Amendment SSA3-AB365

AB365-SSA3,6,10 16.52 (7) Petty cash account. With the approval of the secretary, each agency that is authorized to maintain a contingent fund under s. 20.920 may establish a petty cash account from its contingent fund. The procedure for operation and maintenance of petty cash accounts and the character of expenditures therefrom shall be prescribed by the secretary. In this subsection, “agency" means an office, department, independent agency, institution of higher education, association, society, or other body in state government created or authorized to be created by the constitution or any law, that is entitled to expend moneys appropriated by law, including the legislature and the courts, but not including an authority created in subch. II of ch. 114 or subch. III of ch. 656 or in ch. 231, 233, 234, 237, 238, or 279.

AB365-SSA3,16 Section 16. 16.528 (1) (a) of the statutes is amended to read:

AB365-SSA3,6,17 16.528 (1) (a) “Agency" means an office, department, independent agency, institution of higher education, association, society, or other body in state government created or authorized to be created by the constitution or any law, that is entitled to expend moneys appropriated by law, including the legislature and the courts, but not including an authority created in subch. II of ch. 114 or subch. III of ch. 656 or in ch. 231, 233, 234, 237, 238, or 279.

AB365-SSA3,17 Section 17. 16.53 (2) of the statutes is amended to read:

AB365-SSA3,7,2 16.53 (2) Improper invoices. If an agency receives an improperly completed invoice, the agency shall notify the sender of the invoice within 10 working days after it receives the invoice of the reason it is improperly completed. In this subsection, “agency" means an office, department, independent agency, institution of higher education, association, society, or other body in state government created or authorized to be created by the constitution or any law, that is entitled to expend moneys appropriated by law, including the legislature and the courts, but not including an authority created in subch. II of ch. 114 or subch. III of ch. 656 or in ch. 231, 233, 234, 237, 238, or 279.

AB365-SSA3,18 Section 18. 16.54 (9) (a) 1. of the statutes is amended to read:

AB365-SSA3,7,9 16.54 (9) (a) 1. “Agency" means an office, department, independent agency, institution of higher education, association, society or other body in state government created or authorized to be created by the constitution or any law, which is entitled to expend moneys appropriated by law, including the legislature and the courts, but not including an authority created in subch. II of ch. 114 or subch. III of ch. 656 or in ch. 231, 233, 234, 237, 238, or 279.

AB365-SSA3,19 Section 19. 16.70 (2) of the statutes is amended to read:

AB365-SSA3,7,12 16.70 (2) “Authority" means a body created under subch. II of ch. 114 or subch. III of ch. 656 or under ch. 231, 232, 233, 234, 237, or 279.

AB365-SSA3,20 Section 20. 16.72 (2) (e) (intro.) of the statutes is amended to read:

AB365-SSA3,7,24 16.72 (2) (e) (intro.) In writing the specifications under this subsection, the department and any other designated purchasing agent under s. 16.71 (1) shall incorporate requirements for the purchase of products made from recycled materials and recovered materials if their use is technically and economically feasible. Each authority other than the University of Wisconsin Hospitals and Clinics Authority, the Health Insurance Risk-Sharing Plan Authority, and the Lower Fox River Remediation Authority, in writing specifications for purchasing by the authority, shall incorporate requirements for the purchase of products made from recycled materials and recovered materials if their use is technically and economically feasible. The specifications shall include requirements for the purchase of the following materials:

AB365-SSA3,21 Section 21. 16.72 (2) (f) of the statutes is amended to read:

AB365-SSA3,8,10 16.72 (2) (f) In writing specifications under this subsection, the department, any other designated purchasing agent under s. 16.71 (1), and each authority other than the University of Wisconsin Hospitals and Clinics Authority , the Health Insurance Risk-Sharing Plan Authority, and the Lower Fox River Remediation Authority shall incorporate requirements relating to the recyclability and ultimate disposition of products and, wherever possible, shall write the specifications so as to minimize the amount of solid waste generated by the state, consistent with the priorities established under s. 287.05 (12). All specifications under this subsection shall discourage the purchase of single-use, disposable products and require, whenever practical, the purchase of multiple-use, durable products.

