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.
AB40, s. 2119 4Section 2119. 71.47 (5i) (c) 1. of the statutes is amended to read:
AB40,874,75 71.47 (5i) (c) 1. The maximum amount of the credits that may be claimed under
6this subsection and ss. 71.07 (5i) and 71.28 (5i) in a taxable year is $10,000,000, as
7allocated under s. 238.14 or s. 560.204, 2009 stats.
AB40, s. 2120 8Section 2120. 71.47 (5j) (a) 2d. of the statutes is amended to read:
AB40,874,139 71.47 (5j) (a) 2d. "Diesel replacement renewable fuel" includes biodiesel and
10any other fuel derived from a renewable resource that meets all of the applicable
11requirements of the American Society for Testing and Materials for that fuel and that
12the department of commerce safety and professional services designates by rule as
13a diesel replacement renewable fuel.
AB40, s. 2121 14Section 2121. 71.47 (5j) (a) 2m. of the statutes is amended to read:
AB40,874,1915 71.47 (5j) (a) 2m. "Gasoline replacement renewable fuel" includes ethanol and
16any other fuel derived from a renewable resource that meets all of the applicable
17requirements of the American Society for Testing and Materials for that fuel and that
18the department of commerce safety and professional services designates by rule as
19a gasoline replacement renewable fuel.
AB40, s. 2122 20Section 2122. 71.47 (5j) (c) 3. of the statutes is amended to read:
AB40,874,2521 71.47 (5j) (c) 3. The department of commerce safety and professional services
22shall establish standards to adequately prevent, in the distribution of conventional
23fuel to an end user, the inadvertent distribution of fuel containing a higher
24percentage of renewable fuel than the maximum percentage established by the
25federal environmental protection agency for use in conventionally-fueled engines.
AB40, s. 2123
1Section 2123. 71.47 (5r) (a) 6. a. of the statutes is amended to read:
AB40,875,52 71.47 (5r) (a) 6. a. A University of Wisconsin System institution, the University
3of Wisconsin–Madison,
a technical college system institution, or a regionally
4accredited 4-year nonprofit college or university having its regional headquarters
5and principal place of business in this state.
AB40, s. 2124 6Section 2124. 71.54 (1) (f) (intro.) of the statutes is amended to read:
AB40,875,107 71.54 (1) (f) 2001 and thereafter to 2011. (intro.) Subject to sub. (2m), the
8amount of any claim filed in 2001 and thereafter to 2011 and based on property taxes
9accrued or rent constituting property taxes accrued during the previous year is
10limited as follows:
AB40, s. 2125 11Section 2125. 71.54 (1) (g) of the statutes is created to read:
AB40,875,1412 71.54 (1) (g) 2012 and thereafter. The amount of any claim filed in 2012 and
13thereafter and based on property taxes accrued or rent constituting property taxes
14accrued during the previous year is limited as follows:
AB40,875,1715 1. If the household income was $8,060 or less in the year to which the claim
16relates, the claim is limited to 80 percent of the property taxes accrued or rent
17constituting property taxes accrued or both in that year on the claimant's homestead.
AB40,875,2218 2. If the household income was more than $8,060 in the year to which the claim
19relates, the claim is limited to 80 percent of the amount by which the property taxes
20accrued or rent constituting property taxes accrued or both in that year on the
21claimant's homestead exceeds 8.785 percent of the household income exceeding
22$8,060.
AB40,875,2423 3. No credit may be allowed if the household income of a claimant exceeds
24$24,680.
AB40, s. 2126 25Section 2126. 71.54 (2) (b) 3. of the statutes is amended to read:
AB40,876,2
171.54 (2) (b) 3. Subject to sub. (2m), in calendar year 1990 or any subsequent
2calendar year
years 1990 to 2010, $1,450.
AB40, s. 2127 3Section 2127. 71.54 (2) (b) 4. of the statutes is created to read:
AB40,876,44 71.54 (2) (b) 4. In calendar years 2011 or any subsequent calendar year, $1,460.
AB40, s. 2128 5Section 2128. 71.54 (2m) of the statutes is amended to read:
AB40,876,226 71.54 (2m) Indexing for inflation; 2010 and thereafter. (a) For calendar years
7beginning after December 31, 2009, and before January 1, 2011, the dollar amounts
8of the threshold income under sub. (1) (f) 1. and 2., the maximum household income
9under sub. (1) (f) 3. and the maximum property taxes under sub. (2) (b) 3. shall be
10increased each year by a percentage equal to the percentage change between the U.S.
11consumer price index for all urban consumers, U.S. city average, for the 12-month
12average of the U.S. consumer price index for the month of August of the year before
13the previous year through the month of July of the previous year and the U.S.
