LRB-4148/1
JK:bjk:rs
2009 - 2010 LEGISLATURE
April 22, 2010 - Introduced by Representatives Vos, Huebsch, Honadel,
Spanbauer, Bies, Knodl, Petrowski, Brooks, Townsend, LeMahieu, Kerkman,
Meyer, Kaufert, Ziegelbauer, Newcomer, Suder and Gunderson,
cosponsored by Senators Darling, Olsen, Leibham, A. Lasee and Hopper.
Referred to Committee on Jobs, the Economy and Small Business.
AB969,1,2
1An Act to create 71.05 (6) (b) 47., 71.26 (1) (h) and 71.45 (1) (c) of the statutes;
2relating to: income and franchise tax deductions for full-time jobs.
Analysis by the Legislative Reference Bureau
This bill creates income and franchise tax deductions equal to the number of
full-time employees employed by the claimant during the taxable year, multiplied
by $1,000.
Because this bill relates to an exemption from state or local taxes, it may be
referred to the Joint Survey Committee on Tax Exemptions for a report to be printed
as an appendix to the bill.
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:
AB969, s. 1
3Section
1. 71.05 (6) (b) 47. of the statutes is created to read:
AB969,1,54
71.05
(6) (b) 47. An amount equal to the number of full-time employees
5employed by the claimant during the taxable year, multiplied by $1,000.
AB969, s. 2
6Section
2. 71.26 (1) (h) of the statutes is created to read:
AB969,2,2
171.26
(1) (h) An amount equal to the number of full-time employees employed
2by the claimant during the taxable year, multiplied by $1,000.
AB969, s. 3
3Section
3. 71.45 (1) (c) of the statutes is created to read:
AB969,2,54
71.45
(1) (c) An amount equal to the number of full-time employees employed
5by the claimant during the taxable year, multiplied by $1,000.
AB969,2,77
(1) This act first applies to taxable years beginning on January 1, 2010.
