LRBb1354/1
JK:wlj:pg
2001 - 2002 LEGISLATURE
ASSEMBLY AMENDMENT 58,
TO ASSEMBLY SUBSTITUTE AMENDMENT 1,
TO 2001 SENATE BILL 55
June 29, 2001 - Offered by Representative Plale.
SB55-ASA1-AA58,1,55
71.07
(5d) Breast-milk facility credit. (a) In this subsection:
SB55-ASA1-AA58,1,96
1. "Breast-milk facility" means a private location that has a clean water source,
7a sink, and equipment for the pumping and storage of breast milk, and is used
8exclusively by a claimant's employees to pump and store breast milk during the
9employees' working hours.
SB55-ASA1-AA58,1,1210
2. "Claimant" means a sole proprietor, a partner, a member of a limited liability
11company, or a shareholder of a tax option corporation who files a claim under this
12subsection.
SB55-ASA1-AA58,2,5
1(b) A claimant may claim as a credit against the tax imposed under s. 71.02 an
2amount equal to 50% of the amount paid or incurred to construct or equip a
3breast-milk facility in this state, up to a maximum credit of $5,000. A claimant may
4claim a credit in each succeeding taxable year that the claimant constructs or equips
5an additional breast-milk facility.
SB55-ASA1-AA58,2,76
(c) The carry-over provisions of s. 71.28 (4) (e) and (f), as they apply to the credit
7under s. 71.28 (4), apply to the credit under this subsection.
SB55-ASA1-AA58,2,158
(d) Partnerships, limited liability companies, and tax-option corporations may
9not claim the credit under this subsection, but the eligibility for, and the amount of,
10the credit are based on the amount paid or incurred under par. (b). A partnership,
11limited liability company, or tax-option corporation shall compute the amount of
12credit that each of its partners, members, or shareholders may claim and shall
13provide that information to each of them. Partners, members of limited liability
14companies, and shareholders of tax-option corporations may claim the credit in
15proportion to their ownership interest.
SB55-ASA1-AA58,2,1716
(e) Section 71.28 (4) (g) and (h), as it applies to the credit under s. 71.28 (4),
17applies to the credit under this subsection.".
SB55-ASA1-AA58,2,2020
71.10
(4) (dw) Breast-milk facility credit under s. 71.07 (5d).".
SB55-ASA1-AA58,3,1
171.28
(5d) Breast-milk facility credit. (a) In this subsection:
SB55-ASA1-AA58,3,52
1. "Breast-milk facility" means a private location that has a clean water source,
3a sink, and equipment for the pumping and storage of breast milk, and is used
4exclusively by a claimant's employees to pump and store breast milk during the
5employees' working hours.
SB55-ASA1-AA58,3,66
2. "Claimant" means a person who files a claim under this subsection.
SB55-ASA1-AA58,3,117
(b) A claimant may claim as a credit against the tax imposed under s. 71.23 an
8amount equal to 50% of the amount paid to construct or equip a breast-milk facility
9in this state, up to a maximum credit of $5,000. A claimant may claim a credit in each
10succeeding taxable year that the claimant constructs or equips an additional
11breast-milk facility.
SB55-ASA1-AA58,3,1312
(c) The carry-over provisions of sub. (4) (e) and (f), as they apply to the credit
13under sub. (4), apply to the credit under this subsection.
SB55-ASA1-AA58,3,2114
(d) Partnerships, limited liability companies, and tax-option corporations may
15not claim the credit under this subsection, but the eligibility for, and the amount of,
16the credit are based on the amount paid or incurred under par. (b). A partnership,
17limited liability company, or tax-option corporation shall compute the amount of
18credit that each of its partners, members, or shareholders may claim and shall
19provide that information to each of them. Partners, members of limited liability
20companies, and shareholders of tax-option corporations may claim the credit in
21proportion to their ownership interest.
SB55-ASA1-AA58,3,2322
(e) Subsection (4) (g) and (h), as it applies to the credit under sub. (4), applies
23to the credit under this subsection.
SB55-ASA1-AA58,3,2525
71.30
(3) (dm) Breast-milk facility credit under s. 71.28 (5d).".
SB55-ASA1-AA58,4,3
3"
Section 2148m. 71.45 (2) (a) 10. of the statutes is amended to read:
SB55-ASA1-AA58,4,94
71.45
(2) (a) 10. By adding to federal taxable income the amount of credit
5computed under s. 71.47 (1dd) to (1dx)
and (5d) and not passed through by a
6partnership, limited liability company or tax-option corporation that has added that
7amount to the partnership's, limited liability company's or tax-option corporation's
8income under s. 71.21 (4) or 71.34 (1) (g) and the amount of credit computed under
9s. 71.47 (1), (3), (4) and (5).".
SB55-ASA1-AA58,4,1212
71.47
(5d) Breast-milk facility credit. (a) In this subsection:
SB55-ASA1-AA58,4,1613
1. "Breast-milk facility" means a private location that has a clean water source,
14a sink, and equipment for the pumping and storage of breast milk, and is used
15exclusively by a claimant's employees to pump and store breast milk during the
16employees' working hours.
SB55-ASA1-AA58,4,1717
2. "Claimant" means a person who files a claim under this subsection.
SB55-ASA1-AA58,4,2218
(b) A claimant may claim as a credit against the tax imposed under s. 71.43 an
19amount equal to 50% of the amount paid or incurred to construct or equip a
20breast-milk facility in this state, up to a maximum credit of $5,000. A claimant may
21claim a credit in each succeeding taxable year that the claimant constructs or equips
22an additional breast-milk facility.
SB55-ASA1-AA58,4,2423
(c) 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-AA58,5,8
1(d) 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 the amount paid or incurred under par. (b). A partnership,
4limited liability company, or tax-option corporation shall compute the amount of
5credit that each of its partners, members, or shareholders may claim and shall
6provide that information to each of them. Partners, members of limited liability
7companies, and shareholders of tax-option corporations may claim the credit in
8proportion to their ownership interest.
SB55-ASA1-AA58,5,109
(e) 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-AA58,5,1212
71.49
(1) (dm) Breast-milk facility credit under s. 71.47 (5d).".
SB55-ASA1-AA58,5,23
16"(11m)
Breast-milk facility credit. The treatment of sections 71.07 (5d), 71.10
17(4) (dw), 71.28 (5d), 71.30 (3) (dm), 71.45 (2) (a) 10., 71.47 (5d), and 71.49 (1) (dm) of
18the statutes first applies to taxable years beginning on January 1 of the year in which
19this subsection takes effect, except that if this subsection takes effect after July 31
20the treatment of sections 71.07 (5d), 71.10 (4) (dw), 71.28 (5d), 71.30 (3) (dm), 71.45
21(2) (a) 10., 71.47 (5d), and 71.49 (1) (dm) of the statutes first applies to taxable years
22beginning on January 1 of the year after the year in which this subsection takes
23effect.".
