SB55-ASA1-AA1,584,1223 71.05 (6) (b) 33. a. An amount equal to not more than $3,000 per beneficiary
24by a claimant for contributions to an account for each year to which the claim relates,
25except that the total amount for which a deduction may be claimed under this

1subdivision and under subd. 32., per beneficiary by any claimant may not exceed
2$3,000 each year. The deduction limit under this subdivision for a married couple
3that files a joint income tax return is $3,000 per beneficiary for each year. The total
4deduction that may be claimed by a married couple under this subdivision and under
5subd. 32., per beneficiary, is $3,000 each year if the couple files a joint income tax
6return. The deduction limit under this subdivision for a grandparent is $1,500 per
7beneficiary for each year, or $3,000 if the grandparent is widowed or a widower. The
8total deduction that may be claimed by a grandmother and a grandfather, or by a
9grandparent who is widowed or a widower, under this subdivision and under subd.
1032., per beneficiary, is $3,000 each year. The total deduction that may be claimed by
11a grandmother and a grandfather, who are not married to each other, under this
12subdivision and under subd. 32., per beneficiary, is $3,000 each year
.".
SB55-ASA1-AA1,584,13 13973. Page 728, line 23: after that line insert:
SB55-ASA1-AA1,584,14 14" Section 2143e. 71.05 (6) (b) 21. of the statutes is amended to read:
SB55-ASA1-AA1,584,1815 71.05 (6) (b) 21. The difference between the amount of social security benefits
16included in federal adjusted gross income for the current year and the amount as
17calculated under section 86 of the internal revenue code as that section existed on
18December 31, 1992
Internal Revenue Code.".
SB55-ASA1-AA1,584,19 19974. Page 728, line 23: after that line insert:
SB55-ASA1-AA1,584,20 20" Section 2143d. 71.05 (6) (b) 20. (intro.) of the statutes is amended to read:
SB55-ASA1-AA1,585,221 71.05 (6) (b) 20. (intro.) For taxable years beginning on or after January 1,
221995, and before January 1, 2002, an amount paid by a person who is the employee
23of another person if the person's employer pays no amount of money toward the

1person's medical care insurance, for medical care insurance for the person, his or her
2spouse and the person's dependents, calculated as follows:
SB55-ASA1-AA1, s. 2143ss 3Section 2143ss. 71.05 (6) (b) 34. of the statutes is created to read:
SB55-ASA1-AA1,585,94 71.05 (6) (b) 34. For taxable years beginning after December 31, 2001, an
5amount paid by an individual, other than a person to whom subd. 19. applies, who
6has no employer or who is the employee of another person if the individual's employer
7pays no amount of money toward the individual's medical care insurance, for medical
8care insurance for the individual, his or her spouse, and the individual's dependents,
9calculated as follows:
SB55-ASA1-AA1,585,1810 a. One hundred percent of the amount paid by the individual for medical care
11insurance. In this subdivision, "medical care insurance" means a medical care
12insurance policy that covers the individual, his or her spouse, and the individual's
13dependents and provides surgical, medical, hospital, major medical, or other health
14service coverage, and includes payments made for medical care benefits under a
15self-insured plan, but "medical care insurance" does not include hospital indemnity
16policies or policies with ancillary benefits such as accident benefits or benefits for loss
17of income resulting from a total or partial inability to work because of illness,
18sickness, or injury.
SB55-ASA1-AA1,585,2119 b. From the amount calculated under subd. 34. a., subtract the amounts
20deducted from gross income for medical care insurance in the calculation of federal
21adjusted gross income.
SB55-ASA1-AA1,586,822 c. For an individual who is a nonresident or part-year resident of this state,
23multiply the amount calculated under subd. 34. a. or b., by a fraction the numerator
24of which is the individual's wages, salary, tips, unearned income, and net earnings
25from a trade or business that are taxable by this state and the denominator of which

1is the individual's total wages, salary, tips, unearned income, and net earnings from
2a trade or business. In this subd. 34. c., for married persons filing separately "wages,
3salary, tips, unearned income, and net earnings from a trade or business" means the
4separate wages, salary, tips, unearned income, and net earnings from a trade or
5business of each spouse, and for married persons filing jointly "wages, salary, tips,
6unearned income, and net earnings from a trade or business" means the total wages,
7salary, tips, unearned income, and net earnings from a trade or business of both
8spouses.
