AB75-ASA1, s. 1557 9Section 1557. 71.07 (3m) (a) 4. of the statutes is amended to read:
AB75-ASA1,781,1510 71.07 (3m) (a) 4. "Gross farm profits" means gross receipts, excluding rent,
11from agricultural use, as defined in s. 91.01 (1), 2007 stats., including the fair market
12value at the time of disposition of payments in kind for placing land in federal
13programs or payments from the federal dairy termination program under 7 USC
141446
(d), less the cost or other basis of livestock or other items purchased for resale
15which are sold or otherwise disposed of during the taxable year.
AB75-ASA1, s. 1558 16Section 1558. 71.07 (3m) (e) of the statutes is created to read:
AB75-ASA1,781,1817 71.07 (3m) (e) Sunset. No new claim may be filed under this subsection for a
18taxable year that begins after December 31, 2009.
AB75-ASA1, s. 1569 19Section 1569. 71.07 (3q) of the statutes is created to read:
AB75-ASA1,781,2020 71.07 (3q) Jobs tax credit. (a) Definitions. In this subsection:
AB75-ASA1,781,2221 1. "Claimant" means a person certified to receive tax benefits under s. 560.2055
22(2).
AB75-ASA1,781,2423 2. "Eligible employee" means an eligible employee under s. 560.2055 (1) (b) who
24satisfies the wage requirements under s. 560.2055 (3) (a) or (b).
AB75-ASA1,782,3
1(b) Filing claims. Subject to the limitations provided in this subsection and s.
2560.2055, for taxable years beginning after December 31, 2011, a claimant may claim
3as a credit against the taxes imposed under s. 71.02 any of the following.
AB75-ASA1,782,64 1. The amount of wages that the claimant paid to an eligible employee in the
5taxable year, not to exceed 10 percent of such wages, as determined by the
6department of commerce under s. 560.2055.
AB75-ASA1,782,97 2. The amount of the costs incurred by the claimant in the taxable year, as
8determined under s. 560.2055, to undertake the training activities described under
9s. 560.2055 (3) (c).
AB75-ASA1,782,1710 (c) Limitations. 1. Partnerships, limited liability companies, and tax-option
11corporations may not claim the credit under this subsection, but the eligibility for,
12and the amount of, the credit are based on their payment of amounts under par. (b).
13A partnership, limited liability company, or tax-option corporation shall compute
14the amount of credit that each of its partners, members, or shareholders may claim
15and shall provide that information to each of them. Partners, members of limited
16liability companies, and shareholders of tax-option corporations may claim the
17credit in proportion to their ownership interests.
AB75-ASA1,782,2018 2. No credit may be allowed under this subsection unless the claimant includes
19with the claimant's return a copy of the claimant's certification for tax benefits under
20s. 560.2055 (2).
AB75-ASA1,782,2221 (d) Administration. 1. Section 71.28 (4) (e), (g), and (h), as it applies to the
22credit under s. 71.28 (4), applies to the credit under this subsection.
AB75-ASA1,783,223 2. If the allowable amount of the claim under par. (b) exceeds the tax otherwise
24due under s. 71.02, the amount of the claim not used to offset the tax due shall be
25certified by the department of revenue to the department of administration for

1payment by check, share draft, or other draft drawn from the appropriation account
2under s. 20.835 (2) (bb).
AB75-ASA1, s. 1571 3Section 1571. 71.07 (3s) (a) 1. of the statutes is amended to read:
AB75-ASA1,783,54 71.07 (3s) (a) 1. "Manufacturing" has the meaning given in s. 77.54 (6m), 2007
5stats
.
AB75-ASA1, s. 1572 6Section 1572. 71.07 (5) (a) 3. of the statutes is amended to read:
AB75-ASA1,783,97 71.07 (5) (a) 3. Casualty and theft deductions under section 165 (c) (3) of the
8internal revenue code, except for casualty losses that are directly related to a
9presidentially declared disaster under 26 USC 7508A
.
AB75-ASA1, s. 1575 10Section 1575. 71.07 (5b) (d) 3. of the statutes is created to read:
AB75-ASA1,783,1511 71.07 (5b) (d) 3. For calendar years beginning after December 31, 2007, if an
12investment for which a claimant claims a credit under par. (b) is held by the claimant
13for less than 3 years, the claimant shall pay to the department, in the manner
14prescribed by the department, the amount of the credit that the claimant received
15related to the investment.
