AB133-ASA1,850,65 71.07 (8) (d) No new claim may be filed under this subsection for a taxable year
6that begins after December 31, 1999.
AB133-ASA1, s. 1717 7Section 1717. 71.07 (9) (g) of the statutes is created to read:
AB133-ASA1,850,98 71.07 (9) (g) No new claim may be filed under this subsection for a taxable year
9that begins after December 31, 1999.
AB133-ASA1, s. 1719b 10Section 1719b. 71.07 (9e) (f) of the statutes is amended to read:
AB133-ASA1,850,1611 71.07 (9e) (f) Except as provided in s. 71.80 (3) and (3m), if the allowable
12amount of the claim under this subsection exceeds the taxes otherwise due under this
13chapter or no taxes are due under this chapter, the amount of the claim not used to
14offset taxes due shall be certified by the department of revenue to the department
15of administration for payment by check, share draft or other draft drawn from the
16appropriation under s. 20.835 (2) (f) or (kf).
AB133-ASA1, s. 1719d 17Section 1719d. 71.07 (10) of the statutes is amended to read:
AB133-ASA1,850,2218 71.07 (10) Credits not allowed. The credits under s. 71.28 (4) and (5) may not
19be claimed by partners, including partners of a publicly traded partnership treated
20as a corporation under s. 71.22 (1) (1g), members of a limited liability company,
21including members of a limited liability company treated as a corporation under s.
2277.22 (1) (1g), or shareholders of a tax-option corporation.
AB133-ASA1, s. 1719g 23Section 1719g. 71.08 (1) (intro.) of the statutes is amended to read:
AB133-ASA1,851,724 71.08 (1) Imposition. (intro.) If the tax imposed on a natural person, married
25couple filing jointly, trust or estate under s. 71.02, not considering the credits under

1ss. 71.07 (1), (2dd), (2de), (2di), (2dj), (2dL), (2dr), (2ds), (2dx), (2dy), (2fd), (3m), (3s),
2(6) and (9e), 71.28 (1dd), (1de), (1di), (1dj), (1dL), (1ds), (1dx), (1dy), (1fd), (2m) and
3(3) and 71.47 (1dd), (1de), (1di), (1dj), (1dL), (1ds), (1dx), (1dy), (1fd), (2m) and (3) and
4subchs. VIII and IX and payments to other states under s. 71.07 (7), is less than the
5tax under this section, there is imposed on that natural person, married couple filing
6jointly, trust or estate, instead of the tax under s. 71.02, an alternative minimum tax
7computed as follows:
AB133-ASA1, s. 1719m 8Section 1719m. 71.10 (4) (gv) of the statutes is created to read:
AB133-ASA1,851,99 71.10 (4) (gv) Sustainable urban development zone credit under s. 71.07 (2dy).
AB133-ASA1, s. 1720m 10Section 1720m. 71.10 (5) (am) of the statutes is created to read:
AB133-ASA1,851,1611 71.10 (5) (am) Gray wolf as endangered or threatened species. For purposes of
12the part of the endangered resources program that provides for wildlife damage
13control and the payments of claims for damage associated with endangered or
14threatened species, the gray wolf shall be considered an endangered or threatened
15species regardless of whether it is listed as endangered or threatened under s. 29.604
16(3).
AB133-ASA1, s. 1721 17Section 1721. 71.125 of the statutes is amended to read:
AB133-ASA1,851,21 1871.125 Imposition of tax. (1) Except as provided in sub. (2), the tax imposed
19by this chapter on individuals and the rates under s. 71.06 (1), (1m) , (1n), (1p) and
20(2) shall apply to the Wisconsin taxable income of estates or trusts, except nuclear
21decommissioning trust or reserve funds, and that tax shall be paid by the fiduciary.
AB133-ASA1,852,2 22(2) Each electing small business trust, as defined in section 1361 (e) (1) of the
23Internal Revenue Code, is subject to tax at the highest rate under s. 71.06 (1) or under
24s. 71.06
, (1m), (1n) or (1p), whichever taxable year is applicable, on its income as

1computed under section 641 of the Internal Revenue Code, as modified by s. 71.05
2(6) to (12), (19) and (20).
AB133-ASA1, s. 1721et 3Section 1721et. 71.14 (3) (intro.) of the statutes is amended to read:
AB133-ASA1,852,104 71.14 (3) (intro.) Except as provided in sub. (2) and s. 71.04 (1) (b) 2., trusts
5created by contract, declaration of trust or implication of law shall be considered
6resident at the place where the trust is being administered. The following trusts
7shall be considered to be administered in the state of domicile of the corporate trustee
8of the trust at any time that the grantor of the trust is not a resident of this stat
e and
9subject to sub. (3m), only the following trusts, or portions of trusts, shall be
10considered resident of this state
:
AB133-ASA1, s. 1721ft 11Section 1721ft. 71.14 (3) (a) of the statutes is amended to read:
AB133-ASA1,852,1812 71.14 (3) (a) Trusts that have any assets invested in a common trust fund, as
13defined in section 584 of the internal revenue code, maintained by a bank or trust
14company domiciled in this state that is a member of the same affiliated group, as
15defined in section 1504 of the internal revenue code, as the corporate trustee
the
16assets of which consist of property placed in the trust by a person who is a resident
17of this state at the time the property was placed in the trust if, at the time the assets
18were placed in the trust, the trust was irrevocable
.
AB133-ASA1, s. 1721gt 19Section 1721gt. 71.14 (3) (b) of the statutes is amended to read:
AB133-ASA1,853,220 71.14 (3) (b) Trusts Irrevocable trusts, the assets of which in whole or in part
21are managed, or about which investment decisions are made, by a corporation
22domiciled in this state if that corporation and the corporate trustee are members of
23the same affiliated group, as defined in section 1504 of the internal revenue code

24consist of property placed in the trust by a person who is a resident of this state at

