SB468,273 22Section 273. 71.47 (3y) (a) 1. of the statutes, as created by 2015 Wisconsin Act
2355
, is amended to read:
SB468,88,2524 71.47 (3y) (a) 1. "Claimant" means a person certified to receive tax benefits
25under s. 238.308 555.308.
SB468,274
1Section 274. 71.47 (3y) (a) 2. of the statutes, as created by 2015 Wisconsin Act
255
, is amended to read:
SB468,89,43 71.47 (3y) (a) 2. "Eligible employee" has the meaning given in s. 238.308
4555.308 (1) (a).
SB468,275 5Section 275. 71.47 (3y) (b) (intro.) of the statutes, as created by 2015 Wisconsin
6Act 55
, is amended to read:
SB468,89,107 71.47 (3y) (b) Filing claims. (intro.) Subject to the limitations provided in this
8subsection and s. 238.308 555.308, for taxable years beginning after December 31,
92015, a claimant may claim as a credit against the tax imposed under s. 71.43 all of
10the following:
SB468,276 11Section 276. 71.47 (3y) (b) 1. of the statutes, as created by 2015 Wisconsin Act
1255
, is amended to read:
SB468,89,1613 71.47 (3y) (b) 1. The amount of wages that the claimant paid to an eligible
14employee in the taxable year, not to exceed 10 percent of such wages, as determined
15by the Wisconsin Economic Development Corporation department of economic
16opportunity
under s. 238.308 555.308.
SB468,277 17Section 277. 71.47 (3y) (b) 2. of the statutes, as created by 2015 Wisconsin Act
1855
, is amended to read:
SB468,89,2319 71.47 (3y) (b) 2. In addition to any amount claimed for an eligible employee
20under subd. 1., the amount of wages that the claimant paid to the eligible employee
21in the taxable year, not to exceed 5 percent of such wages, if the eligible employee is
22employed in an economically distressed area, as determined by the Wisconsin
23Economic Development Corporation
department of economic opportunity.
SB468,278 24Section 278. 71.47 (3y) (b) 3. of the statutes, as created by 2015 Wisconsin Act
2555
, is amended to read:
SB468,90,4
171.47 (3y) (b) 3. The amount of training costs that the claimant incurred under
2s. 238.308 555.308 (4) (a) 3., not to exceed 50 percent of such costs, as determined by
3the Wisconsin Economic Development Corporation department of economic
4opportunity
.
SB468,279 5Section 279. 71.47 (3y) (b) 4. of the statutes, as created by 2015 Wisconsin Act
655
, is amended to read:
SB468,90,117 71.47 (3y) (b) 4. The amount of the personal property investment, not to exceed
83 percent of such investment, and the amount of the real property investment, not
9to exceed 5 percent of such investment, in a capital investment project that satisfies
10s. 238.308 555.308 (4) (a) 4., as determined by the Wisconsin Economic Development
11Corporation
department of economic opportunity.
SB468,280 12Section 280. 71.47 (3y) (b) 5. of the statutes, as created by 2015 Wisconsin Act
1355
, is amended to read:
SB468,90,2114 71.47 (3y) (b) 5. An amount, as determined by the Wisconsin Economic
15Development Corporation
department of economic opportunity under s. 238.308
16555.308 (4) (a) 5., equal to a percentage of the amount of wages that the claimant paid
17to an eligible employee in the taxable year if the position in which the eligible
18employee was employed was created or retained in connection with the claimant's
19location or retention of the claimant's corporate headquarters in Wisconsin and the
20job duties associated with the eligible employee's position involve the performance
21of corporate headquarters functions.
SB468,281 22Section 281. 71.47 (3y) (c) 2. of the statutes, as created by 2015 Wisconsin Act
2355
, is amended to read:
SB468,91,3
171.47 (3y) (c) 2. No credit may be allowed under this subsection unless the
2claimant includes with the claimant's return a copy of the claimant's certification for
3tax benefits under s. 238.308 555.308.