AB365-SSA3,22 Section 22. 16.75 (1m) of the statutes is amended to read:

AB365-SSA3,8,25 16.75 (1m) The department shall award each order or contract for materials, supplies or equipment on the basis of life cycle cost estimates, whenever such action is appropriate. Each authority other than the University of Wisconsin Hospitals and Clinics Authority, the Health Insurance Risk-Sharing Plan Authority, the Lower Fox River Remediation Authority, and the Wisconsin Aerospace Authority shall award each order or contract for materials, supplies or equipment on the basis of life cycle cost estimates, whenever such action is appropriate. The terms, conditions and evaluation criteria to be applied shall be incorporated in the solicitation of bids or proposals. The life cycle cost formula may include, but is not limited to, the applicable costs of energy efficiency, acquisition and conversion, money, transportation, warehousing and distribution, training, operation and maintenance and disposition or resale. The department shall prepare documents containing technical guidance for the development and use of life cycle cost estimates, and shall make the documents available to local governmental units.

AB365-SSA3,23 Section 23. 16.75 (8) (am) and (bm) of the statutes are amended to read:

AB365-SSA3,9,8 16.75 (8) (am) The department, any other designated purchasing agent under s. 16.71 (1), any agency making purchases under s. 16.74, and each authority other than the University of Wisconsin Hospitals and Clinics Authority , the Health Insurance Risk-Sharing Plan Authority, and the Lower Fox River Remediation Authority shall, to the extent practicable, make purchasing selections using specifications developed under s. 16.72 (2) (e) to maximize the purchase of materials utilizing recycled materials and recovered materials.

AB365-SSA3,9,14 (bm) Each agency and authority other than the University of Wisconsin Hospitals and Clinics Authority, the Health Insurance Risk-Sharing Plan Authority, and the Lower Fox River Remediation Authority shall ensure that the average recycled or recovered content of all paper purchased by the agency or authority measured as a proportion, by weight, of the fiber content of paper products purchased in a fiscal year, is not less than 40 percent of all purchased paper.

AB365-SSA3,24 Section 24. 16.75 (9) of the statutes is amended to read:

AB365-SSA3,9,21 16.75 (9) The department, any other designated purchasing agent under s. 16.71 (1), any agency making purchases under s. 16.74, and any authority other than the University of Wisconsin Hospitals and Clinics Authority, the Health Insurance Risk-Sharing Plan Authority, and the Lower Fox River Remediation Authority shall, to the extent practicable, make purchasing selections using specifications prepared under s. 16.72 (2) (f).

AB365-SSA3,25 Section 25. 16.765 (1) of the statutes is amended to read:

AB365-SSA3,9,25 16.765 (1) Contracting agencies, the University of Wisconsin Hospitals and Clinics Authority, the Health Insurance Risk-Sharing Plan Authority, the Fox River Navigational System Authority, the Wisconsin Aerospace Authority, the Lower Fox River Remediation Authority, the Wisconsin Economic Development Corporation, and the Bradley Center Sports and Entertainment Corporation shall include in all contracts executed by them a provision obligating the contractor not to discriminate against any employee or applicant for employment because of age, race, religion, color, handicap, sex, physical condition, developmental disability as defined in s. 51.01 (5), sexual orientation as defined in s. 111.32 (13m), or national origin and, except with respect to sexual orientation, obligating the contractor to take affirmative action to ensure equal employment opportunities.

AB365-SSA3,26 Section 26. 16.765 (2) of the statutes is amended to read:

AB365-SSA3,11,2 16.765 (2) Contracting agencies, the University of Wisconsin Hospitals and Clinics Authority, the Health Insurance Risk-Sharing Plan Authority, the Fox River Navigational System Authority, the Wisconsin Aerospace Authority, the Lower Fox River Remediation Authority, the Wisconsin Economic Development Corporation, and the Bradley Center Sports and Entertainment Corporation shall include the following provision in every contract executed by them: “In connection with the performance of work under this contract, the contractor agrees not to discriminate against any employee or applicant for employment because of age, race, religion, color, handicap, sex, physical condition, developmental disability as defined in s. 51.01 (5), sexual orientation or national origin. This provision shall include, but not be limited to, the following: employment, upgrading, demotion or transfer; recruitment or recruitment advertising; layoff or termination; rates of pay or other forms of compensation; and selection for training, including apprenticeship. Except with respect to sexual orientation, the contractor further agrees to take affirmative action to ensure equal employment opportunities. The contractor agrees to post in conspicuous places, available for employees and applicants for employment, notices to be provided by the contracting officer setting forth the provisions of the nondiscrimination clause".

