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-AA5,1,11 At the locations indicated, amend the substitute amendment as follows:
AB7-ASA1-AA5,1,3 21. Page 1, line 2: after "deduction" insert ", the dairy and livestock farm
3investment credits,".
AB7-ASA1-AA5,1,4 42. Page 2, line 12: after that line insert:
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, s. 1f 12Section 1f. 71.07 (3n) (a) 6. b. of the statutes is amended to read:
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, s. 1h 5Section 1h. 71.07 (3n) (b) 1. of the statutes is amended to read:
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-AA5,2,12 123. Page 3, line 7: after that line insert:
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, s. 2f 20Section 2f. 71.28 (3n) (a) 6. b. of the statutes is amended to read:
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, s. 2h
1Section 2h. 71.28 (3n) (b) 1. of the statutes is amended to read:
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-AA5,3,7 74. Page 4, line 2: after that line insert:
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, s. 3f 15Section 3f. 71.47 (3n) (a) 6. b. of the statutes is amended to read:
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, s. 3h 20Section 3h. 71.47 (3n) (b) 1. of the statutes is amended to read:
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.".
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