AB1,23 11Section 23 . 71.07 (3w) (bm) 5. of the statutes is created to read:
AB1,16,212 71.07 (3w) (bm) 5. In addition to the credits under par. (b) and subds. 1. to 4.,
13and subject to the limitations provided in this subsection and s. 238.399 or s. 560.799,
142009 stats., a claimant that has retained the minimum number of full-time
15employees determined under s. 238.399 (5) (f) and maintained average zone payroll
16for the taxable year equal to or greater than the base year may claim as a credit
17against the tax imposed under s. 71.02 or 71.08 an amount equal to the percentage,
18as determined by the Wisconsin Economic Development Corporation, of the
19claimant's zone payroll paid in the 12 months prior to the certification date to the
20claimant's full-time employees in the enterprise zone whose annual wages are
21greater than the amount determined by multiplying 2,080 by 150 percent of the
22federal minimum wage in a tier I county or municipality or greater than $30,000 in
23a tier II county or municipality. The amount that the claimant may claim as credit
24under this subdivision for a taxable year shall not exceed $2,000,000. A claimant

1may claim a credit under this subdivision for no more than 5 consecutive taxable
2years.
AB1,24 3Section 24. 71.07 (3wm) of the statutes is created to read:
AB1,16,54 71.07 (3wm) Electronics and information technology manufacturing zone
5credit.
(a) Definitions. In this subsection:
AB1,16,76 1. “Claimant" means a person who is certified to claim tax benefits under s.
7238.396 (3) and who files a claim under this subsection.
AB1,16,98 2. “Full-time employee" means a full-time employee, as defined in s. 238.399
9(1) (am).
AB1,16,1110 3. “State payroll" means the amount of payroll apportioned to this state, as
11determined under s. 71.25 (8).
AB1,16,1312 4. “Tier I county or municipality" means a tier I county or municipality, as
13determined under s. 238.396 (4) (e).
AB1,16,1514 5. “Tier II county or municipality" means a tier II county or municipality, as
15determined under s. 238.396 (4) e).
AB1,16,1716 6. “Wages" means wages under section 3306 (b) of the Internal Revenue Code,
17determined without regard to any dollar limitations.
AB1,16,1818 7. “Zone” means a zone designated under s. 238.396 (1m).
AB1,16,2419 8. “Zone payroll" means the amount of state payroll that is attributable to
20wages paid to full-time employees for services that are performed in the zone or that
21are performed outside the zone, but within the state, and for the benefit of the
22operations within the zone, as determined by the Wisconsin Economic Development
23Corporation. “Zone payroll" does not include the amount of wages paid to any
24full-time employees that exceeds $100,000.
AB1,17,3
1(b) Filing claims; payroll. Subject to the limitations provided in this subsection
2and s. 238.396, a claimant may claim as a credit against the tax imposed under s.
371.02 or 71.08 an amount calculated as follows:
AB1,17,74 1. Determine the zone payroll for the taxable year for full-time employees
5whose annual wages are greater than the amount determined by multiplying 2,080
6by 150 percent of the federal minimum wage in a tier I county or municipality or
7greater than $30,000 in a tier II county or municipality.
AB1,17,88 2. Multiply the amount determined under subd. 1. by 17 percent.
AB1,17,139 (bm) Filing supplemental claims. In addition to claiming the credit under par.
10(b), and subject to the limitations under this subsection and s. 238.396, a claimant
11may claim as a credit against the tax imposed under s. 71.02 or 71.08 an amount
12equal to 15 percent of the claimant's significant capital expenditures in the zone in
13the taxable year, as determined under s. 238.396 (3m).
AB1,17,2114 (c) Limitations. 1. Partnerships, limited liability companies, and tax-option
15corporations may not claim the credit under this subsection, but the eligibility for,
16and the amount of, the credit are based on their payment of amounts described under
17pars. (b) and (bm). A partnership, limited liability company, or tax-option
18corporation shall compute the amount of credit that each of its partners, members,
19or shareholders may claim and shall provide that information to each of them.
20Partners, members of limited liability companies, and shareholders of tax-option
21corporations may claim the credit in proportion to their ownership interests.
AB1,17,2422 2. No credit may be allowed under this subsection unless the claimant includes
23with the claimant's return a copy of the claimant's certification for tax benefits under
24s. 238.396 (3).