1the time that the trust became irrevocable if, at the time the property was placed in
2the trust, the trust was revocable
.
AB133-ASA1, s. 1721ht 3Section 1721ht. 71.14 (3m) of the statutes is created to read:
AB133-ASA1,853,44 71.14 (3m) A trust described under sub. (3):
AB133-ASA1,853,65 (a) Is revocable if the person whose property constitutes the trust may revest
6title to the property in that person.
AB133-ASA1,853,87 (b) Is irrevocable if the power to revest title, as described in par. (a), does not
8exist.
AB133-ASA1, s. 1722 9Section 1722. 71.17 (6) of the statutes is amended to read:
AB133-ASA1,853,1310 71.17 (6) Funeral trusts. If a qualified funeral trust makes the election under
11section 685 of the Internal Revenue Code for federal income tax purposes, that
12election applies for purposes of this chapter and each trust shall compute its own tax
13and shall apply the rates under s. 71.06 (1) and, (1m), (1n) or (1p).
AB133-ASA1, s. 1722b 14Section 1722b. 71.195 of the statutes is amended to read:
AB133-ASA1,853,18 1571.195 Definition. In this subchapter, "partnership" includes limited liability
16companies and other entities that are treated as partnerships under the Internal
17Revenue Code, and "partnership" does not include publicly traded partnerships
18treated as corporations under s. 71.22 (1) (1g).
AB133-ASA1, s. 1722bd 19Section 1722bd. 71.21 (4) of the statutes is amended to read:
AB133-ASA1,853,2220 71.21 (4) Credits computed by a partnership under s. 71.07 (2dd), (2de), (2di),
21(2dj), (2dL), (2ds), (2dx), (2dy) and (3s) and passed through to partners shall be added
22to the partnership's income.
AB133-ASA1, s. 1722be 23Section 1722be. 71.22 (1) of the statutes is renumbered 71.22 (1g).
AB133-ASA1, s. 1722c 24Section 1722c. 71.22 (1d) of the statutes is created to read:
AB133-ASA1,854,7
171.22 (1d) "Commercial domicile" means the location of a trade or business
2from which the trade or business is principally managed in the United States,
3regardless of whether the trade or business is organized under the laws of a foreign
4country, the commonwealth of Puerto Rico or any territory or possession of the
5United States. The location of the taxpayer's trade or business at which the greatest
6number of the taxpayer's employes work or are regularly connected, as of the last day
7of the taxable year, is rebuttably presumed to be the taxpayer's commercial domicile.
AB133-ASA1, s. 1722cd 8Section 1722cd. 71.22 (1r) of the statutes is created to read:
AB133-ASA1,854,119 71.22 (1r) "Doing business" includes owning a direct or indirect interest in a
10general or limited partnership or limited liability company that transacts in this
11state for pecuniary gain.
AB133-ASA1, s. 1722ce 12Section 1722ce. 71.22 (3g) of the statutes is created to read:
AB133-ASA1,854,1713 71.22 (3g) "Intangible property" includes patents, copyrights, trademarks,
14trade names, service names, service marks, logos, franchises, licenses, plans,
15specifications, blueprints, processes, techniques, formulas, designs, layouts,
16patterns, drawings, manuals, customer lists, contracts, technical know-how and
17trade secrets. "Intangible property" does not include securities.
AB133-ASA1, s. 1722d 18Section 1722d. 71.22 (4) (e) of the statutes is repealed.
AB133-ASA1, s. 1722e 19Section 1722e. 71.22 (4) (f) of the statutes is amended to read:
AB133-ASA1,855,1720 71.22 (4) (f) Except as provided in sub. (4m) and ss. 71.26 (2) (b) and (3), 71.34
21(1g) and 71.42 (2), "internal revenue code Internal Revenue Code", for taxable years
22that begin after December 31, 1990, and before January 1, 1992, means the federal
23internal revenue code Internal Revenue Code as amended to December 31, 1990,
24and as amended by P.L. 102-227, P.L. 102-486, P.L. 103-66, P.L. 104-188, excluding
25section 1311 of P.L. 104-188, and P.L. 105-34, P.L. 105-206 and P.L. 105-277, and

1as indirectly affected in the provisions applicable to this subchapter by P.L. 99-514,
2P.L. 100-203, P.L. 100-647 excluding sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2),
3821 (b) (2) and 823 (c) (2) of P.L. 99-514 and section 1008 (g) (5) of P.L. 100-647, P.L.
4101-73, P.L. 101-140, P.L. 101-179, P.L. 101-239, P.L. 101-508, P.L. 102-227, P.L.
5102-486, P.L. 103-66, P.L. 104-188, excluding section 1311 of P.L. 104-188, and P.L.
6105-34, P.L. 105-206 and P.L. 105-277. The internal revenue code Internal Revenue
7Code
applies for Wisconsin purposes at the same time as for federal purposes.
8Amendments to the federal internal revenue code Internal Revenue Code enacted
9after December 31, 1990, do not apply to this paragraph with respect to taxable years
10beginning after December 31, 1990, and before January 1, 1992, except that
11changes to the internal revenue code Internal Revenue Code made by P.L. 102-227,
12P.L. 102-486, P.L. 103-66, P.L. 104-188, excluding section 1311 of P.L. 104-188, and
13P.L. 105-34, P.L. 105-206 and P.L. 105-277 and changes that indirectly affect the
14provisions applicable to this subchapter made by P.L. 102-227, P.L. 102-486, P.L.
15103-66, P.L. 104-188, excluding section 1311 of P.L. 104-188, and P.L. 105-34, P.L.
16105-206 and P.L. 105-277,
apply for Wisconsin purposes at the same time as for
17federal purposes.
AB133-ASA1, s. 1722f 18Section 1722f. 71.22 (4) (g) of the statutes is amended to read:
AB133-ASA1,856,1919 71.22 (4) (g) Except as provided in sub. (4m) and ss. 71.26 (2) (b) and (3), 71.34
20(1g) and 71.42 (2), "internal revenue code Internal Revenue Code", for taxable years
21that begin after December 31, 1991, and before January 1, 1993, means the federal
22internal revenue code Internal Revenue Code as amended to December 31, 1991,
23excluding sections 103, 104 and 110 of P.L. 102-227, and as amended by P.L.
24102-318, P.L. 102-486, P.L. 103-66, excluding sections 13101 (a) and (c) 1, 13171 and
2513174 of P.L. 103-66, P.L. 104-188, excluding section 1311 of P.L. 104-188, and P.L.

1105-34, P.L. 105-206 and P.L. 105-277, and as indirectly affected in the provisions
2applicable to this subchapter by P.L. 99-514, P.L. 100-203, P.L. 100-647 excluding
3sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2), 821 (b) (2) and 823 (c) (2) of P.L. 99-514
4and section 1008 (g) (5) of P.L. 100-647, P.L. 101-73, P.L. 101-140, P.L. 101-179, P.L.
5101-239, P.L. 101-508, P.L. 102-227, excluding sections 103, 104 and 110 of P.L.
6102-227, P.L. 102-318, P.L. 102-486, P.L. 103-66, excluding sections 13101 (a) and
7(c) 1, 13171 and 13174 of P.L. 103-66, P.L. 104-188, excluding section 1311 of P.L.
8104-188, and P.L. 105-34, P.L. 105-206 and P.L. 105-277. The internal revenue code
9Internal Revenue Code applies for Wisconsin purposes at the same time as for federal
10purposes. Amendments to the federal internal revenue code Internal Revenue Code
11enacted after December 31, 1991, do not apply to this paragraph with respect to
12taxable years beginning after December 31, 1991, and before January 1, 1993,
13except that changes to the internal revenue code Internal Revenue Code made by P.L.
14102-318, P.L. 102-486, P.L. 103-66, P.L. 104-188, excluding section 1311 of P.L.
15104-188, and P.L. 105-34, P.L. 105-206 and P.L. 105-277 and changes that
16indirectly affect the provisions applicable to this subchapter made by P.L. 102-318,
17P.L. 102-486, P.L. 103-66, P.L. 104-188, excluding section 1311 of P.L. 104-188, and
18P.L. 105-34, P.L. 105-206 and P.L. 105-277, apply for Wisconsin purposes at the
19same time as for federal purposes.
AB133-ASA1, s. 1722g 20Section 1722g. 71.22 (4) (h) of the statutes is amended to read:
AB133-ASA1,857,2121 71.22 (4) (h) Except as provided in sub. (4m) and ss. 71.26 (2) (b) and (3), 71.34
22(1g) and 71.42 (2), "internal revenue code Internal Revenue Code", for taxable years
23that begin after December 31, 1992, and before January 1, 1994, means the federal
24internal revenue code Internal Revenue Code as amended to December 31, 1992,
25excluding sections 103, 104 and 110 of P.L. 102-227, and as amended by P.L. 103-66,

