SB40,900,1414
a. Building construction, including storage and warehouse facilities.
SB40,900,1515
b. Building additions.
SB40,900,1616
c. Upgrades to utilities, including water, electric, heat, and waste facilities.
SB40,900,1717
d. Milk intake and storage equipment.
SB40,900,2018
e. Processing and manufacturing equipment, including pipes, motors, pumps,
19valves, pasteurizers, homogenizers, vats, evaporators, dryers, concentrators, and
20churns.
SB40,900,2221
f. Packaging and handling equipment, including sealing, bagging, boxing,
22labeling, conveying, and product movement equipment.
SB40,900,2323
g. Warehouse equipment, including storage racks.
SB40,901,3
1h. Waste treatment and waste management equipment, including tanks,
2blowers, separators, dryers, digesters, and equipment that uses waste to produce
3energy, fuel, or industrial products.
SB40,901,64
i. Computer software and hardware used for managing the claimant's dairy
5manufacturing operation, including software and hardware related to logistics,
6inventory management, and production plant controls.
SB40,901,87
4. "Used exclusively" means used to the exclusion of all other uses except for
8use not exceeding 5 percent of total use.
SB40,901,149
(b)
Filing claims. Subject to the limitations provided in this subsection, for
10taxable years beginning after December 31, 2006, and before January 1, 2015, a
11claimant may claim as a credit against the taxes imposed under s. 71.02, up to the
12amount of the tax, an amount equal to 10 percent of the amount the claimant paid
13in the taxable year for dairy manufacturing modernization or expansion related to
14the claimant's dairy manufacturing operation.
SB40,901,1715
(c)
Limitations. 1. No credit may be allowed under this subsection for any
16amount that the claimant paid for expenses described under par. (b) that the
17claimant also claimed as a deduction under section
162 of the Internal Revenue Code.
SB40,901,1918
2. The aggregate amount of credits that a claimant may claim under this
19subsection is $200,000.
SB40,902,320
3. Partnerships, limited liability companies, and tax-option corporations may
21not claim the credit under this subsection, but the eligibility for, and the amount of,
22the credit are based on their payment of expenses under par. (b), except that the
23aggregate amount of credits that the entity may compute shall not exceed $200,000.
24A partnership, limited liability company, or tax-option corporation shall compute
25the amount of credit that each of its partners, members, or shareholders may claim
1and shall provide that information to each of them. Partners, members of limited
2liability companies, and shareholders of tax-option corporations may claim the
3credit in proportion to their ownership interest.
SB40,902,74
4. If 2 or more persons own and operate the dairy manufacturing operation,
5each person may claim a credit under par. (b) in proportion to his or her ownership
6interest, except that the aggregate amount of the credits claimed by all persons who
7own and operate the farm shall not exceed $200,000.
SB40,902,98
(d)
Administration. Section 71.28 (4) (e) to (h), as it applies to the credit under
9s. 71.28 (4), applies to the credit under this subsection.
SB40, s. 1967
10Section
1967. 71.07 (3w) (a) 5m. of the statutes is created to read:
SB40,902,1211
71.07
(3w) (a) 5m. "Wages" means wages under section
3306 (b) of the Internal
12Revenue Code, determined without regard to any dollar limitations.
SB40, s. 1968
13Section
1968. 71.07 (3w) (a) 6. of the statutes is amended to read:
SB40,902,1814
71.07
(3w) (a) 6. "Zone payroll" means the amount of state payroll that is
15attributable to
compensation wages paid to
individuals full-time employees for
16services that are performed in
a an enterprise zone. "Zone payroll" does not include
17the amount of
compensation wages paid to any
individuals full-time employees that
18exceeds $100,000.
SB40, s. 1969
19Section
1969. 71.07 (3w) (b) 1. a. of the statutes is amended to read:
SB40,902,2520
71.07
(3w) (b) 1. a. The
claimant's zone payroll in the taxable year, minus the
21claimant's zone payroll number of full-time employees whose annual wages are
22greater than $30,000 and who the claimant employed in the enterprise zone in the
23taxable year, minus the number of full-time employees whose annual wages were
24greater than $30,000 and who the claimant employed in the area that comprises the
25enterprise zone in the base year.
SB40, s. 1970
1Section
1970. 71.07 (3w) (b) 1. b. of the statutes is amended to read:
SB40,903,62
71.07
(3w) (b) 1. b. The
claimant's state payroll in the taxable year, minus the
3claimant's state payroll number of full-time employees whose annual wages are
4greater than $30,000 and who the claimant employed in the state in the taxable year,
5minus the number of full-time employees whose annual wages were greater than
6$30,000 and who the claimant employed in the state in the base year.
SB40, s. 1971
7Section
1971. 71.07 (3w) (b) 2. of the statutes is amended to read:
SB40,903,138
71.07
(3w) (b) 2.
