AB1-ASA1,14,1313 (a) Water and sewer systems.
AB1-ASA1,14,1414 (b) Wastewater treatment facilities.
AB1-ASA1,18d 15Section 18d. 66.0203 (2) (bm) of the statutes is created to read:
AB1-ASA1,14,1816 66.0203 (2) (bm) Once a petition is filed under par. (b), no territory within the
17town may be annexed by any city or village under s. 66.0217 or 66.0219 until 30 days
18after one of the following occurs:
AB1-ASA1,14,2019 1. Subject to subd. 2., the petition is dismissed by the court under sub. (8) or
20the board under sub. (9).
AB1-ASA1,14,2221 2. If the petition is dismissed as described under subd. 1. and the dismissal is
22appealed as described under s. 66.0209, all appeals are exhausted.
AB1-ASA1,14,2323 3. An incorporation referendum is held in the town.
AB1-ASA1,18e 24Section 18e. 66.0203 (10) of the statutes is created to read:
AB1-ASA1,15,7
166.0203 (10) Certain towns may become a city or village. A town that is
2adjacent to a city or village that contains an electronics and information technology
3manufacturing zone that is designated under s. 238.396 (1m) may become a city or
4village if the town holds, and approves, an incorporation referendum as described in
5s. 66.0211 (3). None of the other procedures contained in ss. 66.0201 to 66.0213 need
6to be fulfilled, and no approval by the board under s. 66.0207 is necessary for the town
7to become a city or village.
AB1-ASA1,18g 8Section 18g. 66.0215 (1m) of the statutes is created to read:
AB1-ASA1,15,119 66.0215 (1m) Annexation limitation. Once a petition is filed under sub. (1),
10no territory within the town may be annexed by any city or village under s. 66.0217
11or 66.0219 until 30 days after the referendum is held in the town.
AB1-ASA1,18i 12Section 18i. 66.02162 (1m) of the statutes is created to read:
AB1-ASA1,15,1513 66.02162 (1m) Annexation limitation. Once a resolution is adopted under sub.
14(1), no territory within the town may be annexed by any city or village under s.
1566.0217 or 66.0219 until 30 days after the referendum is held in the town.
AB1-ASA1,19 16Section 19 . 66.1105 (2) (f) 1. (intro.) of the statutes is amended to read:
AB1-ASA1,16,917 66.1105 (2) (f) 1. (intro.) “Project costs" mean any expenditures made or
18estimated to be made or monetary obligations incurred or estimated to be incurred
19by the city which are listed in a project plan as costs of public works or improvements
20within a tax incremental district or, to the extent provided in this subd. 1. (intro.) or
21subds. 1. k., 1. m., and 1. n., or sub. (20) (c), without the district, plus any incidental
22costs, diminished by any income, special assessments, or other revenues, including
23user fees or charges, other than tax increments, received or reasonably expected to
24be received by the city in connection with the implementation of the plan. For any
25tax incremental district for which a project plan is approved on or after July 31, 1981,

1only a proportionate share of the costs permitted under this subdivision may be
2included as project costs to the extent that they benefit the tax incremental district,
3except that expenditures made or estimated to be made or monetary obligations
4incurred or estimated to be incurred by a 1st class city, to fund parking facilities
5ancillary to and within one mile from public entertainment facilities, including a
6sports and entertainment arena, shall be considered to benefit any tax incremental
7district located in whole or in part within a one-mile radius of such parking facilities.
