SB468,245 23Section 245. 71.47 (1dy) (c) 1. of the statutes is amended to read:
SB468,82,324 71.47 (1dy) (c) 1. No credit may be allowed under this subsection unless the
25claimant includes with the claimant's return a copy of the claimant's certification

1under s. 555.301 (2) or s. 238.301 (2), 2013 stats., or s. 560.701 (2), 2009 stats., and
2a copy of the claimant's notice of eligibility to receive tax benefits under s. 555.303
3(3) or
s. 238.303 (3), 2013 stats., or s. 560.703 (3), 2009 stats.
SB468,246 4Section 246. 71.47 (1dy) (c) 2. of the statutes is amended to read:
SB468,82,135 71.47 (1dy) (c) 2. Partnerships, limited liability companies, and tax-option
6corporations may not claim the credit under this subsection, but the eligibility for,
7and the amount of, the credit are based on their authorization to claim tax benefits
8under s. 555.303 or s. 238.303, 2013 stats., or s. 560.703, 2009 stats. A partnership,
9limited liability company, or tax-option corporation shall compute the amount of
10credit that each of its partners, members, or shareholders may claim and shall
11provide that information to each of them. Partners, members of limited liability
12companies, and shareholders of tax-option corporations may claim the credit in
13proportion to their ownership interests.
SB468,247 14Section 247. 71.47 (1dy) (d) 2. of the statutes is amended to read:
SB468,82,2415 71.47 (1dy) (d) 2. If a claimant's certification is revoked under s. 555.305 or s.
16238.305, 2013 stats., or s. 560.705, 2009 stats., or if a claimant becomes ineligible for
17tax benefits under s. 555.302 or s. 238.302, 2013 stats., or s. 560.702, 2009 stats., the
18claimant may not claim credits under this subsection for the taxable year that
19includes the day on which the certification is revoked; the taxable year that includes
20the day on which the claimant becomes ineligible for tax benefits; or succeeding
21taxable years and the claimant may not carry over unused credits from previous
22years to offset the tax imposed under s. 71.43 for the taxable year that includes the
23day on which certification is revoked; the taxable year that includes the day on which
24the claimant becomes ineligible for tax benefits; or succeeding taxable years.
SB468,248 25Section 248. 71.47 (3g) (a) (intro.) of the statutes is amended to read:
SB468,83,6
171.47 (3g) (a) (intro.) Subject to the limitations under this subsection and ss.
273.03 (35m) and 555.23 and s. 238.23, 2013 stats., and s. 560.96, 2009 stats., a
3business that is certified under s. 555.23 (3) or s. 238.23 (3), 2013 stats., or s. 560.96
4(3), 2009 stats., may claim as a credit against the taxes imposed under s. 71.43 an
5amount equal to the sum of the following, as established under s. 555.23 (3) (c) or s.
6238.23 (3) (c), 2013 stats., or s. 560.96 (3) (c), 2009 stats.:
SB468,249 7Section 249. 71.47 (3g) (b) of the statutes is amended to read:
SB468,83,108 71.47 (3g) (b) The department of revenue shall notify the department of
9commerce or the Wisconsin Economic Development Corporation
department of
10economic opportunity
of all claims under this subsection.
SB468,250 11Section 250. 71.47 (3g) (e) 2. of the statutes is amended to read:
SB468,83,1512 71.47 (3g) (e) 2. The investments that relate to the amount described under par.
13(a) 2. for which a claimant makes a claim under this subsection must be retained for
14use in the technology zone for the period during which the claimant's business is
15certified under s. 555.23 (3) or s. 238.23 (3), 2013 stats., or s. 560.96 (3), 2009 stats.
SB468,251 16Section 251. 71.47 (3g) (f) 1. of the statutes is amended to read:
SB468,83,2017 71.47 (3g) (f) 1. A copy of the verification that the claimant's business is
18certified under 555.23 (3) or s. 238.23 (3), 2013 stats., or s. 560.96 (3), 2009 stats., and
19that the business has entered into an agreement under s. 555.23 (3) (d) or s. 238.23
20(3) (d), 2013 stats., or s. 560.96 (3) (d), 2009 stats.