AB75-ASA1, s. 1579 16Section 1579. 71.07 (5d) (d) 1. of the statutes is amended to read:
AB75-ASA1,783,2117 71.07 (5d) (d) 1. If For calendar years beginning after December 31, 2007, if an
18investment for which a claimant claims a credit under par. (b) is held by the claimant
19for less than one year 3 years, the claimant shall pay to the department, in the
20manner prescribed by the department, the amount of the credit that the claimant
21received related to the investment.
AB75-ASA1, s. 1579x 22Section 1579x. 71.07 (5f) of the statutes is repealed and recreated to read:
AB75-ASA1,783,2323 71.07 (5f) Film production services credit. (a) Definitions. In this subsection:
AB75-ASA1,784,924 1. "Accredited production" means a film, video, broadcast advertisement, or
25television production, as approved by the department of commerce, for which the

1aggregate salary and wages included in the cost of the production for the period
2ending 12 months after the month in which the principal filming or taping of the
3production begins exceeds $100,000 for a production that is 30 minutes or longer or
4$50,000 for a production that is less than 30 minutes. "Accredited production" also
5means an electronic game, as approved by the department of commerce, for which
6the aggregate salary and wages included in the cost of the production for the period
7ending 36 months after the month in which the principal programming, filming, or
8taping of the production begins exceeds $100,000. "Accredited production" does not
9include any of the following, regardless of the production costs:
AB75-ASA1,784,1110 a. News, current events, or public programming or a program that includes
11weather or market reports.
AB75-ASA1,784,1212 b. A talk show.
AB75-ASA1,784,1313 c. A production with respect to a questionnaire or contest.
AB75-ASA1,784,1414 d. A sports event or sports activity.
AB75-ASA1,784,1515 e. A gala presentation or awards show.
AB75-ASA1,784,1616 f. A finished production that solicits funds.
AB75-ASA1,784,1917 g. A production for which the production company is required under 18 USC
182257
to maintain records with respect to a performer portrayed in a single media or
19multimedia program.
AB75-ASA1,784,2120 h. A production produced primarily for industrial, corporate, or institutional
21purposes.
AB75-ASA1,784,2222 2. "Claimant" means a person who files a claim under this subsection.
AB75-ASA1,785,623 3. "Production expenditures" means any expenditures that are incurred in this
24state and directly used to produce an accredited production, including expenditures
25for set construction and operation, wardrobes, make-up, clothing accessories,

1photography, sound recording, sound synchronization, sound mixing, lighting,
2editing, film processing, film transferring, special effects, visual effects, renting or
3leasing facilities or equipment, renting or leasing motor vehicles, food, lodging, and
4any other similar expenditure as determined by the department of commerce.
5"Production expenditures" do not include salary, wages, or labor-related contract
6payments.
AB75-ASA1,785,97 (b) Filing claims. Subject to the limitations provided in this subsection, for
8taxable years beginning after December 31, 2008, a claimant may claim as a credit
9against the tax imposed under s. 71.02 or 71.08 any of the following amounts:
AB75-ASA1,785,1910 1. An amount equal to 25 percent of the salary, wages, or labor-related contract
11payments paid by the claimant in the taxable year to individuals, including actors,
12who were residents of this state at the time that they were paid and who worked on
13an accredited production in this state, not including the salary, wages, or contract
14payments paid to any individual who was paid more than $250,000. A claimant may
15claim an additional amount equal to 3 percent of any salary, wages, or contract
16payments described in this subdivision if the individual who received the salary,
17wages, or contract payments was also living in an economically distressed area of this
18state, as determined by the department of commerce under s. 560.706 (2) (e), at the
19time that the individual was paid.
AB75-ASA1,786,220 2. An amount equal to 20 percent of the salary, wages, or labor-related contract
21payments paid by the claimant in the taxable year to individuals who were not
22residents of this state at the time that they were paid and who worked on an
23accredited production in this state, not including the salary, wages, or contract
24payments paid to any individual who was paid more than $250,000 or paid as

1above-the-line expenses to individuals such as nontechnical crew members,
2producers, writers, casting directors, and actors.
AB75-ASA1,786,43 3. An amount equal to 25 percent of the production expenditures paid by the
4claimant in the taxable year to produce an accredited production.
