LRB-4443/2
TKK:nwn:md
2009 - 2010 LEGISLATURE
March 17, 2010 - Introduced by Representatives Zigmunt, Barca, Berceau, Clark,
Fields, Jorgensen, Mason, Molepske Jr., Parisi, Pasch, Soletski and Zepnick,
cosponsored by Senators Hansen and Taylor. Referred to Committee on Jobs,
the Economy and Small Business.
AB864,1,3
1An Act to create 560.799 (5) (e) of the statutes;
relating to: authorizing the
2Department of Commerce to certify for tax benefits a business located in an
3enterprise zone and having a Wisconsin supply chain.
Analysis by the Legislative Reference Bureau
Under current law, the Department of Commerce (Commerce) may designate
an area as an enterprise zone and may certify a taxpayer who creates or retains jobs
in or makes a capital investment in property located in an enterprise zone to claim
certain credits against state income and franchise taxes.
This bill authorizes Commerce to certify a business that is located in an
enterprise zone and that develops or maintains a significant supply chain with other
businesses located in the state, as determined by Commerce.
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:
AB864, s. 1
4Section
1. 560.799 (5) (e) of the statutes is created to read:
AB864,2,3
1560.799
(5) (e) A business located in an enterprise zone if the business develops
2or maintains a significant supply chain, as determined by the department, with one
3or more other businesses located in this state.
