The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:
SECTION 1. 20.255 (2) (fz) of the statutes is created to read:
20.255 (2) (fz) Grants for science, technology, engineering, and mathematics programs. The amounts in the schedule for grants to school districts for science, technology, engineering, and mathematics programs under s. 115.28 (46).
****NOTE: This SECTION involves a change in an appropriation that must be reflected in the revised schedule in s. 20.005, stats.
SECTION 2. 115.28 (46) of the statutes is created to read:
115.28 (46) GRANTS FOR SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS PROGRAMS. From the appropriation under s. 20.255 (2) (fz), award grants to school districts to develop innovative instructional programs in science, technology, engineering and mathematics; support pupils who are typically under-represented in these subjects; and increase the academic achievement of pupils in those subjects.
(End)
LRB-1290LRB-1290/1
TKK:jld/lmk/kjf:jf
2007 - 2008 LEGISLATURE
DOA:......Fath, BB0271 - Exempt school safety expenditures from school revenue limits
For 2007-09 Budget -- Not Ready For Introduction
2007 BILL
AN ACT ...; relating to: the budget.
Analysis by the Legislative Reference Bureau
education
Primary and secondary education
Current law generally limits the increase in the total amount of revenue per pupil that a school district may receive from general school aids and property taxes in a school year to the amount of revenue increase allowed per pupil in the previous school year increased by the percentage change in the consumer price index. Several exceptions are provided. For example, if a school district increases the services that it provides by adding responsibility for providing a service transferred to it from another governmental unit, its revenue limit is increased by the cost of that service.
This bill provides that, beginning in the 2008-09 school year, a school district may exceed its revenue limit in any school year by $25,000 for up to 500 pupils enrolled in the district in grades 9 to 12 and by an additional $25,000 for each additional 500 pupils enrolled in the district in grades 9 to 12. A school district must work in partnership with a local law enforcement agency to develop a school safety plan and must submit the plan to DPI.
The excess revenue may be used to pay up to $25,000 of the compensation costs of providing one security officer for the first one to 500 pupils enrolled in the 9th through 12th grades, and up to $25,000 of the compensation costs of providing one additional security officer for every additional 500 9th through 12th grade pupils. In order to use the excess revenue for this purpose, the school district must enter into a cost-sharing agreement with the local law enforcement agency under which the school district and the local law enforcement agency each agree to contribute 50 percent of the costs for each security officer.
Alternatively or in addition, a school district may use the excess revenue to purchase safety equipment. DPI must specify the safety equipment eligible for the revenue limit adjustment by rule.
For further information see the state and local fiscal estimate, which will be printed as an appendix to this bill.
The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:
SECTION 1. 121.91 (4) (L) of the statutes is created to read:
121.91 (4) (L) 1. In this paragraph, "local law enforcement agency" means a governmental unit of one or more persons employed full time by a city, town, village or county in the state for the purpose of preventing and detecting crime and enforcing state laws or local ordinances, employees of which unit are authorized to make arrests for crimes while acting within the scope of their authority.
2. The limit otherwise applicable to a school district under sub. (2m) in any school year is increased by $25,000 for the first one to 500 pupils enrolled in the district in grades 9 to 12 and by an additional $25,000 for each additional 500 pupils enrolled in the district in grades 9 to 12, if the school board and a local law enforcement agency jointly develop a school safety plan that covers each school in the school district that operates grades 9 to 12 and the school board submits the school safety plan to the state superintendent no later than November 1 of the first school year in which the revenue limit is increased under this paragraph.
3. A school district may use the excess revenue allowed under subd. 2. to do any of the following:
a. Cover up to $25,000 of the compensation costs associated with providing in the school district one security officer for the first one to 500 pupils enrolled in the district in grades 9 to 12, and up to $25,000 of the compensation costs for providing in the school district one additional security officer for each additional 500 pupils enrolled in the district in grades 9 to 12. The school board shall enter into an agreement with the local law enforcement agency described in subd. 2. that requires the school district and the local law enforcement agency to equally share the costs of compensating the security officers.
b. Purchase safety equipment specified by the state superintendent by rule as eligible for the revenue limit adjustment under subd. 2.
SECTION 9337. Initial applicability; Public Instruction.
(1) SCHOOL SAFETY MEASURES; REVENUE LIMIT ADJUSTMENT. The treatment of section 121.91 (4) (L) of the statutes first applies to the calculation of a school district's revenue limit for the 2008-09 school year.
(End)
LRB-1301LRB-1301/5
MES:wlj:nwn
2007 - 2008 LEGISLATURE
DOA:......Easton, BB0254 - Individual income tax deduction for those who claim the federal household and dependent care tax credit
For 2007-09 Budget -- Not Ready For Introduction
2007 BILL
AN ACT ...; relating to: creating an individual income tax deduction for expenses related to child and dependent care.
Analysis by the Legislative Reference Bureau
Taxation
Income taxation
Under current federal law there is an individual income tax credit for a portion of qualifying child or dependent care expenses that are paid for the purpose of enabling a taxpayer to be gainfully employed. An eligible claimant must maintain a household for a "qualifying individual," which is defined as a dependent under the age of 13, a disabled spouse, or another disabled individual who is a dependent of the taxpayer. The calculation of the amount that may be claimed under the federal credit is based on the amount of allowable employment-related expenses incurred by the claimant. The maximum allowable amount of employment-related expenses under federal law is $3,000 if the claimant has one qualifying individual and $6,000 if the claimant has more than one qualifying individual.
In calculating Wisconsin adjusted gross income (AGI), this bill authorizes an individual who claims the federal credit to subtract from federal AGI a certain portion of the allowable amount of employment-related expenses claimed by the individual in calculating his or her federal tax credit. The amount that may be subtracted is phased in over four years. For taxable year 2008, a claimant may subtract from federal AGI up to $750 for one qualified individual and up to $1,500 for more than one qualified individual. For taxable year 2009, the amounts that may be subtracted are up to $1,500 and up to $3,000; for taxable year 2010, the amounts that may be subtracted are up to $2,250 and up to $4,500; and for taxable years 2011 and thereafter, the amounts that may be subtracted are up to $3,000 and up to $6,000. For nonresidents and part-year residents of this state, the amount of the subtraction is then prorated based on the ratio of the claimant's Wisconsin earned income to total earned income.
Because this bill relates to an exemption from state or local taxes, it may be referred to the Joint Survey Committee on Tax Exemptions for a report to be printed as an appendix to the bill.
For further information see the state fiscal estimate, which will be printed as an appendix to this bill.
The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:
SECTION 1. 71.05 (6) (b) 43. of the statutes is created to read:
71.05 (6) (b) 43. Subject to subd. 43. e. and f., one of the following allowable amounts, specified in subd. 43. a. to d., of employment-related expenses claimed by the claimant under section 21 of the Internal Revenue Code in the taxable year to which that claim relates:
a. For taxable years beginning after December 31, 2007, and before January 1, 2009, up to $750 if the claimant has one qualified individual and up to $1,500 if the claimant has more than one qualified individual.
b. For taxable years beginning after December 31, 2008, and before January 1, 2010, up to $1,500 if the claimant has one qualified individual and up to $3,000 if the claimant has more than one qualified individual.
c. For taxable years beginning after December 31, 2009, and before January 1, 2011, up to $2,250 if the claimant has one qualified individual and up to $4,500 if the claimant has more than one qualified individual.
d. For taxable years beginning after December 31, 2010, up to $3,000 if the claimant has one qualified individual and up to $6,000 if the claimant has more than one qualified individual.
e. A claimant who claims the subtraction under this subdivision is subject to the special rules in 26 USC 21 (e) (2) and (4).
f. An individual who is a nonresident or part-year resident of this state and who claims the subtraction under this subdivision shall multiply the amount calculated under subd. 43. a., b., c., or d. by a fraction the numerator of which is the individual's wages, salary, tips, unearned income, and net earnings from a trade or business that are taxable by this state and the denominator of which is the individual's total wages, salary, tips, unearned income, and net earnings from a trade or business. In this subd. 43. f., for married persons filing separately "wages, salary, tips, unearned income, and net earnings from a trade or business" means the separate wages, salary, tips, unearned income, and net earnings from a trade or business of each spouse, and for married persons filing jointly "wages, salary, tips, unearned income, and net earnings from a trade or business" means the total wages, salary, tips, unearned income, and net earnings from a trade or business of both spouses.
(End)
LRB-1302LRB-1302/1
MES:jld:nwn
2007 - 2008 LEGISLATURE
DOA:......Easton, BB0256 - Index for inflation the household income component of the homestead tax credit
For 2007-09 Budget -- Not Ready For Introduction
2007 BILL
AN ACT ...; relating to: indexing for inflation household income under the homestead tax credit.
Analysis by the Legislative Reference Bureau
Taxation
Income taxation
Under current law, for claims filed in 2001 and thereafter, the homestead tax credit threshold income is $8,000, the maximum property taxes, or rent constituting property taxes, that a claimant may use in calculating his or her credit are $1,450, and the maximum household income is $24,500. Under the current law formula, as a claimant's income exceeds $8,000, the credit is phased out until the credit equals zero when income exceeds $24,500. Also under the formula, if the household income is $8,000 or less, the credit is 80 percent of the property taxes accrued or rent constituting property taxes accrued. Using the formula, the credit that may be claimed ranges from $10 to $1,160.
Under this bill, for claims filed in 2009 and thereafter, the maximum household income is indexed for inflation. Also under the bill, as a claimant's income exceeds the threshold income amount, the credit is phased out until the credit equals zero when income exceeds the maximum income as adjusted for inflation.
For further information see the state fiscal estimate, which will be printed as an appendix to this bill.
The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:
SECTION 1. 71.54 (2m) of the statutes is created to read:
71.54 (2m) INDEXING FOR INFLATION; 2008 AND THEREAFTER. (a) For taxable years beginning after December 31, 2007, the dollar amount for the maximum household income under sub. (1) (f) 3. shall be increased each year by a percentage equal to the percentage change between the U.S. consumer price index for all urban consumers, U.S. city average, for the month of August of the previous year and the U.S. consumer price index for all urban consumers, U.S. city average, for the month of August 2006, as determined by the federal department of labor. The amount that is revised under this paragraph shall be rounded to the nearest multiple of $10 if the revised amount is not a multiple of $10 or, if the revised amount is a multiple of $5, such an amount shall be increased to the next higher multiple of $10. The department of revenue shall annually adjust the changes in dollar amounts required under this paragraph and incorporate the changes into the income tax forms and instructions.
(b) The department of revenue shall annually adjust the slope under sub. (1) (f) 2. such that as a claimant's income increases from the threshold income under sub. (1) (f) 1. and 2., to an amount that exceeds the maximum household income as calculated under par. (a), the credit that may be claimed is reduced to $0 and the department of revenue shall incorporate the changes into the income tax forms and instructions.
(End)
LRB-1303LRB-1303/5
MES:wlj:jf
2007 - 2008 LEGISLATURE
DOA:......Easton, BB0270 - Increase and expand the individual income tax college tuition deduction; prevent double benefit from college tuition deduction and EdVest deduction
For 2007-09 Budget -- Not Ready For Introduction
2007 BILL
AN ACT ...; relating to: increasing and expanding the college tuition individual income tax deduction and coordinating the individual income tax treatments of the tuition expenses deduction and the EdVest deduction.
Analysis by the Legislative Reference Bureau
taxation
Income taxation
Current law provides a subtraction from federal adjusted gross income for a certain amount paid by a claimant for tuition to attend a university, college, technical college, or other school that is approved by the Educational Approval Board and that is located in this state or that is subject to the Minnesota-Wisconsin reciprocity agreement. The amount of the subtraction may not exceed twice the average amount charged by the Board of Regents of the University of Wisconsin System at four-year institutions for resident undergraduate tuition for the most recent fall semester. Currently, the maximum allowable subtraction is $4,536 and is phased out at certain income levels.
Also under current law, nonresidents and part-year residents of this state may claim a prorated amount of the subtraction based on the ratio of the individual's wages, income, and net earnings from a trade or business that are taxable by this state to the individual's total wages, income, and net earnings from a trade or business. The subtraction is further limited to the total wages, income, and net earnings from a trade or business taxable by this state.
This bill increases the amount of the allowable subtraction to $6,000 and expands the subtraction to include mandatory fees paid to an eligible institution.
Under current law, an individual may not claim an income tax deduction for college tuition expenses if the source of the payment is an amount withdrawn from either a college tuition and expenses program or a college savings account (commonly known as EdVest I and EdVest II) and if the claimant has already claimed a deduction that relates to a contribution to an EdVest I or II account.
Under this bill, an individual may not claim an income tax deduction for college tuition expenses if the source of the payment is an amount withdrawn from either an EdVest I or II account and if the owner of the account has already claimed a deduction that relates to a contribution to an EdVest I or II account.
Because this bill relates to an exemption from state or local taxes, it may be referred to the Joint Survey Committee on Tax Exemptions for a report to be printed as an appendix to the bill.
For further information see the state fiscal estimate, which will be printed as an appendix to this bill.
The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:
SECTION 1. 71.05 (6) (b) 28. (intro.) of the statutes is amended to read:
71.05 (6) (b) 28. (intro.) An amount paid by a claimant for tuition expenses and mandatory student fees for a student who is the claimant or who is the claimant's child and the claimant's dependent who is claimed under section 151 (c) of the Internal Revenue Code, to attend any university, college, technical college or a school approved under s. 38.50, that is located in Wisconsin or to attend a public vocational school or public institution of higher education in Minnesota under the Minnesota-Wisconsin reciprocity agreement under s. 39.47, calculated as follows:
SECTION 2. 71.05 (6) (b) 28. a. of the statutes is amended to read:
71.05 (6) (b) 28. a. An amount equal to one of the following per student for each year to which the claim relates: for taxable years beginning before January 1, 2007, not more than twice the average amount charged by the board of regents of the University of Wisconsin System at 4-year institutions for resident undergraduate academic fees for the most recent fall semester, as determined by the board of regents by September 1 of that semester, per student for each year to which the claim relates; for taxable years beginning after December 31, 2006, $6,000.
SECTION 3. 71.05 (6) (b) 28. h. of the statutes is amended to read:
71.05 (6) (b) 28. h. No modification may be claimed under this subdivision for an amount paid for tuition expenses and mandatory student fees, as described under this subdivision, if the source of the payment is an amount withdrawn from a college savings account, as described in s. 14.64 or from a college tuition and expenses program, as described in s. 14.63, and if the claimant owner of the account has claimed a deduction under subd. 32. or 33. that relates to such an amount.
****NOTE: This is reconciled s. 71.05 (6) (b) 28. h. This SECTION has been affected by drafts with the following LRB numbers: 1303 and 0840.