AB75-ASA1,786,75 (c) Limitations. 1. A claimant may not claim a credit under this subsection if
6less than 35 percent of the total budget for the accredited production is spent in this
7state.
AB75-ASA1,786,118 2. The total amount of the credits that a claimant may claim under par. (b) 2.
9in a taxable year shall not exceed an amount equal to the first $20,000 of salary,
10wages, or labor-related contract payments paid to each individual described in par.
11(b) 2. in the taxable year.
AB75-ASA1,786,1412 3. No credit may be claimed under par. (b) 3. for the purchase of tangible
13personal property or items, property, or goods under s. 77.52 (1) (b), (c), or (d) the sale
14of which is not sourced to this state, as provided under s. 77.522.
AB75-ASA1,786,1615 4. The maximum amount of all credits that a claimant may claim under this
16subsection for each accredited production is $10,000,000.
AB75-ASA1,786,2117 5. The maximum amount of the credits that may be claimed under this
18subsection and sub. (5h) and ss. 71.28 (5f) and (5h) and 71.47 (5f) and (5h) in fiscal
19year 2009-10 is $1,500,000. The maximum amount of the credits that may be
20claimed under this subsection and sub. (5h) and ss. 71.28 (5f) and (5h) and 71.47 (5f)
21and (5h) in fiscal year 2010-11 is $1,500,000.
AB75-ASA1,787,322 6. No credit may be allowed under this subsection unless the claimant files an
23application with the department of commerce, at the time and in the manner
24prescribed by the department of commerce, and the department of commerce
25approves the application. The claimant shall submit a fee with the application in an

1amount equal to 2 percent of the claimant's budgeted production expenditures or to
2$5,000, whichever is less. The claimant shall submit a copy of the approved
3application with the claimant's return.
AB75-ASA1,787,114 7. Partnerships, limited liability companies, and tax-option corporations may
5not claim the credit under this subsection, but the eligibility for, and the amount of,
6the credit are based on their payment of amounts under par. (b). A partnership,
7limited liability company, or tax-option corporation shall compute the amount of
8credit that each of its partners, members, or shareholders may claim and shall
9provide that information to each of them. Partners, members of limited liability
10companies, and shareholders of tax-option corporations may claim the credit in
11proportion to their ownership interest.
AB75-ASA1,787,1312 (d) Administration. 1. Section 71.28 (4) (e), (g), and (h), as it applies to the
13credit under s. 71.28 (4), applies to the credits under this subsection.
AB75-ASA1,787,1814 2. If the allowable amount of the claim under par. (b) exceeds the tax otherwise
15due under s. 71.02 or 71.08 or no tax is due under s. 71.02 or 71.08, the amount of the
16claim not used to offset the tax due shall be certified by the department of revenue
17to the department of administration for payment by check, share draft, or other draft
18drawn from the appropriation account under s. 20.835 (2) (bm).
AB75-ASA1, s. 1580x 19Section 1580x. 71.07 (5h) (a) 2. of the statutes is amended to read:
AB75-ASA1,787,2320 71.07 (5h) (a) 2. "Film production company" means an entity that exclusively
21creates films, videos, electronic games, broadcast advertisement, or television
22productions, not including the productions described under s. 71.07
accredited
23productions, as defined in sub.
(5f) (a) 1. a. to h.
AB75-ASA1, s. 1580yb 24Section 1580yb. 71.07 (5h) (b) (intro.) of the statutes is amended to read:
AB75-ASA1,788,7
171.07 (5h) (b) Filing claims. (intro.) Subject to the limitations provided in this
2subsection, for taxable years beginning after December 31, 2007 2008, a claimant
3may claim as a credit against the tax imposed under s. 71.02, up to the amount of the
4taxes, for the first 3 taxable years that the claimant is doing business in this state
5as a film production company,
or 71.08 an amount that is equal to 15 percent of the
6following that the claimant paid in the taxable year to establish or operate a film
7production company in this state:
AB75-ASA1, s. 1580yc 8Section 1580yc. 71.07 (5h) (b) 1. of the statutes is amended to read:
AB75-ASA1,788,129 71.07 (5h) (b) 1. The purchase price of depreciable, tangible personal property
10and items, property, and goods under s. 77.52 (1) (b), (c), and (d), if the sale of the
11tangible personal property, items, property, or goods is sourced to this state under s.
