AB133-ASA1,839,14
171.05 (22) (ds) Standard deduction indexing. For taxable years beginning after
2December 31, 1998, and before January 1, 2000, the dollar amounts of the standard
3deduction that is allowable under par. (dm) and all of the dollar amounts of Wisconsin
4adjusted gross income under par. (dm) shall be increased each year by a percentage
5equal to the percentage change between the U.S. consumer price index for all urban
6consumers, U.S. city average, for the month of August of the previous year and the
7U.S. consumer price index for all urban consumers, U.S. city average, for the month
8of August of the year before the previous year, as determined by the federal
9department of labor. Each amount that is revised under this paragraph shall be
10rounded to the nearest multiple of $10 if the revised amount is not a multiple of $10
11or, if the revised amount is a multiple of $5, such an amount shall be increased to the
12next higher multiple of $10. The department of revenue shall annually adjust the
13changes in dollar amounts required under this paragraph and incorporate the
14changes into the income tax forms and instructions.
AB133-ASA1, s. 1691c 15Section 1691c. 71.05 (22) (dt) of the statutes is created to read:
AB133-ASA1,840,416 71.05 (22) (dt) Standard deduction indexing, 2001 and thereafter. For taxable
17years beginning after December 31, 2000, the dollar amounts of the standard
18deduction that is allowable under par. (dp) and all of the dollar amounts of Wisconsin
19adjusted gross income under par. (dp) shall be increased each year by a percentage
20equal to the percentage change between the U.S. consumer price index for all urban
21consumers, U.S. city average, for the month of August of the previous year and the
22U.S. consumer price index for all urban consumers, U.S. city average, for the month
23of August 1999, as determined by the federal department of labor. Each amount that
24is revised under this paragraph shall be rounded to the nearest multiple of $10 if the
25revised amount is not a multiple of $10 or, if the revised amount is a multiple of $5,

1such an amount shall be increased to the next higher multiple of $10. The
2department of revenue shall annually adjust the changes in dollar amounts required
3under this paragraph and incorporate the changes into the income tax forms and
4instructions.
AB133-ASA1, s. 1692 5Section 1692. 71.05 (22) (f) 4. b. of the statutes is amended to read:
AB133-ASA1,840,76 71.05 (22) (f) 4. b. The standard deduction that may be claimed by an individual
7under par. (dm) or (dp), based on the individual's filing status.
AB133-ASA1, s. 1693 8Section 1693. 71.05 (23) of the statutes is created to read:
AB133-ASA1,840,109 71.05 (23) Personal exemptions. In computing Wisconsin taxable income, an
10individual taxpayer may subtract the following amounts:
AB133-ASA1,840,1211 (a) For taxable years that begin after December 31, 1999, and before January
121, 2001:
AB133-ASA1,840,1513 1. A personal exemption of $600 if the taxpayer is required to file a return under
14s. 71.03 (2) (a) 1. or 2. and $600 for the taxpayer's spouse, except if the spouse is filing
15separately or as a head of household.
AB133-ASA1,840,1816 2. An exemption of $600 for each individual for whom the taxpayer is entitled
17to an exemption for the taxable year under section 151 (c) of the Internal Revenue
18Code.
AB133-ASA1,840,2319 3. An additional exemption of $200 if the taxpayer has reached the age of 65
20before the close of the taxable year to which his or her tax return relates and $200
21for the taxpayer's spouse if he or she has reached the age of 65 before the close of the
22taxable year to which his or her tax return relates, except if the spouse is filing
23separately or as a head of household.
AB133-ASA1,840,2424 (b) For taxable years that begin after December 31, 2000:
AB133-ASA1,841,3
11. A personal exemption of $700 if the taxpayer is required to file a return under
2s. 71.03 (2) (a) 1. or 2. and $700 for the taxpayer's spouse, except if the spouse is filing
3separately or as a head of household.
AB133-ASA1,841,64 2. An exemption of $700 for each individual for whom the taxpayer is entitled
5to an exemption for the taxable year under section 151 (c) of the Internal Revenue
6Code.
