AB40,829,322 71.28 (3rn) (b) Filing claims. Subject to the limitations provided in this
23subsection and s. 506.2056 238.17 or s. 560.2056, 2009 stats., for taxable years
24beginning after December 31, 2009, and before January 1, 2017, a claimant may
25claim as a credit against the tax imposed under s. 71.23, up to the amount of the tax,

1an amount equal to 10 percent of the amount the claimant paid in the taxable year
2for food processing or food warehousing modernization or expansion related to the
3operation of the claimant's food processing plant or food warehouse.
AB40, s. 1979 4Section 1979. 71.28 (3rn) (c) 3. a. of the statutes is amended to read:
AB40,829,75 71.28 (3rn) (c) 3. a. The maximum amount of the credits that may be allocated
6under this subsection and ss. 71.07 (3rn) and 71.47 (3rn) in fiscal year 2009-10 is
7$1,000,000, as allocated under s. 560.2056, 2009 stats.
AB40, s. 1980 8Section 1980. 71.28 (3rn) (c) 3. b. of the statutes is amended to read:
AB40,829,119 71.28 (3rn) (c) 3. b. The maximum amount of the credits that may be allocated
10under this subsection and ss. 71.07 (3rn) and 71.47 (3rn) in fiscal year 2010-11 is
11$1,200,000, as allocated under s. 560.2056, 2009 stats.
AB40, s. 1981 12Section 1981. 71.28 (3rn) (c) 3. c. of the statutes is amended to read:
AB40,829,1613 71.28 (3rn) (c) 3. c. The maximum amount of the credits that may be allocated
14under this subsection and ss. 71.07 (3rn) and 71.47 (3rn) in fiscal year 2011-12, and
15in each year thereafter, is $700,000, as allocated under s. 238.17 or s. 560.2056, 2009
16stats
.
AB40, s. 1982 17Section 1982. 71.28 (3rn) (c) 6. of the statutes is amended to read:
AB40,829,2018 71.28 (3rn) (c) 6. No credit may be allowed under this subsection unless the
19claimant submits with the claimant's return a copy of the claimant's credit
20certification and allocation under s. 238.17 or s. 560.2056, 2009 stats.
AB40, s. 1983 21Section 1983. 71.28 (3t) (b) of the statutes is amended to read:
AB40,830,222 71.28 (3t) (b) Credit. Subject to the limitations provided in this subsection and
23in s. 560.28, 2009 stats., for taxable years beginning after December 31, 2007, a
24claimant may claim as a credit, amortized over 15 taxable years starting with the
25taxable year beginning after December 31, 2007, against the tax imposed under s.

