AB64-ASA1,1050r 16Section 1050r. 71.07 (9m) (a) 3. of the statutes is amended to read:
AB64-ASA1,626,517 71.07 (9m) (a) 3. For taxable years beginning after December 31, 2013, any
18person may claim as a credit against taxes otherwise due under s. 71.02 or 71.08, up
19to the amount of those taxes, an amount equal to 20 percent of the costs of qualified
20rehabilitation expenditures, as defined in section 47 (c) (2) of the Internal Revenue
21Code, for qualified rehabilitated buildings, as defined in section 47 (c) (1) of the
22Internal Revenue Code, on property located in this state, if the cost of the person's
23qualified rehabilitation expenditures is at least $50,000 and the rehabilitated
24property is placed in service after December 31, 2013, and regardless of whether the
25rehabilitated property is used for multiple or revenue-producing purposes. No

1credit may be claimed under this subdivision for property listed as a contributing
2building in the state register of historic places or in the national register of historic
3places and no credit may be claimed under this subdivision for nonhistoric,
4nonresidential property converted into housing if the property has been previously
5used for housing.
AB64-ASA1,1050u 6Section 1050u. 71.07 (9m) (h) of the statutes is amended to read:
AB64-ASA1,626,127 71.07 (9m) (h) Any person, including a nonprofit entity described in section 501
8(c) (3) of the Internal Revenue Code, may sell or otherwise transfer the credit under
9par. (a) 2m. or 3., in whole or in part, to another person who is subject to the taxes
10imposed under s. 71.02, 71.08, 71.23, or 71.43, if the person notifies the department
11of the transfer, and submits with the notification a copy of the transfer documents,
12and the department certifies ownership of the credit with each transfer.
AB64-ASA1,1051 13Section 1051 . 71.07 (9m) (i) of the statutes is created to read:
AB64-ASA1,626,1814 71.07 (9m) (i) If a person who claims a credit under this subsection and a credit
15under section 47 of the Internal Revenue Code for the same qualified rehabilitation
16expenditures is required to repay any amount of the credit claimed under section 47
17of the Internal Revenue Code, the person shall repay to the department a
18proportionate amount of the credit claimed under this subsection.
AB64-ASA1,1051g 19Section 1051g. 71.07 (9r) (a) of the statutes is amended to read:
AB64-ASA1,627,520 71.07 (9r) (a) For taxable years beginning on or after August 1, 1988, any
21natural person may credit against taxes otherwise due under s. 71.02 or 71.08 an
22amount equal to 25 percent of the costs of preservation or rehabilitation of historic
23property located in this state, including architectural fees and costs incurred in
24preparing nomination forms for listing in the national register of historic places in
25Wisconsin or the state register of historic places, if the nomination is made within

15 years prior to submission of a preservation or rehabilitation plan under par. (b) 3.
2b., and if the physical work of construction or destruction in preparation for
3construction begins after December 31, 1988, except that the credit may not exceed
4$10,000, or $5,000 for married persons filing separately, for any preservation or
5rehabilitation project.
AB64-ASA1,1052e 6Section 1052e. 71.08 (5) of the statutes is created to read:
AB64-ASA1,627,87 71.08 (5) Sunset. This section does not apply to taxable years beginning after
8December 31, 2016.
AB64-ASA1,1052k 9Section 1052k. 71.09 (1) (b) of the statutes is amended to read:
AB64-ASA1,627,1610 71.09 (1) (b) “Tax shown on the return" and “tax for the taxable year" mean the
11net tax imposed under s. 71.02 after reduction for exemptions to, and credits against,
12that tax but before reduction by amounts withheld under subch. X and before
13reduction for amounts paid as estimated tax under this section for that tax plus the
14tax imposed under s. 71.08 before reduction for amounts paid as estimated tax under
15this section for that tax
plus the surcharge imposed under s. 77.93 before reduction
16for amounts paid as estimated tax under this section for that surcharge.