Subtract the number of Determine the claimant's average
9zone payroll by dividing total wages for full-time employees
that whose annual
10wages are greater than $30,000 and who the claimant employed in
the area that
11comprises the enterprise zone in the
base taxable year
from by the number of
12full-time employees
that whose annual wages are greater than $30,000 and who the
13claimant employed in the enterprise zone in the taxable year.
SB40, s. 1972
14Section
1972. 71.07 (3w) (b) 3. of the statutes is amended to read:
SB40,903,1615
71.07
(3w) (b) 3.
Multiply Subtract $30,000 from the amount determined under
16subd. 2.
, but not an amount less than zero, by $30,000.
SB40, s. 1973
17Section
1973. 71.07 (3w) (b) 4. of the statutes is amended to read:
SB40,903,1918
71.07
(3w) (b) 4.
Subtract Multiply the amount determined under subd. 3.
from 19by the amount determined under subd. 1.
SB40, s. 1974
20Section
1974. 71.07 (3w) (bm) (intro.) and 4. of the statutes are consolidated,
21renumbered 71.07 (3w) (bm) and amended to read:
SB40,904,622
71.07
(3w) (bm)
Filing supplemental claims. In addition to the credit under
23par. (b) and subject to the limitations provided in this subsection and s. 560.799, a
24claimant may claim as a credit against the tax imposed under s. 71.02 or 71.08 an
25amount equal to
all of the following: 4. The the amount the claimant paid in the
1taxable year to upgrade or improve the
job-related skills of any of the claimant's
2full-time employees, to train any of the claimant's full-time employees on the use
3of
job-related new technologies, or to
train provide job-related training to any
4full-time employee whose employment with the claimant represents the employee's
5first full-time job. This subdivision does not apply to employees who do not work in
6 a an enterprise zone.
SB40, s. 1975
7Section
1975. 71.07 (3w) (bm) 3. of the statutes is repealed.
SB40, s. 1976
8Section
1976. 71.07 (3w) (d) of the statutes is amended to read:
SB40,904,129
71.07
(3w) (d)
Administration. Section 71.28 (4) (g) and (h), as it applies to the
10credit under s. 71.28 (4), applies to the credit under this subsection.
Claimants shall
11include with their returns a copy of their certification for tax benefits, and a copy of
12the verification of their expenses, from the department of commerce.
SB40, s. 1977
13Section
1977. 71.07 (5b) (c) 1. of the statutes is amended to read:
SB40,904,1614
71.07
(5b) (c) 1.
The Except as provided in s. 73.03 (63), the maximum amount
15of the credits that may be claimed under this subsection and ss. 71.28 (5b) and 71.47
16(5b) for all taxable years combined is
$35,000,000
$52,500,000.
SB40, s. 1978
17Section
1978. 71.07 (5b) (d) of the statutes is renumbered 71.07 (5b) (d) 1.
SB40, s. 1979
18Section
1979. 71.07 (5b) (d) 2. of the statutes is created to read:
SB40,904,2419
71.07
(5b) (d) 2. The Wisconsin adjusted basis of any investment for which a
20credit is claimed under par. (b) shall be reduced by the amount of the credit that is
21offset against Wisconsin income taxes. The Wisconsin basis of a partner's interest
22in a partnership, a member's interest in a limited liability company, or stock in a
23tax-option corporation shall be adjusted to reflect adjustments made under this
24subdivision.
SB40, s. 1980
25Section
1980. 71.07 (5d) (c) 1. of the statutes is amended to read:
SB40,905,3
171.07
(5d) (c) 1.
The Except as provided in s. 73.03 (63), the maximum amount
2of the credits that may be claimed under this subsection for all taxable years
3combined is
$30,000,000 $47,500,000.
SB40, s. 1981
4Section
1981. 71.07 (5d) (c) 2. of the statutes is amended to read:
SB40,905,75
71.07
(5d) (c) 2. The maximum amount of a claimant's investment that may be
6used as the basis for a credit under this subsection is
$500,000 $2,000,000 for each
7investment made directly in a business certified under s. 560.205 (1).
SB40, s. 1982
8Section
1982. 71.07 (5d) (d) 4. of the statutes is created to read:
SB40,905,119
71.07
(5d) (d) 4. The Wisconsin adjusted basis of any investment for which a
10credit is claimed under par. (b) shall be reduced by the amount of the credit that is
11offset against Wisconsin income taxes.
SB40, s. 1983
12Section
1983. 71.07 (5e) (b) of the statutes is amended to read:
SB40,905,1913
71.07
(5e) (b)
Filing claims. Subject to the limitations provided in this
14subsection and subject to
2005 Wisconsin Act 479, section
17, beginning in the first
15taxable year following the taxable year in which the claimant claims
an exemption 16a deduction under s.
