LRBa0299/1
JK:jld:jf
January 2011 Special Session
2011 - 2012 LEGISLATURE
ASSEMBLY AMENDMENT 5,
TO ASSEMBLY SUBSTITUTE AMENDMENT 1,
TO ASSEMBLY BILL 7
January 25, 2011 - Offered by Representative Vruwink.
AB7-ASA1-AA5,1,5
5"
Section 1d. 71.07 (3n) (a) 2. (intro.) of the statutes is amended to read:
AB7-ASA1-AA5,1,116
71.07
(3n) (a) 2. (intro.) "Dairy farm modernization or expansion" means the
7construction, the improvement, or the acquisition of buildings or facilities, or the
8acquisition of equipment, for dairy animal housing, confinement, animal feeding,
9milk production, or waste management, including the following, if used exclusively
10related to dairy animals and if acquired and placed in service in this state during
11taxable years that begin after December 31, 2003, and before January 1,
2012 2015:
AB7-ASA1-AA5,2,4
171.07
(3n) (a) 6. b. For taxable years that begin after December 31, 2005, and
2before January 1,
2012 2015, "used exclusively," related to livestock, dairy animals,
3or both, means used to the exclusion of all other uses except for use not exceeding 5
4percent of total use.
AB7-ASA1-AA5,2,116
71.07
(3n) (b) 1. Subject to the limitations provided in this subsection, for
7taxable years that begin after December 31, 2003, and before January 1,
2012 2015,
8a claimant may claim as a credit against the tax imposed under ss. 71.02 and 71.08
9an amount equal to 10% of the amount the claimant paid in the taxable year for dairy
10farm modernization or expansion related to the operation of the claimant's dairy
11farm.".
AB7-ASA1-AA5,2,13
13"
Section 2d. 71.28 (3n) (a) 2. (intro.) of the statutes is amended to read:
AB7-ASA1-AA5,2,1914
71.28
(3n) (a) 2. (intro.) "Dairy farm modernization or expansion" means the
15construction, the improvement, or the acquisition of buildings or facilities, or
16acquiring equipment, for dairy animal housing, confinement, animal feeding, milk
17production, or waste management, including the following, if used exclusively
18related to dairy animals and if acquired and placed in service in this state during
19taxable years that begin after December 31, 2003, and before January 1,
2012 2015:
AB7-ASA1-AA5,2,2421
71.28
(3n) (a) 6. b. For taxable years that begin after December 31, 2005, and
22before January 1,
2012 2015, "used exclusively," related to livestock, dairy animals,
23or both, means used to the exclusion of all other uses except for use not exceeding 5
24percent of total use.
AB7-ASA1-AA5,3,62
71.28
(3n) (b) 1. Subject to the limitations provided in this subsection, for
3taxable years that begin after December 31, 2003, and before January 1,
2012 2015,
4a claimant may claim as a credit against the tax imposed under s. 71.23 an amount
5equal to 10% of the amount the claimant paid in the taxable year for dairy farm
6modernization or expansion related to the operation of the claimant's dairy farm.".
AB7-ASA1-AA5,3,8
8"
Section 3d. 71.47 (3n) (a) 2. (intro.) of the statutes is amended to read:
AB7-ASA1-AA5,3,149
71.47
(3n) (a) 2. (intro.) "Dairy farm modernization or expansion" means the
10construction, the improvement, or the acquisition of buildings or facilities, or the
11acquisition of equipment, for dairy animal housing, confinement, animal feeding,
12milk production, or waste management, including the following, if used exclusively
13related to dairy animals and if acquired and placed in service in this state during
14taxable years that begin after December 31, 2003, and before January 1,
2012 2015:
AB7-ASA1-AA5,3,1916
71.47
(3n) (a) 6. b. For taxable years that begin after December 31, 2005, and
17before January 1,
2012 2015, "used exclusively," related to livestock, dairy animals,
18or both, means used to the exclusion of all other uses except for use not exceeding 5
19percent of total use.
AB7-ASA1-AA5,4,221
71.47
(3n) (b) 1. Subject to the limitations provided in this subsection, for
22taxable years that begin after December 31, 2003, and before January 1,
2012 2015,
23a claimant may claim as a credit against the tax imposed under s. 71.43 an amount
1equal to 10% of the amount the claimant paid in the taxable year for dairy farm
2modernization or expansion related to the operation of the claimant's dairy farm.".