AB365-SSA3,27 Section 27. 16.765 (4) of the statutes is amended to read:

AB365-SSA3,11,9 16.765 (4) Contracting agencies, the University of Wisconsin Hospitals and Clinics Authority, the Health Insurance Risk-Sharing Plan Authority, the Fox River Navigational System Authority, the Wisconsin Aerospace Authority, the Lower Fox River Remediation Authority, and the Bradley Center Sports and Entertainment Corporation shall take appropriate action to revise the standard government contract forms under this section.

AB365-SSA3,28 Section 28. 16.765 (5) of the statutes is amended to read:

AB365-SSA3,12,2 16.765 (5) The head of each contracting agency and the boards of directors of the University of Wisconsin Hospitals and Clinics Authority, the Health Insurance Risk-Sharing Plan Authority, the Fox River Navigational System Authority, the Wisconsin Aerospace Authority, the Lower Fox River Remediation Authority, the Wisconsin Economic Development Corporation, and the Bradley Center Sports and Entertainment Corporation shall be primarily responsible for obtaining compliance by any contractor with the nondiscrimination and affirmative action provisions prescribed by this section, according to procedures recommended by the department. The department shall make recommendations to the contracting agencies and the boards of directors of the University of Wisconsin Hospitals and Clinics Authority, the Health Insurance Risk-Sharing Plan Authority, the Fox River Navigational System Authority, the Wisconsin Aerospace Authority, the Lower Fox River Remediation Authority, the Wisconsin Economic Development Corporation, and the Bradley Center Sports and Entertainment Corporation for improving and making more effective the nondiscrimination and affirmative action provisions of contracts. The department shall promulgate such rules as may be necessary for the performance of its functions under this section.

AB365-SSA3,29 Section 29. 16.765 (6) of the statutes is amended to read:

AB365-SSA3,12,12 16.765 (6) The department may receive complaints of alleged violations of the nondiscrimination provisions of such contracts. The department shall investigate and determine whether a violation of this section has occurred. The department may delegate this authority to the contracting agency, the University of Wisconsin Hospitals and Clinics Authority, the Health Insurance Risk-Sharing Plan Authority, the Fox River Navigational System Authority, the Wisconsin Aerospace Authority, the Lower Fox River Remediation Authority, the Wisconsin Economic Development Corporation, or the Bradley Center Sports and Entertainment Corporation for processing in accordance with the department's procedures.

AB365-SSA3,30 Section 30. 16.765 (7) (intro.) of the statutes is amended to read:

AB365-SSA3,12,24 16.765 (7) (intro.) When a violation of this section has been determined by the department, the contracting agency, the University of Wisconsin Hospitals and Clinics Authority, the Health Insurance Risk-Sharing Plan Authority, the Fox River Navigational System Authority, the Wisconsin Aerospace Authority, the Lower Fox River Remediation Authority, the Wisconsin Economic Development Corporation, or the Bradley Center Sports and Entertainment Corporation, the contracting agency, the University of Wisconsin Hospitals and Clinics Authority, the Health Insurance Risk-Sharing Plan Authority, the Fox River Navigational System Authority, the Wisconsin Aerospace Authority, the Lower Fox River Remediation Authority, the Wisconsin Economic Development Corporation, or the Bradley Center Sports and Entertainment Corporation shall:

AB365-SSA3,31 Section 31. 16.765 (7) (d) of the statutes is amended to read:

AB365-SSA3,13,7 16.765 (7) (d) Direct the violating party to take immediate steps to prevent further violations of this section and to report its corrective action to the contracting agency, the University of Wisconsin Hospitals and Clinics Authority, the Health Insurance Risk-Sharing Plan Authority, the Fox River Navigational System Authority, the Wisconsin Aerospace Authority, the Lower Fox River Remediation Authority, the Wisconsin Economic Development Corporation, or the Bradley Center Sports and Entertainment Corporation.

AB365-SSA3,32 Section 32. 16.765 (8) of the statutes is amended to read:

AB365-SSA3,14,2 16.765 (8) If further violations of this section are committed during the term of the contract, the contracting agency, the Health Insurance Risk-Sharing Plan Authority, the Fox River Navigational System Authority, the Wisconsin Aerospace Authority, the Lower Fox River Remediation Authority, the Wisconsin Economic Development Corporation, or the Bradley Center Sports and Entertainment Corporation may permit the violating party to complete the contract, after complying with this section, but thereafter the contracting agency, the Health Insurance Risk-Sharing Plan Authority, the Fox River Navigational System Authority, the Wisconsin Aerospace Authority, the Lower Fox River Remediation Authority, the Wisconsin Economic Development Corporation, or the Bradley Center Sports and Entertainment Corporation shall request the department to place the name of the party on the ineligible list for state contracts, or the contracting agency, the Health Insurance Risk-Sharing Plan Authority, the Fox River Navigational System Authority, the Wisconsin Aerospace Authority, the Lower Fox River Remediation Authority, the Wisconsin Economic Development Corporation, or the Bradley Center Sports and Entertainment Corporation may terminate the contract without liability for the uncompleted portion or any materials or services purchased or paid for by the contracting party for use in completing the contract.

AB365-SSA3,33 Section 33. 16.85 (2) of the statutes is amended to read:

AB365-SSA3,14,13 16.85 (2) To furnish engineering, architectural, project management, and other building construction services whenever requisitions therefor are presented to the department by any agency. The department may deposit moneys received from the provision of these services in the account under s. 20.505 (1) (kc) or in the general fund as general purpose revenue — earned. In this subsection, “agency" means an office, department, independent agency, institution of higher education, association, society, or other body in state government created or authorized to be created by the constitution or any law, which is entitled to expend moneys appropriated by law, including the legislature and the courts, but not including an authority created in subch. II of ch. 114 or subch. III of ch. 656 or in ch. 231, 233, 234, 237, 238, or 279.

AB365-SSA3,34 Section 34. 16.865 (8) of the statutes is amended to read:

AB365-SSA3,15,4 16.865 (8) Annually in each fiscal year, allocate as a charge to each agency a proportionate share of the estimated costs attributable to programs administered by the agency to be paid from the appropriation under s. 20.505 (2) (k). The department may charge premiums to agencies to finance costs under this subsection and pay the costs from the appropriation on an actual basis. The department shall deposit all collections under this subsection in the appropriation account under s. 20.505 (2) (k). Costs assessed under this subsection may include judgments, investigative and adjustment fees, data processing and staff support costs, program administration costs, litigation costs, and the cost of insurance contracts under sub. (5). In this subsection, “agency" means an office, department, independent agency, institution of higher education, association, society, or other body in state government created or authorized to be created by the constitution or any law, that is entitled to expend moneys appropriated by law, including the legislature and the courts, but not including an authority created in subch. II of ch. 114 or subch. III of ch. 656 or in ch. 231, 232, 233, 234, 237, 238, or 279.

AB365-SSA3,35 Section 35. 25.17 (63m) of the statutes is created to read:

AB365-SSA3,15,8 25.17 (63m) If requested by the Health Insurance Risk-Sharing Plan Authority, invest funds of the Health Insurance Risk-Sharing Plan Authority in the state investment fund.

AB365-SSA3,36 Section 36. 25.50 (1) (d) of the statutes is amended to read:

AB365-SSA3,15,19 25.50 (1) (d) “Local government" means any county, town, village, city, power district, sewerage district, drainage district, town sanitary district, public inland lake protection and rehabilitation district, local professional baseball park district created under subch. III of ch. 229, long-term care district under s. 46.2895, local professional football stadium district created under subch. IV of ch. 229, local cultural arts district created under subch. V of ch. 229, public library system, school district or technical college district in this state, any commission, committee, board or officer of any governmental subdivision of this state, any court of this state, other than the court of appeals or the supreme court, or any authority created under s. 114.61, 231.02, 233.02, or 234.02, or 656.41.

AB365-SSA3,37 Section 37. 40.02 (54) (n) of the statutes is created to read:

AB365-SSA3,15,21 40.02 (54) (n) The Health Insurance Risk-Sharing Plan Authority.

AB365-SSA3,38 Section 38 . 71.07 (5g) (a) of the statutes is amended to read:

AB365-SSA3,16,2 71.07 (5g) (a) Definitions. In this subsection, “claimant" means a partner, limited liability company member, or tax-option corporation shareholder who files a claim under this subsection and who is a partner, member, or shareholder of an entity that is an insurer, as defined in s. 149.10 (5), 2011 stats. , or in s. 656.01 (17).

