AB40,861,2519 71.47 (3p) (c) 2m. bm. The maximum amount of the credits that may be claimed
20by members of dairy cooperatives under this subsection and ss. 71.07 (3p) and 71.28
21(3p) in fiscal year 2009-10 is $600,000, as allocated under s. 560.207, 2009 stats., and
22the maximum amount of the credits that may be claimed by members of dairy
23cooperatives under this subsection and ss. 71.07 (3p) and 71.28 (3p) in fiscal year
242010-11, and in each fiscal year thereafter, is $700,000, as allocated under s. 93.535
25or s.
560.207, 2009 stats.
AB40, s. 2075
1Section 2075. 71.47 (3p) (c) 3. of the statutes is amended to read:
AB40,862,142 71.47 (3p) (c) 3. Partnerships, limited liability companies, tax-option
3corporations, and dairy cooperatives may not claim the credit under this subsection,
4but the eligibility for, and the amount of, the credit are based on their payment of
5expenses under par. (b), except that the aggregate amount of credits that the entity
6a dairy cooperative may compute shall not exceed $200,000 for each of the entity's
7cooperative's dairy manufacturing facilities. A partnership, limited liability
8company, tax-option corporation, or dairy cooperative shall compute the amount of
9credit that each of its partners, members, or shareholders may claim and shall
10provide that information to each of them. Partners, members of limited liability
11companies, and shareholders of tax-option corporations may claim the credit in
12proportion to their ownership interest. Members of a dairy cooperative may claim
13the credit in proportion to the amount of milk that each member delivers to the dairy
14cooperative, as determined by the dairy cooperative.
AB40, s. 2076 15Section 2076. 71.47 (3p) (c) 6. of the statutes is amended to read:
AB40,862,1816 71.47 (3p) (c) 6. No credit may be allowed under this subsection unless the
17claimant submits with the claimant's return a copy of the claimant's credit
18certification and allocation under s. 93.535 or s. 560.207, 2009 stats.
AB40, s. 2077 19Section 2077. 71.47 (3q) (a) 1. of the statutes is amended to read:
AB40,862,2120 71.47 (3q) (a) 1. "Claimant" means a person certified to receive tax benefits
21under s. 238.16 (2) or s. 560.2055 (2), 2009 stats.
AB40, s. 2078 22Section 2078. 71.47 (3q) (a) 2. of the statutes is amended to read:
AB40,863,223 71.47 (3q) (a) 2. "Eligible employee" means, for taxable years beginning before
24January 1, 2011,
an eligible employee under s. 560.2055 (1) (b) , 2009 stats., who
25satisfies the wage requirements under s. 560.2055 (3) (a) or (b), 2009 stats., or, for

1taxable years beginning after December 31, 2010, and eligible employee under s.
2238.16 (1) (b)
.
AB40, s. 2079 3Section 2079. 71.47 (3q) (b) (intro.) of the statutes is amended to read:
AB40,863,74 71.47 (3q) (b) Filing claims. (intro.) Subject to the limitations provided in this
5subsection and s. 238.16 or s. 560.2055, 2009 stats., for taxable years beginning after
6December 31, 2009, a claimant may claim as a credit against the taxes imposed under
7s. 71.43 any of the following:
AB40, s. 2080 8Section 2080. 71.47 (3q) (b) 1. of the statutes is amended to read:
AB40,863,119 71.47 (3q) (b) 1. The amount of wages that the claimant paid to an eligible
10employee in the taxable year, not to exceed 10 percent of such wages, as determined
11by the department of commerce under s. 238.16 or s. 560.2055, 2009 stats.
AB40, s. 2081 12Section 2081. 71.47 (3q) (b) 2. of the statutes is amended to read:
AB40,863,1513 71.47 (3q) (b) 2. The amount of the costs incurred by the claimant in the taxable
14year, as determined under s. 238.16 or s. 560.2055, 2009 stats., to undertake the
15training activities described under s. 238.16 (3) (c) or s. 560.2055 (3) (c), 2009 stats.