SB468,252 21Section 252. 71.47 (3g) (f) 2. of the statutes is amended to read:
SB468,83,2522 71.47 (3g) (f) 2. A statement from the department of commerce or the Wisconsin
23Economic Development Corporation or the department of economic opportunity
24verifying the purchase price of the investment described under par. (a) 2. and
25verifying that the investment fulfills the requirement under par. (e) 2.
SB468,253
1Section 253. 71.47 (3q) (a) 1. of the statutes is amended to read:
SB468,84,32 71.47 (3q) (a) 1. "Claimant" means a person certified to receive tax benefits
3under s. 555.16 (2) or s. 238.16 (2), 2013 stats., or s. 560.2055 (2), 2009 stats.
SB468,254 4Section 254. 71.47 (3q) (a) 2. of the statutes is amended to read:
SB468,84,105 71.47 (3q) (a) 2. "Eligible employee" means, for taxable years beginning before
6January 1, 2011, an eligible employee under s. 560.2055 (1) (b), 2009 stats., who
7satisfies the wage requirements under s. 560.2055 (3) (a) or (b), 2009 stats., or, for
8taxable years beginning after December 31, 2010, an eligible employee under s.
9555.16 (1) (b) or
s. 238.16 (1) (b), 2013 stats., who satisfies the wage requirements
10under s. 555.16 (3) (a) or (b) or s. 238.16 (3) (a) or (b), 2013 stats.
SB468,255 11Section 255. 71.47 (3q) (b) (intro.) of the statutes is amended to read:
SB468,84,1512 71.47 (3q) (b) Filing claims. (intro.) Subject to the limitations provided in this
13subsection and s. 555.16 or s. 238.16, 2013 stats., or s. 560.2055, 2009 stats., for
14taxable years beginning after December 31, 2009, a claimant may claim as a credit
15against the taxes imposed under s. 71.43 any of the following:
SB468,256 16Section 256. 71.47 (3q) (b) 1. of the statutes is amended to read:
SB468,84,1917 71.47 (3q) (b) 1. The amount of wages that the claimant paid to an eligible
18employee in the taxable year, not to exceed 10 percent of such wages, as determined
19under s. 555.16 or s. 238.16, 2013 stats., or s. 560.2055, 2009 stats.
SB468,257 20Section 257. 71.47 (3q) (b) 2. of the statutes is amended to read:
SB468,84,2421 71.47 (3q) (b) 2. The amount of the costs incurred by the claimant in the taxable
22year, as determined under s. 555.16 or s. 238.16, 2013 stats., or s. 560.2055, 2009
23stats., to undertake the training activities described under s. 555.16 (3) (c) or s.
24238.16 (3) (c), 2013 stats., or s. 560.2055 (3) (c), 2009 stats.
SB468,258 25Section 258. 71.47 (3q) (c) 2. of the statutes is amended to read:
SB468,85,4
171.47 (3q) (c) 2. 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. 555.16 (2) or s. 238.16 (2) , 2013 stats., or s. 560.2055 (2), 2009
4stats.
SB468,259 5Section 259. 71.47 (3q) (c) 3. of the statutes is amended to read:
SB468,85,106 71.47 (3q) (c) 3. The maximum amount of credits that may be awarded under
7this subsection and ss. 71.07 (3q) and 71.28 (3q) for the period beginning on January
81, 2010, and ending on June 30, 2013, is $14,500,000, not including the amount of
9any credits reallocated under s. 555.15 (3) (d) or s. 238.15 (3) (d), 2013 stats., or s.
10560.205 (3) (d), 2009 stats.
SB468,260 11Section 260. 71.47 (3w) (a) 2. of the statutes is amended to read:
SB468,85,1412 71.47 (3w) (a) 2. "Claimant" means a person who is certified to claim tax
13benefits under s. 555.399 (5) or s. 238.399 (5), 2013 stats., or s. 560.799 (5), 2009
14stats., and who files a claim under this subsection.