AB365-SSA3,39 Section 39 . 71.07 (5g) (b) of the statutes is renumbered 71.07 (5g) (b) 1. and amended to read:

AB365-SSA3,16,10 71.07 (5g) (b) 1. Subject to the limitations provided under this subsection, for taxable years beginning after December 31, 2005, and before January 1, 2015, a claimant may claim as a credit against the taxes imposed under s. 71.02 an amount that is equal to the amount of the assessment under s. 149.13, 2011 stats., that the claimant paid in the claimant's taxable year, multiplied by the percentage determined under par. (c) 1. a.

AB365-SSA3,40 Section 40 . 71.07 (5g) (b) 2. of the statutes is created to read:

AB365-SSA3,16,16 71.07 (5g) (b) 2. Subject to the limitations provided under this subsection, for taxable years beginning after December 31, 2018, a claimant may claim as a credit against the taxes imposed under s. 71.02 an amount that is equal to the amount of the assessment under s. 656.15 that the claimant paid in the claimant's taxable year, multiplied by the percentage determined under par. (c) 1. b.

AB365-SSA3,41 Section 41 . 71.07 (5g) (c) 1. of the statutes is renumbered 71.07 (5g) (c) 1. a. and amended to read:

AB365-SSA3,17,6 71.07 (5g) (c) 1. a. The department of revenue, in consultation with the office of the commissioner of insurance, shall determine the percentage under par. (b) 1. for each claimant for each taxable year. The percentage shall be equal to $5,000,000 divided by the aggregate assessment under s. 149.13, 2011 stats., except that for taxable years beginning after December 31, 2013, and before January 1, 2015, the percentage shall be equal to $1,250,000 divided by the aggregate assessment under s. 149.13, 2011 stats., and shall not exceed 100 percent. The office of the commissioner of insurance shall provide to each claimant that participates in the cost of administering the plan the aggregate assessment at the time that it notifies the claimant of the claimant's assessment. The aggregate amount of the credit under this subsection par. (b) 1. and ss. 71.28 (5g) (b) 1., 71.47 (5g) (b) 1., and 76.655 (2) (a) for all claimants participating in the cost of administering the plan under ch. 149, 2011 stats., shall not exceed $5,000,000 in each fiscal year.

AB365-SSA3,42 Section 42 . 71.07 (5g) (c) 1. b. of the statutes is created to read:

AB365-SSA3,17,17 71.07 (5g) (c) 1. b. The department of revenue, in consultation with the office of the commissioner of insurance, shall determine the percentage under par. (b) 2. for each claimant for each taxable year. The percentage shall be equal to $1,250,000 divided by the aggregate assessment under s. 656.15 and shall not exceed 100 percent. The office of the commissioner of insurance shall provide to each claimant that participates in the cost of administering the plan the aggregate assessment at the time that it notifies the claimant of the claimant's assessment. The aggregate amount of the credit under par. (b) 2. and ss. 71.28 (5g) (b) 2., 71.47 (5g) (b) 2., and 76.655 (2) (b) for all claimants participating in the cost of administering the plan under ch. 656, shall not exceed $5,000,000 in each fiscal year.

AB365-SSA3,43 Section 43 . 71.07 (5g) (c) 3. of the statutes is amended to read:

AB365-SSA3,17,23 71.07 (5g) (c) 3. The amount of any credits that a claimant is awarded under this subsection par. (b) 1. for taxable years beginning after December 31, 2005, and before January 1, 2008, may first be claimed against the tax imposed under this subchapter for taxable years beginning after December 31, 2007, and in the manner determined by the department of revenue.

AB365-SSA3,44 Section 44 . 71.07 (5g) (d) 2. of the statutes is amended to read:

AB365-SSA3,18,4 71.07 (5g) (d) 2. No credit may be claimed under this subsection par. (b) 1. for taxable years beginning after December 31, 2014. Credits under this subsection for taxable years that begin before January 1, 2015, may be carried forward to taxable years that begin after December 31, 2014.