AB40, s. 2082 16Section 2082. 71.47 (3q) (c) 2. of the statutes is amended to read:
AB40,863,1917 71.47 (3q) (c) 2. No credit may be allowed under this subsection unless the
18claimant includes with the claimant's return a copy of the claimant's certification for
19tax benefits under s. 238.16 (2) or s. 560.2055 (2) , 2009 stats.
AB40, s. 2083 20Section 2083. 71.47 (3q) (c) 3. of the statutes is amended to read:
AB40,863,2421 71.47 (3q) (c) 3. The maximum amount of credits that may be awarded under
22this subsection and ss. 71.07 (3q) and 71.28 (3q) for the period beginning on January
231, 2010, and ending on June 30, 2013, is $14,500,000, not including the amount of
24any credits reallocated under s. 238.15 (3) (d) or s. 560.205 (3) (d), 2009 stats.
AB40, s. 2084 25Section 2084. 71.47 (3r) (b) of the statutes is amended to read:
AB40,864,7
171.47 (3r) (b) Filing claims. Subject to the limitations provided in this
2subsection and s. 238.19 or s. 560.208, 2009 stats., for taxable years beginning after
3December 31, 2008, and before January 1, 2017, a claimant may claim as a credit
4against the taxes imposed under s. 71.43, up to the amount of the tax, an amount
5equal to 10 percent of the amount the claimant paid in the taxable year for meat
6processing modernization or expansion related to the claimant's meat processing
7operation.
AB40, s. 2085 8Section 2085. 71.47 (3r) (c) 3. a. of the statutes is amended to read:
AB40,864,119 71.47 (3r) (c) 3. a. The maximum amount of the credits that may be allocated
10under this subsection and ss. 71.07 (3r) and 71.28 (3r) in fiscal year 2009-10 is
11$300,000, as allocated under s. 560.208, 2009 stats.
AB40, s. 2086 12Section 2086. 71.47 (3r) (c) 3. b. of the statutes is amended to read:
AB40,864,1613 71.47 (3r) (c) 3. b. The maximum amount of the credits that may be allocated
14under this subsection and ss. 71.07 (3r) and 71.28 (3r) in fiscal year 2010-11, and in
15each fiscal year thereafter, is $700,000, as allocated under s. 238.19 or s. 560.208,
162009 stats
.
AB40, s. 2087 17Section 2087. 71.47 (3r) (c) 6. of the statutes is amended to read:
AB40,864,2018 71.47 (3r) (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. 238.19 or s. 560.208, 2009 stats.
AB40, s. 2088 21Section 2088. 71.47 (3rm) (b) of the statutes is amended to read:
AB40,865,322 71.47 (3rm) (b) Filing claims. Subject to the limitations provided in this
23subsection and s. 238.21 or s. 560.209, 2009 stats., for taxable years beginning after
24December 31, 2009, and before January 1, 2016, a claimant may claim as a credit
25against the taxes imposed under s. 71.43, up to the amount of the tax, an amount

1equal to 10 percent of the amount the claimant paid in the taxable year for equipment
2that is used primarily to harvest or process woody biomass that is used as fuel or as
3a component of fuel.
AB40, s. 2089 4Section 2089. 71.47 (3rm) (c) 3. of the statutes is amended to read:
AB40,865,75 71.47 (3rm) (c) 3. The maximum amount of the credits that may be claimed
6under this subsection and ss. 71.07 (3rm) and 71.28 (3rm) is $900,000, as allocated
7under s. 238.21 or s. 560.209, 2009 stats.
AB40, s. 2090 8Section 2090. 71.47 (3rn) (b) of the statutes is amended to read:
AB40,865,159 71.47 (3rn) (b) Filing claims. Subject to the limitations provided in this
10subsection and s. 238.17 or s. 506.2056 560.2056, 2009 stats., for taxable years
11beginning after December 31, 2009, and before January 1, 2017, a claimant may
12claim as a credit against the tax imposed under s. 71.43, up to the amount of the tax,
13an amount equal to 10 percent of the amount the claimant paid in the taxable year
14for food processing or food warehousing modernization or expansion related to the
15operation of the claimant's food processing plant or food warehouse.