SB55-ASA1-AA1,586,119 d. Reduce the amount calculated under subd. 34. a., b., or c. to the individual's
10aggregate wages, salary, tips, unearned income, and net earnings from a trade or
11business that are taxable by this state.".
SB55-ASA1-AA1,586,12 12975. Page 730, line 23: after "(5)" insert "or 560.798 (3)".
SB55-ASA1-AA1,586,13 13976. Page 731, line 2: after "(e)" insert "or 560.798".
SB55-ASA1-AA1,586,14 14977. Page 732, line 16: after "(5)" insert "or 560.798 (3)".
SB55-ASA1-AA1,586,15 15978. Page 733, line 18: after "(5)" insert "or 560.798 (3)".
SB55-ASA1-AA1,586,16 16979. Page 734, line 2: after "(5)" insert "or 560.798 (3)".
SB55-ASA1-AA1,586,17 17980. Page 734, line 8: after that line insert:
SB55-ASA1-AA1,586,18 18" Section 2146m. 71.07 (2dx) (a) 2. of the statutes is amended to read:
SB55-ASA1-AA1,586,2219 71.07 (2dx) (a) 2. "Development zone" means a development zone under s.
20560.70, a development opportunity zone under s. 560.795 or , an enterprise
21development zone under s. 560.797, or an agricultural development zone under s.
22560.798
.".
SB55-ASA1-AA1,586,23 23981. Page 734, line 22: after that line insert:
SB55-ASA1-AA1,586,24 24" Section 2147d. 71.07 (2dx) (b) (intro.) of the statutes is amended to read:
SB55-ASA1-AA1,587,5
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 entitled under s. 560.795
3(3) to claim tax benefits or certified under s. 560.765 (3) or, 560.797 (4) or 560.798 (3),
4any person may claim as a credit against taxes imposed on the person's income from
5the person's business activities in a development zone the following amounts:
SB55-ASA1-AA1, s. 2147g 6Section 2147g. 71.07 (2dx) (c) of the statutes is amended to read:
SB55-ASA1-AA1,587,167 71.07 (2dx) (c) Credit precluded. If the certification of a person for tax benefits
8under s. 560.765 (3) or, 560.797 (4) or 560.798 (3) is revoked, or if the person becomes
9ineligible for tax benefits under s. 560.795 (3), that person may not claim credits
10under this subsection for the taxable year that includes the day on which the
11certification is revoked; the taxable year that includes the day on which the person
12becomes ineligible for tax benefits; or succeeding taxable years and that person may
13not carry over unused credits from previous years to offset tax under this chapter for
14the taxable year that includes the day on which certification is revoked; the taxable
15year that includes the day on which the person becomes ineligible for tax benefits;
16or succeeding taxable years.
SB55-ASA1-AA1, s. 2147h 17Section 2147h. 71.07 (2dx) (d) of the statutes is amended to read:
SB55-ASA1-AA1,587,2418 71.07 (2dx) (d) Carry-over precluded. If a person who is entitled under s.
19560.795 (3) to claim tax benefits or certified under s. 560.765 (3) or, 560.797 (4) or
20560.798 (3)
for tax benefits ceases business operations in the development zone
21during any of the taxable years that that zone exists, that person may not carry over
22to any taxable year following the year during which operations cease any unused
23credits from the taxable year during which operations cease or from previous taxable
24years.".
SB55-ASA1-AA1,588,1
1982. Page 735, line 20: after that line insert:
SB55-ASA1-AA1,588,2 2" Section 2148m. 71.07 (5r) of the statutes is created to read:
SB55-ASA1-AA1,588,33 71.07 (5r) Education credit. (a) In this subsection:
SB55-ASA1-AA1,588,64 1. "Claimant" means a sole proprietor, a partner, a member of a limited liability
5company, or a shareholder of a tax-option corporation who files a claim under this
6subsection.
