SB40-SSA1,994,2318
71.42
(2) (m) For taxable years that begin after December 31, 1998, and before
19January 1, 2000, "Internal Revenue Code" means the federal Internal Revenue Code
20as amended to December 31, 1998, 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 22and sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, and as
23amended by P.L.
106-36, P.L.
106-170, P.L.
106-230, P.L.
106-554, excluding
24sections 162 and 165 of P.L.
106-554, P.L.
107-16, excluding section 431 of P.L.
25107-16, P.L.
107-134, P.L.
107-147, excluding sections 101
, 301 (a), and 406 of P.L.
1107-147, P.L.
107-181, P.L.
107-276, P.L.
108-121, excluding section 109 of P.L.
2108-121, P.L.
108-311, excluding sections 306, 307, 308,
316, 401, and 403 (a) of P.L.
3108-311,
and P.L.
108-357, excluding sections 101, 201,
211, 242, 244, 336, 337,
422, 4847, 909, and 910 of P.L.
108-357,
P.L. 109-7, P.L. 109-135, excluding sections 101,
5105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of
6P.L. 109-135, and P.L. 109-280, excluding sections 811 and 844 of P.L. 109-280, and
7as indirectly affected by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
8101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections
9103, 104, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding
10sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, P.L.
11103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188, excluding sections
121123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
13104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
14106-36, P.L.
106-170, P.L.
106-230, 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
, 301 (a), and 406 of P.L.
107-147, P.L.
107-181, P.L.
17107-276, P.L.
108-121, excluding section 109 of P.L.
108-121, P.L.
108-311,
18excluding sections 306, 307, 308,
316, 401, and 403 (a) of P.L.
108-311,
and P.L.
19108-357, excluding sections 101, 201,
211, 242, 244, 336, 337,
422, 847, 909, and 910
20of P.L.
108-357,
P.L. 109-7, P.L. 109-135, excluding sections 101, 105, 201 (a) as it
21relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L. 109-135, and
22P.L. 109-280, excluding sections 811 and 844 of P.L. 109-280, except that "Internal
23Revenue Code" does not include section 847 of the federal Internal Revenue Code.
24The Internal Revenue Code applies for Wisconsin purposes at the same time as for
25federal purposes. Amendments to the federal Internal Revenue Code enacted after
1December 31, 1998, do not apply to this paragraph with respect to taxable years
2beginning after December 31, 1998, and before January 1, 2000, except that
3changes to the Internal Revenue Code made by P.L.
106-36, P.L.
106-170, P.L.
4106-230, P.L.
106-554, excluding sections 162 and 165 of P.L.
106-554, P.L.
107-16,
5excluding section 431 of P.L.
107-16, P.L.
107-134, P.L.
107-147, excluding sections
6101
, 301 (a), and 406 of P.L.
107-147, P.L.
107-181, P.L.
107-276, P.L.
108-121,
7excluding section 109 of P.L.
108-121, P.L.
108-311, excluding sections 306, 307, 308,
8316, 401, and 403 (a) of P.L.
108-311,
and P.L.
108-357, excluding sections 101, 201,
9211, 242, 244, 336, 337,
422, 847, 909, and 910 of P.L.
108-357,
P.L. 109-7, P.L.
10109-135, excluding sections 101, 105, 201 (a) as it relates to section 1400S (a), 402
11(e), 403 (e), (j), and (q), and 405 of P.L. 109-135, and P.L. 109-280, excluding sections
12811 and 844 of P.L. 109-280, and changes that indirectly affect the provisions
13applicable to this subchapter made by P.L.
106-36, P.L.
106-170, P.L.
106-230, 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
, 301
16(a), and 406 of P.L.
107-147, P.L.
107-181, P.L.
107-276, P.L.
108-121, excluding
17section 109 of P.L.
108-121, P.L.
108-311, excluding sections 306, 307, 308,
316, 401,
18and 403 (a) of P.L.
108-311,
and P.L.
108-357, excluding sections 101, 201,
211, 242, 19244, 336, 337,
422, 847, 909, and 910 of P.L.
108-357,
P.L. 109-7, P.L. 109-135,
20excluding sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e),
21(j), and (q), and 405 of P.L. 109-135, and P.L. 109-280, excluding sections 811 and 844
22of P.L. 109-280, apply for Wisconsin purposes at the same time as for federal
23purposes.
SB40-SSA1,997,18
171.42
(2) (n) For taxable years that begin after December 31, 1999, and before
2January 1, 2003, "Internal Revenue Code" means the federal Internal Revenue Code
3as amended to December 31, 1999, excluding sections 103, 104, and 110 of P.L.
4102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66 5and sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, and as
6amended by P.L.
106-230, P.L.
106-554, excluding sections 162 and 165 of P.L.
7106-554, P.L.
107-15, P.L.
107-16, excluding section 431 of P.L.
107-16, P.L.
107-22,
8P.L.
107-116, P.L.
107-134, P.L.
107-147, excluding sections 101
, 301 (a), and 406 of
9P.L.
107-147, P.L.
107-181, P.L.
107-210, P.L.
107-276, P.L.
107-358, P.L.
108-27,
10excluding sections 106, 201, and 202 of P.L.
108-27, P.L.
108-121, excluding section
11109 of P.L.
108-121, P.L.
108-218, P.L.
108-311, excluding sections 306, 307, 308,
12316, 401, and 403 (a) of P.L.
108-311,
and P.L.
108-357, excluding sections 101, 201,
13211, 242, 244, 336, 337,
422, 847, 909, and 910 of P.L.
108-357,
P.L. 109-7, P.L.
14109-58, excluding sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328,
151329, 1348, and 1351 of P.L. 109-58, P.L. 109-135, excluding sections 101, 105, 201
16(a) as it relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L.
17109-135, and P.L. 109-280, excluding sections 811 and 844 of P.L. 109-280, and as
18indirectly affected by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
19101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections
20103, 104, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding
21sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, P.L.
22103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188, excluding sections
231123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
24104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
25106-36, P.L.
106-170, P.L.
106-230, P.L.
106-554, excluding sections 162 and 165 of
1P.L.
106-554, P.L.
107-15, P.L.
107-16, excluding section 431 of P.L.
107-16, P.L.
2107-22, P.L.
107-116, P.L.
107-134, P.L.
107-147, excluding sections 101
, 301 (a), 3and 406 of P.L.
107-147, P.L.
107-181, P.L.
107-210, P.L.
107-276, P.L.
107-358, P.L.
4108-27, excluding sections 106, 201, and 202 of P.L.
108-27, P.L.
108-121, excluding
5section 109 of P.L.
108-121, P.L.
108-218, P.L.
108-311, excluding sections 306, 307,
6308,
316, 401, and 403 (a) of P.L.
108-311,
and P.L.
108-357, excluding sections 101,
7201,
211, 242, 244, 336, 337,
422, 847, 909, and 910 of P.L.
108-357,
P.L. 109-7, P.L.
8109-58, excluding sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328,
91329, 1348, and 1351 of P.L. 109-58, P.L. 109-135, excluding sections 101, 105, 201
10(a) as it relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L.
11109-135, and P.L. 109-280, excluding sections 811 and 844 of P.L. 109-280, except
12that "Internal Revenue Code" does not include section 847 of the federal Internal
13Revenue Code. The Internal Revenue Code applies for Wisconsin purposes at the
14same time as for federal purposes. Amendments to the federal Internal Revenue
15Code enacted after December 31, 1999, do not apply to this paragraph with respect
16to taxable years beginning after December 31, 1999, and before January 1, 2003,
17except that changes to the Internal Revenue Code made by P.L.
106-230, P.L.
18106-554, excluding sections 162 and 165 of P.L.
106-554, P.L.
107-15, P.L.
107-16,
19excluding section 431 of P.L.
107-16, P.L.
107-22, P.L.
107-116, P.L.
107-134, P.L.
20107-147, excluding sections 101
, 301 (a), and 406 of P.L.
107-147, P.L.
107-181, P.L.
21107-210, P.L.
107-276, P.L.
107-358, P.L.
108-27, excluding sections 106, 201, and
22202 of P.L.
108-27, P.L.
108-121, excluding section 109 of P.L.
108-121, P.L.
108-218,
23P.L.
108-311, excluding sections 306, 307, 308,
316, 401, and 403 (a) of P.L.
108-311,
24and P.L.
108-357, excluding sections 101, 201,
211, 242, 244, 336, 337,
422, 847, 909,
25and 910 of P.L.
108-357,
P.L. 109-7, P.L. 109-58, excluding sections 1305, 1308,
11309, 1310, 1323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L. 109-58, P.L.
2109-135, excluding sections 101, 105, 201 (a) as it relates to section 1400S (a), 402
3(e), 403 (e), (j), and (q), and 405 of P.L. 109-135, and P.L. 109-280, excluding sections
4811 and 844 of P.L. 109-280, and changes that indirectly affect the provisions
5applicable to this subchapter made by P.L.
106-230, P.L.
106-554, excluding sections
6162 and 165 of P.L.
106-554, P.L.
107-15, P.L.
107-16, excluding section 431 of P.L.
7107-16, P.L.
107-22, P.L.
107-116, P.L.
107-134, P.L.
107-147, excluding sections
8101
, 301 (a), and 406 of P.L.
107-147, P.L.
107-181, P.L.
107-210, P.L.
107-276, P.L.
9107-358, P.L.
108-27, excluding sections 106, 201, and 202 of P.L.
108-27, P.L.
10108-121, excluding section 109 of P.L.
108-121, P.L.
108-218, P.L.
108-311,
11excluding sections 306, 307, 308,
316, 401, and 403 (a) of P.L.
108-311,
and P.L.
12108-357, excluding sections 101, 201,
211, 242, 244, 336, 337,
422, 847, 909, and 910
13of P.L.
108-357,
P.L. 109-7, P.L. 109-58, excluding sections 1305, 1308, 1309, 1310,
141323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L. 109-58, P.L. 109-135,
15excluding sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e),
16(j), and (q), and 405 of P.L. 109-135, and P.L. 109-280, excluding sections 811 and 844
17of P.L. 109-280, apply for Wisconsin purposes at the same time as for federal
18purposes.
SB40-SSA1,999,2520
71.42
(2) (o) For taxable years that begin after December 31, 2002, and before
21January 1, 2004, "Internal Revenue Code" means the federal Internal Revenue Code
22as amended to December 31, 2002, excluding sections 103, 104, and 110 of P.L.
23102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66,
24sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
106-519,
25sections 162 and 165 of P.L.
106-554, P.L.
106-573, section 431 of P.L.
107-16, and
1section sections 101
and 301 (a) of P.L.
107-147, and as amended by P.L.
108-27,
2excluding sections 106, 201, and 202 of P.L.
108-27, P.L.
108-121, excluding section
3109 of P.L.
108-121, P.L.
108-173, excluding section 1201 of P.L.
108-173, P.L.
4108-203, P.L.
108-218, P.L.
108-311, excluding sections 306, 307, 308,
316, 401, and
5403 (a) of P.L.
108-311, P.L.
108-357, excluding sections 101, 201,
211, 242, 244, 336,
6337,
422, 847, 909, and 910 of P.L.
108-357,
and P.L.
108-375,
P.L. 109-7, P.L.
7109-58, excluding sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328,
81329, 1348, and 1351 of P.L. 109-58, P.L. 109-135, excluding sections 101, 105, 201
9(a) as it relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L.
10109-135, and P.L. 109-280, excluding sections 811 and 844 of P.L. 109-280, and as
11indirectly affected by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
12101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections
13103, 104, and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding
14sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, P.L.
15103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188, excluding sections
161123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
17104-193, P.L.
105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
18106-36, P.L.
106-170, P.L.
106-230, P.L.
106-554, excluding sections 162 and 165 of
19P.L.
106-554, P.L.
107-15, P.L.
107-16, excluding section 431 of P.L.
107-16, P.L.
20107-22, P.L.
107-116, P.L.
107-134, P.L.
107-147, excluding
section sections 101
and
21301 (a) of P.L.
107-147, P.L.
107-181, P.L.
107-210, P.L.
107-276, 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.
108-173, excluding section 1201 of P.L.
108-173,
24P.L.
108-203, P.L.
108-218, P.L.
108-311, excluding sections 306, 307, 308,
316, 401,
25and 403 (a) of P.L.
108-311, P.L.
108-357, excluding sections 101, 201,
211, 242, 244,
1336, 337,
422, 847, 909, and 910 of P.L.
108-357,
and P.L.
108-375,
P.L. 109-7, P.L.
2109-58, excluding sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328,
31329, 1348, and 1351 of P.L. 109-58, P.L. 109-135, excluding sections 101, 105, 201
4(a) as it relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L.
5109-135, and P.L. 109-280, excluding sections 811 and 844 of P.L. 109-280, except
6that "Internal Revenue Code" does not include section 847 of the federal Internal
7Revenue Code. The Internal Revenue Code applies for Wisconsin purposes at the
8same time as for federal purposes. Amendments to the federal Internal Revenue
9Code enacted after December 31, 2002, do not apply to this paragraph with respect
10to taxable years beginning after December 31, 2002, and before January 1, 2004,
11except that changes to the Internal Revenue Code made by 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.
108-173, excluding section 1201 of P.L.
108-173, P.L.
108-203, P.L.
14108-218, P.L.
108-311, excluding sections 306, 307, 308,
316, 401, and 403 (a) of P.L.
15108-311, P.L.
108-357, excluding sections 101, 201,
211, 242, 244, 336, 337,
422, 847, 16909, and 910 of P.L.
108-357,
and P.L.
108-375,
P.L. 109-7, P.L. 109-58, excluding
17sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351
18of P.L. 109-58, P.L. 109-135, excluding sections 101, 105, 201 (a) as it relates to
19section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L. 109-135, and P.L.
20109-280, excluding sections 811 and 844 of P.L. 109-280, and changes that indirectly
21affect the provisions applicable to this subchapter made by P.L.
108-27, excluding
22sections 106, 201, and 202 of P.L.
108-27, P.L.
108-121, excluding section 109 of P.L.
23108-121, P.L.
108-173, excluding section 1201 of P.L.
108-173, P.L.
108-203, P.L.
24108-218, P.L.
108-311, excluding sections 306, 307, 308,
316, 401, and 403 (a) of P.L.
25108-311, P.L.
108-357, excluding sections 101, 201,
211, 242, 244, 336, 337,
422, 847,
1909, and 910 of P.L.
108-357,
and P.L.
108-375,
P.L. 109-7, P.L. 109-58, excluding
2sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351
3of P.L. 109-58, P.L. 109-135, excluding sections 101, 105, 201 (a) as it relates to
4section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L. 109-135, and P.L.
5109-280, excluding sections 811 and 844 of P.L. 109-280, apply for Wisconsin
6purposes at the same time as for federal purposes.
SB40-SSA1,1002,178
71.42
(2) (p) For taxable years that begin after December 31, 2003, and before
9January 1, 2005, "Internal Revenue Code" means the federal Internal Revenue Code
10as amended to December 31, 2003, 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,
12sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
106-519,
13sections 162 and 165 of P.L.
106-554, P.L.
106-573, section 431 of P.L.
107-16,
section 14sections 101
and 301 (a) of P.L.
107-147, sections 106, 201, and 202 of P.L.
108-27,
15section 109 of P.L.
108-121, and section 1201 of P.L.
108-173, and as amended by P.L.
16108-203, P.L.
108-218, P.L.
108-311, excluding sections 306, 307, 308,
316, 401, and
17403 (a) of P.L.
108-311, P.L.
108-357, excluding sections 101, 201,
211, 242, 244, 336,
18337,
422, 847, 909, and 910 of P.L.
108-357, P.L.
108-375,
and P.L.
108-476,
P.L.
19109-7, P.L. 109-58, excluding sections 1305, 1308, 1309, 1310, 1323, 1324, 1325,
201326, 1328, 1329, 1348, and 1351 of P.L. 109-58, P.L. 109-73, excluding section 301
21of P.L. 109-73, P.L. 109-135, excluding sections 101, 105, 201 (a) as it relates to
22section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L. 109-135, P.L. 109-227,
23and P.L. 109-280, excluding sections 811 and 844 of P.L. 109-280, and as indirectly
24affected by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
25101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104, and
1110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections
213113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
3103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188, excluding sections 1123 (b), 1202
4(c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
5105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
6106-170, P.L.
106-230, P.L.
106-554, excluding sections 162 and 165 of P.L.
106-554,
7P.L.
107-15, P.L.
107-16, excluding section 431 of P.L.
107-16, P.L.
107-22, P.L.
8107-116, P.L.
107-134, P.L.
107-147, excluding
section
sections 101
and 301 (a) of
9P.L.
107-147, P.L.
107-181, P.L.
107-210, P.L.
107-276, P.L.
107-358, P.L.
108-27,
10excluding sections 106, 201, and 202 of P.L.
108-27, P.L.
108-121, excluding section
11109 of P.L.
108-121, P.L.
108-173, excluding section 1201 of P.L.
108-173, P.L.
12108-203, P.L.
108-218, P.L.
108-311, excluding sections 306, 307, 308,
316, 401, and
13403 (a) of P.L.
108-311, P.L.
108-357, excluding sections 101, 201,
211, 242, 244, 336,
14337,
422, 847, 909, and 910 of P.L.
108-357, P.L.
108-375,
and P.L.
108-476,
P.L.
