SB27-SSA1,739,2
171.07
(2ds) (d) 1. A copy of the claimant's certification for tax benefits under
2s. 560.765 (3)
, 2009 stats.
SB27-SSA1, s. 999
3Section
999. 71.07 (2dx) (a) 2. of the statutes is amended to read:
SB27-SSA1,739,94
71.07
(2dx) (a) 2. "Development zone" means a development zone under s.
5238.30 or s. 560.70,
2009 stats., a development opportunity zone under s.
238.395 or
6s. 560.795,
2009 stats., an enterprise development zone under s.
238.397 or s. 7560.797,
2009 stats., an agricultural development zone under s.
238.398 or s. 8560.798,
2009 stats., or an airport development zone under s.
238.3995 or s. 9560.7995
, 2009 stats.
SB27-SSA1, s. 1000
10Section
1000. 71.07 (2dx) (b) (intro.) of the statutes is amended to read:
SB27-SSA1,739,1711
71.07
(2dx) (b)
Credit. (intro.) Except as provided in pars. (be) and (bg) and
12in s. 73.03 (35), and subject to s.
238.385 or s. 560.785,
2009 stats., for any taxable
13year for which the person is entitled under s.
238.395 (3) or s. 560.795 (3)
, 2009 stats., 14to claim tax benefits or certified under s.
238.365 (3), 238.397 (4), 238.398 (3), or
15238.3995 (4) or s. 560.765 (3),
2009 stats., s. 560.797 (4),
2009 stats., s. 560.798 (3),
162009 stats., or
s. 560.7995 (4),
2009 stats., any person may claim as a credit against
17the taxes otherwise due under this chapter the following amounts:
SB27-SSA1,739,2319
71.07
(2dx) (b) 2. The amount determined by multiplying the amount
20determined under s.
238.385 (1) (b) or s. 560.785 (1) (b)
, 2009 stats., by the number
21of full-time jobs created in a development zone and filled by a member of a targeted
22group and by then subtracting the subsidies paid under s. 49.147 (3) (a) or the
23subsidies and reimbursements paid under s. 49.147 (3m) (c) for those jobs.
SB27-SSA1,740,5
171.07
(2dx) (b) 3. The amount determined by multiplying the amount
2determined under s.
238.385 (1) (c) or s. 560.785 (1) (c)
, 2009 stats., by the number
3of full-time jobs created in a development zone and not filled by a member of a
4targeted group and by then subtracting the subsidies paid under s. 49.147 (3) (a) or
5the subsidies and reimbursements paid under s. 49.147 (3m) (c) for those jobs.
SB27-SSA1,740,147
71.07
(2dx) (b) 4. The amount determined by multiplying the amount
8determined under s.
238.385 (1) (bm) or s. 560.785 (1) (bm)
, 2009 stats., by the
9number of full-time jobs retained, as provided in the rules under s.
238.385 or s. 10560.785,
2009 stats., excluding jobs for which a credit has been claimed under sub.
11(2dj), in an enterprise development zone under s.
238.397 or s. 560.797
, 2009 stats., 12and for which significant capital investment was made and by then subtracting the
13subsidies paid under s. 49.147 (3) (a) or the subsidies and reimbursements paid
14under s. 49.147 (3m) (c) for those jobs.
SB27-SSA1,740,2216
71.07
(2dx) (b) 5. The amount determined by multiplying the amount
17determined under s.
238.385 (1) (c) or s. 560.785 (1) (c)
, 2009 stats., by the number
18of full-time jobs retained, as provided in the rules under s.
238.385 or s. 560.785,
192009 stats., excluding jobs for which a credit has been claimed under sub. (2dj), in
20a development zone and not filled by a member of a targeted group and by then
21subtracting the subsidies paid under s. 49.147 (3) (a) or the subsidies and
22reimbursements paid under s. 49.147 (3m) (c) for those jobs.
SB27-SSA1,741,424
71.07
(2dx) (be)
Offset. A claimant in a development zone under s.
238.395 (1)
25(e) or s. 560.795 (1) (e)
, 2009 stats., may offset any credits claimed under this
1subsection, including any credits carried over, against the amount of the tax
2otherwise due under this subchapter attributable to all of the claimant's income and
3against the tax attributable to income from directly related business operations of
4the claimant.