AB40, s. 2091 16Section 2091. 71.47 (3rn) (c) 3. a. of the statutes is amended to read:
AB40,865,1917 71.47 (3rn) (c) 3. a. The maximum amount of the credits that may be allocated
18under this subsection and ss. 71.07 (3rn) and 71.28 (3rn) in fiscal year 2009-10 is
19$1,000,000, as allocated under s. 560.2056, 2009 stats.
AB40, s. 2092 20Section 2092. 71.47 (3rn) (c) 3. b. of the statutes is amended to read:
AB40,865,2321 71.47 (3rn) (c) 3. b. The maximum amount of the credits that may be allocated
22under this subsection and ss. 71.07 (3rn) and 71.28 (3rn) in fiscal year 2010-11 is
23$1,200,000, as allocated under s. 560.2056, 2009 stats.
AB40, s. 2093 24Section 2093. 71.47 (3rn) (c) 3. c. of the statutes is amended to read:
AB40,866,4
171.47 (3rn) (c) 3. c. The maximum amount of the credits that may be allocated
2under this subsection and ss. 71.07 (3rn) and 71.28 (3rn) in fiscal year 2011-12, and
3in each year thereafter, is $700,000, as allocated under s. 238.17 or s. 560.2056, 2009
4stats
.
AB40, s. 2094 5Section 2094. 71.47 (3rn) (c) 6. of the statutes is amended to read:
AB40,866,86 71.47 (3rn) (c) 6. No credit may be allowed under this subsection unless the
7claimant submits with the claimant's return a copy of the claimant's credit
8certification and allocation under s. 238.17 or s. 560.2056, 2009 stats.
AB40, s. 2095 9Section 2095. 71.47 (3t) (b) of the statutes is amended to read:
AB40,866,1510 71.47 (3t) (b) Credit. Subject to the limitations provided in this subsection and
11in s. 560.28, 2009 stats., for taxable years beginning after December 31, 2007, a
12claimant may claim as a credit, amortized over 15 taxable years starting with the
13taxable year beginning after December 31, 2007, against the tax imposed under s.
1471.43, up to the amount of the tax, an amount equal to the claimant's unused credits
15under s. 71.47 (3).
AB40, s. 2096 16Section 2096. 71.47 (3t) (c) 1. of the statutes is amended to read:
AB40,866,2317 71.47 (3t) (c) 1. No credit may be claimed under this subsection unless the
18claimant submits with the claimant's return a copy of the claimant's certification by
19the department of commerce under s. 560.28, 2009 stats., except that, with regard
20to credits claimed by partners of a partnership, members of a limited liability
21company, or shareholders of a tax-option corporation, the entity shall provide a copy
22of its certification under s. 560.28, 2009 stats., to the partner, member, or shareholder
23to submit with his or her return.
AB40, s. 2097 24Section 2097. 71.47 (3w) (a) 2. of the statutes is amended to read:
AB40,867,3
171.47 (3w) (a) 2. "Claimant" means a person who is certified to claim tax
2benefits under s. 238.399 (5) or s. 560.799 (5), 2009 stats., and who files a claim under
3this subsection.
AB40, s. 2098 4Section 2098. 71.47 (3w) (a) 3. of the statutes is amended to read:
AB40,867,65 71.47 (3w) (a) 3. "Full-time employee" means a full-time employee, as defined
6in s. 238.399 (1) (am) or s. 560.799 (1) (am), 2009 stats.
AB40, s. 2099 7Section 2099. 71.47 (3w) (a) 4. of the statutes is amended to read:
AB40,867,98 71.47 (3w) (a) 4. "Enterprise zone" means a zone designated under s. 238.399
9or
s. 560.799, 2009 stats.
AB40, s. 2100 10Section 2100. 71.47 (3w) (a) 5d. of the statutes is amended to read:
AB40,867,1311 71.47 (3w) (a) 5d. "Tier I county or municipality" means a tier I county or
12municipality, as determined by the department of commerce under s. 238.399 or s.
13560.799, 2009 stats.