1excluding sections 13101 (a) and (c) 1, 13113, 13150, 13171, 13174 and 13203 of P.L.
2103-66, P.L. 103-465, P.L. 104-188, excluding section 1311 of P.L. 104-188, and P.L.
3105-34, P.L. 105-206 and P.L. 105-277, and as indirectly affected in the provisions
4applicable to this subchapter by P.L. 99-514, P.L. 100-203, P.L. 100-647 excluding
5sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2), 821 (b) (2) and 823 (c) (2) of P.L. 99-514
6and section 1008 (g) (5) of P.L. 100-647, P.L. 101-73, P.L. 101-140, P.L. 101-179, P.L.
7101-239, P.L. 101-508, P.L. 102-227, excluding sections 103, 104 and 110 of P.L.
8102-227, P.L. 102-318, P.L. 102-486, P.L. 103-66, excluding sections 13101 (a) and
9(c) 1, 13113, 13150, 13171, 13174 and 13203 of P.L. 103-66, P.L. 103-465, P.L.
10104-188, excluding section 1311 of P.L. 104-188, and P.L. 105-34, P.L. 105-206 and
11P.L. 105-277
. The internal revenue code Internal Revenue Code applies for
12Wisconsin purposes at the same time as for federal purposes. Amendments to the
13federal internal revenue code Internal Revenue Code enacted after
14December 31, 1992, do not apply to this paragraph with respect to taxable years
15beginning after December 31, 1992, and before January 1, 1994, except that
16changes to the internal revenue code Internal Revenue Code made by P.L. 103-66,
17P.L. 103-465, P.L. 104-188, excluding section 1311 of P.L. 104-188, and P.L. 105-34,
18P.L. 105-206 and P.L. 105-277
and changes that indirectly affect the provisions
19applicable to this subchapter made by P.L. 103-66, P.L. 103-465. P.L. 104-188,
20excluding section 1311 of P.L. 104-188, and P.L. 105-34, P.L. 105-206 and P.L.
21105-277,
apply for Wisconsin purposes at the same time as for federal purposes.
AB133-ASA1, s. 1722h 22Section 1722h. 71.22 (4) (i) of the statutes is amended to read:
AB133-ASA1,859,323 71.22 (4) (i) Except as provided in sub. (4m) and ss. 71.26 (2) (b) and (3), 71.34
24(1g) and 71.42 (2), "internal revenue code Internal Revenue Code", for taxable years
25that begin after December 31, 1993, and before January 1, 1995, means the federal

1internal revenue code Internal Revenue Code as amended to December 31, 1993,
2excluding sections 103, 104 and 110 of P.L. 102-227 and sections 13113, 13150 (d),
313171 (d), 13174, 13203 (d) and 13215 of P.L. 103-66, and as amended by P.L.
4103-296, P.L. 103-337, P.L. 103-465, P.L. 104-7, excluding section 1 of P.L. 104-7,
5P.L. 104-188, excluding section 1311 of P.L. 104-188, P.L. 104-191, P.L. 104-193 and,
6P.L. 105-34, P.L. 105-206 and P.L. 105-277, and as indirectly affected in the
7provisions applicable to this subchapter by P.L. 99-514, P.L. 100-203, P.L. 100-647
8excluding sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2), 821 (b) (2) and 823 (c) (2) of
9P.L. 99-514 and section 1008 (g) (5) of P.L. 100-647, P.L. 101-73, P.L. 101-140, P.L.
10101-179, P.L. 101-239, P.L. 101-508, P.L. 102-227, excluding sections 103, 104 and
11110 of P.L. 102-227, P.L. 102-318, P.L. 102-486, P.L. 103-66, excluding sections
1213113, 13150 (d), 13171 (d), 13174, 13203 (d) and 13215 of P.L. 103-66, P.L. 103-296,
13P.L. 103-337, P.L. 103-465, P.L. 104-7, excluding section 1 of P.L. 104-7, P.L.
14104-188, excluding section 1311 of P.L. 104-188, P.L. 104-191, P.L. 104-193 and, P.L.
15105-34, P.L. 105-206 and P.L. 105-277. The internal revenue code Internal Revenue
16Code
applies for Wisconsin purposes at the same time as for federal purposes.
17Amendments to the federal internal revenue code Internal Revenue Code enacted
18after December 31, 1993, do not apply to this paragraph with respect to taxable years
19beginning after December 31, 1993, and before January 1, 1995, except that
20changes to the internal revenue code Internal Revenue Code made by P.L. 103-296,
21P.L. 103-337, P.L. 103-465, P.L. 104-7, excluding section 1 of P.L. 104-7, P.L.
22104-188, excluding section 1311 of P.L. 104-188, P.L. 104-191, P.L. 104-193 and, P.L.
23105-34, P.L. 105-206 and P.L. 105-277 and changes that indirectly affect the
24provisions applicable to this subchapter made by P.L. 103-296, P.L. 103-337, P.L.
25103-465, P.L. 104-7, excluding section 1 of P.L. 104-7, P.L. 104-188, excluding

1section 1311 of P.L. 104-188, P.L. 104-191, P.L. 104-193 and, P.L. 105-34, P.L.
2105-206 and P.L. 105-277,
apply for Wisconsin purposes at the same time as for
3federal purposes.
AB133-ASA1, s. 1722i 4Section 1722i. 71.22 (4) (j) of the statutes is amended to read:
AB133-ASA1,860,75 71.22 (4) (j) Except as provided in sub. (4m) and ss. 71.26 (2) (b) and (3), 71.34
6(1g) and 71.42 (2), "internal revenue code Internal Revenue Code", for taxable years
7that begin after December 31, 1994, and before January 1, 1996, means the federal
8internal revenue code Internal Revenue Code as amended to December 31, 1994,
9excluding sections 103, 104 and 110 of P.L. 102-227 and sections 13113, 13150 (d),
1013171 (d), 13174 and 13203 (d) of P.L. 103-66, and as amended by P.L. 104-7, P.L.
11104-188, excluding sections 1202, 1204, 1311 and 1605 of P.L. 104-188, P.L.
12104-191, P.L. 104-193 and, P.L. 105-34, P.L. 105-206 and P.L. 105-277, and as
13indirectly affected in the provisions applicable to this subchapter by P.L. 99-514, P.L.
14100-203, P.L. 100-647 excluding sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2), 821
15(b) (2) and 823 (c) (2) of P.L. 99-514 and section 1008 (g) (5) of P.L. 100-647, P.L.
16101-73, P.L. 101-140, P.L. 101-179, P.L. 101-239, P.L. 101-508, P.L. 102-227,
17excluding sections 103, 104 and 110 of P.L. 102-227, P.L. 102-318, P.L. 102-486, P.L.
18103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174 and 13203 (d) of P.L.
19103-66, P.L. 103-296, P.L. 103-337, P.L. 103-465, P.L. 104-7, P.L. 104-188,
20excluding sections 1202, 1204, 1311 and 1605 of P.L. 104-188, P.L. 104-191, P.L.
21104-193 and, P.L. 105-34, P.L. 105-206 and P.L. 105-277. The internal revenue code
22Internal Revenue Code applies for Wisconsin purposes at the same time as for federal
23purposes. Amendments to the federal internal revenue code Internal Revenue Code
24enacted after December 31, 1994, do not apply to this paragraph with respect to
25taxable years beginning after December 31, 1994, and before January 1, 1996,