SB27-SSA1,741,176
71.07
(2dx) (bg)
Other entities. For claimants in a development zone under s.
7238.395 (1) (e) or s. 560.795 (1) (e),
2009 stats., partnerships, limited liability
8companies, and tax-option corporations may not claim the credit under this
9subsection, but the eligibility for, and amount of, that credit shall be determined on
10the basis of their economic activity, not that of their shareholders, partners, or
11members. The corporation, partnership, or company shall compute the amount of
12the credit that may be claimed by each of its shareholders, partners, or members and
13shall provide that information to each of its shareholders, partners, or members.
14Partners, members of limited liability companies, and shareholders of tax-option
15corporations may claim the credit based on the partnership's, company's, or
16corporation's activities in proportion to their ownership interest and may offset it
17against the tax attributable to their income.
SB27-SSA1,742,519
71.07
(2dx) (c)
Credit precluded. If the certification of a person for tax benefits
20under s.
238.365 (3), 238.397 (4), 238.398 (3), or 238.3995 (4) or s. 560.765 (3),
2009
21stats., s. 560.797 (4),
2009 stats., s. 560.798 (3),
2009 stats., or
s. 560.7995 (4)
, 2009
22stats., is revoked, or if the person becomes ineligible for tax benefits under s.
238.395
23(3) or s. 560.795 (3),
2009 stats., that person may not claim credits under this
24subsection for the taxable year that includes the day on which the certification is
25revoked; the taxable year that includes the day on which the person becomes
1ineligible for tax benefits; or succeeding taxable years and that person may not carry
2over unused credits from previous years to offset tax under this chapter for the
3taxable year that includes the day on which certification is revoked; the taxable year
4that includes the day on which the person becomes ineligible for tax benefits; or
5succeeding taxable years.
SB27-SSA1,742,147
71.07
(2dx) (d)
Carry-over precluded. If a person who is entitled under s.
8238.395 (3) or s. 560.795 (3)
, 2009 stats., to claim tax benefits or certified under s.
9238.365 (3), 238.397 (4), 238.398 (3), or 238.3995 (4) or s. 560.765 (3),
2009 stats., s. 10560.797 (4),
2009 stats., s. 560.798 (3),
2009 stats., or
s. 560.7995 (4)
, 2009 stats., for
11tax benefits ceases business operations in the development zone during any of the
12taxable years that that zone exists, that person may not carry over to any taxable
13year following the year during which operations cease any unused credits from the
14taxable year during which operations cease or from previous taxable years.
SB27-SSA1,742,1916
71.07
(2dy) (a)
Definition. In this subsection, "claimant" means a person who
17files a claim under this subsection and is certified under s.
238.301 (2) or s. 560.701
18(2)
, 2009 stats., and authorized to claim tax benefits under s.
238.303 or s. 560.703
,
192009 stats.
SB27-SSA1,742,2521
71.07
(2dy) (b)
Filing claims. Subject to the limitations under this subsection
22and ss.
238.301 to 238.306 or ss. 560.701 to 560.706,
2009 stats., for taxable years
23beginning after December 31, 2008, a claimant may claim as a credit against the tax
24imposed under s. 71.02 or 71.08, up to the amount of the tax, the amount authorized
25for the claimant under s.
238.303 or s. 560.703
, 2009 stats.
SB27-SSA1,743,52
71.07
(2dy) (c) 1. No credit may be allowed under this subsection unless the
3claimant includes with the claimant's return a copy of the claimant's certification
4under s.
238.301 (2) or s. 560.701 (2)
, 2009 stats., and a copy of the claimant's notice
5of eligibility to receive tax benefits under s.
238.303 (3) or s. 560.703 (3)
, 2009 stats.
SB27-SSA1,743,157
71.07
(2dy) (c) 2. Partnerships, limited liability companies, and tax-option
8corporations may not claim the credit under this subsection, but the eligibility for,
9and the amount of, the credit are based on their authorization to claim tax benefits
10under s.
238.303 or s. 560.703
, 2009 stats. A partnership, limited liability company,
11or tax-option corporation shall compute the amount of credit that each of its
12partners, members, or shareholders may claim and shall provide that information
13to each of them. Partners, members of limited liability companies, and shareholders
14of tax-option corporations may claim the credit in proportion to their ownership
15interests.