AB365-SSA3,45 Section 45. 71.26 (1) (be) of the statutes is amended to read:

AB365-SSA3,18,9 71.26 (1) (be) Certain authorities. Income of the University of Wisconsin Hospitals and Clinics Authority, of the Health Insurance Risk-Sharing Plan Authority, of the Fox River Navigational System Authority, of the Wisconsin Economic Development Corporation, and of the Wisconsin Aerospace Authority.

AB365-SSA3,46 Section 46 . 71.28 (5g) (a) of the statutes is amended to read:

AB365-SSA3,18,13 71.28 (5g) (a) Definitions. In this subsection, “claimant" means an insurer, as defined in s. 149.10 (5), 2011 stats., or in s. 656.01 (17), who files a claim under this subsection.

AB365-SSA3,47 Section 47 . 71.28 (5g) (b) of the statutes is renumbered 71.28 (5g) (b) 1. and amended to read:

AB365-SSA3,18,21 71.28 (5g) (b) 1. Subject to the limitations provided under this subsection, for taxable years beginning after December 31, 2005, and before January 1, 2015, a claimant may claim as a credit against the taxes imposed under s. 71.23 an amount that is equal to the amount of assessment under s. 149.13, 2011 stats., that the claimant paid in the claimant's taxable year, multiplied by the percentage determined under par. (c) 1. a.

AB365-SSA3,48 Section 48 . 71.28 (5g) (b) 2. of the statutes is created to read:

AB365-SSA3,19,2 71.28 (5g) (b) 2. Subject to the limitations provided under this subsection, for taxable years beginning after December 31, 2018, a claimant may claim as a credit against the taxes imposed under s. 71.23 an amount that is equal to the amount of the assessment under s. 656.15 that the claimant paid in the claimant's taxable year, multiplied by the percentage determined under par. (c) 1. b.

AB365-SSA3,49 Section 49 . 71.28 (5g) (c) 1. of the statutes is renumbered 71.28 (5g) (c) 1. a. and amended to read:

AB365-SSA3,19,17 71.28 (5g) (c) 1. a. The department of revenue, in consultation with the office of the commissioner of insurance, shall determine the percentage under par. (b) 1. for each claimant for each taxable year. The percentage shall be equal to $5,000,000 divided by the aggregate assessment under s. 149.13, 2011 stats., except that for taxable years beginning after December 31, 2013, and before January 1, 2015, the percentage shall be equal to $1,250,000 divided by the aggregate assessment under s. 149.13, 2011 stats., and shall not exceed 100 percent. The office of the commissioner of insurance shall provide to each claimant that participates in the cost of administering the plan the aggregate assessment at the time that it notifies the claimant of the claimant's assessment. The aggregate amount of the credit under this subsection par. (b) 1. and ss. 71.07 (5g) (b) 1., 71.47 (5g) (b) 1., and 76.655 (2) (a) for all claimants participating in the cost of administering the plan under ch. 149, 2011 stats., shall not exceed $5,000,000 in each fiscal year.

AB365-SSA3,50 Section 50 . 71.28 (5g) (c) 1. b. of the statutes is created to read:

AB365-SSA3,20,3 71.28 (5g) (c) 1. b. The department of revenue, in consultation with the office of the commissioner of insurance, shall determine the percentage under par. (b) 2. for each claimant for each taxable year. The percentage shall be equal to $1,250,000 divided by the aggregate assessment under s. 656.15 and shall not exceed 100 percent. The office of the commissioner of insurance shall provide to each claimant that participates in the cost of administering the plan the aggregate assessment at the time that it notifies the claimant of the claimant's assessment. The aggregate amount of the credit under par. (b) 2. and ss. 71.07 (5g) (b) 2., 71.47 (5g) (b) 2., and 76.655 (2) (b) for all claimants participating in the cost of administering the plan under ch. 656, shall not exceed $5,000,000 in each fiscal year.

AB365-SSA3,51 Section 51 . 71.28 (5g) (c) 3. of the statutes is amended to read:

AB365-SSA3,20,9 71.28 (5g) (c) 3. The amount of any credits that a claimant is awarded under this subsection par. (b) 1. for taxable years beginning after December 31, 2005, and before January 1, 2008, may first be claimed against the tax imposed under this subchapter for taxable years beginning after December 31, 2007, and in the manner determined by the department of revenue.

AB365-SSA3,52 Section 52 . 71.28 (5g) (d) 2. of the statutes is amended to read:

AB365-SSA3,20,14 71.28 (5g) (d) 2. No credit may be claimed under this subsection par. (b) 1. for taxable years beginning after December 31, 2014. Credits under this subsection for taxable years that begin before January 1, 2015, may be carried forward to taxable years that begin after December 31, 2014.

AB365-SSA3,53 Section 53 . 71.47 (5g) (a) of the statutes is amended to read:

AB365-SSA3,20,18 71.47 (5g) (a) Definitions. In this subsection, “claimant" means an insurer, as defined in s. 149.10 (5), 2011 stats., or s. 656.01 (17), who files a claim under this subsection.

AB365-SSA3,54 Section 54 . 71.47 (5g) (b) of the statutes is renumbered 71.47 (5g) (b) 1. and amended to read:

AB365-SSA3,21,2 71.47 (5g) (b) 1. Subject to the limitations provided under this subsection, for taxable years beginning after December 31, 2005, and before January 1, 2015, a claimant may claim as a credit against the taxes imposed under s. 71.43 an amount that is equal to the amount of assessment under s. 149.13, 2011 stats., that the claimant paid in the claimant's taxable year, multiplied by the percentage determined under par. (c) 1. a.

AB365-SSA3,55 Section 55 . 71.47 (5g) (b) 2. of the statutes is created to read:

AB365-SSA3,21,8 71.47 (5g) (b) 2. Subject to the limitations provided under this subsection, for taxable years beginning after December 31, 2018, a claimant may claim as a credit against the taxes imposed under s. 71.43 an amount that is equal to the amount of the assessment under s. 656.15 that the claimant paid in the claimant's taxable year, multiplied by the percentage determined under par. (c) 1. b.

AB365-SSA3,56 Section 56 . 71.47 (5g) (c) 1. of the statutes is renumbered 71.47 (5g) (c) 1. a. and amended to read:

AB365-SSA3,21,23 71.47 (5g) (c) 1. a. The department of revenue, in consultation with the office of the commissioner of insurance, shall determine the percentage under par. (b) 1. for each claimant for each taxable year. The percentage shall be equal to $5,000,000 divided by the aggregate assessment under s. 149.13, 2011 stats., except that for taxable years beginning after December 31, 2013, and before January 1, 2015, the percentage shall be equal to $1,250,000 divided by the aggregate assessment under s. 149.13, 2011 stats., and shall not exceed 100 percent. The office of the commissioner of insurance shall provide to each claimant that participates in the cost of administering the plan the aggregate assessment at the time that it notifies the claimant of the claimant's assessment. The aggregate amount of the credit under this subsection par. (b) 1. and ss. 71.07 (5g) (b) 1., 71.28 (5g) (b) 1., and 76.655 (2) (a) for all claimants participating in the cost of administering the plan under ch. 149, 2011 stats., shall not exceed $5,000,000 in each fiscal year.

AB365-SSA3,57 Section 57 . 71.47 (5g) (c) 1. b. of the statutes is created to read:

AB365-SSA3,22,10 71.47 (5g) (c) 1. b. The department of revenue, in consultation with the office of the commissioner of insurance, shall determine the percentage under par. (b) 2. for each claimant for each taxable year. The percentage shall be equal to $1,250,000 divided by the aggregate assessment under s. 656.15 and shall not exceed 100 percent. The office of the commissioner of insurance shall provide to each claimant that participates in the cost of administering the plan the aggregate assessment at the time that it notifies the claimant of the claimant's assessment. The aggregate amount of the credit under par. (b) 2. and ss. 71.07 (5g) (b) 2., 71.28 (5g) (b) 2., and 76.655 (2) (b) for all claimants participating in the cost of administering the plan under ch. 656, shall not exceed $5,000,000 in each fiscal year.

AB365-SSA3,58 Section 58 . 71.47 (5g) (c) 3. of the statutes is amended to read:

AB365-SSA3,22,16 71.47 (5g) (c) 3. The amount of any credits that a claimant is awarded under this subsection par. (b) 1. for taxable years beginning after December 31, 2005, and before January 1, 2008, may first be claimed against the tax imposed under this subchapter for taxable years beginning after December 31, 2007, and in the manner determined by the department of revenue.

AB365-SSA3,59 Section 59 . 71.47 (5g) (d) 2. of the statutes is amended to read: