AB40-ASA1,1387 19Section 1387. 71.28 (1dx) (b) 2. of the statutes is amended to read:
AB40-ASA1,782,2420 71.28 (1dx) (b) 2. The amount determined by multiplying the amount
21determined under s. 238.385 (1) (b) or s. 560.785 (1) (b), 2009 stats., by the number
22of full-time jobs created in a development zone and filled by a member of a targeted
23group and by then subtracting the subsidies paid under s. 49.147 (3) (a) or the
24subsidies and reimbursements paid under s. 49.147 (3m) (c)
for those jobs.
AB40-ASA1,1388 25Section 1388. 71.28 (1dx) (b) 3. of the statutes is amended to read:
AB40-ASA1,783,5
171.28 (1dx) (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.
AB40-ASA1,1389 6Section 1389. 71.28 (1dx) (b) 4. of the statutes is amended to read:
AB40-ASA1,783,147 71.28 (1dx) (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(1dj), 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.
AB40-ASA1,1390 15Section 1390. 71.28 (1dx) (b) 5. of the statutes is amended to read:
AB40-ASA1,783,2216 71.28 (1dx) (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. (1dj), 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.
AB40-ASA1,1390b 23Section 1390b. 71.28 (3h) (b) of the statutes is amended to read:
AB40-ASA1,784,524 71.28 (3h) (b) Filing claims. Subject to the limitations provided in this
25subsection, for taxable years beginning after December 31, 2011, and before January

11, 2015 2014, for a claimant who produces at least 2,500,000 gallons of biodiesel fuel
2in this state in the taxable year, a claimant may claim as a credit against the tax
3imposed under s. 71.23, up to the amount of the tax, an amount that is equal to the
4number of gallons of biodiesel fuel produced by the claimant in this state in the
5taxable year multiplied by 10 cents.
AB40-ASA1,1390c 6Section 1390c. 71.28 (3h) (d) of the statutes is renumbered 71.28 (3h) (d) 1.
AB40-ASA1,1390d 7Section 1390d. 71.28 (3h) (d) 2. of the statutes is created to read:
AB40-ASA1,784,118 71.28 (3h) (d) 2. No credit may be claimed under this subsection for taxable
9years beginning after December 31, 2013. Credits under this subsection for taxable
10years that begin before January 1, 2014, may be carried forward to taxable years that
11begin after December 31, 2013.
AB40-ASA1,1390e 12Section 1390e. 71.28 (3n) (a) 2. (intro.) of the statutes is amended to read:
AB40-ASA1,784,1813 71.28 (3n) (a) 2. (intro.) "Dairy farm modernization or expansion" means the
14construction, the improvement, or the acquisition of buildings or facilities, or
15acquiring equipment, for dairy animal housing, confinement, animal feeding, milk
16production, or waste management, including the following, if used exclusively
17related to dairy animals and if acquired and placed in service in this state during
18taxable years that begin after December 31, 2003, and before January 1, 2017 2014:
AB40-ASA1,1390f 19Section 1390f. 71.28 (3n) (a) 5. (intro.) of the statutes is amended to read:
AB40-ASA1,784,2520 71.28 (3n) (a) 5. (intro.) "Livestock farm modernization or expansion" means
21the construction, the improvement, or the acquisition of buildings or facilities, or the
22acquisition of equipment, for livestock housing, confinement, feeding, or waste
23management, including the following, if used exclusively related to livestock and if
24acquired and placed in service in this state during taxable years that begin after
25December 31, 2005, and before January 1, 2017 2014:
AB40-ASA1,1390g
1Section 1390g. 71.28 (3n) (a) 6. b. of the statutes is amended to read:
AB40-ASA1,785,52 71.28 (3n) (a) 6. b. For taxable years that begin after December 31, 2005, and
3before January 1, 2017 2014, "used exclusively," related to livestock, dairy animals,
4or both, means used to the exclusion of all other uses except for use not exceeding 5
5percent of total use.
