AB100-ASA1, s. 1382d 18Section 1382d. 71.28 (3n) (e) of the statutes is renumbered 71.28 (3n) (e) 1.
19and amended to read:
AB100-ASA1,650,320 71.28 (3n) (e) 1. Partnerships, limited liability companies, and tax-option
21corporations may not claim the credit under this subsection, but the eligibility for,
22and the amount of, the credit are based on their payment of expenses under par. (b),
23except that the aggregate amount of credits that the entity may compute shall not
24exceed $50,000
. A partnership, limited liability company, or tax-option corporation
25shall compute the amount of credit that each of its partners, members, or

1shareholders may claim and shall provide that information to each of them.
2Partners, members of limited liability companies, and shareholders of tax-option
3corporations may claim the credit in proportion to their ownership interest.
AB100-ASA1, s. 1382e 4Section 1382e. 71.28 (3n) (e) 2. of the statutes is created to read:
AB100-ASA1,650,85 71.28 (3n) (e) 2. If 2 or more persons own and operate the dairy or livestock
6farm, each person may claim a credit under par. (b) in proportion to his or her
7ownership interest, except that the aggregate amount of the credits claimed by all
8persons who own and operate the farm shall not exceed $50,000.
AB100-ASA1, s. 1383 9Section 1383. 71.28 (4) (a) of the statutes is amended to read:
AB100-ASA1,650,2310 71.28 (4) (a) Credit. Any corporation may credit against taxes otherwise due
11under this chapter an amount equal to 5% of the amount obtained by subtracting
12from the corporation's qualified research expenses, as defined in section 41 of the
13internal revenue code, except that "qualified research expenses" includes only
14expenses incurred by the claimant, incurred for research conducted in this state for
15the taxable year, except that a taxpayer may elect the alternative computation under
16section 41 (c) (4) of the Internal Revenue Code and that election applies until the
17department permits its revocation and except that "qualified research expenses"
18does not include compensation used in computing the credit under subs. (1dj) and
19(1dx), the corporation's base amount, as defined in section 41 (c) of the internal
20revenue code, except that gross receipts used in calculating the base amount means
21gross receipts from sales attributable to Wisconsin under s. 71.25 (9) (b) 1. and 2. and,
22(d), (df), and (dh). Section 41 (h) of the internal revenue code does not apply to the
23credit under this paragraph.
AB100-ASA1, s. 1384 24Section 1384. 71.28 (4) (am) 1. of the statutes is amended to read:
AB100-ASA1,651,23
171.28 (4) (am) 1. In addition to the credit under par. (a), any corporation may
2credit against taxes otherwise due under this chapter an amount equal to 5% of the
3amount obtained by subtracting from the corporation's qualified research expenses,
4as defined in section 41 of the internal revenue code, except that "qualified research
5expenses" include only expenses incurred by the claimant in a development zone
6under subch. VI of ch. 560, except that a taxpayer may elect the alternative
7computation under section 41 (c) (4) of the Internal Revenue Code and that election
8applies until the department permits its revocation and except that "qualified
9research expenses" do not include compensation used in computing the credit under
10sub. (1dj) nor research expenses incurred before the claimant is certified for tax
11benefits under s. 560.765 (3), the corporation's base amount, as defined in section 41
12(c) of the internal revenue code, in a development zone, except that gross receipts
13used in calculating the base amount means gross receipts from sales attributable to
14Wisconsin under s. 71.25 (9) (b) 1. and 2. and, (d), (df), and (dh) and research expenses
15used in calculating the base amount include research expenses incurred before the
16claimant is certified for tax benefits under s. 560.765 (3), in a development zone, if
17the claimant submits with the claimant's return a copy of the claimant's certification
18for tax benefits under s. 560.765 (3) and a statement from the department of
19commerce verifying the claimant's qualified research expenses for research
20conducted exclusively in a development zone. The rules under s. 73.03 (35) apply to
21the credit under this subdivision. The rules under sub. (1di) (f) and (g) as they apply
22to the credit under that subsection apply to claims under this subdivision. Section
2341 (h) of the internal revenue code does not apply to the credit under this subdivision.
AB100-ASA1, s. 1385 24Section 1385. 71.28 (4) (i) of the statutes is amended to read:
AB100-ASA1,652,6
171.28 (4) (i) Nonclaimants. The credits under this subsection may not be
2claimed by a partnership, except a publicly traded partnership treated as a
3corporation under s. 71.22 (1) (1k), limited liability company, except a limited
4liability company treated as a corporation under s. 71.22 (1) (1k), or tax-option
5corporation or by partners, including partners of a publicly traded partnership,
6members of a limited liability company or shareholders of a tax-option corporation.
AB100-ASA1, s. 1385h 7Section 1385h. 71.28 (5g) of the statutes is created to read:
AB100-ASA1,652,108 71.28 (5g) Health insurance risk-sharing plan assessments credit. (a)
9Definitions. In this subsection, "claimant" means an insurer, as defined in s. 149.10
10(5), who files a claim under this subsection.
AB100-ASA1,652,1511 (b) Filing claims. Subject to the limitations provided under this subsection, for
12taxable years beginning after December 31, 2005, a claimant may claim as a credit
13against the taxes imposed under s. 71.23 an amount that is equal to a percentage of
14the amount of assessment under s. 149.13 that the claimant paid in the taxable year,
15as determined under par. (c) 1.
AB100-ASA1,652,2016 (c) Limitations. 1. The department of revenue, in consultation with the office
17of the commissioner of insurance, shall determine the percentage under par. (b) for
18each claimant for each taxable year so that the cost of the credit under this subsection
19and ss. 71.07 (5g), 71.47 (5g), and 76.655 is as close as practicable to $2,000,000 in
20the 2006-07 fiscal year and $5,000,000 in each fiscal year thereafter.
AB100-ASA1,653,321 2. Partnerships, limited liability companies, and tax-option corporations may
22not claim the credit under this subsection, but the eligibility for, and the amount of,
23the credit are based on their payment of amounts described under par. (b). A
24partnership, limited liability company, or tax-option corporation shall compute the
25amount of credit that each of its partners, members, or shareholders may claim and

1shall provide that information to each of them. Partners, members of limited liability
2companies, and shareholders of tax-option corporations may claim the credit in
3proportion to their ownership interests.
AB100-ASA1,653,54 (d) Administration. Subsection (4) (e) to (h), as it applies to the credit under
5sub. (4), applies to the credit under this subsection.
AB100-ASA1, s. 1385p 6Section 1385p. 71.30 (3) (dm) of the statutes is created to read:
AB100-ASA1,653,87 71.30 (3) (dm) Health insurance risk-sharing plan assessments credit under
8s. 71.28 (5g).
AB100-ASA1, s. 1386 9Section 1386. 71.30 (11) of the statutes is created to read:
AB100-ASA1,653,1110 71.30 (11) Veterans trust fund. (a) Definitions. In this subsection, "veterans
11trust fund" means the fund under s. 25.36.
AB100-ASA1,653,1512 (b) Voluntary payments. 1. `Designation on return.' A corporation filing an
13income or franchise tax return may designate on the return any amount of additional
14payment or any amount of a refund that is due the corporation as a donation to the
15veterans trust fund to be used for veterans programs under s. 25.36 (1).
AB100-ASA1,653,1816 2. `Designation added to tax owed.' If the corporation owes any tax, the
17corporation shall remit in full the tax due and the amount designated on the return
18as a donation to the veterans trust fund when the corporation files a tax return.
AB100-ASA1,653,2219 3. `Designation deducted from refund.' Except as provided under par. (d), and
20subject to ss. 71.75 (9) and 71.80 (3), if the corporation is owed a refund, the
21department shall deduct the amount designated on the return as a donation to the
22veterans trust fund from the amount of the refund.
AB100-ASA1,654,323 (c) Errors; failure to remit correct amount. 1. `Reduced designation.' If a
24corporation remits an amount that exceeds the tax due, after error corrections, but
25that is less than the total of the tax due, after error corrections, and the amount