AB1,18,2
1(d) Administration. 1. Section 71.28 (4) (g) and (h), as it applies to the credit
2under s. 71.28 (4), applies to the credit under this subsection.
AB1,18,83 2. If the allowable amount of the claim under this subsection exceeds the taxes
4otherwise due on the claimant's income under s. 71.02, the amount of the claim that
5is not used to offset those taxes shall be certified by the department of revenue to the
6department of administration for payment by check, share draft, or other draft
7drawn from the appropriation under s. 20.835 (2) (cp). Notwithstanding s. 71.82, no
8interest shall be paid on amounts certified under this subdivision.
AB1,25 9Section 25. 71.08 (1) (intro.) of the statutes is amended to read:
AB1,18,1810 71.08 (1) Imposition. (intro.) If the tax imposed on a natural person, married
11couple filing jointly, trust, or estate under s. 71.02, not considering the credits under
12ss. 71.07 (1), (2dx), (2dy), (3m), (3n), (3p), (3q), (3r), (3rm), (3rn), (3s), (3t), (3w),
13(3wm), (3y), (4k), (5b), (5d), (5e), (5f), (5h), (5i), (5j), (5n), (6), (6e), (8r), (9e), (9m), and
14(9r), 71.28 (1dx), (1dy), (2m), (3), (3n), (3t), (3w), (3wm), and (3y), 71.47 (1dx), (1dy),
15(2m), (3), (3n), (3t), (3w), and (3y), 71.57 to 71.61, and 71.613 and subch. VIII and
16payments to other states under s. 71.07 (7), is less than the tax under this section,
17there is imposed on that natural person, married couple filing jointly, trust or estate,
18instead of the tax under s. 71.02, an alternative minimum tax computed as follows:
AB1,26 19Section 26. 71.10 (4) (i) of the statutes is amended to read:
AB1,19,920 71.10 (4) (i) The total of claim of right credit under s. 71.07 (1), farmland
21preservation credit under ss. 71.57 to 71.61, farmland preservation credit, 2010 and
22beyond under s. 71.613, homestead credit under subch. VIII, farmland tax relief
23credit under s. 71.07 (3m), dairy manufacturing facility investment credit under s.
2471.07 (3p), jobs tax credit under s. 71.07 (3q), meat processing facility investment
25credit under s. 71.07 (3r), woody biomass harvesting and processing credit under s.

171.07 (3rm), food processing plant and food warehouse investment credit under s.
271.07 (3rn), business development credit under s. 71.07 (3y), film production services
3credit under s. 71.07 (5f), film production company investment credit under s. 71.07
4(5h), veterans and surviving spouses property tax credit under s. 71.07 (6e),
5enterprise zone jobs credit under s. 71.07 (3w), electronics and information
6technology manufacturing zone credit under s. 71.07 (3wm),
beginning farmer and
7farm asset owner tax credit under s. 71.07 (8r), earned income tax credit under s.
871.07 (9e), estimated tax payments under s. 71.09, and taxes withheld under subch.
9X.
AB1,27 10Section 27. 71.21 (4) (a) of the statutes is amended to read:
AB1,19,1411 71.21 (4) (a) The amount of the credits computed by a partnership under s.
1271.07 (2dm), (2dx), (2dy), (3g), (3h), (3n), (3p), (3q), (3r), (3rm), (3rn), (3s), (3t), (3w),
13(3wm), (3y), (4k), (4n), (5e), (5f), (5g), (5h), (5i), (5j), (5k), (5r), (5rm), (6n), and (8r) and
14passed through to partners shall be added to the partnership's income.
AB1,28 15Section 28. 71.26 (2) (a) 4. of the statutes is amended to read:
AB1,19,2116 71.26 (2) (a) 4. Plus the amount of the credit computed under s. 71.28 (1dm),
17(1dx), (1dy), (3g), (3h), (3n), (3p), (3q), (3r), (3rm), (3rn), (3t), (3w), (3wm), (5e), (5f),
18(5g), (5h), (5i), (5j), (5k), (5r), (5rm), (6n), (8r), and (9s) and not passed through by a
19partnership, limited liability company, or tax-option corporation that has added that
20amount to the partnership's, limited liability company's, or tax-option corporation's
21income under s. 71.21 (4) or 71.34 (1k) (g).