AB40-ASA1,1390h 6Section 1390h. 71.28 (3n) (b) 1. of the statutes is amended to read:
AB40-ASA1,785,117 71.28 (3n) (b) 1. Subject to the limitations provided in this subsection, for
8taxable years that begin after December 31, 2003, and before January 1, 2017 2014,
9a claimant may claim as a credit against the tax imposed under s. 71.23 an amount
10equal to 10% of the amount the claimant paid in the taxable year for dairy farm
11modernization or expansion related to the operation of the claimant's dairy farm.
AB40-ASA1,1390i 12Section 1390i. 71.28 (3n) (b) 2. of the statutes is amended to read:
AB40-ASA1,785,1813 71.28 (3n) (b) 2. Subject to the limitations provided in this subsection, for
14taxable years that begin after December 31, 2005, and before January 1, 2017 2014,
15a claimant may claim as a credit against the tax imposed under s. 71.23 an amount
16equal to 10 percent of the amount the claimant paid in the taxable year for livestock
17farm modernization or expansion related to the operation of the claimant's livestock
18farm.
AB40-ASA1,1390j 19Section 1390j. 71.28 (3n) (g) of the statutes is created to read:
AB40-ASA1,785,2320 71.28 (3n) (g) No credit may be claimed under this subsection for taxable years
21beginning after December 31, 2013. Credits under this subsection for taxable years
22that begin before January 1, 2014, may be carried forward to taxable years that begin
23after December 31, 2013.
AB40-ASA1,1390k 24Section 1390k. 71.28 (3p) (a) 3. (intro.) of the statutes is amended to read:
AB40-ASA1,786,8
171.28 (3p) (a) 3. (intro.) "Dairy manufacturing modernization or expansion"
2means constructing, improving, or acquiring buildings or facilities, or acquiring
3equipment, for dairy manufacturing, including the following, if used exclusively for
4dairy manufacturing and if acquired and placed in service in this state during
5taxable years that begin after December 31, 2006, and before January 1, 2015 2014,
6or, in the case of dairy cooperatives, if acquired and placed in service in this state
7during taxable years that begin after December 31, 2008, and before January 1, 2017
82014:
AB40-ASA1,1390L 9Section 1390L. 71.28 (3p) (b) of the statutes is amended to read:
AB40-ASA1,786,1610 71.28 (3p) (b) Filing claims. Subject to the limitations provided in this
11subsection and s. 93.535 or s. 560.207, 2009 stats., except as provided in par. (c) 5.,
12for taxable years beginning after December 31, 2006, and before January 1, 2015
132014, a claimant may claim as a credit against the taxes imposed under s. 71.23, up
14to the amount of the tax, an amount equal to 10 percent of the amount the claimant
15paid in the taxable year for dairy manufacturing modernization or expansion related
16to the claimant's dairy manufacturing operation.
AB40-ASA1,1390m 17Section 1390m. 71.28 (3p) (c) 5. of the statutes is amended to read:
AB40-ASA1,787,218 71.28 (3p) (c) 5. A claimant who is a member of a dairy cooperative may claim
19the credit in the year after the year in which the dairy manufacturing modernization
20or expansion occurs, based on amounts described under par. (b) that are paid by the
21dairy cooperative, for taxable years beginning after December 31, 2008, and before
22January 1, 2018 2014. The amount of the credits computed and not passed through
23by a partnership, limited liability company, or tax-option corporation that has added
24that amount to the partnership's, company's, or tax-option corporation's income

1under s. 71.21 (4) or 71.34 (1k) (g) shall be added to a claimant's income in the year
2in which the cooperative member is allowed to claim the credit.
AB40-ASA1,1390n 3Section 1390n. 71.28 (3p) (d) 4. of the statutes is created to read:
AB40-ASA1,787,54 71.28 (3p) (d) 4. No credit may be claimed under this subsection for taxable
5years beginning after December 31, 2013.