SB468,261 15Section 261. 71.47 (3w) (a) 3. of the statutes is amended to read:
SB468,85,1816 71.47 (3w) (a) 3. "Full-time employee" means a full-time employee, as defined
17in s. 555.399 (1) (am) or s. 238.399 (1) (am), 2013 stats., or s. 560.799 (1) (am), 2009
18stats.
SB468,262 19Section 262. 71.47 (3w) (a) 4. of the statutes is amended to read:
SB468,85,2120 71.47 (3w) (a) 4. "Enterprise zone" means a zone designated under s. 555.399
21or
s. 238.399, 2013 stats., or s. 560.799, 2009 stats.
SB468,263 22Section 263. 71.47 (3w) (a) 5d. of the statutes is amended to read:
SB468,85,2523 71.47 (3w) (a) 5d. "Tier I county or municipality" means a tier I county or
24municipality, as determined under s. 555.399 or s. 238.399, 2013 stats., or s. 560.799,
252009 stats.
SB468,264
1Section 264. 71.47 (3w) (a) 5e. of the statutes is amended to read:
SB468,86,42 71.47 (3w) (a) 5e. "Tier II county or municipality" means a tier II county or
3municipality, as determined under s. 555.399 or s. 238.399, 2013 stats., or s. 560.799,
42009 stats.
SB468,265 5Section 265. 71.47 (3w) (b) (intro.) of the statutes is amended to read:
SB468,86,96 71.47 (3w) (b) Filing claims; payroll. (intro.) Subject to the limitations
7provided in this subsection and s. 555.399 or s. 238.399, 2013 stats., or s. 560.799,
82009 stats., a claimant may claim as a credit against the tax imposed under s. 71.43
9an amount calculated as follows:
SB468,266 10Section 266. 71.47 (3w) (b) 5. of the statutes is amended to read:
SB468,86,1311 71.47 (3w) (b) 5. Multiply the amount determined under subd. 4. by the
12percentage determined under s. 555.399 or s. 238.399 , 2013 stats., or s. 560.799, 2009
13stats., not to exceed 7 percent.
SB468,267 14Section 267. 71.47 (3w) (bm) 1. of the statutes is amended to read:
SB468,86,2515 71.47 (3w) (bm) 1. In addition to the credits under par. (b) and subds. 2., 3., and
164., and subject to the limitations provided in this subsection and s. 555.399 or s.
17238.399, 2013 stats., or s. 560.799, 2009 stats., a claimant may claim as a credit
18against the tax imposed under s. 71.43 an amount equal to a percentage, as
19determined under s. 555.399 or s. 238.399, 2013 stats., or s. 560.799, 2009 stats., not
20to exceed 100 percent, of the amount the claimant paid in the taxable year to upgrade
21or improve the job-related skills of any of the claimant's full-time employees, to train
22any of the claimant's full-time employees on the use of job-related new technologies,
23or to provide job-related training to any full-time employee whose employment with
24the claimant represents the employee's first full-time job. This subdivision does not
25apply to employees who do not work in an enterprise zone.
SB468,268
1Section 268. 71.47 (3w) (bm) 2. of the statutes is amended to read:
SB468,87,162 71.47 (3w) (bm) 2. In addition to the credits under par. (b) and subds. 1., 3., and
34., and subject to the limitations provided in this subsection and s. 555.399 or s.
4238.399, 2013 stats., or s. 560.799, 2009 stats., a claimant may claim as a credit
5against the tax imposed under s. 71.43 an amount equal to the percentage, as
6determined under s. 555.399 or s. 238.399, 2013 stats., or s. 560.799, 2009 stats., not
7to exceed 7 percent, of the claimant's zone payroll paid in the taxable year to all of
8the claimant's full-time employees whose annual wages are greater than the amount
9determined by multiplying 2,080 by 150 percent of the federal minimum wage in a
10tier I county or municipality, not including the wages paid to the employees
11determined under par. (b) 1., or greater than $30,000 in a tier II county or
12municipality, not including the wages paid to the employees determined under par.