SB55-ASA1-AA1,588,87 2. "Degree-granting program" means an educational program for which an
8associate, a bachelor's, or a graduate degree is awarded upon successful completion.
SB55-ASA1-AA1,588,99 3. "Family member" has the meaning given in s. 157.061 (7).
SB55-ASA1-AA1,588,1210 4. "Managing employee" means an individual who wholly or partially exercises
11operational or managerial control over, or who directly or indirectly conducts, the
12operation of the claimant's business.
SB55-ASA1-AA1,588,1313 5. "Poverty line" has the meaning given under s. 49.001 (5).
SB55-ASA1-AA1,588,1414 6. "Qualified postsecondary institution" means all of the following:
SB55-ASA1-AA1,588,1715 a. A University of Wisconsin System institution, a technical college system
16institution, or a regionally accredited 4-year nonprofit college or university having
17its regional headquarters and principal place of business in this state.
SB55-ASA1-AA1,588,1918 b. A school approved under s. 45.54, if the school has a physical presence, and
19the delivery of education occurs, in this state.
SB55-ASA1-AA1,588,2120 (b) Subject to the limitations provided in this subsection, a claimant may claim
21as a credit against the tax imposed under s. 71.02 an amount equal to the following:
SB55-ASA1-AA1,589,222 1. Fifty percent of the tuition that the claimant paid or incurred during the
23taxable year for an individual to participate in an education program of a qualified

1postsecondary institution, if the individual was enrolled in a degree-granting
2program.
SB55-ASA1-AA1,589,83 2. Seventy five percent of the tuition that the claimant paid or incurred during
4the taxable year for an individual to participate in an education program of a
5qualified postsecondary institution, if the individual was enrolled in a
6degree-granting program and if the individual's taxable income in the year prior to
7commencing participation in the education program in connection with which a
8credit is claimed is not more than 185% of the poverty line.
SB55-ASA1-AA1,589,119 (c) A claimant may not claim the credit under par. (b) for any tuition amounts
10that the claimant excluded under s. 71.05 (6) (b) 28. or under section 127 of the
11Internal Revenue Code.
SB55-ASA1-AA1,589,1412 (cm) A claimant may not claim the credit under par. (b) for any tuition amounts
13that the claimant paid or incurred for a family member of the claimant or for a family
14member of a managing employee unless all of the following apply:
SB55-ASA1-AA1,589,1815 1. The family member was employed an average of at least 20 hours a week as
16an employee of the claimant, or the claimant's business, during the one-year period
17prior to commencing participation in the education program in connection with
18which the claimant claims a credit under par. (b).
SB55-ASA1-AA1,589,2019 2. The family member is enrolled in a degree-granting program that is
20substantially related to the claimant's business.
SB55-ASA1-AA1,589,2221 3. The family member is making satisfactory progress towards completing the
22degree-granting program under subd. 2.
SB55-ASA1-AA1,589,2423 (d) The carry-over provisions of s. 71.28 (4) (e) and (f), as they apply to the credit
24under s. 71.28 (4), apply to the credit under this subsection.
SB55-ASA1-AA1,590,8
1(e) Partnerships, limited liability companies, and tax-option corporations may
2not claim the credit under this subsection, but the eligibility for, and the amount of,
3the credit are based on their payment of tuition under par. (b). A partnership, limited
4liability company, or tax-option corporation shall compute the amount of credit that
5each of its partners, members, or shareholders may claim and shall provide that
6information to each of them. Partners, members of limited liability companies, and
7shareholders of tax-option corporations may claim the credit in proportion to their
8ownership interest.
SB55-ASA1-AA1,590,109 (f) Section 71.28 (4) (g) and (h), as it applies to the credit under s. 71.28 (4),
10applies to the credit under this subsection.".
SB55-ASA1-AA1,590,11 11983. Page 735, line 20: after that line insert:
SB55-ASA1-AA1,590,12 12" Section 2148n. 71.07 (5d) of the statutes is created to read:
SB55-ASA1-AA1,590,1413 71.07 (5d) Industrial, service, and skilled trades apprenticeship credit. (a)
14In this subsection:
SB55-ASA1-AA1,590,2115 1. "Apprentice" means a person who participates in a 2-year to 5-year
16apprenticeship program, as determined and approved by the department, in which
17the person receives instruction leading to qualification as a skilled journeyman in
18any industrial manufacturing trade or private sector service occupation or receives
19instruction in the construction trades leading to qualification as a skilled
20journeyman carpenter, including a floor coverer, millwright, or pile driver; laborer;
21ironworker; or painter, including a taper.