8To the extent the costs benefit the municipality outside the tax incremental district,
9a proportionate share of the cost is not a project cost. “Project costs" include:
AB1-ASA1,20 10Section 20 . 66.1105 (4) (gm) 4. c. of the statutes is amended to read:
AB1-ASA1,16,2211 66.1105 (4) (gm) 4. c. Except as provided in subs. (10) (c), (16) (d), (17), and (18)
12(c) 3., and (20) (b), the equalized value of taxable property of the district plus the
13value increment of all existing districts does not exceed 12 percent of the total
14equalized value of taxable property within the city. In determining the equalized
15value of taxable property under this subd. 4. c. or sub. (17) (c), the department of
16revenue shall base its calculations on the most recent equalized value of taxable
17property of the district that is reported under s. 70.57 (1m) before the date on which
18the resolution under this paragraph is adopted. If the department of revenue
19determines that a local legislative body exceeds the 12 percent limit described in this
20subd. 4. c. or sub. (17) (c), the department shall notify the city of its noncompliance,
21in writing, not later than December 31 of the year in which the department receives
22the completed application or amendment forms described in sub. (5) (b).
AB1-ASA1,21 23Section 21 . 66.1105 (20) of the statutes is created to read:
AB1-ASA1,17,424 66.1105 (20) Districts within an electronics and information technology
25manufacturing zone.
(a) Creation. With regard to a tax incremental district that

1is created in an electronics and information technology manufacturing zone that is
2designated under s. 238.396 (1m), the district may only be a district that is suitable
3for industrial sites or mixed-use development, as described in sub. (4) (gm) 4. a., and
4all of the following apply:
AB1-ASA1,17,115 1. Notwithstanding the dates specified in sub. (4) (gm) 2., if the resolution
6described under sub. (4) (gm) is adopted during the period between January 1 and
7December 1, the creation date shall be either the January 1 of the year in which the
8resolution is adopted or the next subsequent January 1, as specified by the local
9legislative body in the resolution. If a resolution is adopted during the period
10between December 2 and December 31, the creation date shall be the next
11subsequent January 1.
AB1-ASA1,17,1412 2. Notwithstanding the October 31 deadline for the city clerk's submission of
13the forms described in sub. (5) (b), the city clerk shall complete and submit the
14required forms for a tax incremental district described in this subsection either:
AB1-ASA1,17,1815 a. On or before December 31 of the year the resolution under subd. 1. is adopted
16if the resolution is adopted between January 1 and December 1, and the resolution
17specifies that the district's creation date is January 1 of the year in which the
18resolution is adopted.
AB1-ASA1,17,2319 b. On or after the next subsequent April 1 and before the next subsequent
20December 1 of the year the resolution under subd. 1. is adopted if the resolution is
21adopted between January 1 and December 1 and the resolution specifies that the
22district's creation date is the next subsequent January 1 or the resolution is adopted
23between December 2 and December 31.
AB1-ASA1,17,2524 (b) Exception to the 12 percent limit. Notwithstanding the 12 percent limit
25findings requirement described under sub. (4) (gm) 4. c.:
AB1-ASA1,18,2
11. That findings requirement does not apply to a local legislative body's
2resolution which relates to a district described under this subsection.
AB1-ASA1,18,83 2. After a local legislative body's creation of a district described under this
4subsection, if that body makes the calculation under sub. (4) (gm) 4. c. for a tax
5incremental district created under this section but not under this subsection, that
6findings requirement may not include the value increment of the district created
7under this subsection, provided that the district created under this subsection has
8not terminated.
AB1-ASA1,18,119 (c) Expenditures. With regard to a tax incremental district described under this
10subsection, and subject to par. (ce), the creating city may incur project costs for any
11of the following, provided that the expenditures benefit the district:
AB1-ASA1,18,1212 1. Territory that is located in the same county as the district.
AB1-ASA1,18,2313 2. Notwithstanding the provisions of sub. (2) (f) 2. a. and c., the cost of
14constructing or expanding fire stations, purchasing police and fire equipment, and
15the cost of general government operating expenses, provided that the total of such
16expenditures do not exceed, over the district's lifetime, 15 percent of the total positive
17tax increments received by the creating city over the district's lifetime. With regard
18to capital expenditures that may be made under this subdivision, such expenditures
19may be made only for the first 84 months following the district's creation, and any
20expenditures made under this subdivision for constructing or expanding fire stations
21may be made only for fire stations located within a one-mile radius of the electronics
22and information technology manufacturing zone that is designated under s. 238.396
23(1m).