SB27-SSA1,744,217
71.07
(2dy) (d) 2. If a claimant's certification is revoked under s.
238.305 or s. 18560.705,
2009 stats., or if a claimant becomes ineligible for tax benefits under s.
19238.302 or s. 560.702,
2009 stats., the claimant may not claim credits under this
20subsection for the taxable year that includes the day on which the certification is
21revoked; the taxable year that includes the day on which the claimant becomes
22ineligible for tax benefits; or succeeding taxable years and the claimant may not
23carry over unused credits from previous years to offset the tax imposed under s. 71.02
24or 71.08 for the taxable year that includes the day on which certification is revoked;
1the taxable year that includes the day on which the claimant becomes ineligible for
2tax benefits; or succeeding taxable years.
SB27-SSA1, s. 1014
3Section
1014. 71.07 (3g) (a) (intro.) of the statutes is amended to read:
SB27-SSA1,744,84
71.07
(3g) (a) (intro.) Subject to the limitations under this subsection and ss.
573.03 (35m)
and 238.23 and
s. 560.96,
2009 stats., a business that is certified under
6s.
238.23 (3) or s. 560.96 (3)
, 2009 stats., may claim as a credit against the taxes
7imposed under s. 71.02 an amount equal to the sum of the following, as established
8under s.
238.23 (3) (c) or s. 560.96 (3) (c)
, 2009 stats:
SB27-SSA1,744,1210
71.07
(3g) (b) The department of revenue shall notify the department of
11commerce
or the Wisconsin Economic Development Corporation of all claims under
12this subsection.
SB27-SSA1,744,1714
71.07
(3g) (e) 2. The investments that relate to the amount described under par.
15(a) 2. for which a claimant makes a claim under this subsection must be retained for
16use in the technology zone for the period during which the claimant's business is
17certified under s.
238.23 (3) or s. 560.96 (3)
, 2009 stats.
SB27-SSA1,744,2219
71.07
(3g) (f) 1. A copy of
a the verification
from the department of commerce 20that the claimant's business is certified under s.
238.23 (3) or s. 560.96 (3)
, 2009
21stats., and that the business
and the department of commerce have has entered into
22an agreement under s.
238.23 (3) (d) or s. 560.96 (3) (d)
, 2009 stats.
SB27-SSA1,745,224
71.07
(3g) (f) 2. A statement from the department of commerce
or the Wisconsin
25Economic Development Corporation verifying the purchase price of the investment
1described under par. (a) 2. and verifying that the investment fulfills the requirement
2under par. (e) 2.
SB27-SSA1,745,104
71.07
(3p) (b)
Filing claims. Subject to the limitations provided in this
5subsection and s.
93.535 or s. 560.207
, 2009 stats., except as provided in par. (c) 5.,
6for taxable years beginning after December 31, 2006, and before January 1, 2015, a
7claimant may claim as a credit against the taxes imposed under s. 71.02 or 71.08, up
8to the amount of the tax, an amount equal to 10 percent of the amount the claimant
9paid in the taxable year for dairy manufacturing modernization or expansion related
10to the claimant's dairy manufacturing operation.
SB27-SSA1,745,1412
71.07
(3p) (c) 2. The aggregate amount of credits that a claimant may claim
13under this subsection is $200,000
for each of the claimant's dairy manufacturing
14facilities.
SB27-SSA1, s. 1020
15Section
1020. 71.07 (3p) (c) 2m. a. of the statutes is amended to read:
SB27-SSA1,745,1816
71.07
(3p) (c) 2m. a. The maximum amount of the credits that may be claimed
17under this subsection and ss. 71.28 (3p) and 71.47 (3p) in fiscal year 2007-08 is
18$600,000, as allocated under s. 560.207
, 2009 stats.
SB27-SSA1, s. 1021
19Section
1021. 71.07 (3p) (c) 2m. b. of the statutes is amended to read:
SB27-SSA1,745,2320
71.07
(3p) (c) 2m. b. The maximum amount of the credits that may be claimed
21by all claimants, other than members of dairy cooperatives, under this subsection
22and ss. 71.28 (3p) and 71.47 (3p) in fiscal year 2008-09, and in each fiscal year
23thereafter, is $700,000, as allocated under s.
