SB21,955,2112
71.30
(3) (f) The total of farmland preservation credit under subch. IX,
13farmland tax relief credit under s. 71.28 (2m), dairy manufacturing facility
14investment credit under s. 71.28 (3p), jobs credit under s. 71.28 (3q), meat processing
15facility investment credit under s. 71.28 (3r), woody biomass harvesting and
16processing credit under s. 71.28 (3rm), food processing plant and food warehouse
17investment credit under s. 71.28 (3rn), enterprise zone jobs credit under s. 71.28
18(3w),
business development credit under s. 71.28 (3y), film production services credit
19under s. 71.28 (5f), film production company investment credit under s. 71.28 (5h),
20beginning farmer and farm asset owner tax credit under s. 71.28 (8r), and estimated
21tax payments under s. 71.29.
SB21,2347
22Section
2347. 71.34 (1g) (a) of the statutes is repealed.
SB21,2348
23Section
2348. 71.34 (1g) (g) of the statutes is amended to read:
SB21,958,1424
71.34
(1g) (g) "Internal Revenue Code" for tax-option corporations, for taxable
25years that begin after December 31, 2008, and before January 1, 2011, means the
1federal Internal Revenue Code as amended to December 31, 2008, excluding sections
2103, 104, and 110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d), 13174, and
313203 (d) of P.L.
103-66, sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
4104-188, sections 1, 3, 4, and 5 of P.L.
106-519, sections 162 and 165 of P.L.
106-554,
5P.L.
106-573, section 431 of P.L.
107-16, sections 101 and 301 (a) of P.L.
107-147,
6sections 106, 201, and 202 of P.L.
108-27, section 1201 of P.L.
108-173, sections 306,
7308, 316, 401, and 403 (a) of P.L.
108-311, sections 101, 102, 201, 211, 242, 244, 336,
8337, 422, 847, 909, and 910 of P.L.
108-357, P.L.
109-1, sections 1305, 1308, 1309,
91310, 1323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L.
109-58, section
1011146 of P.L.
109-59, section 301 of P.L.
109-73, sections 101, 105, 201 (a) as it relates
11to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L.
109-135, sections 101,
12207, 209, 503, and 513 of P.L.
109-222, P.L.
109-432, P.L.
110-28, P.L.
110-140, P.L.
13110-141, P.L.
110-142, P.L.
110-166, P.L.
110-172, P.L.
110-185, P.L.
110-234,
14sections 110, 113, and 301 of P.L.
110-245, P.L.
110-246, except section 15316 of P.L.
15110-246, P.L.
110-289, except section 3093 of P.L.
110-289, P.L.
110-317, and P.L.
16110-343, except section 301 of division B and section 313 of division C of P.L.
110-343,
17and as amended by sections 1261, 1262, 1401, 1402, 1521, 1522, 1531, and 1541 of
18division B of P.L.
111-5, section 301 of P.L.
111-147, P.L.
111-192, section 1601 of P.L.
19111-203, section 215 of P.L.
111-226, section 2112 of P.L.
111-240,
and P.L.
111-325,
20and P.L. 113-168, and as indirectly affected in the provisions applicable to this
21subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, excluding sections 803 (d) (2)
22(B), 805 (d) (2), 812 (c) (2), 821 (b) (2), and 823 (c) (2) of P.L.
99-514 and section 1008
23(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.
24101-508, P.L.
102-227, excluding sections 103, 104, and 110 of P.L.
102-227, P.L.
25102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d),
113174, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
2104-7, P.L.
104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605
3(d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
4105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
106-170, P.L.
106-230, P.L.
5106-554, excluding sections 162 and 165 of P.L.
106-554, P.L.
107-15, P.L.
107-16,
6excluding section 431 of P.L.
107-16, P.L.
107-22, P.L.
107-116, P.L.
107-134, P.L.
7107-147, excluding sections 101 and 301 (a) of P.L.
107-147, P.L.
107-181, P.L.
8107-210, P.L.
107-276, P.L.
107-358, P.L.
108-27, excluding sections 106, 201, and
9202 of P.L.
108-27, P.L.
108-121, P.L.
108-173, excluding section 1201 of P.L.
10108-173, P.L.
108-203, P.L.
108-218, P.L.
108-311, excluding sections 306, 308, 316,
11401, and 403 (a) of P.L.
108-311, P.L.
108-357, excluding sections 101, 102, 201, 211,
12242, 244, 336, 337, 422, 847, 909, and 910 of P.L.
108-357, P.L.
108-375, P.L.
108-476,
13P.L.
109-7, P.L.
109-58, excluding sections 1305, 1308, 1309, 1310, 1323, 1324, 1325,
141326, 1328, 1329, 1348, and 1351 of P.L.
109-58, P.L.
109-59, excluding section 11146
15of P.L.
109-59, P.L.
109-73, excluding section 301 of P.L.
109-73, P.L.
109-135,
16excluding sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e),
17(j), and (q), and 405 of P.L.
109-135, P.L.
109-151, P.L.
109-222, excluding sections
18101, 207, 209, 503, and 513 of P.L.
109-222, P.L.
109-227, P.L.
109-280, P.L.
110-245,
19excluding sections 110, 113, and 301 of P.L.
110-245, section 15316 of P.L.
110-246,
20section 3093 of P.L.
110-289, section 301 of division B and section 313 of division C
21of P.L.
110-343, P.L.
110-351, P.L.
110-458, sections 1261, 1262, 1401, 1402, 1521,
221522, 1531, and 1541 of division B of P.L.
111-5, section 301 of P.L.
111-147, P.L.
23111-192, section 1601 of P.L.
111-203, section 215 of P.L.
111-226, section 2112 of P.L.
24111-240,
and P.L.
111-325,
and P.L. 113-168, except that section 1366 (f) (relating
25to pass-through of items to shareholders) is modified by substituting the tax under
1s. 71.35 for the taxes under sections 1374 and 1375. The Internal Revenue Code
2applies for Wisconsin purposes at the same time as for federal purposes.
3Amendments to the federal Internal Revenue Code enacted after December 31, 2008,
4do not apply to this paragraph with respect to taxable years beginning after
5December 31, 2008, and before January 1, 2011, except that changes to the Internal
6Revenue Code made by sections 1261, 1262, 1401, 1402, 1521, 1522, 1531, and 1541
7of division B of P.L.
111-5, section 301 of P.L.
111-147, P.L.
111-192, section 1601 of
8P.L.
111-203, section 215 of P.L.
111-226, section 2112 of P.L.
111-240,
and P.L.
9111-325,
and P.L. 113-168, and changes that indirectly affect the provisions
10applicable to this subchapter made by sections 1261, 1262, 1401, 1402, 1521, 1522,
111531, and 1541 of division B of P.L.
111-5, section 301 of P.L.
111-147, P.L.
111-192,
12section 1601 of P.L.
111-203, section 215 of P.L.
111-226, section 2112 of P.L.
111-240,
13and P.L.
111-325,
and P.L. 113-168, apply for Wisconsin purposes at the same time
14as for federal purposes.
SB21,2349
15Section
2349. 71.34 (1g) (h) of the statutes is amended to read:
SB21,962,216
71.34
(1g) (h) "Internal Revenue Code" for tax-option corporations, for taxable
17years that begin after December 31, 2010, and before January 1, 2013, means the
18federal Internal Revenue Code as amended to December 31, 2010, excluding sections
19103, 104, and 110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d), 13174, and
2013203 (d) of P.L.
103-66, sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
21104-188, sections 1, 3, 4, and 5 of P.L.
106-519, sections 162 and 165 of P.L.
106-554,
22P.L.
106-573, section 431 of P.L.
107-16, sections 101 and 301 (a) of P.L.
107-147,
23sections 106, 201, and 202 of P.L.
108-27, section 1201 of P.L.
108-173, sections 306,
24308, 316, 401, and 403 (a) of P.L.
108-311, sections 101, 102, 201, 211, 242, 244, 336,
25337, 422, 847, 909, and 910 of P.L.
108-357, P.L.
109-1, sections 1305, 1308, 1309,
11310, 1323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L.
109-58, section
211146 of P.L.
109-59, section 301 of P.L.
109-73, sections 101, 105, 201 (a) as it relates
3to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L.
109-135, sections 101,
4207, 503, and 513 of P.L.
109-222, P.L.
109-432, except sections 117, 406, 409, 410,
5412, 417, 418, 424, and 425 of division A and section 403 of division C of P.L.
109-432,
6P.L.
110-28, except sections 8215, 8231, 8232, 8234, and 8236 of P.L.
110-28, P.L.
7110-140, sections 2, 3, and 5 of P.L.
110-142, P.L.
110-166, sections 3 (b) and 11 (b),
8(e), and (g) of P.L.
110-172, P.L.
110-185, P.L.
110-234, section 301 of P.L.
110-245,
9P.L.
110-246, except sections 4, 15312, 15313, 15314, 15316, and 15342 of P.L.
10110-246, sections 3071, 3081, and 3082 of P.L.
110-289, section 9 (e) of P.L.
110-317,
11P.L.
110-343, except sections 116, 208, 211, and 301 of division B and sections 313
12and 504 of division C of P.L.
110-343, P.L.
111-5, except sections 1261, 1262, 1401,
131402, 1521, 1522, 1531, and 1541 of division B of P.L.
111-5, section 201 of P.L.
14111-147, P.L.
111-148, except sections 1322, 1515, 9003, 9021, 9022, 10108, 10908,
15and 10909 of P.L.
111-148, P.L.
111-152, except section 1407 of P.L.
111-152, P.L.
16111-203, except section 1601 of P.L.
111-203, P.L.
111-226, except sections 215 and
17217 of P.L.
111-226, P.L.
111-240, except sections 2014, 2043, 2111, 2112, and 2113
18of P.L.
111-240, and P.L.
111-312, and as amended by section 902 of P.L.
112-240 and
19by P.L. 113-168, and as indirectly affected in the provisions applicable to this
20subchapter by P.L.
99-514, excluding sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2),
21821 (b) (2), and 823 (c) (2) of P.L.
99-514, P.L.
100-203, P.L.
100-647, excluding
22section 1008 (g) (5) of P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
23101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104, and 110 of P.L.
24102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150
25(d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
1103-465, P.L.
104-7, P.L.
104-188, excluding sections 1123 (b), 1202 (c), 1204 (f),
21311, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
3105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
106-170, P.L.
4106-230, P.L.
106-554, excluding sections 162 and 165 of P.L.
106-554, P.L.
107-15,
5P.L.
107-16, excluding section 431 of P.L.
107-16, P.L.
107-22, P.L.
107-116, P.L.
6107-134, P.L.
107-147, excluding sections 101 and 301 (a) of P.L.
107-147, P.L.
7107-181, P.L.
107-210, P.L.
107-276, P.L.
107-358, P.L.
108-27, excluding sections
8106, 201, and 202 of P.L.
108-27, P.L.
108-121, P.L.
108-173, excluding section 1201
9of P.L.
108-173, P.L.
108-203, P.L.
108-218, P.L.
108-311, excluding sections 306,
10308, 316, 401, and 403 (a) of P.L.
108-311, P.L.
108-357, excluding sections 101, 102,
11201, 211, 242, 244, 336, 337, 422, 847, 909, and 910 of P.L.
108-357, P.L.
108-375,
12P.L.
108-476, P.L.
109-7, P.L.
109-58, excluding sections 1305, 1308, 1309, 1310,
131323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L.
109-58, P.L.
109-59,
14excluding section 11146 of P.L.
109-59, P.L.
109-73, excluding section 301 of P.L.
15109-73, P.L.
109-135, excluding sections 101, 105, 201 (a) as it relates to section
161400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L.
109-135, P.L.
109-151, P.L.
17109-222, excluding sections 101, 207, 503, and 513 of P.L.
109-222, P.L.
109-227,
18P.L.
109-280, sections 117, 406, 409, 410, 412, 417, 418, 424, and 425 of division A
19and section 403 of division C of P.L.
109-432, sections 8215, 8231, 8232, 8234, and
208236 of P.L.
110-28, P.L.
110-141, P.L.
110-142, excluding sections 2, 3, and 5 of P.L.
21110-142, P.L.
110-172, excluding sections 3 (b) and 11 (b), (e), and (g) of P.L.
110-172,
22P.L.
110-245, excluding section 301 of P.L.
110-245, sections 4, 15312, 15313, 15314,
2315316, and 15342 of P.L.
110-246, P.L.
110-289, excluding sections 3071, 3081, and
243082 of P.L.
110-289, P.L.
110-317, excluding section 9 (e) of P.L.
110-317, sections
25116, 208, 211, and 301 of division B and sections 313 and 504 of division C of P.L.
1110-343, P.L.
110-351, P.L.
110-458, sections 1261, 1262, 1401, 1402, 1521, 1522,
21531, and 1541 of division B of P.L.
111-5, P.L.
111-92, P.L.
111-147, excluding
3section 201 of P.L.
111-147, sections 1322, 1515, 9003, 9021, 9022, 10108, 10908, and
410909 of P.L.
111-148, section 1407 of P.L.
111-152, P.L.
111-192, section 1601 of P.L.
5111-203, sections 215 and 217 of P.L.
111-226, sections 2014, 2043, 2111, 2112, and
62113 of P.L.
111-240, P.L.
111-325,
and section 902 of P.L.
112-240,
and P.L. 113-168, 7except that section 1366 (f) (relating to pass-through of items to shareholders) is
8modified by substituting the tax under s. 71.35 for the taxes under sections 1374 and
91375. The Internal Revenue Code applies for Wisconsin purposes at the same time
10as for federal purposes, except that changes made by section 209 of P.L.
109-222,
11sections 117, 406, 409, 410, 412, 417, 418, 424, and 425 of division A and section 403
12of division C of P.L.
109-432, sections 8215, 8231, 8232, 8234, and 8236 of P.L.
13110-28, P.L.
110-141, P.L.
110-142, excluding sections 2, 3, and 5 of P.L.
110-142,
14P.L.
110-172, excluding sections 3 (b) and 11 (b), (e), and (g) of P.L.
110-172, sections
15110 and 113 of P.L.
110-245, sections 15312, 15313, 15314, and 15342 of P.L.
110-246,
16sections 3031, 3032, 3033, 3041, 3051, 3052, 3061, and 3092 of P.L.
110-289, P.L.
17110-317, excluding section 9 (e) of P.L.
110-317, sections 116, 208, and 211 of division
18B and section 504 of division C of P.L.
110-343, section 14 of P.L.
111-92, sections 531,
19532, and 533 of P.L.
111-147, sections 10908 and 10909 of P.L.
111-148, and section
202043 of P.L.
111-240 do not apply for taxable years beginning before January 1, 2011.
21Amendments to the federal Internal Revenue Code enacted after December 31, 2010,
22do not apply to this paragraph with respect to taxable years beginning after
23December 31, 2010, and before January 1, 2013, except that changes to the Internal
24Revenue Code made by section 902 of P.L.
112-240 and by P.L. 113-168, and changes
25that indirectly affect the provisions applicable to this subchapter made by section
1902 of P.L.
112-240 and by P.L. 113-168, apply for Wisconsin purposes at the same
2time as for federal purposes.
SB21,2350
3Section
2350. 71.34 (1g) (i) of the statutes is amended to read:
SB21,965,174
71.34
(1g) (i) "Internal Revenue Code" for tax-option corporations, for taxable
5years that begin after December 31, 2012,
and before January 1, 2014, means the
6federal Internal Revenue Code as amended to December 31, 2010, excluding sections
7103, 104, and 110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d), 13174, and
813203 (d) of P.L.
103-66, sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
9104-188, sections 1, 3, 4, and 5 of P.L.
106-519, sections 162 and 165 of P.L.
106-554,
10section 431 of P.L.
107-16, sections 101 and 301 (a) of P.L.
107-147, sections 106, 201,
11and 202 of P.L.
108-27, section 1201 of P.L.
108-173, sections 306, 308, 316, 401, and
12403 (a) of P.L.
108-311, sections 101, 102, 201, 211, 242, 244, 336, 337, 422, 847, 909,
13and 910 of P.L.
108-357, P.L.
109-1, sections 1305, 1308, 1309, 1310, 1323, 1324,
141325, 1326, 1328, 1329, 1348, and 1351 of P.L.
109-58, section 11146 of P.L.
109-59,
15section 301 of P.L.
109-73, sections 101, 105, 201 (a) as it relates to section 1400S (a),
16402 (e), 403 (e), (j), and (q), and 405 of P.L.
109-135, sections 101, 207, 503, and 513
17of P.L.
109-222, P.L.
109-432, except sections 117, 406, 409, 410, 412, 417, 418, 424,
18and 425 of division A and section 403 of division C of P.L.
109-432, P.L.
110-28, except
19sections 8215, 8231, 8232, 8234, and 8236 of P.L.
110-28, P.L.
110-140, sections 2,
203, and 5 of P.L.
110-142, P.L.
110-166, sections 3 (b) and 11 (b), (e), and (g) of P.L.
21110-172, P.L.
110-185, P.L.
110-234, section 301 of P.L.
110-245, P.L.
110-246,
22except sections 4, 15312, 15313, 15314, 15316, and 15342 of P.L.
110-246, sections
233071, 3081, and 3082 of P.L.
110-289, section 9 (e) of P.L.
110-317, P.L.
110-343,
24except sections 116, 208, 211, and 301 of division B and sections 313 and 504 of
25division C of P.L.
110-343, P.L.
111-5, except sections 1261, 1262, 1401, 1402, 1521,
11522, 1531, and 1541 of division B of P.L.
111-5, section 201 of P.L.
111-147, P.L.
2111-148, except sections 1322, 1515, 9003, 9004, 9005, 9012, 9013, 9014, 9016, 9021,
39022, 10108, 10902, 10908, and 10909 of P.L.
111-148, P.L.
111-152, except sections
41403 and 1407 of P.L.
111-152, P.L.
111-203, except section 1601 of P.L.
111-203, P.L.
5111-226, except sections 215 and 217 of P.L.
111-226, P.L.
111-240, except sections
62014, 2043, 2111, 2112, and 2113 of P.L.
111-240, P.L.
111-312, and as amended by
7section 1858 of P.L.
112-10, section 1108 of P.L.
112-95, sections 40211, 40241, 40242,
8and 100121 of P.L.
112-141,
and sections 101 and 902 of P.L.
112-240,
and P.L.
9113-168, and as indirectly affected in the provisions applicable to this subchapter by
10P.L.
99-514, excluding sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2), 821 (b) (2), and
11823 (c) (2) of P.L.
99-514, P.L.
100-203, P.L.
100-647, excluding section 1008 (g) (5)
12of P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508,
13P.L.
102-227, excluding sections 103, 104, and 110 of P.L.
102-227, P.L.
102-318, P.L.
14102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174, and
1513203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
16104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
17104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
18105-206, P.L.
105-277, P.L.
106-36, P.L.
106-170, P.L.
106-230, P.L.
106-554,
19excluding sections 162 and 165 of P.L.
106-554, P.L.
106-573, P.L.
107-15, P.L.
20107-16, excluding section 431 of P.L.
107-16, P.L.
107-22, P.L.
107-116, P.L.
21107-134, P.L.
107-147, excluding sections 101 and 301 (a) of P.L.
107-147, P.L.
22107-181, P.L.
107-210, P.L.
107-276, P.L.
107-358, P.L.
108-27, excluding sections
23106, 201, and 202 of P.L.
108-27, P.L.
108-121, P.L.
108-173, excluding section 1201
24of P.L.
108-173, P.L.
108-203, P.L.
108-218, P.L.
108-311, excluding sections 306,
25308, 316, 401, and 403 (a) of P.L.
108-311, P.L.
108-357, excluding sections 101, 102,
1201, 211, 242, 244, 336, 337, 422, 847, 909, and 910 of P.L.
108-357, P.L.
108-375,
2P.L.
108-476, P.L.
109-7, P.L.
109-58, excluding sections 1305, 1308, 1309, 1310,
31323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L.
109-58, P.L.
109-59,
4excluding section 11146 of P.L.
109-59, P.L.
109-73, excluding section 301 of P.L.
5109-73, P.L.
109-135, excluding sections 101, 105, 201 (a) as it relates to section
61400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L.
109-135, P.L.
109-151, P.L.
7109-222, excluding sections 101, 207, 503, and 513 of P.L.
109-222, P.L.
109-227,
8P.L.
109-280, sections 117, 406, 409, 410, 412, 417, 418, 424, and 425 of division A
9and section 403 of division C of P.L.
109-432, sections 8215, 8231, 8232, 8234, and
108236 of P.L.
110-28, P.L.
110-141, P.L.
110-142, excluding sections 2, 3, and 5 of P.L.
11110-142, P.L.
110-172, excluding sections 3 (b) and 11 (b), (e), and (g) of P.L.
110-172,
12P.L.
110-245, excluding section 301 of P.L.
110-245, sections 4, 15312, 15313, 15314,
1315316, and 15342 of P.L.
110-246, P.L.
110-289, excluding sections 3071, 3081, and
143082 of P.L.
110-289, P.L.
110-317, excluding section 9 (e) of P.L.
110-317, sections
15116, 208, 211, and 301 of division B and sections 313 and 504 of division C of P.L.
16110-343, P.L.
110-351, P.L.
110-458, sections 1261, 1262, 1401, 1402, 1521, 1522,
171531, and 1541 of division B of P.L.
111-5, P.L.
111-92, P.L.
111-147, excluding
18section 201 of P.L.
111-147, sections 1322, 1515, 9003, 9004, 9005, 9012, 9013, 9014,
199016, 9021, 9022, 10108, 10902, 10908, and 10909 of P.L.
111-148, sections 1403 and
201407 of P.L.
111-152, P.L.
111-192, section 1601 of P.L.
111-203, sections 215 and 217
21of P.L.
111-226, sections 2014, 2043, 2111, 2112, and 2113 of P.L.
111-240, P.L.
22111-325, section 1858 of P.L.
112-10, section 1108 of P.L.
112-95, sections 40211,
2340241, 40242, and 100121 of P.L.
112-141,
and sections 101 and 902 of P.L.
112-240,
24and P.L. 113-168, except that section 1366 (f) (relating to pass-through of items to
25shareholders) is modified by substituting the tax under s. 71.35 for the taxes under
1sections 1374 and 1375. The Internal Revenue Code applies for Wisconsin purposes
2at the same time as for federal purposes, except that changes made by P.L.
106-573,
3sections 9004, 9005, 9012, 9013, 9014, 9016, and 10902 of P.L.
111-148, sections 1403
4and 1407 of P.L.
111-152, section 1858 of P.L.
112-10, section 1108 of P.L.
112-95, and
5sections 40211, 40241, 40242, and 100121 of P.L.
112-141 do not apply for taxable
6years beginning before January 1, 2013. Amendments to the federal Internal
7Revenue Code enacted after December 31, 2010, do not apply to this paragraph with
8respect to taxable years beginning after December 31, 2010, except that changes to
9the Internal Revenue Code made by section 1858 of P.L.
112-10, section 1108 of P.L.
10112-95, and sections 40211, 40241, 40242, and 100121 of P.L.
112-141, and changes
11that indirectly affect the provisions applicable to this subchapter made by section
121858 of P.L.
112-10, section 1108 of P.L.
112-95, and sections 40211, 40241, 40242,
13and 100121 of P.L.
112-141, do not apply for taxable years beginning before January
141, 2013, and changes to the Internal Revenue Code made by sections 101 and 902 of
15P.L.
112-240 and by P.L. 113-168, and changes that indirectly affect the provisions
16applicable to this subchapter made by sections 101 and 902 of P.L.
112-240 and by
17P.L. 113-168, apply for Wisconsin purposes at the same time as for federal purposes.
SB21,2351
18Section
2351. 71.34 (1g) (j) of the statutes is created to read:
SB21,965,2219
71.34
(1g) (j) 1. For taxable years beginning after December 31, 2013, for tax
20option corporations, "Internal Revenue Code" means the federal Internal Revenue
21Code as amended to December 31, 2013, except as provided in subds. 2., 3., and 5. and
22subject to subd. 4.
SB21,966,1023
2. For purposes of this paragraph, "Internal Revenue Code" does not include
24the following provisions of federal public laws for taxable years beginning after
25December 31, 2013: section 13113 of P.L
103-66; sections 1, 3, 4, and 5 of P.L.
1106-519; sections 101, 102, and 422 of P.L
108-357; sections 1310 and 1351 of P.L.
2109-58; section 11146 of P.L.
109-59; section 403 (q) of P.L.
109-135; section 513 of
3P.L.
109-222; sections 104 and 307 of P.L.
109-432; sections 8233 and 8235 of P.L.
4110-28; section 11 (e) and (g) of P.L.
110-172; section 301 of P.L.
110-245; sections
515303 and 15351 of P.L.
110-246; section 302 of division A, section 401 of division B,
6and sections 312, 322, 502 (c), 707, and 801 of division C of P.L.
110-343; sections
71232, 1241, 1251, 1501, and 1502 of division B of P.L.
111-5; sections 211, 212, 213,
8214, and 216 of P.L.
111-226; sections 2011 and 2122 of P.L.
111-240' sections 753,
9754, and 760 of P.L.
111-312; section 1106 of P.L.
112-95; and sections 104, 318, 322,
10323, 324, 326, 327, and 411 of P.L.
112-240.
SB21,966,1411
3. For purposes of this paragraph, "Internal Revenue Code" does not include
12amendments to the federal Internal Revenue Code enacted after December 31, 2013,
13except that "Internal Revenue Code" includes the provisions of the following federal
14public laws:
SB21,966,2018
4. For purposes of this paragraph, the provisions of federal public laws that
19directly or indirectly affect the Internal Revenue Code, as defined in this paragraph,
20apply for Wisconsin purposes at the same time as for federal purposes.
SB21,966,24215. For purposes of this paragraph, section
1366 (f) of the Internal Revenue Code
22(relating to pass-through of items to shareholders) is modified by substituting the
23tax under s. 71.35 for the taxes under sections
1374 and
1375 of the Internal Revenue
24Code.
SB21,2352
25Section
2352. 71.34 (1k) (g) of the statutes is amended to read:
SB21,967,4
171.34
(1k) (g) An addition shall be made for credits computed by a tax-option
2corporation under s. 71.28
(1dd), (1de), (1di), (1dj), (1dL), (1dm),
(1ds), (1dx), (1dy),
3(3), (3g), (3h), (3n), (3p), (3q), (3r), (3rm), (3rn), (3t), (3w),
(3y), (4), (5), (5e), (5f), (5g),
4(5h), (5i), (5j), (5k), (5r), (5rm), (6n), and (8r) and passed through to shareholders.
SB21,2353
5Section
2353. 71.36 (1m) (b) 2. of the statutes is amended to read:
SB21,967,166
71.36
(1m) (b) 2. Interest on obligations issued under s. 66.0304 by a
7commission if the bonds or notes are used to fund multifamily affordable housing
8projects or elderly housing projects in this state, and the
Forward Wisconsin
Housing
9and Economic Development Authority has the authority to issue its bonds or notes
10for the project being funded, or if the bonds or notes are used by a health facility, as
11defined in s. 231.01 (5), to fund the acquisition of information technology hardware
12or software, in this state, and the Wisconsin Health and Educational Facilities
13Authority has the authority to issue its bonds or notes for the project being funded,
14or if the bonds or notes are issued to fund a redevelopment project in this state or a
15housing project in this state, and the authority exists for bonds or notes to be issued
16by an entity described under s. 66.1201, 66.1333, or 66.1335.
SB21,2354
17Section
2354. 71.36 (1m) (b) 5. of the statutes is amended to read:
SB21,967,2018
71.36
(1m) (b) 5. Interest on obligations issued under s. 234.65
, 2013 stats., to
19fund an economic development loan to finance construction, renovation or
20development of property that would be exempt under s. 70.11 (36).
SB21,2355
21Section
2355. 71.36 (1m) (b) 7. of the statutes is created to read:
SB21,967,2222
71.36
(1m) (b) 7. Interest on obligations issued under s. 16.527 (3) (d).
SB21,2356
23Section
2356. 71.36 (1m) (b) 8. of the statutes is created to read:
SB21,968,3
171.36
(1m) (b) 8. Interest on obligations issued by a local unit under one of the
2provisions specified in s. 229.863 (3) to assist a local sports and entertainment
3district created under subch. VI of ch. 229.
SB21,2357
4Section
2357. 71.42 (2) (a) of the statutes is repealed.
SB21,2358
5Section
2358. 71.42 (2) (g) of the statutes is amended to read:
SB21,970,186
71.42
(2) (g) For taxable years that begin after December 31, 2008, and before
7January 1, 2011, "Internal Revenue Code" means the federal Internal Revenue Code
8as amended to December 31, 2008, excluding sections 103, 104, and 110 of P.L.
9102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66,
10sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, sections 1, 3,
114, and 5 of P.L.
106-519, sections 162 and 165 of P.L.
106-554, P.L.
106-573, section
12431 of P.L.
107-16, sections 101 and 301 (a) of P.L.
107-147, sections 106, 201, and
13202 of P.L.
108-27, section 1201 of P.L.
108-173, sections 306, 308, 316, 401, and 403
14(a) of P.L.
108-311, sections 101, 102, 201, 211, 242, 244, 336, 337, 422, 847, 909, and
15910 of P.L.
108-357, P.L.
109-1, sections 1305, 1308, 1309, 1310, 1323, 1324, 1325,
161326, 1328, 1329, 1348, and 1351 of P.L.
109-58, section 11146 of P.L.
109-59, section
17301 of P.L.
109-73, sections 101, 105, 201 (a) as it relates to section 1400S (a), 402
18(e), 403 (e), (j), and (q), and 405 of P.L.
109-135, sections 101, 207, 209, 503, and 513
19of P.L.
109-222, P.L.
109-432, P.L.
110-28, P.L.
110-140, P.L.
110-141, P.L.
110-142,
20P.L.
110-166, P.L.
110-172, P.L.
110-185, P.L.
110-234, sections 110, 113, and 301 of
21P.L.
110-245, P.L.
110-246, except section 15316 of P.L.
110-246, P.L.
110-289,
22except section 3093 of P.L.
110-289, P.L.
110-317, and P.L.
110-343, except section
23301 of division B and section 313 of division C of P.L.
110-343, and as amended by
24sections 1261, 1262, 1401, 1402, 1521, 1522, 1531, and 1541 of division B of P.L.
25111-5, section 301 of P.L.
111-147, P.L.
111-192, section 1601 of P.L.
111-203, section
1215 of P.L.
111-226, section 2112 of P.L.
111-240,
and P.L.
111-325,
and P.L. 113-168, 2and as indirectly affected by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73,
3P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding
4sections 103, 104, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66,
5excluding sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66,
6P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188, excluding
7sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
104-191,
8P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277,
9P.L.
106-36, P.L.
106-170, P.L.
106-230, P.L.
106-554, excluding sections 162 and
10165 of P.L.
106-554, P.L.
107-15, P.L.
107-16, excluding section 431 of P.L.
107-16,
11P.L.
107-22, P.L.
107-116, P.L.
107-134, P.L.
107-147, excluding sections 101 and
12301 (a) of P.L.
107-147, P.L.
107-181, P.L.
107-210, P.L.
107-276, P.L.
107-358, P.L.
13108-27, excluding sections 106, 201, and 202 of P.L.
108-27, P.L.
108-121, P.L.
14108-173, excluding section 1201 of P.L.
108-173, P.L.
108-203, P.L.
108-218, P.L.
15108-311, excluding sections 306, 308, 316, 401, and 403 (a) of P.L.
108-311, P.L.
16108-357, excluding sections 101, 102, 201, 211, 242, 244, 336, 337, 422, 847, 909, and
17910 of P.L.
108-357, P.L.
108-375, P.L.
108-476, P.L.
109-7, P.L.