171.23, up to the amount of the tax, an amount equal to the claimant's unused credits
2under s. 71.28 (3).
AB40, s. 1984 3Section 1984. 71.28 (3t) (c) 1. of the statutes is amended to read:
AB40,830,104 71.28 (3t) (c) 1. No credit may be claimed under this subsection unless the
5claimant submits with the claimant's return a copy of the claimant's certification by
6the department of commerce under s. 560.28, 2009 stats., except that, with regard
7to credits claimed by partners of a partnership, members of a limited liability
8company, or shareholders of a tax-option corporation, the entity shall provide a copy
9of its certification under s. 560.28, 2009 stats., to the partner, member, or shareholder
10to submit with his or her return.
AB40, s. 1985 11Section 1985. 71.28 (3w) (a) 2. of the statutes is amended to read:
AB40,830,1412 71.28 (3w) (a) 2. "Claimant" means a person who is certified to claim tax
13benefits under s. 238.399 (5) or s. 560.799 (5), 2009 stats., and who files a claim under
14this subsection.
AB40, s. 1986 15Section 1986. 71.28 (3w) (a) 3. of the statutes is amended to read:
AB40,830,1716 71.28 (3w) (a) 3. "Full-time employee" means a full-time employee, as defined
17in s. 238.399 (1) (am) or s. 560.799 (1) (am), 2009 stats.
AB40, s. 1987 18Section 1987. 71.28 (3w) (a) 4. of the statutes is amended to read:
AB40,830,2019 71.28 (3w) (a) 4. "Enterprise zone" means a zone designated under s. 238.399
20or s.
560.799, 2009 stats.
AB40, s. 1988 21Section 1988. 71.28 (3w) (a) 5d. of the statutes is amended to read:
AB40,830,2422 71.28 (3w) (a) 5d. "Tier I county or municipality" means a tier I county or
23municipality, as determined by the department of commerce under s. 238.399 or s.
24560.799, 2009 stats.
AB40, s. 1989 25Section 1989. 71.28 (3w) (a) 5e. of the statutes is amended to read:
AB40,831,3
171.28 (3w) (a) 5e. "Tier II county or municipality" means a tier II county or
2municipality, as determined by the department of commerce under s. 238.399 or s.
3560.799, 2009 stats.
AB40, s. 1990 4Section 1990. 71.28 (3w) (b) (intro.) of the statutes is amended to read:
AB40,831,85 71.28 (3w) (b) Filing claims; payroll. (intro.) Subject to the limitations
6provided in this subsection and s. 238.399 or s. 560.799, 2009 stats., a claimant may
7claim as a credit against the tax imposed under s. 71.23 an amount calculated as
8follows:
AB40, s. 1991 9Section 1991. 71.28 (3w) (b) 5. of the statutes is amended to read:
AB40,831,1210 71.28 (3w) (b) 5. Multiply the amount determined under subd. 4. by the
11percentage determined by the department of commerce under s. 238.399 or s.
12560.799, 2009 stats., not to exceed 7 percent.
AB40, s. 1992 13Section 1992. 71.28 (3w) (bm) 1. of the statutes is amended to read:
AB40,831,2414 71.28 (3w) (bm) 1. In addition to the credits under par. (b) and subds. 2., 3., and
154., and subject to the limitations provided in this subsection and s. 238.399 or s.
16560.799, 2009 stats., a claimant may claim as a credit against the tax imposed under
17s. 71.23 an amount equal to a percentage, as determined by the department of
18commerce
under s. 238.399 or s. 560.799, 2009 stats., not to exceed 100 percent, of
19the amount the claimant paid in the taxable year to upgrade or improve the
20job-related skills of any of the claimant's full-time employees, to train any of the
21claimant's full-time employees on the use of job-related new technologies, or to
22provide job-related training to any full-time employee whose employment with the
23claimant represents the employee's first full-time job. This subdivision does not
24apply to employees who do not work in an enterprise zone.
AB40, s. 1993 25Section 1993. 71.28 (3w) (bm) 2. of the statutes is amended to read:
AB40,832,14
171.28 (3w) (bm) 2. In addition to the credits under par. (b) and subds. 1., 3., and
24., and subject to the limitations provided in this subsection and s. 238.399 or s.
3560.799, 2009 stats., a claimant may claim as a credit against the tax imposed under
4s. 71.23 an amount equal to the percentage, as determined by the department of
5commerce
under s. 238.399 or s. 560.799, 2009 stats., not to exceed 7 percent, of the
6claimant's zone payroll paid in the taxable year to all of the claimant's full-time
7employees whose annual wages are greater than $20,000 in a tier I county or
8municipality, not including the wages paid to the employees determined under par.
9(b) 1., or greater than $30,000 in a tier II county or municipality, not including the
10wages paid to the employees determined under par. (b) 1., and who the claimant
11employed in the enterprise zone in the taxable year, if the total number of such
12employees is equal to or greater than the total number of such employees in the base
13year. A claimant may claim a credit under this subdivision for no more than 5
14consecutive taxable years.
AB40, s. 1994 15Section 1994. 71.28 (3w) (bm) 3. of the statutes is amended to read:
AB40,832,2116 71.28 (3w) (bm) 3. In addition to the credits under par. (b) and subds. 1., 2., and
174., and subject to the limitations provided in this subsection and s. 238.399 or s.
18560.799, 2009 stats., for taxable years beginning after December 31, 2008, a claimant
19may claim as a credit against the tax imposed under s. 71.23 up to 10 percent of the
20claimant's significant capital expenditures, as determined by the department of
21commerce
under s. 238.399 (5m) or s. 560.799 (5m), 2009 stats.
AB40, s. 1995 22Section 1995. 71.28 (3w) (bm) 4. of the statutes is amended to read:
AB40,833,623 71.28 (3w) (bm) 4. In addition to the credits under par. (b) and subds. 1., 2., and
243., and subject to the limitations provided in this subsection and s. 238.399 or s.
25560.799, 2009 stats., for taxable years beginning after December 31, 2009, a claimant