93.535 or s. 560.207
, 2009 stats.
SB27-SSA1, s. 1022
24Section
1022. 71.07 (3p) (c) 2m. bm. of the statutes is amended to read:
SB27-SSA1,746,7
171.07
(3p) (c) 2m. bm. The maximum amount of the credits that may be claimed
2by members of dairy cooperatives under this subsection and ss. 71.28 (3p) and 71.47
3(3p) in fiscal year 2009-10 is $600,000, as allocated under s. 560.207,
2009 stats., and
4the maximum amount of the credits that may be claimed by members of dairy
5cooperatives under this subsection and ss. 71.28 (3p) and 71.47 (3p) in fiscal year
62010-11, and in each fiscal year thereafter, is $700,000, as allocated under s.
93.535
7or s. 560.207
, 2009 stats.
SB27-SSA1,746,139
71.07
(3p) (c) 4. If 2 or more persons own and operate
the a dairy manufacturing
10operation facility, each person may claim a credit under par. (b) in proportion to his
11or her ownership interest, except that the aggregate amount of the credits claimed
12by all persons who own and operate the dairy manufacturing
operation facility shall
13not exceed $200,000.
SB27-SSA1,746,1715
71.07
(3p) (c) 6. No credit may be allowed under this subsection unless the
16claimant submits with the claimant's return a copy of the claimant's credit
17certification and allocation under s.
93.535 or s. 560.207
, 2009 stats.
SB27-SSA1,746,2019
71.07
(3q) (a) 1. "Claimant" means a person certified to receive tax benefits
20under s.
238.16 (2) or s. 560.2055 (2)
, 2009 stats.
SB27-SSA1,747,222
71.07
(3q) (a) 2. "Eligible employee" means
, for taxable years beginning before
23January 1, 2011, an eligible employee under s. 560.2055 (1) (b)
, 2009 stats., who
24satisfies the wage requirements under s. 560.2055 (3) (a) or (b)
, 2009 stats., or, for
1taxable years beginning after December 31, 2010, an eligible employee under s.
2238.16 (1) (b) who satisfies the wage requirements under s. 238.16 (3) (a) or (b).
SB27-SSA1, s. 1026
3Section
1026. 71.07 (3q) (b) (intro.) of the statutes is amended to read:
SB27-SSA1,747,74
71.07
(3q) (b)
Filing claims. (intro.) Subject to the limitations provided in this
5subsection and s.
238.16 or s. 560.2055,
2009 stats., for taxable years beginning after
6December 31, 2009, a claimant may claim as a credit against the taxes imposed under
7ss. 71.02 and 71.08 any of the following.
SB27-SSA1,747,129
71.07
(3q) (b) 1. The amount of wages that the claimant paid to an eligible
10employee in the taxable year, not to exceed 10 percent of such wages, as determined
11by
the Wisconsin Economic Development Corporation under s. 238.16 or the
12department of commerce under s. 560.2055
, 2009 stats.
SB27-SSA1,747,1614
71.07
(3q) (b) 2. The amount of the costs incurred by the claimant in the taxable
15year, as determined under s.
238.16 or s. 560.2055,
2009 stats., to undertake the
16training activities described under s.
238.16 (3) (c) or s. 560.2055 (3) (c)
, 2009 stats.
SB27-SSA1,747,2018
71.07
(3q) (c) 2. No credit may be allowed under this subsection unless the
19claimant includes with the claimant's return a copy of the claimant's certification for
20tax benefits under s.
238.16 (2) or s. 560.2055 (2)
, 2009 stats.
SB27-SSA1,747,2522
71.07
(3q) (c) 3. The maximum amount of credits that may be awarded under
23this subsection and ss. 71.28 (3q) and 71.47 (3q) for the period beginning on January
241, 2010, and ending on June 30, 2013, is $14,500,000, not including the amount of
25any credits reallocated under s.
238.15 (3) (d) or s. 560.205 (3) (d)
, 2009 stats.
SB27-SSA1,748,82
71.07
(3r) (b)
Filing claims. Subject to the limitations provided in this
3subsection and s.