77.54 (48)
77.585 (9), a claimant may claim as a credit against
17the taxes imposed under ss. 71.02 and 71.08, up to the amount of those taxes, in each
18taxable year for 2 years, the amount certified by the department of commerce that
19the claimant claimed as
an exemption a deduction under s.
77.54 (48) 77.585 (9).
SB40, s. 1984
20Section
1984. 71.07 (5e) (c) 1. of the statutes is amended to read:
SB40,905,2221
71.07
(5e) (c) 1. No credit may be allowed under this subsection unless the
22claimant satisfies the requirements under s.
77.54 (48) 77.585 (9).
SB40, s. 1985
23Section
1985. 71.07 (5e) (c) 3. of the statutes is amended to read:
SB40,906,224
71.07
(5e) (c) 3. The total amount of the credits and
exemptions deductions that
25may be claimed by all claimants under this subsection and ss. 71.28 (5e), 71.47 (5e),
1and
77.54 (48) 77.585 (9) is $7,500,000, as determined by the department of
2commerce.
SB40, s. 1986
3Section
1986. 71.07 (5h) (a) 4. of the statutes is amended to read:
SB40,906,114
71.07
(5h) (a) 4. "Previously owned property" means real property that the
5claimant or a related person owned during the 2 years prior to doing business in this
6state as a film production company and for which the claimant may not deduct a loss
7from the sale of the property to, or an exchange of the property with, the related
8person under section
267 of the Internal Revenue Code
, except that section 267 of the
9Internal Revenue Code is modified so that if the claimant owns any part of the
10property, rather than 50 percent ownership, the claimant is subject to section 267 of
11the Internal Revenue Code for purposes of this subsection.
SB40, s. 1987
12Section
1987. 71.07 (5h) (c) 2. of the statutes is amended to read:
SB40,906,1713
71.07
(5h) (c) 2. A claimant may claim the credit under par. (b) 2. for an amount
14expended to construct, rehabilitate, remodel, or repair real property, if the claimant
15began the physical work of construction, rehabilitation, remodeling, or repair, or any
16demolition or destruction in preparation for the physical work, after December 31,
172007,
or if and the completed project is placed in service after December 31, 2007.
SB40, s. 1988
18Section
1988. 71.07 (5h) (c) 3. of the statutes is amended to read:
SB40,906,2219
71.07
(5h) (c) 3. A claimant may claim the credit under par. (b) 2. for an amount
20expended to acquire real property, if the property is not previously owned property
21and if the claimant acquires the property after December 31, 2007,
or if and the
22completed project is placed in service after December 31, 2007.
SB40, s. 1989
23Section
1989. 71.07 (5i) of the statutes is created to read:
SB40,906,2524
71.07
(5i) Electronic medical records credit. (a)
Definitions. In this
25subsection, "claimant" means a person who files a claim under this subsection.
SB40,907,7
1(b)
Filing claims. Subject to the limitations provided in this subsection, for
2taxable years beginning after December 31, 2008, a claimant may claim as a credit
3against the taxes imposed under s. 71.02 or 71.08, up to the amount of those taxes,
4an amount equal to 50 percent of the amount the claimant paid in the taxable year
5for information technology hardware or software that is used to maintain medical
6records in electronic form, if the claimant is a health care provider, as defined in s.
7146.81 (1).
SB40,907,108
(c)
Limitations. 1. The maximum amount of the credits that may be claimed
9under this subsection and ss. 71.28 (5i) and 71.47 (5i) in a taxable year is
10$10,000,000, as allocated under s. 560.204.
SB40,907,1811
2. Partnerships, limited liability companies, and tax-option corporations may
12not claim the credit under this subsection, but the eligibility for, and the amount of,
13the credit are based on their payment of amounts under par. (b). A partnership,
14limited liability company, or tax-option corporation shall compute the amount of
15credit that each of its partners, members, or shareholders may claim and shall
16provide that information to each of them. Partners, members of limited liability
17companies, and shareholders of tax-option corporations may claim the credit in
18proportion to their ownership interests.
SB40,907,2019
(d)
Administration. Section 71.28 (4) (e) to (h), as it applies to the credit under
20s. 71.28 (4), applies to the credit under this subsection.
SB40, s. 1990
21Section
1990. 71.07 (5j) of the statutes is created to read:
SB40,907,2322
71.07
(5j) Ethanol and biodiesel fuel pump credit. (a)
Definitions. In this
23subsection:
SB40,907,2424
1. "Biodiesel fuel" has the meaning given in s. 168.14 (2m) (a).
SB40,907,2525
2. "Claimant" means a person who files a claim under this subsection.
SB40,908,1
13. "Motor vehicle fuel" has the meaning given in s. 78.005 (13).
SB40,908,82
(b)
Filing claims. Subject to the limitations provided in this subsection, for
3taxable years beginning after December 31, 2007, and before January 1, 2018, a
4claimant may claim as a credit against the taxes imposed under s. 71.02, up to the
5amount of the taxes, an amount that is equal to 25 percent of the amount that the
6claimant paid in the taxable year to install or retrofit pumps located in this state that
7dispense motor vehicle fuel consisting of at least 85 percent ethanol or at least 20
8percent biodiesel fuel.
SB40,908,129
(c)
Limitations. 1. The maximum amount of the credit that a claimant may
10claim under this subsection in a taxable year is an amount that is equal to $5,000 per
11installed or retrofitted pump that is used as the basis for the credit claimed under
12par. (b).
SB40,908,2013
2. Partnerships, limited liability companies, and tax-option corporations may
14not claim the credit under this subsection, but the eligibility for, and the amount of,
15the credit are based on their payment of amounts under par. (b). A partnership,
16limited liability company, or tax-option corporation shall compute the amount of
17credit that each of its partners, members, or shareholders may claim and shall
18provide that information to each of them. Partners, members of limited liability
19companies, and shareholders of tax-option corporations may claim the credit in
20proportion to their ownership interests.
SB40,908,2221
(d)
Administration. Section 71.28 (4) (e) to (h), as it applies to the credit under
22s. 71.28 (4), applies to the credit under this subsection.
SB40, s. 1991
23Section
1991. 71.08 (1) (intro.) of the statutes is amended to read:
SB40,909,824
71.08
(1) Imposition. (intro.) If the tax imposed on a natural person, married
25couple filing jointly, trust, or estate under s. 71.02, not considering the credits under
1ss. 71.07 (1), (2dd), (2de), (2di), (2dj), (2dL), (2dr), (2ds), (2dx), (2fd),
(3c), (3e), (3m),
2(3n), (3s), (3t), (3w), (5b), (5d), (5e),
(5f), (5f), (5i), (6), (6e), and (9e), 71.28 (1dd), (1de),
3(1di), (1dj), (1dL), (1ds), (1dx), (1fd), (2m), (3), (3n), (3t), and (3w), and 71.47 (1dd),
4(1de), (1di), (1dj), (1dL), (1ds), (1dx), (1fd), (2m), (3), (3n), (3t), and (3w), and subchs.
5VIII and IX and payments to other states under s. 71.07 (7), is less than the tax under
6this section, there is imposed on that natural person, married couple filing jointly,
7trust or estate, instead of the tax under s. 71.02, an alternative minimum tax
8computed as follows:
SB40, s. 1992
9Section
1992. 71.10 (4) (ep) of the statutes is created to read:
SB40,909,1110
71.10
(4) (ep) Dairy manufacturing facility investment credit under s. 71.07
11(3p).
SB40, s. 1993
12Section
1993. 71.10 (4) (gc) of the statutes is created to read:
SB40,909,1313
71.10
(4) (gc)
Ethanol and biodiesel fuel pump credit under s. 71.07 (5j).
SB40, s. 1994
14Section
1994. 71.10 (4) (gxx) of the statutes is created to read:
SB40,909,1515
71.10
(4) (gxx) Electronic medical records credit under s. 71.07 (5i).
SB40, s. 1995
16Section
1995. 71.10 (5) (g) of the statutes is amended to read:
SB40,909,2117
71.10
(5) (g)
Tax return. The secretary of revenue shall provide a place for the
18designations under this subsection on the individual income tax return and
, on forms
19printed by the department of revenue, the secretary shall highlight that place on the
20return by a symbol chosen by the department of revenue that relates to endangered
21resources.
SB40, s. 1996
22Section
1996. 71.10 (5e) (g) of the statutes is amended to read:
SB40,910,223
71.10
(5e) (g)
Tax return. The secretary of revenue shall provide a place for the
24designations under this subsection on the individual income tax return, and
, on
25forms printed by the department of revenue, the secretary shall highlight that place
1on the return by a symbol chosen by the department that relates to a football
2stadium, as defined in s. 229.821 (6).
SB40, s. 1997
3Section
1997. 71.21 (4) of the statutes is amended to read:
SB40,910,74
71.21
(4) Credits computed by a partnership under s. 71.07 (2dd), (2de), (2di),
5(2dj), (2dL), (2dm), (2ds), (2dx), (3g), (3n),
(3p), (3s), (3t), (3w),
(5b), (5e), (5f), (5g),
and 6(5h)
, (5i), and (5j) and passed through to partners shall be added to the partnership's
7income.
SB40, s. 1998
8Section
1998. 71.22 (4) (L) of the statutes is repealed.