1designated by the corporation on the return as a donation to the veterans trust fund,
2the department shall reduce the designation to reflect the amount remitted that
3exceeds the tax due, after error corrections.
AB100-ASA1,654,64 2. `Void designation.' The designation for a donation to the veterans trust fund
5is void if the corporation remits an amount equal to or less than the tax due, after
6error corrections.
AB100-ASA1,654,117 (d) Errors; insufficient refund. If a corporation is owed a refund that is less than
8the amount designated on the return as a donation to the veterans trust fund, after
9attachment and crediting under ss. 71.75 (9) and 71.80 (3) and after error corrections,
10the department shall reduce the designation to reflect the actual amount of the
11refund the corporation is otherwise owed.
AB100-ASA1,654,1312 (e) Conditions. If a corporation places any conditions on a designation for a
13donation to the veterans trust fund, the designation is void.
AB100-ASA1,654,1614 (f) Void designation. If a designation for a donation to the veterans trust fund
15is void, the department shall disregard the designation and determine the amounts
16due, owed, refunded, and received.
AB100-ASA1,654,2017 (g) Tax return. The secretary of revenue shall provide a place for the
18designations under this subsection on the corporate income and franchise tax
19returns and the secretary shall highlight that place on the returns by a symbol
20chosen by the department of veterans affairs that relates to veterans.
AB100-ASA1,654,2321 (h) Certification of amounts. Annually, on or before September 15, the
22secretary of revenue shall certify to the department of veterans affairs and the
23department of administration:
AB100-ASA1,655,3
11. The total amount of the administrative costs, including data processing
2costs, incurred by the department of revenue in administering this subsection during
3the previous fiscal year.
AB100-ASA1,655,54 2. The total amount received from all designations to the veterans trust fund
5under this subsection made by corporations during the previous fiscal year.
AB100-ASA1,655,76 3. The net amount remaining after the administrative costs under subd. 1. are
7subtracted from the total received under subd. 2.
AB100-ASA1,655,138 (i) Appropriations. From the moneys received from designations to the
9veterans trust fund under this subsection, an amount equal to the sum of
10administrative expenses certified under par. (h) 1. shall be deposited into the general
11fund and credited to the appropriation under s. 20.566 (1) (hp), and the net amount
12remaining certified under par. (h) 3. shall be deposited into the veterans trust fund
13and used for the veterans programs under s. 25.36 (1).
AB100-ASA1,655,2114 (j) Refunds. An amount designated as a donation to the veterans trust fund
15under this subsection is not subject to refund to a corporation that designates the
16donation unless the corporation submits information to the satisfaction of the
17department within 18 months from the date that taxes are due from the corporation
18or from the date that the corporation filed the return, whichever is later, that the
19amount designated is clearly in error. A refund granted by the department under
20this paragraph shall be deducted from the moneys received under this subsection in
21the fiscal year that the refund is certified under 71.75 (7).
AB100-ASA1, s. 1386m 22Section 1386m. 71.34 (1) (g) of the statutes is amended to read:
AB100-ASA1,655,2523 71.34 (1) (g) An addition shall be made for credits computed by a tax-option
24corporation under s. 71.28 (1dd), (1de), (1di), (1dj), (1dL), (1dm), (1ds), (1dx), (3), (3g),
25(3n), (3t), and (5b), and (5g) and passed through to shareholders.
AB100-ASA1, s. 1387
1Section 1387. 71.34 (1g) (j) of the statutes is repealed.
AB100-ASA1, s. 1388 2Section 1388. 71.34 (1g) (k) of the statutes is repealed.
AB100-ASA1, s. 1389 3Section 1389. 71.34 (1g) (L) of the statutes is amended to read:
AB100-ASA1,657,254 71.34 (1g) (L) "Internal Revenue Code" for tax-option corporations, for taxable
5years that begin after December 31, 1996, and before January 1, 1998, means the
6federal Internal Revenue Code as amended to December 31, 1996, excluding
7sections 103, 104, and 110 of P.L. 102-227, sections 13113, 13150 (d), 13171 (d),
813174, and 13203 (d) of P.L. 103-66 and sections 1123 (b), 1202 (c), 1204 (f), 1311, and
91605 (d) of P.L. 104-188, and as amended by P.L. 105-33, P.L. 105-34, P.L. 105-206,
10P.L. 105-277, P.L. 106-36, P.L. 106-554, excluding sections 162 and 165 of P.L.
11106-554, P.L. 107-16, excluding section 431 of P.L. 107-16, P.L. 107-134, P.L.
12107-147, excluding sections 101 and 406 of P.L. 107-147, and P.L. 107-181, P.L.
13108-121, excluding section 109 of P.L. 108-121, P.L. 108-311, excluding sections 306,
14307, 308, 401, and 403 (a) of P.L. 108-311, and P.L. 108-357, excluding sections 101,
15201, 244, 336, 337, 909, and 910 of P.L. 108-357,
and as indirectly affected in the
16provisions applicable to this subchapter by P.L. 99-514, P.L. 100-203, P.L. 100-647
17excluding sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2), 821 (b) (2), and 823 (c) (2)
18of P.L. 99-514 and section 1008 (g) (5) of P.L. 100-647, P.L. 101-73, P.L. 101-140, P.L.
19101-179, P.L. 101-239, P.L. 101-508, P.L. 102-227, excluding sections 103, 104, and
20110 of P.L. 102-227, P.L. 102-318, P.L. 102-486, P.L. 103-66, excluding sections
2113113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L. 103-66, P.L. 103-296, P.L.
22103-337, P.L. 103-465, P.L. 104-7, P.L. 104-188, excluding sections 1123 (b), 1202
23(c), 1204 (f), 1311, and 1605 (d) of P.L. 104-188, P.L. 104-191, P.L. 104-193, P.L.
24105-33, P.L. 105-34, P.L. 105-206, P.L. 105-277, P.L. 106-36, P.L. 106-554,
25excluding sections 162 and 165 of P.L. 106-554, P.L. 107-16, excluding section 431

1of P.L. 107-16, P.L. 107-134, P.L. 107-147, excluding sections 101 and 406 of P.L.
2107-147, and P.L. 107-181, P.L. 108-121, excluding section 109 of P.L. 108-121, P.L.
3108-311, excluding sections 306, 307, 308, 401, and 403 (a) of P.L. 108-311, and P.L.
4108-357, excluding sections 101, 201, 244, 336, 337, 909, and 910 of P.L. 108-357,

5except that section 1366 (f) (relating to pass-through of items to shareholders) is
6modified by substituting the tax under s. 71.35 for the taxes under sections 1374 and
71375. The Internal Revenue Code applies for Wisconsin purposes at the same time
8as for federal purposes. Amendments to the federal Internal Revenue Code enacted
9after December 31, 1996, do not apply to this paragraph with respect to taxable years
10beginning after December 31, 1996, and before January 1, 1998, except that
11changes to the Internal Revenue Code made by P.L. 105-33, P.L. 105-34, P.L.
12105-206, P.L. 105-277, P.L. 106-36, P.L. 106-554, excluding sections 162 and 165 of
13P.L. 106-554, P.L. 107-16, excluding section 431 of P.L. 107-16, P.L. 107-134, P.L.
14107-147, excluding sections 101 and 406 of P.L. 107-147, and P.L. 107-181, P.L.
15108-121, excluding section 109 of P.L. 108-121, P.L. 108-311, excluding sections 306,
16307, 308, 401, and 403 (a) of P.L. 108-311, and P.L. 108-357, excluding sections 101,
17201, 244, 336, 337, 909, and 910 of P.L. 108-357,
and changes that indirectly affect
18the provisions applicable to this subchapter made by P.L. 105-33, P.L. 105-34, P.L.
19105-206, P.L. 105-277, P.L. 106-36, P.L. 106-554, excluding sections 162 and 165 of
20P.L. 106-554, P.L. 107-16, excluding section 431 of P.L. 107-16, P.L. 107-134, P.L.
21107-147, excluding sections 101 and 406 of P.L. 107-147, and P.L. 107-181, P.L.
22108-121, excluding section 109 of P.L. 108-121, P.L. 108-311, excluding sections 306,
23307, 308, 401, and 403 (a) of P.L. 108-311, and P.L. 108-357, excluding sections 101,
24201, 244, 336, 337, 909, and 910 of P.L. 108-357,
apply for Wisconsin purposes at the
25same time as for federal purposes.
AB100-ASA1, s. 1390
1Section 1390. 71.34 (1g) (m) of the statutes is amended to read:
AB100-ASA1,659,232 71.34 (1g) (m) "Internal Revenue Code" for tax-option corporations, for taxable
3years that begin after December 31, 1997, and before January 1, 1999, means the
4federal Internal Revenue Code as amended to December 31, 1997, excluding sections
5103, 104, and 110 of P.L. 102-227, sections 13113, 13150 (d), 13171 (d), 13174, and
613203 (d) of P.L. 103-66 and sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d)
7of P.L. 104-188, and as amended by P.L. 105-178, P.L. 105-206, P.L. 105-277, P.L.
8106-36, P.L. 106-170, P.L. 106-554, excluding sections 162 and 165 of P.L. 106-554,
9P.L. 107-16, excluding section 431 of P.L. 107-16, P.L. 107-134, P.L. 107-147,
10excluding sections 101 and 406 of P.L. 107-147, P.L. and 107-181, P.L. 108-121,
11excluding section 109 of P.L. 108-121, P.L. 108-311, excluding sections 306, 307, 308,
12401, and 403 (a) of P.L. 108-311, and P.L. 108-357, excluding sections 101, 201, 244,
13336, 337, 909, and 910 of P.L. 108-357,
and as indirectly affected in the provisions
14applicable to this subchapter by P.L. 99-514, P.L. 100-203, P.L. 100-647 excluding
15sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2), 821 (b) (2), and 823 (c) (2) of P.L. 99-514
16and section 1008 (g) (5) of P.L. 100-647, P.L. 101-73, P.L. 101-140, P.L. 101-179, P.L.
17101-239, P.L. 101-508, P.L. 102-227, excluding sections 103, 104, and 110 of P.L.
18102-227, P.L. 102-318, P.L. 102-486, P.L. 103-66, excluding sections 13113, 13150
19(d), 13171 (d), 13174, and 13203 (d) of P.L. 103-66, P.L. 103-296, P.L. 103-337, P.L.
20103-465, P.L. 104-7, P.L. 104-188, excluding sections 1123 (b), 1202 (c), 1204 (f),
211311, and 1605 (d) of P.L. 104-188, P.L. 104-191, P.L. 104-193, P.L. 105-33, P.L.
22105-34, P.L. 105-178, P.L. 105-206, P.L. 105-277, P.L. 106-36, P.L. 106-170, P.L.
23106-554, excluding sections 162 and 165 of P.L. 106-554, P.L. 107-16, excluding
24section 431 of P.L. 107-16, P.L. 107-134, P.L. 107-147, excluding sections 101 and
25406 of P.L. 107-147, and P.L. 107-181, P.L. 108-121, excluding section 109 of P.L.