AB64-ASA1,1052L 17Section 1052L. 71.09 (2) of the statutes is amended to read:
AB64-ASA1,628,618 71.09 (2) Who shall pay. Every individual, estate and trust deriving income
19subject to taxation under this chapter, other than wages as defined in s. 71.63 (6)
20upon which taxes are withheld by the individual's employer under subch. X, shall pay
21estimated income tax, and the surcharge under s. 77.93 and alternative minimum
22tax
. This section does not apply to any person on active duty with the U.S. armed
23forces while stationed outside the continental United States. This section does not
24apply to any taxable year ending before the date 2 years after the date of a decedent's
25death with respect to the estate of such decedent or any trust all of which is treated

1under subpart E of part I of subchapter J of chapter 1 of the internal revenue code
2as owned by the decedent and to which the residue of the decedent's estate will pass
3under his or her will. This section does not apply to any trust that is subject to tax
4under this chapter on unrelated business taxable income as defined under section
5512 of the internal revenue code. Those trusts are subject to estimated tax payments
6under s. 71.29.
AB64-ASA1,1052p 7Section 1052p. 71.09 (11) (b) of the statutes is amended to read:
AB64-ASA1,628,108 71.09 (11) (b) The preceding taxable year was 12 months, the taxpayer had no
9liability under s. 71.02 or 71.08 for that year and the taxpayer was a resident of this
10state for all of that year.
AB64-ASA1,1052u 11Section 1052u. 71.10 (4) (f) of the statutes is amended to read:
AB64-ASA1,628,1412 71.10 (4) (f) Alternative For taxable years beginning before January 1, 2017,
13alternative
minimum tax under s. 71.08, including any surtax on alternative
14minimum tax.
AB64-ASA1,1052w 15Section 1052w. 71.10 (4) (fr) of the statutes is amended to read:
AB64-ASA1,628,1716 71.10 (4) (fr) Research credit under s. 71.07 (4k) , except as provided under par.
17(i)
.
AB64-ASA1,1052y 18Section 1052y. 71.10 (4) (i) of the statutes is amended to read:
AB64-ASA1,629,719 71.10 (4) (i) The total of claim of right credit under s. 71.07 (1), farmland
20preservation credit under ss. 71.57 to 71.61, farmland preservation credit, 2010 and
21beyond under s. 71.613, homestead credit under subch. VIII, farmland tax relief
22credit under s. 71.07 (3m), dairy manufacturing facility investment credit under s.
2371.07 (3p), jobs tax credit under s. 71.07 (3q), meat processing facility investment
24credit under s. 71.07 (3r), woody biomass harvesting and processing credit under s.
2571.07 (3rm), food processing plant and food warehouse investment credit under s.

171.07 (3rn), business development credit under s. 71.07 (3y), research credit under
2s. 71.07 (4k) (e) 2. a.,
film production services credit under s. 71.07 (5f), film
3production company investment credit under s. 71.07 (5h), veterans and surviving
4spouses property tax credit under s. 71.07 (6e), enterprise zone jobs credit under s.
571.07 (3w), beginning farmer and farm asset owner tax credit under s. 71.07 (8r),
6earned income tax credit under s. 71.07 (9e), estimated tax payments under s. 71.09,
7and taxes withheld under subch. X.
AB64-ASA1,1057d 8Section 1057d. 71.22 (1e) of the statutes is created to read:
AB64-ASA1,629,139 71.22 (1e) “Broadcaster" means a television or radio station licensed by the
10federal communications commission, a television or radio broadcast network, a cable
11television network, or a television distribution company. “Broadcaster" does not
12include a cable service provider, a direct broadcast satellite system, or an Internet
13content distributor.
AB64-ASA1,1058 14Section 1058 . 71.22 (4) (b) of the statutes is repealed.
AB64-ASA1,1059 15Section 1059 . 71.22 (4) (j) 1. of the statutes is amended to read:
AB64-ASA1,629,2016 71.22 (4) (j) 1. For taxable years beginning after December 31, 2013, and before
17January 1, 2017,
“Internal Revenue Code" means the federal Internal Revenue Code
18as amended to December 31, 2013, except as provided in subds. 2. and 3. and subject
19to subd. 4., and except as provided in sub. (4m) and ss. 71.26 (2) (b) and (3), 71.34 (1g),
20and 71.42 (2).
AB64-ASA1,1060 21Section 1060 . 71.22 (4) (j) 3. i. of the statutes is created to read:
AB64-ASA1,629,2222 71.22 (4) (j) 3. i. Section 2004 of P.L. 114-41.