AB1-ASA1,19,224 (ce) Certification. Before the creating city may incur project costs for any
25territory that is located outside the district but in the same county as the district, the

1city must obtain certification from the department of administration that the
2department believes such a proposed expenditure benefits the district.
AB1-ASA1,19,53 (cm) Expenditure period. Notwithstanding the limitation on expenditures
4described in sub. (6) (am) 1., expenditures for a district described under this
5subsection may be made up to the unextended termination date described in par. (e).
AB1-ASA1,19,96 (d) Allocation of positive increments. Notwithstanding the 20-year limit for
7allocating positive tax increments described in sub. (6) (a) 7., for a tax incremental
8district described under this subsection, that limit shall be 30 years for purposes of
9sub. (6) (a) 7.
AB1-ASA1,19,1210 (e) Termination. Notwithstanding the 20-year termination requirement
11specified in sub. (7) (am) 2., for a tax incremental district described under this
12subsection, that limit shall be 30 years for purposes of sub. (7) (am) 2.
AB1-ASA1,21m 13Section 21m. 67.05 (10) of the statutes is amended to read:
AB1-ASA1,20,1014 67.05 (10) Direct, annual, irrepealable tax. The Except as provided in sub.
15(10m), the
governing body of every municipality proceeding under this chapter shall,
16at the time of or after the adoption of an initial resolution in compliance with sub.
17(1) or (2), or, after the approval of the resolution by popular vote when such approval
18is required, and before issuing any of the contemplated bonds, levy by recorded
19resolution a direct, annual tax sufficient in amount to pay and for the express
20purpose of paying the interest on such bonds as it falls due, and also to pay and
21discharge the principal thereof at maturity. The municipality shall be and continue
22without power to repeal such levy or obstruct the collection of the tax until all such
23payments have been made or provided for. After the issue of the bonds, the tax shall
24be from year to year carried into the tax roll of the municipality and collected as other
25taxes are collected, provided that the amount of tax carried into the tax roll may be

1reduced in any year by the amount of any surplus money in the debt service fund
2created under s. 67.11, and provided further that the municipality issuing the bonds
3may make an appropriation in advance of the authorization of the bonds to provide
4funds for any payment coming due on the bonds prior to the first collection of taxes
5levied for that payment. The amount of the appropriation shall be based on
6estimates of the amount of bonds to be sold and the rate of interest the bonds will
7bear. The appropriation shall not be used for any purpose other than that for which
8appropriated and any surplus in the appropriation shall be transferred to the
9general fund of the municipality. The municipality is not required to levy a tax equal
10to the amount of that appropriation.
AB1-ASA1,21n 11Section 21n. 67.05 (10m) of the statutes is created to read:
AB1-ASA1,20,1812 67.05 (10m) Counties may issue sales tax revenue bonds. A county in which
13an electronics and information technology manufacturing zone that is designated
14under s. 238.396 (1m) exists may issue bonds under this chapter whose principal and
15interest are paid only through sales and use tax revenues imposed by the county
16under s. 77.70. The county shall be and continue without power to repeal such tax
17or obstruct the collection of the tax until all such payments have been made or
18provided for.
AB1-ASA1,22 19Section 22 . 71.05 (6) (a) 15. of the statutes is amended to read:
AB1-ASA1,20,2520 71.05 (6) (a) 15. Except as provided under s. 71.07 (3p) (c) 5., the amount of the
21credits computed under s. 71.07 (2dm), (2dx), (2dy), (3g), (3h), (3n), (3p), (3q), (3r),
22(3rm), (3rn), (3s), (3t), (3w), (3wm), (3y), (4k), (4n), (5e), (5f), (5h), (5i), (5j), (5k), (5r),
23(5rm), (6n), and (8r) and not passed through by a partnership, limited liability
24company, or tax-option corporation that has added that amount to the partnership's,
25company's, or tax-option corporation's income under s. 71.21 (4) or 71.34 (1k) (g).
