LRB-3952/1
JS:kmg:ijs
1997 - 1998 LEGISLATURE
October 8, 1997 - Introduced by Senators Burke, Chvala and Ellis, cosponsored
by Representatives M. Lehman, Wood and
Brancel. Referred to Committee
on Economic Development, Housing and Government Operations.
SB316,2,2
1An Act to amend 71.01 (6) (e), 71.01 (6) (f), 71.01 (6) (g), 71.01 (6) (h), 71.01 (6)
2(i), 71.01 (6) (j), 71.01 (6) (k), 71.01 (6) (L), 71.01 (7r), 71.22 (4) (e), 71.22 (4) (f),
371.22 (4) (g), 71.22 (4) (h), 71.22 (4) (i), 71.22 (4) (j), 71.22 (4) (k), 71.22 (4) (L),
471.22 (4m) (c), 71.22 (4m) (d), 71.22 (4m) (e), 71.22 (4m) (f), 71.22 (4m) (g), 71.22
5(4m) (h), 71.22 (4m) (i), 71.22 (4m) (j), 71.26 (2) (b) 5., 71.26 (2) (b) 6., 71.26 (2)
6(b) 7., 71.26 (2) (b) 8., 71.26 (2) (b) 9., 71.26 (2) (b) 10., 71.26 (2) (b) 11., 71.26 (2)
7(b) 12., 71.26 (3) (y), 71.34 (1g) (e), 71.34 (1g) (f), 71.34 (1g) (g), 71.34 (1g) (h),
871.34 (1g) (i), 71.34 (1g) (j), 71.34 (1g) (k), 71.34 (1g) (L), 71.365 (1m), 71.42 (2)
9(d), 71.42 (2) (e), 71.42 (2) (f), 71.42 (2) (g), 71.42 (2) (h), 71.42 (2) (i), 71.42 (2)
10(j), 71.42 (2) (k), 71.77 (3) and 71.77 (5);
to create 71.01 (6) (m), 71.22 (4) (m),
1171.22 (4m) (k), 71.26 (2) (b) 13., 71.34 (1g) (m) and 71.42 (2) (L) of the statutes;
12and
to affect 1997 Wisconsin Act .... (Assembly Bill 100), section 9343 (9x) (a);
1relating to: the definition of the internal revenue code for the income tax and
2the franchise tax.
Analysis by the Legislative Reference Bureau
This bill adopts for the income tax and the franchise tax the changes to the
Internal Revenue Code made by P.L.
105-33 and P.L.
105-34. Those changes are
adopted for all taxable years for which they apply for federal income tax purposes
except taxable years that begin on January 1, 1998, and thereafter.
This bill will be referred to the joint survey committee on tax exemptions for a
detailed analysis, which will be printed as an appendix to this bill.
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:
SB316, s. 1
3Section
1. 71.01 (6) (e) of the statutes, as affected by 1997 Wisconsin Act ....
4(Assembly Bill 100), is amended to read:
SB316,3,75
71.01
(6) (e) For taxable years that begin after December 31, 1989, and before
6January 1, 1991, for natural persons and fiduciaries, except fiduciaries of nuclear
7decommissioning trust or reserve funds, "internal revenue code" means the federal
8internal revenue code as amended to December 31, 1989, and as amended by P.L.
9101-280, P.L.
101-508, P.L.
102-227, P.L.
103-66,
and
, P.L.
104-188, excluding
10section 1311 of P.L.
104-188,
and P.L. 105-34 and as indirectly affected by P.L.
1199-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
12101-239, P.L.
101-280, P.L.
101-508, P.L.
102-227, P.L.
103-66,
and, P.L.
104-188,
13excluding section 1311 of P.L.
104-188, and P.L. 105-34. The internal revenue code
14applies for Wisconsin purposes at the same time as for federal purposes.
15Amendments to the federal internal revenue code enacted after December 31, 1989,
16do not apply to this paragraph with respect to taxable years beginning after
1December 31, 1989, and before January 1, 1991, except that changes to the internal
2revenue code made by P.L.
101-280, P.L.
101-508, P.L.
102-227, P.L.
103-66 and, 3P.L.
104-188, excluding section 1311 of P.L.
104-188,
and P.L. 105-34 and changes
4that indirectly affect the federal internal revenue code made by P.L.
101-280, P.L.
5101-508, P.L.
102-227, P.L.
103-66 and, P.L.
104-188, excluding section 1311 of P.L.
6104-188,
and P.L. 105-34 apply for Wisconsin purposes at the same time as for
7federal purposes.
SB316, s. 2
8Section
2. 71.01 (6) (f) of the statutes, as affected by 1997 Wisconsin Act ....
9(Assembly Bill 100), is amended to read:
SB316,4,310
71.01
(6) (f) For taxable years that begin after December 31, 1990, and before
11January 1, 1992, for natural persons and fiduciaries, except fiduciaries of nuclear
12decommissioning trust or reserve funds, "internal revenue code" means the federal
13internal revenue code as amended to December 31, 1990. and as amended by P.L.
14102-90, P.L.
102-227, P.L.
102-486, P.L.
103-66 and, P.L.
104-188, excluding section
151311 of P.L.
104-188,
and P.L. 105-34 and as indirectly affected by P.L.
99-514, P.L.
16100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
17101-280, P.L.
101-508, P.L.
102-90, P.L.
102-227, P.L.
102-486, P.L.
103-66 and, 18P.L.
104-188, excluding section 1311 of P.L.
104-188, and P.L. 105-34. The internal
19revenue code applies for Wisconsin purposes at the same time as for federal purposes.
20Amendments to the federal internal revenue code enacted after December 31, 1990,
21do not apply to this paragraph with respect to taxable years beginning after
22December 31, 1990, and before January 1, 1992, except that changes to the internal
23revenue code made by P.L.
102-90, P.L.
102-227, P.L.
102-486, P.L.
103-66 and, P.L.
24104-188, excluding section 1311 of P.L.
104-188,
and P.L. 105-34 and changes that
25indirectly affect the federal internal revenue code made by P.L.
102-90, P.L.
102-227,
1P.L.
102-486, P.L.
103-66 and, P.L.
104-188, excluding section 1311 of P.L.
104-188,
2and P.L. 105-34 apply for Wisconsin purposes at the same time as for federal
3purposes.
SB316, s. 3
4Section
3. 71.01 (6) (g) of the statutes, as affected by 1997 Wisconsin Act ....
5(Assembly Bill 100), is amended to read:
SB316,5,26
71.01
(6) (g) For taxable years that begin after December 31, 1991, and before
7January 1, 1993, for natural persons and fiduciaries, except fiduciaries of nuclear
8decommissioning trust or reserve funds, "internal revenue code" means the federal
9internal revenue code as amended to December 31, 1991, excluding sections 103, 104
10and 110 of P.L.
102-227, and as amended by P.L.
102-318, P.L.
102-486, P.L.
103-66,
11excluding sections 13101 (a) and (c) 1, 13171 and 13174 of P.L.
103-66,
and P.L.
12104-188, excluding section 1311 of P.L.
104-188,
and P.L. 105-34 and as indirectly
13affected by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
14101-179, P.L.
101-239, P.L.
101-280, P.L.
101-508, P.L.
102-90, P.L.
102-227,
15excluding sections 103, 104 and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
16103-66, excluding sections 13101 (a) and (c) 1, 13171 and 13174 of P.L.
103-66,
and 17P.L.
104-188, excluding section 1311 of P.L.
104-188, and P.L. 105-34. The internal
18revenue code applies for Wisconsin purposes at the same time as for federal purposes.
19Amendments to the federal internal revenue code enacted after December 31, 1991,
20do not apply to this paragraph with respect to taxable years beginning after
21December 31, 1991, and before January 1, 1993, except that changes to the internal
22revenue code made by P.L.
102-318, P.L.
102-486, P.L.
103-66 and, P.L.
104-188,
23excluding section 1311 of P.L.
104-188,
and P.L. 105-34 and changes that indirectly
24affect the provisions applicable to this subchapter made by P.L.
102-318, P.L.
1102-486, P.L.
103-66 and, P.L.
104-188, excluding section 1311 of P.L.
104-188,
and
2P.L. 105-34 apply for Wisconsin purposes at the same time as for federal purposes.
SB316, s. 4
3Section
4. 71.01 (6) (h) of the statutes, as affected by 1997 Wisconsin Act ....
4(Assembly Bill 100), is amended to read:
SB316,6,25
71.01
(6) (h) For taxable years that begin after December 31, 1992, and before
6January 1, 1994, for natural persons and fiduciaries, except fiduciaries of nuclear
7decommissioning trust or reserve funds, "internal revenue code" means the federal
8internal revenue code as amended to December 31, 1992, excluding sections 103, 104
9and 110 of P.L.
102-227, and as amended by P.L.
103-66, excluding sections 13101
10(a) and (c) 1, 13113, 13150, 13171, 13174 and 13203 of P.L.
103-66,
, P.L.
103-465 and, 11P.L.
104-188, excluding section 1311 of P.L.
104-188,
and P.L. 105-34 and as
12indirectly affected by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
13101-140, P.L.
101-179, P.L.
101-239, P.L.
101-280, P.L.
101-508, P.L.
102-90, P.L.
14102-227, excluding sections 103, 104 and 110 of P.L.
102-227, P.L.
102-318, P.L.
15102-486, P.L.
103-66, excluding sections 13101 (a) and (c) 1, 13113, 13150, 13171,
1613174 and 13203 of P.L.
103-66,
and P.L.
104-188, excluding section 1311 of P.L.
17104-188, and P.L. 105-34. The internal revenue code applies for Wisconsin purposes
18at the same time as for federal purposes. Amendments to the federal internal
19revenue code enacted after December 31, 1992, do not apply to this paragraph with
20respect to taxable years beginning after December 31, 1992, and before January 1,
211994, except that changes to the internal revenue code made by P.L.
103-66, P.L.
22103-465 and, P.L.
104-188, excluding section 1311 of P.L.
104-188,
and P.L. 105-34 23and changes that indirectly affect the provisions applicable to this subchapter made
24by P.L.
103-66, P.L.
103-465 and, P.L.
104-188, excluding section 1311 of P.L.
1104-188,
and P.L. 105-34 apply for Wisconsin purposes at the same time as for
2federal purposes.
SB316, s. 5
3Section
5. 71.01 (6) (i) of the statutes, as affected by 1997 Wisconsin Act ....
4(Assembly Bill 100), is amended to read:
SB316,7,55
71.01
(6) (i) For taxable years that begin after December 31, 1993, and before
6January 1, 1995, for natural persons and fiduciaries, except fiduciaries of nuclear
7decommissioning trust or reserve funds, "internal revenue code" means the federal
8internal revenue code as amended to December 31, 1993, excluding sections 103, 104
9and 110 of P.L.
102-227 and sections 13113, 13150 (d), 13171 (d), 13174, 13203 (d)
10and 13215 of P.L.
103-66 and as amended by P.L.
103-296, P.L.
103-337, P.L.
11103-465, P.L.
104-7, excluding section 1 of P.L.
104-7, P.L.
104-188, excluding
12section 1311 of P.L.
104-188, P.L.
104-191 and, P.L.
104-193 and P.L. 105-34 and as
13indirectly affected by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
14101-140, P.L.
101-179, P.L.
101-239, P.L.
101-280, P.L.
101-508, P.L.
102-90, P.L.
15102-227, excluding sections 103, 104 and 110 of P.L.
102-227, P.L.
102-318, P.L.
16102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174, 13203
17(d) and 13215 of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7,
18excluding section 1 of P.L.
104-7, P.L.
104-188, excluding section 1311 of P.L.
19104-188, P.L.
104-191 and, P.L.
104-193 and P.L. 105-34. The internal revenue code
20applies for Wisconsin purposes at the same time as for federal purposes.
21Amendments to the federal internal revenue code enacted after December 31,
1993,
22do not apply to this paragraph with respect to taxable years beginning after
23December 31, 1993, and before January 1, 1995, except that changes to the internal
24revenue code made by P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7,
25excluding section 1 of P.L.
104-7, P.L.
104-188, excluding section 1311 of P.L.
1104-188, P.L.
104-191 and, P.L.
104-193 and P.L. 105-34 and changes that
2indirectly affect the provisions applicable to this subchapter made by P.L.
103-296,
3P.L.
103-337, P.L.
103-465, P.L.
104-7, excluding section 1 of P.L.
104-7, P.L.
4104-188, excluding section 1311 of P.L.
104-188, P.L.
104-191 and, P.L.
104-193 and
5P.L. 105-34, apply for Wisconsin purposes at the same time as for federal purposes.
SB316, s. 6
6Section
6. 71.01 (6) (j) of the statutes, as affected by 1997 Wisconsin Act ....
7(Assembly Bill 100), is amended to read:
SB316,8,78
71.01
(6) (j) For taxable years that begin after December 31, 1994, and before
9January 1, 1996, for natural persons and fiduciaries, except fiduciaries of nuclear
10decommissioning trust or reserve funds, "internal revenue code" means the federal
11internal revenue code as amended to December 31, 1994, excluding sections 103, 104
12and 110 of P.L.
102-227 and sections 13113, 13150 (d), 13171 (d), 13174 and 13203
13(d) of P.L.
103-66, and as amended by P.L.
104-7, P.L.
104-117, P.L.
104-188,
14excluding sections 1202, 1204, 1311 and 1605 of P.L.
104-188, P.L.
104-191 and, P.L.
15104-193 and P.L. 105-34 and as indirectly affected by P.L.
99-514, P.L.
100-203, P.L.
16100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-280, P.L.
17101-508, P.L.
102-90, P.L.
102-227, excluding sections 103, 104 and 110 of P.L.
18102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150
19(d), 13171 (d), 13174 and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
20103-465, P.L.
104-7, P.L.
104-117, P.L.
104-188, excluding sections 1202, 1204, 1311
21and 1605 of P.L.
104-188, P.L.
104-191 and, P.L.
104-193 and P.L. 105-34. The
22internal revenue code applies for Wisconsin purposes at the same time as for federal
23purposes. Amendments to the federal internal revenue code enacted after
24December 31, 1994, do not apply to this paragraph with respect to taxable years
25beginning after December 31, 1994, and before January 1, 1996, except that
1changes to the internal revenue code made by P.L.
104-7, P.L.
104-117, P.L.
104-188,
2excluding sections 1202, 1204, 1311 and 1605 of P.L.
104-188, P.L.
104-191 and, P.L.
3104-193 and P.L. 105-34 and changes that indirectly affect the provisions applicable
4to this subchapter made by P.L.
104-7, P.L.
104-117, P.L.
104-188, excluding
5sections 1202, 1204, 1311 and 1605 of P.L.
104-188, P.L.
104-191 and, P.L.
104-193 6and P.L. 105-34 apply for Wisconsin purposes at the same time as for federal
7purposes.
SB316, s. 7
8Section
7. 71.01 (6) (k) of the statutes, as affected by 1997 Wisconsin Act ....
9(Assembly Bill 100), is amended to read:
SB316,9,910
71.01
(6) (k) For taxable years that begin after December 31, 1995, and before
11January 1, 1997, for natural persons and fiduciaries, except fiduciaries of nuclear
12decommissioning trust or reserve funds, "internal revenue code" means the federal
13internal revenue code as amended to December 31, 1995, excluding sections 103, 104
14and 110 of P.L.
102-227 and sections 13113, 13150 (d), 13171 (d), 13174 and 13203
15(d) of P.L.
103-66, and as amended by P.L.
104-117, P.L.
104-188, excluding sections
161123, 1202, 1204, 1311 and 1605 of P.L.
104-188, P.L.
104-191 and, P.L.
104-193, P.L.
17105-33 and P.L. 105-34, and as indirectly affected by P.L.
99-514, P.L.
100-203, P.L.
18100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-280, P.L.
19101-508, P.L.
102-90, P.L.
102-227, excluding sections 103, 104 and 110 of P.L.
20102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150
21(d), 13171 (d), 13174 and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
22103-465, P.L.
104-7, P.L.
104-117, P.L.
104-188, excluding sections 1123, 1202,
231204, 1311 and 1605 of P.L.
104-188, P.L.
104-191 and
, P.L.
104-193, P.L. 105-33
24and P.L. 105-34. The internal revenue code applies for Wisconsin purposes at the
25same time as for federal purposes. Amendments to the federal internal revenue code
1enacted after December 31, 1995, do not apply to this paragraph with respect to
2taxable years beginning after December 31, 1995, and before January 1, 1997,
3except that changes to the internal revenue code made by P.L.
104-117, P.L.
104-188,
4excluding sections 1123, 1202, 1204, 1311 and 1605 of P.L.
104-188, P.L.
104-191 5and, P.L.
104-193, P.L. 105-33 and P.L. 105-34 and changes that indirectly affect the
6provisions applicable to this subchapter made by P.L.
104-117, P.L.
104-188,
7excluding sections 1123, 1202, 1204, 1311 and 1605 of P.L.
104-188, P.L.
104-191 8and, P.L.
104-193, P.L. 105-33 and P.L. 105-34 apply for Wisconsin purposes at the
9same time as for federal purposes.
SB316, s. 8
10Section
8. 71.01 (6) (L) of the statutes, as created by 1997 Wisconsin Act ....
11(Assembly Bill 100), is amended to read:
SB316,9,2512
71.01
(6) (L) For taxable years that begin after December 31, 1996,
and before
13January 1, 1998, for natural persons and fiduciaries, except fiduciaries of nuclear
14decommissioning trust or reserve funds, "internal revenue code" means the federal
15internal revenue code as amended to December 31, 1996, excluding sections 103, 104
16and 110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d), 13174 and 13203 (d)
17of P.L.
103-66 and sections 1123 (b), 1202 (c), 1204 (f), 1311 and 1605 (d) of P.L.
18104-188,
and as amended by P.L. 105-33 and P.L. 105-34 and as indirectly affected
19by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179,
20P.L.
101-239, P.L.
101-280, P.L.
101-508, P.L.
102-90, P.L.
102-227, excluding
21sections 103, 104 and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66,
22excluding sections 13113, 13150 (d), 13171 (d), 13174 and 13203 (d) of P.L.
103-66,
23P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-117, P.L.
104-188,
24excluding sections 1123 (b), 1202 (c), 1204 (f), 1311 and 1605 (d) of P.L.
104-188, P.L.
25104-191 and, P.L.
104-193, P.L. 105-33 and P.L. 105-34. The internal revenue code
1applies for Wisconsin purposes at the same time as for federal purposes.
2Amendments to the federal internal revenue code enacted after December 31,
1996,
3do not apply to this paragraph with respect to taxable years beginning after
4December 31, 1996
, and before January 1, 1998, except that changes to the Internal
5Revenue Code made by P.L. 105-33 and P.L. 105-34 and changes that indirectly
6affect the provisions applicable to this subchapter made by P.L. 105-33 and P.L.
7105-34 apply for Wisconsin purposes at the same time as for federal purposes.
SB316, s. 9
8Section
9. 71.01 (6) (m) of the statutes is created to read:
SB316,10,259
71.01
(6) (m) For taxable years that begin after December 31, 1997, for natural
10persons and fiduciaries, except fiduciaries of nuclear decommissioning trust or
11reserve funds, "Internal Revenue Code" means the federal Internal Revenue Code
12as amended to December 31, 1996, excluding sections 103, 104 and 110 of P.L.
13102-227, sections 13113, 13150 (d), 13171 (d), 13174 and 13203 (d) of P.L.
103-66 and
14sections 1123 (b), 1202 (c), 1204 (f), 1311 and 1605 (d) of P.L.
104-188, and as
15indirectly affected by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
16101-140, P.L.
101-179, P.L.
101-239, P.L.
101-280, P.L.
101-508, P.L.
102-90, P.L.
17102-227, excluding sections 103, 104 and 110 of P.L.
102-227, P.L.
102-318, P.L.
18102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174 and
1913203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
20104-117, P.L.
104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311 and 1605
21(d) of P.L.
104-188, P.L.
104-191 and P.L.
104-193. The Internal Revenue Code
22applies for Wisconsin purposes at the same time as for federal purposes.
23Amendments to the federal Internal Revenue Code enacted after
24December 31, 1996, do not apply to this paragraph with respect to taxable years
25beginning after December 31, 1997.
SB316, s. 10
1Section
10. 71.01 (7r) of the statutes, as affected by 1997 Wisconsin Act ....
2(Assembly Bill 100), is amended to read:
SB316,11,113
71.01
(7r) Notwithstanding sub. (6), for purposes of computing amortization
4or depreciation, "internal revenue code" means either the federal internal revenue
5code as amended to December 31, 1996,
for property placed in service before August
66, 1997, or as amended to August 5, 1997, for property placed in service on August
76, 1997, or thereafter or the federal internal revenue code in effect for the taxable
8year for which the return is filed, except that property that, under s. 71.02 (2) (d) 12.,
91985 stats., is required to be depreciated for taxable year 1986 under the internal
10revenue code as amended to December 31, 1980, shall continue to be depreciated
11under the internal revenue code as amended to December 31, 1980.
SB316, s. 11
12Section
11. 71.22 (4) (e) of the statutes, as affected by 1997 Wisconsin Act ....
13(Assembly Bill 100), is amended to read:
SB316,12,814
71.22
(4) (e) Except as provided in sub. (4m) and ss. 71.26 (2) (b) and (3), 71.34
15(1g) and 71.42 (2), "internal revenue code", for taxable years that begin after
16December 31, 1989, and before January 1, 1991, means the federal internal revenue
17code as amended to December 31, 1989, and as amended by P.L.
101-508, P.L.
18102-227, P.L.
103-66 and, P.L.
104-188, excluding section 1311 of P.L.
104-188,
and
19P.L. 105-34 and as indirectly affected in the provisions applicable to this subchapter
20by P.L.
99-514, P.L.
100-203, P.L.
100-647 excluding sections 803 (d) (2) (B), 805 (d)
21(2), 812 (c) (2), 821 (b) (2) and 823 (c) (2) of P.L.
99-514 and section 1008 (g) (5) of P.L.
22100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
23102-227, P.L.
103-66 and, P.L.
104-188, excluding section 1311 of P.L.
104-188, and
24P.L. 105-34. The internal revenue code applies for Wisconsin purposes at the same
25time as for federal purposes. Amendments to the federal internal revenue code
1enacted after December 31, 1989, do not apply to this paragraph with respect to
2taxable years beginning after December 31, 1989, and before January 1, 1991, except
3that changes to the internal revenue code made by P.L.
101-508, P.L.
102-227, P.L.
4103-66 and, P.L.
104-188, excluding section 1311 of P.L.
104-188,
and P.L. 105-34 5and changes that indirectly affect the provisions applicable to this subchapter made
6by P.L.
101-508, P.L.
102-227, P.L.
103-66 and, P.L.
104-188, excluding section 1311
7of P.L.
104-188,
and P.L. 105-34 apply for Wisconsin purposes at the same time as
8for federal purposes.
SB316, s. 12
9Section
12. 71.22 (4) (f) of the statutes, as affected by 1997 Wisconsin Act ....
10(Assembly Bill 100), is amended to read:
SB316,13,511
71.22
(4) (f) Except as provided in sub. (4m) and ss. 71.26 (2) (b) and (3), 71.34
12(1g) and 71.42 (2), "internal revenue code", for taxable years that begin after
13December 31, 1990, and before January 1, 1992, means the federal internal revenue
14code as amended to December 31, 1990, and as amended by P.L.
102-227, P.L.
15102-486, P.L.
103-66 and, P.L.
104-188, excluding section 1311 of P.L.
104-188,
and
16P.L. 105-34 and as indirectly affected in the provisions applicable to this subchapter
17by P.L.
99-514, P.L.
100-203, P.L.
100-647 excluding sections 803 (d) (2) (B), 805 (d)
18(2), 812 (c) (2), 821 (b) (2) and 823 (c) (2) of P.L.
99-514 and section 1008 (g) (5) of P.L.
19100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
20102-227, P.L.
102-486, P.L.
103-66 and, P.L.
104-188, excluding section 1311 of P.L.
21104-188, and P.L. 105-34. The internal revenue code applies for Wisconsin purposes
22at the same time as for federal purposes. Amendments to the federal internal
23revenue code enacted after December 31, 1990, do not apply to this paragraph with
24respect to taxable years beginning after December 31, 1990, and before January 1,
251992, except that changes to the internal revenue code made by P.L.
102-227, P.L.
1102-486, P.L.
103-66 and, P.L.
104-188, excluding section 1311 of P.L.
104-188,
and
2P.L. 105-34 and changes that indirectly affect the provisions applicable to this
3subchapter made by P.L.
102-227, P.L.
102-486, P.L.
103-66 and, P.L.
104-188,
4excluding section 1311 of P.L.
104-188,
and P.L. 105-34 apply for Wisconsin purposes
5at the same time as for federal purposes.
SB316, s. 13
6Section
13. 71.22 (4) (g) of the statutes, as affected by 1997 Wisconsin Act ....
7(Assembly Bill 100), is amended to read:
SB316,14,58
71.22
(4) (g) Except as provided in sub. (4m) and ss. 71.26 (2) (b) and (3), 71.34
9(1g) and 71.42 (2), "internal revenue code", for taxable years that begin after
10December 31, 1991, and before January 1, 1993, means the federal internal revenue
11code as amended to December 31, 1991, excluding sections 103, 104 and 110 of P.L.
12102-227, and as amended by P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding
13sections 13101 (a) and (c) 1, 13171 and 13174 of P.L.
103-66,
and P.L.
104-188,
14excluding section 1311 of P.L.
104-188,
and P.L. 105-34 and as indirectly affected in
15the provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
16100-647 excluding sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2), 821 (b) (2) and 823
17(c) (2) of P.L.
99-514 and section 1008 (g) (5) of P.L.
100-647, P.L.
101-73, P.L.
18101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections
19103, 104 and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding
20sections 13101 (a) and (c) 1, 13171 and 13174 of P.L.
103-66,
and P.L.
104-188,
21excluding section 1311 of P.L.
104-188, and P.L. 105-34. The internal revenue code
22applies for Wisconsin purposes at the same time as for federal purposes.
23Amendments to the federal internal revenue code enacted after December 31, 1991,
24do not apply to this paragraph with respect to taxable years beginning after
25December 31, 1991, and before January 1, 1993, except that changes to the internal
1revenue code made by P.L.
102-318, P.L.
102-486, P.L.
103-66
and, P.L.
104-188,
2excluding section 1311 of P.L.
104-188,
and P.L. 105-34 and changes that indirectly
3affect the provisions applicable to this subchapter made by P.L.
102-318, P.L.
4102-486, P.L.
103-66 and, P.L.
104-188, excluding section 1311 of P.L.
104-188,
and
5P.L. 105-34 apply for Wisconsin purposes at the same time as for federal purposes.
SB316, s. 14
6Section
14. 71.22 (4) (h) of the statutes, as affected by 1997 Wisconsin Act ....
7(Assembly Bill 100), is amended to read:
SB316,15,58
71.22
(4) (h) Except as provided in sub. (4m) and ss. 71.26 (2) (b) and (3), 71.34
9(1g) and 71.42 (2), "internal revenue code", for taxable years that begin after
10December 31, 1992, and before January 1, 1994, means the federal internal revenue
11code as amended to December 31, 1992, excluding sections 103, 104 and 110 of P.L.
12102-227, and as amended by P.L.
103-66, excluding sections 13101 (a) and (c) 1,
1313113, 13150, 13171, 13174 and 13203 of P.L.
103-66, P.L.
103-465,
and P.L.
14104-188, excluding section 1311 of P.L.
104-188,
and P.L. 105-34 and as indirectly
15affected in the provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203,
16P.L.
100-647 excluding sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2), 821 (b) (2) and
17823 (c) (2) of P.L.
99-514 and section 1008 (g) (5) of P.L.
100-647, P.L.
101-73, P.L.
18101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections
19103, 104 and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding
20sections 13101 (a) and (c) 1, 13113, 13150, 13171, 13174 and 13203 of P.L.
103-66,
21P.L.
103-465 and, P.L.
104-188, excluding section 1311 of P.L.
104-188, and P.L.
22105-34. The internal revenue code applies for Wisconsin purposes at the same time
23as for federal purposes. Amendments to the federal internal revenue code enacted
24after December 31, 1992, do not apply to this paragraph with respect to taxable years
25beginning after December 31, 1992, and before January 1, 1994, except that changes
1to the internal revenue code made by P.L.
103-66, P.L.
103-465
and, P.L.
104-188,
2excluding section 1311 of P.L.
104-188, and changes that indirectly affect the
3provisions applicable to this subchapter made by P.L.
103-66, P.L.
103-465 and P.L.
4104-188, excluding section 1311 of P.L.
104-188,
and P.L. 105-34 apply for Wisconsin
5purposes at the same time as for federal purposes.
SB316, s. 15
6Section
15. 71.22 (4) (i) of the statutes, as affected by 1997 Wisconsin Act ....
7(Assembly Bill 100), is amended to read:
SB316,16,108
71.22
(4) (i) Except as provided in sub. (4m) and ss. 71.26 (2) (b) and (3), 71.34
9(1g) and 71.42 (2), "internal revenue code", for taxable years that begin after
10December 31, 1993, and before January 1, 1995, means the federal internal revenue
11code as amended to December 31, 1993, excluding sections 103, 104 and 110 of P.L.
12102-227 and sections 13113, 13150 (d), 13171 (d), 13174, 13203 (d) and 13215 of P.L.
13103-66, and as amended by P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7,
14excluding section 1 of P.L.
104-7, P.L.
104-188, excluding section 1311 of P.L.
15104-188, P.L.
104-191, P.L.
104-193 and P.L. 105-34 and as indirectly affected in the
16provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647 17excluding sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2), 821 (b) (2) and 823 (c) (2) of
18P.L.
99-514 and section 1008 (g) (5) of P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
19101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104 and
20110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections
2113113, 13150 (d), 13171 (d), 13174, 13203 (d) and 13215 of P.L.
103-66, P.L.
103-296,
22P.L.
103-337, P.L.
103-465, P.L.
104-7, excluding section 1 of P.L.
104-7, P.L.
23104-188, excluding section 1311 of P.L.
104-188, P.L.
104-191 and, P.L.
104-193 and
24P.L. 105-34. The internal revenue code applies for Wisconsin purposes at the same
25time as for federal purposes. Amendments to the federal internal revenue code
1enacted after December 31, 1993, do not apply to this paragraph with respect to
2taxable years beginning after December 31, 1993, and before January 1, 1995,
3except that changes to the internal revenue code made by P.L.
103-296, P.L.
103-337,
4P.L.
103-465, P.L.
104-7, excluding section 1 of P.L.
104-7, P.L.
104-188, excluding
5section 1311 of P.L.
104-188, P.L.
104-191 and, P.L.
104-193 and P.L. 105-34 and
6changes that indirectly affect the provisions applicable to this subchapter made by
7P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, excluding section 1 of P.L.
8104-7, P.L.
104-188, excluding section 1311 of P.L.
104-188, P.L.
104-191 and, P.L.
9104-193 and P.L. 105-34 apply for Wisconsin purposes at the same time as for federal
10purposes.
SB316, s. 16
11Section
16. 71.22 (4) (j) of the statutes, as affected by 1997 Wisconsin Act ....
12(Assembly Bill 100), is amended to read:
SB316,17,1313
71.22
(4) (j) Except as provided in sub. (4m) and ss. 71.26 (2) (b) and (3), 71.34
14(1g) and 71.42 (2), "internal revenue code", for taxable years that begin after
15December 31, 1994, and before January 1, 1996, means the federal internal revenue
16code as amended to December 31, 1994, excluding sections 103, 104 and 110 of P.L.
17102-227 and sections 13113, 13150 (d), 13171 (d), 13174 and 13203 (d) of P.L.
103-66,
18and as amended by P.L.
104-7, P.L.
104-188, excluding sections 1202, 1204, 1311 and
191605 of P.L.
104-188, P.L.
104-191 and, P.L.
104-193 and P.L. 105-34 and as
20indirectly affected in the provisions applicable to this subchapter by P.L.
99-514, P.L.
21100-203, P.L.
100-647 excluding sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2), 821
22(b) (2) and 823 (c) (2) of P.L.
99-514 and section 1008 (g) (5) of P.L.
100-647, P.L.
23101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227,
24excluding sections 103, 104 and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
25103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174 and 13203 (d) of P.L.
1103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188,
2excluding sections 1202, 1204, 1311 and 1605 of P.L.
104-188, P.L.
104-191 and, P.L.
3104-193 and P.L. 105-34. The internal revenue code applies for Wisconsin purposes
4at the same time as for federal purposes. Amendments to the federal internal
5revenue code enacted after December 31, 1994, do not apply to this paragraph with
6respect to taxable years beginning after December 31, 1994, and before
7January 1, 1996, except that changes to the internal revenue code made by P.L.
8104-7, P.L.
104-188, excluding sections 1202, 1204, 1311 and 1605 of P.L.
104-188,
9P.L.
104-191 and, P.L.
104-193 and P.L. 105-34 and changes that indirectly affect
10the provisions applicable to this subchapter made by P.L.
104-7, P.L.
104-188,
11excluding sections 1202, 1204, 1311 and 1605 of P.L.
104-188, P.L.
104-191 and, P.L.
12104-193 and P.L. 105-34 apply for Wisconsin purposes at the same time as for federal
13purposes.
SB316, s. 17
14Section
17. 71.22 (4) (k) of the statutes, as affected by 1997 Wisconsin Act ....
15(Assembly Bill 100), is amended to read:
SB316,18,1616
71.22
(4) (k) Except as provided in sub. (4m) and ss. 71.26 (2) (b) and (3), 71.34
17(1g) and 71.42 (2), "internal revenue code", for taxable years that begin after
18December 31, 1995, and before January 1, 1997, means the federal internal revenue
19code as amended to December 31, 1995, excluding sections 103, 104 and 110 of P.L.
20102-227 and sections 13113, 13150 (d), 13171 (d), 13174 and 13203 (d) of P.L.
103-66,
21and as amended by P.L.
104-188, excluding sections 1123, 1202, 1204, 1311 and 1605
22of P.L.
104-188, P.L.
104-191 and, P.L.
104-193, P.L. 105-33 and P.L. 105-34 and as
23indirectly affected in the provisions applicable to this subchapter by P.L.
99-514, P.L.
24100-203, P.L.
100-647 excluding sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2), 821
25(b) (2) and 823 (c) (2) of P.L.
99-514 and section 1008 (g) (5) of P.L.
100-647, P.L.
1101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227,
2excluding sections 103, 104 and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
3103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174 and 13203 (d) of P.L.
4103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188,
5excluding sections 1123, 1202, 1204, 1311 and 1605 of P.L.
104-188, P.L.
104-191 6and, P.L.
104-193, P.L. 105-33 and P.L. 105-34. The internal revenue code applies
7for Wisconsin purposes at the same time as for federal purposes. Amendments to the
8federal internal revenue code enacted after December 31, 1995, do not apply to this
9paragraph with respect to taxable years beginning after December 31, 1995, and
10before January 1, 1997, except that changes to the Internal Revenue Code made by
11P.L.
104-188, excluding sections 1123, 1202, 1204, 1311 and 1605 of P.L.
104-188,
12P.L.
104-191 and, P.L.
104-193, P.L. 105-33 and P.L. 105-34, and changes that
13indirectly affect the provisions applicable to this subchapter made by P.L.
104-188,
14excluding sections 1123, 1202, 1204, 1311 and 1605 of P.L.
104-188, P.L.
104-191 15and, P.L.
104-193, P.L. 105-33 and P.L. 105-34 apply for Wisconsin purposes at the
16same time as for federal purposes.
SB316, s. 18
17Section
18. 71.22 (4) (L) of the statutes, as created by 1997 Wisconsin Act ....
18(Assembly Bill 100), is amended to read:
SB316,19,1619
71.22
(4) (L) Except as provided in sub. (4m) and ss. 71.26 (2) (b) and (3), 71.34
20(1g) and 71.42 (2), "internal revenue code", for taxable years that begin after
21December 31, 1996,
and before January 1, 1998, means the federal internal revenue
22code as amended to December 31, 1996, excluding sections 103, 104 and 110 of P.L.
23102-227, sections 13113, 13150 (d), 13171 (d), 13174 and 13203 (d) of P.L.
103-66 and
24sections 1123 (b), 1202 (c), 1204 (f), 1311 and 1605 (d) of P.L.
104-188,
and as
25amended by P.L. 105-33 and P.L. 105-34 and as indirectly affected in the provisions
1applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647 excluding
2sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2), 821 (b) (2) and 823 (c) (2) of P.L.
99-514 3and section 1008 (g) (5) of P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
4101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104 and 110 of P.L.
5102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150
6(d), 13171 (d), 13174 and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
7103-465, P.L.
104-7, P.L.
104-188, excluding sections 1123 (b), 1202 (c), 1204 (f),
81311 and 1605 (d) of P.L.
104-188, P.L.
104-191 and, P.L.
104-193, P.L. 105-33 and
9P.L. 105-34. The internal revenue code applies for Wisconsin purposes at the same
10time as for federal purposes. Amendments to the federal internal revenue code
11enacted after December 31, 1996, do not apply to this paragraph with respect to
12taxable years beginning after December 31, 1996
, and before January 1, 1998,
13except that changes to the internal revenue code made by P.L. 105-33 and P.L.
14105-34 and changes that indirectly affect the provisions applicable to this
15subchapter made by P.L. 105-33 and P.L. 105-34 apply for Wisconsin purposes at the
16same time as for federal purposes.
SB316, s. 19
17Section
19. 71.22 (4) (m) of the statutes is created to read:
SB316,20,1018
71.22
(4) (m) Except as provided in sub. (4m) and ss. 71.26 (2) (b) and (3), 71.34
19(1g) and 71.42 (2), "Internal Revenue Code", for taxable years that begin after
20December 31, 1997, means the federal Internal Revenue Code as amended to
21December 31, 1996, excluding sections 103, 104 and 110 of P.L.
102-227, sections
2213113, 13150 (d), 13171 (d), 13174 and 13203 (d) of P.L.
103-66 and sections 1123 (b),
231202 (c), 1204 (f), 1311 and 1605 (d) of P.L.
104-188, and as indirectly affected in the
24provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647 25excluding sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2), 821 (b) (2) and 823 (c) (2) of
1P.L.
99-514 and section 1008 (g) (5) of P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
2101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104 and
3110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections
413113, 13150 (d), 13171 (d), 13174 and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
5103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188, excluding sections 1123 (b), 1202
6(c), 1204 (f), 1311 and 1605 (d) of P.L.
104-188, P.L.
104-191 and P.L.
104-193. The
7Internal Revenue Code applies for Wisconsin purposes at the same time as for federal
8purposes. Amendments to the federal Internal Revenue Code enacted after
9December 31, 1996, do not apply to this paragraph with respect to taxable years
10beginning after December 31, 1997.
SB316, s. 20
11Section
20. 71.22 (4m) (c) of the statutes, as affected by 1997 Wisconsin Act
12.... (Assembly Bill 100), is amended to read:
SB316,21,513
71.22
(4m) (c) For taxable years that begin after December 31, 1989, and before
14January 1, 1991, "internal revenue code", for corporations that are subject to a tax
15on unrelated business income under s. 71.26 (1) (a), means the federal internal
16revenue code as amended to December 31, 1989, and as amended by P.L.
101-508,
17P.L.
102-227, P.L.
103-66 and, P.L.
104-188, excluding section 1311 of P.L.
104-188,
18and P.L. 105-34 and as indirectly affected in the provisions applicable to this
19subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140,
20P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, P.L.
103-66
and, P.L.
21104-188, excluding section 1311 of P.L.
104-188, and P.L. 105-34. The internal
22revenue code applies for Wisconsin purposes at the same time as for federal purposes.
23Amendments to the internal revenue code enacted after December 31, 1989, do not
24apply to this paragraph with respect to taxable years beginning after December 31,
251989, and before January 1, 1991, except that changes to the internal revenue code
1made by P.L.
101-508, P.L.
102-227, P.L.
103-66 and
, P.L.
104-188, excluding
2section 1311 of P.L.
104-188,
and P.L. 105-34 and changes that indirectly affect the
3provisions applicable to this subchapter made by P.L.
101-508, P.L.
102-227, P.L.
4103-66 and, P.L.
104-188, excluding section 1311 of P.L.
104-188,
and P.L. 105-34 5apply for Wisconsin purposes at the same time as for federal purposes.
SB316, s. 21
6Section
21. 71.22 (4m) (d) of the statutes, as affected by 1997 Wisconsin Act
7.... (Assembly Bill 100), is amended to read:
SB316,21,258
71.22
(4m) (d) For taxable years that begin after December 31, 1990, and before
9January 1, 1992, "internal revenue code", for corporations that are subject to a tax
10on unrelated business income under s. 71.26 (1) (a), means the federal internal
11revenue code as amended to December 31, 1990, and as amended by P.L.
102-227,
12P.L.
102-486, P.L.
103-66 and, P.L.
104-188, excluding section 1311 of P.L.
104-188,
13and P.L. 105-34 and as indirectly affected in the provisions applicable to this
14subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140,
15P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, P.L.
102-486, P.L.
103-66 16and, P.L.
104-188, excluding section 1311 of P.L.
104-188, and P.L. 105-34. The
17internal revenue code applies for Wisconsin purposes at the same time as for federal
18purposes. Amendments to the internal revenue code enacted after December 31,
191990, do not apply to this paragraph with respect to taxable years beginning after
20December 31, 1990, and before January 1, 1992, except that changes to the internal
21revenue code made by P.L.
102-227, P.L.
102-486, P.L.
103-66 and, P.L.
104-188,
22excluding section 1311 of P.L.
104-188,
and P.L. 105-34 and changes that indirectly
23affect the provisions applicable to this subchapter made by P.L.
102-227, P.L.
24102-486, P.L.
103-66 and, P.L.
104-188, excluding section 1311 of P.L.
104-188,
and
25P.L. 105-34 apply for Wisconsin purposes at the same time as for federal purposes.
SB316, s. 22
1Section
22. 71.22 (4m) (e) of the statutes, as affected by 1997 Wisconsin Act
2.... (Assembly Bill 100), is amended to read:
SB316,22,233
71.22
(4m) (e) For taxable years that begin after December 31, 1991, and before
4January 1, 1993, "internal revenue code", for corporations that are subject to a tax
5on unrelated business income under s. 71.26 (1) (a), means the federal internal
6revenue code as amended to December 31, 1991, excluding sections 103, 104 and 110
7of P.L.
102-227, and as amended by P.L.
102-318, P.L.
102-486, P.L.
103-66,
8excluding sections 13101 (a) and (c) 1, 13171 and 13174 of P.L.
103-66,
and P.L.
9104-188, excluding section 1311 of P.L.
104-188, and P.L. 105-34, and as indirectly
10affected in the provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203,
11P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508,
12P.L.
102-227, excluding sections 103, 104 and 110 of P.L.
102-227, P.L.
102-318, P.L.
13102-486, P.L.
103-66, excluding sections 13101 (a) and (c) 1, 13171 and 13174 of P.L.
14103-66,
and P.L.
104-188, excluding section 1311 of P.L.
104-188, and P.L. 105-34.
15The internal revenue code applies for Wisconsin purposes at the same time as for
16federal purposes. Amendments to the internal revenue code enacted after December
1731, 1991, do not apply to this paragraph with respect to taxable years beginning after
18December 31, 1991, and before January 1, 1993, except that changes to the internal
19revenue code made by P.L.
102-318, P.L.
102-486, P.L.
103-66 and, P.L.
104-188,
20excluding section 1311 of P.L.
104-188,
and P.L. 105-34 and changes that indirectly
21affect the provisions applicable to this subchapter made by P.L.
102-318, P.L.
22102-486, P.L.
103-66 and, P.L.
104-188, excluding section 1311 of P.L.
104-188,
and
23P.L. 105-34 apply for Wisconsin purposes at the same time as for federal purposes.
SB316, s. 23
24Section
23. 71.22 (4m) (f) of the statutes, as affected by 1997 Wisconsin Act
25.... (Assembly Bill 100), is amended to read:
SB316,23,22
171.22
(4m) (f) For taxable years that begin after December 31, 1992, and before
2January 1, 1994, "internal revenue code", for corporations that are subject to a tax
3on unrelated business income under s. 71.26 (1) (a), means the federal internal
4revenue code as amended to December 31, 1992, excluding sections 103, 104 and 110
5of P.L.
102-227, and as amended by P.L.
103-66, excluding sections 13101 (a) and (c)
61, 13113, 13150, 13171, 13174 and 13203 of P.L.
103-66, P.L.
103-465,
and P.L.
7104-188, excluding section 1311 of P.L.
104-188,
and P.L. 105-34 and as indirectly
8affected in the provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203,
9P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508,
10P.L.
102-227, excluding sections 103, 104 and 110 of P.L.
102-227, P.L.
102-318, P.L.
11102-486, P.L.
103-66, excluding sections 13101 (a) and (c) 1, 13113, 13150, 13171,
1213174 and 13203 of P.L.
103-66, P.L.
103-465 and, P.L.
104-188, excluding section
131311 of P.L.
104-188, and P.L. 105-34. The internal revenue code applies for
14Wisconsin purposes at the same time as for federal purposes. Amendments to the
15internal revenue code enacted after December 31, 1992, do not apply to this
16paragraph with respect to taxable years beginning after December 31, 1992, and
17before January 1, 1994, except that changes to the internal revenue code made by
18P.L.
103-66, P.L.
103-465 and, P.L.
104-188, excluding section 1311 of P.L.
104-188,
19and P.L. 105-34 and changes that indirectly affect the provisions applicable to this
20subchapter made by P.L.
103-66, P.L.
103-465 and, P.L.
104-188, excluding section
211311 of P.L.
104-188,
and P.L. 105-34 apply for Wisconsin purposes at the same time
22as for federal purposes.
SB316, s. 24
23Section
24. 71.22 (4m) (g) of the statutes, as affected by 1997 Wisconsin Act
24.... (Assembly Bill 100), is amended to read:
SB316,25,2
171.22
(4m) (g) For taxable years that begin after December 31, 1993, and
2before January 1, 1995, "internal revenue code", for corporations that are subject to
3a tax on unrelated business income under s. 71.26 (1) (a), means the federal internal
4revenue code as amended to December 31, 1993, excluding sections 103, 104 and 110
5of P.L.
102-227 and sections 13113, 13150 (d), 13171 (d), 13174, 13203 (d) and 13215
6of P.L.
103-66, and as amended by P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
7104-7, excluding section 1 of P.L.
104-7, P.L.
104-188, excluding section 1311 of P.L.
8104-188, P.L.
104-191 and, P.L.
104-193 and P.L. 105-34 and as indirectly affected
9in the provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
10100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
11102-227, excluding sections 103, 104 and 110 of P.L.
102-227, P.L.
102-318, P.L.
12102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174, 13203
13(d) and 13215 of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7,
14excluding section 1 of P.L.
104-7, P.L.
104-188, excluding section 1311 of P.L.
15104-188, P.L.
104-191 and, P.L.
104-193 and P.L. 105-34. The internal revenue code
16applies for Wisconsin purposes at the same time as for federal purposes.
17Amendments to the internal revenue code enacted after December 31, 1993, do not
18apply to this paragraph with respect to taxable years beginning after
19December 31, 1993, and before January 1, 1995, except that changes to the internal
20revenue code made by P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7,
21excluding section 1 of P.L.
104-7, P.L.
104-188, excluding section 1311 of P.L.
22104-188, P.L.
104-191 and, P.L.
104-193 and P.L. 105-34 and changes that
23indirectly affect the provisions applicable to this subchapter made by P.L.
103-296,
24P.L.
103-337, P.L.
103-465, P.L.
104-7, excluding section 1 of P.L.
104-7, P.L.
1104-188, excluding section 1311 of P.L.
104-188, P.L.
104-191
and, P.L.
104-193 and
2P.L. 105-34 apply for Wisconsin purposes at the same time as for federal purposes.
SB316, s. 25
3Section
25. 71.22 (4m) (h) of the statutes, as affected by 1997 Wisconsin Act
4.... (Assembly Bill 100), is amended to read:
SB316,26,35
71.22
(4m) (h) For taxable years that begin after December 31, 1994, and
6before January 1, 1996, "internal revenue code", for corporations that are subject to
7a tax on unrelated business income under s. 71.26 (1) (a), means the federal internal
8revenue code as amended to December 31, 1994, excluding sections 103, 104 and 110
9of P.L.
102-227 and sections 13113, 13150 (d), 13171 (d), 13174 and 13203 (d) of P.L.
10103-66, and as amended by P.L.
104-7, P.L.
104-188, excluding sections 1202, 1204,
111311 and 1605 of P.L.
104-188, P.L.
104-191 and, P.L.
104-193 and P.L. 105-34 and
12as indirectly affected in the provisions applicable to this subchapter by P.L.
99-514,
13P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239,
14P.L.
101-508, P.L.
102-227, excluding sections 103, 104 and 110 of P.L.
102-227, P.L.
15102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d),
1613174 and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
17104-7, P.L.
104-188, excluding sections 1202, 1204, 1311 and 1605 of P.L.
104-188,
18P.L.
104-191 and, P.L.
104-193 and P.L. 105-34. The internal revenue code applies
19for Wisconsin purposes at the same time as for federal purposes. Amendments to the
20internal revenue code enacted after December 31, 1994, do not apply to this
21paragraph with respect to taxable years beginning after December 31, 1994, and
22before January 1, 1996, except that changes to the internal revenue code made by
23P.L.
104-7, P.L.
104-188, excluding sections 1202, 1204, 1311 and 1605 of P.L.
24104-188, P.L.
104-191 and, P.L.
104-193 and P.L. 105-34, and changes that
25indirectly affect the provisions applicable to this subchapter made by P.L.
104-7.,
1P.L.
104-188, excluding sections 1202, 1204, 1311 and 1605 of P.L.
104-188, P.L.
2104-191 and, P.L.
104-193 and P.L. 105-34 apply for Wisconsin purposes at the same
3time as for federal purposes.
SB316, s. 26
4Section
26. 71.22 (4m) (i) of the statutes, as affected by 1997 Wisconsin Act
5.... (Assembly Bill 100), is amended to read:
SB316,27,46
71.22
(4m) (i) For taxable years that begin after December 31, 1995, and before
7January 1, 1997, "internal revenue code", for corporations that are subject to a tax
8on unrelated business income under s. 71.26 (1) (a), means the federal internal
9revenue code as amended to December 31, 1995, excluding sections 103, 104 and 110
10of P.L.
102-227 and sections 13113, 13150 (d), 13171 (d), 13174 and 13203 (d) of P.L.
11103-66, and as amended by P.L.
104-188, excluding sections 1123, 1202, 1204, 1311
12and 1605 of P.L.
104-188, P.L.
104-191 and, P.L.
104-193, P.L. 105-33 and P.L.
13105-34 and as indirectly affected in the provisions applicable to this subchapter by
14P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179,
15P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104 and 110 of P.L.
16102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections 13113, 13150
17(d), 13171 (d), 13174 and 13203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
18103-465, P.L.
104-7, P.L.
104-188, excluding sections 1123, 1202, 1204, 1311 and
191605 of P.L.
104-188, P.L.
104-191 and, P.L.
104-193, PL. 105-33 and P.L. 105-34.
20The internal revenue code applies for Wisconsin purposes at the same time as for
21federal purposes. Amendments to the internal revenue code enacted after
22December 31, 1995, do not apply to this paragraph with respect to taxable years
23beginning after December 31, 1995, and before January 1, 1997
, except that changes
24to the Internal Revenue Code made by P.L.
104-188, excluding sections 1123, 1202,
251204, 1311 and 1605 of P.L.
104-188, P.L.
104-191 and
, P.L.
104-193, P.L. 105-33
1and P.L. 105-34 and changes that indirectly affect the provisions applicable to this
2subchapter made by P.L.
104-188, excluding sections 1123, 1202, 1204, 1311 and
31605 of P.L.
104-188, P.L.
104-191 and, P.L.
104-193, P.L. 105-33 and P.L. 105-34 4apply for Wisconsin purposes at the same time as for federal purposes.
SB316, s. 27
5Section
27. 71.22 (4m) (j) of the statutes, as created by 1997 Wisconsin Act ....
6(Assembly Bill 100), is amended to read:
SB316,28,27
71.22
(4m) (j) For taxable years that begin after December 31, 1996,
and before
8January 1, 1998, "Internal Revenue Code", for corporations that are subject to a tax
9on unrelated business income under s. 71.26 (1) (a), means the federal Internal
10Revenue Code as amended to December 31, 1996, excluding sections 103, 104 and
11110 of P.L.
102-227, sections 13113, 13150 (d), 13171 (d), 13174 and 13203 (d) of P.L.
12103-66, and sections 1123 (b), 1202 (c), 1204 (f), 1311 and 1605 (d) of P.L.
104-188 13and as amended by P.L. 105-33 and P.L. 105-34 and as indirectly affected in the
14provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647,
15P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227,
16excluding sections 103, 104 and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
17103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174 and 13203 (d) of P.L.
18103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
104-188,
19excluding sections 1123 (b), 1202 (c), 1204 (f), 1311 and 1605 (d) of P.L.
104-188, P.L.
20104-191 and, P.L.
104-193, P.L. 105-33 and P.L. 105-34. The Internal Revenue Code
21applies for Wisconsin purposes at the same time as for federal purposes.
22Amendments to the Internal Revenue Code enacted after December 31, 1996, do not
23apply to this paragraph with respect to taxable years beginning after
24December 31, 1996
, and before January 1, 1998, except that changes to the Internal
25Revenue Code made by P.L. 105-33 and P.L. 105-34 and changes that indirectly
1affect provisions applicable to this subchapter made by P.L. 105-33 and P.L. 105-34
2apply for Wisconsin purposes at the same time as for federal purposes.
SB316, s. 28
3Section
28. 71.22 (4m) (k) of the statutes is created to read:
SB316,28,194
71.22
(4m) (k) For taxable years that begin after December 31, 1997, "Internal
5Revenue Code", for corporations that are subject to a tax on unrelated business
6income under s. 71.26 (1) (a), means the federal Internal Revenue Code as amended
7to December 31, 1996, excluding sections 103, 104 and 110 of P.L.
102-227, sections
813113, 13150 (d), 13171 (d), 13174 and 13203 (d) of P.L.
103-66, and sections 1123
9(b), 1202 (c), 1204 (f), 1311 and 1605 (d) of P.L.
104-188 and as indirectly affected in
10the provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
11100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
12102-227, excluding sections 103, 104 and 110 of P.L.
102-227, P.L.
102-318, P.L.
13102-486, P.L.
103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174 and
1413203 (d) of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, P.L.
15104-188, excluding sections 1123 (b), 1202 (c), 1204 (f), 1311 and 1605 (d) of P.L.
16104-188, P.L.
104-191 and P.L.
104-193. The Internal Revenue Code applies for
17Wisconsin purposes at the same time as for federal purposes. Amendments to the
18Internal Revenue Code enacted after December 31, 1996, do not apply to this
19paragraph with respect to taxable years beginning after December 31, 1997.
SB316, s. 29
20Section
29. 71.26 (2) (b) 5. of the statutes, as affected by 1997 Wisconsin Act
21.... (Assembly Bill 100), is amended to read:
SB316,30,1122
71.26
(2) (b) 5. For taxable years that begin after December 31, 1989, and before
23January 1, 1991, for a corporation, conduit or common law trust which qualifies as
24a regulated investment company, real estate mortgage investment conduit or real
25estate investment trust under the internal revenue code as amended to December
131, 1989, and as amended by P.L.
101-508, P.L.
102-227, P.L.
103-66 and, P.L.
2104-188, excluding section 1311 of P.L.
104-188, and P.L. 105-34 and as indirectly
3affected in the provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203,
4P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508,
5P.L.
102-227, P.L.
103-66 and, P.L.
104-188, excluding section 1311 of P.L.
104-188,
6and P.L. 105-34 "net income" means the federal regulated investment company
7taxable income, federal real estate mortgage investment conduit taxable income or
8federal real estate investment trust taxable income of the corporation, conduit or
9trust as determined under the internal revenue code as amended to December 31,
101989, and as amended by P.L.
101-508, P.L.
102-227, P.L.
103-66 and, P.L.
104-188,
11excluding section 1311 of P.L.
104-188,
and P.L. 105-34 and as indirectly affected in
12the provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
13100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
14102-227, P.L.
103-66 and, P.L.
104-188, excluding section 1311 of P.L.
104-188,
and
15P.L. 105-34 except that property that, under s. 71.02 (1) (c) 8. to 11., 1985 stats., is
16required to be depreciated for taxable years 1983 to 1986 under the internal revenue
17code as amended to December 31, 1980, shall continue to be depreciated under the
18internal revenue code as amended to December 31, 1980, and except that the
19appropriate amount shall be added or subtracted to reflect differences between the
20depreciation or adjusted basis for federal income tax purposes and the depreciation
21or adjusted basis under this chapter of any property disposed of during the taxable
22year. The internal revenue code as amended to December 31, 1989, and as amended
23by P.L.
101-508, P.L.
102-227, P.L.
103-66 and, P.L.
104-188, excluding section 1311
24of P.L.
104-188,
and P.L. 105-34 and as indirectly affected in the provisions
25applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
1101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, P.L.
2103-66 and, P.L.
104-188, excluding section 1311 of P.L.
104-188,
and P.L. 105-34 3applies for Wisconsin purposes at the same time as for federal purposes.
4Amendments to the internal revenue code enacted after December 31, 1989, do not
5apply to this subdivision with respect to taxable years that begin after December 31,
61989, and before January 1, 1991, except that changes to the internal revenue code
7made by P.L.
101-508, P.L.
102-227, P.L.
103-66 and, P.L.
104-188, excluding
8section 1311 of P.L.
104-188,
and P.L. 105-34 and changes that indirectly affect the
9provisions applicable to this subchapter made by P.L.
101-508, P.L.
102-227, P.L.
10103-66 and, P.L.
104-188, excluding section 1311 of P.L.
104-188,
and P.L. 105-34 11apply for Wisconsin purposes at the same time as for federal purposes.
SB316, s. 30
12Section
30. 71.26 (2) (b) 6. of the statutes, as affected by 1997 Wisconsin Act
13.... (Assembly Bill 100), is amended to read:
SB316,32,414
71.26
(2) (b) 6. For taxable years that begin after December 31, 1990, and before
15January 1, 1992, for a corporation, conduit or common law trust which qualifies as
16a regulated investment company, real estate mortgage investment conduit or real
17estate investment trust under the internal revenue code as amended to December
1831, 1990, and as amended by P.L.
102-227, P.L.
102-486, P.L.
103-66
and, P.L.
19104-188, excluding section 1311 of P.L.
104-188,
and P.L. 105-34 and as indirectly
20affected in the provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203,
21P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508,
22P.L.
102-227, P.L.
102-486, P.L.
103-66 and, P.L.
104-188, excluding section 1311
23of P.L.
104-188,
and P.L. 105-34 "net income" means the federal regulated
24investment company taxable income, federal real estate mortgage investment
25conduit taxable income or federal real estate investment trust taxable income of the
1corporation, conduit or trust as determined under the internal revenue code as
2amended to December 31, 1990, and as amended by P.L.
102-227, P.L.
102-486, P.L.
3103-66 and, P.L.
104-188, excluding section 1311 of P.L.
104-188,
and P.L. 105-34 4and as indirectly affected in the provisions applicable to this subchapter by P.L.
599-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
6101-239, P.L.
101-508, P.L.
102-227, P.L.
102-486, P.L.
103-66 and, P.L.
104-188,
7excluding section 1311 of P.L.
104-188,
and P.L. 105-34 except that property that,
8under s. 71.02 (1) (c) 8. to 11., 1985 stats., is required to be depreciated for taxable
9years 1983 to 1986 under the internal revenue code as amended to December 31,
101980, shall continue to be depreciated under the internal revenue code as amended
11to December 31, 1980, and except that the appropriate amount shall be added or
12subtracted to reflect differences between the depreciation or adjusted basis for
13federal income tax purposes and the depreciation or adjusted basis under this
14chapter of any property disposed of during the taxable year. The internal revenue
15code as amended to December 31, 1990, and as amended by P.L.
102-227, P.L.
16102-486, P.L.
103-66 and, P.L.
104-188, excluding section 1311 of P.L.
104-188,
and
17P.L. 105-34 and as indirectly affected in the provisions applicable to this subchapter
18by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179,
19P.L.
101-239, P.L.
101-508, P.L.
102-227, P.L.
102-486, P.L.
103-66
and, P.L.
20104-188, excluding section 1311 of P.L.
104-188,
and P.L. 105-34 applies for
21Wisconsin purposes at the same time as for federal purposes. Amendments to the
22internal revenue code enacted after December 31, 1990, do not apply to this
23subdivision with respect to taxable years that begin after December 31, 1990, and
24before January 1, 1992, except that changes to the internal revenue code made by
25P.L.
102-227, P.L.
102-486, P.L.
103-66 and, P.L.
104-188, excluding section 1311
1of P.L.
104-188,
and P.L. 105-34 and changes that indirectly affect the provisions
2applicable to this subchapter made by P.L.
102-227, P.L.
102-486, P.L.
103-66 and, 3P.L.
104-188, excluding section 1311 of P.L.
104-188,
and P.L. 105-34 apply for
4Wisconsin purposes at the same time as for federal purposes.
SB316, s. 31
5Section
31. 71.26 (2) (b) 7. of the statutes, as affected by 1997 Wisconsin Act
6.... (Assembly Bill 100), is amended to read:
SB316,34,67
71.26
(2) (b) 7. For taxable years that begin after December 31, 1991, and before
8January 1, 1993, for a corporation, conduit or common law trust which qualifies as
9a regulated investment company, real estate mortgage investment conduit or real
10estate investment trust under the internal revenue code as amended to December
1131, 1991, excluding sections 103, 104 and 110 of P.L.
102-227, and as amended by P.L.
12102-318, P.L.
102-486, P.L.
103-66, excluding sections 13101 (a) and (c) 1, 13171 and
1313174 of P.L.
103-66 and, P.L.
104-188, excluding section 1311 of P.L.
104-188,
and
14P.L. 105-34 and as indirectly affected in the provisions applicable to this subchapter
15by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179,
16P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104 and 110 of P.L.
17102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections 13101 (a) and
18(c) 1, 13171 and 13174 of P.L.
103-66,
and P.L.
104-188, excluding section 1311 of P.L.
19104-188,
and P.L. 105-34 "net income" means the federal regulated investment
20company taxable income, federal real estate mortgage investment conduit taxable
21income or federal real estate investment trust taxable income of the corporation,
22conduit or trust as determined under the internal revenue code as amended to
23December 31, 1991, excluding sections 103, 104 and 110 of P.L.
102-227, and as
24amended by P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections 13101 (a)
25and (c) 1, 13171 and 13174 of P.L.
103-66,
and P.L.
104-188, excluding section 1311
1of P.L.
104-188,
and P.L. 105-34 and as indirectly affected in the provisions
2applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
3101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227,
4excluding sections 103, 104 and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
5103-66, excluding sections 13101 (a) and (c) 1, 13171 and 13174 of P.L.
103-66,
and 6P.L.
104-188, excluding section 1311 of P.L.
104-188,
and P.L. 105-34 except that
7property that, under s. 71.02 (1) (c) 8. to 11., 1985 stats., is required to be depreciated
8for taxable years 1983 to 1986 under the internal revenue code as amended to
9December 31, 1980, shall continue to be depreciated under the internal revenue code
10as amended to December 31, 1980, and except that the appropriate amount shall be
11added or subtracted to reflect differences between the depreciation or adjusted basis
12for federal income tax purposes and the depreciation or adjusted basis under this
13chapter of any property disposed of during the taxable year. The internal revenue
14code as amended to December 31, 1991, excluding sections 103, 104 and 110 of P.L.
15102-227, and as amended by P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding
16sections 13101 (a) and (c) 1, 13171 and 13174 of P.L.
103-66,
and P.L.
104-188,
17excluding section 1311 of P.L.
104-188,
and P.L. 105-34 and as indirectly affected in
18the provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
19100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
20102-227, excluding sections 103, 104 and 110 of P.L.
102-227, P.L.
102-318, P.L.
21102-486, P.L.
103-66, excluding sections 13101 (a) and (c) 1, 13171 and 13174 of P.L.
22103-66,
and P.L.
104-188, excluding section 1311 of P.L.
104-188,
and P.L. 105-34 23applies for Wisconsin purposes at the same time as for federal purposes.
24Amendments to the internal revenue code enacted after December 31, 1991, do not
25apply to this subdivision with respect to taxable years that begin after December 31,
11991, and before January 1, 1993, except that changes to the internal revenue code
2made by P.L.
102-318, P.L.
102-486, P.L.
103-66 and, P.L.
104-188, excluding
3section 1311 of P.L.
104-188,
and P.L. 105-34 and changes that indirectly affect the
4provisions applicable to this subchapter made by P.L.
102-318, P.L.
102-486, P.L.
5103-66 and, P.L.
104-188, excluding section 1311 of P.L.
104-188,
and P.L. 105-34 6apply for Wisconsin purposes at the same time as for federal purposes.
SB316, s. 32
7Section
32. 71.26 (2) (b) 8. of the statutes, as affected by 1997 Wisconsin Act
8.... (Assembly Bill 100), is amended to read:
SB316,36,99
71.26
(2) (b) 8. For taxable years that begin after December 31, 1992, and before
10January 1, 1994, for a corporation, conduit or common law trust which qualifies as
11a regulated investment company, real estate mortgage investment conduit or real
12estate investment trust under the internal revenue code as amended to December
1331, 1992, excluding sections 103, 104 and 110 of P.L.
102-227, and as amended by P.L.
14103-66, excluding sections 13101 (a) and (c) 1., 13113, 13150, 13171, 13174 and
1513203 of P.L.
103-66, P.L.
103-465 and, P.L.
104-188, excluding section 1311 of P.L.
16104-188,
and P.L. 105-34 and as indirectly affected in the provisions applicable to
17this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
18101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections
19103, 104 and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding
20sections 13101 (a) and (c) 1, 13113, 13150, 13171, 13174 and 13203 of P.L.
103-66,
21P.L.
103-465 and, P.L.
104-188, excluding section 1311 of P.L.
104-188,
and P.L.
22105-34 "net income" means the federal regulated investment company taxable
23income, federal real estate mortgage investment conduit taxable income or federal
24real estate investment trust taxable income of the corporation, conduit or trust as
25determined under the internal revenue code as amended to December 31, 1992,
1excluding sections 103, 104 and 110 of P.L.
102-227, and as amended by P.L.
103-66,
2excluding sections 13101 (a) and (c) 1, 13113, 13150, 13171, 13174 and 13203 of P.L.
3103-66, P.L.
103-465 and, P.L.
104-188, excluding section 1311 of P.L.
104-188,
and
4P.L. 105-34 and as indirectly affected in the provisions applicable to this subchapter
5by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179,
6P.L.
101-239, P.L.
101-508, P.L.
102-227, excluding sections 103, 104 and 110 of P.L.
7102-227, P.L.
102-318, P.L.
102-486, P.L.
103-66, excluding sections 13101 (a) and
8(c) 1., 13113, 13150, 13171, 13174 and 13203 of P.L.
103-66, P.L.
103-465 and, P.L.
9104-188, excluding section 1311 of P.L.
104-188,
and P.L. 105-34 except that
10property that, under s. 71.02 (1) (c) 8. to 11., 1985 stats., is required to be depreciated
11for taxable years 1983 to 1986 under the internal revenue code as amended to
12December 31, 1980, shall continue to be depreciated under the internal revenue code
13as amended to December 31, 1980, and except that the appropriate amount shall be
14added or subtracted to reflect differences between the depreciation or adjusted basis
15for federal income tax purposes and the depreciation or adjusted basis under this
16chapter of any property disposed of during the taxable year. The internal revenue
17code as amended to December 31, 1992, excluding sections 103, 104 and 110 of P.L.
18102-227, and as amended by P.L.
103-66, excluding sections 13101 (a) and (c) 1,
1913113, 13150, 13171, 13174 and 13203 of P.L.
103-66, P.L.
103-465
and, P.L.
20104-188, excluding section 1311 of P.L.
104-188,
and P.L. 105-34 and as indirectly
21affected in the provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203,
22P.L.
100-647, P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508,
23P.L.
102-227, excluding sections 103, 104 and 110 of P.L.
102-227, P.L.
102-318, P.L.
24102-486, P.L.
103-66, excluding sections 13101 (a) and (c) 1, 13113, 13150, 13171,
2513174 and 13203 of P.L.
103-66, P.L.
103-465 and, P.L.
104-188, excluding section
11311 of P.L.
104-188,
and P.L. 105-34 applies for Wisconsin purposes at the same
2time as for federal purposes. Amendments to the internal revenue code enacted after
3December 31, 1992, do not apply to this subdivision with respect to taxable years that
4begin after December 31, 1992, and before January 1, 1994, except that changes to
5the internal revenue code made by P.L.
103-66, P.L.
103-465 and, P.L.
104-188,
6excluding section 1311 of P.L.
104-188,
and P.L. 105-34 and changes that indirectly
7affect the provisions applicable to this subchapter made by P.L.
103-66, P.L.
103-465 8and, P.L.
104-188, excluding section 1311 of P.L.
104-188,
and P.L. 105-34 apply for
9Wisconsin purposes at the same time as for federal purposes.
SB316, s. 33
10Section
33. 71.26 (2) (b) 9. of the statutes, as affected by 1997 Wisconsin Act
11.... (Assembly Bill 100), is amended to read:
SB316,38,2212
71.26
(2) (b) 9. For taxable years that begin after December 31, 1993, and
13before January 1, 1995, for a corporation, conduit or common law trust which
14qualifies as a regulated investment company, real estate mortgage investment
15conduit or real estate investment trust under the internal revenue code as amended
16to December 31, 1993, excluding sections 103, 104 and 110 of P.L.
102-227 and
17sections 13113, 13150 (d), 13171 (d), 13174, 13203 (d) and 13215 of P.L.
103-66, and
18as amended by P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, excluding
19section 1 of P.L.
104-7, P.L.
104-188, excluding section 1311 of P.L.
104-188, P.L.
20104-191 and, P.L.
104-193 and P.L. 105-34 and as indirectly affected in the
21provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647,
22P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227,
23excluding sections 103, 104 and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
24103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174, 13203 (d) and 13215
25of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, excluding
1section 1 of P.L.
104-7, P.L.
104-188, excluding section 1311 of P.L.
104-188, P.L.
2104-191 and, P.L.
104-193 and P.L. 105-34 "net income" means the federal regulated
3investment company taxable income, federal real estate mortgage investment
4conduit taxable income or federal real estate investment trust taxable income of the
5corporation, conduit or trust as determined under the internal revenue code as
6amended to December 31, 1993, excluding sections 103, 104 and 110 of P.L.
102-227 7and sections 13113, 13150 (d), 13171 (d), 13174, 13203 (d) and 13215 of P.L.
103-66,
8and as amended by P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, excluding
9section 1 of P.L.
104-7, P.L.
104-188, excluding section 1311 of P.L.
104-188, P.L.
10104-191 and, P.L.
104-193 and P.L. 105-34 and as indirectly affected in the
11provisions applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647,
12P.L.
101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227,
13excluding sections 103, 104 and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
14103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174, 13203 (d) and 13215
15of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, excluding
16section 1 of P.L.
104-7, P.L.
104-188, excluding section 1311 of P.L.
104-188, P.L.
17104-191 and, P.L.
104-193,
and P.L. 105-34 except that property that, under s. 71.02
18(1) (c) 8. to 11., 1985 stats., is required to be depreciated for taxable years 1983 to 1986
19under the internal revenue code as amended to December 31, 1980, shall continue
20to be depreciated under the internal revenue code as amended to December 31, 1980,
21and except that the appropriate amount shall be added or subtracted to reflect
22differences between the depreciation or adjusted basis for federal income tax
23purposes and the depreciation or adjusted basis under this chapter of any property
24disposed of during the taxable year. The internal revenue code as amended to
25December 31, 1993, excluding sections 103, 104 and 110 of P.L.
102-227 and sections
113113, 13150 (d), 13171 (d), 13174, 13203 (d) and 13215 of P.L.
103-66, and as
2amended by P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, excluding section
31 of P.L.
104-7, P.L.
104-188, excluding section 1311 of P.L.
104-188, P.L.
104-191 4and, P.L.
104-193 and P.L. 105-34 and as indirectly affected in the provisions
5applicable to this subchapter by P.L.
99-514, P.L.
100-203, P.L.
100-647, P.L.
6101-73, P.L.
101-140, P.L.
101-179, P.L.
101-239, P.L.
101-508, P.L.
102-227,
7excluding sections 103, 104 and 110 of P.L.
102-227, P.L.
102-318, P.L.
102-486, P.L.
8103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174, 13203 (d) and 13215
9of P.L.
103-66, P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, excluding
10section 1 of P.L.
104-7, P.L.
104-188, excluding section 1311 of P.L.
104-188, P.L.
11104-191 and, P.L.
104-193 and P.L. 105-34 applies for Wisconsin purposes at the
12same time as for federal purposes. Amendments to the internal revenue code
13enacted after December 31, 1993, do not apply to this subdivision with respect to
14taxable years that begin after December 31, 1993, and before January 1, 1995,
15except that changes to the internal revenue code made by P.L.
103-296, P.L.
103-337,
16P.L.
103-465, P.L.
104-7, excluding section 1 of P.L.
104-7, P.L.
104-188, excluding
17section 1311 of P.L.
104-188, P.L.
104-191 and, P.L.
104-193 and P.L. 105-34 and
18changes that indirectly affect the provisions applicable to this subchapter made by
19P.L.
103-296, P.L.
103-337, P.L.
103-465, P.L.
104-7, excluding section 1 of P.L.
20104-7, P.L.
104-188, excluding section 1311 of P.L.
104-188, P.L.
104-191 and, P.L.
21104-193 and P.L. 105-34 apply for Wisconsin purposes at the same time as for federal
22purposes.
SB316, s. 34
23Section
34. 71.26 (2) (b) 10. of the statutes, as affected by 1997 Wisconsin Act
24.... (Assembly Bill 100), is amended to read:
