January 2014 Special Session
2013 - 2014 LEGISLATURE
ASSEMBLY SUBSTITUTE AMENDMENT 5,
TO 2013 ASSEMBLY BILL 1
February 11, 2014 - Offered by Representative Hulsey.
AB1-ASA5,1,8
1An Act to repeal 71.07 (5f) (d) 3., 71.07 (5h) (d) 3., 71.28 (5f) (d) 3., 71.28 (5h) (d)
23., 71.47 (5f) (d) 3. and 71.47 (5h) (d) 3.; and
to amend 71.07 (5f) (c) 1., 71.07
3(5f) (c) 5., 71.07 (5h) (c) 4m., 71.28 (5f) (c) 1., 71.28 (5f) (c) 5., 71.28 (5h) (c) 4m.,
471.47 (5f) (c) 1., 71.47 (5f) (c) 5., 71.47 (5h) (c) 4m. and 79.15 of the statutes;
5relating to: increasing funding for the arts and tourism marketing expenses
6related to bicycling; increasing the first dollar property tax credit; restoring and
7increasing the film production credit; transfers to the budget stabilization fund;
8and providing penalties.
The people of the state of Wisconsin, represented in senate and assembly, do
enact as follows:
AB1-ASA5,1
9Section
1. 71.07 (5f) (c) 1. of the statutes is amended to read:
AB1-ASA5,1,1210
71.07
(5f) (c) 1. A claimant may not claim a credit under this subsection if less
11than
35 10 percent of the total budget for the accredited production is spent in this
12state.
AB1-ASA5,2
1Section
2. 71.07 (5f) (c) 5. of the statutes is amended to read:
AB1-ASA5,2,42
71.07
(5f) (c) 5. The maximum amount of the credits that may be claimed under
3this subsection and sub. (5h) and ss. 71.28 (5f) and (5h) and 71.47 (5f) and (5h) in
4fiscal year is
$ 500,000 $5,000,000.
AB1-ASA5,4
7Section
4. 71.07 (5h) (c) 4m. of the statutes is amended to read:
AB1-ASA5,2,108
71.07
(5h) (c) 4m. The maximum amount of the credits that may be claimed
9under this subsection and sub. (5f) and ss. 71.28 (5f) and (5h) and 71.47 (5f) and (5h)
10in fiscal year is
$500,000 $5,000,000.
AB1-ASA5,6
13Section
6. 71.28 (5f) (c) 1. of the statutes is amended to read:
AB1-ASA5,2,1614
71.28
(5f) (c) 1. A claimant may not claim a credit under this subsection if less
15than
35 10 percent of the total budget for the accredited production is spent in this
16state.
AB1-ASA5,7
17Section
7. 71.28 (5f) (c) 5. of the statutes is amended to read:
AB1-ASA5,2,2018
71.28
(5f) (c) 5. The maximum amount of the credits that may be claimed under
19this subsection and sub. (5h) and ss. 71.07 (5f) and (5h) and 71.47 (5f) and (5h) in
20fiscal year is
$500,000 $5,000,000.
AB1-ASA5,9
23Section
9. 71.28 (5h) (c) 4m. of the statutes is amended to read:
AB1-ASA5,3,3
171.28
(5h) (c) 4m. The maximum amount of the credits that may be claimed
2under this subsection and sub. (5f) and ss. 71.07 (5f) and (5h) and 71.47 (5f) and (5h)
3in fiscal year is
$500,000 $5,000,000.
AB1-ASA5,11
6Section
11. 71.47 (5f) (c) 1. of the statutes is amended to read:
AB1-ASA5,3,97
71.47
(5f) (c) 1. A claimant may not claim a credit under this subsection if less
8than
35 10 percent of the total budget for the accredited production is spent in this
9state.
AB1-ASA5,12
10Section
12. 71.47 (5f) (c) 5. of the statutes is amended to read:
AB1-ASA5,3,1311
71.47
(5f) (c) 5. The maximum amount of the credits that may be claimed under
12this subsection and sub. (5h) and ss. 71.07 (5f) and (5h) and 71.28 (5f) and (5h) in
13fiscal year is
$ 500,000 $5,000,000.
AB1-ASA5,14
16Section
14. 71.47 (5h) (c) 4m. of the statutes is amended to read:
AB1-ASA5,3,1917
71.47
(5h) (c) 4m. The maximum amount of the credits that may be claimed
18under this subsection and sub. (5f) and ss. 71.07 (5f) and (5h) and 71.28 (5f) and (5h)
19in fiscal year is
$500,000 $5,000,000.
AB1-ASA5,16
22Section
16. 79.15 of the statutes is amended to read:
AB1-ASA5,4,2
2379.15 Improvements credit. The total amount paid each year to
24municipalities from the appropriation account under s. 20.835 (3) (b) for the
25payments under s. 79.10 (5m) is $75,000,000 in 2009, $145,000,000 in 2010,
and
1$150,000,000
in each year beginning in 2011
and ending in 2014, and $700,000,000
2in 2015 and in each year thereafter.
AB1-ASA5,4,104
(1)
Transfer to budget stabilization fund. Notwithstanding the amounts that
5are required to be transferred from the general fund to the budget stabilization fund
6during the 2013-15 fiscal biennium under section 16.518 (3) of the statutes, an
7amount equal to $334,000,000 shall be transferred from the general fund to the
8budget stabilization fund during the 2013-14 fiscal year and an amount equal to $0
9shall be transferred from the general fund to the budget stabilization fund during the
102014-15 fiscal year.
AB1-ASA5,4,1612
(1)
State aid for the arts. In the schedule under section 20.005 (3) of the
13statutes for the appropriation to the department of tourism under section 20.380 (3)
14(b) of the statutes, as affected by the acts of 2013, the dollar amount is increased by
15$5,000,000 for the second fiscal year of the fiscal biennium in which this subsection
16takes effect for the purposes for which the appropriation is made.
AB1-ASA5,4,2217
(2)
Tourism marketing; bicycling. In the schedule under section 20.005 (3) of
18the statutes for the appropriation to the department of tourism under section 20.380
19(1) (b) of the statutes, as affected by the acts of 2013, the dollar amount is increased
20by $10,000,000 for the second fiscal year of the fiscal biennium in which this
21subsection takes effect for tourism marketing service expenses related to marketing
22bicycling in this state.
AB1-ASA5,5,224
(1)
Film production credits. The treatment of sections 71.07 (5f) (c) 1. and 5.
25and (d) 3. and (5h) (c) 4m. and (d) 3., 71.28 (5f) (c) 1. and 5. and (d) 3. and (5h) (c) 4m.
1and (d) 3., and 71.47 (5f) (c) 1. and 5. and (d) 3. and (5h) (c) 4m. and (d) 3. of the
2statutes first applies to taxable years beginning on January 1, 2014.