AB1-ASA1,23
1Section 23. 71.07 (3w) (bm) 5. of the statutes is created to read:
AB1-ASA1,21,162 71.07 (3w) (bm) 5. In addition to the credits under par. (b) and subds. 1. to 4.,
3and subject to the limitations provided in this subsection and s. 238.399 or s. 560.799,
42009 stats., a claimant that has retained the minimum number of full-time
5employees determined under s. 238.399 (5) (f) and maintained average zone payroll
6for the taxable year equal to or greater than the base year may claim as a credit
7against the tax imposed under s. 71.02 or 71.08 an amount equal to the percentage,
8as determined by the Wisconsin Economic Development Corporation, of the
9claimant's zone payroll paid in the 12 months prior to the certification date to the
10claimant's full-time employees in the enterprise zone whose annual wages are
11greater than the amount determined by multiplying 2,080 by 150 percent of the
12federal minimum wage in a tier I county or municipality or greater than $30,000 in
13a tier II county or municipality. The amount that the claimant may claim as credit
14under this subdivision for a taxable year shall not exceed $2,000,000. A claimant
15may claim a credit under this subdivision for no more than 5 consecutive taxable
16years.
AB1-ASA1,24 17Section 24 . 71.07 (3wm) of the statutes is created to read:
AB1-ASA1,21,1918 71.07 (3wm) Electronics and information technology manufacturing zone
19credit.
(a) Definitions. In this subsection:
AB1-ASA1,21,2120 1. “Claimant" means a person who is certified to claim tax benefits under s.
21238.396 (3) and who files a claim under this subsection.
AB1-ASA1,21,2522 2. “Full-time employee” means an individual who is employed in a job for which
23the annual pay is at least $30,000 and who is offered retirement, health, and other
24benefits that are equivalent to the retirement, health, and other benefits offered to
25an individual who is required to work at least 2,080 hours per year.
AB1-ASA1,22,2
13. “State payroll" means the amount of payroll apportioned to this state, as
2determined under s. 71.25 (8).
AB1-ASA1,22,43 6. “Wages" means wages under section 3306 (b) of the Internal Revenue Code,
4determined without regard to any dollar limitations.
AB1-ASA1,22,55 7. “Zone” means a zone designated under s. 238.396 (1m).
AB1-ASA1,22,116 8. “Zone payroll" means the amount of state payroll that is attributable to
7wages paid by the claimant to full-time employees for services that are performed
8in the zone or that are performed outside the zone, but within the state, and for the
9benefit of the operations within the zone, as determined by the Wisconsin Economic
10Development Corporation. “Zone payroll" does not include the amount of wages paid
11to any full-time employees that exceeds $100,000.
AB1-ASA1,22,1412 (b) Filing claims; payroll. Subject to the limitations provided in this subsection
13and s. 238.396, a claimant may claim as a credit against the tax imposed under s.
1471.02 or 71.08 an amount calculated as follows:
AB1-ASA1,22,1615 1. Determine the zone payroll for the taxable year for full-time employees
16employed by the claimant.
AB1-ASA1,22,1717 2. Multiply the amount determined under subd. 1. by 17 percent.
AB1-ASA1,22,2218 (bm) Filing supplemental claims. In addition to claiming the credit under par.
19(b), and subject to the limitations under this subsection and s. 238.396, a claimant
20may claim as a credit against the tax imposed under s. 71.02 or 71.08 up to 15 percent
21of the claimant's significant capital expenditures in the zone in the taxable year, as
22determined under s. 238.396 (3m).
AB1-ASA1,23,523 (c) Limitations. 1. Partnerships, limited liability companies, and tax-option
24corporations may not claim the credit under this subsection, but the eligibility for,
25and the amount of, the credit are based on their payment of amounts described under

1pars. (b) and (bm). A partnership, limited liability company, or tax-option
2corporation shall compute the amount of credit that each of its partners, members,
3or shareholders may claim and shall provide that information to each of them.