1108-121, P.L. 108-311, excluding sections 306, 307, 308, 401, and 403 (a) of P.L.
2108-311, and P.L. 108-357, excluding sections 101, 201, 244, 336, 337, 909, and 910
3of P.L. 108-357,
except that section 1366 (f) (relating to pass-through of items to
4shareholders) is modified by substituting the tax under s. 71.35 for the taxes under
5sections 1374 and 1375. The Internal Revenue Code applies for Wisconsin purposes
6at the same time as for federal purposes. Amendments to the federal Internal
7Revenue Code enacted after December 31, 1997, do not apply to this paragraph with
8respect to taxable years beginning after December 31, 1997, and before
9January 1, 1999, except that changes to the Internal Revenue Code made by P.L.
10105-178, P.L. 105-206, P.L. 105-277, P.L. 106-36, P.L. 106-170, P.L. 106-554,
11excluding sections 162 and 165 of P.L. 106-554, P.L. 107-16, excluding section 431
12of P.L. 107-16, P.L. 107-134, P.L. 107-147, excluding sections 101 and 406 of P.L.
13107-147, and P.L. 107-181, P.L. 108-121, excluding section 109 of P.L. 108-121, P.L.
14108-311, excluding sections 306, 307, 308, 401, and 403 (a) of P.L. 108-311, and P.L.
15108-357, excluding sections 101, 201, 244, 336, 337, 909, and 910 of P.L. 108-357,

16and changes that indirectly affect the provisions applicable to this subchapter made
17by P.L. 105-178, P.L. 105-206, P.L. 105-277, P.L. 106-36, P.L. 106-170, P.L. 106-554,
18excluding sections 162 and 165 of P.L. 106-554, P.L. 107-16, excluding section 431
19of P.L. 107-16, P.L. 107-134, P.L. 107-147, excluding sections 101 and 406 of P.L.
20107-147, and P.L. 107-181, P.L. 108-121, excluding section 109 of P.L. 108-121, P.L.
21108-311, excluding sections 306, 307, 308, 401, and 403 (a) of P.L. 108-311, and P.L.
22108-357, excluding sections 101, 201, 244, 336, 337, 909, and 910 of P.L. 108-357,

23apply for Wisconsin purposes at the same time as for federal purposes.
AB100-ASA1, s. 1391 24Section 1391. 71.34 (1g) (n) of the statutes is amended to read:
AB100-ASA1,661,22
171.34 (1g) (n) "Internal Revenue Code" for tax-option corporations, for taxable
2years that begin after December 31, 1998, and before January 1, 2000, means the
3federal Internal Revenue Code as amended to December 31, 1998, excluding sections
4103, 104, and 110 of P.L. 102-227, sections 13113, 13150 (d), 13171 (d), 13174, and
513203 (d) of P.L. 103-66 and sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d)
6of P.L. 104-188, and as amended by P.L. 106-36, P.L. 106-170, P.L. 106-230, P.L.
7106-554, excluding sections 162 and 165 of P.L. 106-554, P.L. 107-16, excluding
8section 431 of P.L. 107-16, P.L. 107-134, P.L. 107-147, excluding sections 101 and
9406 of P.L. 107-147, P.L. 107-181, and P.L. 107-276, P.L. 108-121, excluding section
10109 of P.L. 108-121, P.L. 108-311, excluding sections 306, 307, 308, 401, and 403 (a)
11of P.L. 108-311, and P.L. 108-357, excluding sections 101, 201, 244, 336, 337, 909,
12and 910 of P.L. 108-357,
and as indirectly affected in the provisions applicable to this
13subchapter by P.L. 99-514, P.L. 100-203, P.L. 100-647, excluding sections 803 (d) (2)
14(B), 805 (d) (2), 812 (c) (2), 821 (b) (2), and 823 (c) (2) of P.L. 99-514 and section 1008
15(g) (5) of P.L. 100-647, P.L. 101-73, P.L. 101-140, P.L. 101-179, P.L. 101-239, P.L.
16101-508, P.L. 102-227, excluding sections 103, 104, and 110 of P.L. 102-227, P.L.
17102-318, P.L. 102-486, P.L. 103-66, excluding sections 13113, 13150 (d), 13171 (d),
1813174, and 13203 (d) of P.L. 103-66, P.L. 103-296, P.L. 103-337, P.L. 103-465, P.L.
19104-7, P.L. 104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605
20(d) of P.L. 104-188, P.L. 104-191, P.L. 104-193, P.L. 105-33, P.L. 105-34, P.L.
21105-178, P.L. 105-206, P.L. 105-277, P.L. 106-36, P.L. 106-170, P.L. 106-230, P.L.
22106-554, excluding sections 162 and 165 of P.L. 106-554, P.L. 107-16, excluding
23section 431 of P.L. 107-16, P.L. 107-134, P.L. 107-147, excluding sections 101 and
24406 of P.L. 107-147, P.L. 107-181, and P.L. 107-276, P.L. 108-121, excluding section
25109 of P.L. 108-121, P.L. 108-311, excluding sections 306, 307, 308, 401, and 403 (a)

1of P.L. 108-311, and P.L. 108-357, excluding sections 101, 201, 244, 336, 337, 909,
2and 910 of P.L. 108-357,
except that section 1366 (f) (relating to pass-through of
3items to shareholders) is modified by substituting the tax under s. 71.35 for the taxes
4under sections 1374 and 1375. The Internal Revenue Code applies for Wisconsin
5purposes at the same time as for federal purposes. Amendments to the federal
6Internal Revenue Code enacted after December 31, 1998, do not apply to this
7paragraph with respect to taxable years beginning after December 31, 1998, and
8before January 1, 2000, except that changes to the Internal Revenue Code made by
9P.L. 106-36, P.L. 106-170, P.L. 106-230, P.L. 106-554, excluding sections 162 and
10165 of P.L. 106-554, P.L. 107-16, excluding section 431 of P.L. 107-16, P.L. 107-134,
11P.L. 107-147, excluding sections 101 and 406 of P.L. 107-147, P.L. 107-181, and P.L.
12107-276, P.L. 108-121, excluding section 109 of P.L. 108-121, P.L. 108-311,
13excluding sections 306, 307, 308, 401, and 403 (a) of P.L. 108-311, and P.L. 108-357,
14excluding sections 101, 201, 244, 336, 337, 909, and 910 of P.L. 108-357,
and changes
15that indirectly affect the provisions applicable to this subchapter made by P.L.
16106-36, P.L. 106-170, P.L. 106-230, P.L. 106-554, excluding sections 162 and 165 of
17P.L. 106-554, P.L. 107-16, excluding section 431 of P.L. 107-16, P.L. 107-134, P.L.
18107-147, excluding sections 101 and 406 of P.L. 107-147, P.L. 107-181, and P.L.
19107-276, P.L. 108-121, excluding section 109 of P.L. 108-121, P.L. 108-311,
20excluding sections 306, 307, 308, 401, and 403 (a) of P.L. 108-311, and P.L. 108-357,
21excluding sections 101, 201, 244, 336, 337, 909, and 910 of P.L. 108-357,
apply for
22Wisconsin purposes at the same time as for federal purposes.
AB100-ASA1, s. 1392 23Section 1392. 71.34 (1g) (o) of the statutes is amended to read:
AB100-ASA1,664,224 71.34 (1g) (o) "Internal Revenue Code" for tax-option corporations, for taxable
25years that begin after December 31, 1999, and before January 1, 2003, means the

1federal Internal Revenue Code as amended to December 31, 1999, excluding sections
2103, 104, and 110 of P.L. 102-227, sections 13113, 13150 (d), 13171 (d), 13174, and
313203 (d) of P.L. 103-66 and sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d)
4of P.L. 104-188, and as amended by P.L. 106-230, P.L. 106-554, excluding sections
5162 and 165 of P.L. 106-554, P.L. 107-15, P.L. 107-16, excluding section 431 of P.L.
6107-16, P.L. 107.22, P.L. 107.116, P.L. 107-134, P.L. 107-147, excluding sections 101
7and 406 of P.L. 107-147, P.L. 107-181, P.L. 107-210, P.L. 107-276, and P.L. 107-358,
8P.L. 108-27, excluding sections 106, 201, and 202 of P.L. 108-27, P.L. 108-121,
9excluding section 109 of P.L. 108-121, P.L. 108-218, P.L. 108-311, excluding sections
10306, 307, 308, 401, and 403 (a) of P.L. 108-311, and P.L. 108-357, excluding sections
11101, 201, 244, 336, 337, 909, and 910 of P.L. 108-357,
and as indirectly affected in
12the provisions applicable to this subchapter by P.L. 99-514, P.L. 100-203, P.L.
13100-647, excluding sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2), 821 (b) (2), and 823
14(c) (2) of P.L. 99-514 and section 1008 (g) (5) of P.L. 100-647, P.L. 101-73, P.L.
15101-140, P.L. 101-179, P.L. 101-239, P.L. 101-508, P.L. 102-227, excluding sections
16103, 104, and 110 of P.L. 102-227, P.L. 102-318, P.L. 102-486, P.L. 103-66, excluding
17sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L. 103-66, P.L.
18103-296, P.L. 103-337, P.L. 103-465, P.L. 104-7, P.L. 104-188, excluding sections
191123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L. 104-188, P.L. 104-191, P.L.
20104-193, P.L. 105-33, P.L. 105-34, P.L. 105-178, P.L. 105-206, P.L. 105-277, P.L.
21106-36, P.L. 106-170, P.L. 106-230, P.L. 106-554, excluding sections 162 and 165 of
22P.L. 106-554, P.L. 107-15, P.L. 107-16, excluding section 431 of P.L. 107-16, P.L.
23107-22, P.L. 107-116, P.L. 107-134, P.L. 107-147, excluding sections 101 and 406 of
24P.L. 107-147, P.L. 107-181, P.L. 107-210, P.L. 107-276, and P.L. 107-358, P.L.
25108-27, excluding sections 106, 201, and 202 of P.L. 108-27, P.L. 108-121, excluding