13(b) 1., and who the claimant employed in the enterprise zone in the taxable year, if
14the total number of such employees is equal to or greater than the total number of
15such employees in the base year. A claimant may claim a credit under this
16subdivision for no more than 5 consecutive taxable years.
SB468,269 17Section 269. 71.47 (3w) (bm) 3. of the statutes is amended to read:
SB468,87,2418 71.47 (3w) (bm) 3. In addition to the credits under par. (b) and subds. 1., 2., and
194., and subject to the limitations provided in this subsection and s. 555.399 or s.
20238.399, 2013 stats., or s. 560.799, 2009 stats., for taxable years beginning after
21December 31, 2008, a claimant may claim as a credit against the tax imposed under
22s. 71.43 up to 10 percent of the claimant's significant capital expenditures, as
23determined under s. 555.399 (5m) or s. 238.399 (5m) , 2013 stats., or s. 560.799 (5m),
242009 stats.
SB468,270 25Section 270. 71.47 (3w) (bm) 4. of the statutes is amended to read:
SB468,88,10
171.47 (3w) (bm) 4. In addition to the credits under par. (b) and subds. 1., 2., and
23., and subject to the limitations provided in this subsection and s. 555.399 or s.
3238.399, 2013 stats., or s. 560.799, 2009 stats., for taxable years beginning after
4December 31, 2009, a claimant may claim as a credit against the tax imposed under
5s. 71.43, up to 1 percent of the amount that the claimant paid in the taxable year to
6purchase tangible personal property, items, property, or goods under s. 77.52 (1) (b),
7(c), or (d), or services from Wisconsin vendors, as determined under s. 555.399 (5) (e)
8or
s. 238.399 (5) (e), 2013 stats., or s. 560.799 (5) (e), 2009 stats., except that the
9claimant may not claim the credit under this subdivision and subd. 3. for the same
10expenditures.
SB468,271 11Section 271. 71.47 (3w) (c) 3. of the statutes is amended to read:
SB468,88,1512 71.47 (3w) (c) 3. No credit may be allowed under this subsection unless the
13claimant includes with the claimant's return a copy of the claimant's certification for
14tax benefits under s. 555.399 (5) or (5m) or s. 238.399 (5) or (5m), 2013 stats., or s.
15560.799 (5) or (5m), 2009 stats.
SB468,272 16Section 272. 71.47 (3w) (d) of the statutes is amended to read:
SB468,88,2117 71.47 (3w) (d) Administration. Section 71.28 (4) (g) and (h), as it applies to the
18credit under s. 71.28 (4), applies to the credit under this subsection. Claimants shall
19include with their returns a copy of their certification for tax benefits, and a copy of
20the verification of their expenses, from the department of commerce or the Wisconsin
21Economic Development Corporation or the department of economic opportunity.
SB468,273 22Section 273. 71.47 (3y) (a) 1. of the statutes, as created by 2015 Wisconsin Act
2355
, is amended to read:
SB468,88,2524 71.47 (3y) (a) 1. "Claimant" means a person certified to receive tax benefits
25under s. 238.308 555.308.
SB468,274
1Section 274. 71.47 (3y) (a) 2. of the statutes, as created by 2015 Wisconsin Act
255
, is amended to read:
SB468,89,43 71.47 (3y) (a) 2. "Eligible employee" has the meaning given in s. 238.308
4555.308 (1) (a).
SB468,275 5Section 275. 71.47 (3y) (b) (intro.) of the statutes, as created by 2015 Wisconsin
6Act 55
, is amended to read:
SB468,89,107 71.47 (3y) (b) Filing claims. (intro.) Subject to the limitations provided in this
8subsection and s. 238.308 555.308, for taxable years beginning after December 31,
92015, a claimant may claim as a credit against the tax imposed under s. 71.43 all of
10the following:
SB468,276 11Section 276. 71.47 (3y) (b) 1. of the statutes, as created by 2015 Wisconsin Act
1255
, is amended to read:
SB468,89,1613 71.47 (3y) (b) 1. The amount of wages that the claimant paid to an eligible
14employee in the taxable year, not to exceed 10 percent of such wages, as determined
15by the Wisconsin Economic Development Corporation department of economic
16opportunity
under s. 238.308 555.308.