15109-7, P.L. 109-58, excluding sections 1305, 1308, 1309, 1310, 1323, 1324, 1325,
161326, 1328, 1329, 1348, and 1351 of P.L. 109-58, P.L. 109-73, excluding section 301
17of P.L. 109-73, P.L. 109-135, excluding sections 101, 105, 201 (a) as it relates to
18section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L. 109-135, P.L. 109-227,
19and P.L. 109-280, excluding sections 811 and 844 of P.L. 109-280, except that
20"Internal Revenue Code" does not include section 847 of the federal Internal Revenue
21Code. The Internal Revenue Code applies for Wisconsin purposes at the same time
22as for federal purposes. Amendments to the federal Internal Revenue Code enacted
23after December 31, 2003, do not apply to this paragraph with respect to taxable years
24beginning after December 31, 2003, and before January 1, 2005, except that changes
25to the Internal Revenue Code made by P.L.
108-203, P.L.
108-218, P.L.
108-311,
1excluding sections 306, 307, 308,
316, 401, and 403 (a) of P.L.
108-311, P.L.
108-357,
2excluding sections 101, 201,
211, 242, 244, 336, 337,
422, 847, 909, and 910 of P.L.
3108-357, P.L.
108-375,
and P.L.
108-476,
P.L. 109-7, P.L. 109-58, excluding sections
41305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L.
5109-58, P.L. 109-73, excluding section 301 of P.L. 109-73, P.L. 109-135, excluding
6sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e), (j), and
7(q), and 405 of P.L. 109-135, P.L. 109-227, and P.L. 109-280, excluding sections 811
8and 844 of P.L. 109-280, and changes that indirectly affect the provisions applicable
9to this subchapter made by P.L.
108-203, P.L.
108-218, P.L.
108-311, excluding
10sections 306, 307, 308,
316, 401, and 403 (a) of P.L.
108-311, P.L.
108-357, excluding
11sections 101, 201,
211, 242, 244, 336, 337,
422, 847, 909, and 910 of P.L.
108-357, P.L.
12108-375,
and P.L.
108-476,
P.L. 109-7, P.L. 109-58, excluding sections 1305, 1308,
131309, 1310, 1323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L. 109-58, P.L.
14109-73, excluding section 301 of P.L. 109-73, P.L. 109-135, excluding sections 101,
15105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of
16P.L. 109-135, P.L. 109-227, and P.L. 109-280, excluding sections 811 and 844 of P.L.
17109-280, apply for Wisconsin purposes at the same time as for federal purposes.
SB40-SSA1,1004,2519
71.42
(2) (q) For taxable years that begin after December 31, 2004,
and before
20January 1, 2006, "Internal Revenue Code" means the federal Internal Revenue Code
21as amended to December 31, 2004, excluding sections 103, 104, and 110 of P.L.
22102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66,
23sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, sections 1, 3,
244, and 5 of P.L.
106-519, sections 162 and 165 of P.L.
106-554, P.L.
106-573, section
25431 of P.L.
107-16,
section sections 101
and 301 (a) of P.L.
107-147, sections 106, 201,
1and 202 of P.L.
108-27, section 1201 of P.L.
108-173, sections 306, 308,
316, 401, and
2403 (a) of P.L.
108-311, and sections 101, 201,
211, 242, 244, 336, 337,
422, 847, 909,
3and 910 of P.L.
108-357,
and as amended by P.L. 109-7, P.L. 109-58, excluding
4sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351
5of P.L. 109-58, P.L. 109-73, excluding section 301 of P.L. 109-73, P.L. 109-135,
6excluding sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e),
7(j), and (q), and 405 of P.L. 109-135, P.L. 109-151, P.L. 109-222, excluding sections
8101, 207, 209, 503, 512, and 513 of P.L. 109-222, P.L. 109-227, and P.L. 109-280,
9excluding sections 811 and 844 of P.L. 109-280, and as indirectly affected by P.L.
1099-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
11101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104, and 110 of P.L.
12102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150
13(d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
14103-465, P.L.
104-7, P.L.
104-188, excluding sections 1123 (b), 1202 (c), 1204 (f),
151311, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
105-33, P.L.
16105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
106-170, P.L.
17106-230, P.L.
106-554, excluding sections 162 and 165 of P.L.
106-554, P.L.
107-15,
18P.L.
107-16, excluding section 431 of P.L.
107-16, P.L.
107-22, P.L.
107-116, P.L.
19107-134, P.L.
107-147, excluding
section sections 101
and 301 (a) of P.L.
107-147,
20P.L.
107-181, P.L.
107-210, P.L.
107-276, P.L.
107-358, P.L.
108-27, excluding
21sections 106, 201, and 202 of P.L.
108-27, P.L.
108-121, P.L.
108-173, excluding
22section 1201 of P.L.
108-173, P.L.
108-203, P.L.
108-218, P.L.
108-311, excluding
23sections 306, 308,
316, 401, and 403 (a) of P.L.
108-311, P.L.
108-357, excluding
24sections 101, 201,
211, 242, 244, 336, 337,
422, 847, 909, and 910 of P.L.
108-357, P.L.
25108-375,
and P.L.
108-476,
P.L. 109-7, P.L. 109-58, excluding sections 1305, 1308,
11309, 1310, 1323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L. 109-58, P.L.
2109-73, excluding section 301 of P.L. 109-73, P.L. 109-135, excluding sections 101,
3105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of
4P.L. 109-135, P.L. 109-151, P.L. 109-222, excluding sections 101, 207, 209, 503, 512,
5and 513 of P.L. 109-222, P.L. 109-227, and P.L. 109-280, excluding sections 811 and
6844 of P.L. 109-280, 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, 2004, do not apply to this
10paragraph with respect to taxable years beginning after December 31, 2004
, and
11before January 1, 2006, except that changes to the Internal Revenue Code made by
12P.L. 109-7, P.L. 109-58, excluding sections 1305, 1308, 1309, 1310, 1323, 1324, 1325,
131326, 1328, 1329, 1348, and 1351 of P.L. 109-58, P.L. 109-73, excluding section 301
14of P.L. 109-73, P.L. 109-135, excluding sections 101, 105, 201 (a) as it relates to
15section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L. 109-135, P.L. 109-151,
16P.L. 109-222, excluding sections 101, 207, 209, 503, 512, and 513 of P.L. 109-222, P.L.
17109-227, and P.L. 109-280, excluding sections 811 and 844 of P.L. 109-280, and
18changes that indirectly affect the provisions applicable to this subchapter made by
19P.L. 109-7, P.L. 109-58, excluding sections 1305, 1308, 1309, 1310, 1323, 1324, 1325,
201326, 1328, 1329, 1348, and 1351 of P.L. 109-58, P.L. 109-73, excluding section 301
21of P.L. 109-73, P.L. 109-135, excluding sections 101, 105, 201 (a) as it relates to
22section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L. 109-135, P.L. 109-151,
23P.L. 109-222, excluding sections 101, 207, 209, 503, 512, and 513 of P.L. 109-222, P.L.
24109-227, and P.L. 109-280, excluding sections 811 and 844 of P.L. 109-280, apply for
25Wisconsin purposes at the same time as for federal purposes.
SB40-SSA1,1006,252
71.42
(2) (r) For taxable years that begin after December 31, 2005, and before
3January 1, 2007, "Internal Revenue Code" means the federal Internal Revenue Code
4as amended to December 31, 2005, 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,
6sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, sections 1, 3,
74, and 5 of P.L.
106-519, sections 162 and 165 of P.L.
106-554, P.L.
106-573, section
8431 of P.L.
107-16, sections 101 and 301 (a) of P.L.
107-147, sections 106, 201, and
9202 of P.L.
108-27, section 1201 of P.L.
108-173, sections 306, 308, 316, 401, and 403
10(a) of P.L.
108-311, sections 101, 201, 211, 242, 244, 336, 337, 422, 847, 909, and 910
11of P.L.
108-357, P.L.
109-1, sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326,
121328, 1329, 1348, and 1351 of P.L.
109-58, section 11146 of P.L.
109-59, section 301
13of P.L.
109-73, and sections 101, 105, 201 (a) as it relates to section 1400S (a), 402
14(e), 403 (e), (j), and (q), and 405 of P.L.
109-135, and as amended by P.L.
109-222,
15excluding sections 101, 207, 209, 503, 512, and 513 of P.L.
109-222, P.L.
109-227, and
16P.L.
109-280, excluding sections 811 and 844 of P.L.
109-280, and as indirectly
17affected by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
18101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104, and
19110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections
2013113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
21103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188, excluding sections 1123 (b), 1202
22(c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
23105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
24106-170, P.L.
106-230, P.L.
106-554, excluding sections 162 and 165 of P.L.
106-554,
25P.L.
107-15, P.L.
107-16, excluding section 431 of P.L.
107-16, P.L.
107-22, P.L.
1107-116, P.L.
107-134, P.L.
107-147, excluding sections 101 and 301 (a) of P.L.
2107-147, 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, P.L.
108-173,
4excluding section 1201 of P.L.
108-173, P.L.
108-203, P.L.
108-218, P.L.
108-311,
5excluding sections 306, 308, 316, 401, and 403 (a) of P.L.
108-311, P.L.
108-357,
6excluding sections 101, 201, 211, 242, 244, 336, 337, 422, 847, 909, and 910 of P.L.
7108-357, P.L.
108-375, P.L.
108-476, P.L.
109-7, P.L.
109-58, excluding sections
81305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L.
9109-58, P.L.
109-59, excluding section 11146 of P.L.
109-59, P.L.
109-73, excluding
10section 301 of P.L.
109-73, P.L.
109-135, excluding sections 101, 105, 201 (a) as it
11relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L.
109-135, P.L.
12109-151, P.L.
109-222, excluding sections 101, 207, 209, 503, 512, and 513 of P.L.
13109-222, P.L.
109-227, and P.L.
109-280, excluding sections 811 and 844 of P.L.
14109-280, except that "Internal Revenue Code" does not include section 847 of the
15federal Internal Revenue Code. The Internal Revenue Code applies for Wisconsin
16purposes at the same time as for federal purposes. Amendments to the federal
17Internal Revenue Code enacted after December 31, 2005, do not apply to this
18paragraph with respect to taxable years beginning after December 31, 2005, and
19before January 1, 2007, except that changes to the Internal Revenue Code made by
20P.L.
109-222, excluding sections 101, 207, 209, 503, 512, and 513 of P.L.
109-222, P.L.
21109-227, and P.L.
109-280, excluding sections 811 and 844 of P.L.
109-280, and
22changes that indirectly affect the provisions applicable to this subchapter made by
23P.L.
109-222, excluding sections 101, 207, 209, 503, 512, and 513 of P.L.
109-222, P.L.
24109-227, and P.L.
109-280, excluding sections 811 and 844 of P.L.
109-280, apply for
25Wisconsin purposes at the same time as for federal purposes.
SB40-SSA1,1008,172
71.42
(2) (s) For taxable years that begin after December 31, 2006, "Internal
3Revenue Code" means the federal Internal Revenue Code as amended to
4December 31, 2006, excluding sections 103, 104, and 110 of P.L.
102-227, sections
513113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, sections 1123 (b),
61202 (c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, sections 1, 3, 4, and 5 of P.L.
7106-519, sections 162 and 165 of P.L.
106-554, P.L.
106-573, section 431 of P.L.
8107-16, sections 101 and 301 (a) of P.L.
107-147, sections 106, 201, and 202 of P.L.
9108-27, section 1201 of P.L.
108-173, sections 306, 308, 316, 401, and 403 (a) of P.L.
10108-311, sections 101, 201, 211, 242, 244, 336, 337, 422, 847, 909, and 910 of P.L.
11108-357, P.L.
109-1, sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328,
121329, 1348, and 1351 of P.L.
109-58, section 11146 of P.L.
109-59, section 301 of P.L.
13109-73, sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e),
14(j), and (q), and 405 of P.L.
109-135, sections 101, 207, 209, 503, 512, and 513 of P.L.
15109-222, sections 811 and 844 of P.L.
109-280, and P.L.
109-432, and as indirectly
16affected by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
17101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104, and
18110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections
1913113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
20103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188, excluding sections 1123 (b), 1202
21(c), 1204 (f), 1311, and 1605 (d) of P.L.
104-188, P.L.
104-191, P.L.
104-193, P.L.
22105-33, P.L.
105-34, P.L.
105-178, P.L.
105-206, P.L.
105-277, P.L.
106-36, P.L.
23106-170, P.L.
106-230, P.L.
106-554, excluding sections 162 and 165 of P.L.
106-554,
24P.L.
107-15, P.L.
107-16, excluding section 431 of P.L.
107-16, P.L.
107-22, P.L.
25107-116, P.L.
107-134, P.L.
107-147, excluding sections 101 and 301 (a) of P.L.
1107-147, P.L.
107-181, P.L.
107-210, P.L.
107-276, P.L.
107-358, P.L.
108-27,
2excluding sections 106, 201, and 202 of P.L.
108-27, P.L.
108-121, P.L.
108-173,
3excluding section 1201 of P.L.
108-173, P.L.
108-203, P.L.
108-218, P.L.
108-311,
4excluding sections 306, 308, 316, 401, and 403 (a) of P.L.
108-311, P.L.
108-357,
5excluding sections 101, 201, 211, 242, 244, 336, 337, 422, 847, 909, and 910 of P.L.
6108-357, P.L.
108-375, P.L.
108-476, P.L.
109-7, P.L.
109-58, excluding sections
71305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L.
8109-58, P.L.
109-59, excluding section 11146 of P.L.
109-59, P.L.
109-73, excluding
9section 301 of P.L.
109-73, P.L.
109-135, excluding sections 101, 105, 201 (a) as it
10relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L.
109-135, P.L.
11109-151, P.L.
109-222, excluding sections 101, 207, 209, 503, 512, and 513 of P.L.
12109-222, P.L.
109-227, and P.L.
109-280, excluding sections 811 and 844 of P.L.
13109-280, except that "Internal Revenue Code" does not include section 847 of the
14federal Internal Revenue Code. The Internal Revenue Code applies for Wisconsin
15purposes at the same time as for federal purposes. Amendments to the federal
16Internal Revenue Code enacted after December 31, 2006, do not apply to this
17paragraph with respect to taxable years beginning after December 31, 2006.
SB40-SSA1,1009,919
71.44
(3) Extensions. In the case of a corporation required to file a return,
20when sufficient reason is shown, the department of revenue
may on written request 21shall allow an
automatic extension of
30 days 7 months or until the original due date
22of the corporation's
corresponding federal return, whichever is later
, if the
23corporation has not received an extension on its federal return. Any extension of time
24granted by law or by the internal revenue service for the filing of corresponding
25federal returns shall extend the time for filing under this subchapter to 30 days after
1the federal due date if
a copy of any extension requested of the internal revenue
2service is filed with the corporation reports the extension in the manner specified by
3the department on the return.
Termination of an automatic extension by the internal
4revenue service, or its refusal to grant such automatic extension, shall similarly
5require that any returns due under this subchapter are due on or before 30 days after
6the date for termination fixed by the internal revenue service. Except for payments
7of estimated taxes, income or franchise taxes payable upon the filing of the tax return
8shall not become delinquent during such extension period, but shall be subject to
9interest at the rate of 12% per year during such period.
SB40-SSA1,1009,1611
71.45
(2) (a) 10. By adding to federal taxable income the amount of credit
12computed under s. 71.47 (1dd) to (1dx), (3n),
(3p), (3w),
(5b), (5e), (5f), (5g),
and (5h)
,
13(5i), (5j), and (5k) and not passed through by a partnership, limited liability company,
14or tax-option corporation that has added that amount to the partnership's, limited
15liability company's, or tax-option corporation's income under s. 71.21 (4) or 71.34 (1)
16(g) and the amount of credit computed under s. 71.47 (1), (3), (3t), (4), and (5).
SB40-SSA1,1010,518
71.47
(1dx) (a) 5. "Member of a targeted group" means a person who resides
19in an area designated by the federal government as an economic revitalization area,
20a person who is employed in an unsubsidized job but meets the eligibility
21requirements under s. 49.145 (2) and (3) for a Wisconsin Works employment position,
22a person who is employed in a trial job, as defined in s. 49.141 (1) (n),
or in a real work,
23real pay project position under s. 49.147 (3m), a person who is eligible for child care
24assistance under s. 49.155, a person who is a vocational rehabilitation referral, an
25economically disadvantaged youth, an economically disadvantaged veteran, a
1supplemental security income recipient, a general assistance recipient, an
2economically disadvantaged ex-convict, a qualified summer youth employee, as
3defined in
26 USC 51 (d) (7), a dislocated worker, as defined in
29 USC 2801 (9), or
4a food stamp recipient, if the person has been certified in the manner under sub. (1dj)
5(am) 3. by a designated local agency, as defined in sub. (1dj) (am) 2.
SB40-SSA1,1010,117
71.47
(1dx) (b) 2. The amount determined by multiplying the amount
8determined under s. 560.785 (1) (b) by the number of full-time jobs created in a
9development zone and filled by a member of a targeted group and by then subtracting
10the subsidies paid under s. 49.147 (3) (a)
or the subsidies and reimbursements paid
11under s. 49.147 (3m) (c) for those jobs.
SB40-SSA1,1010,1713
71.47
(1dx) (b) 3. The amount determined by multiplying the amount
14determined under s. 560.785 (1) (c) by the number of full-time jobs created in a
15development zone and not filled by a member of a targeted group and by then
16subtracting the subsidies paid under s. 49.147 (3) (a)
or the subsidies and
17reimbursements paid under s. 49.147 (3m) (c) for those jobs.
SB40-SSA1,1010,2519
71.47
(1dx) (b) 4. The amount determined by multiplying the amount
20determined under s. 560.785 (1) (bm) by the number of full-time jobs retained, as
21provided in the rules under s. 560.785, excluding jobs for which a credit has been
22claimed under sub. (1dj), in an enterprise development zone under s. 560.797 and for
23which significant capital investment was made and by then subtracting the
24subsidies paid under s. 49.147 (3) (a)
or the subsidies and reimbursements paid
25under s. 49.147 (3m) (c) for those jobs.
SB40-SSA1,1011,72
71.47
(1dx) (b) 5. The amount determined by multiplying the amount
3determined under s. 560.785 (1) (c) by the number of full-time jobs retained, as
4provided in the rules under s. 560.785, excluding jobs for which a credit has been
5claimed under sub. (1dj), in a development zone and not filled by a member of a
6targeted group and by then subtracting the subsidies paid under s. 49.147 (3) (a)
or
7the subsidies and reimbursements paid under s. 49.147 (3m) (c) for those jobs.
SB40-SSA1,1011,109
71.47
(3p) Dairy manufacturing facility investment credit. (a)
Definitions.
10In this subsection:
SB40-SSA1,1011,1111
1. "Claimant" means a person who files a claim under this subsection.
SB40-SSA1,1011,1312
2. "Dairy manufacturing" means processing milk into dairy products or
13processing dairy products for sale commercially.
SB40-SSA1,1011,1814
3. "Dairy manufacturing modernization or expansion" means constructing,
15improving, or acquiring buildings or facilities, or acquiring equipment, for dairy
16manufacturing, including the following, if used exclusively for dairy manufacturing
17and if acquired and placed in service in this state during taxable years that begin
18after December 31, 2006, and before January 1, 2015:
SB40-SSA1,1011,1919
a. Building construction, including storage and warehouse facilities.
SB40-SSA1,1011,2020
b. Building additions.
SB40-SSA1,1011,2121
c. Upgrades to utilities, including water, electric, heat, and waste facilities.
SB40-SSA1,1011,2222
d. Milk intake and storage equipment.
SB40-SSA1,1011,2523
e. Processing and manufacturing equipment, including pipes, motors, pumps,
24valves, pasteurizers, homogenizers, vats, evaporators, dryers, concentrators, and
25churns.
SB40-SSA1,1012,2
1f. Packaging and handling equipment, including sealing, bagging, boxing,
2labeling, conveying, and product movement equipment.
SB40-SSA1,1012,33
g. Warehouse equipment, including storage racks.
SB40-SSA1,1012,64
h. Waste treatment and waste management equipment, including tanks,
5blowers, separators, dryers, digesters, and equipment that uses waste to produce
6energy, fuel, or industrial products.
SB40-SSA1,1012,97
i. Computer software and hardware used for managing the claimant's dairy
8manufacturing operation, including software and hardware related to logistics,
9inventory management, and production plant controls.
SB40-SSA1,1012,1110
4. "Used exclusively" means used to the exclusion of all other uses except for
11use not exceeding 5 percent of total use.
SB40-SSA1,1012,1712
(b)
Filing claims. Subject to the limitations provided in this subsection, for
13taxable years beginning after December 31, 2006, and before January 1, 2015, a
14claimant may claim as a credit against the taxes imposed under s. 71.43, up to the
15amount of the tax, an amount equal to 10 percent of the amount the claimant paid
16in the taxable year for dairy manufacturing modernization or expansion related to
17the claimant's dairy manufacturing operation.
SB40-SSA1,1012,2018
(c)
Limitations. 1. No credit may be allowed under this subsection for any
19amount that the claimant paid for expenses described under par. (b) that the
20claimant also claimed as a deduction under section
162 of the Internal Revenue Code.
SB40-SSA1,1012,2221
2. The aggregate amount of credits that a claimant may claim under this
22subsection is $200,000.
SB40-SSA1,1013,623
3. Partnerships, limited liability companies, and tax-option corporations may
24not claim the credit under this subsection, but the eligibility for, and the amount of,
25the credit are based on their payment of expenses under par. (b), except that the
1aggregate amount of credits that the entity may compute shall not exceed $200,000.
2A partnership, limited liability company, or tax-option corporation shall compute
3the amount of credit that each of its partners, members, or shareholders may claim
4and shall provide that information to each of them. Partners, members of limited
5liability companies, and shareholders of tax-option corporations may claim the
6credit in proportion to their ownership interest.
SB40-SSA1,1013,107
4. If 2 or more persons own and operate the dairy manufacturing operation,
8each person may claim a credit under par. (b) in proportion to his or her ownership
9interest, except that the aggregate amount of the credits claimed by all persons who
10own and operate the dairy manufacturing operation shall not exceed $200,000.
SB40-SSA1,1013,1211
(d)
Administration. Section 71.28 (4) (e) to (h), as it applies to the credit under
12s. 71.28 (4), applies to the credit under this subsection.
SB40-SSA1,1013,1514
71.47
(3w) (a) 5m. "Wages" means wages under section
3306 (b) of the Internal
15Revenue Code, determined without regard to any dollar limitations.
SB40-SSA1,1013,2117
71.47
(3w) (a) 6. "Zone payroll" means the amount of state payroll that is
18attributable to
compensation wages paid to
individuals full-time employees for
19services that are performed in
a an enterprise zone. "Zone payroll" does not include
20the amount of
compensation wages paid to any
individuals full-time employees that
21exceeds $100,000.
SB40-SSA1, s. 2098
22Section
2098. 71.47 (3w) (b) 1. a. of the statutes is amended to read:
SB40-SSA1,1014,323
71.47
(3w) (b) 1. a. The
claimant's zone payroll in the taxable year, minus the
24claimant's zone payroll number of full-time employees whose annual wages are
25greater than $30,000 and who the claimant employed in the enterprise zone in the
1taxable year, minus the number of full-time employees whose annual wages were
2greater than $30,000 and who the claimant employed in the area that comprises the
3enterprise zone in the base year.
SB40-SSA1, s. 2099
4Section
2099. 71.47 (3w) (b) 1. b. of the statutes is amended to read:
SB40-SSA1,1014,95
71.47
(3w) (b) 1. b. The
claimant's state payroll in the taxable year, minus the
6claimant's state payroll number of full-time employees whose annual wages are
7greater than $30,000 and who the claimant employed in the state in the taxable year,
8minus the number of full-time employees whose annual wages were greater than
9$30,000 and who the claimant employed in the state in the base year.
SB40-SSA1,1014,1611
71.47
(3w) (b) 2.
Subtract the number of Determine the claimant's average
12zone payroll by dividing total wages for full-time employees
that whose annual
13wages are greater than $30,000 and who the claimant employed in
the area that
14comprises the enterprise zone in the
base taxable year
from by the number of
15full-time employees
that whose annual wages are greater than $30,000 and who the
16claimant employed in the enterprise zone in the taxable year.
SB40-SSA1,1014,1918
71.47
(3w) (b) 3.
Multiply Subtract $30,000 from the amount determined under
19subd. 2.
, but not an amount less than zero, by $30,000.
SB40-SSA1,1014,2221
71.47
(3w) (b) 4.
Subtract Multiply the amount determined under subd. 3.
from 22by the amount determined under subd. 1.
SB40-SSA1, s. 2103
23Section
2103. 71.47 (3w) (bm) (intro.) and 4. of the statutes are consolidated,
24renumbered 71.47 (3w) (bm) and amended to read:
SB40-SSA1,1015,10
171.47
(3w) (bm)
Filing supplemental claims. In addition to the credit under
2par. (b) and subject to the limitations provided in this subsection and s. 560.799, a
3claimant may claim as a credit against the tax imposed under s. 71.43 an amount
4equal to
all of the following: 4. The the amount the claimant paid in the taxable year
5to upgrade or improve the
job-related skills of any of the claimant's full-time
6employees, to train any of the claimant's full-time employees on the use of
7job-related new technologies, or to
train provide job-related training to any
8full-time employee whose employment with the claimant represents the employee's
9first full-time job. This subdivision does not apply to employees who do not work in
10 a an enterprise zone.
SB40-SSA1,1015,1613
71.47
(3w) (d)
Administration. Section 71.28 (4) (g) and (h), as it applies to the
14credit under s. 71.28 (4), applies to the credit under this subsection.
Claimants shall
15include with their returns a copy of their certification for tax benefits, and a copy of
16the verification of their expenses, from the department of commerce.
SB40-SSA1,1015,2018
71.47
(5b) (c) 1.
The Except as provided in s. 73.03 (63), the maximum amount
19of the credits that may be claimed under this subsection and ss. 71.07 (5b) and 71.28
20(5b) for all taxable years combined is
$35,000,000
$52,500,000.
SB40-SSA1, s. 2107
21Section
2107. 71.47 (5b) (d) of the statutes is renumbered 71.47 (5b) (d) 1.
SB40-SSA1,1016,323
71.47
(5b) (d) 2. The Wisconsin adjusted basis of any investment for which a
24credit is claimed under par. (b) shall be reduced by the amount of the credit that is
25offset against Wisconsin income taxes. The Wisconsin basis of a partner's interest
1in a partnership, a member's interest in a limited liability company, or stock in a
2tax-option corporation shall be adjusted to reflect adjustments made under this
3subdivision.
SB40-SSA1,1016,125
71.47
(5e) (b)
Filing claims. Subject to the limitations provided in this
6subsection and subject to
2005 Wisconsin Act 479, section
17, beginning in the first
7taxable year following the taxable year in which the claimant claims
an exemption 8a deduction under s.
77.54 (48)
77.585 (9), a claimant may claim as a credit against
9the taxes imposed under s. 71.43, up to the amount of those taxes, in each taxable
10year for 2 years, the amount certified by the department of commerce that
resulted
11from the claimant
claimed as an exemption claiming a deduction under s.
77.54 (48) 1277.585 (9).
SB40-SSA1,1016,1514
71.47
(5e) (c) 1. No credit may be allowed under this subsection unless the
15claimant satisfies the requirements under s.
77.54 (48) 77.585 (9).
SB40-SSA1,1016,2017
71.47
(5e) (c) 3. The total amount of the credits and
exemptions the sales and
18use tax resulting from the deductions claimed under s. 77.585 (9) that may be claimed
19by all claimants under this subsection and ss. 71.07 (5e), 71.28 (5e), and
77.54 (48) 2077.585 (9) is $7,500,000, as determined by the department of commerce.
SB40-SSA1,1017,422
71.47
(5h) (a) 4. "Previously owned property" means real property that the
23claimant or a related person owned during the 2 years prior to doing business in this
24state as a film production company and for which the claimant may not deduct a loss
25from the sale of the property to, or an exchange of the property with, the related
1person under section
267 of the Internal Revenue Code
, except that section 267 of the
2Internal Revenue Code is modified so that if the claimant owns any part of the
3property, rather than 50 percent ownership, the claimant is subject to section 267 of
4the Internal Revenue Code for purposes of this subsection.
SB40-SSA1,1017,106
71.47
(5h) (c) 2. A claimant may claim the credit under par. (b) 2. for an amount
7expended to construct, rehabilitate, remodel, or repair real property, if the claimant
8began the physical work of construction, rehabilitation, remodeling, or repair, or any
9demolition or destruction in preparation for the physical work, after December 31,
102007,
or if and the completed project is placed in service after December 31, 2007.
SB40-SSA1,1017,1512
71.47
(5h) (c) 3. A claimant may claim the credit under par. (b) 2. for an amount
13expended to acquire real property, if the property is not previously owned property
14and if the claimant acquires the property after December 31, 2007,
or if and the
15completed project is placed in service after December 31, 2007.
SB40-SSA1,1017,1817
71.47
(5i) Electronic medical records credit. (a)
Definitions. In this
18subsection, "claimant" means a person who files a claim under this subsection.