1section 109 of P.L. 108-121, P.L. 108-218, P.L. 108-311, excluding sections 306, 307,
2308, 401, and 403 (a) of P.L. 108-311, and P.L. 108-357, excluding sections 101, 201,
3244, 336, 337, 909, and 910 of P.L. 108-357,
except that section 1366 (f) (relating to
4pass-through of items to shareholders) is modified by substituting the tax under s.
571.35 for the taxes under sections 1374 and 1375. The Internal Revenue Code applies
6for Wisconsin purposes at the same time as for federal purposes. Amendments to the
7federal Internal Revenue Code enacted after December 31, 1999, do not apply to this
8paragraph with respect to taxable years beginning after December 31, 1999, and
9before January 1, 2003, except that changes to the Internal Revenue Code made by
10P.L. 106-230, P.L. 106-554, excluding sections 162 and 165 of P.L. 106-554, P.L.
11107-15, P.L. 107-16, excluding section 431 of P.L. 107-16, P.L. 107-22, P.L. 107-116,
12P.L. 107-134, P.L. 107-147, excluding sections 101 and 406 of P.L. 107-147, P.L.
13107-181, P.L. 107-210, P.L. 107-276, and P.L. 107-358, P.L. 108-27, excluding
14sections 106, 201, and 202 of P.L. 108-27, P.L. 108-121, excluding section 109 of P.L.
15108-121, P.L. 108-218, P.L. 108-311, excluding sections 306, 307, 308, 401, and 403
16(a) of P.L. 108-311, and P.L. 108-357, excluding sections 101, 201, 244, 336, 337, 909,
17and 910 of P.L. 108-357,
and changes that indirectly affect the provisions applicable
18to this subchapter made by P.L. 106-230, P.L. 106-554, excluding sections 162 and
19165 of P.L. 106-554, P.L. 107-15, P.L. 107-16, excluding section 431 of P.L. 107-16,
20P.L. 107-22, P.L. 107-116, P.L. 107-134, P.L. 107-147, excluding sections 101 and
21406 of P.L. 107-147, P.L. 107-181, P.L. 107-210, P.L. 107-276, and P.L. 107-358, P.L.
22108-27, excluding sections 106, 201, and 202 of P.L. 108-27, P.L. 108-121, excluding
23section 109 of P.L. 108-121, P.L. 108-218, P.L. 108-311, excluding sections 306, 307,
24308, 401, and 403 (a) of P.L. 108-311, and P.L. 108-357, excluding sections 101, 201,

1244, 336, 337, 909, and 910 of P.L. 108-357,
apply for Wisconsin purposes at the same
2time as for federal purposes.
AB100-ASA1, s. 1393 3Section 1393. 71.34 (1g) (p) of the statutes is amended to read:
AB100-ASA1,666,24 71.34 (1g) (p) "Internal Revenue Code" for tax-option corporations, for taxable
5years that begin after December 31, 2002, and before January 1, 2004, means the
6federal Internal Revenue Code as amended to December 31, 2002, excluding sections
7103, 104, and 110 of P.L. 102-227, sections 13113, 13150 (d), 13171 (d), 13174, and
813203 (d) of P.L. 103-66, sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
9104-188, P.L. 106-519, sections 162 and 165 of P.L. 106-554, P.L. 106-573, section
10431 of P.L. 107-16, and section 101 of P.L. 107-147, and as amended by P.L. 108-27,
11excluding sections 106, 201, and 202 of P.L. 108-27, P.L. 108-121, excluding section
12109 of P.L. 108-121, P.L. 108-173, excluding section 1201 of P.L. 108-173, P.L.
13108-203, P.L. 108-218, P.L. 108-311, excluding sections 306, 307, 308, 401, and 403
14(a) of P.L. 108-311, P.L. 108-357, excluding sections 101, 201, 244, 336, 337, 909, and
15910 of P.L. 108-357, and P.L. 108-375,
and as indirectly affected in the provisions
16applicable to this subchapter by P.L. 99-514, P.L. 100-203, P.L. 100-647, excluding
17sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2), 821 (b) (2), and 823 (c) (2) of P.L. 99-514
18and section 1008 (g) (5) of P.L. 100-647, P.L. 101-73, P.L. 101-140, P.L. 101-179, P.L.
19101-239, P.L. 101-508, P.L. 102-227, excluding sections 103, 104, and 110 of P.L.
20102-227, P.L. 102-318, P.L. 102-486, P.L. 103-66, excluding sections 13113, 13150
21(d), 13171 (d), 13174, and 13203 (d) of P.L. 103-66, P.L. 103-296, P.L. 103-337, P.L.
22103-465, P.L. 104-7, P.L. 104-188, excluding sections 1123 (b), 1202 (c), 1204 (f),
231311, and 1605 (d) of P.L. 104-188, P.L. 104-191, P.L. 104-193, P.L. 105-33, P.L.
24105-34, P.L. 105-178, P.L. 105-206, P.L. 105-277, P.L. 106-36, P.L. 106-170, P.L.
25106-230, P.L. 106-554, excluding sections 162 and 165 of P.L. 106-554, P.L. 107-15,

1P.L. 107-16, excluding section 431 of P.L. 107-16, P.L. 107-22, P.L. 107-116, P.L.
2107-134, P.L. 107-147, excluding section 101 of P.L. 107-147, P.L. 107-181, P.L.
3107-210, P.L. 107-276, and P.L. 107-358, P.L. 108-27, excluding sections 106, 201,
4and 202 of P.L. 108-27, P.L. 108-121, excluding section 109 of P.L. 108-121, P.L.
5108-173, excluding section 1201 of P.L. 108-173, P.L. 108-203, P.L. 108-218, P.L.
6108-311, excluding sections 306, 307, 308, 401, and 403 (a) of P.L. 108-311, P.L.
7108-357, excluding sections 101, 201, 244, 336, 337, 909, and 910 of P.L. 108-357,
8and P.L. 108-375,
except that section 1366 (f) (relating to pass-through of items to
9shareholders) is modified by substituting the tax under s. 71.35 for the taxes under
10sections 1374 and 1375. The Internal Revenue Code applies for Wisconsin purposes
11at the same time as for federal purposes. Amendments to the federal Internal
12Revenue Code enacted after December 31, 2002, do not apply to this paragraph with
13respect to taxable years beginning after December 31, 2002, and before January 1,
142004, except that changes to the Internal Revenue Code made by P.L. 108-27,
15excluding sections 106, 201, and 202 of P.L. 108-27, P.L. 108-121, excluding section
16109 of P.L. 108-121, P.L. 108-173, excluding section 1201 of P.L. 108-173, P.L.
17108-203, P.L. 108-218, P.L. 108-311, excluding sections 306, 307, 308, 401, and 403
18(a) of P.L. 108-311, P.L. 108-357, excluding sections 101, 201, 244, 336, 337, 909, and
19910 of P.L. 108-357, and P.L. 108-375, and changes that indirectly affect the
20provisions applicable to this subchapter made by P.L. 108-27, excluding sections
21106, 201, and 202 of P.L. 108-27, P.L. 108-121, excluding section 109 of P.L. 108-121,
22P.L. 108-173, excluding section 1201 of P.L. 108-173, P.L. 108-203, P.L. 108-218,
23P.L. 108-311, excluding sections 306, 307, 308, 401, and 403 (a) of P.L. 108-311, P.L.
24108-357, excluding sections 101, 201, 244, 336, 337, 909, and 910 of P.L. 108-357,

1and P.L. 108-375, apply for Wisconsin purposes at the same time as for federal
2purposes
.
AB100-ASA1, s. 1394 3Section 1394. 71.34 (1g) (q) of the statutes is created to read:
AB100-ASA1,667,214 71.34 (1g) (q) "Internal Revenue Code" for tax-option corporations, for taxable
5years that begin after December 31, 2003, and before January 1, 2005, means the
6federal Internal Revenue Code as amended to December 31, 2003, excluding sections
7103, 104, and 110 of P.L. 102-227, sections 13113, 13150 (d), 13171 (d), 13174, and
813203 (d) of P.L. 103-66, sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
9104-188, P.L. 106-519, sections 162 and 165 of P.L. 106-554, P.L. 106-573, section
10431 of P.L. 107-16, section 101 of P.L. 107-147, sections 106, 201, and 202 of P.L.
11108-27, section 109 of P.L. 108-121, and section 1201 of P.L. 108-173, and as
12amended by P.L. 108-203, P.L. 108-218, P.L. 108-311, excluding sections 306, 307,
13308, 401, and 403 (a) of P.L. 108-311, P.L. 108-357, excluding sections 101, 201, 244,
14336, 337, 909, and 910 of P.L. 108-357, P.L. 108-375, and P.L. 108-476, and as
15indirectly affected in the provisions applicable to this subchapter by P.L. 99-514, P.L.
16100-203, P.L. 100-647, excluding sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2), 821
17(b) (2), and 823 (c) (2) of P.L. 99-514 and section 1008 (g) (5) of P.L. 100-647, P.L.
18101-73, P.L. 101-140, P.L. 101-179, P.L. 101-239, P.L. 101-508, P.L. 102-227,
19excluding sections 103, 104, and 110 of P.L. 102-227, P.L. 102-318, P.L. 102-486, P.L.
20103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
21103-66, P.L. 103-296, P.L. 103-337, P.L. 103-465, P.L. 104-7, P.L. 104-188,
22excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L. 104-188, P.L.
23104-191, P.L. 104-193, P.L. 105-33, P.L. 105-34, P.L. 105-178, P.L. 105-206, P.L.
24105-277, P.L. 106-36, P.L. 106-170, P.L. 106-230, P.L. 106-554, excluding sections
25162 and 165 of P.L. 106-554, P.L. 107-15, P.L. 107-16, excluding section 431 of P.L.