AB1,29 22Section 29 . 71.28 (3w) (bm) 5. of the statutes is created to read:
AB1,20,1123 71.28 (3w) (bm) 5. In addition to the credits under par. (b) and subds. 1. to 4.,
24and subject to the limitations provided in this subsection and s. 238.399 or s. 560.799,
252009 stats., a claimant that has retained the minimum number of full-time

1employees determined under s. 238.399 (5) (f) and maintained average zone payroll
2for the taxable year equal to or greater than the base year may claim as a credit
3against the tax imposed under s. 71.23 an amount equal to the percentage, as
4determined by the Wisconsin Economic Development Corporation, of the claimant's
5zone payroll paid in the 12 months prior to the certification date to the claimant's
6full-time employees in the enterprise zone whose annual wages are greater than the
7amount determined by multiplying 2,080 by 150 percent of the federal minimum
8wage in a tier I county or municipality or greater than $30,000 in a tier II county or
9municipality. The amount that the claimant may claim as credit under this
10subdivision for a taxable year shall not exceed $2,000,000. A claimant may claim a
11credit under this subdivision for no more than 5 consecutive taxable years.
AB1,30 12Section 30. 71.28 (3wm) of the statutes is created to read:
AB1,20,1413 71.28 (3wm) Electronics and information technology manufacturing zone
14credit.
(a) Definitions. In this subsection:
AB1,20,1615 1. “Claimant" means a person who is certified to claim tax benefits under s.
16238.396 (3) and who files a claim under this subsection.
AB1,20,1817 2. “Full-time employee" means a full-time employee, as defined in s. 238.399
18(1) (am).
AB1,20,2019 3. “State payroll" means the amount of payroll apportioned to this state, as
20determined under s. 71.25 (8).
AB1,20,2221 4. “Tier I county or municipality" means a tier I county or municipality, as
22determined under s. 238.396 (4) (e).
AB1,20,2423 5. “Tier II county or municipality" means a tier II county or municipality, as
24determined under s. 238.396 (4) e).
AB1,21,2
16. “Wages" means wages under section 3306 (b) of the Internal Revenue Code,
2determined without regard to any dollar limitations.
AB1,21,33 7. “Zone” means a zone designated under s. 238.396 (1m).
AB1,21,94 8. “Zone payroll" means the amount of state payroll that is attributable to
5wages paid to full-time employees for services that are performed in the zone or that
6are performed outside the zone, but within the state, and for the benefit of the
7operations within the zone, as determined by the Wisconsin Economic Development
8Corporation. “Zone payroll" does not include the amount of wages paid to any
9full-time employees that exceeds $100,000.
AB1,21,1210 (b) Filing claims; payroll. Subject to the limitations provided in this subsection
11and s. 238.396, a claimant may claim as a credit against the tax imposed under s.
1271.23 an amount calculated as follows:
AB1,21,1613 1. Determine the zone payroll for the taxable year for full-time employees
14whose annual wages are greater than the amount determined by multiplying 2,080
15by 150 percent of the federal minimum wage in a tier I county or municipality or
16greater than $30,000 in a tier II county or municipality.
AB1,21,1717 2. Multiply the amount determined under subd. 1. by 17 percent.
AB1,21,2218 (bm) Filing supplemental claims. In addition to claiming the credit under par.
19(b), and subject to the limitations under this subsection and s. 238.396, a claimant
20may claim as a credit against the tax imposed under s. 71.23 an amount equal to 15
21percent of the claimant's significant capital expenditures in the zone in the taxable
22year, as determined under s. 238.396 (3m).
AB1,22,523 (c) Limitations. 1. Partnerships, limited liability companies, and tax-option
24corporations may not claim the credit under this subsection, but the eligibility for,
25and the amount of, the credit are based on their payment of amounts described under

1pars. (b) and (bm). A partnership, limited liability company, or tax-option
2corporation shall compute the amount of credit that each of its partners, members,
3or shareholders may claim and shall provide that information to each of them.
4Partners, members of limited liability companies, and shareholders of tax-option
5corporations may claim the credit in proportion to their ownership interests.
AB1,22,86 2. No credit may be allowed under this subsection unless the claimant includes
7with the claimant's return a copy of the claimant's certification for tax benefits under
8s. 238.396 (3).
AB1,22,109 (d) Administration. 1. Subsection (4) (g) and (h), as it applies to the credit
10under sub. (4), applies to the credit under this subsection.
AB1,22,1611 2. If the allowable amount of the claim under this subsection exceeds the taxes
12otherwise due on the claimant's income under s. 71.23, the amount of the claim that
13is not used to offset those taxes shall be certified by the department of revenue to the
14department of administration for payment by check, share draft, or other draft
15drawn from the appropriation under s. 20.835 (2) (cp). Notwithstanding s. 71.82, no
16interest shall be paid on amounts certified under this subdivision.
AB1,31 17Section 31. 71.30 (3) (f) of the statutes is amended to read:
AB1,23,318 71.30 (3) (f) The total of farmland preservation credit under subch. IX,
19farmland tax relief credit under s. 71.28 (2m), dairy manufacturing facility
20investment credit under s. 71.28 (3p), jobs credit under s. 71.28 (3q), meat processing
21facility investment credit under s. 71.28 (3r), woody biomass harvesting and
22processing credit under s. 71.28 (3rm), food processing plant and food warehouse
23investment credit under s. 71.28 (3rn), enterprise zone jobs credit under s. 71.28
24(3w), electronics and information technology manufacturing zone credit under s.
2571.28 (3wm),
business development credit under s. 71.28 (3y), film production

1services credit under s. 71.28 (5f), film production company investment credit under
2s. 71.28 (5h), beginning farmer and farm asset owner tax credit under s. 71.28 (8r),
3and estimated tax payments under s. 71.29.
AB1,32 4Section 32. 71.34 (1k) (g) of the statutes is amended to read:
AB1,23,85 71.34 (1k) (g) An addition shall be made for credits computed by a tax-option
6corporation under s. 71.28 (1dm), (1dx), (1dy), (3), (3g), (3h), (3n), (3p), (3q), (3r),
7(3rm), (3rn), (3t), (3w), (3wm), (3y), (4), (5), (5e), (5f), (5g), (5h), (5i), (5j), (5k), (5r),
8(5rm), (6n), and (8r) and passed through to shareholders.
AB1,33 9Section 33 . 73.0300 of the statutes is created to read:
AB1,23,14 1073.0300 Disregarded entities. With regard to a single-owner entity that is
11disregarded as a separate entity under section 7701 of the Internal Revenue Code,
12any notice that the department of revenue sends to the owner or to the entity is
13considered a notice sent to both and both are liable for any amounts due as specified
14in the notice. This section applies to all laws administered by the department.
AB1,34 15Section 34 . 77.54 (65) of the statutes is created to read:
AB1,23,2416 77.54 (65) The sales price from the sale of building materials, supplies, and
17equipment and the sale of services described in s. 77.52 (2) (a) 20. to; and the storage,
18use, or other consumption of the same property and services by; owners, lessees,
19contractors, subcontractors, or builders if that property or service is acquired solely
20for or used solely in, the construction or development of facilities located in an
21electronics and information technology manufacturing zone designated under s.
22238.396 (1m) and if the capital expenditures for the construction or development of
23such facilities may be claimed as a credit under s. 71.07 (3wm) (bm) or 71.28 (3wm)
24(bm), as certified by the Wisconsin Economic Development Corporation.
AB1,35 25Section 35 . 84.0145 (2) of the statutes is amended to read:
AB1,24,3
184.0145 (2) Subject to sub. (3) and s. 86.255, any southeast Wisconsin freeway
2megaproject may be funded only from the appropriations under ss. 20.395 (3) (aq),
3(av), (ax), and (ct) and 20.866 (2) (uup) and, (uur), and (uuz).
AB1,36 4Section 36 . 84.585 of the statutes is created to read:
AB1,24,8 584.585 Additional contingent funding for southeast Wisconsin freeway
6megaprojects
. Subject to 2017 Wisconsin Act .... (this act), section 60 (1), the
7proceeds of general obligation bonds issued under s. 20.866 (2) (uuz) may be used to
8fund southeast Wisconsin freeway megaprojects under s. 84.0145 (3) (b) 1.
AB1,37 9Section 37 . 180.0622 (2) of the statutes is amended to read:
AB1,24,1410 180.0622 (2) Unless otherwise provided in the articles of incorporation, a
11shareholder of a corporation is not personally liable for the acts or debts of the
12corporation, except for a shareholder in a corporation defined under s. 71.365 (7), and
13only to the extent provided for under s. 73.0300, and
except that a shareholder may
14become personally liable by his or her acts or conduct other than as a shareholder.