AB40-ASA1,1390p 6Section 1390p. 71.28 (3r) (a) 3. (intro.) of the statutes is amended to read:
AB40-ASA1,787,117 71.28 (3r) (a) 3. (intro.) "Meat processing modernization or expansion" means
8constructing, improving, or acquiring buildings or facilities, or acquiring equipment,
9for meat processing, including the following, if used exclusively for meat processing
10and if acquired and placed in service in this state during taxable years that begin
11after December 31, 2008, and before January 1, 2017 2014:
AB40-ASA1,1390q 12Section 1390q. 71.28 (3r) (b) of the statutes is amended to read:
AB40-ASA1,787,1913 71.28 (3r) (b) Filing claims. Subject to the limitations provided in this
14subsection and s. 93.545 or s. 560.208, 2009 stats., for taxable years beginning after
15December 31, 2008, and before January 1, 2017 2014, a claimant may claim as a
16credit against the taxes imposed under s. 71.23, up to the amount of the tax, an
17amount equal to 10 percent of the amount the claimant paid in the taxable year for
18meat processing modernization or expansion related to the claimant's meat
19processing operation.
AB40-ASA1,1390r 20Section 1390r. 71.28 (3r) (d) 3. of the statutes is created to read:
AB40-ASA1,787,2221 71.28 (3r) (d) 3. No credit may be claimed under this subsection for taxable
22years beginning after December 31, 2013.
AB40-ASA1,1390rd 23Section 1390rd. 71.28 (3rm) (b) of the statutes is amended to read:
AB40-ASA1,788,524 71.28 (3rm) (b) Filing claims. Subject to the limitations provided in this
25subsection and s. 93.547 or s. 560.209, 2009 stats., for taxable years beginning after

1December 31, 2009, and before January 1, 2016 2015, a claimant may claim as a
2credit against the taxes imposed under s. 71.23, up to the amount of the tax, an
3amount equal to 10 percent of the amount the claimant paid in the taxable year for
4equipment that is used primarily to harvest or process woody biomass that is used
5as fuel or as a component of fuel.
AB40-ASA1,1390rf 6Section 1390rf. 71.28 (3rm) (d) 3. of the statutes is created to read:
AB40-ASA1,788,87 71.28 (3rm) (d) 3. No credit may be claimed under this subsection for taxable
8years beginning after December 31, 2014.
AB40-ASA1,1390s 9Section 1390s. 71.28 (3rn) (a) 4. (intro.) of the statutes is amended to read:
AB40-ASA1,788,1510 71.28 (3rn) (a) 4. (intro.) "Food processing plant or food warehouse
11modernization or expansion" means constructing, improving, or acquiring buildings
12or facilities, or acquiring equipment, for food processing or food warehousing,
13including the following, if used exclusively for food processing or food warehousing
14and if acquired and placed in service in this state during taxable years that begin
15after December 31, 2009, and before January 1, 2017 2014:
AB40-ASA1,1390t 16Section 1390t. 71.28 (3rn) (b) of the statutes is amended to read:
AB40-ASA1,788,2317 71.28 (3rn) (b) Filing claims. Subject to the limitations provided in this
18subsection and s. 93.54 or s. 560.2056, 2009 stats., for taxable years beginning after
19December 31, 2009, and before January 1, 2017 2014, a claimant may claim as a
20credit against the tax imposed under s. 71.23, up to the amount of the tax, an amount
21equal to 10 percent of the amount the claimant paid in the taxable year for food
22processing or food warehousing modernization or expansion related to the operation
23of the claimant's food processing plant or food warehouse.
AB40-ASA1,1390u 24Section 1390u. 71.28 (3rn) (d) 3. of the statutes is created to read:
AB40-ASA1,789,2
171.28 (3rn) (d) 3. No credit may be claimed under this subsection for taxable
2years beginning after December 31, 2013.