1may claim as a credit against the tax imposed under s. 71.23, up to 1 percent of the
2amount that the claimant paid in the taxable year to purchase tangible personal
3property, items, property, or goods under s. 77.52 (1) (b), (c), or (d), or services from
4Wisconsin vendors, as determined by the department of commerce under s. 238.399
5(5) (e) or s.
560.799 (5) (e), 2009 stats., except that the claimant may not claim the
6credit under this subdivision and subd. 3. for the same expenditures.
AB40, s. 1996 7Section 1996. 71.28 (3w) (c) 3. of the statutes is amended to read:
AB40,833,108 71.28 (3w) (c) 3. No credit may be allowed under this subsection unless the
9claimant includes with the claimant's return a copy of the claimant's certification for
10tax benefits under s. 238.399 (5) or (5m) or s. 560.799 (5) or (5m), 2009 stats.
AB40, s. 1997 11Section 1997. 71.28 (3w) (d) of the statutes is amended to read:
AB40,833,1612 71.28 (3w) (d) Administration. Subsection (4) (g) and (h), as it applies to the
13credit under sub. (4), applies to the credit under this subsection. Claimants shall
14include with their returns a copy of their certification for tax benefits, and a copy of
15the verification of their expenses, from the department of commerce or the Wisconsin
16Economic Development Corporation
.
AB40, s. 1998 17Section 1998. 71.28 (4) (am) 1. of the statutes is amended to read:
AB40,834,1818 71.28 (4) (am) 1. In addition to the credit under par. (ad), any corporation may
19credit against taxes otherwise due under this chapter an amount equal to 5 percent
20of the amount obtained by subtracting from the corporation's qualified research
21expenses, as defined in section 41 of the Internal Revenue Code, except that
22"qualified research expenses" include only expenses incurred by the claimant in a
23development zone under subch. II of ch. 238 or subch. VI of ch. 560, 2009 stats., except
24that a taxpayer may elect the alternative computation under section 41 (c) (4) of the
25Internal Revenue Code and that election applies until the department permits its

1revocation and except that "qualified research expenses" do not include
2compensation used in computing the credit under sub. (1dj) nor research expenses
3incurred before the claimant is certified for tax benefits under s. 238.365 (3) or s.
4560.765 (3), 2009 stats., the corporation's base amount, as defined in section 41 (c)
5of the Internal Revenue Code, in a development zone, except that gross receipts used
6in calculating the base amount means gross receipts from sales attributable to
7Wisconsin under s. 71.25 (9) (b) 1. and 2., (df) 1. and 2., (dh) 1., 2., and 3., (dj), and
8(dk) and research expenses used in calculating the base amount include research
9expenses incurred before the claimant is certified for tax benefits under s. 238.365
10(3) or s.
560.765 (3), 2009 stats., in a development zone, if the claimant submits with
11the claimant's return a copy of the claimant's certification for tax benefits under s.
12238.365 (3) or s. 560.765 (3), 2009 stats., and a statement from the department of
13commerce or the Wisconsin Economic Development Corporation verifying the
14claimant's qualified research expenses for research conducted exclusively in a
15development zone. The rules under s. 73.03 (35) apply to the credit under this
16subdivision. The rules under sub. (1di) (f) and (g) as they apply to the credit under
17that subsection apply to claims under this subdivision. Section 41 (h) of the Internal
18Revenue Code does not apply to the credit under this subdivision.
AB40, s. 1999 19Section 1999. 71.28 (4) (am) 2. of the statutes is amended to read:
AB40,835,420 71.28 (4) (am) 2. The development zones credit under subd. 1., as it applies to
21a person certified under s. 238.365 (3) or s. 560.765 (3), 2009 stats., applies to a
22corporation that conducts economic activity in a development opportunity zone
23under s. 238.395 (1) or s. 560.795 (1), 2009 stats., and that is entitled to tax benefits
24under s. 238.395 (3) or s. 560.795 (3), 2009 stats., subject to the limits under s.
25238.395 (2) or s. 560.795 (2), 2009 stats. A development opportunity zone credit

1under this subdivision may be calculated using expenses incurred by a claimant
2beginning on the effective date under s. 238.395 (2) (a) or s. 560.795 (2) (a), 2009
3stats.,
of the development opportunity zone designation of the area in which the
4claimant conducts economic activity.
AB40, s. 2000 5Section 2000. 71.28 (5b) (a) 2. of the statutes is amended to read:
AB40,835,76 71.28 (5b) (a) 2. "Fund manager" means an investment fund manager certified
7under s. 238.15 (2) or s. 560.205 (2), 2009 stats.
AB40, s. 2001 8Section 2001. 71.28 (5b) (b) 1. of the statutes is amended to read:
AB40,835,149 71.28 (5b) (b) 1. For taxable years beginning after December 31, 2004, subject
10to the limitations provided under this subsection and s. 238.15 or s. 560.205, 2009
11stats.
, and except as provided in subd. 2., a claimant may claim as a credit against
12the tax imposed under s. 71.23, up to the amount of those taxes, 25 percent of the
13claimant's investment paid to a fund manager that the fund manager invests in a
14business certified under s. 238.15 (1) or s. 560.205 (1), 2009 stats.
AB40, s. 2002 15Section 2002. 71.28 (5b) (b) 2. of the statutes is amended to read:
AB40,835,2416 71.28 (5b) (b) 2. In the case of a partnership, limited liability company, or
17tax-option corporation, the computation of the 25 percent limitation under subd. 1.
18shall be determined at the entity level rather than the claimant level and may be
19allocated among the claimants who make investments in the manner set forth in the
20entity's organizational documents. The entity shall provide to the department of
21revenue and to the department of commerce or the Wisconsin Economic
22Development Corporation
the names and tax identification numbers of the
23claimants, the amounts of the credits allocated to the claimants, and the
24computation of the allocations.
AB40, s. 2003 25Section 2003. 71.28 (5b) (d) 3. of the statutes is amended to read:
AB40,836,5
171.28 (5b) (d) 3. For calendar years beginning investments made after
2December 31, 2007, if an investment for which a claimant claims a credit under par.
3(b) is held by the claimant for less than 3 years, the claimant shall pay to the
4department, in the manner prescribed by the department, the amount of the credit
5that the claimant received related to the investment.
AB40, s. 2004 6Section 2004. 71.28 (5f) (a) 1. (intro.) of the statutes is amended to read:
AB40,836,177 71.28 (5f) (a) 1. (intro.) "Accredited production" means a film, video, broadcast
8advertisement, or television production, as approved by the department of commerce
9or the department of tourism, for which the aggregate salary and wages included in
10the cost of the production for the period ending 12 months after the month in which
11the principal filming or taping of the production begins exceeds $50,000. "Accredited
12production" also means an electronic game, as approved by the department of
13commerce or the department of tourism, for which the aggregate salary and wages
14included in the cost of the production for the period ending 36 months after the month
15in which the principal programming, filming, or taping of the production begins
16exceeds $100,000. "Accredited production" does not include any of the following,
17regardless of the production costs:
AB40, s. 2005 18Section 2005. 71.28 (5f) (a) 3. of the statutes is amended to read:
AB40,837,219 71.28 (5f) (a) 3. "Production expenditures" means any expenditures that are
20incurred in this state and directly used to produce an accredited production,
21including expenditures for set construction and operation, wardrobes, make-up,
22clothing accessories, photography, sound recording, sound synchronization, sound
23mixing, lighting, editing, film processing, film transferring, special effects, visual
24effects, renting or leasing facilities or equipment, renting or leasing motor vehicles,
25food, lodging, and any other similar expenditure as determined by the department

1of commerce or the department of tourism. "Production expenditures" do not include
2salary, wages, or labor-related contract payments.
AB40, s. 2006 3Section 2006. 71.28 (5f) (c) 6. of the statutes is amended to read:
AB40,837,114 71.28 (5f) (c) 6. No credit may be allowed under this subsection unless the
5claimant files an application with the department of commerce or the department of
6tourism
, at the time and in the manner prescribed by the department of commerce
7or the department of tourism, and the department of commerce or the department
8of tourism
approves the application. The claimant shall submit a fee with the
9application in an amount equal to 2 percent of the claimant's budgeted production
10expenditures or to $5,000, whichever is less. The claimant shall submit a copy of the
11approved application with the claimant's return.
AB40, s. 2007 12Section 2007. 71.28 (5h) (c) 4. of the statutes is amended to read:
AB40,837,1713 71.28 (5h) (c) 4. No claim may be allowed under this subsection unless the
14department of commerce or the department of tourism certifies, in writing, that the
15credits claimed under this subsection are for expenses related to establishing or
16operating a film production company in this state and the claimant submits a copy
17of the certification with the claimant's return.
AB40, s. 2008 18Section 2008. 71.28 (5i) (c) 1. of the statutes is amended to read:
AB40,837,2119 71.28 (5i) (c) 1. The maximum amount of the credits that may be claimed under
20this subsection and ss. 71.07 (5i) and 71.47 (5i) in a taxable year is $10,000,000, as
21allocated under s. 238.14 or s. 560.204, 2009 stats.
AB40, s. 2009 22Section 2009. 71.28 (5j) (a) 2d. of the statutes is amended to read:
AB40,838,223 71.28 (5j) (a) 2d. "Diesel replacement renewable fuel" includes biodiesel and
24any other fuel derived from a renewable resource that meets all of the applicable
25requirements of the American Society for Testing and Materials for that fuel and that

1the department of commerce or the department of safety and professional services
2designates by rule as a diesel replacement renewable fuel.
AB40, s. 2010 3Section 2010. 71.28 (5j) (a) 2m. of the statutes is amended to read:
AB40,838,84 71.28 (5j) (a) 2m. "Gasoline replacement renewable fuel" includes ethanol and
5any other fuel derived from a renewable resource that meets all of the applicable
6requirements of the American Society for Testing and Materials for that fuel and that
7the department of commerce or the department of safety and professional services
8designates by rule as a gasoline replacement renewable fuel.
AB40, s. 2011 9Section 2011. 71.28 (5j) (c) 3. of the statutes is amended to read:
AB40,838,1510 71.28 (5j) (c) 3. The department of commerce or the department of safety and
11professional services
shall establish standards to adequately prevent, in the
12distribution of conventional fuel to an end user, the inadvertent distribution of fuel
13containing a higher percentage of renewable fuel than the maximum percentage
14established by the federal environmental protection agency for use in
15conventionally-fueled engines.
AB40, s. 2012 16Section 2012. 71.28 (5r) (a) 6. a. of the statutes is amended to read:
AB40,838,2017 71.28 (5r) (a) 6. a. A University of Wisconsin System institution, the University
18of Wisconsin-Madison,
a technical college system institution, or a regionally
19accredited 4-year nonprofit college or university having its regional headquarters
20and principal place of business in this state.
AB40, s. 2013 21Section 2013. 71.34 (1g) (um) of the statutes is amended to read:
AB40,841,622 71.34 (1g) (um) "Internal Revenue Code" for tax-option corporations, for
23taxable years that begin after December 31, 2008, means the federal Internal
24Revenue Code as amended to December 31, 2008, excluding sections 103, 104, and
25110 of P.L. 102-227, sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.

1103-66, sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L. 104-188,
2sections 1, 3, 4, and 5 of P.L. 106-519, sections 162 and 165 of P.L. 106-554, P.L.
3106-573, section 431 of P.L. 107-16, sections 101 and 301 (a) of P.L. 107-147, sections
4106, 201, and 202 of P.L. 108-27, section 1201 of P.L. 108-173, sections 306, 308, 316,
5401, and 403 (a) of P.L. 108-311, sections 101, 102, 201, 211, 242, 244, 336, 337, 422,
6847, 909, and 910 of P.L. 108-357, P.L. 109-1, sections 1305, 1308, 1309, 1310, 1323,
71324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L. 109-58, section 11146 of P.L.
8109-59, section 301 of P.L. 109-73, sections 101, 105, 201 (a) as it relates to section
91400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L. 109-135, sections 101, 207, 209,
10503, and 513 of P.L. 109-222, section 844 of P.L. 109-280, P.L. 109-432, P.L. 110-28,
11P.L. 110-140, P.L. 110-141, P.L. 110-142, P.L. 110-166, P.L. 110-172, P.L. 110-185,
12P.L. 110-234, sections 110, 113, and 301 of P.L. 110-245, P.L. 110-246, except section
1315316 of P.L. 110-246,
P.L. 110-289, P.L. 110-317, P.L. 110-343, except section 301
14of division B and section 313 of division C of P.L. 110-343,
and P.L. 110-351, and as
15amended by sections 1401, 1402, 1521, 1522, and 1531 of division B of P.L. 111-5,
16section 301 of P.L. 111-147, and sections 2111, 2112, and 2113 of P.L. 111-240,
and
17as indirectly affected in the provisions applicable to this subchapter by P.L. 99-514,
18P.L. 100-203, P.L. 100-647, excluding sections 803 (d) (2) (B), 805 (d) (2), 812 (c) (2),
19821 (b) (2), and 823 (c) (2) of P.L. 99-514 and section 1008 (g) (5) of P.L. 100-647, P.L.
20101-73, P.L. 101-140, P.L. 101-179, P.L. 101-239, P.L. 101-508, P.L. 102-227,
21excluding sections 103, 104, and 110 of P.L. 102-227, P.L. 102-318, P.L. 102-486, P.L.
22103-66, excluding sections 13113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L.
23103-66, P.L. 103-296, P.L. 103-337, P.L. 103-465, P.L. 104-7, P.L. 104-188,
24excluding sections 1123 (b), 1202 (c), 1204 (f), 1311, and 1605 (d) of P.L. 104-188, P.L.
25104-191, P.L. 104-193, P.L. 105-33, P.L. 105-34, P.L. 105-178, P.L. 105-206, P.L.

1105-277, P.L. 106-36, P.L. 106-170, P.L. 106-230, P.L. 106-554, excluding sections
2162 and 165 of P.L. 106-554, P.L. 107-15, P.L. 107-16, excluding section 431 of P.L.
3107-16, P.L. 107-22, P.L. 107-116, P.L. 107-134, P.L. 107-147, excluding sections
4101 and 301 (a) of P.L. 107-147, P.L. 107-181, P.L. 107-210, P.L. 107-276, P.L.
5107-358, P.L. 108-27, excluding sections 106, 201, and 202 of P.L. 108-27, P.L.
6108-121, P.L. 108-173, excluding section 1201 of P.L. 108-173, P.L. 108-203, P.L.
7108-218, P.L. 108-311, excluding sections 306, 308, 316, 401, and 403 (a) of P.L.
8108-311, P.L. 108-357, excluding sections 101, 102, 201, 211, 242, 244, 336, 337, 422,
9847, 909, and 910 of P.L. 108-357, P.L. 108-375, P.L. 108-476, P.L. 109-7, P.L.
10109-58, excluding sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328,
111329, 1348, and 1351 of P.L. 109-58, P.L. 109-59, excluding section 11146 of P.L.
12109-59, P.L. 109-73, excluding section 301 of P.L. 109-73, P.L. 109-135, excluding
13sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e), (j), and
14(q), and 405 of P.L. 109-135, P.L. 109-151, P.L. 109-222, excluding sections 101, 207,
15209, 503, and 513 of P.L. 109-222, P.L. 109-227, P.L. 109-280, excluding section 844
16of P.L. 109-280,
P.L. 110-245, excluding sections 110, 113, and 301 of P.L. 110-245,
17and section 15316 of P.L. 110-246, section 301 of division B and section 313 of division
18C of P.L. 110-343,
P.L. 110-458, sections 1401, 1402, 1521, 1522, and 1531 of division
19B of P.L. 111-5, section 301 of P.L. 111-147, and sections 2111, 2112, and 2113 of P.L.
20111-240,
except that section 1366 (f) (relating to pass-through of items to
21shareholders) is modified by substituting the tax under s. 71.35 for the taxes under
22sections 1374 and 1375. The Internal Revenue Code applies for Wisconsin purposes
23at the same time as for federal purposes. Amendments to the federal Internal
24Revenue Code enacted after December 31, 2008, do not apply to this paragraph with
25respect to taxable years beginning after December 31, 2008, except that changes to

1the Internal Revenue Code made by sections 1401, 1402, 1521, 1522, and 1531 of
2division B of P.L. 111-5, section 301 of P.L. 111-147, and sections 2111, 2112, and 2113
3of P.L. 111-240, and changes that indirectly affect the provisions applicable to this
4subchapter made by sections 1401, 1402, 1521, 1522, and 1531 of division B of P.L.
5111-5, section 301 of P.L. 111-147, and sections 2111, 2112, and 2113 of P.L. 111-240,
6apply for Wisconsin purposes at the same time as for federal purposes
.
AB40, s. 2014 7Section 2014. 71.42 (2) (tm) of the statutes is amended to read:
AB40,843,148 71.42 (2) (tm) For taxable years that begin after December 31, 2008, "Internal
9Revenue Code" means the federal Internal Revenue Code as amended to
10December 31, 2008, excluding sections 103, 104, and 110 of P.L. 102-227, sections
1113113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L. 103-66, sections 1123 (b),
121202 (c), 1204 (f), 1311, and 1605 (d) of P.L. 104-188, sections 1, 3, 4, and 5 of P.L.
13106-519, sections 162 and 165 of P.L. 106-554, P.L. 106-573, section 431 of P.L.
14107-16, sections 101 and 301 (a) of P.L. 107-147, sections 106, 201, and 202 of P.L.
15108-27, section 1201 of P.L. 108-173, sections 306, 308, 316, 401, and 403 (a) of P.L.
16108-311, sections 101, 102, 201, 211, 242, 244, 336, 337, 422, 847, 909, and 910 of P.L.
17108-357, P.L. 109-1, sections 1305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328,
181329, 1348, and 1351 of P.L. 109-58, section 11146 of P.L. 109-59, section 301 of P.L.
19109-73, sections 101, 105, 201 (a) as it relates to section 1400S (a), 402 (e), 403 (e),
20(j), and (q), and 405 of P.L. 109-135, sections 101, 207, 209, 503, and 513 of P.L.
21109-222, section 844 of P.L. 109-280, P.L. 109-432, P.L. 110-28, P.L. 110-140, P.L.
22110-141, P.L. 110-142, P.L. 110-166, P.L. 110-172, P.L. 110-185, P.L. 110-234,
23sections 110, 113, and 301 of P.L. 110-245, P.L. 110-246, except section 15316 of P.L.
24110-246,
P.L. 110-289, P.L. 110-317, P.L. 110-343, except section 301 of division B
25and section 313 of division C of P.L. 110-343,
and P.L. 110-351, and as amended by

1sections 1401, 1402, 1521, 1522, and 1531 of division B of P.L. 111-5, section 301 of
2P.L. 111-147, and sections 2111, 2112, and 2113 of P.L. 111-240,
and as indirectly
3affected by P.L. 99-514, P.L. 100-203, P.L. 100-647, P.L. 101-73, P.L. 101-140, P.L.
4101-179, P.L. 101-239, P.L. 101-508, P.L. 102-227, excluding sections 103, 104, and
5110 of P.L. 102-227, P.L. 102-318, P.L. 102-486, P.L. 103-66, excluding sections
613113, 13150 (d), 13171 (d), 13174, and 13203 (d) of P.L. 103-66, P.L. 103-296, P.L.
7103-337, P.L. 103-465, P.L. 104-7, P.L. 104-188, excluding sections 1123 (b), 1202
8(c), 1204 (f), 1311, and 1605 (d) of P.L. 104-188, P.L. 104-191, P.L. 104-193, P.L.
9105-33, P.L. 105-34, P.L. 105-178, P.L. 105-206, P.L. 105-277, P.L. 106-36, P.L.
10106-170, P.L. 106-230, P.L. 106-554, excluding sections 162 and 165 of P.L. 106-554,
11P.L. 107-15, P.L. 107-16, excluding section 431 of P.L. 107-16, P.L. 107-22, P.L.
12107-116, P.L. 107-134, P.L. 107-147, excluding sections 101 and 301 (a) of P.L.
13107-147, P.L. 107-181, P.L. 107-210, P.L. 107-276, P.L. 107-358, P.L. 108-27,
14excluding sections 106, 201, and 202 of P.L. 108-27, P.L. 108-121, P.L. 108-173,
15excluding section 1201 of P.L. 108-173, P.L. 108-203, P.L. 108-218, P.L. 108-311,
16excluding sections 306, 308, 316, 401, and 403 (a) of P.L. 108-311, P.L. 108-357,
17excluding sections 101, 102, 201, 211, 242, 244, 336, 337, 422, 847, 909, and 910 of
18P.L. 108-357, P.L. 108-375, P.L. 108-476, P.L. 109-7, P.L. 109-58, excluding sections
191305, 1308, 1309, 1310, 1323, 1324, 1325, 1326, 1328, 1329, 1348, and 1351 of P.L.
20109-58, P.L. 109-59, excluding section 11146 of P.L. 109-59, P.L. 109-73, excluding
21section 301 of P.L. 109-73, P.L. 109-135, excluding sections 101, 105, 201 (a) as it
22relates to section 1400S (a), 402 (e), 403 (e), (j), and (q), and 405 of P.L. 109-135, P.L.
23109-151, P.L. 109-222, excluding sections 101, 207, 209, 503, and 513 of P.L.
24109-222, P.L. 109-227, P.L. 109-280, excluding section 844 of P.L. 109-280, P.L.
25110-245, excluding sections 110, 113, and 301 of P.L. 110-245, and section 15316 of

1P.L. 110-246, section 301 of division B and section 313 of division C of P.L. 110-343,

2P.L. 110-458, sections 1401, 1402, 1521, 1522, and 1531 of division B of P.L. 111-5,
3section 301 of P.L. 111-147, and sections 2111, 2112, and 2113 of P.L. 111-240,
except
4that "Internal Revenue Code" does not include section 847 of the federal Internal
5Revenue Code. The Internal Revenue Code applies for Wisconsin purposes at the
6same time as for federal purposes. Amendments to the federal Internal Revenue
7Code enacted after December 31, 2008, do not apply to this paragraph with respect
8to taxable years beginning after December 31, 2008, except that changes to the
9Internal Revenue Code made sections 1401, 1402, 1521, 1522, and 1531 of division
10B of P.L. 111-5, section 301 of P.L. 111-147, and sections 2111, 2112, and 2113 of P.L.
11111-240, and changes that indirectly affect the provisions applicable to this
12subchapter made by sections 1401, 1402, 1521, 1522, and 1531 of division B of P.L.
13111-5, section 301 of P.L. 111-147, and sections 2111, 2112, and 2113 of P.L. 111-240,
14apply for Wisconsin purposes at the same time as for federal purposes
.
AB40, s. 2015 15Section 2015. 71.45 (1t) (L) of the statutes is created to read:
AB40,843,2016 71.45 (1t) (L) Those issued under s. 231.03 (6), if the bonds or notes are issued
17to a person who is eligible to receive bonds or notes from another issuer for the same
18purpose for which the person is issued bonds or notes under s. 231.03 (6) and the
19interest income received from the other bonds or notes is exempt from taxation under
20this subchapter.
AB40, s. 2016 21Section 2016. 71.47 (1dd) (b) of the statutes is amended to read:
AB40,844,222 71.47 (1dd) (b) Except as provided in s. 73.03 (35), for any taxable year for
23which that person is certified under s. 560.765 (3), 2009 stats., and begins business
24operations in a zone under s. 560.71, 2009 stats., after July 29, 1995, or certified
25under s. 560.797 (4) (a), 2009 stats., for each zone for which the person is certified

1or entitled a person may credit against taxes otherwise due under this subchapter
2employment-related day care expenses, up to $1,200 for each qualifying individual.
AB40, s. 2017 3Section 2017. 71.47 (1de) (a) (intro.) of the statutes is amended to read:
AB40,844,124 71.47 (1de) (a) (intro.) Except as provided in s. 73.03 (35), for any taxable year
5for which a person is certified under s. 560.765 (3), 2009 stats., and begins business
6operations in a zone under s. 560.71, 2009 stats., after July 29, 1995, or certified
7under s. 560.797 (4) (a), 2009 stats., for each zone for which the person is certified
8or entitled the person may claim as a credit against taxes otherwise due under this
9subchapter an amount equal to 7.5% of the amount that the person expends to
10remove or contain environmental pollution, as defined in s. 299.01 (4), in the zone or
11to restore soil or groundwater that is affected by environmental pollution, as defined
12in s. 299.01 (4), in the zone if the person fulfills all of the following requirements:
AB40, s. 2018 13Section 2018. 71.47 (1de) (a) 1. of the statutes is amended to read:
AB40,844,1814 71.47 (1de) (a) 1. Begins the work, other than planning and investigating, for
15which the credit is claimed after the area that includes the site where the work is
16done is designated a development zone under s. 560.71, 2009 stats., or an enterprise
17development zone under s. 560.797, 2009 stats., and after the claimant is certified
18under s. 560.765 (3), 2009 stats., or certified under s. 560.797 (4) (a), 2009 stats.
AB40, s. 2019 19Section 2019. 71.47 (1di) (a) (intro.) of the statutes is amended to read:
AB40,845,220 71.47 (1di) (a) (intro.) Except as provided in pars. (dm) and (f) and s. 73.03 (35),
21for any taxable year for which the person is entitled under s. 560.795 (3), 2009 stats.,
22to claim tax benefits, any person may claim as a credit against taxes otherwise due
23under this chapter 2.5% of the purchase price of depreciable, tangible personal
24property, or 1.75% of the purchase price of depreciable, tangible personal property

1that is expensed under section 179 of the internal revenue code for purposes of the
2taxes under this chapter, except that:
AB40, s. 2020 3Section 2020. 71.47 (1di) (a) 1. of the statutes is amended to read:
AB40,845,94 71.47 (1di) (a) 1. The investment must be in property that is purchased after
5the person is entitled under s. 560.795 (3), 2009 stats., to claim tax benefits and that
6is used for at least 50% of its use in the conduct of the person's business operations
7at a location in a development zone under subch. VI of ch. 560, 2009 stats., or, if the
8property is mobile, the base of operations of the property for at least 50% of its use
9must be a location in a development zone.
AB40, s. 2021 10Section 2021. 71.47 (1di) (b) 2. of the statutes is amended to read:
AB40,845,1811 71.47 (1di) (b) 2. If the claimant is located on an Indian reservation, as defined
12in s. 560.86 (5), 2009 stats., and is an American Indian, as defined in s. 560.86 (1),
132009 stats., an Indian business, as defined in s. 560.86 (4), 2009 stats., or a tribal
14enterprise, as defined in s. 71.07 (2di) (b) 2., and if the allowable amount of the credit
15under this subsection exceeds the taxes otherwise due under this chapter on or
16measured by the claimant's income, the amount of the credit not used as an offset
17against those taxes shall be certified to the department of administration for
18payment to the claimant by check, share draft or other draft.
AB40, s. 2022 19Section 2022. 71.47 (1di) (b) 3. of the statutes is amended to read:
AB40,846,1120 71.47 (1di) (b) 3. Partnerships, limited liability companies and tax-option
21corporations may not claim the credit under this subsection, but the eligibility for,
22and amount of, that credit shall be determined on the basis of their economic activity,
23not that of their shareholders, partners or members. The corporation, partnership
24or limited liability company shall compute the amount of the credit that may be
25claimed by each of its shareholders, partners or members and shall provide that

1information to each of its shareholders, partners or members. Partners, members
2of limited liability companies and shareholders of tax-option corporations may claim
3the credit based on the partnership's, company's or corporation's activities in
4proportion to their ownership interest and may offset it against the tax attributable
5to their income from the partnership's, company's or corporation's business
6operations in the development zone; except that a claimant in a development zone
7under s. 560.795 (1) (e), 2009 stats., may offset the credit, including any credits
8carried over, against the amount of the tax otherwise due under this chapter
9attributable to all of the claimant's income; and against the tax attributable to their
10income from the partnership's, company's or corporation's directly related business
11operations.
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