AB40,759,2115 71.07 (2dL) (bm) In calculating the credit under par. (a) a claimant shall reduce
16the amount expended to acquire property by a percentage equal to the percentage of
17the area of the real property not used for the purposes for which the claimant is
18certified to claim tax benefits under s. 560.765 (3), 2009 stats., and shall reduce the
19amount expended for other purposes by the amount expended on the part of the
20property not used for the purposes for which the claimant is certified to claim tax
21benefits under s. 560.765 (3), 2009 stats.
AB40, s. 1787 22Section 1787. 71.07 (2dL) (c) of the statutes is amended to read:
AB40,760,523 71.07 (2dL) (c) If the claimant is located on an Indian reservation, as defined
24in s. 560.86 (5), 2009 stats., and is an American Indian, as defined in s. 560.86 (1),
252009 stats., an Indian business, as defined in s. 560.86 (4), 2009 stats., or a tribal

1enterprise, as defined in sub. (2di) (b) 2., and if the allowable amount of the credit
2under par. (a) exceeds the taxes otherwise due under this chapter on or measured by
3the claimant's income, the amount of the credit not used as an offset against those
4taxes shall be certified to the department of administration for payment to the
5claimant by check, share draft or other draft.
AB40, s. 1788 6Section 1788. 71.07 (2dm) (a) 1. of the statutes is amended to read:
AB40,760,107 71.07 (2dm) (a) 1. "Certified" means entitled under s. 238.395 (3) (a) 4. or s.
8560.795 (3) (a) 4., 2009 stats., to claim tax benefits or certified under s. 238.395 (5),
9238.398 (5), or 238.3995 (4) or s.
560.795 (5), 2009 stats., s. 560.798 (3), 2009 stats.,
10or s. 560.7995 (4), 2009 stats.
AB40, s. 1789 11Section 1789. 71.07 (2dm) (a) 3. of the statutes is amended to read:
AB40,760,1512 71.07 (2dm) (a) 3. "Development zone" means a development opportunity zone
13under s. 238.395 (1) (e) and (f) or 238.398 or s. 560.795 (1) (e) and (f), 2009 stats., or
14s. 560.798, 2009 stats., or an airport development zone under s. 238.3995 or s.
15560.7995, 2009 stats.
AB40, s. 1790 16Section 1790. 71.07 (2dm) (a) 4. of the statutes is amended to read:
AB40,760,2517 71.07 (2dm) (a) 4. "Previously owned property" means real property that the
18claimant or a related person owned during the 2 years prior to the department of
19commerce or the Wisconsin Economic Development Corporation designating the
20place where the property is located as a development zone and for which the claimant
21may not deduct a loss from the sale of the property to, or an exchange of the property
22with, the related person under section 267 of the Internal Revenue Code, except that
23section 267 (b) of the Internal Revenue Code is modified so that if the claimant owns
24any part of the property, rather than 50% ownership, the claimant is subject to
25section 267 (a) (1) of the Internal Revenue Code for purposes of this subsection.
AB40, s. 1791
1Section 1791. 71.07 (2dm) (f) 1. of the statutes is amended to read:
AB40,761,52 71.07 (2dm) (f) 1. A copy of a the verification from the department of commerce
3that the claimant may claim tax benefits under s. 238.395 (3) (a) 4. or s. 560.795 (3)
4(a) 4., 2009 stats., or is certified under s. 238.395 (5), 238.398 (3), or 238.3995 (4) or
5s.
560.795 (5), 2009 stats., s. 560.798 (3), 2009 stats., or s. 560.7995 (4), 2009 stats.
AB40, s. 1792 6Section 1792. 71.07 (2dm) (f) 2. of the statutes is amended to read:
AB40,761,107 71.07 (2dm) (f) 2. A statement from the department of commerce or the
8Wisconsin Economic Development Corporation
verifying the purchase price of the
9investment and verifying that the investment fulfills the requirements under par.
10(b).
AB40, s. 1793 11Section 1793. 71.07 (2dm) (i) of the statutes is amended to read:
AB40,761,2512 71.07 (2dm) (i) Partnerships, limited liability companies, and tax-option
13corporations may not claim the credit under this subsection, but the eligibility for,
14and the amount of, that credit shall be determined on the basis of their economic
15activity, not that of their shareholders, partners, or members. The corporation,
16partnership, or limited liability company shall compute the amount of credit that
17may be claimed by each of its shareholders, partners, or members and provide that
18information to its shareholders, partners, or members. Partners, members of limited
19liability companies, and shareholders of tax-option corporations may claim the
20credit based on the partnership's, company's, or corporation's activities in proportion
21to their ownership interest and may offset it against the tax attributable to their
22income from the partnership's, company's, or corporation's business operations in the
23development zone; except that partners, members, and shareholders in a
24development zone under s. 238.395 (1) (e) or s. 560.795 (1) (e), 2009 stats., may offset
25the credit against the amount of the tax attributable to their income.
AB40, s. 1794
1Section 1794. 71.07 (2dm) (j) of the statutes is amended to read:
AB40,762,122 71.07 (2dm) (j) If a person who is entitled under s. 238.395 (3) (a) 4. or s. 560.795
3(3) (a) 4., 2009 stats., to claim tax benefits becomes ineligible for such tax benefits,
4or if a person's certification under s. 238.395 (5), 238.398 (3), or 238.3995 (4) or s.
5560.795 (5), 2009 stats., s. 560.798 (3), 2009 stats., or s. 560.7995 (4), 2009 stats., is
6revoked, that person may claim no credits under this subsection for the taxable year
7that includes the day on which the person becomes ineligible for tax benefits, the
8taxable year that includes the day on which the certification is revoked, or succeeding
9taxable years, and that person may carry over no unused credits from previous years
10to offset tax under this chapter for the taxable year that includes the day on which
11the person becomes ineligible for tax benefits, the taxable year that includes the day
12on which the certification is revoked, or succeeding taxable years.
AB40, s. 1795 13Section 1795. 71.07 (2dm) (k) of the statutes is amended to read:
AB40,762,2114 71.07 (2dm) (k) If a person who is entitled under s. 238.395 (3) (a) 4. or s.
15560.795 (3) (a) 4., 2009 stats., to claim tax benefits or certified under s. 238.395 (5),
16238.398 (3), or 238.3995 (4) or s.
560.795 (5), 2009 stats., s. 560.798 (3), 2009 stats.,
17or s. 560.7995 (4), 2009 stats., ceases business operations in the development zone
18during any of the taxable years that that zone exists, that person may not carry over
19to any taxable year following the year during which operations cease any unused
20credits from the taxable year during which operations cease or from previous taxable
21years.
AB40, s. 1796 22Section 1796. 71.07 (2dr) (a) of the statutes is amended to read:
AB40,763,2123 71.07 (2dr) (a) Credit. Any person may credit against taxes otherwise due
24under this chapter an amount equal to 5% of the amount obtained by subtracting
25from the person's qualified research expenses, as defined in section 41 of the internal

1revenue code, except that "qualified research expenses" include only expenses
2incurred by the claimant in a development zone under subch. VI of ch. 560, 2009
3stats.,
except that a taxpayer may elect the alternative computation under section
441 (c) (4) of the Internal Revenue Code and that election applies until the department
5permits its revocation and except that "qualified research expenses" do not include
6compensation used in computing the credit under sub. (2dj) nor research expenses
7incurred before the claimant is certified for tax benefits under s. 560.765 (3), 2009
8stats.,
the person's base amount, as defined in section 41 (c) of the internal revenue
9code, in a development zone, except that gross receipts used in calculating the base
10amount means gross receipts from sales attributable to Wisconsin under s. 71.04 (7)
11(b) 1. and 2., (df) 1. and 2., (dh) 1., 2., and 3., (dj) 1. and (dk) 1. and research expenses
12used in calculating the base amount include research expenses incurred before the
13claimant is certified for tax benefits under s. 560.765 (3), 2009 stats., in a
14development zone, if the claimant submits with the claimant's return a copy of the
15claimant's certification for tax benefits under s. 560.765 (3) 2009 stats., and a
16statement from the department of commerce verifying the claimant's qualified
17research expenses for research conducted exclusively in a development zone. The
18rules under s. 73.03 (35) apply to the credit under this paragraph. The rules under
19sub. (2di) (f) and (g), as they apply to the credit under that subsection, apply to claims
20under this paragraph. Section 41 (h) of the internal revenue code does not apply to
21the credit under this paragraph.
AB40, s. 1797 22Section 1797. 71.07 (2dr) (b) of the statutes is amended to read:
AB40,764,623 71.07 (2dr) (b) Development opportunity zones. The development zones
24research credit under par. (a), as it applies to a person certified under s. 560.765 (3),
252009 stats., applies to a person that conducts economic activity in a development

1opportunity zone under s. 560.795 (1), 2009 stats., and that is entitled to tax benefits
2under s. 560.795 (3), 2009 stats., subject to the limits under s. 560.795 (2), 2009 stats.
3A development opportunity zone credit under this paragraph may be calculated
4using expenses incurred by a claimant beginning on the effective date under s.
5560.795 (2) (a), 2009 stats., of the development opportunity zone designation of the
6area in which the claimant conducts economic activity.
AB40, s. 1798 7Section 1798. 71.07 (2ds) (a) 1. of the statutes is amended to read:
AB40,764,98 71.07 (2ds) (a) 1. "Development zone" means a zone designated under s. 560.71,
92009 stats
.
AB40, s. 1799 10Section 1799. 71.07 (2ds) (b) of the statutes is amended to read:
AB40,764,2411 71.07 (2ds) (b) Except as provided in pars. (dm) and (e) and s. 73.03 (35), for
12any taxable year for which the person is certified under s. 560.765 (3), 2009 stats.,
13for tax benefits, any person may claim as a credit against taxes otherwise due under
14this chapter the taxes paid under subchs. III and V of ch. 77 on their purchases, leases
15and rentals of eligible property. Partnerships, limited liability companies and
16tax-option corporations may not claim the credit under this subsection, but the
17eligibility for, and the amount of, that credit shall be determined on the basis of their
18economic activity, not that of their partners, members or shareholders. The
19partnership, limited liability company or corporation shall compute the amount of
20credit that may be claimed by each of its partners, members or shareholders and
21shall provide that information to each of its partners, members or shareholders.
22Partners, members of a limited liability company and shareholders of tax-option
23corporations may claim the credit based on the partnership's, company's or
24corporation's activities in proportion to their ownership interest.
AB40, s. 1800 25Section 1800. 71.07 (2ds) (d) 1. of the statutes is amended to read:
AB40,765,2
171.07 (2ds) (d) 1. A copy of the claimant's certification for tax benefits under
2s. 560.765 (3), 2009 stats.
AB40, s. 1801 3Section 1801. 71.07 (2dx) (a) 2. of the statutes is amended to read:
AB40,765,94 71.07 (2dx) (a) 2. "Development zone" means a development zone under s.
5238.30 or s. 560.70, 2009 stats., a development opportunity zone under s. 238.395 or
6s.
560.795, 2009 stats., an enterprise development zone under s. 238.397 or s.
7560.797, 2009 stats., an agricultural development zone under s. 238.398 or s.
8560.798, 2009 stats., or an airport development zone under s. 238.3995 or s.
9560.7995, 2009 stats.
AB40, s. 1802 10Section 1802. 71.07 (2dx) (a) 5. of the statutes is amended to read:
AB40,765,2411 71.07 (2dx) (a) 5. "Member of a targeted group" means a person who resides
12in an area designated by the federal government as an economic revitalization area,
13a person who is employed in an unsubsidized job but meets the eligibility
14requirements under s. 49.145 (2) and (3) for a Wisconsin Works employment position,
15a person who is employed in a trial job, as defined in s. 49.141 (1) (n), or in a real work,
16real pay project position under s. 49.147 (3m), a person who is eligible for child care
17assistance under s. 49.155, a person who is a vocational rehabilitation referral, an
18economically disadvantaged youth, an economically disadvantaged veteran, a
19supplemental security income recipient, a general assistance recipient, an
20economically disadvantaged ex-convict, a qualified summer youth employee, as
21defined in 26 USC 51 (d) (7), a dislocated worker, as defined in 29 USC 2801 (9), or
22a food stamp recipient of benefits under the supplemental nutrition assistance
23program under 7 USC 2011 to 2036
, if the person has been certified in the manner
24under sub. (2dj) (am) 3. by a designated local agency, as defined in sub. (2dj) (am) 2.
AB40, s. 1803 25Section 1803. 71.07 (2dx) (b) (intro.) of the statutes is amended to read:
AB40,766,7
171.07 (2dx) (b) Credit. (intro.) Except as provided in pars. (be) and (bg) and
2in s. 73.03 (35), and subject to s. 238.385 or s. 560.785, 2009 stats., for any taxable
3year for which the person is entitled under s. 238.395 (3) or s. 560.795 (3), 2009 stats.,
4to claim tax benefits or certified under s. 238.365 (3), 238.397 (4), 238.398 (3), or
5238.3995 (4) or s.
560.765 (3), 2009 stats., s. 560.797 (4), 2009 stats., s. 560.798 (3),
62009 stats., or s. 560.7995 (4), 2009 stats., any person may claim as a credit against
7the taxes otherwise due under this chapter the following amounts:
AB40, s. 1804 8Section 1804. 71.07 (2dx) (b) 2. of the statutes is amended to read:
AB40,766,139 71.07 (2dx) (b) 2. The amount determined by multiplying the amount
10determined under s. 238.385 (1) (b) or s. 560.785 (1) (b), 2009 stats., by the number
11of full-time jobs created in a development zone and filled by a member of a targeted
12group and by then subtracting the subsidies paid under s. 49.147 (3) (a) or the
13subsidies and reimbursements paid under s. 49.147 (3m) (c) for those jobs.
AB40, s. 1805 14Section 1805. 71.07 (2dx) (b) 3. of the statutes is amended to read:
AB40,766,1915 71.07 (2dx) (b) 3. The amount determined by multiplying the amount
16determined under s. 238.385 (1) (c) or s. 560.785 (1) (c), 2009 stats., by the number
17of full-time jobs created in a development zone and not filled by a member of a
18targeted group and by then subtracting the subsidies paid under s. 49.147 (3) (a) or
19the subsidies and reimbursements paid under s. 49.147 (3m) (c) for those jobs.
AB40, s. 1806 20Section 1806. 71.07 (2dx) (b) 4. of the statutes is amended to read:
AB40,767,321 71.07 (2dx) (b) 4. The amount determined by multiplying the amount
22determined under s. 238.385 (1) (bm) or s. 560.785 (1) (bm), 2009 stats., by the
23number of full-time jobs retained, as provided in the rules under s. 238.385 or s.
24560.785, 2009 stats., excluding jobs for which a credit has been claimed under sub.
25(2dj), in an enterprise development zone under s. 238.397 or s. 560.797, 2009 stats.,

1and for which significant capital investment was made and by then subtracting the
2subsidies paid under s. 49.147 (3) (a) or the subsidies and reimbursements paid
3under s. 49.147 (3m) (c) for those jobs.
AB40, s. 1807 4Section 1807. 71.07 (2dx) (b) 5. of the statutes is amended to read:
AB40,767,115 71.07 (2dx) (b) 5. The amount determined by multiplying the amount
6determined under s. 238.385 (1) (c) or s. 560.785 (1) (c), 2009 stats., by the number
7of full-time jobs retained, as provided in the rules under s. 238.385 or s. 560.785,
82009 stats., excluding jobs for which a credit has been claimed under sub. (2dj), in
9a development zone and not filled by a member of a targeted group and by then
10subtracting the subsidies paid under s. 49.147 (3) (a) or the subsidies and
11reimbursements paid under s. 49.147 (3m) (c) for those jobs.
AB40, s. 1808 12Section 1808. 71.07 (2dx) (be) of the statutes is amended to read:
AB40,767,1813 71.07 (2dx) (be) Offset. A claimant in a development zone under s. 238.395 (1)
14(e) or s.
560.795 (1) (e), 2009 stats., may offset any credits claimed under this
15subsection, including any credits carried over, against the amount of the tax
16otherwise due under this subchapter attributable to all of the claimant's income and
17against the tax attributable to income from directly related business operations of
18the claimant.
AB40, s. 1809 19Section 1809. 71.07 (2dx) (bg) of the statutes is amended to read:
AB40,768,620 71.07 (2dx) (bg) Other entities. For claimants in a development zone under s.
21238.395 (1) (e) or s. 560.795 (1) (e), 2009 stats., partnerships, limited liability
22companies, and tax-option corporations may not claim the credit under this
23subsection, but the eligibility for, and amount of, that credit shall be determined on
24the basis of their economic activity, not that of their shareholders, partners, or
25members. The corporation, partnership, or company shall compute the amount of

1the credit that may be claimed by each of its shareholders, partners, or members and
2shall provide that information to each of its shareholders, partners, or members.
3Partners, members of limited liability companies, and shareholders of tax-option
4corporations may claim the credit based on the partnership's, company's, or
5corporation's activities in proportion to their ownership interest and may offset it
6against the tax attributable to their income.
AB40, s. 1810 7Section 1810. 71.07 (2dx) (c) of the statutes is amended to read:
AB40,768,198 71.07 (2dx) (c) Credit precluded. If the certification of a person for tax benefits
9under s. 238.365 (3), 238.397 (4), 238.398 (3), or 238.3995 (4) or s. 560.765 (3), 2009
10stats., s.
560.797 (4), 2009 stats., s. 560.798 (3), 2009 stats., or s. 560.7995 (4), 2009
11stats.,
is revoked, or if the person becomes ineligible for tax benefits under s. 238.395
12(3) or s.
560.795 (3), 2009 stats., that person may not claim credits under this
13subsection for the taxable year that includes the day on which the certification is
14revoked; the taxable year that includes the day on which the person becomes
15ineligible for tax benefits; or succeeding taxable years and that person may not carry
16over unused credits from previous years to offset tax under this chapter for the
17taxable year that includes the day on which certification is revoked; the taxable year
18that includes the day on which the person becomes ineligible for tax benefits; or
19succeeding taxable years.
AB40, s. 1811 20Section 1811. 71.07 (2dx) (d) of the statutes is amended to read:
AB40,769,321 71.07 (2dx) (d) Carry-over precluded. If a person who is entitled under s.
22238.395 (3) or s. 560.795 (3), 2009 stats., to claim tax benefits or certified under s.
23238.365 (3), 238.397 (4), 238.398 (3), or 238.3995 (4) or s. 560.765 (3), 2009 stats., s.
24560.797 (4), 2009 stats., s. 560.798 (3), 2009 stats., or s. 560.7995 (4), 2009 stats., for
25tax benefits ceases business operations in the development zone during any of the

1taxable years that that zone exists, that person may not carry over to any taxable
2year following the year during which operations cease any unused credits from the
3taxable year during which operations cease or from previous taxable years.
AB40, s. 1812 4Section 1812. 71.07 (2dy) (a) of the statutes is amended to read:
AB40,769,85 71.07 (2dy) (a) Definition. In this subsection, "claimant" means a person who
6files a claim under this subsection and is certified under s. 238.301 (2) or s. 560.701
7(2), 2009 stats., and authorized to claim tax benefits under s. 238.303 or s. 560.703,
82009 stats
.
AB40, s. 1813 9Section 1813. 71.07 (2dy) (b) of the statutes is amended to read:
AB40,769,1410 71.07 (2dy) (b) Filing claims. Subject to the limitations under this subsection
11and ss. 238.301 to 238.306 or ss. 560.701 to 560.706, 2009 stats., for taxable years
12beginning after December 31, 2008, a claimant may claim as a credit against the tax
13imposed under s. 71.02 or 71.08, up to the amount of the tax, the amount authorized
14for the claimant under s. 238.303 or s. 560.703, 2009 stats.
AB40, s. 1814 15Section 1814. 71.07 (2dy) (c) 1. of the statutes is amended to read:
AB40,769,1916 71.07 (2dy) (c) 1. No credit may be allowed under this subsection unless the
17claimant includes with the claimant's return a copy of the claimant's certification
18under s. 238.301 (2) or s. 560.701 (2), 2009 stats., and a copy of the claimant's notice
19of eligibility to receive tax benefits under s. 238.303 (3) or s. 560.703 (3), 2009 stats.
AB40, s. 1815 20Section 1815. 71.07 (2dy) (c) 2. of the statutes is amended to read:
AB40,770,421 71.07 (2dy) (c) 2. Partnerships, limited liability companies, and tax-option
22corporations may not claim the credit under this subsection, but the eligibility for,
23and the amount of, the credit are based on their authorization to claim tax benefits
24under s. 238.303 or s. 560.703, 2009 stats. A partnership, limited liability company,
25or tax-option corporation shall compute the amount of credit that each of its

1partners, members, or shareholders may claim and shall provide that information
2to each of them. Partners, members of limited liability companies, and shareholders
3of tax-option corporations may claim the credit in proportion to their ownership
4interests.
AB40, s. 1816 5Section 1816. 71.07 (2dy) (d) 2. of the statutes is amended to read:
AB40,770,156 71.07 (2dy) (d) 2. If a claimant's certification is revoked under s. 238.305 or s.
7560.705, 2009 stats., or if a claimant becomes ineligible for tax benefits under s.
8238.302 or s. 560.702, 2009 stats., the claimant may not claim credits under this
9subsection for the taxable year that includes the day on which the certification is
10revoked; the taxable year that includes the day on which the claimant becomes
11ineligible for tax benefits; or succeeding taxable years and the claimant may not
12carry over unused credits from previous years to offset the tax imposed under s. 71.02
13or 71.08 for the taxable year that includes the day on which certification is revoked;
14the taxable year that includes the day on which the claimant becomes ineligible for
15tax benefits; or succeeding taxable years.
AB40, s. 1817 16Section 1817. 71.07 (3g) (a) (intro.) of the statutes is amended to read:
AB40,770,2117 71.07 (3g) (a) (intro.) Subject to the limitations under this subsection and ss.
1873.03 (35m) and 238.23 and s. 560.96, 2009 stats., a business that is certified under
19s. 238.23 (3) or s. 560.96 (3), 2009 stats., may claim as a credit against the taxes
20imposed under s. 71.02 an amount equal to the sum of the following, as established
21under s. 238.23 (3) (c) or s. 560.96 (3) (c), 2009 stats:
AB40, s. 1818 22Section 1818. 71.07 (3g) (b) of the statutes is amended to read:
AB40,770,2523 71.07 (3g) (b) The department of revenue shall notify the department of
24commerce or the Wisconsin Economic Development Corporation of all claims under
25this subsection.
AB40, s. 1819
1Section 1819. 71.07 (3g) (e) 2. of the statutes is amended to read:
AB40,771,52 71.07 (3g) (e) 2. The investments that relate to the amount described under par.
3(a) 2. for which a claimant makes a claim under this subsection must be retained for
4use in the technology zone for the period during which the claimant's business is
5certified under s. 238.23 (3) or s. 560.96 (3), 2009 stats.
AB40, s. 1820 6Section 1820. 71.07 (3g) (f) 1. of the statutes is amended to read:
AB40,771,107 71.07 (3g) (f) 1. A copy of a the verification from the department of commerce
8that the claimant's business is certified under s. 238.23 (3) or s. 560.96 (3), 2009
9stats.,
and that the business and the department of commerce have has entered into
10an agreement under s. 238.23 (3) (d) or s. 560.96 (3) (d), 2009 stats.
AB40, s. 1821 11Section 1821. 71.07 (3g) (f) 2. of the statutes is amended to read:
AB40,771,1512 71.07 (3g) (f) 2. A statement from the department of commerce or the Wisconsin
13Economic Development Corporation
verifying the purchase price of the investment
14described under par. (a) 2. and verifying that the investment fulfills the requirement
15under par. (e) 2.
AB40, s. 1822 16Section 1822. 71.07 (3p) (b) of the statutes is amended to read:
AB40,771,2317 71.07 (3p) (b) Filing claims. Subject to the limitations provided in this
18subsection and s. 93.535 or s. 560.207, 2009 stats., except as provided in par. (c) 5.,
19for taxable years beginning after December 31, 2006, and before January 1, 2015, a
20claimant may claim as a credit against the taxes imposed under s. 71.02 or 71.08, up
21to the amount of the tax, an amount equal to 10 percent of the amount the claimant
22paid in the taxable year for dairy manufacturing modernization or expansion related
23to the claimant's dairy manufacturing operation.