AB133-ASA1,841,117 3. An additional exemption of $250 if the taxpayer has reached the age of 65
8before the close of the taxable year to which his or her tax return relates and $250
9for the taxpayer's spouse if he or she has reached the age of 65 before the close of the
10taxable year to which his or her tax return relates, except if the spouse is filing
11separately or as a head of household.
AB133-ASA1,841,2412 (c) With respect to persons who change their domicile into or from this state
13during the taxable year and nonresident persons, personal exemptions under pars.
14(a) and (b) shall be limited to the fraction of the amount so determined that Wisconsin
15adjusted gross income is of federal adjusted gross income. In this paragraph, for
16married persons filing separately "adjusted gross income" means the separate
17adjusted gross income of each spouse and for married persons filing jointly "adjusted
18gross income" means the total adjusted gross income of both spouses. If a person and
19that person's spouse are not both domiciled in this state during the entire taxable
20year, their personal exemptions on a joint return are determined by multiplying the
21personal exemption that would be available to each of them if they were both
22domiciled in this state during the entire taxable year by a fraction the numerator of
23which is their joint Wisconsin adjusted gross income and the denominator of which
24is their joint federal adjusted gross income.
AB133-ASA1, s. 1694 25Section 1694. 71.06 (1m) (intro.) of the statutes is amended to read:
AB133-ASA1,842,6
171.06 (1m) Fiduciaries, single individuals and heads of households; after
21997
to 1999. (intro.) The tax to be assessed, levied and collected upon the taxable
3incomes of all fiduciaries, except fiduciaries of nuclear decommissioning trust or
4reserve funds, and single individuals and heads of households shall be computed at
5the following rates for taxable years beginning after December 31, 1997, and before
6January 1, 2000
:
AB133-ASA1, s. 1695 7Section 1695. 71.06 (1n) of the statutes is created to read:
AB133-ASA1,842,128 71.06 (1n) Fiduciaries, single individuals and heads of households; 2000. The
9tax to be assessed, levied and collected upon the taxable incomes of all fiduciaries,
10except fiduciaries of nuclear decommissioning trust or reserve funds, and single
11individuals and heads of households shall be computed at the following rates for
12taxable years beginning after December 31, 1999, and before January 1, 2001:
AB133-ASA1,842,1313 (a) On all taxable income from $0 to $7,500, 4.73%.
AB133-ASA1,842,1414 (b) On all taxable income exceeding $7,500 but not exceeding $15,000, 6.33%.
AB133-ASA1,842,1515 (c) On all taxable income exceeding $15,000 but not exceeding $112,500, 6.55%.
AB133-ASA1,842,1616 (d) On all taxable income exceeding $112,500, 6.75%.
AB133-ASA1, s. 1696 17Section 1696. 71.06 (1p) of the statutes is created to read:
AB133-ASA1,842,2218 71.06 (1p) Fiduciaries, single individuals and heads of households; after
192000.
The tax to be assessed, levied and collected upon the taxable incomes of all
20fiduciaries, except fiduciaries of nuclear decommissioning trust or reserve funds, and
21single individuals and heads of households shall be computed at the following rates
22for taxable years beginning after December 31, 2000:
AB133-ASA1,842,2323 (a) On all taxable income from $0 to $7,500, 4.6%.
AB133-ASA1,842,2424 (b) On all taxable income exceeding $7,500 but not exceeding $15,000, 6.15%.
AB133-ASA1,842,2525 (c) On all taxable income exceeding $15,000 but not exceeding $112,500, 6.5%.
AB133-ASA1,843,1
1(d) On all taxable income exceeding $112,500, 6.75%.
AB133-ASA1, s. 1697 2Section 1697. 71.06 (2) (c) (intro.) of the statutes is amended to read:
AB133-ASA1,843,43 71.06 (2) (c) (intro.) For joint returns, for taxable years beginning after
4December 31, 1997, and before January 1, 2000:
AB133-ASA1, s. 1698 5Section 1698. 71.06 (2) (d) (intro.) of the statutes is amended to read:
AB133-ASA1,843,76 71.06 (2) (d) (intro.) For married persons filing separately, for taxable years
7beginning after December 31, 1997, and before January 1, 2000:
AB133-ASA1, s. 1699 8Section 1699. 71.06 (2) (e) of the statutes is created to read:
AB133-ASA1,843,109 71.06 (2) (e) For joint returns, for taxable years beginning after December 31,
101999, and before January 1, 2001:
AB133-ASA1,843,1111 1. On all taxable income from $0 to $10,000, 4.73%.
AB133-ASA1,843,1212 2. On all taxable income exceeding $10,000 but not exceeding $20,000, 6.33%.
AB133-ASA1,843,1313 3. On all taxable income exceeding $20,000 but not exceeding $150,000, 6.55%.
AB133-ASA1,843,1414 4. On all taxable income exceeding $150,000, 6.75%.
AB133-ASA1, s. 1700 15Section 1700. 71.06 (2) (f) of the statutes is created to read:
AB133-ASA1,843,1716 71.06 (2) (f) For married persons filing separately, for taxable years beginning
17after December 31, 1999, and before January 1, 2001:
AB133-ASA1,843,1818 1. On all taxable income from $0 to $5,000, 4.73%.
AB133-ASA1,843,1919 2. On all taxable income exceeding $5,000 but not exceeding $10,000, 6.33%.
AB133-ASA1,843,2020 3. On all taxable income exceeding $10,000 but not exceeding $75,000, 6.55%.
AB133-ASA1,843,2121 4. On all taxable income exceeding $75,000, 6.75%.
AB133-ASA1, s. 1701 22Section 1701. 71.06 (2) (g) of the statutes is created to read:
AB133-ASA1,843,2423 71.06 (2) (g) For joint returns, for taxable years beginning after December 31,
242000:
AB133-ASA1,843,2525 1. On all taxable income from $0 to $10,000, 4.6%.
AB133-ASA1,844,1
12. On all taxable income exceeding $10,000 but not exceeding $20,000, 6.15%.
AB133-ASA1,844,22 3. On all taxable income exceeding $20,000 but not exceeding $150,000, 6.5%.
AB133-ASA1,844,33 4. On all taxable income exceeding $150,000, 6.75%.
AB133-ASA1, s. 1702 4Section 1702. 71.06 (2) (h) of the statutes is created to read:
AB133-ASA1,844,65 71.06 (2) (h) For married persons filing separately, for taxable years beginning
6after December 31, 2000:
AB133-ASA1,844,77 1. On all taxable income from $0 to $5,000, 4.6%.
AB133-ASA1,844,88 2. On all taxable income exceeding $5,000 but not exceeding $10,000, 6.15%.
AB133-ASA1,844,99 3. On all taxable income exceeding $10,000 but not exceeding $75,000, 6.5%.
AB133-ASA1,844,1010 4. On all taxable income exceeding $75,000, 6.75%.
AB133-ASA1, s. 1703 11Section 1703. 71.06 (2e) of the statutes is amended to read:
AB133-ASA1,845,912 71.06 (2e) Bracket indexing. For taxable years beginning after December 31,
131998, and before January 1, 2000, the maximum dollar amount in each tax bracket,
14and the corresponding minimum dollar amount in the next bracket, under subs. (1m)
15and (2) (c) and (d), and for taxable years beginning after December 31, 1999, the
16maximum dollar amount in each tax bracket, and the corresponding minimum dollar
17amount in the next bracket, under subs. (1n), (1p) and (2) (e), (f), (g) and (h),
shall be
18increased each year by a percentage equal to the percentage change between the U.S.
19consumer price index for all urban consumers, U.S. city average, for the month of
20August of the previous year and the U.S. consumer price index for all urban
21consumers, U.S. city average, for the month of August of the year before the previous
22year
1997, as determined by the federal department of labor, except that for taxable
23years beginning after December 31, 2000, the dollar amount in the top bracket under
24subs. (1p) (c) and (d), (2) (g) 3. and 4. and (h) 3. and 4. shall be increased each year
25by a percentage equal to the percentage change between the U.S. consumer price

1index for all urban consumers, U.S. city average, for the month of August of the
2previous year and the U.S. consumer price index for all urban consumers, U.S. city
3average, for the month of August 1999, as determined by the federal department of
4labor
. Each amount that is revised under this subsection shall be rounded to the
5nearest multiple of $10 if the revised amount is not a multiple of $10 or, if the revised
6amount is a multiple of $5, such an amount shall be increased to the next higher
7multiple of $10. The department of revenue shall annually adjust the changes in
8dollar amounts required under this subsection and incorporate the changes into the
9income tax forms and instructions.
AB133-ASA1, s. 1704 10Section 1704. 71.06 (2m) of the statutes is amended to read:
AB133-ASA1,845,1411 71.06 (2m) Rate changes. If a rate under sub. (1), (1m), (1n), (1p) or (2) changes
12during a taxable year, the taxpayer shall compute the tax for that taxable year by the
13methods applicable to the federal income tax under section 15 of the internal revenue
14code.
AB133-ASA1, s. 1705 15Section 1705. 71.06 (2s) (b) of the statutes is amended to read:
AB133-ASA1,846,316 71.06 (2s) (b) For taxable years beginning after December 31, 1997, and before
17January 1, 2000,
with respect to nonresident individuals, including individuals
18changing their domicile into or from this state, the tax brackets under subs. (1m) and
19(2) (c) and (d) shall be multiplied by a fraction, the numerator of which is Wisconsin
20adjusted gross income and the denominator of which is federal adjusted gross
21income. In this paragraph, for married persons filing separately "adjusted gross
22income" means the separate adjusted gross income of each spouse, and for married
23persons filing jointly "adjusted gross income" means the total adjusted gross income
24of both spouses. If an individual and that individual's spouse are not both domiciled
25in this state during the entire taxable year, the tax brackets under subs. (1m) and

1(2) (c) and (d) on a joint return shall be multiplied by a fraction, the numerator of
2which is their joint Wisconsin adjusted gross income and the denominator of which
3is their joint federal adjusted gross income.
AB133-ASA1, s. 1706 4Section 1706. 71.06 (2s) (c) of the statutes is created to read:
AB133-ASA1,846,175 71.06 (2s) (c) For taxable years beginning after December 31, 1999, and before
6January 1, 2001, with respect to nonresident individuals, including individuals
7changing their domicile into or from this state, the tax brackets under subs. (1n) and
8(2) (e) and (f) shall be multiplied by a fraction, the numerator of which is Wisconsin
9adjusted gross income and the denominator of which is federal adjusted gross
10income. In this paragraph, for married persons filing separately "adjusted gross
11income" means the separate adjusted gross income of each spouse, and for married
12persons filing jointly "adjusted gross income" means the total adjusted gross income
13of both spouses. If an individual and that individual's spouse are not both domiciled
14in this state during the entire taxable year, the tax brackets under subs. (1n) and (2)
15(e) and (f) on a joint return shall be multiplied by a fraction, the numerator of which
16is their joint Wisconsin adjusted gross income and the denominator of which is their
17joint federal adjusted gross income.
AB133-ASA1, s. 1707 18Section 1707. 71.06 (2s) (d) of the statutes is created to read:
AB133-ASA1,847,619 71.06 (2s) (d) For taxable years beginning after December 31, 2000, with
20respect to nonresident individuals, including individuals changing their domicile
21into or from this state, the tax brackets under subs. (1p) and (2) (g) and (h) shall be
22multiplied by a fraction, the numerator of which is Wisconsin adjusted gross income
23and the denominator of which is federal adjusted gross income. In this paragraph,
24for married persons filing separately "adjusted gross income" means the separate
25adjusted gross income of each spouse, and for married persons filing jointly "adjusted

1gross income" means the total adjusted gross income of both spouses. If an individual
2and that individual's spouse are not both domiciled in this state during the entire
3taxable year, the tax brackets under subs. (1p) and (2) (g) and (h) on a joint return
4shall be multiplied by a fraction, the numerator of which is their joint Wisconsin
5adjusted gross income and the denominator of which is their joint federal adjusted
6gross income.
AB133-ASA1, s. 1707t 7Section 1707t. 71.07 (2dj) (am) 1. of the statutes is amended to read:
AB133-ASA1,847,128 71.07 (2dj) (am) 1. Modify "member of a targeted group", as defined in section
951 (d) of the internal revenue code as amended to December 31, 1995, to include
10persons unemployed as a result of a business action subject to s. 109.07 (1m) and
11persons specified under 29 USC 1651 (a) dislocated workers, as defined in 29 USC
122801
(9),
and to require a member of a targeted group to be a resident of this state.
AB133-ASA1, s. 1707v 13Section 1707v. 71.07 (2dj) (am) 2. of the statutes is amended to read:
AB133-ASA1,847,1914 71.07 (2dj) (am) 2. Modify "designated local agency", as defined in section 51
15(d) (15) of the internal revenue code, to include the job training partnership act
16organization
local workforce development board established under 29 USC 2832 for
17the area that includes the development zone in which the employe in respect to whom
18the credit under this subsection is claimed works, if the department of commerce
19approves the criteria used for certification, and the department of commerce.
AB133-ASA1, s. 1708 20Section 1708. 71.07 (2dj) (am) 3. of the statutes is amended to read:
AB133-ASA1,847,2321 71.07 (2dj) (am) 3. Modify the rule for certification under section 51 (d) (16) (A)
22of the internal revenue code to allow certification within the 90-day period beginning
23with the first day of employment of the employe by the claimant.
AB133-ASA1, s. 1708g 24Section 1708g. 71.07 (2dx) (b) (intro.) of the statutes is amended to read:
AB133-ASA1,848,4
171.07 (2dx) (b) Credit. (intro.) Except as provided in s. 73.03 (35) and subject
2to s. 560.785, for any taxable year for which the person is certified under s. 560.765
3(3), any person may claim as a credit against taxes imposed on the person's income
4from the person's business activities in a development zone
the following amounts:
AB133-ASA1, s. 1709 5Section 1709. 71.07 (2dx) (b) 4. of the statutes is amended to read:
AB133-ASA1,848,116 71.07 (2dx) (b) 4. The amount determined by multiplying the amount
7determined under s. 560.785 (1) (b) (bm) by the number of full-time jobs retained,
8as provided in the rules under s. 560.785, excluding jobs for which a credit has been
9claimed under sub. (2dj), in a an enterprise development zone under s. 560.797 and
10filled by a member of a targeted group for which significant capital investment was
11made
and by then subtracting the subsidies paid under s. 49.147 (3) (a) for those jobs.
AB133-ASA1, s. 1709c 12Section 1709c. 71.07 (2dy) of the statutes is created to read:
AB133-ASA1,848,1413 71.07 (2dy) Sustainable urban development zone credit. (a) Definitions. In
14this subsection:
AB133-ASA1,848,1515 1. "Brownfield" has the meaning given in sub. (2dx) (a) 1.
AB133-ASA1,848,2016 2. "Environmental remediation" means removal or containment of
17environmental pollution, as defined in s. 299.01 (4), and restoration of soil or
18groundwater that is affected by environmental pollution, as defined in s. 299.01 (4),
19in a brownfield and investigation unless the investigation determines that
20remediation is required but remediation is not undertaken.
AB133-ASA1,848,2421 (b) Credit. For any taxable year for which the person is certified under s. 292.77
22(5), a person may claim as a credit against taxes imposed under this subchapter 50%
23of the amount expended for environmental remediation under the program under s.
24292.77.
AB133-ASA1,849,2
1(c) Administration. Subsection (2dx) (c), (d) and (e), as it applies to the credit
2under sub. (2dx), applies to the credit under this subsection.
AB133-ASA1, s. 1710d 3Section 1710d. 71.07 (3m) (a) 1. b. of the statutes is amended to read:
AB133-ASA1,849,74 71.07 (3m) (a) 1. b. For partnerships except publicly traded partnerships
5treated as corporations under s. 71.22 (1) (1g), or limited liability companies, except
6limited liability companies treated as corporations under s. 71.22 (1) (1g), "claimant"
7means each individual partner or member.
AB133-ASA1, s. 1711 8Section 1711. 71.07 (5) (a) 7. of the statutes is created to read:
AB133-ASA1,849,139 71.07 (5) (a) 7. Miscellaneous itemized deductions under the Internal Revenue
10Code, without regard to whether such deductions are subject to the 2% floor as
11described in section 67 of the Internal Revenue Code, except that the general
12prohibition in this subdivision does not apply to dues paid to a professional society
13or a labor union.
AB133-ASA1, s. 1712 14Section 1712. 71.07 (5) (a) 8. of the statutes is created to read:
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