2007 - 2008 LEGISLATURE
January 12, 2007 - Introduced by Representative Schneider. Referred to
Committee on Jobs and The Economy.
AB3,1,7 1An Act to amend 71.07 (5f) (b) (intro.), 71.07 (5f) (c) 1., 71.07 (5h) (b) (intro.),
271.07 (5h) (c) 1., 71.07 (5h) (c) 2., 71.07 (5h) (c) 3., 71.28 (5f) (b) (intro.), 71.28
3(5f) (c) 1., 71.28 (5h) (b) (intro.), 71.28 (5h) (c) 1., 71.28 (5h) (c) 2., 71.28 (5h) (c)
43., 71.47 (5f) (b) (intro.), 71.47 (5f) (c) 1., 71.47 (5h) (b) (intro.), 71.47 (5h) (c) 1.,
571.47 (5h) (c) 2. and 71.47 (5h) (c) 3. of the statutes; relating to: relating to the
6taxable years for which a person may claim the film production services and
7film production company investment credits.
Analysis by the Legislative Reference Bureau
Under current law, for taxable years beginning on or after January 1, 2008, a
film production company may claim income and franchise tax credits for expenses
related to film production services, including a percentage of the salary or wages paid
to the company's employees in this state, and for capital investments made in this
state by the film production company. Under this bill, a film production company
may claim the credits for taxable years beginning on or after January 1, 2007.

For further information see the state fiscal estimate, which will be printed as
an appendix to this bill.
The people of the state of Wisconsin, represented in senate and assembly, do
enact as follows:
AB3, s. 1 1Section 1. 71.07 (5f) (b) (intro.) of the statutes is amended to read:
AB3,2,52 71.07 (5f) (b) Filing claims. (intro.) Subject to the limitations provided in this
3subsection, for taxable years beginning after December 31, 2007 2006, a claimant
4may claim as a credit against the tax imposed under s. 71.02 any of the following
5amounts:
AB3, s. 2 6Section 2. 71.07 (5f) (c) 1. of the statutes is amended to read:
AB3,2,107 71.07 (5f) (c) 1. No amount of the salary or wages paid under par. (b) 1. may
8be the basis for a credit under this subsection unless the salary or wages are paid for
9services rendered after December 31, 2007 2006, and directly incurred to produce the
10accredited production.
AB3, s. 3 11Section 3. 71.07 (5h) (b) (intro.) of the statutes is amended to read:
AB3,2,1812 71.07 (5h) (b) Filing claims. (intro.) Subject to the limitations provided in this
13subsection, for taxable years beginning after December 31, 2007 2006, a claimant
14may claim as a credit against the tax imposed under s. 71.02, up to the amount of the
15taxes, for the first 3 taxable years that the claimant is doing business in this state
16as a film production company, an amount that is equal to 15 percent of the following
17that the claimant paid in the taxable year to establish a film production company in
18this state:
AB3, s. 4 19Section 4. 71.07 (5h) (c) 1. of the statutes is amended to read:
AB3,3,220 71.07 (5h) (c) 1. A claimant may claim the credit under par. (b) 1., if the tangible
21personal property is purchased after December 31, 2007 2006, and the personal

1property is used for at least 50 percent of its use in the claimant's business as a film
2production company.
AB3, s. 5 3Section 5. 71.07 (5h) (c) 2. of the statutes is amended to read:
AB3,3,94 71.07 (5h) (c) 2. A claimant may claim the credit under par. (b) 2. for an amount
5expended to construct, rehabilitate, remodel, or repair real property, if the claimant
6began the physical work of construction, rehabilitation, remodeling, or repair, or any
7demolition or destruction in preparation for the physical work, after December 31,
82007 2006, or if the completed project is placed in service after December 31, 2007
92006.
AB3, s. 6 10Section 6. 71.07 (5h) (c) 3. of the statutes is amended to read:
AB3,3,1411 71.07 (5h) (c) 3. A claimant may claim the credit under par. (b) 2. for an amount
12expended to acquire real property, if the property is not previously owned property
13and if the claimant acquires the property after December 31, 2007 2006, or if the
14completed project is placed in service after December 31, 2007 2006.
AB3, s. 7 15Section 7. 71.28 (5f) (b) (intro.) of the statutes is amended to read:
AB3,3,1916 71.28 (5f) (b) Filing claims. (intro.) Subject to the limitations provided in this
17subsection, for taxable years beginning after December 31, 2007 2006, a claimant
18may claim as a credit against the tax imposed under s. 71.23 any of the following
19amounts:
AB3, s. 8 20Section 8. 71.28 (5f) (c) 1. of the statutes is amended to read:
AB3,3,2421 71.28 (5f) (c) 1. No amount of the salary or wages paid under par. (b) 1. may
22be the basis for a credit under this subsection unless the salary or wages are paid for
23services rendered after December 31, 2007 2006, and directly incurred to produce the
24accredited production.
AB3, s. 9 25Section 9. 71.28 (5h) (b) (intro.) of the statutes is amended to read:
AB3,4,7
171.28 (5h) (b) Filing claims. (intro.) Subject to the limitations provided in this
2subsection, for taxable years beginning after December 31, 2007 2006, a claimant
3may claim as a credit against the tax imposed under s. 71.23, up to the amount of the
4taxes, for the first 3 taxable years that the claimant is doing business in this state
5as a film production company, an amount that is equal to 15 percent of the following
6that the claimant paid in the taxable year to establish a film production company in
7this state:
AB3, s. 10 8Section 10. 71.28 (5h) (c) 1. of the statutes is amended to read:
AB3,4,129 71.28 (5h) (c) 1. A claimant may claim the credit under par. (b) 1., if the tangible
10personal property is purchased after December 31, 2007 2006, and the personal
11property is used for at least 50 percent of its use in the claimant's business as a film
12production company.
AB3, s. 11 13Section 11. 71.28 (5h) (c) 2. of the statutes is amended to read:
AB3,4,1914 71.28 (5h) (c) 2. A claimant may claim the credit under par. (b) 2. for an amount
15expended to construct, rehabilitate, remodel, or repair real property, if the claimant
16began the physical work of construction, rehabilitation, remodeling, or repair, or any
17demolition or destruction in preparation for the physical work, after December 31,
182007 2006, or if the completed project is placed in service after December 31, 2007
192006.
AB3, s. 12 20Section 12. 71.28 (5h) (c) 3. of the statutes is amended to read:
AB3,4,2421 71.28 (5h) (c) 3. A claimant may claim the credit under par. (b) 2. for an amount
22expended to acquire real property, if the property is not previously owned property
23and if the claimant acquires the property after December 31, 2007 2006, or if the
24completed project is placed in service after December 31, 2007 2006.
AB3, s. 13 25Section 13. 71.47 (5f) (b) (intro.) of the statutes is amended to read:
AB3,5,4
171.47 (5f) (b) Filing claims. (intro.) Subject to the limitations provided in this
2subsection, for taxable years beginning after December 31, 2007 2006, a claimant
3may claim as a credit against the tax imposed under s. 71.43 any of the following
4amounts:
AB3, s. 14 5Section 14. 71.47 (5f) (c) 1. of the statutes is amended to read:
AB3,5,96 71.47 (5f) (c) 1. No amount of the salary or wages paid under par. (b) 1. may
7be the basis for a credit under this subsection unless the salary or wages are paid for
8services rendered after December 31, 2007 2006, and directly incurred to produce the
9accredited production.
AB3, s. 15 10Section 15. 71.47 (5h) (b) (intro.) of the statutes is amended to read:
AB3,5,1711 71.47 (5h) (b) Filing claims. (intro.) Subject to the limitations provided in this
12subsection, for taxable years beginning after December 31, 2007 2006, a claimant
13may claim as a credit against the tax imposed under s. 71.43, up to the amount of the
14taxes, for the first 3 taxable years that the claimant is doing business in this state
15as a film production company, an amount that is equal to 15 percent of the following
16that the claimant paid in the taxable year to establish a film production company in
17this state:
AB3, s. 16 18Section 16. 71.47 (5h) (c) 1. of the statutes is amended to read:
AB3,5,2219 71.47 (5h) (c) 1. A claimant may claim the credit under par. (b) 1., if the tangible
20personal property is purchased after December 31, 2007 2006, and the personal
21property is used for at least 50 percent of its use in the claimant's business as a film
22production company.
AB3, s. 17 23Section 17. 71.47 (5h) (c) 2. of the statutes is amended to read:
AB3,6,424 71.47 (5h) (c) 2. A claimant may claim the credit under par. (b) 2. for an amount
25expended to construct, rehabilitate, remodel, or repair real property, if the claimant

1began the physical work of construction, rehabilitation, remodeling, or repair, or any
2demolition or destruction in preparation for the physical work, after December 31,
32007 2006, or if the completed project is placed in service after December 31, 2007
42006.
AB3, s. 18 5Section 18. 71.47 (5h) (c) 3. of the statutes is amended to read:
AB3,6,96 71.47 (5h) (c) 3. A claimant may claim the credit under par. (b) 2. for an amount
7expended to acquire real property, if the property is not previously owned property
8and if the claimant acquires the property after December 31, 2007 2006, or if the
9completed project is placed in service after December 31, 2007 2006.
AB3,6,1010 (End)
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