1except that changes to the internal revenue code Internal Revenue Code made by P.L.
2104-7, P.L. 104-188, excluding sections 1202, 1204, 1311 and 1605 of P.L. 104-188,
3P.L. 104-191, P.L. 104-193 and, P.L. 105-34, P.L. 105-206 and P.L. 105-277 and
4changes that indirectly affect the provisions applicable to this subchapter made by
5P.L. 104-7, P.L. 104-188, excluding sections 1202, 1204, 1311 and 1605 of P.L.
6104-188, P.L. 104-191, P.L. 104-193 and, P.L. 105-34, P.L. 105-206 and P.L.
7105-277,
apply for Wisconsin purposes at the same time as for federal purposes.
AB133-ASA1, s. 1722j 8Section 1722j. 71.22 (4) (k) of the statutes is amended to read:
AB133-ASA1,861,129 71.22 (4) (k) Except as provided in sub. (4m) and ss. 71.26 (2) (b) and (3), 71.34
10(1g) and 71.42 (2), "internal revenue code Internal Revenue Code", for taxable years
11that begin after December 31, 1995, and before January 1, 1997, means the federal
12internal revenue code Internal Revenue Code as amended to December 31, 1995,
13excluding sections 103, 104 and 110 of P.L. 102-227 and sections 13113, 13150 (d),
1413171 (d), 13174 and 13203 (d) of P.L. 103-66, and as amended by P.L. 104-188,
15excluding sections 1123, 1202, 1204, 1311 and 1605 of P.L. 104-188, P.L. 104-191,
16P.L. 104-193, P.L. 105-33 and, P.L. 105-34, P.L. 105-206 and P.L. 105-277, and as
17indirectly affected in the provisions applicable to this subchapter by P.L. 99-514, P.L.
18100-203, P.L. 100-647 excluding sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2), 821
19(b) (2) and 823 (c) (2) of P.L. 99-514 and section 1008 (g) (5) of P.L. 100-647, P.L.
20101-73, P.L. 101-140, P.L. 101-179, P.L. 101-239, P.L. 101-508, P.L. 102-227,
21excluding sections 103, 104 and 110 of P.L. 102-227, P.L. 102-318, P.L. 102-486, P.L.
22103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174 and 13203 (d) of P.L.
23103-66, P.L. 103-296, P.L. 103-337, P.L. 103-465, P.L. 104-7, P.L. 104-188,
24excluding sections 1123, 1202, 1204, 1311 and 1605 of P.L. 104-188, P.L. 104-191,
25P.L. 104-193, P.L. 105-33 and, P.L. 105-34, P.L. 105-206 and P.L. 105-277. The

1internal revenue code Internal Revenue Code applies for Wisconsin purposes at the
2same time as for federal purposes. Amendments to the federal internal revenue code
3Internal Revenue Code enacted after December 31, 1995, do not apply to this
4paragraph with respect to taxable years beginning after December 31, 1995, and
5before January 1, 1997, except that changes to the Internal Revenue Code made by
6P.L. 104-188, excluding sections 1123, 1202, 1204, 1311 and 1605 of P.L. 104-188,
7P.L. 104-191, P.L. 104-193, P.L. 105-33 and, P.L. 105-34, P.L. 105-206 and P.L.
8105-277
and changes that indirectly affect the provisions applicable to this
9subchapter made by P.L. 104-188, excluding sections 1123, 1202, 1204, 1311 and
101605 of P.L. 104-188, P.L. 104-191, P.L. 104-193, P.L. 105-33 and, P.L. 105-34, P.L.
11105-206 and P.L. 105-277,
apply for Wisconsin purposes at the same time as for
12federal purposes.
AB133-ASA1, s. 1722k 13Section 1722k. 71.22 (4) (L) of the statutes is amended to read:
AB133-ASA1,862,1414 71.22 (4) (L) Except as provided in sub. (4m) and ss. 71.26 (2) (b) and (3), 71.34
15(1g) and 71.42 (2), "internal revenue code Internal Revenue Code", for taxable years
16that begin after December 31, 1996, and before January 1, 1998, means the federal
17internal revenue code Internal Revenue Code as amended to December 31, 1996,
18excluding sections 103, 104 and 110 of P.L. 102-227, sections 13113, 13150 (d), 13171
19(d), 13174 and 13203 (d) of P.L. 103-66 and sections 1123 (b), 1202 (c), 1204 (f), 1311
20and 1605 (d) of P.L. 104-188, and as amended by P.L. 105-33 and, P.L. 105-34, P.L.
21105-206 and P.L. 105-277,
and as indirectly affected in the provisions applicable to
22this subchapter by P.L. 99-514, P.L. 100-203, P.L. 100-647 excluding sections 803
23(d) (2) (B), 805 (d) (2), 812 (c) (2), 821 (b) (2) and 823 (c) (2) of P.L. 99-514 and section
241008 (g) (5) of P.L. 100-647, P.L. 101-73, P.L. 101-140, P.L. 101-179, P.L. 101-239,
25P.L. 101-508, P.L. 102-227, excluding sections 103, 104 and 110 of P.L. 102-227, P.L.

1102-318, P.L. 102-486, P.L. 103-66, excluding sections 13113, 13150 (d), 13171 (d),
213174 and 13203 (d) of P.L. 103-66, P.L. 103-296, P.L. 103-337, P.L. 103-465, P.L.
3104-7, P.L. 104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311 and 1605 (d)
4of P.L. 104-188, P.L. 104-191, P.L. 104-193, P.L. 105-33 and, P.L. 105-34, P.L.
5105-206 and P.L. 105-277
. The internal revenue code Internal Revenue Code
6applies for Wisconsin purposes at the same time as for federal purposes.
7Amendments to the federal internal revenue code Internal Revenue Code enacted
8after December 31, 1996, do not apply to this paragraph with respect to taxable years
9beginning after December 31, 1996, and before January 1, 1998, except that
10changes to the internal revenue code Internal Revenue Code made by P.L. 105-33
11and, P.L. 105-34, P.L. 105-206 and P.L. 105-277 and changes that indirectly affect
12the provisions applicable to this subchapter made by P.L. 105-33 and, P.L. 105-34,
13P.L. 105-206 and P.L. 105-277
apply for Wisconsin purposes at the same time as for
14federal purposes.
AB133-ASA1, s. 1722L 15Section 1722L. 71.22 (4) (m) of the statutes is amended to read:
AB133-ASA1,863,1416 71.22 (4) (m) Except as provided in sub. (4m) and ss. 71.26 (2) (b) and (3), 71.34
17(1g) and 71.42 (2), "Internal Revenue Code", for taxable years that begin after
18December 31, 1997, and before January 1, 1999, means the federal Internal Revenue
19Code as amended to December 31, 1997, excluding sections 103, 104 and 110 of P.L.
20102-227, sections 13113, 13150 (d), 13171 (d), 13174 and 13203 (d) of P.L. 103-66 and
21sections 1123 (b), 1202 (c), 1204 (f), 1311 and 1605 (d) of P.L. 104-188, and as
22amended by P.L. 105-178, P.L. 105-206 and P.L. 105-277,
and as indirectly affected
23in the provisions applicable to this subchapter by P.L. 99-514, P.L. 100-203, P.L.
24100-647 excluding sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2), 821 (b) (2) and 823
25(c) (2) of P.L. 99-514 and section 1008 (g) (5) of P.L. 100-647, P.L. 101-73, P.L.