93.545 or s. 560.208,
2009 stats., for taxable years beginning after
4December 31, 2008, and before January 1, 2017, a claimant may claim as a credit
5against the taxes imposed under s. 71.02 or 71.08, up to the amount of the tax, an
6amount equal to 10 percent of the amount the claimant paid in the taxable year for
7meat processing modernization or expansion related to the claimant's meat
8processing operation.
SB27-SSA1, s. 1032
9Section
1032. 71.07 (3r) (c) 3. a. of the statutes is amended to read:
SB27-SSA1,748,1210
71.07
(3r) (c) 3. a. The maximum amount of the credits that may be allocated
11under this subsection and ss. 71.28 (3r) and 71.47 (3r) in fiscal year 2009-10 is
12$300,000, as allocated under s. 560.208
, 2009 stats.
SB27-SSA1, s. 1033
13Section
1033. 71.07 (3r) (c) 3. b. of the statutes is amended to read:
SB27-SSA1,748,1714
71.07
(3r) (c) 3. b. The maximum amount of the credits that may be allocated
15under this subsection and ss. 71.28 (3r) and 71.47 (3r) in fiscal year 2010-11, and in
16each fiscal year thereafter, is $700,000, as allocated under s.
93.545 or s. 560.208
,
172009 stats.
SB27-SSA1,748,2119
71.07
(3r) (c) 6. No credit may be allowed under this subsection unless the
20claimant submits with the claimant's return a copy of the claimant's credit
21certification and allocation under s.
93.545 or s. 560.208
, 2009 stats.
SB27-SSA1,749,423
71.07
(3rm) (b)
Filing claims. Subject to the limitations provided in this
24subsection and s.
93.547 or s. 560.209,
2009 stats., for taxable years beginning after
25December 31, 2009, and before January 1, 2016, a claimant may claim as a credit
1against the taxes imposed under s. 71.02 or 71.08, up to the amount of the tax, an
2amount equal to 10 percent of the amount the claimant paid in the taxable year for
3equipment that is used primarily to harvest or process woody biomass that is used
4as fuel or as a component of fuel.
SB27-SSA1,749,86
71.07
(3rm) (c) 3. The maximum amount of the credits that may be claimed
7under this subsection and ss. 71.28 (3rm) and 71.47 (3rm) is $900,000, as allocated
8under s.
93.547 or s. 560.209
, 2009 stats.
SB27-SSA1,749,1610
71.07
(3rn) (b)
Filing claims. Subject to the limitations provided in this
11subsection and s.
506.2056 93.54 or s. 560.2056, 2009 stats., for taxable years
12beginning after December 31, 2009, and before January 1, 2017, a claimant may
13claim as a credit against the tax imposed under ss. 71.02 and 71.08, up to the amount
14of the tax, an amount equal to 10 percent of the amount the claimant paid in the
15taxable year for food processing or food warehousing modernization or expansion
16related to the operation of the claimant's food processing plant or food warehouse.
SB27-SSA1, s. 1038
17Section
1038. 71.07 (3rn) (c) 3. a. of the statutes is amended to read:
SB27-SSA1,749,2018
71.07
(3rn) (c) 3. a. The maximum amount of the credits that may be allocated
19under this subsection and ss. 71.28 (3rn) and 71.47 (3rn) in fiscal year 2009-10 is
20$1,000,000, as allocated under s. 560.2056
, 2009 stats.
SB27-SSA1, s. 1039
21Section
1039. 71.07 (3rn) (c) 3. b. of the statutes is amended to read:
SB27-SSA1,749,2422
71.07
(3rn) (c) 3. b. The maximum amount of the credits that may be allocated
23under this subsection and ss. 71.28 (3rn) and 71.47 (3rn) in fiscal year 2010-11 is
24$1,200,000, as allocated under s. 560.2056
, 2009 stats.
SB27-SSA1, s. 1040
25Section
1040. 71.07 (3rn) (c) 3. c. of the statutes is amended to read:
SB27-SSA1,750,4
171.07
(3rn) (c) 3. c. The maximum amount of the credits that may be allocated
2under this subsection and ss. 71.28 (3rn) and 71.47 (3rn) in fiscal year 2011-12, and
3in each year thereafter, is $700,000, as allocated under s.
93.54 or s. 560.2056
, 2009
4stats.