AB64-ASA1,1061 23Section 1061 . 71.22 (4) (j) 3. j. of the statutes is created to read:
AB64-ASA1,629,2424 71.22 (4) (j) 3. j. Sections 503 and 504 of P.L. 114-74.
AB64-ASA1,1062 25Section 1062 . 71.22 (4) (j) 3. k. of the statutes is created to read:
AB64-ASA1,630,2
171.22 (4) (j) 3. k. Sections 103, 104, 124, 168, 184, 185, 190, 204, 303, 306, 336,
2and 341 of division Q of P.L. 114-113.
AB64-ASA1,1063 3Section 1063 . 71.22 (4) (j) 3. L. of the statutes is created to read:
AB64-ASA1,630,44 71.22 (4) (j) 3. L. P.L. 114-239.
AB64-ASA1,1064 5Section 1064 . 71.22 (4) (k) of the statutes is created to read:
AB64-ASA1,630,96 71.22 (4) (k) 1. For taxable years beginning after December 31, 2016, “Internal
7Revenue Code" means the federal Internal Revenue Code as amended to December
831, 2016, except as provided in subds. 2. and 3. and subject to subd. 4., and except
9as provided in sub. (4m) and ss. 71.26 (2) (b) and (3), 71.34 (1g), 71.42 (2), and 71.98.
AB64-ASA1,630,2410 2. For purposes of this paragraph, “Internal Revenue Code" does not include
11the following provisions of federal public laws for taxable years beginning after
12December 31, 2016: section 13113 of P.L 103-66; sections 1, 3, 4, and 5 of P.L.
13106-519; sections 101, 102, and 422 of P.L 108-357; sections 1310 and 1351 of P.L.
14109-58; section 11146 of P.L. 109-59; section 403 (q) of P.L. 109-135; section 513 of
15P.L. 109-222; sections 104 and 307 of P.L. 109-432; sections 8233 and 8235 of P.L.
16110-28; section 11 (e) and (g) of P.L. 110-172; section 301 of P.L. 110-245; section
1715351 of P.L. 110-246; section 302 of division A, section 401 of division B, and sections
18312, 322, 502 (c), 707, and 801 of division C of P.L. 110-343; sections 1232, 1241, 1251,
191501, and 1502 of division B of P.L. 111-5; sections 211, 212, 213, 214, and 216 of P.L.
20111-226; sections 2011 and 2122 of P.L. 111-240; sections 753, 754, and 760 of P.L.
21111-312; section 1106 of P.L. 112-95; sections 104, 318, 322, 323, 324, 326, 327, and
22411 of P.L. 112-240; P.L. 114-7; section 1101 of P.L. 114-74; section 305 of division
23P of P.L. 114-113; and sections 112, 123, 125 to 128, 143, 144, 151 to 153, 165 to 167,
24169 to 171, 189, 191, 307, 326, and 411 of division Q of P.L. 114-113.
AB64-ASA1,631,2
13. For purposes of this paragraph, “Internal Revenue Code" does not include
2amendments to the federal Internal Revenue Code enacted after December 31, 2016.
AB64-ASA1,631,93 4. For purposes of this paragraph, the provisions of federal public laws that
4directly or indirectly affect the Internal Revenue Code, as defined in this paragraph,
5apply for Wisconsin purposes at the same time as for federal purposes, except that
6changes made by section 4007 (b) of P.L. 114-41, section 1102 of P.L. 114-74, sections
7105, 111, 113 to 115, 133, 301, 302, 304, 305, 308, 311, 313 to 323, 325, 331, and 343
8to 345 of division Q of P.L. 114-113 first apply for taxable years beginning after
9December 31, 2016.
AB64-ASA1,1065 10Section 1065 . 71.22 (4m) (b) of the statutes is repealed.
AB64-ASA1,1066 11Section 1066 . 71.22 (4m) (j) 1. of the statutes is amended to read:
AB64-ASA1,631,1612 71.22 (4m) (j) 1. For taxable years beginning after December 31, 2013, and
13before January 1, 2017,
“Internal Revenue Code", for corporations that are subject
14to a tax on unrelated business income under s. 71.26 (1) (a), means the federal
15Internal Revenue Code as amended to December 31, 2013, except as provided in
16subds. 2. and 3. and subject to subd. 4.