SB468,282 4Section 282. 71.47 (4) (am) of the statutes, as affected by 2015 Wisconsin Act
555
, is amended to read:
SB468,92,106 71.47 (4) (am) Development zone additional research credit. In addition to the
7credit under par. (ad), any corporation may credit against taxes otherwise due under
8this chapter an amount equal to 5 percent of the amount obtained by subtracting
9from the corporation's qualified research expenses, as defined in section 41 of the
10Internal Revenue Code, except that "qualified research expenses" include only
11expenses incurred by the claimant in a development zone under subch. III of ch. 555
12or
subch. II of ch. 238, 2013 stats., or subch. VI of ch. 560, 2009 stats., except that a
13taxpayer may elect the alternative computation under section 41 (c) (4) of the
14Internal Revenue Code and that election applies until the department permits its
15revocation and except that "qualified research expenses" does not include research
16expenses incurred before the claimant is certified for tax benefits under s. 555.365
17(3) or
s. 238.365 (3), 2013 stats., or s. 560.765 (3), 2009 stats., or the corporation's base
18amount, as defined in section 41 (c) of the Internal Revenue Code, in a development
19zone, except that gross receipts used in calculating the base amount means gross
20receipts from sales attributable to Wisconsin under s. 71.25 (9) (b) 1. and 2., (df) 1.
21and 2., (dh) 1., 2., and 3., (dj), and (dk) and research expenses used in calculating the
22base amount include research expenses incurred before the claimant is certified for
23tax benefits under s. 555.365 (3) or s. 238.365 (3) , 2013 stats., or s. 560.765 (3), 2009
24stats., in a development zone, if the claimant submits with the claimant's return a
25copy of the claimant's certification for tax benefits under s. 555.365 (3) or s. 238.365

1(3), 2013 stats., or s. 560.765 (3), 2009 stats., and a statement from the department
2of commerce or the Wisconsin Economic Development Corporation or the
3department of economic opportunity
verifying the claimant's qualified research
4expenses for research conducted exclusively in a development zone. The rules under
5s. 73.03 (35) apply to the credit under this paragraph. Section 41 (h) of the Internal
6Revenue Code does not apply to the credit under this paragraph. No credit may be
7claimed under this paragraph for taxable years that begin on January 1, 1998, or
8thereafter. Credits under this paragraph for taxable years that begin before January
91, 1998, may be carried forward to taxable years that begin on January 1, 1998, or
10thereafter.
SB468,283 11Section 283. 71.47 (5b) (a) 2. of the statutes is amended to read:
SB468,92,1312 71.47 (5b) (a) 2. "Fund manager" means an investment fund manager certified
13under s. 555.15 (2) or s. 238.15 (2), 2013 stats., or s. 560.205 (2), 2009 stats.
SB468,284 14Section 284. 71.47 (5b) (b) 1. of the statutes is amended to read:
SB468,92,2115 71.47 (5b) (b) 1. For taxable years beginning after December 31, 2004, subject
16to the limitations provided under this subsection and s. 555.15 or s. 238.15, 2013
17stats.,
or s. 560.205, 2009 stats., and except as provided in subd. 2., a claimant may
18claim as a credit against the tax imposed under s. 71.43, up to the amount of those
19taxes, 25 percent of the claimant's investment paid to a fund manager that the fund
20manager invests in a business certified under s. 555.15 (1) or s. 238.15 (1), 2013
21stats.,
or s. 560.205 (1), 2009 stats.
SB468,285 22Section 285. 71.47 (5b) (b) 2. of the statutes is amended to read:
SB468,93,623 71.47 (5b) (b) 2. In the case of a partnership, limited liability company, or
24tax-option corporation, the computation of the 25 percent limitation under subd. 1.
25shall be determined at the entity level rather than the claimant level and may be

1allocated among the claimants who make investments in the manner set forth in the
2entity's organizational documents. The entity shall provide to the department of
3revenue and to the department of commerce or the Wisconsin Economic
4Development Corporation
department of economic opportunity the names and tax
5identification numbers of the claimants, the amounts of the credits allocated to the
6claimants, and the computation of the allocations.
SB468,286 7Section 286. 71.47 (5b) (d) 3. of the statutes is amended to read:
SB468,93,128 71.47 (5b) (d) 3. Except as provided under s. 238.15 555.15 (3) (d) (intro.), for
9investments made after December 31, 2007, if an investment for which a claimant
10claims a credit under par. (b) is held by the claimant for less than 3 years, the
11claimant shall pay to the department, in the manner prescribed by the department,
12the amount of the credit that the claimant received related to the investment.
SB468,287 13Section 287. 71.47 (6) (c) (intro.) of the statutes is amended to read:
SB468,93,1814 71.47 (6) (c) (intro.) No person may claim the credit under par. (a) 2m. unless
15the claimant includes with the claimant's return a copy of the claimant's certification
16under s. 238.17 555.17. For certification purposes under s. 238.17 555.17, the
17claimant shall provide to the Wisconsin Economic Development Corporation
18department of economic opportunity all of the following:
SB468,288 19Section 288. 71.78 (4) (m) of the statutes is amended to read:
SB468,93,2320 71.78 (4) (m) The chief executive officer secretary of the Wisconsin Economic
21Development Corporation
economic opportunity and employees of the corporation
22department of economic opportunity to the extent necessary to administer the
23development zone program under subch. II of ch. 238 555.
SB468,289 24Section 289. 73.03 (35) of the statutes, as affected by 2015 Wisconsin Act 55,
25is amended to read:
SB468,94,8
173.03 (35) To deny a portion of a credit claimed under s. 71.07 (2dm) or (2dx),
271.28 (1dm), (1dx), or (4) (am), 71.47 (1dm), (1dx), or (4) (am), or 76.636 if granting
3the full amount claimed would violate a requirement under s. 555.385 or s. 238.385,
42013 stats.,
or s. 560.785, 2009 stats., or would bring the total of the credits granted
5to that claimant under all of those subsections over the limit for that claimant under
6s. 555.368, 555.395 (2) (b), or 555.397 (5) (b) or s. 238.368, 2013 stats., 238.395 (2) (b),
72013 stats.
, or 238.397 (5) (b), 2013 stats., or s. 560.768, 2009 stats., s. 560.795 (2) (b),
82009 stats., or s. 560.797 (5) (b), 2009 stats.
SB468,290 9Section 290. 73.03 (35m) of the statutes is amended to read:
SB468,94,1510 73.03 (35m) To deny a portion of a credit claimed under s. 71.07 (3g), 71.28 (3g),
11or 71.47 (3g), if granting the full amount claimed would violate a requirement under
12s. 555.23 or s. 238.23, 2013 stats., or s. 560.96, 2009 stats., or would bring the total
13of the credits claimed under ss. 71.07 (3g), 71.28 (3g), and 71.47 (3g) over the limit
14for all claimants under s. 555.23 (2) or s. 238.23 (2), 2013 stats., or s. 560.96 (2), 2009
15stats.
SB468,291 16Section 291. 75.106 (1) (a) of the statutes is amended to read:
SB468,94,2017 75.106 (1) (a) "Brownfield" has the meaning given in s. 238.13 555.13 (1) (a),
18except that, for purposes of this section, "brownfield" also means abandoned, idle, or
19underused residential facilities or sites, the expansion or redevelopment of which is
20adversely affected by actual or perceived environmental contamination.
SB468,292 21Section 292. 76.636 (1) (b) 1. of the statutes is amended to read:
SB468,94,2322 76.636 (1) (b) 1. A development zone under s. 555.30 or s. 238.30, 2013 stats.,
23or s. 560.70, 2009 stats.
SB468,293 24Section 293. 76.636 (1) (b) 2. of the statutes is amended to read:
SB468,95,2
176.636 (1) (b) 2. A development opportunity zone under s. 555.395 or s. 238.395,
22013 stats.,
or s. 560.795, 2009 stats.
SB468,294 3Section 294. 76.636 (1) (b) 3. of the statutes is amended to read:
SB468,95,54 76.636 (1) (b) 3. An enterprise development zone under s. 555.397 or s. 238.397,
52013 stats.,
or s. 560.797, 2009 stats.
SB468,295 6Section 295. 76.636 (1) (b) 4. of the statutes is amended to read:
SB468,95,87 76.636 (1) (b) 4. An agricultural development zone under s. 555.398 or s.
8238.398, 2013 stats., or s. 560.798, 2009 stats.
SB468,296 9Section 296. 76.636 (1) (d) of the statutes is amended to read:
SB468,95,1010 76.636 (1) (d) "Full-time job" has the meaning given in s. 238.30 555.30 (2m).
SB468,297 11Section 297. 76.636 (2) (intro.) of the statutes is amended to read:
SB468,95,1912 76.636 (2) Credits. (intro.) Except as provided in s. 73.03 (35), and subject to
13s. 555.385 or s. 238.385, 2013 stats., or s. 560.785, 2009 stats., for any taxable year
14for which an insurer is entitled under s. 555.395 or s. 238.395, 2013 stats., or s.
15560.795 (3), 2009 stats., to claim tax benefits or certified under s. 555.365 (3), 555.397
16(4), or 555.398 (3) or
s. 238.365 (3), 2013 stats., s. 238.397 (4), 2013 stats., or s. 238.398
17(3), 2013 stats., or s. 560.765 (3), 2009 stats., s. 560.797 (4), 2009 stats., or s. 560.798
18(3), 2009 stats., the insurer may claim as a credit against the fees due under s. 76.60,
1976.63, 76.65, 76.66, or 76.67 the following amounts:
SB468,298 20Section 298. 76.636 (2) (b) of the statutes is amended to read:
SB468,95,2521 76.636 (2) (b) The amount determined by multiplying the amount determined
22under s. 555.385 (1) (b) or s. 238.385 (1) (b), 2013 stats., or s. 560.785 (1) (b), 2009
23stats., by the number of full-time jobs created in a development zone and filled by
24a member of a targeted group and by then subtracting the subsidies paid under s.
2549.147 (3) (a) for those jobs.
SB468,299
1Section 299. 76.636 (2) (c) of the statutes is amended to read:
SB468,96,62 76.636 (2) (c) The amount determined by multiplying the amount determined
3under s. 555.385 (1) (c) or s. 238.385 (1) (c), 2013 stats., or s. 560.785 (1) (c), 2009
4stats., by the number of full-time jobs created in a development zone and not filled
5by a member of a targeted group and by then subtracting the subsidies paid under
6s. 49.147 (3) (a) for those jobs.
SB468,300 7Section 300. 76.636 (2) (d) of the statutes, as affected by 2015 Wisconsin Act
855
, is amended to read:
SB468,96,159 76.636 (2) (d) The amount determined by multiplying the amount determined
10under s. 555.385 (1) (bm) or s. 238.385 (1) (bm), 2013 stats., or s. 560.785 (1) (bm),
112009 stats., by the number of full-time jobs retained, as provided in the rules under
12s. 555.385 or s. 238.385, 2013 stats., or s. 560.785, 2009 stats., in an enterprise
13development zone under s. 555.397 or s. 238.397, 2013 stats., or s. 560.797, 2009
14stats., and for which significant capital investment was made and by then
15subtracting the subsidies paid under s. 49.147 (3) (a) for those jobs.
SB468,301 16Section 301. 76.636 (2) (e) of the statutes, as affected by 2015 Wisconsin Act
1755
, is amended to read:
SB468,96,2318 76.636 (2) (e) The amount determined by multiplying the amount determined
19under s. 555.385 (1) (c) or s. 238.385 (1) (c), 2013 stats., or s. 560.785 (1) (c), 2009
20stats., by the number of full-time jobs retained, as provided in the rules under s.
21555.385 or
s. 238.385, 2013 stats., or s. 560.785, 2009 stats., in a development zone
22and not filled by a member of a targeted group and by then subtracting the subsidies
23paid under s. 49.147 (3) (a) for those jobs.
SB468,302 24Section 302. 76.636 (4) (intro.) of the statutes is amended to read:
SB468,97,6
176.636 (4) Credit precluded. (intro.) If the certification of a person for tax
2benefits under s. 555.365 (3), 555.397 (4), or 555.398 (3) or s. 238.365 (3), 2013 stats.,
3s.
238.397 (4), 2013 stats., or s. 238.398 (3), 2013 stats., or s. 560.765 (3), 2009 stats.,
4s. 560.797 (4), 2009 stats., or s. 560.798 (3), 2009 stats., is revoked, or if the person
5becomes ineligible for tax benefits under s. 555.395 (3) or s. 238.395 (3), 2013 stats.,
6or s. 560.795 (3), 2009 stats., that person may not do any of the following:
SB468,303 7Section 303. 76.636 (5) of the statutes is amended to read:
SB468,97,168 76.636 (5) Carry-over precluded. If a person who is entitled under s. 555.395
9(3) or
s. 238.395 (3), 2013 stats., or s. 560.795 (3), 2009 stats., to claim tax benefits
10or certified under s. 555.365 (3), 555.397 (4), or 555.398 (3) or s. 238.365 (3), 2013
11stats., s.
238.397 (4), 2013 stats., or s. 238.398 (3), 2013 stats., or s. 560.765 (3), 2009
12stats., s. 560.797 (4), 2009 stats., or s. 560.798 (3), 2009 stats., for tax benefits ceases
13business operations in the development zone during any of the taxable years that
14that zone exists, that person may not carry over to any taxable year following the
15year during which operations cease any unused credits from the taxable year during
16which operations cease or from previous taxable years.
SB468,304 17Section 304. 76.636 (6) of the statutes is amended to read:
SB468,97,2218 76.636 (6) Administration. Any insurer who claims a credit under sub. (2) shall
19include with the insurer's annual return under s. 76.64 a copy of its certification for
20tax benefits and a copy of its verification of expenses from the department of
21commerce or the Wisconsin Economic Development Corporation or the department
22of economic opportunity
.
SB468,305 23Section 305. 76.637 (1) of the statutes is amended to read:
SB468,98,224 76.637 (1) Definition. In this section, "claimant" means an insurer who files
25a claim under this section and is certified under s. 555.301 (2) or s. 238.301 (2), 2013

1stats.,
or s. 560.701 (2), 2009 stats., and authorized to claim tax benefits under s.
2555.303 or
s. 238.303, 2013 stats., or s. 560.703, 2009 stats.
SB468,306 3Section 306. 76.637 (2) of the statutes is amended to read:
SB468,98,94 76.637 (2) Filing claims. Subject to the limitations under this section, ss.
5555.301 to 555.306,
ss. 238.301 to 238.306, 2013 stats., and ss. 560.701 to 560.706,
62009 stats., for taxable years beginning after December 31, 2008, a claimant may
7claim as a credit against the fees due under s. 76.60, 76.63, 76.65, 76.66, or 76.67 the
8amount authorized for the claimant under s. 555.303 or s. 238.303, 2013 stats., or s.
9560.703, 2009 stats.
SB468,307 10Section 307. 76.637 (3) of the statutes is amended to read:
SB468,98,1511 76.637 (3) Limitations. No credit may be allowed under this section unless the
12insurer includes with the insurer's annual return under s. 76.64 a copy of the
13claimant's certification under s. 555.301 (2) or s. 238.301 (2), 2013 stats., or s. 560.701
14(2), 2009 stats., and a copy of the claimant's notice of eligibility to receive tax benefits
15under s. 555.303 (3) or s. 238.303 (3), 2013 stats., or s. 560.703 (3), 2009 stats.
SB468,308 16Section 308. 76.637 (4) of the statutes is amended to read:
SB468,99,217 76.637 (4) Administration. If an insurer's certification is revoked under s.
18555.305 or
s. 238.305, 2013 stats., or s. 560.705, 2009 stats., or if an insurer becomes
19ineligible for tax benefits under s. 555.302 or s. 238.302, 2013 stats., or s. 560.702,
202009 stats., the insurer may not claim credits under this section for the taxable year
21that includes the day on which the certification is revoked; the taxable year that
22includes the day on which the insurer becomes ineligible for tax benefits; or
23succeeding taxable years and the insurer may not carry over unused credits from
24previous years to offset the fees imposed under ss. 76.60, 76.63, 76.65, 76.66, or 76.67
25for the taxable year that includes the day on which certification is revoked; the

1taxable year that includes the day on which the insurer becomes ineligible for tax
2benefits; or succeeding taxable years.
SB468,309 3Section 309. 76.638 (1) of the statutes is amended to read:
SB468,99,64 76.638 (1) Definitions. In this section, "fund manager" means an investment
5fund manager certified under s. 555.15 (2) or s. 238.15 (2), 2013 stats., or s. 560.205
6(2), 2009 stats.
SB468,310 7Section 310. 76.638 (2) of the statutes is amended to read:
SB468,99,138 76.638 (2) Filing claims. For taxable years beginning after December 31, 2008,
9subject to the limitations provided under this subsection and s. 555.15 or s. 238.15,
102013 stats.,
or s. 560.205, 2009 stats., an insurer may claim as a credit against the
11fees imposed under s. 76.60, 76.63, 76.65, 76.66, or 76.67, 25 percent of the insurer's
12investment paid to a fund manager that the fund manager invests in a business
13certified under s. 555.15 or s. 238.15, 2013 stats., or s. 560.205 (1), 2009 stats.
SB468,311 14Section 311. 77.54 (9a) (a) of the statutes is amended to read:
SB468,99,1815 77.54 (9a) (a) This state or any agency thereof, the University of Wisconsin
16Hospitals and Clinics Authority, the Wisconsin Aerospace Authority, the Wisconsin
17Economic Development Corporation,
and the Fox River Navigational System
18Authority.
SB468,312 19Section 312. 79.04 (7) (a) of the statutes is amended to read:
SB468,99,2520 79.04 (7) (a) Beginning with payments in 2005, if a production plant, as
21described in sub. (6) (a), other than a nuclear-powered production plant, is built on
22the site of, or on a site adjacent to, an existing or decommissioned production plant;
23or is built on a site purchased by a public utility before January 1, 1980, that was
24identified in an advance plan as a proposed site for a production plant; or is built on,
25or on a site adjacent to, brownfields, as defined in s. 238.13 555.13 (1) (a) or s. 560.13

1(1) (a), 2009 stats., after December 31, 2003, and has a name-plate capacity of at
2least one megawatt, each municipality and county in which such a production plant
3is located shall receive annually from the public utility account a payment in an
4amount that is equal to the number of megawatts that represents the production
5plant's name-plate capacity, multiplied by $600.
SB468,313 6Section 313. 84.01 (6m) (b) (intro.) of the statutes is amended to read:
SB468,100,107 84.01 (6m) (b) (intro.) The department, in consultation with the Wisconsin
8Economic Development Corporation
department of economic opportunity, shall do
9all of the following for each economic development program administered by the
10department:
SB468,314 11Section 314. 84.01 (11m) (a) of the statutes is amended to read:
SB468,100,1412 84.01 (11m) (a) The department shall coordinate any economic development
13assistance with the Wisconsin Economic Development Corporation department of
14economic opportunity
.
SB468,315 15Section 315. 84.01 (11m) (b) of the statutes is amended to read:
SB468,100,2316 84.01 (11m) (b) Annually, no later than October 1, the department shall submit
17to the joint legislative audit committee and to the appropriate standing committees
18of the legislature under s. 13.172 (3) a comprehensive report assessing economic
19development programs, as defined in sub. (6m) (a), administered by the department.
20The report shall include all of the information required under s. 238.07 555.07 (2).
21The department shall collaborate with the Wisconsin Economic Development
22Corporation
department of economic opportunity to make readily accessible to the
23public on an Internet-based system the information required under this subsection.
SB468,316 24Section 316. 93.07 (3) of the statutes is amended to read:
SB468,101,13
193.07 (3) Promotion of agriculture. To promote the interests of agriculture,
2dairying, horticulture, manufacturing, commercial fishing and the domestic arts and
3to advertise Wisconsin and its dairy, food, and agricultural products by conducting
4campaigns of education throughout the United States and in foreign markets. Such
5campaigns shall include the distribution of educational and advertising material
6concerning Wisconsin and its plant, animal, food, and dairy products. The
7department shall coordinate efforts by the state to advertise and promote
8agricultural products of this state, with the Wisconsin Economic Development
9Corporation
department of economic opportunity where appropriate. The
10department shall submit its request and plan for market development program
11expenditures for each biennium with its biennial budget request. The plan shall
12include the identification and priority of expenditures for each market development
13program activity.
SB468,317 14Section 317. 93.07 (18) (b) (intro.) of the statutes is amended to read:
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