AB40-ASA1,1391 3Section 1391. 71.28 (3w) (b) 1. a. of the statutes is amended to read:
AB40-ASA1,789,124 71.28 (3w) (b) 1. a. The number of full-time employees whose annual wages
5are greater than $20,000 the amount determined by multiplying 2,080 by 150
6percent of the federal minimum wage
in a tier I county or municipality or greater
7than $30,000 in a tier II county or municipality and who the claimant employed in
8the enterprise zone in the taxable year, minus the number of full-time employees
9whose annual wages were greater than $20,000 the amount determined by
10multiplying 2,080 by 150 percent of the federal minimum wage
in a tier I county or
11municipality or greater than $30,000 in a tier II county or municipality and who the
12claimant employed in the area that comprises the enterprise zone in the base year.
AB40-ASA1,1392 13Section 1392. 71.28 (3w) (b) 1. b. of the statutes is amended to read:
AB40-ASA1,789,2214 71.28 (3w) (b) 1. b. The number of full-time employees whose annual wages
15are greater than $20,000 the amount determined by multiplying 2,080 by 150
16percent of the federal minimum wage
in a tier I county or municipality or greater
17than $30,000 in a tier II county or municipality and who the claimant employed in
18the state in the taxable year, minus the number of full-time employees whose annual
19wages were greater than $20,000 the amount determined by multiplying 2,080 by
20150 percent of the federal minimum wage
in a tier I county or municipality or greater
21than $30,000 in a tier II county or municipality and who the claimant employed in
22the state in the base year.
AB40-ASA1,1393 23Section 1393. 71.28 (3w) (b) 2. of the statutes is amended to read:
AB40-ASA1,790,824 71.28 (3w) (b) 2. Determine the claimant's average zone payroll by dividing
25total wages for full-time employees whose annual wages are greater than $20,000

1the amount determined by multiplying 2,080 by 150 percent of the federal minimum
2wage
in a tier I county or municipality or greater than $30,000 in a tier II county or
3municipality and who the claimant employed in the enterprise zone in the taxable
4year by the number of full-time employees whose annual wages are greater than
5$20,000 the amount determined by multiplying 2,080 by 150 percent of the federal
6minimum wage
in a tier I county or municipality or greater than $30,000 in a tier II
7county or municipality and who the claimant employed in the enterprise zone in the
8taxable year.
AB40-ASA1,1394 9Section 1394. 71.28 (3w) (b) 3. of the statutes is amended to read:
AB40-ASA1,790,1410 71.28 (3w) (b) 3. For employees in a tier I county or municipality, subtract
11$20,000 the amount determined by multiplying 2,080 by 150 percent of the federal
12minimum wage
from the amount determined under subd. 2. and for employees in a
13tier II county or municipality, subtract $30,000 from the amount determined under
14subd. 2.
AB40-ASA1,1395 15Section 1395. 71.28 (3w) (bm) 2. of the statutes is amended to read:
AB40-ASA1,791,416 71.28 (3w) (bm) 2. In addition to the credits under par. (b) and subds. 1., 3., and
174., and subject to the limitations provided in this subsection and s. 238.399 or s.
18560.799, 2009 stats., a claimant may claim as a credit against the tax imposed under
19s. 71.23 an amount equal to the percentage, as determined under s. 238.399 or s.
20560.799, 2009 stats., not to exceed 7 percent, of the claimant's zone payroll paid in
21the taxable year to all of the claimant's full-time employees whose annual wages are
22greater than $20,000 the amount determined by multiplying 2,080 by 150 percent
23of the federal minimum wage
in a tier I county or municipality, not including the
24wages paid to the employees determined under par. (b) 1., or greater than $30,000
25in a tier II county or municipality, not including the wages paid to the employees

1determined under par. (b) 1., and who the claimant employed in the enterprise zone
2in the taxable year, if the total number of such employees is equal to or greater than
3the total number of such employees in the base year. A claimant may claim a credit
4under this subdivision for no more than 5 consecutive taxable years.
