Amendment ASA1-AB78

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1995 - 1996 LEGISLATURE

ASSEMBLY SUBSTITUTE AMENDMENT 1, To 1995 ASSEMBLY BILL 78

December 6, 1995 - Offered by Committee on Ways and Means.

AB78-ASA1,1,2 An Act to create 71.05 (6) (b) 22. of the statutes; relating to: creating a tax exemption for certain adoption expenses.

The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:

AB78-ASA1, s. 1 Section 1. 71.05 (6) (b) 22. of the statutes is created to read:

AB78-ASA1,1,9 71.05 (6) (b) 22. For taxable years beginning after December 31, 1995, an amount up to $5,000 that is expended during the period that consists of the year to which the claim relates and the prior 2 taxable years, by a full-year resident of this state who is an adoptive parent, for adoption fees, court costs or legal fees relating to the adoption of a child, for whom a final order of adoption has been entered under s. 48.91 (3) during the taxable year.

AB78-ASA1,1,10 (End)