AB40, s. 2101 14Section 2101. 71.47 (3w) (a) 5e. of the statutes is amended to read:
AB40,867,1715 71.47 (3w) (a) 5e. "Tier II county or municipality" means a tier II county or
16municipality, as determined by the department of commerce under s. 238.399 or s.
17560.799, 2009 stats.
AB40, s. 2102 18Section 2102. 71.47 (3w) (b) (intro.) of the statutes is amended to read:
AB40,867,2219 71.47 (3w) (b) Filing claims; payroll. (intro.) Subject to the limitations
20provided in this subsection and s. 238.399 or s. 560.799, 2009 stats., a claimant may
21claim as a credit against the tax imposed under s. 71.43 an amount calculated as
22follows:
AB40, s. 2103 23Section 2103. 71.47 (3w) (b) 5. of the statutes is amended to read:
AB40,868,3
171.47 (3w) (b) 5. Multiply the amount determined under subd. 4. by the
2percentage determined by the department of commerce under s. 238.399 or s.
3560.799, 2009 stats., not to exceed 7 percent.
AB40, s. 2104 4Section 2104. 71.47 (3w) (bm) 1. of the statutes is amended to read:
AB40,868,155 71.47 (3w) (bm) 1. In addition to the credits under par. (b) and subds. 2., 3., and
64., and subject to the limitations provided in this subsection and s. 238.399 or s.
7560.799, 2009 stats., a claimant may claim as a credit against the tax imposed under
8s. 71.43 an amount equal to a percentage, as determined by the department of
9commerce
under s. 238.399 or s. 560.799, 2009 stats., not to exceed 100 percent, of
10the amount the claimant paid in the taxable year to upgrade or improve the
11job-related skills of any of the claimant's full-time employees, to train any of the
12claimant's full-time employees on the use of job-related new technologies, or to
13provide job-related training to any full-time employee whose employment with the
14claimant represents the employee's first full-time job. This subdivision does not
15apply to employees who do not work in an enterprise zone.
AB40, s. 2105 16Section 2105. 71.47 (3w) (bm) 2. of the statutes is amended to read:
AB40,869,517 71.47 (3w) (bm) 2. In addition to the credits under par. (b) and subds. 1., 3., and
184., and subject to the limitations provided in this subsection and s. 238.399 or s.
19560.799, 2009 stats., a claimant may claim as a credit against the tax imposed under
20s. 71.43 an amount equal to the percentage, as determined by the department of
21commerce
under s. 238.399 or s. 560.799, 2009 stats., not to exceed 7 percent, of the
22claimant's zone payroll paid in the taxable year to all of the claimant's full-time
23employees whose annual wages are greater than $20,000 in a tier I county or
24municipality, not including the wages paid to the employees determined under par.
25(b) 1., or greater than $30,000 in a tier II county or municipality, not including the

1wages paid to the employees determined under par. (b) 1., and who the claimant
2employed in the enterprise zone in the taxable year, if the total number of such
3employees is equal to or greater than the total number of such employees in the base
4year. A claimant may claim a credit under this subdivision for no more than 5
5consecutive taxable years.
AB40, s. 2106 6Section 2106. 71.47 (3w) (bm) 3. of the statutes is amended to read:
AB40,869,127 71.47 (3w) (bm) 3. In addition to the credits under par. (b) and subds. 1., 2., and
84., and subject to the limitations provided in this subsection and s. 238.399 or s.
9560.799, 2009 stats., for taxable years beginning after December 31, 2008, a claimant
10may claim as a credit against the tax imposed under s. 71.43 up to 10 percent of the
11claimant's significant capital expenditures, as determined by the department of
12commerce
under s. 238.399 (5m) or s. 560.799 (5m), 2009 stats.
AB40, s. 2107 13Section 2107. 71.47 (3w) (bm) 4. of the statutes is amended to read:
AB40,869,2214 71.47 (3w) (bm) 4. In addition to the credits under par. (b) and subds. 1., 2., and
153., and subject to the limitations provided in this subsection and s. 238.399 or s.
16560.799, 2009 stats., for taxable years beginning after December 31, 2009, a claimant
17may claim as a credit against the tax imposed under s. 71.43, up to 1 percent of the
18amount that the claimant paid in the taxable year to purchase tangible personal
19property, items, property, or goods under s. 77.52 (1) (b), (c), or (d), or services from
20Wisconsin vendors, as determined by the department of commerce under s. 238.399
21(5) (e) or
s. 560.799 (5) (e), 2009 stats., except that the claimant may not claim the
22credit under this subdivision and subd. 3. for the same expenditures.
AB40, s. 2108 23Section 2108. 71.47 (3w) (c) 3. of the statutes is amended to read:
AB40,870,3
171.47 (3w) (c) 3. No credit may be allowed under this subsection unless the
2claimant includes with the claimant's return a copy of the claimant's certification for
3tax benefits under s. 238.399 (5) or (5m) or s. 560.799 (5) or (5m), 2009 stats.
AB40, s. 2109 4Section 2109. 71.47 (3w) (d) of the statutes is amended to read:
AB40,870,95 71.47 (3w) (d) Administration. Section 71.28 (4) (g) and (h), as it applies to the
6credit under s. 71.28 (4), applies to the credit under this subsection. Claimants shall
7include with their returns a copy of their certification for tax benefits, and a copy of
8the verification of their expenses, from the department of commerce or the Wisconsin
9Economic Development Corporation
.
AB40, s. 2110 10Section 2110. 71.47 (4) (am) of the statutes is amended to read:
AB40,871,1511 71.47 (4) (am) Development zone additional research credit. In addition to the
12credit under par. (ad), any corporation may credit against taxes otherwise due under
13this chapter an amount equal to 5 percent of the amount obtained by subtracting
14from the corporation's qualified research expenses, as defined in section 41 of the
15Internal Revenue Code, except that "qualified research expenses" include only
16expenses incurred by the claimant in a development zone under subch. II of ch. 238
17or
subch. VI of ch. 560, 2009 stats., except that a taxpayer may elect the alternative
18computation under section 41 (c) (4) of the Internal Revenue Code and that election
19applies until the department permits its revocation and except that "qualified
20research expenses" do not include compensation used in computing the credit under
21sub. (1dj) nor research expenses incurred before the claimant is certified for tax
22benefits under s. 238.365 (3) or s. 560.765 (3), 2009 stats., the corporation's base
23amount, as defined in section 41 (c) of the Internal Revenue Code, in a development
24zone, except that gross receipts used in calculating the base amount means gross
25receipts from sales attributable to Wisconsin under s. 71.25 (9) (b) 1. and 2., (df) 1.

1and 2., (dh) 1., 2., and 3., (dj), and (dk) and research expenses used in calculating the
2base amount include research expenses incurred before the claimant is certified for
3tax benefits under s. 238.365 (3) or s. 560.765 (3) , 2009 stats., in a development zone,
4if the claimant submits with the claimant's return a copy of the claimant's
5certification for tax benefits under s. 238.365 (3) or s. 560.765 (3), 2009 stats., and
6a statement from the department of commerce or the Wisconsin Economic
7Development Corporation
verifying the claimant's qualified research expenses for
8research conducted exclusively in a development zone. The rules under s. 73.03 (35)
9apply to the credit under this paragraph. The rules under sub. (1di) (f) and (g) as they
10apply to the credit under that subsection apply to claims under this paragraph.
11Section 41 (h) of the Internal Revenue Code does not apply to the credit under this
12paragraph. No credit may be claimed under this paragraph for taxable years that
13begin on January 1, 1998, or thereafter. Credits under this paragraph for taxable
14years that begin before January 1, 1998, may be carried forward to taxable years that
15begin on January 1, 1998, or thereafter.
AB40, s. 2111 16Section 2111. 71.47 (5b) (a) 2. of the statutes is amended to read:
AB40,871,1817 71.47 (5b) (a) 2. "Fund manager" means an investment fund manager certified
18under s. 238.15 (2) or s. 560.205 (2), 2009 stats.
AB40, s. 2112 19Section 2112. 71.47 (5b) (b) 1. of the statutes is amended to read:
AB40,871,2520 71.47 (5b) (b) 1. For taxable years beginning after December 31, 2004, subject
21to the limitations provided under this subsection and s. 238.15 or s. 560.205, 2009
22stats.