AB40-ASA1,1395am 5Section 1395am. 71.28 (4) (i) of the statutes is amended to read:
AB40-ASA1,791,126 71.28 (4) (i) Nonclaimants. The Except as provided in par. (j), the credits under
7this subsection may not be claimed by a partnership, except a publicly traded
8partnership treated as a corporation under s. 71.22 (1k), limited liability company,
9except a limited liability company treated as a corporation under s. 71.22 (1k), or
10tax-option corporation or by partners, including partners of a publicly traded
11partnership, members of a limited liability company or shareholders of a tax-option
12corporation.
AB40-ASA1,1395ar 13Section 1395ar. 71.28 (4) (j) of the statutes is created to read:
AB40-ASA1,791,2114 71.28 (4) (j) Pass-through entities. Partnerships, limited liability companies,
15and tax-option corporations may not claim the credit under this subsection, but the
16eligibility for, and the amount of, the credit are based on their payment of amounts
17under par. (ad). A partnership, limited liability company, or tax-option corporation
18shall compute the amount of credit that each of its partners, members, or
19shareholders may claim and shall provide that information to each of them.
20Partners, members of limited liability companies, and shareholders of tax-option
21corporations may claim the credit in proportion to their ownership interests.
AB40-ASA1,1395b 22Section 1395b. 71.28 (4m) (d) 3. of the statutes is created to read:
AB40-ASA1,792,223 71.28 (4m) (d) 3. No credit may be claimed under this subsection for taxable
24years beginning after December 31, 2013. Credits under this subsection for taxable

1years that begin before January 1, 2014, may be carried forward to taxable years that
2begin after December 31, 2013.
AB40-ASA1,1395bb 3Section 1395bb. 71.28 (5) (ad) 1. of the statutes is amended to read:
AB40-ASA1,792,114 71.28 (5) (ad) 1. Except as provided in subds. 2. and 3., for taxable year 1986
5and subsequent for taxable years that begin before January 1, 2014, any corporation
6may credit against taxes otherwise due under this chapter an amount equal to 5
7percent of the amount paid or incurred by that corporation during the taxable year
8to construct and equip new facilities or expand existing facilities used in this state
9for qualified research, as defined in section 41 of the Internal Revenue Code. Eligible
10amounts include only amounts paid or incurred for tangible, depreciable property
11but do not include amounts paid or incurred for replacement property.
AB40-ASA1,1395bc 12Section 1395bc. 71.28 (5) (ad) 2. of the statutes is amended to read:
AB40-ASA1,792,2413 71.28 (5) (ad) 2. For taxable years beginning after June 30, 2007, and before
14January 1, 2014,
any corporation may credit against taxes otherwise due under this
15chapter an amount equal to 10 percent of the amount paid or incurred by that
16corporation during the taxable year to construct and equip new facilities or expand
17existing facilities used in this state for qualified research, as defined in section 41 of
18the Internal Revenue Code, except that "qualified research expenses" includes only
19expenses paid or incurred by the claimant for research related to designing internal
20combustion engines for vehicles, including expenses related to designing vehicles
21that are powered by such engines and improving production processes for such
22engines and vehicles. Eligible amounts include only amounts paid or incurred for
23tangible, depreciable property but do not include amounts paid or incurred for
24replacement property.
AB40-ASA1,1395bd 25Section 1395bd. 71.28 (5) (ad) 3. of the statutes is amended to read:
AB40-ASA1,793,12
171.28 (5) (ad) 3. For taxable years beginning after June 30, 2007, and before
2January 1, 2014,
any corporation may credit against taxes otherwise due under this
3chapter an amount equal to 10 percent of the amount paid or incurred by that
4corporation during the taxable year to construct and equip new facilities or expand
5existing facilities used in this state for qualified research, as defined in section 41 of
6the Internal Revenue Code, except that "qualified research expenses" includes only
7expenses paid or incurred by the claimant for research related to the design and
8manufacturing of energy efficient lighting systems, building automation and control
9systems, or automotive batteries for use in hybrid-electric vehicles, that reduce the
10demand for natural gas or electricity or improve the efficiency of its use. Eligible
11amounts include only amounts paid or incurred for tangible, depreciable property
12but do not include amounts paid or incurred for replacement property.