109-58, excluding
18sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351
19of P.L.
109-58, P.L.
109-59, excluding section 11146 of P.L.
109-59, P.L.
109-73,
20excluding section 301 of P.L.
109-73, P.L.
109-135, excluding sections 101, 105, 201
21(a) as it relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L.
22109-135, P.L.
109-151, P.L.
109-222, excluding sections 101, 207, 209, 503, and 513
23of P.L.
109-222, P.L.
109-227, P.L.
109-280, P.L.
110-245, excluding sections 110,
24113, and 301 of P.L.
110-245, section 15316 of P.L.
110-246, section 3093 of P.L.
25110-289, section 301 of division B and section 313 of division C of P.L.
110-343, P.L.
1110-351, P.L.
110-458, 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 P.L. 113-168, except that "Internal Revenue Code" does not include
5section 847 of the federal Internal Revenue Code. The Internal Revenue Code
6applies for Wisconsin purposes at the same time as for federal purposes.
7Amendments to the federal Internal Revenue Code enacted after December 31, 2008,
8do not apply to this paragraph with respect to taxable years beginning after
9December 31, 2008, and before January 1, 2011, except that changes to the Internal
10Revenue Code made by sections 1261, 1262, 1401, 1402, 1521, 1522, 1531, and 1541
11of division B of P.L.
111-5, section 301 of P.L.
111-147, P.L.
111-192, section 1601 of
12P.L.
111-203, section 215 of P.L.
111-226, section 2112 of P.L.
111-240,
and P.L.
13111-325,
and P.L. 113-168, and changes that indirectly affect the provisions
14applicable to this subchapter made by sections 1261, 1262, 1401, 1402, 1521, 1522,
151531, and 1541 of division B of P.L.
111-5, section 301 of P.L.
111-147, P.L.
111-192,
16section 1601 of P.L.
111-203, section 215 of P.L.
111-226, section 2112 of P.L.
111-240,
17and P.L.
111-325,
and P.L. 113-168, apply for Wisconsin purposes at the same time
18as for federal purposes.
SB21,2359
19Section
2359. 71.42 (2) (h) of the statutes is amended to read:
SB21,974,320
71.42
(2) (h) For taxable years that begin after December 31, 2010, and before
21January 1, 2013, "Internal Revenue Code" means the federal Internal Revenue Code
22as amended to December 31, 2010, excluding sections 103, 104, and 110 of P.L.
23102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66,
24sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, sections 1, 3,
254, and 5 of P.L.
106-519, sections 162 and 165 of P.L.
106-554, P.L.
106-573, section
1431 of P.L.
107-16, sections 101 and 301 (a) of P.L.
107-147, sections 106, 201, and
2202 of P.L.
108-27, section 1201 of P.L.
108-173, sections 306, 308, 316, 401, and 403
3(a) of P.L.
108-311, sections 101, 102, 201, 211, 242, 244, 336, 337, 422, 847, 909, and
4910 of P.L.
108-357, P.L.
109-1, sections 1305, 1308, 1309, 1310, 1323, 1324, 1325,
51326, 1328, 1329, 1348, and 1351 of P.L.
109-58, section 11146 of P.L.
109-59, section
6301 of P.L.
109-73, sections 101, 105, 201 (a) as it relates to section 1400S (a), 402
7(e), 403 (e), (j), and (q), and 405 of P.L.
109-135, sections 101, 207, 503, and 513 of P.L.
8109-222, P.L.
109-432, except sections 117, 406, 409, 410, 412, 417, 418, 424, and 425
9of division A and section 403 of division C of P.L.
109-432, P.L.
110-28, except
10sections 8215, 8231, 8232, 8234, and 8236 of P.L.
110-28, P.L.
110-140, sections 2,
113, and 5 of P.L.
110-142, P.L.
110-166, sections 3 (b) and 11 (b), (e), and (g) of P.L.
12110-172, P.L.
110-185, P.L.
110-234, section 301 of P.L.
110-245, P.L.
110-246,
13except sections 4, 15312, 15313, 15314, 15316, and 15342 of P.L.
110-246, sections
143071, 3081, and 3082 of P.L.
110-289, section 9 (e) of P.L.
110-317, P.L.
110-343,
15except sections 116, 208, 211, and 301 of division B and sections 313 and 504 of
16division C of P.L.
110-343, P.L.
111-5, except sections 1261, 1262, 1401, 1402, 1521,
171522, 1531, and 1541 of division B of P.L.
111-5, section 201 of P.L.
111-147, P.L.
18111-148, except sections 1322, 1515, 9003, 9021, 9022, 10108, 10908, and 10909 of
19P.L.
111-148, P.L.
111-152, except section 1407 of P.L.
111-152, P.L.
111-203, except
20section 1601 of P.L.
111-203, P.L.
111-226, except sections 215 and 217 of P.L.
21111-226, P.L.
111-240, except sections 2014, 2043, 2111, 2112, and 2113 of P.L.
22111-240, and P.L.
111-312, and as amended by section 902 of P.L.
112-240 and by P.L.
23113-168, and as indirectly affected by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
24101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227,
25excluding sections 103, 104, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
1103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
2103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188,
3excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
4104-191, P.L.
104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
5105-277, P.L.
106-36, P.L.
106-170, P.L.
106-230, P.L.
106-554, excluding sections
6162 and 165 of P.L.
106-554, P.L.
107-15, P.L.
107-16, excluding section 431 of P.L.
7107-16, P.L.
107-22, P.L.
107-116, P.L.
107-134, P.L.
107-147, excluding sections
8101 and 301 (a) of P.L.
107-147, P.L.
107-181, P.L.
107-210, P.L.
107-276, P.L.
9107-358, P.L.
108-27, excluding sections 106, 201, and 202 of P.L.
108-27, P.L.
10108-121, P.L.
108-173, excluding section 1201 of P.L.
108-173, P.L.
108-203, P.L.
11108-218, P.L.
108-311, excluding sections 306, 308, 316, 401, and 403 (a) of P.L.
12108-311, P.L.
108-357, excluding sections 101, 102, 201, 211, 242, 244, 336, 337, 422,
13847, 909, and 910 of P.L.
108-357, P.L.
108-375, P.L.
108-476, P.L.
109-7, P.L.
14109-58, excluding sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328,
151329, 1348, and 1351 of P.L.
109-58, P.L.
109-59, excluding section 11146 of P.L.
16109-59, P.L.
109-73, excluding section 301 of P.L.
109-73, P.L.
109-135, excluding
17sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e), (j), and
18(q), and 405 of P.L.
109-135, P.L.
109-151, P.L.
109-222, excluding sections 101, 207,
19503, and 513 of P.L.
109-222, P.L.
109-227, P.L.
109-280, sections 117, 406, 409, 410,
20412, 417, 418, 424, and 425 of division A and section 403 of division C of P.L.
109-432,
21sections 8215, 8231, 8232, 8234, and 8236 of P.L.
110-28, P.L.
110-141, P.L.
110-142,
22excluding sections 2, 3, and 5 of P.L.
110-142, P.L.
110-172, excluding sections 3 (b)
23and 11 (b), (e), and (g) of P.L.
110-172, P.L.
110-245, excluding section 301 of P.L.
24110-245, sections 4, 15312, 15313, 15314, 15316, and 15342 of P.L.
110-246, P.L.
25110-289, excluding sections 3071, 3081, and 3082 of P.L.
110-289, P.L.
110-317,
1excluding section 9 (e) of P.L.
110-317, sections 116, 208, 211, and 301 of division B
2and sections 313 and 504 of division C of P.L.
110-343, P.L.
110-351, P.L.
110-458,
3sections 1261, 1262, 1401, 1402, 1521, 1522, 1531, and 1541 of division B of P.L.
4111-5, P.L.
111-92, P.L.
111-147, excluding section 201 of P.L.
111-147, sections
51322, 1515, 9003, 9021, 9022, 10108, 10908, and 10909 of P.L.
111-148, section 1407
6of P.L.
111-152, P.L.
111-192, section 1601 of P.L.
111-203, sections 215 and 217 of
7P.L.