SB55-ASA1-AA1,590,2322 2. "Claimant" means a person who files a claim under this subsection and who
23is a trades trainer, as determined and approved by the department.
SB55-ASA1-AA1,590,2424 3. "Department" means the department of workforce development.
SB55-ASA1-AA1,591,8
1(b) Subject to the limitations provided in this subsection, for taxable years
2beginning after June 30, 2003, a claimant may claim as a credit against the taxes
3imposed under s. 71.02 an amount that is equal to 5% of the wages that the claimant
4paid to an apprentice in the taxable year, but not to exceed $1,400, except that a
5claimant may claim as a credit against the taxes imposed under s. 71.02 an amount
6that is equal to 8% of the wages that the claimant paid to an apprentice in the taxable
7year in which the apprentice completes an apprenticeship program, but not to exceed
8$3,000.
SB55-ASA1-AA1,591,129 (c) No claimant may receive a credit under this subsection unless the claimant
10enters into an agreement with the department permitting the department to post on
11the department's Internet site the claimant's name and address and the number of
12apprentices employed by the claimant during the calendar year.
SB55-ASA1-AA1,591,2313 (d) This subsection does not apply to taxable years that begin after June 30,
142006, if the number of employers training apprentices in department-approved
15programs does not increase by more than 40% from July 1, 2003, to June 30, 2006,
16as determined by the department, except that a claimant who has claimed a credit
17for an apprentice's wages in any taxable year beginning before July 1, 2006, may
18continue to claim a credit for the apprentice's wages in succeeding taxable years,
19until the apprentice completes the apprenticeship program. As soon as practicable
20after June 30, 2006, the department shall certify to the department of revenue the
21number of employers training apprentices in approved programs on July 1, 2003, and
22the number of employers training apprentices in approved programs on June 30,
232006.
SB55-ASA1-AA1,591,2524 (e) The carry-over provisions of s. 71.28 (4) (e) and (f), as they apply to the credit
25under s. 71.28 (4), apply to the credit under this subsection.
SB55-ASA1-AA1,592,8
1(f) Partnerships, limited liability companies, and tax-option corporations may
2not claim the credit under this subsection, but the eligibility for, and the amount of,
3the credit are based on their payment of wages under par. (b). A partnership, limited
4liability company, or tax-option corporation shall compute the amount of credit that
5each of its partners, members, or shareholders may claim and shall provide that
6information to each of them. Partners, members of limited liability companies, and
7shareholders of tax-option corporations may claim the credit in proportion to their
8ownership interests.
SB55-ASA1-AA1,592,109 (g) Section 71.28 (4) (g) and (h), as it applies to the credit under s. 71.28 (4),
10applies to the credit under this subsection.".
SB55-ASA1-AA1,592,11 11984. Page 735, line 20: after that line insert:
SB55-ASA1-AA1,592,12 12" Section 2148m. 71.07 (5) (a) 15. of the statutes is amended to read:
SB55-ASA1-AA1,592,1813 71.07 (5) (a) 15. The amount claimed as a deduction for medical care insurance
14under section 213 of the Internal Revenue Code that is exempt from taxation under
15s. 71.05 (6) (b) 17. to 20. and 34. and the amount claimed as a deduction for a
16long-term care insurance policy under section 213 (d) (1) (D) of the Internal Revenue
17Code, as defined in section 7702B (b) of the Internal Revenue Code that is exempt
18from taxation under s. 71.05 (6) (b) 26.".
SB55-ASA1-AA1,592,19 19985. Page 735, line 20: after that line insert:
SB55-ASA1-AA1,592,20 20" Section 2148p. 71.07 (5s) of the statutes is created to read:
SB55-ASA1-AA1,592,2221 71.07 (5s) Conservation land, conservation easement tax credit. (a)
22Definitions. In this subsection:
SB55-ASA1-AA1,593,3
11. "Claimant" means an individual, a sole proprietor, a partner, a member of
2a limited liability company, or a shareholder of a tax-option corporation who files a
3claim under this subsection.