1101-140, P.L. 101-179, P.L. 101-239, P.L. 101-508, P.L. 102-227, excluding sections
2103, 104 and 110 of P.L. 102-227, P.L. 102-318, P.L. 102-486, P.L. 103-66, excluding
3sections 13113, 13150 (d), 13171 (d), 13174 and 13203 (d) of P.L. 103-66, P.L.
4103-296, P.L. 103-337, P.L. 103-465, P.L. 104-7, P.L. 104-188, excluding sections
51123 (b), 1202 (c), 1204 (f), 1311 and 1605 (d) of P.L. 104-188, P.L. 104-191, P.L.
6104-193, P.L. 105-33 and, P.L. 105-34, P.L. 105-178, P.L. 105-206 and P.L. 105-277.
7The Internal Revenue Code applies for Wisconsin purposes at the same time as for
8federal purposes. Amendments to the federal Internal Revenue Code enacted after
9December 31, 1997, do not apply to this paragraph with respect to taxable years
10beginning after December 31, 1997, and before January 1, 1999, except that changes
11to the Internal Revenue Code made by P.L. 105-178, P.L. 105-206 and P.L. 105-277
12and changes that indirectly affect the provisions applicable to this subchapter made
13by P.L. 105-178, P.L. 105-206 and P.L. 105-277 apply for Wisconsin purposes at the
14same time as for federal purposes
.
AB133-ASA1, s. 1722m 15Section 1722m. 71.22 (4) (n) of the statutes is created to read:
AB133-ASA1,864,916 71.22 (4) (n) Except as provided in sub. (4m) and ss. 71.26 (2) (b) and (3), 71.34
17(1g) and 71.42 (2), "Internal Revenue Code", for taxable years that begin after
18December 31, 1998, means the federal Internal Revenue Code as amended to
19December 31, 1998, excluding sections 103, 104 and 110 of P.L. 102-227, sections
2013113, 13150 (d), 13171 (d), 13174 and 13203 (d) of P.L. 103-66 and sections 1123 (b),
211202 (c), 1204 (f), 1311 and 1605 (d) of P.L. 104-188, and as indirectly affected in the
22provisions applicable to this subchapter by P.L. 99-514, P.L. 100-203, P.L. 100-647
23excluding sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2), 821 (b) (2) and 823 (c) (2) of
24P.L. 99-514 and section 1008 (g) (5) of P.L. 100-647, P.L. 101-73, P.L. 101-140, P.L.
25101-179, P.L. 101-239, P.L. 101-508, P.L. 102-227, excluding sections 103, 104 and

1110 of P.L. 102-227, P.L. 102-318, P.L. 102-486, P.L. 103-66, excluding sections
213113, 13150 (d), 13171 (d), 13174 and 13203 (d) of P.L. 103-66, P.L. 103-296, P.L.
3103-337, P.L. 103-465, P.L. 104-7, P.L. 104-188, excluding sections 1123 (b), 1202
4(c), 1204 (f), 1311 and 1605 (d) of P.L. 104-188, P.L. 104-191, P.L. 104-193, P.L.
5105-33, P.L. 105-34, P.L. 105-178, P.L. 105-206 and P.L. 105-277. The Internal
6Revenue Code applies for Wisconsin purposes at the same time as for federal
7purposes. Amendments to the federal Internal Revenue Code enacted after
8December 31, 1998, do not apply to this paragraph with respect to taxable years
9beginning after December 31, 1998.
AB133-ASA1, s. 1722n 10Section 1722n. 71.22 (4m) (c) of the statutes is repealed.
AB133-ASA1, s. 1722p 11Section 1722p. 71.22 (4m) (d) of the statutes is amended to read:
AB133-ASA1,865,712 71.22 (4m) (d) For taxable years that begin after December 31, 1990, and
13before January 1, 1992, "internal revenue code Internal Revenue Code", for
14corporations that are subject to a tax on unrelated business income under s. 71.26
15(1) (a), means the federal internal revenue code Internal Revenue Code as amended
16to December 31, 1990, and as amended by P.L. 102-227, P.L. 102-486, P.L. 103-66,
17P.L. 104-188, excluding section 1311 of P.L. 104-188, and P.L. 105-34, P.L. 105-206
18and P.L. 105-277,
and as indirectly affected in the provisions applicable to this
19subchapter by P.L. 99-514, P.L. 100-203, P.L. 100-647, P.L. 101-73, P.L. 101-140,
20P.L. 101-179, P.L. 101-239, P.L. 101-508, P.L. 102-227, P.L. 102-486, P.L. 103-66,
21P.L. 104-188, excluding section 1311 of P.L. 104-188, and P.L. 105-34, P.L. 105-206
22and P.L. 105-277
. The internal revenue code Internal Revenue Code applies for
23Wisconsin purposes at the same time as for federal purposes. Amendments to the
24internal revenue code Internal Revenue Code enacted after December 31, 1990, do
25not apply to this paragraph with respect to taxable years beginning after

1December 31, 1990, and before January 1, 1992, except that changes to the internal
2revenue code
Internal Revenue Code made by P.L. 102-227, P.L. 102-486, P.L.
3103-66, P.L. 104-188, excluding section 1311 of P.L. 104-188, and P.L. 105-34, P.L.
4105-206 and P.L. 105-277,
and changes that indirectly affect the provisions
5applicable to this subchapter made by P.L. 102-227, P.L. 102-486, P.L. 103-66, P.L.
6104-188, excluding section 1311 of P.L. 104-188, and P.L. 105-34, P.L. 105-206 and
7P.L. 105-277,
apply for Wisconsin purposes at the same time as for federal purposes.
AB133-ASA1, s. 1722q 8Section 1722q. 71.22 (4m) (e) of the statutes is amended to read:
AB133-ASA1,866,89 71.22 (4m) (e) For taxable years that begin after December 31, 1991, and
10before January 1, 1993, "internal revenue code Internal Revenue Code", for
11corporations that are subject to a tax on unrelated business income under s. 71.26
12(1) (a), means the federal internal revenue code Internal Revenue Code as amended
13to December 31, 1991, excluding sections 103, 104 and 110 of P.L. 102-227, and as
14amended by P.L. 102-318, P.L. 102-486, P.L. 103-66, excluding sections 13101 (a)
15and (c) 1, 13171 and 13174 of P.L. 103-66, P.L. 104-188, excluding section 1311 of P.L.
16104-188, and P.L. 105-34, P.L. 105-206 and P.L. 105-277, and as indirectly affected
17in the provisions applicable to this subchapter by P.L. 99-514, P.L. 100-203, P.L.
18100-647, P.L. 101-73, P.L. 101-140, P.L. 101-179, P.L. 101-239, P.L. 101-508, P.L.
19102-227, excluding sections 103, 104 and 110 of P.L. 102-227, P.L. 102-318, P.L.
20102-486, P.L. 103-66, excluding sections 13101 (a) and (c) 1, 13171 and 13174 of P.L.
21103-66, P.L. 104-188, excluding section 1311 of P.L. 104-188, and P.L. 105-34, P.L.
22105-206 and P.L. 105-277
. The internal revenue code Internal Revenue Code
23applies for Wisconsin purposes at the same time as for federal purposes.
24Amendments to the internal revenue code Internal Revenue Code enacted after
25December 31, 1991, do not apply to this paragraph with respect to taxable years