14consumer price index for all urban consumers, U.S. city average, for the 12-month
15average of the U.S. consumer price index for August 2007 through July 2008, as
16determined by the federal department of labor, except that the adjustment may occur
17only if the percentage is a positive number. Each amount that is revised under this
18paragraph shall be rounded to the nearest multiple of $10 if the revised amount is
19not a multiple of $10 or, if the revised amount is a multiple of $5, such an amount
20shall be increased to the next higher multiple of $10. The department of revenue
21shall annually adjust the changes in dollar amounts required under this paragraph
22and incorporate the changes into the income tax forms and instructions.
AB40,877,323 (b) The department of revenue shall annually adjust the slope under sub. (1)
24(f) 2. such that, as a claimant's income increases from the threshold income as
25calculated under par. (a), to an amount that exceeds the maximum household income

1as calculated under par. (a), the credit that may be claimed is reduced to $0 and the
2department of revenue shall incorporate the changes into the income tax forms and
3instructions.
AB40, s. 2129 4Section 2129. 71.78 (4) (m) of the statutes is amended to read:
AB40,877,85 71.78 (4) (m) The secretary of commerce chief executive officer of the Wisconsin
6Economic Development Corporation
and employees of that department the
7corporation
to the extent necessary to administer the development zone program
8under subch. VI of ch. 560 II of ch. 238.
AB40, s. 2130 9Section 2130. 71.93 (1) (a) 3. of the statutes is amended to read:
AB40,877,1210 71.93 (1) (a) 3. An amount that the department of health services may recover
11under s. 49.45 (2) (a) 10., 49.497, 49.793, or 49.847, if the department of health
12services has certified the amount under s. 49.85.
AB40, s. 2131 13Section 2131. 71.93 (1) (a) 4. of the statutes is amended to read:
AB40,877,1614 71.93 (1) (a) 4. An amount that the department of children and families may
15recover under s. 49.161 or, 49.195 (3) , or 49.373 or collect under s. 49.147 (6) (cm), if
16the department of children and families has certified the amount under s. 49.85.
AB40, s. 2132 17Section 2132. 73.03 (27) of the statutes is amended to read:
AB40,877,2218 73.03 (27) To write off from the records of the department income, franchise,
19sales, use, withholding, motor fuel, gift, beverage and cigarette tax and recycling
20economic development surcharge liabilities, following a determination by the
21secretary of revenue that they are not collectible. Taxes written off under this
22subsection remain legal obligations.
AB40, s. 2133 23Section 2133. 73.03 (35) of the statutes is amended to read:
AB40,878,624 73.03 (35) To deny a portion of a credit claimed under s. 71.07 (2dd), (2de), (2di),
25(2dj), (2dL), (2dm), (2dr), (2ds), or (2dx), 71.28 (1dd), (1de), (1di), (1dj), (1dL), (1dm),

1(1ds), (1dx), or (4) (am), 71.47 (1dd), (1de), (1di), (1dj), (1dL), (1dm), (1ds), (1dx), or
2(4) (am), or 76.636 if granting the full amount claimed would violate a requirement
3under s. 238.385 or s. 560.785, 2009 stats., or would bring the total of the credits
4granted to that claimant under all of those subsections over the limit for that
5claimant under s. 238.368, 238.395 (2) (b), or 238.397 (5) (b) or s. 560.768, 2009 stats.,
6s.
560.795 (2) (b), 2009 stats., or s. 560.797 (5) (b), 2009 stats.
AB40, s. 2134 7Section 2134. 73.03 (35m) of the statutes is amended to read:
AB40,878,128 73.03 (35m) To deny a portion of a credit claimed under s. 71.07 (3g), 71.28 (3g),
9or 71.47 (3g), if granting the full amount claimed would violate a requirement under
10s. 238.23 or s. 560.96, 2009 stats., or would bring the total of the credits claimed under
11ss. 71.07 (3g), 71.28 (3g), and 71.47 (3g) over the limit for all claimants under s.
12238.23 (2) or
s. 560.96 (2), 2009 stats.
AB40, s. 2135 13Section 2135. 73.03 (63) of the statutes is amended to read:
AB40,878,2214 73.03 (63) Notwithstanding the amount limitations specified under ss. s. 71.07
15(5d) (c) 1. and s. 238.15 (3) (d) or s. 560.205 (3) (d), 2009 stats., in consultation with
16the department of commerce or the Wisconsin Economic Development Corporation,
17to carry forward to subsequent taxable years unclaimed credit amounts of the early
18stage seed investment credits under ss. 71.07 (5b), 71.28 (5b), 71.47 (5b), and 76.638
19and the angel investment credit under s. 71.07 (5d). Annually, no later than July 1,
20the department of commerce or the Wisconsin Economic Development Corporation
21shall submit to the department of revenue its recommendations for the carry forward
22of credit amounts as provided under this subsection.
AB40, s. 2136 23Section 2136. 73.0301 (1) (b) of the statutes is amended to read:
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