AB64-ASA1,1067 17Section 1067 . 71.22 (4m) (j) 3. i. of the statutes is created to read:
AB64-ASA1,631,1818 71.22 (4m) (j) 3. i. Section 2004 of P.L. 114-41.
AB64-ASA1,1068 19Section 1068 . 71.22 (4m) (j) 3. j. of the statutes is created to read:
AB64-ASA1,631,2020 71.22 (4m) (j) 3. j. Sections 503 and 504 of P.L. 114-74.
AB64-ASA1,1069 21Section 1069 . 71.22 (4m) (j) 3. k. of the statutes is created to read:
AB64-ASA1,631,2322 71.22 (4m) (j) 3. k. Sections 103, 104, 124, 168, 184, 185, 190, 204, 303, 306, 336,
23and 341 of division Q of P.L. 114-113.
AB64-ASA1,1070 24Section 1070 . 71.22 (4m) (j) 3. L. of the statutes is created to read:
AB64-ASA1,631,2525 71.22 (4m) (j) 3. L. P.L. 114-239.
AB64-ASA1,1071
1Section 1071. 71.22 (4m) (k) of the statutes is created to read:
AB64-ASA1,632,62 71.22 (4m) (k) 1. For taxable years beginning after December 31, 2016,
3“Internal Revenue Code", for corporations that are subject to a tax on unrelated
4business income under s. 71.26 (1) (a), means the federal Internal Revenue Code as
5amended to December 31, 2016, except as provided in subds. 2. and 3. and s. 71.98
6and subject to subd. 4.
AB64-ASA1,632,217 2. For purposes of this paragraph, “Internal Revenue Code" does not include
8the following provisions of federal public laws for taxable years beginning after
9December 31, 2016: section 13113 of P.L 103-66; sections 1, 3, 4, and 5 of P.L.
10106-519; sections 101, 102, and 422 of P.L 108-357; sections 1310 and 1351 of P.L.
11109-58; section 11146 of P.L. 109-59; section 403 (q) of P.L. 109-135; section 513 of
12P.L. 109-222; sections 104 and 307 of P.L. 109-432; sections 8233 and 8235 of P.L.
13110-28; section 11 (e) and (g) of P.L. 110-172; section 301 of P.L. 110-245; section
1415351 of P.L. 110-246; section 302 of division A, section 401 of division B, and sections
15312, 322, 502 (c), 707, and 801 of division C of P.L. 110-343; sections 1232, 1241, 1251,
161501, and 1502 of division B of P.L. 111-5; sections 211, 212, 213, 214, and 216 of P.L.
17111-226; sections 2011 and 2122 of P.L. 111-240; sections 753, 754, and 760 of P.L.
18111-312; section 1106 of P.L. 112-95; sections 104, 318, 322, 323, 324, 326, 327, and
19411 of P.L. 112-240; P.L. 114-7; section 1101 of P.L. 114-74; section 305 of division
20P of P.L. 114-113; and sections 112, 123, 125 to 128, 143, 144, 151 to 153, 165 to 167,
21169 to 171, 189, 191, 307, 326, and 411 of division Q of P.L. 114-113.
AB64-ASA1,632,2322 3. For purposes of this paragraph, “Internal Revenue Code" does not include
23amendments to the federal Internal Revenue Code enacted after December 31, 2016.
AB64-ASA1,633,524 4. For purposes of this paragraph, the provisions of federal public laws that
25directly or indirectly affect the Internal Revenue Code, as defined in this paragraph,

1apply for Wisconsin purposes at the same time as for federal purposes, except that
2changes made by section 4007 (b) of P.L. 114-41, section 1102 of P.L. 114-74, sections
3105, 111, 113 to 115, 133, 301, 302, 304, 305, 308, 311, 313 to 323, 325, 331, and 343
4to 345 of division Q of P.L. 114-113 first apply for taxable years beginning after
5December 31, 2016.
AB64-ASA1,1075 6Section 1075 . 71.25 (9) (dh) 2. b. of the statutes is amended to read:
AB64-ASA1,633,97 71.25 (9) (dh) 2. b. The service relates to tangible personal property that is
8located in this state at the time that the service is received or
tangible personal
9property that is delivered directly or indirectly to customers in this state.
AB64-ASA1,1076 10Section 1076 . 71.25 (9) (dh) 2. c. of the statutes is amended to read:
AB64-ASA1,633,1211 71.25 (9) (dh) 2. c. The service is provided to purchased by an individual who
12is physically present in this state at the time that the service is received.
AB64-ASA1,1076d 13Section 1076d. 71.25 (9) (dh) 3. of the statutes is amended to read:
AB64-ASA1,633,1714 71.25 (9) (dh) 3. If Except as provided in subd. 4. if the purchaser of a service
15receives the benefit of a service in more than one state, the gross receipts from the
16performance of the service are included in the numerator of the sales factor according
17to the portion of the service received in this state.
AB64-ASA1,1076e 18Section 1076e. 71.25 (9) (dh) 4. of the statutes is created to read:
AB64-ASA1,633,2319 71.25 (9) (dh) 4. For taxable years beginning after December 31, 2018, a
20broadcaster's gross receipts from advertising are in this state only if the advertiser's
21commercial domicile is in this state. With regard to a broadcaster who is a member
22of a combined group, as defined in s. 71.255 (1) (a), this subdivision does not apply
23to the gross receipts of the members who are not broadcasters.
AB64-ASA1,1076f 24Section 1076f. 71.25 (9) (dj) (intro.) of the statutes is renumbered 71.25 (9) (dj)
251. (intro.) and amended to read:
AB64-ASA1,634,6
171.25 (9) (dj) 1. (intro.) Except as provided in subd. 2m. and par. (df), gross
2royalties and other gross receipts received for the use or license of intangible
3property, including patents, copyrights, trademarks, trade names, service names,
4franchises, licenses, plans, specifications, blueprints, processes, techniques,
5formulas, designs, layouts, patterns, drawings, manuals, technical know-how,
6contracts, and customer lists, are sales in this state if any of the following applies:
AB64-ASA1,1076g 7Section 1076g. 71.25 (9) (dj) 1. of the statutes is renumbered 71.25 (9) (dj) 1.
8a. and amended to read:
AB64-ASA1,634,159 71.25 (9) (dj) 1. a. The purchaser or licensee uses the intangible property in the
10operation of a trade or business at a location in this state. If Except as provided in
11subd. 2m., if
the purchaser or licensee uses the intangible property in the operation
12of a trade or business in more than one state, the gross royalties and other gross
13receipts from the use of the intangible property shall be divided between those states
14having jurisdiction to impose an income tax on the taxpayer in proportion to the use
15of the intangible property in those states.
AB64-ASA1,1076h 16Section 1076h. 71.25 (9) (dj) 2. of the statutes is renumbered 71.25 (9) (dj) 1.
17b.
AB64-ASA1,1076i 18Section 1076i. 71.25 (9) (dj) 2m. of the statutes is created to read:
AB64-ASA1,635,219 71.25 (9) (dj) 2m. For taxable years beginning after December 31, 2018, a
20broadcaster's gross royalties and other gross receipts received for the use or license
21of intangible property are sales in this state only if the commercial domicile of the
22purchaser or licensee is in this state and the purchaser or licensee has a direct
23connection or relationship with the broadcaster pursuant to a contract under which
24the royalties or receipts are derived. With regard to a broadcaster who is a member

1of a combined group, as defined in s. 71.255 (1) (a), this subdivision does not apply
2to the gross royalties and receipts of the members who are not broadcasters.
AB64-ASA1,1076j 3Section 1076j. 71.25 (9) (dj) 3. of the statutes is renumbered 71.25 (9) (dj) 1.
4c.
AB64-ASA1,1076k 5Section 1076k. 71.25 (9) (g) of the statutes is created to read:
AB64-ASA1,635,96 71.25 (9) (g) 1. For taxable years beginning after December 31, 2018, the
7amount of a broadcaster's gross receipts from advertising and the use or license of
8intangible property, as determined under pars. (dh) 4. and (dj) 2m., shall be adjusted
9as follows:
AB64-ASA1,635,1110 a. Determine the amount of the numerator of the sales factor for a broadcaster
11as provided in this subsection.
AB64-ASA1,635,1412 b. Multiply .01 by the total amount of the domestic gross receipts of the
13broadcaster from advertising and royalties and other gross receipts for the use or
14license of intangible property.