4Partners, members of limited liability companies, and shareholders of tax-option
5corporations may claim the credit in proportion to their ownership interests.
AB1-ASA1,23,86 2. No credit may be allowed under this subsection unless the claimant includes
7with the claimant's return a copy of the claimant's certification for tax benefits under
8s. 238.396 (3).
AB1-ASA1,23,109 (d) Administration. 1. Section 71.28 (4) (g) and (h), as it applies to the credit
10under s. 71.28 (4), applies to the credit under this subsection.
AB1-ASA1,23,1611 2. If the allowable amount of the claim under this subsection exceeds the taxes
12otherwise due on the claimant's income under s. 71.02, the amount of the claim that
13is not used to offset those taxes shall be certified by the department of revenue to the
14department of administration for payment by check, share draft, or other draft
15drawn from the appropriation under s. 20.835 (2) (cp). Notwithstanding s. 71.82, no
16interest shall be paid on amounts certified under this subdivision.
AB1-ASA1,25 17Section 25 . 71.08 (1) (intro.) of the statutes is amended to read:
AB1-ASA1,24,218 71.08 (1) Imposition. (intro.) If the tax imposed on a natural person, married
19couple filing jointly, trust, or estate under s. 71.02, not considering the credits under
20ss. 71.07 (1), (2dx), (2dy), (3m), (3n), (3p), (3q), (3r), (3rm), (3rn), (3s), (3t), (3w),
21(3wm), (3y), (4k), (5b), (5d), (5e), (5f), (5h), (5i), (5j), (5n), (6), (6e), (8r), (9e), (9m), and
22(9r), 71.28 (1dx), (1dy), (2m), (3), (3n), (3t), (3w), (3wm), and (3y), 71.47 (1dx), (1dy),
23(2m), (3), (3n), (3t), (3w), and (3y), 71.57 to 71.61, and 71.613 and subch. VIII and
24payments to other states under s. 71.07 (7), is less than the tax under this section,

1there is imposed on that natural person, married couple filing jointly, trust or estate,
2instead of the tax under s. 71.02, an alternative minimum tax computed as follows:
AB1-ASA1,26 3Section 26 . 71.10 (4) (i) of the statutes is amended to read:
AB1-ASA1,24,184 71.10 (4) (i) The total of claim of right credit under s. 71.07 (1), farmland
5preservation credit under ss. 71.57 to 71.61, farmland preservation credit, 2010 and
6beyond under s. 71.613, homestead credit under subch. VIII, farmland tax relief
7credit under s. 71.07 (3m), dairy manufacturing facility investment credit under s.
871.07 (3p), jobs tax credit under s. 71.07 (3q), meat processing facility investment
9credit under s. 71.07 (3r), woody biomass harvesting and processing credit under s.
1071.07 (3rm), food processing plant and food warehouse investment credit under s.
1171.07 (3rn), business development credit under s. 71.07 (3y), film production services
12credit under s. 71.07 (5f), film production company investment credit under s. 71.07
13(5h), veterans and surviving spouses property tax credit under s. 71.07 (6e),
14enterprise zone jobs credit under s. 71.07 (3w), electronics and information
15technology manufacturing zone credit under s. 71.07 (3wm),
beginning farmer and
16farm asset owner tax credit under s. 71.07 (8r), earned income tax credit under s.
1771.07 (9e), estimated tax payments under s. 71.09, and taxes withheld under subch.
18X.
AB1-ASA1,27 19Section 27 . 71.21 (4) (a) of the statutes is amended to read:
AB1-ASA1,24,2320 71.21 (4) (a) The amount of the credits computed by a partnership under s.
2171.07 (2dm), (2dx), (2dy), (3g), (3h), (3n), (3p), (3q), (3r), (3rm), (3rn), (3s), (3t), (3w),
22(3wm), (3y), (4k), (4n), (5e), (5f), (5g), (5h), (5i), (5j), (5k), (5r), (5rm), (6n), and (8r) and
23passed through to partners shall be added to the partnership's income.
AB1-ASA1,28 24Section 28 . 71.26 (2) (a) 4. of the statutes is amended to read:
AB1-ASA1,25,6
171.26 (2) (a) 4. Plus the amount of the credit computed under s. 71.28 (1dm),
2(1dx), (1dy), (3g), (3h), (3n), (3p), (3q), (3r), (3rm), (3rn), (3t), (3w), (3wm), (5e), (5f),
3(5g), (5h), (5i), (5j), (5k), (5r), (5rm), (6n), (8r), and (9s) and not passed through by a
4partnership, limited liability company, or tax-option corporation that has added that
5amount to the partnership's, limited liability company's, or tax-option corporation's
6income under s. 71.21 (4) or 71.34 (1k) (g).
AB1-ASA1,29 7Section 29 . 71.28 (3w) (bm) 5. of the statutes is created to read:
AB1-ASA1,25,218 71.28 (3w) (bm) 5. In addition to the credits under par. (b) and subds. 1. to 4.,
9and subject to the limitations provided in this subsection and s. 238.399 or s. 560.799,
102009 stats., a claimant that has retained the minimum number of full-time
11employees determined under s. 238.399 (5) (f) and maintained average zone payroll
12for the taxable year equal to or greater than the base year may claim as a credit
13against the tax imposed under s. 71.23 an amount equal to the percentage, as
14determined by the Wisconsin Economic Development Corporation, of the claimant's
15zone payroll paid in the 12 months prior to the certification date to the claimant's
16full-time employees in the enterprise zone whose annual wages are greater than the
17amount determined by multiplying 2,080 by 150 percent of the federal minimum
18wage in a tier I county or municipality or greater than $30,000 in a tier II county or
19municipality. The amount that the claimant may claim as credit under this
20subdivision for a taxable year shall not exceed $2,000,000. A claimant may claim a
21credit under this subdivision for no more than 5 consecutive taxable years.
AB1-ASA1,30 22Section 30 . 71.28 (3wm) of the statutes is created to read:
AB1-ASA1,25,2423 71.28 (3wm) Electronics and information technology manufacturing zone
24credit.
(a) Definitions. In this subsection:
AB1-ASA1,26,2
11. “Claimant" means a person who is certified to claim tax benefits under s.
2238.396 (3) and who files a claim under this subsection.
AB1-ASA1,26,63 2. “Full-time employee” means an individual who is employed in a job for which
4the annual pay is at least $30,000 and who is offered retirement, health, and other
5benefits that are equivalent to the retirement, health, and other benefits offered to
6an individual who is required to work at least 2,080 hours per year.
AB1-ASA1,26,87 3. “State payroll" means the amount of payroll apportioned to this state, as
8determined under s. 71.25 (8).
AB1-ASA1,26,109 6. “Wages" means wages under section 3306 (b) of the Internal Revenue Code,
10determined without regard to any dollar limitations.
AB1-ASA1,26,1111 7. “Zone” means a zone designated under s. 238.396 (1m).
AB1-ASA1,26,1712 8. “Zone payroll" means the amount of state payroll that is attributable to
13wages paid by the claimant to full-time employees for services that are performed
14in the zone or that are performed outside the zone, but within the state, and for the
15benefit of the operations within the zone, as determined by the Wisconsin Economic
16Development Corporation. “Zone payroll" does not include the amount of wages paid
17to any full-time employees that exceeds $100,000.
AB1-ASA1,26,2018 (b) Filing claims; payroll. Subject to the limitations provided in this subsection
19and s. 238.396, a claimant may claim as a credit against the tax imposed under s.
2071.23 an amount calculated as follows:
AB1-ASA1,26,2221 1. Determine the zone payroll for the taxable year for full-time employees
22employed by the claimant.
