LRBb1359/1
ALL:jld:ph
2011 - 2012 LEGISLATURE
ASSEMBLY AMENDMENT 35,
TO ASSEMBLY SUBSTITUTE AMENDMENT 1,
TO 2011 ASSEMBLY BILL 40
June 14, 2011 - Offered by Representatives Barca, Roys, Seidel, Berceau, Bewley,
Hebl, Pocan, Ringhand, Pasch, Toles, Jorgensen, Hulsey, E. Coggs, Mason,
Danou, Young, Milroy and Turner.
AB40-ASA1-AA35,1,4
21. Page 138, line 7: increase the dollar amount for fiscal year 2011-12 by
3$35,800,700 and increase the dollar amount for fiscal year 2012-13 by $35,800,700
4to increase funding for the purposes for which the appropriation is made.
AB40-ASA1-AA35,2,97
71.27
(1) The taxes to be assessed, levied and collected upon Wisconsin net
8incomes of corporations shall be computed at the rate of
7.9% 7.9 percent, except that
9the rate is 7.6 percent for taxable years beginning on or after January 1, 2012.
AB40-ASA1-AA35,2,1411
71.27
(2) The corporation franchise tax imposed under s. 71.23 (2) and
12measured by Wisconsin net income shall be computed at the rate of
7.9% 7.9 percent,
13except that the rate is 7.6 percent for taxable years beginning on or after January 1,
142012.".
