AB726,8,223 2. If a credit computed under this subsection is not entirely offset against taxes
24otherwise due, the unused balance may be carried forward and credited against
25taxes otherwise due for the following 7 taxable years to the extent not offset by taxes

1otherwise due in all intervening years between the year in which the expense was
2incurred and the year in which the carry-forward credit is claimed.
AB726,3 3Section 3. 71.10 (4) (em) of the statutes is created to read:
AB726,8,44 71.10 (4) (em) Lead hazard abatement tax credit under s. 71.07 (8g).
AB726,4 5Section 4. 71.21 (4) (a) of the statutes, as affected by 2017 Wisconsin Act 58,
6is amended to read:
AB726,8,107 71.21 (4) (a) The amount of the credits computed by a partnership under s.
871.07 (2dm), (2dx), (2dy), (3g), (3h), (3n), (3p), (3q), (3r), (3rm), (3rn), (3s), (3t), (3w),
9(3wm), (3y), (4k), (4n), (5e), (5f), (5g), (5h), (5i), (5j), (5k), (5r), (5rm), (6n), (8g), and
10(8r) and passed through to partners shall be added to the partnership's income.
AB726,5 11Section 5. 71.26 (2) (a) 4. of the statutes, as affected by 2017 Wisconsin Acts
1258
and 59, is amended to read:
AB726,8,1813 71.26 (2) (a) 4. Plus the amount of the credit computed under s. 71.28 (1dm),
14(1dx), (1dy), (3g), (3h), (3n), (3p), (3q), (3r), (3rm), (3rn), (3t), (3w), (3wm), (3y), (5e),
15(5f), (5g), (5h), (5i), (5j), (5k), (5r), (5rm), (6n), (8r), (8g), and (9s) and not passed
16through by a partnership, limited liability company, or tax-option corporation that
17has added that amount to the partnership's, limited liability company's, or
18tax-option corporation's income under s. 71.21 (4) or 71.34 (1k) (g).
AB726,6 19Section 6. 71.28 (8g) of the statutes is created to read:
AB726,8,2120 71.28 (8g) Lead hazard abatement tax credit. (a) Definitions. In this
21subsection:
AB726,8,2522 1. “Certificate of lead-free status" means a certificate of lead-free status, as
23defined in s. 254.11 (4g), that is issued in accordance with the rules promulgated by
24the department of health services under s. 254.179 (1) and has not been revoked by
25the department of health services.
AB726,9,1
12. “Claimant" means a person who files a claim under this subsection.
AB726,9,32 3. “Condominium unit" means a unit, as defined in s. 703.02 (15), that is a
3dwelling unit.
AB726,9,74 4. “Dwelling" means any structure, all or part of which is designed or used for
5human habitation and includes a structure owned and occupied by members of a
6housing cooperative incorporated under ch. 185 or organized under ch. 193. A
7“dwelling" may contain one or more dwelling units.
AB726,9,108 5. “Dwelling unit" means a structure or that part of a structure that is designed,
9used, or intended to be used as a home, residence, or sleeping place by one person or
10by 2 or more persons maintaining a common household, to the exclusion of all others.
AB726,9,1211 6. “Extended dwelling" means a dwelling and the dwelling's utility service
12connections.
AB726,9,1313 7. “First effective" means:
AB726,9,1514 a. With respect to a certificate of lead-free status, the date listed on the
15certificate as the certificate's effective date.
AB726,9,1716 b. With respect to proof of successful abatement, the date on which the
17document is executed.
AB726,9,1818 8. “Lead-bearing paint hazard" has the meaning given in s. 254.11 (8d).
AB726,9,1919 9. “Lead hazard" has the meaning given in s. 254.11 (8g).
AB726,9,2320 10. “Lead hazard abatement" means lead hazard abatement, as defined in s.
21254.11 (8j), that is conducted in accordance with the rules promulgated by the
22department of health services under s. 254.172 (1) by a person certified by the
23department of health services under s. 254.176 (1).
AB726,10,3
111. “Lead investigation" means a lead investigation, as defined in s. 254.11 (8s),
2that is conducted in accordance with the rules promulgated by the department of
3health services under s. 254.167.
AB726,10,44 12. “Lead risk assessor" has the meaning given in s. 254.11 (9g).
AB726,10,95 13. “Proof of successful abatement" means a document executed by a certified
6lead risk assessor or other person certified under s. 254.176 that certifies a finding
7by the assessor that lead hazard abatement in or on a dwelling, extended dwelling,
8or condominium unit permanently eliminated all lead hazards in the dwelling,
9extended dwelling, or condominium unit.
AB726,10,1310 14. “Utility service connections" means improvements to real property
11necessary to connect a dwelling or a structure of a condominium, as defined in s.
12703.02 (4), to utility services, including heat, light, water, power,
13telecommunications services, and sewer services.
AB726,10,2114 (b) Filing claims. Subject to the limitations and conditions provided in this
15subsection, for a taxable year in which a certificate of lead-free status or proof of
16successful abatement described under par. (c) 2. is first effective, a claimant may
17claim as a credit against the tax imposed under s. 71.23, up to the amount of those
18taxes, an amount equal to the amount the claimant paid for lead hazard abatement
19in or on a dwelling, extended dwelling, or condominium unit in this state owned by
20the claimant to which the certificate of lead-free status or proof of successful
21abatement relates.
AB726,11,522 (c) Limitations and conditions. 1. Before commencing lead hazard abatement
23for which a credit may be claimed under this subsection, a claimant shall have a
24certified lead risk assessor or other person certified by the department of health
25services under s. 254.176 conduct a lead investigation of the dwelling, extended