AB1-ASA1,26,2323 2. Multiply the amount determined under subd. 1. by 17 percent.
AB1-ASA1,27,324 (bm) Filing supplemental claims. In addition to claiming the credit under par.
25(b), and subject to the limitations under this subsection and s. 238.396, a claimant

1may claim as a credit against the tax imposed under s. 71.23 up to 15 percent of the
2claimant's significant capital expenditures in the zone in the taxable year, as
3determined under s. 238.396 (3m).
AB1-ASA1,27,114 (c) Limitations. 1. Partnerships, limited liability companies, and tax-option
5corporations may not claim the credit under this subsection, but the eligibility for,
6and the amount of, the credit are based on their payment of amounts described under
7pars. (b) and (bm). A partnership, limited liability company, or tax-option
8corporation shall compute the amount of credit that each of its partners, members,
9or shareholders may claim and shall provide that information to each of them.
10Partners, members of limited liability companies, and shareholders of tax-option
11corporations may claim the credit in proportion to their ownership interests.
AB1-ASA1,27,1412 2. No credit may be allowed under this subsection unless the claimant includes
13with the claimant's return a copy of the claimant's certification for tax benefits under
14s. 238.396 (3).
AB1-ASA1,27,1615 (d) Administration. 1. Subsection (4) (g) and (h), as it applies to the credit
16under sub. (4), applies to the credit under this subsection.
AB1-ASA1,27,2217 2. If the allowable amount of the claim under this subsection exceeds the taxes
18otherwise due on the claimant's income under s. 71.23, the amount of the claim that
19is not used to offset those taxes shall be certified by the department of revenue to the
20department of administration for payment by check, share draft, or other draft
21drawn from the appropriation under s. 20.835 (2) (cp). Notwithstanding s. 71.82, no
22interest shall be paid on amounts certified under this subdivision.
AB1-ASA1,31 23Section 31 . 71.30 (3) (f) of the statutes is amended to read:
AB1-ASA1,28,924 71.30 (3) (f) The total of farmland preservation credit under subch. IX,
25farmland tax relief credit under s. 71.28 (2m), dairy manufacturing facility

1investment credit under s. 71.28 (3p), jobs credit under s. 71.28 (3q), meat processing
2facility investment credit under s. 71.28 (3r), woody biomass harvesting and
3processing credit under s. 71.28 (3rm), food processing plant and food warehouse
4investment credit under s. 71.28 (3rn), enterprise zone jobs credit under s. 71.28
5(3w), electronics and information technology manufacturing zone credit under s.
671.28 (3wm),
business development credit under s. 71.28 (3y), film production
7services credit under s. 71.28 (5f), film production company investment credit under
8s. 71.28 (5h), beginning farmer and farm asset owner tax credit under s. 71.28 (8r),
9and estimated tax payments under s. 71.29.
AB1-ASA1,32 10Section 32 . 71.34 (1k) (g) of the statutes is amended to read:
AB1-ASA1,28,1411 71.34 (1k) (g) An addition shall be made for credits computed by a tax-option
12corporation under s. 71.28 (1dm), (1dx), (1dy), (3), (3g), (3h), (3n), (3p), (3q), (3r),
13(3rm), (3rn), (3t), (3w), (3wm), (3y), (4), (5), (5e), (5f), (5g), (5h), (5i), (5j), (5k), (5r),
14(5rm), (6n), and (8r) and passed through to shareholders.
AB1-ASA1,33 15Section 33 . 73.0300 of the statutes is created to read:
AB1-ASA1,28,20 1673.0300 Disregarded entities. With regard to a single-owner entity that is
17disregarded as a separate entity under section 7701 of the Internal Revenue Code,
18any notice that the department of revenue sends to the owner or to the entity is
19considered a notice sent to both and both are liable for any amounts due as specified
20in the notice. This section applies to all laws administered by the department.
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