1277.522
.
AB75-ASA1, s. 1580ye 13Section 1580ye. 71.07 (5h) (c) 1. of the statutes is amended to read:
AB75-ASA1,788,1814 71.07 (5h) (c) 1. A claimant may claim the credit under par. (b) 1., if the tangible
15personal property, or item, property, or good under s. 77.52 (1) (b), (c), or (d), is
16purchased after December 31, 2007 2008, and the tangible personal property, item,
17property, or good
is used for at least 50 percent of its use in the claimant's business
18as a film production company.
AB75-ASA1, s. 1580yf 19Section 1580yf. 71.07 (5h) (c) 2. of the statutes is amended to read:
AB75-ASA1,788,2520 71.07 (5h) (c) 2. A claimant may claim the credit under par. (b) 2. for an amount
21expended to construct, rehabilitate, remodel, or repair real property, if the claimant
22began the physical work of construction, rehabilitation, remodeling, or repair, or any
23demolition or destruction in preparation for the physical work, after December 31,
242007 2008, and the completed project is placed in service after December 31, 2007
252008.
AB75-ASA1, s. 1580yg
1Section 1580yg. 71.07 (5h) (c) 3. of the statutes is amended to read:
AB75-ASA1,789,52 71.07 (5h) (c) 3. A claimant may claim the credit under par. (b) 2. for an amount
3expended to acquire real property, if the property is not previously owned property
4and if the claimant acquires the property after December 31, 2007 2008, and the
5completed project is placed in service after December 31, 2007 2008.
AB75-ASA1, s. 1580yh 6Section 1580yh. 71.07 (5h) (c) 4. of the statutes is amended to read:
AB75-ASA1,789,117 71.07 (5h) (c) 4. No claim may be allowed under this subsection unless the
8department of commerce certifies, in writing, that the credits claimed under this
9subsection are for expenses related to establishing or operating a film production
10company in this state and the claimant submits a copy of the certification with the
11claimant's return.
AB75-ASA1, s. 1580yj 12Section 1580yj. 71.07 (5h) (c) 4d. of the statutes is created to read:
AB75-ASA1,789,1513 71.07 (5h) (c) 4d. The maximum amount of all credits that a claimant may
14claim under this subsection for each project for which expenses are certified under
15subd. 4. is $10,000,000.
AB75-ASA1, s. 1580yk 16Section 1580yk. 71.07 (5h) (c) 4m. of the statutes is created to read:
AB75-ASA1,789,2117 71.07 (5h) (c) 4m. The maximum amount of the credits that may be claimed
18under this subsection and sub. (5f) and ss. 71.28 (5f) and (5h) and 71.47 (5f) and (5h)
19in fiscal year 2009-10 is $1,500,000. The maximum amount of the credits that may
20be claimed under this subsection and sub. (5f) and ss. 71.28 (5f) and (5h) and 71.47
21(5f) and (5h) in fiscal year 2010-11 is $1,500,000.
AB75-ASA1, s. 1580yL 22Section 1580yL. 71.07 (5h) (d) of the statutes is renumbered 71.07 (5h) (d) 1.
23and amended to read:
AB75-ASA1,789,2524 71.07 (5h) (d) 1. Section 71.28 (4) (e) to , (g), and (h), as it applies to the credit
25under s. 71.28 (4), applies to the credits under this subsection.
AB75-ASA1, s. 1580ym
1Section 1580ym. 71.07 (5h) (d) 2. of the statutes is created to read:
AB75-ASA1,790,72 71.07 (5h) (d) 2. If the allowable amount of the claim under par. (b) exceeds
3the tax otherwise due under s. 71.02 or 71.08 or no tax is due under s. 71.02 or
471.08, the amount of the claim not used to offset the tax due shall be certified by
5the department of revenue to the department of administration for payment by
6check, share draft, or other draft drawn from the appropriation account under s.
720.835 (2) (bL).