AB40-ASA1,1395be 13Section 1395be. 71.28 (5) (c) of the statutes is created to read:
AB40-ASA1,793,1714 71.28 (5) (c) Sunset. No credit may be claimed under this subsection for taxable
15years beginning after December 31, 2013. Credits under this subsection for taxable
16years that begin before January 1, 2014, may be carried forward to taxable years that
17begin after December 31, 2013.
AB40-ASA1,1395c 18Section 1395c. 71.28 (5e) (d) of the statutes is renumbered 71.28 (5e) (d) 1.
AB40-ASA1,1395d 19Section 1395d. 71.28 (5e) (d) 2. of the statutes is created to read:
AB40-ASA1,793,2320 71.28 (5e) (d) 2. No credit may be claimed under this subsection for taxable
21years beginning after December 31, 2013. Credits under this subsection for taxable
22years that begin before January 1, 2014, may be carried forward to taxable years that
23begin after December 31, 2013.
AB40-ASA1,1395e 24Section 1395e. 71.28 (5f) (d) 3. of the statutes is created to read:
AB40-ASA1,794,2
171.28 (5f) (d) 3. No credit may be claimed under this subsection for taxable
2years beginning after December 31, 2013.
AB40-ASA1,1395eh 3Section 1395eh. 71.28 (5g) (a) of the statutes is amended to read:
AB40-ASA1,794,54 71.28 (5g) (a) Definitions. In this subsection, "claimant" means an insurer, as
5defined in s. 149.10 (5), 2011 stats., who files a claim under this subsection.
AB40-ASA1,1395em 6Section 1395em. 71.28 (5g) (b) of the statutes is amended to read:
AB40-ASA1,794,127 71.28 (5g) (b) Filing claims. Subject to the limitations provided under this
8subsection, for taxable years beginning after December 31, 2005, and before January
91, 2014,
a claimant may claim as a credit against the taxes imposed under s. 71.23
10an amount that is equal to the amount of assessment under s. 149.13 , 2011 stats.,
11that the claimant paid in the claimant's taxable year, multiplied by the percentage
12determined under par. (c) 1.
AB40-ASA1,1395es 13Section 1395es. 71.28 (5g) (c) 1. of the statutes is amended to read:
AB40-ASA1,794,2314 71.28 (5g) (c) 1. The department of revenue, in consultation with the office of
15the commissioner of insurance, shall determine the percentage under par. (b) for
16each claimant for each taxable year. The percentage shall be equal to $5,000,000
17divided by the aggregate assessment under s. 149.13, 2011 stats. The office of the
18commissioner of insurance shall provide to each claimant that participates in the
19cost of administering the plan the aggregate assessment at the time that it notifies
20the claimant of the claimant's assessment. The aggregate amount of the credit under
21this subsection and ss. 71.07 (5g), 71.47 (5g), and 76.655 for all claimants
22participating in the cost of administering the plan under ch. 149, 2011 stats., shall
23not exceed $5,000,000 in each fiscal year.
AB40-ASA1,1395f 24Section 1395f. 71.28 (5g) (d) of the statutes is renumbered 71.28 (5g) (d) 1.
AB40-ASA1,1395g 25Section 1395g. 71.28 (5g) (d) 2. of the statutes is created to read:
AB40-ASA1,795,4
171.28 (5g) (d) 2. No credit may be claimed under this subsection for taxable
2years beginning after December 31, 2013. Credits under this subsection for taxable
3years that begin before January 1, 2014, may be carried forward to taxable years that
4begin after December 31, 2013.
AB40-ASA1,1395h 5Section 1395h. 71.28 (5h) (d) 3. of the statutes is created to read:
AB40-ASA1,795,76 71.28 (5h) (d) 3. No credit may be claimed under this subsection for taxable
7years beginning after December 31, 2013.
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