SB55-ASA1-AA1,593,44 2. "Conservation easement" has the meaning given in s. 700.40 (1) (a).
SB55-ASA1-AA1,593,85 3. "Local governmental unit" means a political subdivision of this state, a
6special purpose district in this state, an instrumentality or corporation of such a
7political subdivision or special purpose district, a combination or subunit of any of
8the foregoing, or an instrumentality of the state and any of the foregoing.
SB55-ASA1-AA1,593,109 4. "Nonprofit conservation organization" has the meaning given in s. 23.0955
10(1).
SB55-ASA1-AA1,593,1211 5. "Qualified appraisal" means any appraisal meeting the requirements of the
12regulations prescribed under section 170 (a) (1) of the Internal Revenue Code.
SB55-ASA1-AA1,593,1413 6. "Qualified conservation contribution" has the meaning given in section 170
14(h) of the Internal Revenue Code.
SB55-ASA1-AA1,593,2115 (b) Filing claims. Subject to the limitations provided in this subsection, a
16claimant may claim as a credit against the tax imposed under s. 71.02 an amount
17equal to 50% of the value, based on a qualified appraisal, of property or a
18conservation easement, to the extent that the property or easement is a qualified
19conservation contribution, that is donated to the state, a local governmental unit, or
20a nonprofit conservation organization in the taxable year in which the donation is
21made or the easement is granted.
SB55-ASA1-AA1,593,2322 (c) Limitations. 1. The maximum credit that a claimant may claim under this
23subsection in a taxable year is $100,000.
SB55-ASA1-AA1,593,2524 2. No credit may be allowed under this subsection unless it is claimed within
25the time period under s. 71.75 (2).
SB55-ASA1-AA1,594,4
13. Section 71.28 (4) (e) and (f), as it applies to the credit under s. 71.28 (4),
2applies to the credit under this subsection, except that with regard to the carry-over
3provisions in s. 71.28 (4) (f) the maximum number of years that the credit under this
4subsection may be carried forward is 10 years.
SB55-ASA1-AA1,594,125 4. Partnerships, limited liability companies, and tax-option corporations may
6not claim the credit under this subsection, but the eligibility for, and the amount of,
7the credit are based on the amount calculated under par. (b). A partnership, limited
8liability company, or tax-option corporation shall compute the amount of credit that
9each of its partners, members, or shareholders may claim and shall provide that
10information to each of them. Partners, members of limited liability companies, and
11shareholders of tax-option corporations may claim the credit in proportion to their
12ownership interest.
SB55-ASA1-AA1,594,1413 (5) Part-year residents and nonresidents of this state are not eligible for the
14credit under this subsection.
SB55-ASA1-AA1,594,1915 (d) Administration. The department of revenue may enforce the credit under
16this subsection and may take any action, conduct any proceeding, and proceed as it
17is authorized in respect to taxes under this chapter. The income tax provisions in this
18chapter relating to assessments, refunds, appeals, collection, interest, and penalties
19apply to the credit under this subsection.".
SB55-ASA1-AA1,594,20 20986. Page 737, line 24: after that line insert:
SB55-ASA1-AA1,594,21 21" Section 2150m. 71.10 (4) (cd) of the statutes is created to read:
SB55-ASA1-AA1,594,2222 71.10 (4) (cd) The education credit under s. 71.07 (5r).".
SB55-ASA1-AA1,594,23 23987. Page 737, line 24: after that line insert:
SB55-ASA1-AA1,594,24 24" Section 2150s. 71.10 (4) (cp) of the statutes is created to read:
SB55-ASA1-AA1,595,2
171.10 (4) (cp) Industrial, service, and skilled trades apprenticeship credit
2under s. 71.07 (5d).".
SB55-ASA1-AA1,595,3 3988. Page 737, line 24: after that line insert:
SB55-ASA1-AA1,595,4 4" Section 2150t. 71.10 (3) (a) (title) of the statutes is created to read:
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