, and except as provided in subd. 2., a claimant may claim as a credit against
23the tax imposed under s. 71.43, up to the amount of those taxes, 25 percent of the
24claimant's investment paid to a fund manager that the fund manager invests in a
25business certified under s. 238.15 (1) or s. 560.205 (1), 2009 stats.
AB40, s. 2113
1Section 2113. 71.47 (5b) (b) 2. of the statutes is amended to read:
AB40,872,102 71.47 (5b) (b) 2. In the case of a partnership, limited liability company, or
3tax-option corporation, the computation of the 25 percent limitation under subd. 1.
4shall be determined at the entity level rather than the claimant level and may be
5allocated among the claimants who make investments in the manner set forth in the
6entity's organizational documents. The entity shall provide to the department of
7revenue and to the department of commerce or the Wisconsin Economic
8Development Corporation
the names and tax identification numbers of the
9claimants, the amounts of the credits allocated to the claimants, and the
10computation of the allocations.
AB40, s. 2114 11Section 2114. 71.47 (5b) (d) 3. of the statutes is amended to read:
AB40,872,1612 71.47 (5b) (d) 3. For calendar years beginning investments made after
13December 31, 2007, if an investment for which a claimant claims a credit under par.
14(b) is held by the claimant for less than 3 years, the claimant shall pay to the
15department, in the manner prescribed by the department, the amount of the credit
16that the claimant received related to the investment.
AB40, s. 2115 17Section 2115. 71.47 (5f) (a) 1. (intro.) of the statutes is amended to read:
AB40,873,318 71.47 (5f) (a) 1. (intro.) "Accredited production" means a film, video, broadcast
19advertisement, or television production, as approved by the department of commerce
20or the department of tourism, for which the aggregate salary and wages included in
21the cost of the production for the period ending 12 months after the month in which
22the principal filming or taping of the production begins exceeds $50,000. "Accredited
23production" also means an electronic game, as approved by the department of
24commerce or the department of tourism, for which the aggregate salary and wages
25included in the cost of the production for the period ending 36 months after the month

1in which the principal programming, filming, or taping of the production begins
2exceeds $100,000. "Accredited production" does not include any of the following,
3regardless of the production costs:
AB40, s. 2116 4Section 2116. 71.47 (5f) (a) 3. of the statutes is amended to read:
AB40,873,135 71.47 (5f) (a) 3. "Production expenditures" means any expenditures that are
6incurred in this state and directly used to produce an accredited production,
7including expenditures for set construction and operation, wardrobes, make-up,
8clothing accessories, photography, sound recording, sound synchronization, sound
9mixing, lighting, editing, film processing, film transferring, special effects, visual
10effects, renting or leasing facilities or equipment, renting or leasing motor vehicles,
11food, lodging, and any other similar expenditure as determined by the department
12of commerce or the department of tourism. "Production expenditures" do not include
13salary, wages, or labor-related contract payments.
AB40, s. 2117 14Section 2117. 71.47 (5f) (c) 6. of the statutes is amended to read:
AB40,873,2215 71.47 (5f) (c) 6. No credit may be allowed under this subsection unless the
16claimant files an application with the department of commerce or the department of
17tourism
, at the time and in the manner prescribed by the department of commerce
18or the department of tourism, and the department of commerce or the department
19of tourism
approves the application. The claimant shall submit a fee with the
20application in an amount equal to 2 percent of the claimant's budgeted production
21expenditures or to $5,000, whichever is less. The claimant shall submit a copy of the
22approved application with the claimant's return.
AB40, s. 2118 23Section 2118. 71.47 (5h) (c) 4. of the statutes is amended to read:
AB40,874,324 71.47 (5h) (c) 4. No claim may be allowed under this subsection unless the
25department of commerce or the department of tourism certifies, in writing, that the

1credits claimed under this subsection are for expenses related to establishing or
2operating a film production company in this state and the claimant submits a copy
3of the certification with the claimant's return.
Loading...
Loading...