SB468,277 17Section 277. 71.47 (3y) (b) 2. of the statutes, as created by 2015 Wisconsin Act
1855
, is amended to read:
SB468,89,2319 71.47 (3y) (b) 2. In addition to any amount claimed for an eligible employee
20under subd. 1., the amount of wages that the claimant paid to the eligible employee
21in the taxable year, not to exceed 5 percent of such wages, if the eligible employee is
22employed in an economically distressed area, as determined by the Wisconsin
23Economic Development Corporation
department of economic opportunity.
SB468,278 24Section 278. 71.47 (3y) (b) 3. of the statutes, as created by 2015 Wisconsin Act
2555
, is amended to read:
SB468,90,4
171.47 (3y) (b) 3. The amount of training costs that the claimant incurred under
2s. 238.308 555.308 (4) (a) 3., not to exceed 50 percent of such costs, as determined by
3the Wisconsin Economic Development Corporation department of economic
4opportunity
.
SB468,279 5Section 279. 71.47 (3y) (b) 4. of the statutes, as created by 2015 Wisconsin Act
655
, is amended to read:
SB468,90,117 71.47 (3y) (b) 4. The amount of the personal property investment, not to exceed
83 percent of such investment, and the amount of the real property investment, not
9to exceed 5 percent of such investment, in a capital investment project that satisfies
10s. 238.308 555.308 (4) (a) 4., as determined by the Wisconsin Economic Development
11Corporation
department of economic opportunity.
SB468,280 12Section 280. 71.47 (3y) (b) 5. of the statutes, as created by 2015 Wisconsin Act
1355
, is amended to read:
SB468,90,2114 71.47 (3y) (b) 5. An amount, as determined by the Wisconsin Economic
15Development Corporation
department of economic opportunity under s. 238.308
16555.308 (4) (a) 5., equal to a percentage of the amount of wages that the claimant paid
17to an eligible employee in the taxable year if the position in which the eligible
18employee was employed was created or retained in connection with the claimant's
19location or retention of the claimant's corporate headquarters in Wisconsin and the
20job duties associated with the eligible employee's position involve the performance
21of corporate headquarters functions.
SB468,281 22Section 281. 71.47 (3y) (c) 2. of the statutes, as created by 2015 Wisconsin Act
2355
, is amended to read:
SB468,91,3
171.47 (3y) (c) 2. 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. 238.308 555.308.
SB468,282 4Section 282. 71.47 (4) (am) of the statutes, as affected by 2015 Wisconsin Act
555
, is amended to read:
SB468,92,106 71.47 (4) (am) Development zone additional research credit. In addition to the
7credit under par. (ad), any corporation may credit against taxes otherwise due under
8this chapter an amount equal to 5 percent of the amount obtained by subtracting
9from the corporation's qualified research expenses, as defined in section 41 of the
10Internal Revenue Code, except that "qualified research expenses" include only
11expenses incurred by the claimant in a development zone under subch. III of ch. 555
12or
subch. II of ch. 238, 2013 stats., or subch. VI of ch. 560, 2009 stats., except that a
13taxpayer may elect the alternative computation under section 41 (c) (4) of the
14Internal Revenue Code and that election applies until the department permits its
15revocation and except that "qualified research expenses" does not include research
16expenses incurred before the claimant is certified for tax benefits under s. 555.365
17(3) or
s. 238.365 (3), 2013 stats., or s. 560.765 (3), 2009 stats., or the corporation's base
18amount, as defined in section 41 (c) of the Internal Revenue Code, in a development
19zone, except that gross receipts used in calculating the base amount means gross
20receipts from sales attributable to Wisconsin under s. 71.25 (9) (b) 1. and 2., (df) 1.
21and 2., (dh) 1., 2., and 3., (dj), and (dk) and research expenses used in calculating the
22base amount include research expenses incurred before the claimant is certified for
23tax benefits under s. 555.365 (3) or s. 238.365 (3) , 2013 stats., or s. 560.765 (3), 2009
24stats., in a development zone, if the claimant submits with the claimant's return a
25copy of the claimant's certification for tax benefits under s. 555.365 (3) or s. 238.365

1(3), 2013 stats., or s. 560.765 (3), 2009 stats., and a statement from the department
2of commerce or the Wisconsin Economic Development Corporation or the
3department of economic opportunity
verifying the claimant's qualified research
4expenses for research conducted exclusively in a development zone. The rules under
5s. 73.03 (35) apply to the credit under this paragraph. Section 41 (h) of the Internal
6Revenue Code does not apply to the credit under this paragraph. No credit may be
7claimed under this paragraph for taxable years that begin on January 1, 1998, or
8thereafter. Credits under this paragraph for taxable years that begin before January
91, 1998, may be carried forward to taxable years that begin on January 1, 1998, or
10thereafter.
SB468,283 11Section 283. 71.47 (5b) (a) 2. of the statutes is amended to read:
SB468,92,1312 71.47 (5b) (a) 2. "Fund manager" means an investment fund manager certified
13under s. 555.15 (2) or s. 238.15 (2), 2013 stats., or s. 560.205 (2), 2009 stats.
SB468,284 14Section 284. 71.47 (5b) (b) 1. of the statutes is amended to read:
SB468,92,2115 71.47 (5b) (b) 1. For taxable years beginning after December 31, 2004, subject
16to the limitations provided under this subsection and s. 555.15 or s. 238.15, 2013
17stats.,
or s. 560.205, 2009 stats., and except as provided in subd. 2., a claimant may
18claim as a credit against the tax imposed under s. 71.43, up to the amount of those
19taxes, 25 percent of the claimant's investment paid to a fund manager that the fund
20manager invests in a business certified under s. 555.15 (1) or s. 238.15 (1), 2013
21stats.,
or s. 560.205 (1), 2009 stats.
SB468,285 22Section 285. 71.47 (5b) (b) 2. of the statutes is amended to read:
SB468,93,623 71.47 (5b) (b) 2. In the case of a partnership, limited liability company, or
24tax-option corporation, the computation of the 25 percent limitation under subd. 1.
25shall be determined at the entity level rather than the claimant level and may be

1allocated among the claimants who make investments in the manner set forth in the
2entity's organizational documents. The entity shall provide to the department of
3revenue and to the department of commerce or the Wisconsin Economic
4Development Corporation
department of economic opportunity the names and tax
5identification numbers of the claimants, the amounts of the credits allocated to the
6claimants, and the computation of the allocations.
SB468,286 7Section 286. 71.47 (5b) (d) 3. of the statutes is amended to read:
SB468,93,128 71.47 (5b) (d) 3. Except as provided under s. 238.15 555.15 (3) (d) (intro.), for
9investments made after December 31, 2007, if an investment for which a claimant
10claims a credit under par. (b) is held by the claimant for less than 3 years, the
11claimant shall pay to the department, in the manner prescribed by the department,
12the amount of the credit that the claimant received related to the investment.
SB468,287 13Section 287. 71.47 (6) (c) (intro.) of the statutes is amended to read:
SB468,93,1814 71.47 (6) (c) (intro.) No person may claim the credit under par. (a) 2m. unless
15the claimant includes with the claimant's return a copy of the claimant's certification
16under s. 238.17 555.17. For certification purposes under s. 238.17 555.17, the
17claimant shall provide to the Wisconsin Economic Development Corporation
18department of economic opportunity all of the following:
SB468,288 19Section 288. 71.78 (4) (m) of the statutes is amended to read:
SB468,93,2320 71.78 (4) (m) The chief executive officer secretary of the Wisconsin Economic
21Development Corporation
economic opportunity and employees of the corporation
22department of economic opportunity to the extent necessary to administer the
23development zone program under subch. II of ch. 238 555.
SB468,289 24Section 289. 73.03 (35) of the statutes, as affected by 2015 Wisconsin Act 55,
25is amended to read:
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