AB64-ASA1,635,1715 c. Determine the numerator of the sales for a broadcaster by substituting the
16amount determined under subd. 1. b. for the total amount determined under subd.
171. a.
AB64-ASA1,635,2318 d. Except as provided in subd. 1. e., if the amount of the numerator determined
19under subd. 1. c. is more than the amount determined under subd. 1. a., substitute
20the amount of total gross receipts determined under subd. 1. b. for the total amount
21of the gross receipts determined under subd. 1. a. For purposes of this subd. 1. d.,
22the amount of the numerator for a broadcaster is the amount determined under subd.
231. c.
AB64-ASA1,636,224 e. If the amount of the numerator computed under subd. 1. c. is more than 140
25percent of the amount determined under subd. 1. a., adjust the total amount of the

1gross receipts under subd. 1. a. so that the amount of the numerator for a broadcaster
2is 140 percent of the numerator otherwise determined under subd. 1. a.
AB64-ASA1,636,33 2. The department may promulgate rules to administer this paragraph.
AB64-ASA1,1078m 4Section 1078m. 71.26 (2) (a) 4. of the statutes is amended to read:
AB64-ASA1,636,105 71.26 (2) (a) 4. Plus the amount of the credit computed under s. 71.28 (1dm),
6(1dx), (1dy), (3g), (3h), (3n), (3p), (3q), (3r), (3rm), (3rn), (3t), (3w), (3y), (5e), (5f), (5g),
7(5h), (5i), (5j), (5k), (5r), (5rm), (6n), (8r), and (9s) and not passed through by a
8partnership, limited liability company, or tax-option corporation that has added that
9amount to the partnership's, limited liability company's, or tax-option corporation's
10income under s. 71.21 (4) or 71.34 (1k) (g).
AB64-ASA1,1079 11Section 1079 . 71.26 (2) (b) 2. of the statutes is repealed.
AB64-ASA1,1080 12Section 1080 . 71.26 (2) (b) 10. a. of the statutes is amended to read:
AB64-ASA1,636,2113 71.26 (2) (b) 10. a. For taxable years beginning after December 31, 2013, and
14before January 1, 2017,
for a corporation, conduit, or common law trust which
15qualifies as a regulated investment company, real estate mortgage investment
16conduit, real estate investment trust, or financial asset securitization investment
17trust under the Internal Revenue Code, “net income" means the federal regulated
18investment company taxable income, federal real estate mortgage investment
19conduit taxable income, federal real estate investment trust or financial asset
20securitization investment trust taxable income of the corporation, conduit, or trust
21as determined under the Internal Revenue Code.
AB64-ASA1,1081 22Section 1081 . 71.26 (2) (b) 10. d. of the statutes is amended to read:
AB64-ASA1,637,523 71.26 (2) (b) 10. d. For purposes of subd. 10. a., “Internal Revenue Code" does
24not include amendments to the federal Internal Revenue Code enacted after
25December 31, 2013, except that “Internal Revenue Code" includes the provisions of

1P.L. 113-97, P.L. 113-159, P.L. 113-168, section 302901 of P.L. 113-287, sections 171,
2172, and 201 to 221 of P.L. 113-295, sections 102, 105, and 207 of division B of P.L.
3113-295, P.L. 114-14, and P.L. 114-26, section 2004 of P.L. 114-41, sections 503 and
4504 of P.L. 114-74, sections 103, 104, 124, 168, 184, 185, 190, 204, 303, 306, 336, and
5341 of division Q of P.L. 114-113, and P.L. 114-239
.
AB64-ASA1,1082 6Section 1082 . 71.26 (2) (b) 11. of the statutes is created to read:
AB64-ASA1,637,147 71.26 (2) (b) 11. a. For taxable years beginning after December 31, 2016, for a
8corporation, conduit, or common law trust which qualifies as a regulated investment
9company, real estate mortgage investment conduit, real estate investment trust, or
10financial asset securitization investment trust under the Internal Revenue Code,
11“net income" means the federal regulated investment company taxable income,
12federal real estate mortgage investment conduit taxable income, federal real estate
13investment trust or financial asset securitization investment trust taxable income
14of the corporation, conduit, or trust as determined under the Internal Revenue Code.
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