111-226, sections 2014, 2043, 2111, 2112, and 2113 of P.L.
111-240, P.L.
111-325,
8and section 902 of P.L.
112-240,
and P.L. 113-168, except that "Internal Revenue
9Code" does not include section 847 of the federal Internal Revenue Code. The
10Internal Revenue Code applies for Wisconsin purposes at the same time as for federal
11purposes, except that changes made by section 209 of P.L.
109-222, sections 117, 406,
12409, 410, 412, 417, 418, 424, and 425 of division A and section 403 of division C of P.L.
13109-432, sections 8215, 8231, 8232, 8234, and 8236 of P.L.
110-28, P.L.
110-141, P.L.
14110-142, excluding sections 2, 3, and 5 of P.L.
110-142, P.L.
110-172, excluding
15sections 3 (b) and 11 (b), (e), and (g) of P.L.
110-172, sections 110 and 113 of P.L.
16110-245, sections 15312, 15313, 15314, and 15342 of P.L.
110-246, sections 3031,
173032, 3033, 3041, 3051, 3052, 3061, and 3092 of P.L.
110-289, P.L.
110-317,
18excluding section 9 (e) of P.L.
110-317, sections 116, 208, and 211 of division B and
19section 504 of division C of P.L.
110-343, section 14 of P.L.
111-92, sections 531, 532,
20and 533 of P.L.
111-147, sections 10908 and 10909 of P.L.
111-148, and section 2043
21of P.L.
111-240 do not apply for taxable years beginning before January 1, 2011.
22Amendments to the federal Internal Revenue Code enacted after December 31, 2010,
23do not apply to this paragraph with respect to taxable years beginning after
24December 31, 2010, and before January 1, 2013, except that changes to the Internal
25Revenue Code made by section 902 of P.L.
112-240 and by P.L. 113-168, and changes
1that indirectly affect the provisions applicable to this subchapter made by section
2902 of P.L.
112-240 and by P.L. 113-168, apply for Wisconsin purposes at the same
3time as for federal purposes.
SB21,2360
4Section
2360. 71.42 (2) (i) of the statutes is amended to read:
SB21,977,155
71.42
(2) (i) For taxable years that begin after December 31, 2012,
and before
6January 1, 2014, "Internal Revenue Code" means the federal Internal Revenue Code
7as amended to December 31, 2010, excluding sections 103, 104, and 110 of P.L.
8102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66,
9sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, sections 1, 3,
104, and 5 of P.L.
106-519, sections 162 and 165 of P.L.
106-554, section 431 of P.L.
11107-16, sections 101 and 301 (a) of P.L.
107-147, sections 106, 201, and 202 of P.L.
12108-27, section 1201 of P.L.
108-173, sections 306, 308, 316, 401, and 403 (a) of P.L.
13108-311, sections 101, 102, 201, 211, 242, 244, 336, 337, 422, 847, 909, and 910 of P.L.
14108-357, P.L.
109-1, sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328,
151329, 1348, and 1351 of P.L.
109-58, section 11146 of P.L.
109-59, section 301 of P.L.
16109-73, sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e),
17(j), and (q), and 405 of P.L.
109-135, sections 101, 207, 503, and 513 of P.L.
109-222,
18P.L.
109-432, except sections 117, 406, 409, 410, 412, 417, 418, 424, and 425 of
19division A and section 403 of division C of P.L.
109-432, P.L.
110-28, except sections
208215, 8231, 8232, 8234, and 8236 of P.L.
110-28, P.L.
110-140, sections 2, 3, and 5
21of P.L.
110-142, P.L.
110-166, sections 3 (b) and 11 (b), (e), and (g) of P.L.
110-172,
22P.L.
110-185, P.L.
110-234, section 301 of P.L.
110-245, P.L.
110-246, except sections
234, 15312, 15313, 15314, 15316, and 15342 of P.L.
110-246, sections 3071, 3081, and
243082 of P.L.
110-289, section 9 (e) of P.L.
110-317, P.L.
110-343, except sections 116,
25208, 211, and 301 of division B and sections 313 and 504 of division C of P.L.
110-343,
1P.L.
111-5, except sections 1261, 1262, 1401, 1402, 1521, 1522, 1531, and 1541 of
2division B of P.L.
111-5, section 201 of P.L.
111-147, P.L.
111-148, except sections
31322, 1515, 9003, 9004, 9005, 9012, 9013, 9014, 9016, 9021, 9022, 10108, 10902,
410908, and 10909 of P.L.
111-148, P.L.
111-152, except sections 1403 and 1407 of P.L.
5111-152, P.L.
111-203, except section 1601 of P.L.
111-203, P.L.
111-226, except
6sections 215 and 217 of P.L.
111-226, P.L.
111-240, except sections 2014, 2043, 2111,
72112, and 2113 of P.L.
111-240, and P.L.
111-312, and as amended by section 1858
8of P.L.
112-10, section 1108 of P.L.
112-95, sections 40211, 40241, 40242, and 100121
9of P.L.
112-141,
and sections 101 and 902 of P.L.
112-240,
and P.L. 113-168, and as
10indirectly affected by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
11101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections
12103, 104, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding
13sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, P.L.
14103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188, excluding sections
151123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
16104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
17106-36, P.L.
106-170, P.L.
106-230, P.L.
106-554, excluding sections 162 and 165 of
18P.L.
106-554, P.L.
106-573, P.L.
107-15, P.L.
107-16, excluding section 431 of P.L.
19107-16, P.L.
107-22, P.L.
107-116, P.L.
107-134, P.L.
107-147, excluding sections
20101 and 301 (a) of P.L.
107-147, P.L.
107-181, P.L.
107-210, P.L.
107-276, P.L.
21107-358, P.L.
108-27, excluding sections 106, 201, and 202 of P.L.
108-27, P.L.
22108-121, P.L.
108-173, excluding section 1201 of P.L.
108-173, P.L.
108-203, P.L.
23108-218, P.L.
108-311, excluding sections 306, 308, 316, 401, and 403 (a) of P.L.
24108-311, P.L.
108-357, excluding sections 101, 102, 201, 211, 242, 244, 336, 337, 422,
25847, 909, and 910 of P.L.
108-357, P.L.
108-375, P.L.
108-476, P.L.
109-7, P.L.
1109-58, excluding sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328,
21329, 1348, and 1351 of P.L.
109-58, P.L.
109-59, excluding section 11146 of P.L.
3109-59, P.L.
109-73, excluding section 301 of P.L.
109-73, P.L.
109-135, excluding
4sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e), (j), and
5(q), and 405 of P.L.
109-135, P.L.
109-151, P.L.
109-222, excluding sections 101, 207,
6503, and 513 of P.L.
109-222, P.L.
109-227, P.L.
109-280, sections 117, 406, 409, 410,
7412, 417, 418, 424, and 425 of division A and section 403 of division C of P.L.
109-432,
8sections 8215, 8231, 8232, 8234, and 8236 of P.L.
110-28, P.L.
110-141, P.L.
110-142,
9excluding sections 2, 3, and 5 of P.L.
110-142, P.L.
110-172, excluding sections 3 (b)
10and 11 (b), (e), and (g) of P.L.
110-172, P.L.
110-245, excluding section 301 of P.L.
11110-245, sections 4, 15312, 15313, 15314, 15316, and 15342 of P.L.
110-246, P.L.
12110-289, excluding sections 3071, 3081, and 3082 of P.L.
110-289, P.L.
110-317,
13excluding section 9 (e) of P.L.
110-317, sections 116, 208, 211, and 301 of division B
14and sections 313 and 504 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, P.L.
111-92, P.L.
111-147, excluding section 201 of P.L.
111-147, sections
171322, 1515, 9003, 9004, 9005, 9012, 9013, 9014, 9016, 9021, 9022, 10108, 10902,
1810908, and 10909 of P.L.
111-148, sections 1403 and 1407 of P.L.
111-152, P.L.
19111-192, section 1601 of P.L.
111-203, sections 215 and 217 of P.L.
111-226, sections
202014, 2043, 2111, 2112, and 2113 of P.L.
111-240, P.L.
111-325, section 1858 of P.L.
21112-10, section 1108 of P.L.
112-95, sections 40211, 40241, 40242, and 100121 of P.L.
22112-141,
and sections 101 and 902 of P.L.
112-240,
and P.L. 113-168, except that
23"Internal Revenue Code" does not include section 847 of the federal Internal Revenue
24Code. The Internal Revenue Code applies for Wisconsin purposes at the same time
25as for federal purposes, except that changes made by P.L.
106-573, sections 9004,
19005, 9012, 9013, 9014, 9016, and 10902 of P.L.
111-148, sections 1403 and 1407 of
2P.L.
111-152, section 1858 of P.L.
112-10, section 1108 of P.L.
112-95, and sections
340211, 40241, 40242, and 100121 of P.L.
112-141 do not apply for taxable years
4beginning before January 1, 2013. Amendments to the federal Internal Revenue
5Code enacted after December 31, 2010, do not apply to this paragraph with respect
6to taxable years beginning after December 31, 2010, except that changes to the
7Internal Revenue Code made by section 1858 of P.L.
112-10, section 1108 of P.L.
8112-95, and sections 40211, 40241, 40242, and 100121 of P.L.
112-141, and changes
9that indirectly affect the provisions applicable to this subchapter made by section
101858 of P.L.
112-10, section 1108 of P.L.
112-95, and sections 40211, 40241, 40242,
11and 100121 of P.L.
112-141, do not apply for taxable years beginning before January
121, 2013, and changes to the Internal Revenue Code made by sections 101 and 902 of
13P.L.
112-240 and by P.L. 113-168, and changes that indirectly affect the provisions
14applicable to this subchapter made by sections 101 and 902 of P.L.
112-240 and by
15P.L. 113-168, apply for Wisconsin purposes at the same time as for federal purposes.
SB21,2361
16Section
2361. 71.42 (2) (j) of the statutes is created to read:
SB21,977,1917
71.42
(2) (j) 1. For taxable years beginning after December 31, 2013, "Internal
18Revenue Code" means the federal Internal Revenue Code as amended to December
1931, 2013, except as provided in subds. 2. to 4. and subject to subd. 5.
SB21,978,720
2. For purposes of this paragraph, "Internal Revenue Code" does not include
21the following provisions of federal public laws for taxable years beginning after
22December 31, 2013: section 13113 of P.L
103-66; sections 1, 3, 4, and 5 of P.L.
23106-519; sections 101, 102, and 422 of P.L
108-357; sections 1310 and 1351 of P.L.
24109-58; section 11146 of P.L.
109-59; section 403 (q) of P.L.
109-135; section 513 of
25P.L.
109-222; sections 104 and 307 of P.L.
109-432; sections 8233 and 8235 of P.L.
1110-28; section 11 (e) and (g) of P.L.
110-172; section 301 of P.L.
110-245; sections
215303 and 15351 of P.L.
110-246; section 302 of division A, section 401 of division B,
3and sections 312, 322, 502 (c), 707, and 801 of division C of P.L.
110-343; sections
41232, 1241, 1251, 1501, and 1502 of division B of P.L.
111-5; sections 211, 212, 213,
5214, and 216 of P.L.
111-226; sections 2011 and 2122 of P.L.
111-240; sections 753,
6754, and 760 of P.L.
111-312; section 1106 of P.L.
112-95; and sections 104, 318, 322,
7323, 324, 326, 327, and 411 of P.L.
112-240.
SB21,978,118
3. For purposes of this paragraph, "Internal Revenue Code" does not include
9amendments to the federal Internal Revenue Code enacted after December 31, 2013,
10except that "Internal Revenue Code" includes the provisions of the following federal
11public laws:
SB21,978,1615
4. For purposes of this paragraph, "Internal Revenue Code" does not include
16section 847 of the federal Internal Revenue Code.
SB21,978,1917
5. For purposes of this paragraph, the provisions of federal public laws that
18directly or indirectly affect the Internal Revenue Code, as defined in this paragraph,
19apply for Wisconsin purposes at the same time as for federal purposes.
SB21,2362
20Section
2362. 71.45 (1t) (e) of the statutes is amended to read:
SB21,978,2321
71.45
(1t) (e) Those issued under s. 234.65
, 2013 stats., to fund an economic
22development loan to finance construction, renovation or development of property
23that would be exempt under s. 70.11 (36).
SB21,2363
24Section
2363. 71.45 (1t) (em) of the statutes is amended to read:
SB21,979,4
171.45
(1t) (em) Those issued under s. 234.08
, 2013 stats., or
s. 234.61
, 2013
2stats., on or after January 1, 2004,
or the Forward Wisconsin Development Authority
3under s. 235.609 or 235.61, if the obligations are issued to fund multifamily
4affordable housing projects or elderly housing projects.
SB21,2364
5Section
2364. 71.45 (1t) (k) 1. of the statutes is amended to read:
SB21,979,96
71.45
(1t) (k) 1. The bonds or notes are used to fund multifamily affordable
7housing projects or elderly housing projects in this state, and the
Forward Wisconsin
8Housing and Economic Development Authority has the authority to issue its bonds
9or notes for the project being funded.
SB21,2365
10Section
2365. 71.45 (1t) (m) of the statutes is amended to read:
SB21,979,1311
71.45
(1t) (m) Those issued by the
Forward Wisconsin
Housing and Economic 12Development Authority to provide loans to a public affairs network under s. 234.75
13(4)
, 2013 stats., or s. 235.75 (4).
SB21,2366
14Section
2366. 71.45 (1t) (n) of the statutes is created to read:
SB21,979,1615
71.45
(1t) (n) 1. Those issued by the state under s. 16.527 (3) (d) to assist a local
16sports and entertainment district created under subch. VI of ch. 229.
SB21,979,1917
2. Those issued under one of the provisions specified in s. 229.863 (3) by a local
18unit, as defined in s. 229.858 (4), to assist a local sports and entertainment district
19created under subch. VI of ch. 229.
SB21,2367
20Section
2367. 71.45 (2) (a) 10. of the statutes is amended to read:
SB21,980,221
71.45
(2) (a) 10. By adding to federal taxable income the amount of credit
22computed under s. 71.47
(1dd) (1dm) to (1dy), (3g), (3h), (3n), (3p), (3q), (3r), (3rm),
23(3rn), (3w),
(3y), (5e), (5f), (5g), (5h), (5i), (5j), (5k), (5r), (5rm), (6n), (8r), and (9s) and
24not passed through by a partnership, limited liability company, or tax-option
25corporation that has added that amount to the partnership's, limited liability
1company's, or tax-option corporation's income under s. 71.21 (4) or 71.34 (1k) (g) and
2the amount of credit computed under s. 71.47 (1), (3), (3t), (4), (4m), and (5).
SB21,2368
3Section
2368. 71.45 (2) (a) 11. of the statutes is repealed.
SB21,2369
4Section
2369. 71.47 (1) (a) of the statutes is amended to read:
SB21,980,155
71.47
(1) (a) Any corporation which contributes an amount to the community
6development finance authority under s. 233.03, 1985 stats., or to the housing and
7economic development authority under s. 234.03 (32)
, 2013 stats., or to the Forward
8Wisconsin Development Authority on behalf of the community development finance
9company under s. 235.95 and in the same year purchases common stock or
10partnership interests of the community development finance company issued under
11s. 233.05 (2), 1985 stats., or s. 234.95 (2)
, 2013 stats., or s. 235.95 (2) in an amount
12no greater than the contribution to the authority, may credit against taxes otherwise
13due an amount equal to 75% of the purchase price of the stock or partnership
14interests. The credit received under this paragraph may not exceed 75% of the
15contribution
to the community development finance authority.
SB21,2370
16Section
2370. 71.47 (1dd) of the statutes is repealed.
SB21,2371
17Section
2371. 71.47 (1de) of the statutes is repealed.
SB21,2372
18Section
2372. 71.47 (1di) of the statutes is repealed.
SB21,2373
19Section
2373. 71.47 (1dj) of the statutes is repealed.
SB21,2374
20Section
2374. 71.47 (1dL) of the statutes is repealed.
SB21,2375
21Section
2375. 71.47 (1dm) (a) 1. of the statutes is amended to read:
SB21,981,222
71.47
(1dm) (a) 1. "Certified" means entitled under
s. 235.395 (3) (a) 4. or s.
23238.395 (3) (a) 4.
, 2013 stats., or s. 560.795 (3) (a) 4., 2009 stats., to claim tax benefits
24or certified under
s. 235.395 (5), 235.398 (3), or 235.3995 (4) or s. 238.395 (5),
2013
1stats., s. 238.398 (3)
, 2013 stats., or
s. 238.3995 (4)
, 2013 stats., or s. 560.795 (5), 2009
2stats., s. 560.798 (3), 2009 stats., or s. 560.7995 (4), 2009 stats.
SB21,2376
3Section
2376. 71.47 (1dm) (a) 3. of the statutes is amended to read:
SB21,981,84
71.47
(1dm) (a) 3. "Development zone" means a development opportunity zone
5under
s. 235.395 (1) (e) and (f) or 235.398 or s. 238.395 (1) (e) and (f)
, 2013 stats., or
6s. 238.398
, 2013 stats. or s. 560.795 (1) (e) and (f), 2009 stats., or s. 560.798, 2009
7stats., or an airport development zone under
s. 235.3995 or s. 238.3995
, 2013 stats., 8or s. 560.7995, 2009 stats.
SB21,2377
9Section
2377. 71.47 (1dm) (a) 4. of the statutes is amended to read:
SB21,981,1910
71.47
(1dm) (a) 4. "Previously owned property" means real property that the
11claimant or a related person owned during the 2 years prior to the department of
12commerce or the Wisconsin Economic Development Corporation
or the Forward
13Wisconsin Development Authority designating the place where the property is
14located as a development zone and for which the claimant may not deduct a loss from
15the sale of the property to, or an exchange of the property with, the related person
16under section
267 of the Internal Revenue Code, except that section
267 (b) of the
17Internal Revenue Code is modified so that if the claimant owns any part of the
18property, rather than 50% ownership, the claimant is subject to section
267 (a) (1) of
19the Internal Revenue Code for purposes of this subsection.
SB21,2378
20Section
2378. 71.47 (1dm) (f) 1. of the statutes is amended to read:
SB21,981,2521
71.47
(1dm) (f) 1. A copy of the verification that the claimant may claim tax
22benefits under
s. 235.395 (3) (a) 4. or s. 238.395 (3) (a) 4.
, 2013 stats., or s. 560.795
23(3) (a) 4., 2009 stats., or is certified under
s. 235.395 (5), 235.398 (3), or 235.3995 (4)
24or s. 238.395 (5),
2013 stats., s. 238.398 (3)
, 2013 stats., or
s. 238.3995 (4)
, 2013 stats., 25or s. 560.795 (5), 2009 stats., s. 560.798 (3), 2009 stats., or s. 560.7995 (4), 2009 stats.
SB21,2379
1Section
2379. 71.47 (1dm) (f) 2. of the statutes is amended to read:
SB21,982,52
71.47
(1dm) (f) 2. A statement from the department of commerce or the
3Wisconsin Economic Development Corporation
or the Forward Wisconsin
4Development Authority verifying the purchase price of the investment and verifying
5that the investment fulfills the requirements under par. (b).
SB21,2380
6Section
2380. 71.47 (1dm) (i) of the statutes is amended to read:
SB21,982,217
71.47
(1dm) (i) Partnerships, limited liability companies, and tax-option
8corporations may not claim the credit under this subsection, but the eligibility for,
9and the amount of, that credit shall be determined on the basis of their economic
10activity, not that of their shareholders, partners, or members. The corporation,
11partnership, or limited liability company shall compute the amount of credit that
12may be claimed by each of its shareholders, partners, or members and provide that
13information to its shareholders, partners, or members. Partners, members of limited
14liability companies, and shareholders of tax-option corporations may claim the
15credit based on the partnership's, company's, or corporation's activities in proportion
16to their ownership interest and may offset it against the tax attributable to their
17income from the partnership's, company's, or corporation's business operations in the
18development zone; except that partners, members, and shareholders in a
19development zone under
s. 235.395 (1) (e) or s. 238.395 (1) (e)
, 2013 stats., or s.
20560.795 (1) (e), 2009 stats., may offset the credit against the amount of the tax
21attributable to their income.
SB21,2381
22Section
2381. 71.47 (1dm) (j) of the statutes is amended to read:
SB21,983,1023
71.47
(1dm) (j) If a person who is entitled under
s. 235.395 (3) (a) 4. or s. 238.395
24(3) (a) 4.
, 2013 stats., or s. 560.795 (3) (a) 4., 2009 stats., to claim tax benefits becomes
25ineligible for such tax benefits, or if a person's certification under
s. 235.395 (5),
1235.398 (3), or 235.3995 (4) or s. 238.395 (5),
2013 stats., s. 238.398 (3)
, 2013 stats.,
2or
s. 238.3995 (4)
, 2013 stats., or s. 560.795 (5), 2009 stats., s. 560.798 (3), 2009 stats.,
3or s. 560.7995 (4), 2009 stats., is revoked, that person may claim no credits under this
4subsection for the taxable year that includes the day on which the person becomes
5ineligible for tax benefits, the taxable year that includes the day on which the
6certification is revoked, or succeeding taxable years, and that person may carry over
7no unused credits from previous years to offset tax under this chapter for the taxable
8year that includes the day on which the person becomes ineligible for tax benefits,
9the taxable year that includes the day on which the certification is revoked, or
10succeeding taxable years.
SB21,2382
11Section
2382. 71.47 (1dm) (k) of the statutes is amended to read:
SB21,983,2012
71.47
(1dm) (k) If a person who is entitled under
s. 235.395 (3) (a) 4. or s.
13238.395 (3) (a) 4.
, 2013 stats., or s. 560.795 (3) (a) 4., 2009 stats., to claim tax benefits
14or certified under
s. 235.395 (5), 235.398 (3), or 235.3995 (4) or s. 238.395 (5),
2013
15stats., s. 238.398 (3)
, 2013 stats., or
s. 238.3995 (4)
, 2013 stats., or s. 560.795 (5), 2009
16stats., s. 560.798 (3), 2009 stats., or s. 560.7995 (4), 2009 stats., ceases business
17operations in the development zone during any of the taxable years that that zone
18exists, that person may not carry over to any taxable year following the year during
19which operations cease any unused credits from the taxable year during which
20operations cease or from previous taxable years.
SB21,2383
21Section
2383. 71.47 (1dr) of the statutes is repealed.
SB21,2384
22Section
2384. 71.47 (1ds) of the statutes is repealed.
SB21,2385
23Section
2385. 71.47 (1dx) (a) 2. of the statutes is amended to read:
SB21,984,524
71.47
(1dx) (a) 2. "Development zone" means a development zone under
s.
25235.30 or s. 238.30
, 2013 stats., or s. 560.70, 2009 stats., a development opportunity
1zone under
s. 235.395 or s. 238.395
, 2013 stats., or s. 560.795, 2009 stats., or an
2enterprise development zone under
s. 235.397 or s. 238.397
, 2013 stats., or s.
3560.797, 2009 stats., an agricultural development zone under
s. 235.398 or s.
4238.398
, 2013 stats., or s. 560.798, 2009 stats., or an airport development zone under
5s. 235.3995 or s. 238.3995
, 2013 stats., or s. 560.7995, 2009 stats.
SB21,2386
6Section
2386. 71.47 (1dx) (a) 3. of the statutes is amended to read:
SB21,984,137
71.47
(1dx) (a) 3. "Environmental remediation" means removal or
8containment of environmental pollution, as defined in s. 299.01 (4), and restoration
9of soil or groundwater that is affected by environmental pollution, as defined in s.
10299.01 (4), in a brownfield if that removal, containment or restoration fulfills the
11requirement under sub. (1de) (a) 1.
, 2013 stats., and investigation unless the
12investigation determines that remediation is required and that remediation is not
13undertaken.
SB21,2387
14Section
2387. 71.47 (1dx) (a) 4. of the statutes is amended to read:
