LRBa0301/1
JK:nwn/jld/kjf:ph
January 2011 Special Session
2011 - 2012 LEGISLATURE
SENATE AMENDMENT 1,
TO ASSEMBLY BILL 4
January 25, 2011 - Offered by Senators Miller, Hansen, Lassa, Wirch, Vinehout,
C. Larson, Holperin, Taylor
and Erpenbach.
AB4-SA1,1,11 At the locations indicated, amend the bill as follows:
AB4-SA1,1,2 21. Page 1, line 2: after "program" insert "or the jobs tax credit".
AB4-SA1,1,4 32. Page 1, line 4: on page 1, line 2, of the material inserted by assembly
4amendment 6, after "(am)" insert ", (an),".
AB4-SA1,1,5 53. Page 2, line 5: before that line insert:
AB4-SA1,1,6 6" Section 1n. 560.703 (1) (an) of the statutes is created to read:
AB4-SA1,1,117 560.703 (1) (an) If the department does not allocate the additional $25,000,000
8in tax benefits specified in par. (a) before July 1, 2012, the department may not
9allocate the additional $25,000,000 in tax benefits specified in par. (a) and the
10department shall notify the department of administration on July 1, 2012, that such
11tax benefits shall not be allocated.".
AB4-SA1,1,12 124. Page 2, line 7: after that line insert:
AB4-SA1,2,5
1"(1m) Jobs tax credit allocation. If the department of administration receives
2the notice under section 560.703 (1) (an) of the statutes, as created by this act, the
3maximum amount of the tax credits allocated under sections 71.07 (3q) (c) 3., 71.28
4(3q) (c) 3., and 71.47 (3q) (c) 3. of the statutes for the period beginning on July 1, 2012,
5and ending on June 30, 2013, is increased by $25,000,000.".
AB4-SA1,2,66 (End)
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