1dwelling, or condominium unit to which the credit relates and determine that a
2lead-bearing paint hazard or lead hazard exists in or on the dwelling, extended
3dwelling, or condominium unit. In calculating the amount of the credit under this
4subsection, a claimant may not use any amounts paid for lead hazard abatement
5before the lead investigation and determination is completed.
AB726,11,76 2. A claimant shall submit with the claimant's tax return all of the following
7that are applicable to the claimant's claim:
AB726,11,118 a. If the lead investigation described under subd. 1. identified the presence of
9a lead-bearing paint hazard in or on the dwelling or condominium unit, a copy of a
10certificate of lead-free status issued with respect to the dwelling or condominium
11unit that is first effective in the taxable year to which the claim relates.
AB726,11,1612 b. If the lead investigation described under subd. 1. identified the presence of
13a lead hazard other than a lead-bearing paint hazard in or on the dwelling, extended
14dwelling, or condominium unit, proof of successful abatement issued with respect to
15the dwelling, extended dwelling, or condominium unit that is first effective in the
16taxable year to which the claim relates.
AB726,11,1817 3. A certificate of lead-free status described under subd. 2. a. that is issued with
18respect to a dwelling shall cover the entire dwelling.
AB726,11,2119 4. Proof of successful abatement described under subd. 2. b. that is issued with
20respect to a dwelling or extended dwelling shall cover the entire dwelling or extended
21dwelling.
AB726,12,222 5. To claim a credit under this subsection with respect to a condominium unit,
23in addition to a copy of the certificate of lead-free status and the proof of successful
24abatement described under subd. 2., a claimant shall submit with the claimant's tax
25return a copy of a certificate of lead-free status issued with respect to the

1condominium's common elements, as defined in s. 703.02 (2), except that the
2certificate need not cover any utility service connections that are common elements.
AB726,12,133 6. Notwithstanding par. (b), if a residential condominium's association, as
4defined in s. 703.02 (1m), paid for lead hazard abatement in or on the condominium's
5common elements, as defined in s. 703.02 (2), the association may claim a credit
6under this subsection even if the association does not own the common elements and
7even if the common elements do not constitute a dwelling or extended dwelling or,
8at the option of the association, the condominium's unit owners, as defined in s.
9703.02 (17), may claim the credit in proportion to their percentage interests in the
10common elements, as determined under s. 703.13. If the association elects to allow
11the unit owners to claim the credit, the association shall compute the amount of the
12credit that each of the unit owners may claim and shall provide that information to
13each of them.
AB726,12,1514 7. A claimant may only claim a credit under this subsection within the time
15period specified under s. 71.75 (2).
AB726,12,2116 8. The maximum aggregate amount that one or more claimants may claim
17under this subsection and ss. 71.07 (8g) and 71.47 (8g) with respect to a particular
18dwelling, extended dwelling, or condominium unit is $1,500 per dwelling, extended
19dwelling, or condominium unit, except that, if the dwelling or extended dwelling
20contains more than one dwelling unit, the maximum aggregate amount is $1,500 per
21dwelling unit.
AB726,13,722 9. Partnerships, limited liability companies, and tax-option corporations may
23not claim the credit under this subsection, but the eligibility for, and the amount of,
24the credit are based on their payment of amounts described under par. (b), except
25that for each dwelling, extended dwelling, or condominium unit owned by the entity

1the aggregate amount of credits that the entity may compute may not exceed the
2limitation under subd. 8. A partnership, limited liability company, or tax-option
3corporation shall compute the amount of the credit that each of its partners,
4members, or shareholders may claim and shall provide that information to each of
5them. Partners, members of limited liability companies, and shareholders of
6tax-option corporations may claim the credit in proportion to their ownership
7interests.
AB726,13,168 10. Housing cooperatives incorporated under ch. 185 or organized under ch.
9193 may not claim the credit under this subsection, but the eligibility for, and the
10amount of, the credit are based on their payment of amounts described under par.
11(b), except that for each dwelling, extended dwelling, or condominium unit owned by
12the entity the aggregate amount of credits that the entity may compute may not
13exceed the limitation under subd. 8. A housing cooperative shall compute the
14amount of the credit that each of its members may claim and shall provide that
15information to each of them. Members may claim the credit in proportion to their
16ownership interests.
AB726,13,2117 11. If 2 or more persons own a dwelling, extended dwelling, or condominium
18unit, each person may claim a credit under par. (b) in proportion to the person's
19ownership interest, except that the aggregate amount of the credits claimed by all
20persons who own the dwelling, extended dwelling, or condominium unit may not
21exceed the limitation under subd. 8.
AB726,13,2322 (d) Administration. 1. Subsection (4) (e), (g), and (h), as it applies to the credit
23under sub. (4), applies to the credit under this subsection.
AB726,14,324 2. If a credit computed under this subsection is not entirely offset against taxes
25otherwise due, the unused balance may be carried forward and credited against

1taxes otherwise due for the following 7 taxable years to the extent not offset by taxes
2otherwise due in all intervening years between the year in which the expense was
3incurred and the year in which the carry-forward credit is claimed.
AB726,7 4Section 7. 71.30 (3) (am) of the statutes is created to read:
AB726,14,55 71.30 (3) (am) Lead hazard abatement tax credit under s. 71.28 (8g).
AB726,8 6Section 8. 71.34 (1k) (g) of the statutes, as affected by 2017 Wisconsin Act 58,
7is amended to read:
AB726,14,118 71.34 (1k) (g) An addition shall be made for credits computed by a tax-option
9corporation under s. 71.28 (1dm), (1dx), (1dy), (3), (3g), (3h), (3n), (3p), (3q), (3r),
10(3rm), (3rn), (3t), (3w), (3wm), (3y), (4), (5), (5e), (5f), (5g), (5h), (5i), (5j), (5k), (5r),
11(5rm), (6n), (8g), and (8r) and passed through to shareholders.
AB726,9 12Section 9. 71.45 (2) (a) 10. of the statutes is amended to read:
AB726,14,1913 71.45 (2) (a) 10. By adding to federal taxable income the amount of credit
14computed under s. 71.47 (1dm) to (1dy), (3g), (3h), (3n), (3p), (3q), (3r), (3rm), (3rn),
15(3w), (3y), (5e), (5f), (5g), (5h), (5i), (5j), (5k), (5r), (5rm), (6n), (8g), (8r), and (9s) and
16not passed through by a partnership, limited liability company, or tax-option
17corporation that has added that amount to the partnership's, limited liability
18company's, or tax-option corporation's income under s. 71.21 (4) or 71.34 (1k) (g) and
19the amount of credit computed under s. 71.47 (1), (3), (3t), (4), (4m), and (5).
AB726,10 20Section 10. 71.47 (8g) of the statutes is created to read:
AB726,14,2221 71.47 (8g) Lead hazard abatement tax credit. (a) Definitions. In this
22subsection:
AB726,15,223 1. “Certificate of lead-free status" means a certificate of lead-free status, as
24defined in s. 254.11 (4g), that is issued in accordance with the rules promulgated by

1the department of health services under s. 254.179 (1) and has not been revoked by
2the department of health services.
AB726,15,33 2. “Claimant" means a person who files a claim under this subsection.
AB726,15,54 3. “Condominium unit" means a unit, as defined in s. 703.02 (15), that is a
5dwelling unit.
AB726,15,96 4. “Dwelling" means any structure, all or part of which is designed or used for
7human habitation and includes a structure owned and occupied by members of a
8housing cooperative incorporated under ch. 185 or organized under ch. 193. A
9“dwelling" may contain one or more dwelling units.
AB726,15,1210 5. “Dwelling unit" means a structure or that part of a structure that is designed,
11used, or intended to be used as a home, residence, or sleeping place by one person or
12by 2 or more persons maintaining a common household, to the exclusion of all others.
AB726,15,1413 6. “Extended dwelling" means a dwelling and the dwelling's utility service
14connections.
AB726,15,1515 7. “First effective" means:
AB726,15,1716 a. With respect to a certificate of lead-free status, the date listed on the
17certificate as the certificate's effective date.
AB726,15,1918 b. With respect to proof of successful abatement, the date on which the
19document is executed.
AB726,15,2020 8. “Lead-bearing paint hazard" has the meaning given in s. 254.11 (8d).
AB726,15,2121 9. “Lead hazard" has the meaning given in s. 254.11 (8g).
AB726,15,2522 10. “Lead hazard abatement" means lead hazard abatement, as defined in s.
23254.11 (8j), that is conducted in accordance with the rules promulgated by the
24department of health services under s. 254.172 (1) by a person certified by the
25department of health services under s. 254.176 (1).
AB726,16,3
111. “Lead investigation" means a lead investigation, as defined in s. 254.11 (8s),
2that is conducted in accordance with the rules promulgated by the department of
3health services under s. 254.167.
AB726,16,44 12. “Lead risk assessor" has the meaning given in s. 254.11 (9g).
AB726,16,95 13. “Proof of successful abatement" means a document executed by a certified
6lead risk assessor or other person certified under s. 254.176 that certifies a finding
7by the assessor that lead hazard abatement in or on a dwelling, extended dwelling,
8or condominium unit permanently eliminated all lead hazards in the dwelling,
9extended dwelling, or condominium unit.
AB726,16,1310 14. “Utility service connections" means improvements to real property
11necessary to connect a dwelling or a structure of a condominium, as defined in s.
12703.02 (4), to utility services, including heat, light, water, power,
13telecommunications services, and sewer services.
AB726,16,2114 (b) Filing claims. Subject to the limitations and conditions provided in this
15subsection, for a taxable year in which a certificate of lead-free status or proof of
16successful abatement described under par. (c) 2. is first effective, a claimant may
17claim as a credit against the tax imposed under s. 71.43, up to the amount of those
18taxes, an amount equal to the amount the claimant paid for lead hazard abatement
19in or on a dwelling, extended dwelling, or condominium unit in this state owned by
20the claimant to which the certificate of lead-free status or proof of successful
21abatement relates.
AB726,17,522 (c) Limitations and conditions. 1. Before commencing lead hazard abatement
23for which a credit may be claimed under this subsection, a claimant shall have a
24certified lead risk assessor or other person certified by the department of health
25services under s. 254.176 conduct a lead investigation of the dwelling, extended

1dwelling, or condominium unit to which the credit relates and determine that a
2lead-bearing paint hazard or lead hazard exists in or on the dwelling, extended
3dwelling, or condominium unit. In calculating the amount of the credit under this
4subsection, a claimant may not use any amounts paid for lead hazard abatement
5before the lead investigation and determination is completed.
AB726,17,76 2. A claimant shall submit with the claimant's tax return all of the following
7that are applicable to the claimant's claim:
AB726,17,118 a. If the lead investigation described under subd. 1. identified the presence of
9a lead-bearing paint hazard in or on the dwelling or condominium unit, a copy of a
10certificate of lead-free status issued with respect to the dwelling or condominium
11unit that is first effective in the taxable year to which the claim relates.
AB726,17,1612 b. If the lead investigation described under subd. 1. identified the presence of
13a lead hazard other than a lead-bearing paint hazard in or on the dwelling, extended
14dwelling, or condominium unit, proof of successful abatement issued with respect to
15the dwelling, extended dwelling, or condominium unit that is first effective in the
16taxable year to which the claim relates.
AB726,17,1817 3. A certificate of lead-free status described under subd. 2. a. that is issued with
18respect to a dwelling shall cover the entire dwelling.
AB726,17,2119 4. Proof of successful abatement described under subd. 2. b. that is issued with
20respect to a dwelling or extended dwelling shall cover the entire dwelling or extended
21dwelling.
AB726,18,222 5. To claim a credit under this subsection with respect to a condominium unit,
23in addition to a copy of the certificate of lead-free status and the proof of successful
24abatement described under subd. 2., a claimant shall submit with the claimant's tax
25return a copy of a certificate of lead-free status issued with respect to the

1condominium's common elements, as defined in s. 703.02 (2), except that the
2certificate need not cover any utility service connections that are common elements.
AB726,18,133 6. Notwithstanding par. (b), if a residential condominium's association, as
4defined in s. 703.02 (1m), paid for lead hazard abatement in or on the condominium's
5common elements, as defined in s. 703.02 (2), the association may claim a credit
6under this subsection even if the association does not own the common elements and
7even if the common elements do not constitute a dwelling or extended dwelling or,
8at the option of the association, the condominium's unit owners, as defined in s.
9703.02 (17), may claim the credit in proportion to their percentage interests in the
10common elements, as determined under s. 703.13. If the association elects to allow
11the unit owners to claim the credit, the association shall compute the amount of the
12credit that each of the unit owners may claim and shall provide that information to
13each of them.
AB726,18,1514 7. A claimant may only claim a credit under this subsection within the time
15period specified under s. 71.75 (2).
AB726,18,2116 8. The maximum aggregate amount that one or more claimants may claim
17under this subsection and ss. 71.07 (8g) and 71.28 (8g) with respect to a particular
18dwelling, extended dwelling, or condominium unit is $1,500 per dwelling, extended
19dwelling, or condominium unit, except that, if the dwelling or extended dwelling
20contains more than one dwelling unit, the maximum aggregate amount is $1,500 per
21dwelling unit.
AB726,19,722 9. Partnerships, limited liability companies, and tax-option corporations may
23not claim the credit under this subsection, but the eligibility for, and the amount of,
24the credit are based on their payment of amounts described under par. (b), except
25that for each dwelling, extended dwelling, or condominium unit owned by the entity

1the aggregate amount of credits that the entity may compute may not exceed the
2limitation under subd. 8. A partnership, limited liability company, or tax-option
3corporation shall compute the amount of the credit that each of its partners,
4members, or shareholders may claim and shall provide that information to each of
5them. Partners, members of limited liability companies, and shareholders of
6tax-option corporations may claim the credit in proportion to their ownership
7interests.
AB726,19,168 10. Housing cooperatives incorporated under ch. 185 or organized under ch.
9193 may not claim the credit under this subsection, but the eligibility for, and the
10amount of, the credit are based on their payment of amounts described under par.
11(b), except that for each dwelling, extended dwelling, or condominium unit owned by
12the entity the aggregate amount of credits that the entity may compute may not
13exceed the limitation under subd. 8. A housing cooperative shall compute the
14amount of the credit that each of its members may claim and shall provide that
15information to each of them. Members may claim the credit in proportion to their
16ownership interests.
AB726,19,2117 11. If 2 or more persons own a dwelling, extended dwelling, or condominium
18unit, each person may claim a credit under par. (b) in proportion to the person's
19ownership interest, except that the aggregate amount of the credits claimed by all
20persons who own the dwelling, extended dwelling, or condominium unit may not
21exceed the limitation under subd. 8.
AB726,19,2322 (d) Administration. 1. Section 71.28 (4) (e), (g), and (h), as it applies to the
23credit under s. 71.28 (4), applies to the credit under this subsection.
AB726,20,324 2. If a credit computed under this subsection is not entirely offset against taxes
25otherwise due, the unused balance may be carried forward and credited against

1taxes otherwise due for the following 7 taxable years to the extent not offset by taxes
2otherwise due in all intervening years between the year in which the expense was
3incurred and the year in which the carry-forward credit is claimed.
AB726,11 4Section 11. 71.49 (1) (am) of the statutes is created to read:
AB726,20,55 71.49 (1) (am) Lead hazard abatement tax credit under s. 71.47 (8g).
AB726,12 6Section 12. Initial applicability.
AB726,20,107 (1) This act first applies to taxable years beginning on January 1 of the year
8in which this subsection takes effect, except that if this subsection takes effect after
9July 31, this act first applies to taxable years beginning on January 1 of the year
10following the year in which this subsection takes effect.
AB726,20,1111 (End)
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