AB1,38 15Section 38 . 183.0304 (1) of the statutes is amended to read:
AB1,24,2216 183.0304 (1) The debts, obligations and liabilities of a limited liability
17company, whether arising in contract, tort or otherwise, shall be solely the debts,
18obligations and liabilities of the limited liability company. Except as provided in ss.
1973.0300, 183.0502, and 183.0608, a member or manager of a limited liability
20company is not personally liable for any debt, obligation or liability of the limited
21liability company, except that a member or manager may become personally liable
22by his or her acts or conduct other than as a member or manager.
AB1,39 23Section 39 . 196.192 (1) of the statutes is renumbered 196.192 (1) (intro.) and
24amended to read:
AB1,24,2525 196.192 (1) (intro.) In this section, “electric:
AB1,25,2
1(a) “Electric public utility" means a public utility whose purpose is the
2generation, distribution and sale of electric energy.
AB1,40 3Section 40 . 196.192 (1) (b) of the statutes is created to read:
AB1,25,54 196.192 (1) (b) “Electronics and information technology manufacturing zone”
5means a zone designated under s. 238.396 (1m).
AB1,41 6Section 41 . 196.192 (2) of the statutes is renumbered 196.192 (2) (am).
AB1,42 7Section 42 . 196.192 (2m) of the statutes is created to read:
AB1,25,158 196.192 (2m) (a) No later than January 1, 2020, an electric public utility
9providing service to an electronics and information technology manufacturing zone
10shall file with the commission tariffs that include market-based pricing and options
11that allow a new retail customer within the electronics and information technology
12manufacturing zone to receive market benefits and take market risks for some or all
13of the customer's purchases of capacity or energy, subject to the maximum capacity
14or energy purchase limits that shall be established by the commission, and shall
15include the following requirements in the tariffs:
AB1,25,1816 1. The electric public utility shall verify that the customer is eligible for an
17electronics and information technology manufacturing zone credit under s. 71.07
18(3wm).
AB1,25,2019 2. The customer shall annually nominate the amount of capacity and energy
20subject to the market-based tariff.
AB1,25,2221 3. The customer shall provide not less than 12 months' notice to terminate
22service under the market-based tariff.
AB1,25,2323 4. The term of the market-based tariff may not be less than 10 years.
AB1,26,3
15. The customer shall pay the difference, if any, between the otherwise
2applicable retail rate and the market-based tariff rate if the customer does any of
3the following:
AB1,26,54 a. Supplies false or misleading information regarding its applicability for the
5market-based tariff.
AB1,26,86 b. Leaves the electronics and information technology manufacturing zone to
7conduct substantially the same business outside the electronics and information
8technology manufacturing zone.
AB1,26,129 c. Ceases operations in the electronics and information technology
10manufacturing zone and does not renew operation of the business or a similar
11business within the electronics and information technology manufacturing zone
12within 12 months.
AB1,26,1413 (b) The commission shall approve market-based rates that are consistent with
14par. (a).
AB1,43 15Section 43 . 196.192 (3) (a) of the statutes is renumbered 196.192 (2) (bm) and
16amended to read:
AB1,26,2117 196.192 (2) (bm) The commission shall approve market-based rates that are
18consistent with the options specified in sub. (2) par. (am), except that the commission
19may not approve a market-based rate unless the commission determines that the
20rate will not harm shareholders of the investor-owned electric public utility or
21customers who are not subject to the rate.
AB1,44 22Section 44 . 196.192 (3) (b) of the statutes is renumbered 196.192 (3m) and
23amended to read:
AB1,27,3
1196.192 (3m) Nothing in s. 196.20, 196.22, 196.37, 196.60 or 196.604 prohibits
2the commission from approving a filing under sub. (2) (am) or (2m) (a) or approving
3market-based rates under par. (a) sub. (2) (bm) or (2m) (b).
AB1,45 4Section 45 . 196.192 (4) of the statutes is renumbered 196.192 (2) (c) and
5amended to read:
AB1,27,96 196.192 (2) (c) Subject to any approval of the commission that is necessary, an
7electric public utility that is not an investor-owned electric public utility may
8implement market-based rates approved under sub. (3) (a) par. (bm) or implement
9the options in filings under sub. (2) par. (am) that are approved by the commission.
AB1,46 10Section 46 . 196.49 (5g) (ar) 3. of the statutes is created to read:
AB1,27,1211 196.49 (5g) (ar) 3. The project is within an electronics and information
12technology manufacturing zone designated under s. 238.396 (1m).
Loading...
Loading...