SB636,7,63 71.28 (1dd) (a) 1. "Day care center benefits" means benefits provided at a day
4care facility that is licensed under s. 48.65 or 48.69 and that for compensation
5provides care for at least 6 children or benefits provided at a facility for persons who
6are physically or mentally incapable of caring for themselves
.
SB636, s. 17 7Section 17. 71.28 (1dd) (f) of the statutes is created to read:
SB636,7,108 71.28 (1dd) (f) No credit may be allowed under this subsection unless it is
9claimed within 2 years of the unextended date under s. 71.75 on which the tax return
10was due.
SB636, s. 18 11Section 18. 71.28 (1dj) (am) 1. of the statutes is amended to read:
SB636,7,1612 71.28 (1dj) (am) 1. Modify "member of a targeted group", as defined in section
1351 (d) of the internal revenue code as amended to December 31, 1995, to include
14persons unemployed as a result of a business action subject to s. 109.07 (1m) and
15persons specified under 29 USC 1651 (a) and to require a member of a targeted group
16to be a resident of this state.
SB636, s. 19 17Section 19. 71.28 (1dj) (am) 3. of the statutes is amended to read:
SB636,7,2018 71.28 (1dj) (am) 3. Modify the rule for certification under section 51 (d) (16) (A)
19of the internal revenue code to allow certification within the 30-day 90-day period
20beginning with the first day of employment of the employe by the claimant.
SB636, s. 20 21Section 20. 71.28 (1dj) (am) 8m. of the statutes is amended to read:
SB636,8,222 71.28 (1dj) (am) 8m. For each person, whether or not he or she is a member of
23a targeted group, who is determined by the department of development to be a
24resident of the development zone in which he or she is employed, calculate a credit
25equal to 10% of the wages earned by such person during the first year 1st and 2nd

1years
of the person's employment in the development zone, up to a maximum credit
2of $600 $1,200.
SB636, s. 21 3Section 21. 71.28 (1dj) (d) of the statutes, as affected by 1995 Wisconsin Act
427
, is repealed.
SB636, s. 22 5Section 22. 71.28 (1dj) (h) of the statutes, as created by 1995 Wisconsin Act
627
, is amended to read:
SB636,8,97 71.28 (1dj) (h) For claims based on activity in a zone under s. 560.797, the The
8rules under sub. (1di) (b) and (c) as they apply to the credit under that subsection
9apply to the credit under this subsection.
SB636, s. 23 10Section 23. 71.28 (1dL) (ar) of the statutes is amended to read:
SB636,8,2111 71.28 (1dL) (ar) If the credit under par. (a) is claimed for an amount expended
12to acquire property, the property must have been acquired by the claimant after the
13place where the property is located was designated a development zone under s.
14560.71 and the completed project must be placed in service after
the claimant is
15certified for tax benefits under s. 560.765 (3) and the property must not have been
16previously owned by the claimant or a related person during the period the
17development zone is in existence or during the 2 years prior to the designation of the
18development zone under s. 560.71. No credit is allowed for an amount expended to
19acquire property until the property, either in its original state as acquired by the
20claimant or as subsequently constructed, rehabilitated, remodeled or repaired, is
21placed in service.
SB636, s. 24 22Section 24. 71.28 (1ds) (c) of the statutes, as affected by 1995 Wisconsin Act
2327
, is repealed.
SB636, s. 25 24Section 25. 71.28 (1ds) (h) of the statutes, as created by 1995 Wisconsin Act
2527
, is amended to read:
SB636,9,3
171.28 (1ds) (h) For claims based on activity in a zone under s. 560.797, the The
2rules under sub. (1di) (b) and (c) as they apply to the credit under that subsection
3apply to the credit under this subsection.
SB636, s. 26 4Section 26. 71.30 (3) (eb) of the statutes, as created by 1995 Wisconsin Act 27,
5is amended to read:
SB636,9,76 71.30 (3) (eb) Development zones jobs credit under s. 71.28 (1dj) if the credit
7is based on activity in a zone under s. 560.797
.
SB636, s. 27 8Section 27. 71.30 (3) (ec) of the statutes, as created by 1995 Wisconsin Act 27,
9is amended to read:
SB636,9,1110 71.30 (3) (ec) Development zones sales tax credit under s. 71.28 (1ds) if the
11credit is based on activity in a zone under s. 560.797
.
SB636, s. 28 12Section 28. 71.30 (3) (f) of the statutes, as affected by 1995 Wisconsin Act 27,
13is amended to read:
SB636,9,1914 71.30 (3) (f) The total of farmers' drought property tax credit under s. 71.28
15(1fd), farmland preservation credit under subch. IX, farmland tax relief credit under
16s. 71.28 (2m), the development zones sales tax credit under s. 71.28 (1ds) unless the
17credit is based on activity in a zone under s. 560.797, the development zones job credit
18under s. 71.28 (1dj) unless the credit is based on activity in a zone under s. 560.797

19and estimated tax payments under s. 71.29.
SB636, s. 29 20Section 29. 71.47 (1dd) (a) 1. of the statutes, as created by 1995 Wisconsin Act
2127
, is amended to read:
SB636,9,2522 71.47 (1dd) (a) 1. "Day care center benefits" means benefits provided at a day
23care facility that is licensed under s. 48.65 or 48.69 and that for compensation
24provides care for at least 6 children or benefits provided at a facility for persons who
25are physically incapable of caring for themselves
.
SB636, s. 30
1Section 30. 71.47 (1dd) (f) of the statutes is created to read:
SB636,10,42 71.47 (1dd) (f) No credit may be allowed under this subsection unless it is
3claimed within 2 years of the unextended date under s. 71.75 on which the tax return
4was due.
SB636, s. 31 5Section 31. 71.47 (1dj) (am) 1. of the statutes is amended to read:
SB636,10,106 71.47 (1dj) (am) 1. Modify "member of a targeted group", as defined in section
751 (d) of the internal revenue code as amended to December 31, 1995, to include
8persons unemployed as a result of a business action subject to s. 109.07 (1m) and
9persons specified under 29 USC 1651 (a) and to require a member of a targeted group
10to be a resident of this state.
SB636, s. 32 11Section 32. 71.47 (1dj) (am) 3. of the statutes is amended to read:
SB636,10,1412 71.47 (1dj) (am) 3. Modify the rule for certification under section 51 (d) (16) (A)
13of the internal revenue code to allow certification within the 30-day 90-day period
14beginning with the first day of employment of the employe by the claimant.
SB636, s. 33 15Section 33. 71.47 (1dj) (am) 8m. of the statutes is amended to read:
SB636,10,2116 71.47 (1dj) (am) 8m. For each person, whether or not he or she is a member of
17a targeted group, who is determined by the department of development to be a
18resident of the development zone in which he or she is employed, calculate a credit
19equal to 10% of the wages earned by such person during the first year 1st and 2nd
20years
of the person's employment in the development zone, up to a maximum credit
21of $600 $1,200.
SB636, s. 34 22Section 34. 71.47 (1dj) (d) of the statutes, as affected by 1995 Wisconsin Act
2327
, is repealed.
SB636, s. 35 24Section 35. 71.47 (1dj) (h) of the statutes, as created by 1995 Wisconsin Act
2527
, is amended to read:
SB636,11,3
171.47 (1dj) (h) For claims based on activity in a zone under s. 560.797, the The
2rules under sub. (1di) (b) and (c) as they apply to the credit under that subsection
3apply to the credit under this subsection.
SB636, s. 36 4Section 36. 71.47 (1dL) (ar) of the statutes is amended to read:
SB636,11,155 71.47 (1dL) (ar) If the credit under par. (a) is claimed for an amount expended
6to acquire property, the property must have been acquired by the claimant after the
7place where the property is located was designated a development zone under s.
8560.71 and the completed project must be placed in service after
the claimant is
9certified for tax benefits under s. 560.765 (3) and the property must not have been
10previously owned by the claimant or a related person during the period the
11development zone is in existence or during the 2 years prior to the designation of the
12development zone under s. 560.71. No credit is allowed for an amount expended to
13acquire property until the property, either in its original state as acquired by the
14claimant or as subsequently constructed, rehabilitated, remodeled or repaired, is
15placed in service.
SB636, s. 37 16Section 37. 71.47 (1ds) (c) of the statutes, as affected by 1995 Wisconsin Act
1727
, is repealed.
SB636, s. 38 18Section 38. 71.47 (1ds) (h) of the statutes, as created by 1995 Wisconsin Act
1927
, is amended to read:
SB636,11,2220 71.47 (1ds) (h) For claims based on activity in a zone under s. 560.797, the The
21rules under sub. (1di) (b) and (c) as they apply to the credit under that subsection
22apply to the credit under this subsection.
SB636, s. 39 23Section 39. 71.49 (1) (eb) of the statutes, as created by 1995 Wisconsin Act 27,
24is amended to read:
SB636,12,2
171.49 (1) (eb) Development zones jobs credit under s. 71.47 (1dj) if the credit
2is based on activity in a zone under s. 560.797
.
SB636, s. 40 3Section 40. 71.49 (1) (ec) of the statutes, as created by 1995 Wisconsin Act 27,
4is amended to read:
SB636,12,65 71.49 (1) (ec) Development zones sales tax credit under s. 72.47 71.47 (1ds) if
6the credit is based on activity in a zone under s. 560.797
.
SB636, s. 41 7Section 41. 71.49 (1) (f) of the statutes, as affected by 1995 Wisconsin Act 27,
8is amended to read:
SB636,12,149 71.49 (1) (f) The total of farmers' drought property tax credit under s. 71.47
10(1fd), farmland preservation credit under subch. IX, farmland tax relief credit under
11s. 71.47 (2m), development zones sales tax credit under s. 71.47 (1ds) unless the
12credit is based on activity in a zone under s. 560.797, development zones jobs credit
13under s. 71.47 (1dj) unless the credit is based on activity in a zone under s. 560.797

14and estimated tax payments under s. 71.48.
SB636, s. 42 15Section 42. 560.70 (4) of the statutes is amended to read:
SB636,12,1816 560.70 (4) "Local governing body" means the governing body of one or more
17cities, villages or, towns or counties or the elected governing body of a federally
18recognized American Indian tribe or band in this state.
SB636, s. 43 19Section 43. 560.70 (6) of the statutes is amended to read:
SB636,12,2220 560.70 (6) "Target population" means the residents of a development zone and
21persons who are members of targeted groups for the purposes of the credit under ss.
2271.07 (2dj), 71.28 (1dj) and 71.47 (1dj).
SB636, s. 44 23Section 44. 560.71 (1) (cm) of the statutes is repealed.
SB636, s. 45 24Section 45. 560.71 (1) (e) of the statutes is repealed and recreated to read:
SB636,12,2525 560.71 (1) (e) The department determines all of the following:
SB636,13,2
11. That designation of the area as a development zone will serve a public
2purpose.
SB636,13,43 2. That designation of the area as a development zone will likely retain or
4increase employment in the area.
SB636,13,65 3. That economic development in the area is not likely to occur or continue
6without the department's designation of the area as a development zone.
SB636,13,77 4. That the area meets at least 3 of the following criteria:
SB636,13,108 a. The unemployment rate in the area is higher than the state average for the
918 months immediately preceding the date on which the application under s. 560.72
10(2) or (3) was submitted to the department.
SB636,13,1311 b. The percentage of persons residing in the area who are members of
12households with household income levels at or below 80% of the statewide median
13household income is higher than the state average.
SB636,13,1614 c. The percentage of households in the area receiving unemployment
15compensation under ch. 108, relief funded by a relief block grant under ch. 49 or aid
16to families with dependent children under s. 49.19 is higher than the state average.
SB636,13,2017 d. In the 36 months immediately preceding the date on which the application
18under s. 560.72 (2) or (3) was submitted to the department, a number of workers in
19the area were permanently laid off by their employer or became unemployed as a
20result of a business action subject to s. 109.07 (1m).
SB636,13,2421 e. An employer in the vicinity of the area has given public notice under s. 109.07
22(1m) of either a business closing or a mass layoff of at least 25 employes, or 25% of
23the employes, of a business, whichever is greater, that will result in a number of
24workers in the area being laid off permanently.
SB636,13,2525 f. Property values in the area have been declining.
SB636,14,1
1g. There has been a decline in the population in the area.
SB636, s. 46 2Section 46. 560.71 (1m) of the statutes is created to read:
SB636,14,43 560.71 (1m) In making a determination under sub. (1) (e), the department shall
4consider all of the following:
SB636,14,65 (a) The extent of poverty, unemployment or other factors contributing to
6general economic hardship in the area.
SB636,14,77 (b) The prospects for new investment and economic development in the area.
SB636,14,98 (c) The amount of investment that is likely to result from the designation of the
9area as a development zone.
SB636,14,1110 (d) The number of jobs that are likely to be created or retained in the area as
11a result of its designation as a development zone.
SB636,14,1312 (e) The number of jobs that are likely to be available to the target population
13as a result of the designation of the area as a development zone.
SB636,14,1514 (f) The competitive effect of designating the area as a development zone on
15other businesses in the vicinity of the area.
SB636,14,1616 (g) The needs of other areas of the state.
SB636,14,1717 (h) Any other factors that the department considers relevant.
SB636, s. 47 18Section 47. 560.71 (3) (a) of the statutes is amended to read:
SB636,14,2119 560.71 (3) (a) Determine the number of development zones designated under
20sub. (1) but may not designate more than 14 20 development zones over the life of the
21program
.
SB636, s. 48 22Section 48. 560.72 (2) (c) of the statutes is amended to read:
SB636,14,2423 560.72 (2) (c) Evidence that the area meets at least 2 3 of the criteria under s.
24560.71 (1) (e), including data on the requirements the area does not meet 4.
SB636, s. 49 25Section 49. 560.72 (3) of the statutes is amended to read:
SB636,15,3
1560.72 (3) Two or more local governing bodies may submit a joint application
2nominating a single an area as a development zone, subject to s. 560.735 (2), if each
3local governing body complies with subs. (1) and (2)
.
SB636, s. 50 4Section 50. 560.72 (4) of the statutes is repealed.
SB636, s. 51 5Section 51. 560.723 of the statutes is repealed.
SB636, s. 52 6Section 52. 560.725 (1) (intro.) of the statutes is renumbered 560.725 (1) and
7amended to read:
SB636,15,108 560.725 (1) The department shall evaluate applications received under s.
9560.72 (2) to (4) and (3) and development zone plans received under s. 560.73 (1) and
10(2) according to the following criteria:.
SB636, s. 53 11Section 53. 560.725 (1) (a) to (h) of the statutes are repealed.
SB636, s. 54 12Section 54. 560.725 (2) of the statutes is amended to read:
SB636,15,1813 560.725 (2) Subject to s. 560.735 (5), the department may reduce the size of an
14area nominated as a development zone, if the department determines the boundaries
15as proposed by the local governing body in an application under s. 560.72 (2) to (4)
16or (3) are inconsistent with the purpose of the development zone program. Any
17nominated area which is reduced under this subsection need not comply with s.
18560.735 (1), (3) and (4).
SB636, s. 55 19Section 55. 560.725 (3) of the statutes is amended to read:
Loading...
Loading...