AB40, s. 1823 24Section 1823. 71.07 (3p) (c) 2m. a. of the statutes is amended to read:
AB40,772,3
171.07 (3p) (c) 2m. a. The maximum amount of the credits that may be claimed
2under this subsection and ss. 71.28 (3p) and 71.47 (3p) in fiscal year 2007-08 is
3$600,000, as allocated under s. 560.207, 2009 stats.
AB40, s. 1824 4Section 1824. 71.07 (3p) (c) 2m. b. of the statutes is amended to read:
AB40,772,85 71.07 (3p) (c) 2m. b. The maximum amount of the credits that may be claimed
6by all claimants, other than members of dairy cooperatives, under this subsection
7and ss. 71.28 (3p) and 71.47 (3p) in fiscal year 2008-09, and in each fiscal year
8thereafter, is $700,000, as allocated under s. 93.535 or s. 560.207, 2009 stats.
AB40, s. 1825 9Section 1825. 71.07 (3p) (c) 2m. bm. of the statutes is amended to read:
AB40,772,1610 71.07 (3p) (c) 2m. bm. The maximum amount of the credits that may be claimed
11by members of dairy cooperatives under this subsection and ss. 71.28 (3p) and 71.47
12(3p) in fiscal year 2009-10 is $600,000, as allocated under s. 560.207, 2009 stats., and
13the maximum amount of the credits that may be claimed by members of dairy
14cooperatives under this subsection and ss. 71.28 (3p) and 71.47 (3p) in fiscal year
152010-11, and in each fiscal year thereafter, is $700,000, as allocated under s. 93.535
16or s.
560.207, 2009 stats.
AB40, s. 1826 17Section 1826. 71.07 (3p) (c) 3. of the statutes is amended to read:
AB40,773,518 71.07 (3p) (c) 3. Partnerships, limited liability companies, tax-option
19corporations, and dairy cooperatives may not claim the credit under this subsection,
20but the eligibility for, and the amount of, the credit are based on their payment of
21expenses under par. (b), except that the aggregate amount of credits that the entity
22a dairy cooperative may compute shall not exceed $200,000 for each of the entity's
23cooperative's dairy manufacturing facilities. A partnership, limited liability
24company, tax-option corporation, or dairy cooperative shall compute the amount of
25credit that each of its partners, members, or shareholders may claim and shall

1provide that information to each of them. Partners, members of limited liability
2companies, and shareholders of tax-option corporations may claim the credit in
3proportion to their ownership interest. Members of a dairy cooperative may claim
4the credit in proportion to the amount of milk that each member delivers to the dairy
5cooperative, as determined by the dairy cooperative.
AB40, s. 1827 6Section 1827. 71.07 (3p) (c) 6. of the statutes is amended to read:
AB40,773,97 71.07 (3p) (c) 6. No credit may be allowed under this subsection unless the
8claimant submits with the claimant's return a copy of the claimant's credit
9certification and allocation under s. 93.535 or s. 560.207, 2009 stats.
AB40, s. 1828 10Section 1828. 71.07 (3q) (a) 1. of the statutes is amended to read:
AB40,773,1211 71.07 (3q) (a) 1. "Claimant" means a person certified to receive tax benefits
12under s. 238.16 (2) or s. 560.2055 (2), 2009 stats.
AB40, s. 1829 13Section 1829. 71.07 (3q) (a) 2. of the statutes is amended to read:
AB40,773,1814 71.07 (3q) (a) 2. "Eligible employee" means, for taxable years beginning before
15January 1, 2011,
an eligible employee under s. 560.2055 (1) (b) , 2009 stats., who
16satisfies the wage requirements under s. 560.2055 (3) (a) or (b), 2009 stats., or, for
17taxable years beginning after December 31, 2010, an eligible employee under s.
18238.16 (1) (b)
.
AB40, s. 1830 19Section 1830. 71.07 (3q) (b) (intro.) of the statutes is amended to read:
AB40,773,2320 71.07 (3q) (b) Filing claims. (intro.) Subject to the limitations provided in this
21subsection and s. 238.16 or s. 560.2055, 2009 stats., for taxable years beginning after
22December 31, 2009, a claimant may claim as a credit against the taxes imposed under
23ss. 71.02 and 71.08 any of the following.
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