1beginning after December 31, 1991, and before January 1, 1993, except that
2changes to the internal revenue code Internal Revenue Code made by P.L. 102-318,
3P.L. 102-486, P.L. 103-66, P.L. 104-188, excluding section 1311 of P.L. 104-188, and
4P.L. 105-34, P.L. 105-206 and P.L. 105-277 and changes that indirectly affect the
5provisions applicable to this subchapter made by P.L. 102-318, P.L. 102-486, P.L.
6103-66, P.L. 104-188, excluding section 1311 of P.L. 104-188, and P.L. 105-34, P.L.
7105-206 and P.L. 105-277,
apply for Wisconsin purposes at the same time as for
8federal purposes.
AB133-ASA1, s. 1722r 9Section 1722r. 71.22 (4m) (f) of the statutes is amended to read:
AB133-ASA1,867,910 71.22 (4m) (f) For taxable years that begin after December 31, 1992, and before
11January 1, 1994, "internal revenue code Internal Revenue Code", for corporations
12that are subject to a tax on unrelated business income under s. 71.26 (1) (a), means
13the federal internal revenue code Internal Revenue Code as amended to
14December 31, 1992, excluding sections 103, 104 and 110 of P.L. 102-227, and as
15amended by P.L. 103-66, excluding sections 13101 (a) and (c) 1, 13113, 13150, 13171,
1613174 and 13203 of P.L. 103-66, P.L. 103-465, P.L. 104-188, excluding section 1311
17of P.L. 104-188, and P.L. 105-34, P.L. 105-206 and P.L. 105-277, and as indirectly
18affected in the provisions applicable to this subchapter by P.L. 99-514, P.L. 100-203,
19P.L. 100-647, P.L. 101-73, P.L. 101-140, P.L. 101-179, P.L. 101-239, P.L. 101-508,
20P.L. 102-227, excluding sections 103, 104 and 110 of P.L. 102-227, P.L. 102-318, P.L.
21102-486, P.L. 103-66, excluding sections 13101 (a) and (c) 1, 13113, 13150, 13171,
2213174 and 13203 of P.L. 103-66, P.L. 103-465, P.L. 104-188, excluding section 1311
23of P.L. 104-188, and P.L. 105-34, P.L. 105-206 and P.L. 105-277. The internal
24revenue code
Internal Revenue Code applies for Wisconsin purposes at the same
25time as for federal purposes. Amendments to the internal revenue code Internal

1Revenue Code
enacted after December 31, 1992, do not apply to this paragraph with
2respect to taxable years beginning after December 31, 1992, and before
3January 1, 1994, except that changes to the internal revenue code Internal Revenue
4Code
made by P.L. 103-66, P.L. 103-465, P.L. 104-188, excluding section 1311 of P.L.
5104-188, and P.L. 105-34, P.L. 105-206 and P.L. 105-277 and changes that
6indirectly affect the provisions applicable to this subchapter made by P.L. 103-66,
7P.L. 103-465, P.L. 104-188, excluding section 1311 of P.L. 104-188, and P.L. 105-34,
8P.L. 105-206 and P.L. 105-277,
apply for Wisconsin purposes at the same time as for
9federal purposes.
AB133-ASA1, s. 1722s 10Section 1722s. 71.22 (4m) (g) of the statutes is amended to read:
AB133-ASA1,868,1411 71.22 (4m) (g) For taxable years that begin after December 31, 1993, and
12before January 1, 1995, "internal revenue code Internal Revenue Code", for
13corporations that are subject to a tax on unrelated business income under s. 71.26
14(1) (a), means the federal internal revenue code Internal Revenue Code as amended
15to December 31, 1993, excluding sections 103, 104 and 110 of P.L. 102-227 and
16sections 13113, 13150 (d), 13171 (d), 13174, 13203 (d) and 13215 of P.L. 103-66, and
17as amended by P.L. 103-296, P.L. 103-337, P.L. 103-465, P.L. 104-7, excluding
18section 1 of P.L. 104-7, P.L. 104-188, excluding section 1311 of P.L. 104-188, P.L.
19104-191, P.L. 104-193 and, P.L. 105-34, P.L. 105-206 and P.L. 105-277, and as
20indirectly affected in the provisions applicable to this subchapter by P.L. 99-514, P.L.
21100-203, P.L. 100-647, P.L. 101-73, P.L. 101-140, P.L. 101-179, P.L. 101-239, P.L.
22101-508, P.L. 102-227, excluding sections 103, 104 and 110 of P.L. 102-227, P.L.
23102-318, P.L. 102-486, P.L. 103-66, excluding sections 13113, 13150 (d), 13171 (d),
2413174, 13203 (d) and 13215 of P.L. 103-66, P.L. 103-296, P.L. 103-337, P.L. 103-465,
25P.L. 104-7, excluding section 1 of P.L. 104-7, P.L. 104-188, excluding section 1311

1of P.L. 104-188, P.L. 104-191, P.L. 104-193 and , P.L. 105-34, P.L. 105-206 and P.L.
2105-277
. The internal revenue code Internal Revenue Code applies for Wisconsin
3purposes at the same time as for federal purposes. Amendments to the internal
4revenue code
Internal Revenue Code enacted after December 31, 1993, do not apply
5to this paragraph with respect to taxable years beginning after December 31, 1993,
6and before January 1, 1995, except that changes to the internal revenue code
7Internal Revenue Code made by P.L. 103-296, P.L. 103-337, P.L. 103-465, P.L.
8104-7, excluding section 1 of P.L. 104-7, P.L. 104-188, excluding section 1311 of P.L.
9104-188, P.L. 104-191, P.L. 104-193 and, P.L. 105-34, P.L. 105-206 and P.L.
10105-277
and changes that indirectly affect the provisions applicable to this
11subchapter made by P.L. 103-296, P.L. 103-337, P.L. 103-465, P.L. 104-7, excluding
12section 1 of P.L. 104-7, P.L. 104-188, excluding section 1311 of P.L. 104-188, P.L.
13104-191, P.L. 104-193 and, P.L. 105-34, P.L. 105-206 and P.L. 105-277, apply for
14Wisconsin purposes at the same time as for federal purposes.
AB133-ASA1, s. 1722t 15Section 1722t. 71.22 (4m) (h) of the statutes is amended to read:
AB133-ASA1,869,1716 71.22 (4m) (h) For taxable years that begin after December 31, 1994, and
17before January 1, 1996, "internal revenue code Internal Revenue Code", for
18corporations that are subject to a tax on unrelated business income under s. 71.26
19(1) (a), means the federal internal revenue code Internal Revenue Code as amended
20to December 31, 1994, excluding sections 103, 104 and 110 of P.L. 102-227 and
21sections 13113, 13150 (d), 13171 (d), 13174 and 13203 (d) of P.L. 103-66, and as
22amended by P.L. 104-7, P.L. 104-188, excluding sections 1202, 1204, 1311 and 1605
23of P.L. 104-188, P.L. 104-191, P.L. 104-193 and, P.L. 105-34, P.L. 105-206 and P.L.
24105-277,
and as indirectly affected in the provisions applicable to this subchapter
25by P.L. 99-514, P.L. 100-203, P.L. 100-647, P.L. 101-73, P.L. 101-140, P.L. 101-179,

1P.L. 101-239, P.L. 101-508, P.L. 102-227, excluding sections 103, 104 and 110 of P.L.
2102-227, P.L. 102-318, P.L. 102-486, P.L. 103-66, excluding sections 13113, 13150
3(d), 13171 (d), 13174 and 13203 (d) of P.L. 103-66, P.L. 103-296, P.L. 103-337, P.L.
4103-465, P.L. 104-7, P.L. 104-188, excluding sections 1202, 1204, 1311 and 1605 of
5P.L. 104-188, P.L. 104-191, P.L. 104-193 and, P.L. 105-34, P.L. 105-206 and P.L.
6105-277
. The internal revenue code Internal Revenue Code applies for Wisconsin
7purposes at the same time as for federal purposes. Amendments to the internal
8revenue code
Internal Revenue Code enacted after December 31, 1994, do not apply
9to this paragraph with respect to taxable years beginning after December 31, 1994,
10and before January 1, 1996, except that changes to the internal revenue code
11Internal Revenue Code made by P.L. 104-7, P.L. 104-188, excluding sections 1202,
121204, 1311 and 1605 of P.L. 104-188, P.L. 104-191, P.L. 104-193 and, P.L. 105-34,
13P.L. 105-206 and P.L. 105-277 and changes that indirectly affect the provisions
14applicable to this subchapter made by P.L. 104-7, P.L. 104-188, excluding sections
151202, 1204, 1311 and 1605 of P.L. 104-188, P.L. 104-191, P.L. 104-193 and, P.L.
16105-34, P.L. 105-206 and P.L. 105-277, apply for Wisconsin purposes at the same
17time as for federal purposes.
AB133-ASA1, s. 1722u 18Section 1722u. 71.22 (4m) (i) of the statutes is amended to read:
AB133-ASA1,870,2019 71.22 (4m) (i) For taxable years that begin after December 31, 1995, and before
20January 1, 1997, "internal revenue code Internal Revenue Code", for corporations
21that are subject to a tax on unrelated business income under s. 71.26 (1) (a), means
22the federal internal revenue code Internal Revenue Code as amended to
23December 31, 1995, excluding sections 103, 104 and 110 of P.L. 102-227 and sections
2413113, 13150 (d), 13171 (d), 13174 and 13203 (d) of P.L. 103-66, and as amended by
25P.L. 104-188, excluding sections 1123, 1202, 1204, 1311 and 1605 of P.L. 104-188,

1P.L. 104-191, P.L. 104-193, P.L. 105-33 and, P.L. 105-34, P.L. 105-206 and P.L.
2105-277,
and as indirectly affected in the provisions applicable to this subchapter
3by P.L. 99-514, P.L. 100-203, P.L. 100-647, P.L. 101-73, P.L. 101-140, P.L. 101-179,
4P.L. 101-239, P.L. 101-508, P.L. 102-227, excluding sections 103, 104 and 110 of P.L.
5102-227, P.L. 102-318, P.L. 102-486, P.L. 103-66, excluding sections 13113, 13150
6(d), 13171 (d), 13174 and 13203 (d) of P.L. 103-66, P.L. 103-296, P.L. 103-337, P.L.
7103-465, P.L. 104-7, P.L. 104-188, excluding sections 1123, 1202, 1204, 1311 and
81605 of P.L. 104-188, P.L. 104-191, P.L. 104-193, PL. 105-33 and, P.L. 105-34, P.L.
9105-206 and P.L. 105-277
. The internal revenue code Internal Revenue Code
10applies for Wisconsin purposes at the same time as for federal purposes.
11Amendments to the internal revenue code Internal Revenue Code enacted after
12December 31, 1995, do not apply to this paragraph with respect to taxable years
13beginning after December 31, 1995, and before January 1, 1997, except that
14changes to the Internal Revenue Code made by P.L. 104-188, excluding sections
151123, 1202, 1204, 1311 and 1605 of P.L. 104-188, P.L. 104-191, P.L. 104-193, P.L.
16105-33 and, P.L. 105-34, P.L. 105-206 and P.L. 105-277 and changes that indirectly
17affect the provisions applicable to this subchapter made by P.L. 104-188, excluding
18sections 1123, 1202, 1204, 1311 and 1605 of P.L. 104-188, P.L. 104-191, P.L. 104-193,
19P.L. 105-33 and, P.L. 105-34, P.L. 105-206 and P.L. 105-277, apply for Wisconsin
20purposes at the same time as for federal purposes.
AB133-ASA1, s. 1722v 21Section 1722v. 71.22 (4m) (j) of the statutes is amended to read:
AB133-ASA1,871,1922 71.22 (4m) (j) For taxable years that begin after December 31, 1996, and before
23January 1, 1998, "Internal Revenue Code", for corporations that are subject to a tax
24on unrelated business income under s. 71.26 (1) (a), means the federal Internal
25Revenue Code as amended to December 31, 1996, excluding sections 103, 104 and

1110 of P.L. 102-227, sections 13113, 13150 (d), 13171 (d), 13174 and 13203 (d) of P.L.
2103-66, and sections 1123 (b), 1202 (c), 1204 (f), 1311 and 1605 (d) of P.L. 104-188
3and as amended by P.L. 105-33 and, P.L. 105-34, P.L. 105-206 and P.L. 105-277, and
4as indirectly affected in the provisions applicable to this subchapter by P.L. 99-514,
5P.L. 100-203, P.L. 100-647, P.L. 101-73, P.L. 101-140, P.L. 101-179, P.L. 101-239,
6P.L. 101-508, P.L. 102-227, excluding sections 103, 104 and 110 of P.L. 102-227, P.L.
7102-318, P.L. 102-486, P.L. 103-66, excluding sections 13113, 13150 (d), 13171 (d),
813174 and 13203 (d) of P.L. 103-66, P.L. 103-296, P.L. 103-337, P.L. 103-465, P.L.
9104-7, P.L. 104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311 and 1605 (d)
10of P.L. 104-188, P.L. 104-191, P.L. 104-193, P.L. 105-33 and, P.L. 105-34, P.L.
11105-206 and P.L. 105-277
. The Internal Revenue Code applies for Wisconsin
12purposes at the same time as for federal purposes. Amendments to the Internal
13Revenue Code enacted after December 31, 1996, do not apply to this paragraph with
14respect to taxable years beginning after December 31, 1996, and before
15January 1, 1998, except that changes to the Internal Revenue Code made by P.L.
16105-33 and, P.L. 105-34, P.L. 105-206 and P.L. 105-277 and changes that indirectly
17affect provisions applicable to this subchapter made by P.L. 105-33 and, P.L. 105-34,
18P.L. 105-206 and P.L. 105-277,
apply for Wisconsin purposes at the same time as for
19federal purposes.
AB133-ASA1, s. 1722w 20Section 1722w. 71.22 (4m) (k) of the statutes is amended to read:
AB133-ASA1,872,1721 71.22 (4m) (k) For taxable years that begin after December 31, 1997, and
22before January 1, 1999,
"Internal Revenue Code", for corporations that are subject
23to a tax on unrelated business income under s. 71.26 (1) (a), means the federal
24Internal Revenue Code as amended to December 31, 1997, excluding sections 103,
25104 and 110 of P.L. 102-227, sections 13113, 13150 (d), 13171 (d), 13174 and 13203

1(d) of P.L. 103-66, and sections 1123 (b), 1202 (c), 1204 (f), 1311 and 1605 (d) of P.L.
2104-188, and as amended by P.L. 105-178, P.L. 105-206 and P.L. 105-277, and as
3indirectly affected in the provisions applicable to this subchapter by P.L. 99-514, P.L.
4100-203, P.L. 100-647, P.L. 101-73, P.L. 101-140, P.L. 101-179, P.L. 101-239, P.L.
5101-508, P.L. 102-227, excluding sections 103, 104 and 110 of P.L. 102-227, P.L.
6102-318, P.L. 102-486, P.L. 103-66, excluding sections 13113, 13150 (d), 13171 (d),
713174 and 13203 (d) of P.L. 103-66, P.L. 103-296, P.L. 103-337, P.L. 103-465, P.L.
8104-7, P.L. 104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311 and 1605 (d)
9of P.L. 104-188, P.L. 104-191, P.L. 104-193, P.L. 105-33 and, P.L. 105-34, P.L.
10105-178, P.L. 105-206 and P.L. 105-277
. The Internal Revenue Code applies for
11Wisconsin purposes at the same time as for federal purposes. Amendments to the
12Internal Revenue Code enacted after December 31, 1997, do not apply to this
13paragraph with respect to taxable years beginning after December 31, 1997, and
14before January 1, 1999, except that changes to the Internal Revenue Code made by
15P.L. 105-178, P.L. 105-206 and P.L. 105-277 and changes that indirectly affect the
16provisions applicable to this subchapter made by P.L. 105-178, P.L. 105-206 and P.L.
17105-277 apply for Wisconsin purposes at the same time as for federal purposes
.
AB133-ASA1, s. 1722x 18Section 1722x. 71.22 (4m) (L) of the statutes is created to read:
AB133-ASA1,873,1019 71.22 (4m) (L) For taxable years that begin after December 31, 1998, "Internal
20Revenue Code", for corporations that are subject to a tax on unrelated business
21income under s. 71.26 (1) (a), means the federal Internal Revenue Code as amended
22to December 31, 1998, excluding sections 103, 104 and 110 of P.L. 102-227, sections
2313113, 13150 (d), 13171 (d), 13174 and 13203 (d) of P.L. 103-66, and sections 1123
24(b), 1202 (c), 1204 (f), 1311 and 1605 (d) of P.L. 104-188, and as indirectly affected
25in the provisions applicable to this subchapter by P.L. 99-514, P.L. 100-203, P.L.

1100-647, P.L. 101-73, P.L. 101-140, P.L. 101-179, P.L. 101-239, P.L. 101-508, P.L.
2102-227, excluding sections 103, 104 and 110 of P.L. 102-227, P.L. 102-318, P.L.
3102-486, P.L. 103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174 and
413203 (d) of P.L. 103-66, P.L. 103-296, P.L. 103-337, P.L. 103-465, P.L. 104-7, P.L.
5104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311 and 1605 (d) of P.L.
6104-188, P.L. 104-191, P.L. 104-193, P.L. 105-33, P.L. 105-34, P.L. 105-178, P.L.
7105-206 and P.L. 105-277. The Internal Revenue Code applies for Wisconsin
8purposes at the same time as for federal purposes. Amendments to the Internal
9Revenue Code enacted after December 31, 1998, do not apply to this paragraph with
10respect to taxable years beginning after December 31, 1998.
AB133-ASA1, s. 1722y 11Section 1722y. 71.23 (1) of the statutes is amended to read:
AB133-ASA1,873,2112 71.23 (1) Income tax. For the purpose of raising revenue for the state and the
13counties, cities, villages and towns, there shall be assessed, levied, collected and paid
14a tax as provided under this chapter on all Wisconsin net incomes of corporations
15which that are not subject to the franchise tax under sub. (2) and which that own
16property within this state; that derive income from sources within this state or from
17activities that are attributable to this state;
or whose business within this state
18during the taxable year, except as provided under sub. (3), consists exclusively of
19foreign commerce, interstate commerce, or both; except as exempted under s. 71.26
20(1). This section shall not be construed to prevent or affect the correction of errors or
21omissions in the assessments of income for former years under s. 71.74 (1) and (2).
AB133-ASA1, s. 1729 22Section 1729. 71.25 (6) of the statutes is renumbered 71.25 (6) (intro) and
23amended to read:
AB133-ASA1,874,1824 71.25 (6) Allocation and separate accounting and apportionment formula.
25(intro.) Corporations engaged in business within and without the state shall be taxed

1only on such income as is derived from business transacted and property located
2within the state. The amount of such income attributable to Wisconsin may be
3determined by an allocation and separate accounting thereof, when the business of
4such corporation within the state is not an integral part of a unitary business, but
5the department of revenue may permit an allocation and separate accounting in any
6case in which it is satisfied that the use of such method will properly reflect the
7income taxable by this state. In all cases in which allocation and separate accounting
8is not permissible, the determination shall be made in the following manner: for all
9businesses except financial organizations, public utilities, railroads, sleeping car
10companies, car line companies and corporations or associations that are subject to
11a tax on unrelated business income under s. 71.26 (1) (a) there shall first be deducted
12from the total net income of the taxpayer the part thereof (less related expenses, if
13any) that follows the situs of the property or the residence of the recipient. The.
14Except as provided in subs. (9d) and (9g), the
remaining net income shall be
15apportioned to Wisconsin this state by use of an apportionment fraction composed
16of a sales factor under sub. (9) representing 50% of the fraction, a property factor
17under sub. (7) representing 25% of the fraction and a payroll factor under sub. (8)
18representing 25% of the fraction.
the following:
AB133-ASA1, s. 1729b 19Section 1729b. 71.25 (6) (a) of the statutes is created to read:
AB133-ASA1,874,2320 71.25 (6) (a) For taxable years beginning after December 31, 2000, and before
21January 1, 2002, an apportionment fraction composed of a sales factor under sub. (9)
22representing 63% of the fraction, a property factor under sub. (7) representing 18.5%
23of the fraction and a payroll factor under sub. (8) representing 18.5% of the fraction.
AB133-ASA1, s. 1729c 24Section 1729c. 71.25 (6) (b) of the statutes is created to read:
AB133-ASA1,875,4
171.25 (6) (b) For taxable years beginning after December 31, 2001, and before
2January 1, 2003, an apportionment fraction composed of a sales factor under sub. (9)
3representing 85% of the fraction, a property factor under sub. (7) representing 7.5%
4of the fraction and a payroll factor under sub. (8) representing 7.5% of the fraction.
AB133-ASA1, s. 1729d 5Section 1729d. 71.25 (6) (c) of the statutes is created to read:
AB133-ASA1,875,76 71.25 (6) (c) For taxable years beginning after December 31, 2002, an
7apportionment fraction composed of the sales factor under sub. (9).
AB133-ASA1, s. 1730 8Section 1730. 71.25 (7) (intro.) of the statutes is amended to read:
AB133-ASA1,875,109 71.25 (7) Property factor. (intro.) For purposes of sub. (5) and for taxable
10years beginning before January 1, 2003
:
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