Wisconsin Legislature: AB1004,9,19

AB1004, s. 5 3Section 5. 71.07 (2dx) (b) 2. of the statutes is amended to read:

AB1004,6,84 71.07 (2dx) (b) 2. The amount determined by multiplying the amount
5determined under s. 560.785 (1) (b) by the number of full-time jobs created in a
6development zone and filled by a member of a targeted group and by then subtracting
7the subsidies paid under s. 49.147 (3) (a) or the subsidies and reimbursements paid
8under s. 49.147 (3) (d) 5. for those jobs.

AB1004, s. 6 9Section 6. 71.07 (2dx) (b) 3. of the statutes is amended to read:

AB1004,6,1410 71.07 (2dx) (b) 3. The amount determined by multiplying the amount
11determined under s. 560.785 (1) (c) by the number of full-time jobs created in a
12development zone and not filled by a member of a targeted group and by then
13subtracting the subsidies paid under s. 49.147 (3) (a) or the subsidies and
14reimbursements paid under s. 49.147 (3) (d) 5. for those jobs.

AB1004, s. 7 15Section 7. 71.07 (2dx) (b) 4. of the statutes is amended to read:

AB1004,6,2216 71.07 (2dx) (b) 4. The amount determined by multiplying the amount
17determined under s. 560.785 (1) (bm) by the number of full-time jobs retained, as
18provided in the rules under s. 560.785, excluding jobs for which a credit has been
19claimed under sub. (2dj), in an enterprise development zone under s. 560.797 and for
20which significant capital investment was made and by then subtracting the
21subsidies paid under s. 49.147 (3) (a) or the subsidies and reimbursements paid
22under s. 49.147 (3) (d) 5. for those jobs.

AB1004, s. 8 23Section 8. 71.07 (2dx) (b) 5. of the statutes is amended to read:

AB1004,7,424 71.07 (2dx) (b) 5. The amount determined by multiplying the amount
25determined under s. 560.785 (1) (c) by the number of full-time jobs retained, as

1provided in the rules under s. 560.785, excluding jobs for which a credit has been
2claimed under sub. (2dj), in a development zone and not filled by a member of a
3targeted group and by then subtracting the subsidies paid under s. 49.147 (3) (a) or
4the subsidies and reimbursements paid under s. 49.147 (3) (d) 5. for those jobs.

AB1004, s. 9 5Section 9. 71.28 (1dx) (b) 2. of the statutes is amended to read:

AB1004,7,106 71.28 (1dx) (b) 2. The amount determined by multiplying the amount
7determined under s. 560.785 (1) (b) by the number of full-time jobs created in a
8development zone and filled by a member of a targeted group and by then subtracting
9the subsidies paid under s. 49.147 (3) (a) or the subsidies and reimbursements paid
10under s. 49.147 (3) (d) 5. for those jobs.

AB1004, s. 10 11Section 10. 71.28 (1dx) (b) 3. of the statutes is amended to read:

AB1004,7,1612 71.28 (1dx) (b) 3. The amount determined by multiplying the amount
13determined under s. 560.785 (1) (c) by the number of full-time jobs created in a
14development zone and not filled by a member of a targeted group and by then
15subtracting the subsidies paid under s. 49.147 (3) (a) or the subsidies and
16reimbursements paid under s. 49.147 (3) (d) 5. for those jobs.

AB1004, s. 11 17Section 11. 71.28 (1dx) (b) 4. of the statutes is amended to read:

AB1004,7,2418 71.28 (1dx) (b) 4. The amount determined by multiplying the amount
19determined under s. 560.785 (1) (bm) by the number of full-time jobs retained, as
20provided in the rules under s. 560.785, excluding jobs for which a credit has been
21claimed under sub. (1dj), in an enterprise development zone under s. 560.797 and for
22which significant capital investment was made and by then subtracting the
23subsidies paid under s. 49.147 (3) (a) or the subsidies and reimbursements paid
24under s. 49.147 (3) (d) 5. for those jobs.

AB1004, s. 12 25Section 12. 71.28 (1dx) (b) 5. of the statutes is amended to read:

AB1004,8,6

171.28 (1dx) (b) 5. The amount determined by multiplying the amount
2determined under s. 560.785 (1) (c) by the number of full-time jobs retained, as
3provided in the rules under s. 560.785, excluding jobs for which a credit has been
4claimed under sub. (1dj), in a development zone and not filled by a member of a
5targeted group and by then subtracting the subsidies paid under s. 49.147 (3) (a) or
6the subsidies and reimbursements paid under s. 49.147 (3) (d) 5. for those jobs.

AB1004, s. 13 7Section 13. 71.47 (1dx) (b) 2. of the statutes is amended to read:

AB1004,8,128 71.47 (1dx) (b) 2. The amount determined by multiplying the amount
9determined under s. 560.785 (1) (b) by the number of full-time jobs created in a
10development zone and filled by a member of a targeted group and by then subtracting
11the subsidies paid under s. 49.147 (3) (a) or the subsidies and reimbursements paid
12under s. 49.147 (3) (d) 5. for those jobs.

AB1004, s. 14 13Section 14. 71.47 (1dx) (b) 3. of the statutes is amended to read:

AB1004,8,1814 71.47 (1dx) (b) 3. The amount determined by multiplying the amount
15determined under s. 560.785 (1) (c) by the number of full-time jobs created in a
16development zone and not filled by a member of a targeted group and by then
17subtracting the subsidies paid under s. 49.147 (3) (a) or the subsidies and
18reimbursements paid under s. 49.147 (3) (d) 5. for those jobs.

AB1004, s. 15 19Section 15. 71.47 (1dx) (b) 4. of the statutes is amended to read:

AB1004,9,220 71.47 (1dx) (b) 4. The amount determined by multiplying the amount
21determined under s. 560.785 (1) (bm) by the number of full-time jobs retained, as
22provided in the rules under s. 560.785, excluding jobs for which a credit has been
23claimed under sub. (1dj), in an enterprise development zone under s. 560.797 and for
24which significant capital investment was made and by then subtracting the

1subsidies paid under s. 49.147 (3) (a) or the subsidies and reimbursements paid
2under s. 49.147 (3) (d) 5. for those jobs.

AB1004, s. 16 3Section 16. 71.47 (1dx) (b) 5. of the statutes is amended to read:

AB1004,9,94 71.47 (1dx) (b) 5. The amount determined by multiplying the amount
5determined under s. 560.785 (1) (c) by the number of full-time jobs retained, as
6provided in the rules under s. 560.785, excluding jobs for which a credit has been
7claimed under sub. (1dj), in a development zone and not filled by a member of a
8targeted group and by then subtracting the subsidies paid under s. 49.147 (3) (a) or
9the subsidies and reimbursements paid under s. 49.147 (3) (d) 5. for those jobs.

AB1004, s. 17 10Section 17. 227.01 (13) (zL) of the statutes is created to read:

AB1004,9,1211 227.01 (13) (zL) Relates to the trial jobs plus pilot project under s. 49.147 (3)
12(d).

AB1004, s. 18 13Section 18. 227.01 (13) (zL) of the statutes, as created by 2005 Wisconsin Act
14.... (this act), is repealed.

AB1004, s. 19 15Section 19. 2003 Wisconsin Act 33, section 9159 (4f) is repealed.

AB1004, s. 20 16Section 20. Initial applicability.

AB1004,9,1917 (1) Development zones tax credits. The treatment of sections 71.07 (2dx) (b)
182., 3., 4., and 5., 71.28 (1dx) (b) 2., 3., 4., and 5., and 71.47 (1dx) (b) 2., 3., 4., and 5.
19of the statutes first applies to taxable years beginning on January 1, 2007.

AB1004, s. 21 20Section 21. Effective dates. This act takes effect on the day after publication,
21except as follows:

AB1004,9,2322 (1) Trial jobs plus rules exclusion. The repeal of section 227.01 (13) (zL) of
23the statutes takes effect on January 1, 2009.

AB1004,9,2424 (End)