AB75-ASA1, s. 1582 8Section 1582. 71.07 (5i) (b) of the statutes is amended to read:
AB75-ASA1,790,159 71.07 (5i) (b) Filing claims. Subject to the limitations provided in this
10subsection, for taxable years beginning after December 31, 2009 2011, a claimant
11may claim as a credit against the taxes imposed under s. ss. 71.02 and 71.08, up to
12the amount of those taxes, an amount equal to 50 percent of the amount the claimant
13paid in the taxable year for information technology hardware or software that is used
14to maintain medical records in electronic form, if the claimant is a health care
15provider, as defined in s. 146.81 (1) (a) to (p).
AB75-ASA1, s. 1583 16Section 1583. 71.07 (5j) (b) of the statutes is amended to read:
AB75-ASA1,790,2317 71.07 (5j) (b) Filing claims. Subject to the limitations provided in this
18subsection, for taxable years beginning after December 31, 2007, and before January
191, 2018, a claimant may claim as a credit against the taxes imposed under s. ss. 71.02
20and 71.08, up to the amount of the taxes, an amount that is equal to 25 percent of the
21amount that the claimant paid in the taxable year to install or retrofit pumps located
22in this state that dispense motor vehicle fuel consisting of at least 85 percent ethanol
23or at least 20 percent biodiesel fuel.
AB75-ASA1, s. 1583d 24Section 1583d. 71.07 (5k) (b) of the statutes is amended to read:
AB75-ASA1,791,6
171.07 (5k) (b) Filing claims. Subject to the limitations provided in this
2subsection, for taxable years beginning after July 1, 2009 2011, a claimant may claim
3as a credit against the tax imposed under s. 71.02, up to the amount of those taxes,
4an amount equal to 5 percent of the amount the claimant paid in the taxable year to
5a community rehabilitation program to perform work for the claimant's business,
6pursuant to a contract.
AB75-ASA1, s. 1584 7Section 1584. 71.07 (8r) of the statutes is created to read:
AB75-ASA1,791,98 71.07 (8r) Beginning farmer and farm asset owner tax credit. (a) Definitions.
9In this subsection:
AB75-ASA1,791,1110 1. "Agricultural assets" means machinery, equipment, facilities, or livestock
11that is used in farming.
AB75-ASA1,791,1312 2. "Beginning farmer" means a person who meets the conditions specified in s.
1393.53 (2).
AB75-ASA1,791,1514 3. "Claimant" means a beginning farmer who files a claim under this subsection
15or an established farmer who files a claim under this subsection.
AB75-ASA1,791,1916 4. "Educational institution" means the Wisconsin Technical College System,
17the University of Wisconsin-Extension, the University of Wisconsin-Madison, or
18any other institution that is approved by the department of agriculture, trade and
19consumer protection under s. 93.53 (6) (a).
AB75-ASA1,791,2120 5. "Established farmer" means a person who meets the conditions specified in
21s. 93.53 (3).
AB75-ASA1,791,2322 6. "Farming" has the meaning given in section 464 (e) (1) of the Internal
23Revenue Code.
AB75-ASA1,791,2524 7. "Financial management program" means a course in farm financial
25management that is offered by an educational institution.
AB75-ASA1,792,3
18. "Lease amount" is the amount of the cash payment paid by a beginning
2farmer to an established farmer each year for leasing the established farmer's
3agricultural assets.
AB75-ASA1,792,124 (b) Filing claims. 1. For taxable years beginning after December 31, 2010, and
5subject to the limitations provided in this subsection, a beginning farmer may claim
6as a credit against the tax imposed under s. 71.02 or 71.08, on a one-time basis, the
7amount paid by the beginning farmer to enroll in a financial management program
8in the year to which the claim relates. If the allowable amount of the claim exceeds
9the income taxes otherwise due on the beginning farmer's income, the amount of the
10claim not used as an offset against those taxes shall be certified by the department
11of revenue to the department of administration for payment to the claimant by check,
12share draft, or other draft from the appropriation under s. 20.835 (2) (en).
AB75-ASA1,792,2113 2. For taxable years beginning after December 31, 2010, and subject to the
14limitations provided in this subsection, an established farmer may claim as a credit
15against the tax imposed under s. 71.02 or 71.08 15 percent of the lease amount
16received by the established farmer in the year to which the claim relates. If the
17allowable amount of the claim exceeds the income taxes otherwise due on the
18established farmer's income, the amount of the claim not used as an offset against
19those taxes shall be certified by the department of revenue to the department of
20administration for payment to the claimant by check, share draft, or other draft from
21the appropriation under s. 20.835 (2) (en).
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