7 RECYCLING
economic development
8SURCHARGE; LOCAL FOOD
9 AND BEVERAGE TAX;
10 LOCAL RENTAL CAR TAX; PREMIER
11 RESORT AREA TAXES;
12 STATE RENTAL VEHICLE FEE;
13 DRY CLEANING FEES;
14 SOUTHEASTERN REGIONAL
15 TRANSIT AUTHORITY FEE
AB40, s. 2178 16Section 2178. 77.22 (2) (d) of the statutes is amended to read:
AB40,890,2017 77.22 (2) (d) If the real estate transferred is not subject to certification under
18s. 101.122 (4) (a), waiver under s. 101.122 (4) (b) or stipulation under s. 101.122 (4)
19(c), the reason why it is not so subject or the form prescribed by the department of
20commerce safety and professional services under s. 101.122 (6).
AB40, s. 2179 21Section 2179. 77.54 (5) (am) of the statutes is created to read:
AB40,890,2422 77.54 (5) (am) Modular homes, as defined in s. 101.71 (6), and manufactured
23homes, as defined in s. 101.91 (2), that are used in real property construction
24activities outside this state.
AB40, s. 2180
1Section 2180. 77.54 (9a) (a) of the statutes, as affected by 2011 Wisconsin Act
27
, is amended to read:
AB40,891,73 77.54 (9a) (a) This state or any agency thereof, the University of Wisconsin
4Hospitals and Clinics Authority, the University of Wisconsin– Madison, the
5Wisconsin Aerospace Authority, the Health Insurance Risk-Sharing Plan Authority,
6the Wisconsin Quality Home Care Authority, the Wisconsin Economic Development
7Corporation, and the Fox River Navigational System Authority.
AB40, s. 2181 8Section 2181. 77.54 (11m) of the statutes is created to read:
AB40,891,119 77.54 (11m) The sales price from the sales of and the storage, use, or other
10consumption of vegetable oil or animal fat that is converted into motor vehicle fuel
11that is exempt under s. 78.01 (2n) from the taxes imposed under s. 78.01 (1).
AB40, s. 2182 12Section 2182. 77.61 (21) of the statutes is created to read:
AB40,891,1713 77.61 (21) Beginning with the taxes that the department receives on July 1,
142012, the department shall annually estimate the amount of, and deposit into the
15transportation fund, the following percentages of the taxes collected under ss. 77.52
16and 77.53 on the sale, lease, or use of motor vehicles and motor vehicle parts and
17accessories:
AB40,891,1918 (a) For fiscal year 2012-13, 7.5 percent, except that the amount deposited
19under this paragraph may not exceed $35,127,000.
AB40,891,2020 (b) For fiscal year 2013-14, 10 percent.
AB40,891,2121 (c) For fiscal year 2014-15, 15 percent.
AB40,891,2222 (d) For fiscal year 2015-16, 20 percent.
AB40,891,2323 (e) For fiscal year 2016-17, 25 percent.
AB40,891,2424 (f) For fiscal year 2017-18, 30 percent.
AB40,891,2525 (g) For fiscal year 2018-19, 35 percent.
AB40,892,1
1(h) For fiscal year 2019-20, 40 percent.
AB40,892,22 (i) For fiscal year 2020-21, 45 percent.
AB40,892,33 (j) For fiscal year 2021-22, and for each fiscal year thereafter, 50 percent.
AB40, s. 2183 4Section 2183. 77.708 (1) of the statutes is amended to read:
AB40,892,105 77.708 (1) A transit authority created under s. 66.1039, by resolution and
6referendum
under s. 66.1039 (4) (s), may impose a sales tax and a use tax under this
7subchapter at a rate not to exceed 0.5 percent of the sales price or purchase price.
8Those taxes may be imposed only in their entirety. The resolution and referendum
9shall be effective on the first day of the first calendar quarter that begins at least 120
10days after the adoption of the resolution and affirmative result of the referendum.
AB40, s. 2184 11Section 2184. Subchapter VII (title) of chapter 77 [precedes 77.92] of the
12statutes is amended to read:
AB40,892,1313 Chapter 77
AB40,892,1514 Subchapter VII
15Recycling Economic development surcharge
AB40, s. 2185 16Section 2185. 77.93 (intro.) of the statutes is amended to read:
AB40,892,19 1777.93 Applicability. (intro.) For the privilege of doing business in this state,
18there is imposed a recycling an economic development surcharge on the following
19entities:
AB40, s. 2186 20Section 2186. 77.96 (6) of the statutes is amended to read:
AB40,892,2221 77.96 (6) The department of revenue shall refer to the surcharge under this
22subchapter as the recycling economic development surcharge.
AB40, s. 2187 23Section 2187. 77.97 of the statutes is amended to read:
AB40,893,3
177.97 Use of revenue. The department of revenue shall deposit the
2surcharge, interest and penalties collected under this subchapter in the recycling
3and renewable energy
economic development fund under s. 25.49.
AB40, s. 2188 4Section 2188. 79.01 (2d) of the statutes is amended to read:
AB40,893,105 79.01 (2d) There is established an account in the general fund entitled the
6"County and Municipal Aid Account." Beginning with the distributions in 2011, the
7The total amount to be distributed each year in 2011 to counties and municipalities
8from the county and municipal aid account is $824,825,715 and the total amount to
9be distributed to counties and municipalities in 2012, and in each year thereafter,
10from the county and municipal aid account is $728,825,715
.
AB40, s. 2189 11Section 2189. 79.02 (3) (e) of the statutes is amended to read:
AB40,893,1712 79.02 (3) (e) For the distribution in 2004 and subsequent years, the total
13amount of the November payments to each county and municipality under s. 79.035
14shall be reduced by an amount equal to the amount of supplements paid from the
15appropriation accounts under s. 20.435 (4) (b) and (gm) that the county or
16municipality received for the fiscal year in which a payment is made under this
17section, as determined under s. 49.45 (51).
AB40, s. 2190 18Section 2190. 79.02 (5) of the statutes is created to read:
AB40,893,2219 79.02 (5) (a) For the distribution in 2012, the total amount of the payments to
20all municipalities from the county and municipal aid account shall be reduced by
21$59,500,000 and the total amount of the payments to all counties from the county and
22municipal aid account shall be reduced by $36,500,000.
AB40,894,423 (b) 1. To calculate the reduction under this subsection for each municipality, the
24department of revenue shall first divide $59,500,000 by the total population of all
25municipalities. The department shall then adjust the result of the calculation to

1establish a per capita amount applied to all municipalities so that the reduction for
2each municipality is no more than the maximum allowable reduction under this
3subsection for that municipality and so that the total reductions to county and
4municipal aid payments for municipalities under this subsection is $59,500,000.
AB40,894,115 2. To calculate the reduction under this subsection for each county, the
6department of revenue shall first divide $36,500,000 by the total population of all
7counties. The department shall then adjust the result of the calculation to establish
8a per capita amount applied to all counties so that the reduction for each county is
9no more than the maximum allowable reduction under this subsection for that
10county and so that the total reductions to county and municipal aid payments for
11counties under this subsection is $36,500,000.
AB40,894,1912 (c) The reduction for a municipality that has a population of less than 2,500 is
13the amount calculated by multiplying the amount determined under par. (b) 1. by the
14municipality's population, multiplied by the quotient of the municipality's
15population divided by 2,500, except that the reduction determined under this
16paragraph may not exceed the lesser of an amount equal to 50 percent of the
17municipality's payment from the county and municipal aid account in 2011 or 10
18cents for each $1,000 of the municipality's equalized value, as determined under s.
1970.57.
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