1107-16, P.L. 107-22, P.L. 107-116, P.L. 107-134, P.L. 107-147, excluding section 101
2of P.L. 107-147, P.L. 107-181, P.L. 107-210, P.L. 107-276, P.L. 107-358, P.L. 108-27,
3excluding sections 106, 201, and 202 of P.L. 108-27, P.L. 108-121, excluding section
4109 of P.L. 108-121, P.L. 108-173, excluding section 1201 of P.L. 108-173, P.L.
5108-203, P.L. 108-218, P.L. 108-311, excluding sections 306, 307, 308, 401, and 403
6(a) of P.L. 108-311, P.L. 108-357, excluding sections 101, 201, 244, 336, 337, 909, and
7910 of P.L. 108-357, P.L. 108-375, and P.L. 108-476, except that section 1366 (f)
8(relating to pass-through of items to shareholders) is modified by substituting the
9tax under s. 71.35 for the taxes under sections 1374 and 1375. The Internal Revenue
10Code applies for Wisconsin purposes at the same time as for federal purposes.
11Amendments to the federal Internal Revenue Code enacted after December 31, 2003,
12do not apply to this paragraph with respect to taxable years beginning after
13December 31, 2003, and before January 1, 2005, except that changes to the Internal
14Revenue Code made by P.L. 108-203, P.L. 108-218, P.L. 108-311, excluding sections
15306, 307, 308, 401, and 403 (a) of P.L. 108-311, P.L. 108-357, excluding sections 101,
16201, 244, 336, 337, 909, and 910 of P.L. 108-357, P.L. 108-375, and P.L. 108-476, and
17changes that indirectly affect the provisions applicable to this subchapter made by
18P.L. 108-203, P.L. 108-218, P.L. 108-311, excluding sections 306, 307, 308, 401, and
19403 (a) of P.L. 108-311, P.L. 108-357, excluding sections 101, 201, 244, 336, 337, 909,
20and 910 of P.L. 108-357, P.L. 108-375, and P.L. 108-476, apply for Wisconsin
21purposes at the same time as for federal purposes.
AB100-ASA1, s. 1395 22Section 1395. 71.34 (1g) (r) of the statutes is created to read:
AB100-ASA1,669,423 71.34 (1g) (r) "Internal Revenue Code" for tax-option corporations, for taxable
24years that begin after December 31, 2004, means the federal Internal Revenue Code
25as amended to December 31, 2004, excluding sections 103, 104, and 110 of P.L.

1102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L. 103-66,
2sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L. 104-188, sections 1, 3,
34, and 5 of P.L. 106-519, sections 162 and 165 of P.L. 106-554, P.L. 106-573, section
4431 of P.L. 107-16, section 101 of P.L. 107-147, sections 106, 201, and 202 of P.L.
5108-27, section 1201 of P.L. 108-173, sections 306, 308, 401, and 403 (a) of P.L.
6108-311, and sections 101, 201, 244, 336, 337, 909, and 910 of P.L. 108-357, and as
7indirectly affected in the provisions applicable to this subchapter by P.L. 99-514, P.L.
8100-203, P.L. 100-647, excluding sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2), 821
9(b) (2), and 823 (c) (2) of P.L. 99-514 and section 1008 (g) (5) of P.L. 100-647, P.L.
10101-73, P.L. 101-140, P.L. 101-179, P.L. 101-239, P.L. 101-508, P.L. 102-227,
11excluding sections 103, 104, and 110 of P.L. 102-227, P.L. 102-318, P.L. 102-486, P.L.
12103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
13103-66, P.L. 103-296, P.L. 103-337, P.L. 103-465, P.L. 104-7, P.L. 104-188,
14excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L. 104-188, P.L.
15104-191, P.L. 104-193, P.L. 105-33, P.L. 105-34, P.L. 105-178, P.L. 105-206, P.L.
16105-277, P.L. 106-36, P.L. 106-170, P.L. 106-230, P.L. 106-554, excluding sections
17162 and 165 of P.L. 106-554, P.L. 107-15, P.L. 107-16, excluding section 431 of P.L.
18107-16, P.L. 107-22, P.L. 107-116, P.L. 107-134, P.L. 107-147, excluding section 101
19of P.L. 107-147, P.L. 107-181, P.L. 107-210, P.L. 107-276, P.L. 107-358, P.L. 108-27,
20excluding sections 106, 201, and 202 of P.L. 108-27, P.L. 108-121, P.L. 108-173,
21excluding section 1201 of P.L. 108-173, P.L. 108-203, P.L. 108-218, P.L. 108-311,
22excluding sections 306, 308, 401, and 403 (a) of P.L. 108-311, P.L. 108-357, excluding
23sections 101, 201, 244, 336, 337, 909, and 910 of P.L. 108-357, P.L. 108-375, and P.L.
24108-476, except that section 1366 (f) (relating to pass-through of items to
25shareholders) is modified by substituting the tax under s. 71.35 for the taxes under

1sections 1374 and 1375. The Internal Revenue Code applies for Wisconsin purposes
2at the same time as for federal purposes. Amendments to the federal Internal
3Revenue Code enacted after December 31, 2004, do not apply to this paragraph with
4respect to taxable years beginning after December 31, 2004.
AB100-ASA1, s. 1396 5Section 1396. 71.42 (2) (i) of the statutes is repealed.
AB100-ASA1, s. 1397 6Section 1397. 71.42 (2) (j) of the statutes is repealed.
AB100-ASA1, s. 1398 7Section 1398. 71.42 (2) (k) of the statutes is amended to read:
AB100-ASA1,670,258 71.42 (2) (k) For taxable years that begin after December 31, 1996, and before
9January 1, 1998, "Internal Revenue Code" means the federal Internal Revenue Code
10as amended to December 31, 1996, excluding sections 103, 104, and 110 of P.L.
11102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L. 103-66
12and sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L. 104-188, and as
13amended by P.L. 105-33, P.L. 105-34, P.L. 105-206, P.L. 105-277, P.L. 106-36, P.L.
14106-554, excluding sections 162 and 165 of P.L. 106-554, P.L. 107-16, excluding
15section 431 of P.L. 107-16, P.L. 107-134, P.L. 107-147, excluding sections 101 and
16406 of P.L. 107-147, and P.L. 107-181, P.L. 108-121, excluding section 109 of P.L.
17108-121, P.L. 108-311, excluding sections 306, 307, 308, 401, and 403 (a) of P.L.
18108-311, and P.L. 108-357, excluding sections 101, 201, 244, 336, 337, 909, and 910
19of P.L. 108-357,
and as indirectly affected by P.L. 99-514, P.L. 100-203, P.L. 100-647,
20P.L. 101-73, 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 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L. 104-188, P.L.
25104-191, P.L. 104-193, P.L. 105-33, P.L. 105-34, P.L. 105-206, P.L. 105-277, P.L.

1106-36, P.L. 106-554, excluding sections 162 and 165 of P.L. 106-554, P.L. 107-16,
2excluding section 431 of P.L. 107-16, P.L. 107-134, P.L. 107-147, excluding sections
3101 and 406 of P.L. 107-147, and P.L. 107-181, P.L. 108-121, excluding section 109
4of P.L. 108-121, P.L. 108-311, excluding sections 306, 307, 308, 401, and 403 (a) of
5P.L. 108-311, and P.L. 108-357, excluding sections 101, 201, 244, 336, 337, 909, and
6910 of P.L. 108-357,
except that "Internal Revenue Code" does not include section
7847 of the federal Internal Revenue Code. The Internal Revenue Code applies for
8Wisconsin purposes at the same time as for federal purposes. Amendments to the
9federal Internal Revenue Code enacted after December 31, 1996, do not apply to this
10paragraph with respect to taxable years beginning after December 31, 1996, and
11before January 1, 1998, except that changes to the Internal Revenue Code made by
12P.L. 105-33, P.L. 105-34, P.L. 105-206, P.L. 105-277, P.L. 106-36, P.L. 106-554,
13excluding sections 162 and 165 of P.L. 106-554, P.L. 107-16, excluding section 431
14of P.L. 107-16, P.L. 107-134, P.L. 107-147, excluding sections 101 and 406 of P.L.
15107-147, and P.L. 107-181, P.L. 108-121, excluding section 109 of P.L. 108-121, P.L.
16108-311, excluding sections 306, 307, 308, 401, and 403 (a) of P.L. 108-311, and P.L.
17108-357, excluding sections 101, 201, 244, 336, 337, 909, and 910 of P.L. 108-357,

18and changes that indirectly affect the provisions applicable to this subchapter made
19by P.L. 105-33, P.L. 105-34, P.L. 105-206, P.L. 105-277, P.L. 106-36, P.L. 106-554,
20excluding sections 162 and 165 of P.L. 106-554, P.L. 107-16, excluding section 431
21of P.L. 107-16, P.L. 107-134, P.L. 107-147, excluding sections 101 and 406 of P.L.
22107-147, and P.L. 107-181, P.L. 108-121, excluding section 109 of P.L. 108-121, P.L.
23108-311, excluding sections 306, 307, 308, 401, and 403 (a) of P.L. 108-311, and P.L.
24108-357, excluding sections 101, 201, 244, 336, 337, 909, and 910 of P.L. 108-357,

25apply for Wisconsin purposes at the same time as for federal purposes.
AB100-ASA1, s. 1399
1Section 1399. 71.42 (2) (L) of the statutes is amended to read:
AB100-ASA1,672,202 71.42 (2) (L) For taxable years that begin after December 31, 1997, and before
3January 1, 1999, "Internal Revenue Code" means the federal Internal Revenue Code
4as amended to December 31, 1997, excluding sections 103, 104, and 110 of P.L.
5102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L. 103-66
6and sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L. 104-188, and as
7amended by P.L. 105-178, P.L. 105-206, P.L. 105-277, P.L. 106-36, P.L. 106-170,
8P.L. 106-554, excluding sections 162 and 165 of P.L. 106-554, P.L. 107-16, excluding
9section 431 of P.L. 107-16, P.L. 107-134, P.L. 107-147, excluding sections 101 and
10406 of P.L. 107-147, and P.L. 107-181, P.L. 108-121, excluding section 109 of P.L.
11108-121, P.L. 108-311, excluding sections 306, 307, 308, 401, and 403 (a) of P.L.
12108-311, and P.L. 108-357, excluding sections 101, 201, 244, 336, 337, 909, and 910
13of P.L. 108-357,
and as indirectly affected by P.L. 99-514, P.L. 100-203, P.L. 100-647,
14P.L. 101-73, P.L. 101-140, P.L. 101-179, P.L. 101-239, P.L. 101-508, P.L. 102-227,
15excluding sections 103, 104, and 110 of P.L. 102-227, P.L. 102-318, P.L. 102-486, P.L.
16103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
17103-66, P.L. 103-296, P.L. 103-337, P.L. 103-465, P.L. 104-7, P.L. 104-188,
18excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L. 104-188, P.L.
19104-191, P.L. 104-193, P.L. 105-33, P.L. 105-34, P.L. 105-178, P.L. 105-206, P.L.
20105-277, P.L. 106-36, P.L. 106-170, P.L. 106-554, excluding sections 162 and 165 of
21P.L. 106-554, P.L. 107-16, excluding section 431 of P.L. 107-16, P.L. 107-134, P.L.
22107-147, excluding sections 101 and 406 of P.L. 107-147, and P.L. 107-181, P.L.
23108-121, excluding section 109 of P.L. 108-121, P.L. 108-311, excluding sections 306,
24307, 308, 401, and 403 (a) of P.L. 108-311, and P.L. 108-357, excluding sections 101,
25201, 244, 336, 337, 909, and 910 of P.L. 108-357,
except that "Internal Revenue Code"

1does not include section 847 of the federal Internal Revenue Code. The Internal
2Revenue Code applies for Wisconsin purposes at the same time as for federal
3purposes. Amendments to the federal Internal Revenue Code enacted after
4December 31, 1997, do not apply to this paragraph with respect to taxable years
5beginning after December 31, 1997, and before January 1, 1999, except that
6changes to the Internal Revenue Code made by P.L. 105-178, P.L. 105-206, P.L.
7105-277, P.L. 106-36, P.L. 106-170, P.L. 106-554, excluding sections 162 and 165 of
8P.L. 106-554, P.L. 107-16, excluding section 431 of P.L. 107-16, P.L. 107-134, P.L.
9107-147, excluding sections 101 and 406 of P.L. 107-147, and P.L. 107-181, P.L.
10108-121, excluding section 109 of P.L. 108-121, P.L. 108-311, excluding sections 306,
11307, 308, 401, and 403 (a) of P.L. 108-311, and P.L. 108-357, excluding sections 101,
12201, 244, 336, 337, 909, and 910 of P.L. 108-357,
and changes that indirectly affect
13the provisions applicable to this subchapter made by P.L. 105-178, P.L. 105-206, P.L.
14105-277, P.L. 106-36, P.L. 106-170, P.L. 106-554, excluding sections 162 and 165 of
15P.L. 106-554, P.L. 107-16, excluding section 431 of P.L. 107-16, P.L. 107-134, P.L.
16107-147, excluding sections 101 and 406 of P.L. 107-147, and P.L. 107-181, P.L.
17108-121, excluding section 109 of P.L. 108-121, P.L. 108-311, excluding sections 306,
18307, 308, 401, and 403 (a) of P.L. 108-311, and P.L. 108-357, excluding sections 101,
19201, 244, 336, 337, 909, and 910 of P.L. 108-357,
apply for Wisconsin purposes at the
20same time as for federal purposes.
AB100-ASA1, s. 1400 21Section 1400. 71.42 (2) (m) of the statutes is amended to read:
AB100-ASA1,674,1522 71.42 (2) (m) For taxable years that begin after December 31, 1998, and before
23January 1, 2000, "Internal Revenue Code" means the federal Internal Revenue Code
24as amended to December 31, 1998, excluding sections 103, 104, and 110 of P.L.
25102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L. 103-66

1and sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L. 104-188, and as
2amended by P.L. 106-36, P.L. 106-170, P.L. 106-230, P.L. 106-554, excluding
3sections 162 and 165 of P.L. 106-554, P.L. 107-16, excluding section 431 of P.L.
4107-16, P.L. 107-134, P.L. 107-147, excluding sections 101 and 406 of P.L. 107-147,
5P.L. 107-181, and P.L. 107-276, P.L. 108-121, excluding section 109 of P.L. 108-121,
6P.L. 108-311, excluding sections 306, 307, 308, 401, and 403 (a) of P.L. 108-311, and
7P.L. 108-357, excluding sections 101, 201, 244, 336, 337, 909, and 910 of P.L.
8108-357,
and as indirectly affected by P.L. 99-514, P.L. 100-203, P.L. 100-647, P.L.
9101-73, P.L. 101-140, P.L. 101-179, P.L. 101-239, P.L. 101-508, P.L. 102-227,
10excluding sections 103, 104, and 110 of P.L. 102-227, P.L. 102-318, P.L. 102-486, P.L.
11103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
12103-66, P.L. 103-296, P.L. 103-337, P.L. 103-465, P.L. 104-7, P.L. 104-188,
13excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L. 104-188, P.L.
14104-191, P.L. 104-193, P.L. 105-33, P.L. 105-34, P.L. 105-178, P.L. 105-206, P.L.
15105-277, P.L. 106-36, P.L. 106-170, P.L. 106-230, P.L. 106-554, excluding sections
16162 and 165 of P.L. 106-554, P.L. 107-16, excluding section 431 of P.L. 107-16, P.L.
17107-134, P.L. 107-147, excluding sections 101 and 406 of P.L. 107-147, P.L. 107-181,
18and P.L. 107-276, P.L. 108-121, excluding section 109 of P.L. 108-121, P.L. 108-311,
19excluding sections 306, 307, 308, 401, and 403 (a) of P.L. 108-311, and P.L. 108-357,
20excluding sections 101, 201, 244, 336, 337, 909, and 910 of P.L. 108-357,
except that
21"Internal Revenue Code" does not include section 847 of the federal Internal Revenue
22Code. The Internal Revenue Code applies for Wisconsin purposes at the same time
23as for federal purposes. Amendments to the federal Internal Revenue Code enacted
24after December 31, 1998, do not apply to this paragraph with respect to taxable years
25beginning after December 31, 1998, and before January 1, 2000, except that

1changes to the Internal Revenue Code made by P.L. 106-36, P.L. 106-170, P.L.
2106-230, P.L. 106-554, excluding sections 162 and 165 of P.L. 106-554, P.L. 107-16,
3excluding section 431 of P.L. 107-16, P.L. 107-134, P.L. 107-147, excluding sections
4101 and 406 of P.L. 107-147, P.L. 107-181, and P.L. 107-276, P.L. 108-121, excluding
5section 109 of P.L. 108-121, P.L. 108-311, excluding sections 306, 307, 308, 401, and
6403 (a) of P.L. 108-311, and P.L. 108-357, excluding sections 101, 201, 244, 336, 337,
7909, and 910 of P.L. 108-357,
and changes that indirectly affect the provisions
8applicable to this subchapter made by P.L. 106-36, P.L. 106-170, P.L. 106-230, P.L.
9106-554, excluding sections 162 and 165 of P.L. 106-554, P.L. 107-16, excluding
10section 431 of P.L. 107-16, P.L. 107-134, P.L. 107-147, excluding sections 101 and
11406 of P.L. 107-147, P.L. 107-181, and P.L. 107-276, P.L. 108-121, excluding section
12109 of P.L. 108-121, P.L. 108-311, excluding sections 306, 307, 308, 401, and 403 (a)
13of P.L. 108-311, and P.L. 108-357, excluding sections 101, 201, 244, 336, 337, 909,
14and 910 of P.L. 108-357,
apply for Wisconsin purposes at the same time as for federal
15purposes.
AB100-ASA1, s. 1401 16Section 1401. 71.42 (2) (n) of the statutes is amended to read:
AB100-ASA1,676,1617 71.42 (2) (n) For taxable years that begin after December 31, 1999, and before
18January 1, 2003, "Internal Revenue Code" means the federal Internal Revenue Code
19as amended to December 31, 1999, 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
21and sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L. 104-188, and as
22amended by P.L. 106-230, P.L. 106-554, excluding sections 162 and 165 of P.L.
23106-554, P.L. 107-15, P.L. 107-16, excluding section 431 of P.L. 107-16, P.L. 107-22,
24P.L. 107-116, P.L. 107-134, P.L. 107-147, excluding sections 101 and 406 of P.L.
25107-147, P.L. 107-181, P.L. 107-210, P.L. 107-276, and P.L. 107-358, P.L. 108-27,

1excluding sections 106, 201, and 202 of P.L. 108-27, P.L. 108-121, excluding section
2109 of P.L. 108-121, P.L. 108-218, P.L. 108-311, excluding sections 306, 307, 308,
3401, and 403 (a) of P.L. 108-311, and P.L. 108-357, excluding sections 101, 201, 244,
4336, 337, 909, and 910 of P.L. 108-357,
and as indirectly affected by P.L. 99-514, P.L.
5100-203, P.L. 100-647, P.L. 101-73, P.L. 101-140, P.L. 101-179, P.L. 101-239, P.L.
6101-508, 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
10(d) of P.L. 104-188, P.L. 104-191, P.L. 104-193, P.L. 105-33, P.L. 105-34, P.L.
11105-178, P.L. 105-206, P.L. 105-277, P.L. 106-36, P.L. 106-170, P.L. 106-230, P.L.
12106-554, excluding sections 162 and 165 of P.L. 106-554, P.L. 107-15, P.L. 107-16,
13excluding section 431 of P.L. 107-16, P.L. 107-22, P.L. 107-116, P.L. 107-134, P.L.
14107-147, excluding sections 101 and 406 of P.L. 107-147, P.L. 107-181, P.L. 107-210,
15P.L. 107-276, and P.L. 107-358, P.L. 108-27, excluding sections 106, 201, and 202
16of P.L. 108-27, P.L. 108-121, excluding section 109 of P.L. 108-121, P.L. 108-218, P.L.
17108-311, excluding sections 306, 307, 308, 401, and 403 (a) of P.L. 108-311, and P.L.
18108-357, excluding sections 101, 201, 244, 336, 337, 909, and 910 of P.L. 108-357,

19except that "Internal Revenue Code" does not include section 847 of the federal
20Internal Revenue Code. The Internal Revenue Code applies for Wisconsin purposes
21at the same time as for federal purposes. Amendments to the federal Internal
22Revenue Code enacted after December 31, 1999, do not apply to this paragraph with
23respect to taxable years beginning after December 31, 1999, and before January 1,
242003, except that changes to the Internal Revenue Code made by P.L. 106-230, P.L.
25106-554, excluding sections 162 and 165 of P.L. 106-554, P.L. 107-15, P.L. 107-16,

1excluding section 431 of P.L. 107-16, P.L. 107-22, P.L. 107-116, P.L. 107-134, P.L.
2107-147, excluding sections 101 and 406 of P.L. 107-147, P.L. 107-181, P.L. 107-210,
3P.L. 107-276, and P.L. 107-358, P.L. 108-27, excluding sections 106, 201, and 202
4of P.L. 108-27, P.L. 108-121, excluding section 109 of P.L. 108-121, P.L. 108-218, P.L.
5108-311, excluding sections 306, 307, 308, 401, and 403 (a) of P.L. 108-311, and P.L.
6108-357, excluding sections 101, 201, 244, 336, 337, 909, and 910 of P.L. 108-357,

7and changes that indirectly affect the provisions applicable to this subchapter made
8by P.L. 106-230, P.L. 106-554, excluding sections 162 and 165 of P.L. 106-554, P.L.
9107-15, P.L. 107-16, excluding section 431 of P.L. 107-16, P.L. 107-22, P.L. 107-116,
10P.L. 107-134, P.L. 107-147, excluding sections 101 and 406 of P.L. 107-147, P.L.
11107-181, P.L. 107-210, P.L. 107-276, and P.L. 107-358, P.L. 108-27, excluding
12sections 106, 201, and 202 of P.L. 108-27, P.L. 108-121, excluding section 109 of P.L.
13108-121, P.L. 108-218, P.L. 108-311, excluding sections 306, 307, 308, 401, and 403
14(a) of P.L. 108-311, and P.L. 108-357, excluding sections 101, 201, 244, 336, 337, 909,
15and 910 of P.L. 108-357,
apply for Wisconsin purposes at the same time as for federal
16purposes.
AB100-ASA1, s. 1402 17Section 1402. 71.42 (2) (o) of the statutes is amended to read:
AB100-ASA1,678,1118 71.42 (2) (o) For taxable years that begin after December 31, 2002, and before
19January 1, 2004,
"Internal Revenue Code" means the federal Internal Revenue Code
20as amended to December 31, 2002, excluding sections 103, 104, and 110 of P.L.
21102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L. 103-66,
22sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L. 104-188, P.L. 106-519,
23sections 162 and 165 of P.L. 106-554, P.L. 106-573, section 431 of P.L. 107-16, and
24section 101 of P.L. 107-147, and as amended by P.L. 108-27, excluding sections 106,
25201, and 202 of P.L. 108-27, P.L. 108-121, excluding section 109 of P.L. 108-121, P.L.

1108-173, excluding section 1201 of P.L. 108-173, P.L. 108-203, P.L. 108-218, P.L.
2108-311, excluding sections 306, 307, 308, 401, and 403 (a) of P.L. 108-311, P.L.
3108-357, excluding sections 101, 201, 244, 336, 337, 909, and 910 of P.L. 108-357,
4and P.L. 108-375,
and as indirectly affected by P.L. 99-514, P.L. 100-203, P.L.
5100-647, P.L. 101-73, P.L. 101-140, P.L. 101-179, P.L. 101-239, P.L. 101-508, P.L.
6102-227, excluding sections 103, 104, and 110 of P.L. 102-227, P.L. 102-318, P.L.
7102-486, P.L. 103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174, and
813203 (d) of P.L. 103-66, P.L. 103-296, P.L. 103-337, P.L. 103-465, P.L. 104-7, P.L.
9104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
10104-188, P.L. 104-191, P.L. 104-193, P.L. 105-33, P.L. 105-34, P.L. 105-178, P.L.
11105-206, P.L. 105-277, P.L. 106-36, P.L. 106-170, P.L. 106-230, P.L. 106-554,
12excluding sections 162 and 165 of P.L. 106-554, P.L. 107-15, P.L. 107-16, excluding
13section 431 of P.L. 107-16, P.L. 107-22, P.L. 107-116, P.L. 107-134, P.L. 107-147,
14excluding section 101 of P.L. 107-147, P.L. 107-181, P.L. 107-210, P.L. 107-276, and
15P.L. 107-358, P.L. 108-27, excluding sections 106, 201, and 202 of P.L. 108-27, P.L.
16108-121, excluding section 109 of P.L. 108-121, P.L. 108-173, excluding section 1201
17of P.L. 108-173, P.L. 108-203, P.L. 108-218, P.L. 108-311, excluding sections 306,
18307, 308, 401, and 403 (a) of P.L. 108-311, P.L. 108-357, excluding sections 101, 201,
19244, 336, 337, 909, and 910 of P.L. 108-357, and P.L. 108-375,
except that "Internal
20Revenue Code" does not include section 847 of the federal Internal Revenue Code.
21The Internal Revenue Code applies for Wisconsin purposes at the same time as for
22federal purposes. Amendments to the federal Internal Revenue Code enacted after
23December 31, 2002, do not apply to this paragraph with respect to taxable years
24beginning after December 31, 2002, and before January 1, 2004, except that changes
25to the Internal Revenue Code made by P.L. 108-27, excluding sections 106, 201, and

1202 of P.L. 108-27, P.L. 108-121, excluding section 109 of P.L. 108-121, P.L. 108-173,
2excluding section 1201 of P.L. 108-173, P.L. 108-203, P.L. 108-218, P.L. 108-311,
3excluding sections 306, 307, 308, 401, and 403 (a) of P.L. 108-311, P.L. 108-357,
4excluding sections 101, 201, 244, 336, 337, 909, and 910 of P.L. 108-357, and P.L.
5108-375, and changes that indirectly affect the provisions applicable to this
6subchapter made by P.L. 108-27, excluding sections 106, 201, and 202 of P.L. 108-27,
7P.L. 108-121, excluding section 109 of P.L. 108-121, P.L. 108-173, excluding section
81201 of P.L. 108-173, P.L. 108-203, P.L. 108-218, P.L. 108-311, excluding sections
9306, 307, 308, 401, and 403 (a) of P.L. 108-311, P.L. 108-357, excluding sections 101,
10201, 244, 336, 337, 909, and 910 of P.L. 108-357, and P.L. 108-375, apply for
11Wisconsin purposes at the same time as for federal purposes
.
AB100-ASA1, s. 1403 12Section 1403. 71.42 (2) (p) of the statutes is created to read:
AB100-ASA1,680,213 71.42 (2) (p) For taxable years that begin after December 31, 2003, and before
14January 1, 2005, "Internal Revenue Code" means the federal Internal Revenue Code
15as amended to December 31, 2003, excluding sections 103, 104, and 110 of P.L.
16102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L. 103-66,
17sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L. 104-188, P.L. 106-519,
18sections 162 and 165 of P.L. 106-554, P.L. 106-573, section 431 of P.L. 107-16, section
19101 of P.L. 107-147, sections 106, 201, and 202 of P.L. 108-27, section 109 of P.L.
20108-121, and section 1201 of P.L. 108-173, and as amended by P.L. 108-203, P.L.
21108-218, P.L. 108-311, excluding sections 306, 307, 308, 401, and 403 (a) of P.L.
22108-311, P.L. 108-357, excluding sections 101, 201, 244, 336, 337, 909, and 910 of
23P.L. 108-357, P.L. 108-375, and P.L. 108-476, and as indirectly affected by P.L.
2499-514, P.L. 100-203, P.L. 100-647, P.L. 101-73, P.L. 101-140, P.L. 101-179, P.L.
25101-239, P.L. 101-508, P.L. 102-227, excluding sections 103, 104, and 110 of P.L.

1102-227, P.L. 102-318, P.L. 102-486, P.L. 103-66, excluding sections 13113, 13150
2(d), 13171 (d), 13174, and 13203 (d) of P.L. 103-66, P.L. 103-296, P.L. 103-337, P.L.
3103-465, P.L. 104-7, P.L. 104-188, excluding sections 1123 (b), 1202 (c), 1204 (f),
41311, and 1605 (d) of P.L. 104-188, P.L. 104-191, P.L. 104-193, P.L. 105-33, P.L.
5105-34, P.L. 105-178, P.L. 105-206, P.L. 105-277, P.L. 106-36, P.L. 106-170, P.L.
6106-230, P.L. 106-554, excluding sections 162 and 165 of P.L. 106-554, P.L. 107-15,
7P.L. 107-16, excluding section 431 of P.L. 107-16, P.L. 107-22, P.L. 107-116, P.L.
8107-134, P.L. 107-147, excluding section 101 of P.L. 107-147, P.L. 107-181, P.L.
9107-210, P.L. 107-276, P.L. 107-358, P.L. 108-27, excluding sections 106, 201, and
10202 of P.L. 108-27, P.L. 108-121, excluding section 109 of P.L. 108-121, P.L. 108-173,
11excluding section 1201 of P.L. 108-173, P.L. 108-203, P.L. 108-218, P.L. 108-311,
12excluding sections 306, 307, 308, 401, and 403 (a) of P.L. 108-311, P.L. 108-357,
13excluding sections 101, 201, 244, 336, 337, 909, and 910 of P.L. 108-357, P.L.
14108-375, and P.L. 108-476, except that "Internal Revenue Code" does not include
15section 847 of the federal Internal Revenue Code. The Internal Revenue Code
16applies for Wisconsin purposes at the same time as for federal purposes.
17Amendments to the federal Internal Revenue Code enacted after December 31, 2003,
18do not apply to this paragraph with respect to taxable years beginning after
19December 31, 2003, and before January 1, 2005, except that changes to the Internal
20Revenue Code made by P.L. 108-203, P.L. 108-218, P.L. 108-311, excluding sections
21306, 307, 308, 401, and 403 (a) of P.L. 108-311, P.L. 108-357, excluding sections 101,
22201, 244, 336, 337, 909, and 910 of P.L. 108-357, P.L. 108-375, and P.L. 108-476, and
23changes that indirectly affect the provisions applicable to this subchapter made by
24P.L. 108-203, P.L. 108-218, P.L. 108-311, excluding sections 306, 307, 308, 401, and
25403 (a) of P.L. 108-311, P.L. 108-357, excluding sections 101, 201, 244, 336, 337, 909,

1and 910 of P.L. 108-357, P.L. 108-375, and P.L. 108-476, apply for Wisconsin
2purposes at the same time as for federal purposes.
AB100-ASA1, s. 1404 3Section 1404. 71.42 (2) (q) of the statutes is created to read:
AB100-ASA1,681,74 71.42 (2) (q) For taxable years that begin after December 31, 2004, "Internal
5Revenue Code" means the federal Internal Revenue Code as amended to
6December 31, 2004, excluding sections 103, 104, and 110 of P.L. 102-227, sections
713113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L. 103-66, sections 1123 (b),
81202 (c), 1204 (f), 1311, and 1605 (d) of P.L. 104-188, sections 1, 3, 4, and 5 of P.L.
9106-519, sections 162 and 165 of P.L. 106-554, P.L. 106-573, section 431 of P.L.
10107-16, section 101 of P.L. 107-147, sections 106, 201, and 202 of P.L. 108-27, section
111201 of P.L. 108-173, sections 306, 308, 401, and 403 (a) of P.L. 108-311, and sections
12101, 201, 244, 336, 337, 909, and 910 of P.L. 108-357, and as indirectly affected by
13P.L. 99-514, P.L. 100-203, P.L. 100-647, P.L. 101-73, P.L. 101-140, P.L. 101-179,
14P.L. 101-239, P.L. 101-508, P.L. 102-227, excluding sections 103, 104, and 110 of P.L.
15102-227, P.L. 102-318, P.L. 102-486, P.L. 103-66, excluding sections 13113, 13150
16(d), 13171 (d), 13174, and 13203 (d) of P.L. 103-66, P.L. 103-296, P.L. 103-337, P.L.
17103-465, P.L. 104-7, P.L. 104-188, excluding sections 1123 (b), 1202 (c), 1204 (f),
181311, and 1605 (d) of P.L. 104-188, P.L. 104-191, P.L. 104-193, P.L. 105-33, P.L.
19105-34, P.L. 105-178, P.L. 105-206, P.L. 105-277, P.L. 106-36, P.L. 106-170, P.L.
20106-230, P.L. 106-554, excluding sections 162 and 165 of P.L. 106-554, P.L. 107-15,
21P.L. 107-16, excluding section 431 of P.L. 107-16, P.L. 107-22, P.L. 107-116, P.L.
22107-134, P.L. 107-147, excluding section 101 of P.L. 107-147, P.L. 107-181, P.L.
23107-210, P.L. 107-276, P.L. 107-358, P.L. 108-27, excluding sections 106, 201, and
24202 of P.L. 108-27, P.L. 108-121, P.L. 108-173, excluding section 1201 of P.L.
25108-173, P.L. 108-203, P.L. 108-218, P.L. 108-311, excluding sections 306, 308, 401,

1and 403 (a) of P.L. 108-311, P.L. 108-357, excluding sections 101, 201, 244, 336, 337,
2909, and 910 of P.L. 108-357, P.L. 108-375, and P.L. 108-476, except that "Internal
3Revenue Code" does not include section 847 of the federal Internal Revenue Code.
4The Internal Revenue Code applies for Wisconsin purposes at the same time as for
5federal purposes. Amendments to the federal Internal Revenue Code enacted after
6December 31, 2004, do not apply to this paragraph with respect to taxable years
7beginning after December 31, 2004.
AB100-ASA1, s. 1405 8Section 1405. 71.42 (3d) of the statutes is amended to read:
AB100-ASA1,681,109 71.42 (3d) "Member" does not include a member of a limited liability company
10treated as a corporation under s. 71.22 (1) (1k).
AB100-ASA1, s. 1406 11Section 1406. 71.42 (3h) of the statutes is amended to read:
AB100-ASA1,681,1312 71.42 (3h) "Partner" does not include a partner of a publicly traded partnership
13treated as a corporation under s. 71.22 (1) (1k).
AB100-ASA1, s. 1406f 14Section 1406f. 71.45 (1m) of the statutes is created to read:
AB100-ASA1,681,1715 71.45 (1m) Health Insurance Risk-Sharing Plan. The income of the
16organization administering the Health Insurance Risk-Sharing Plan under ch. 149
17is exempt from taxation under this subchapter.
AB100-ASA1, s. 1406m 18Section 1406m. 71.45 (2) (a) 10. of the statutes is amended to read:
AB100-ASA1,681,2419 71.45 (2) (a) 10. By adding to federal taxable income the amount of credit
20computed under s. 71.47 (1dd) to (1dx), (3n), and (5b), and (5g) and not passed
21through by a partnership, limited liability company, or tax-option corporation that
22has added that amount to the partnership's, limited liability company's, or
23tax-option corporation's income under s. 71.21 (4) or 71.34 (1) (g) and the amount of
24credit computed under s. 71.47 (1), (3), (3t), (4), and (5).
AB100-ASA1, s. 1408 25Section 1408. 71.47 (1di) (b) 1. of the statutes is repealed.
AB100-ASA1, s. 1409
1Section 1409. 71.47 (1dL) (c) 1. of the statutes is repealed.
AB100-ASA1, s. 1410 2Section 1410. 71.47 (1dL) (c) 2. of the statutes is renumbered 71.47 (1dL) (c).
AB100-ASA1, s. 1411 3Section 1411. 71.47 (1dL) (d) of the statutes is amended to read:
AB100-ASA1,682,64 71.47 (1dL) (d) Except as provided in par. (c) 2., the carry-over provisions of
5sub. (4) (e) and (f) as they relate to the credit under that subsection relate to the credit
6under this subsection and apply as if the development zone continued to exist.
AB100-ASA1, s. 1412 7Section 1412. 71.47 (1dm) (hm) of the statutes is amended to read:
AB100-ASA1,682,158 71.47 (1dm) (hm) Credits claimed A claimant may claim the credit under this
9subsection, including any credits carried over, may be offset only against the amount
10of the tax otherwise due under this subchapter attributable to income from the
11business operations of the claimant in the development zone; except that a claimant
12in a development zone under s. 560.795 (1) (e) may offset credits, including any
13credits carried over, against the amount of the tax otherwise due under this
14subchapter attributable to all of the claimant's income; and against the tax
15attributable to income from directly related business operations of the claimant
.
AB100-ASA1, s. 1413 16Section 1413. 71.47 (1dx) (a) 5. of the statutes is amended to read:
AB100-ASA1,683,517 71.47 (1dx) (a) 5. "Member of a targeted group" means a person who resides
18in an empowerment zone, or an enterprise community, that the U.S. government
19designates
area designated by the federal government as an economic revitalization
20area
, a person who is employed in an unsubsidized job but meets the eligibility
21requirements under s. 49.145 (2) and (3) for a Wisconsin works Works employment
22position, a person who is employed in a trial job, as defined in s. 49.141 (1) (n), a
23person who is eligible for child care assistance under s. 49.155, a person who is a
24vocational rehabilitation referral, an economically disadvantaged youth, an
25economically disadvantaged veteran, a supplemental security income recipient, a

1general assistance recipient, an economically disadvantaged ex-convict, a qualified
2summer youth employee, as defined in 26 USC 51 (d) (7), a dislocated worker, as
3defined in 29 USC 2801 (9), or a food stamp recipient; , if the person has been certified
4in the manner under sub. (1dj) (am) 3. by a designated local agency, as defined in sub.
5(1dj) (am) 2.
AB100-ASA1, s. 1414 6Section 1414. 71.47 (1dx) (b) (intro.) of the statutes is amended to read:
AB100-ASA1,683,127 71.47 (1dx) (b) Credit. (intro.) Except or as provided in pars. (be) and (bg) and
8in s. 73.03 (35), and subject to s. 560.785, for any taxable year for which the person
9is entitled under s. 560.795 (3) to claim tax benefits or certified under s. 560.765 (3),
10560.797 (4) or 560.798 (3), any person may claim as a credit against the taxes imposed
11 on the person's income from the person's business activities in a development zone
12otherwise due under this chapter the following amounts:
AB100-ASA1, s. 1419 13Section 1419. 71.47 (2m) (a) 1. b. of the statutes is amended to read:
Loading...
Loading...