LRBa2127/1
CTS/JK/TKK:cjs:jf
2009 - 2010 LEGISLATURE
ASSEMBLY AMENDMENT 7,
TO ASSEMBLY SUBSTITUTE AMENDMENT 1,
TO 2009 ASSEMBLY BILL 641
April 12, 2010 - Offered by Representative Molepske Jr..
AB641-ASA1-AA7,1,66
15.155
(2) (c) The board shall do all of the following:
AB641-ASA1-AA7,1,87
1. Consult with the department of commerce on strategic economic policy for
8the state.
AB641-ASA1-AA7,1,99
2. Suggest legislation to achieve strategic economic policy objectives.".
AB641-ASA1-AA7,2,63
20.143
(1) (cp)
Rural outsourcing grants. Biennially, the amounts in the
4schedule for rural outsourcing grants under 2009 Wisconsin Act .... (this act), section
545 (1) and to make expenditures authorized under 2009 Wisconsin Act .... (this act),
6section 45 (1) (c).
AB641-ASA1-AA7, s. 2r
7Section 2r. 20.143 (1) (cp) of the statutes, as created by 2009 Wisconsin Act
8.... (this act), is repealed.".
AB641-ASA1-AA7,2,1312
20.143
(1) (gc) (title)
Regulatory ombudsman center Office of regulatory
13assistance.".
AB641-ASA1-AA7,2,2017
71.07
(3q) (c) 3. The maximum amount of credits that may be awarded under
18this subsection and ss. 71.28 (3q) and 71.47 (3q) for the period beginning on January
191, 2010, and ending on June 30, 2013, is $14,500,000
, not including the amount of
20any credits reallocated under s. 560.205 (3) (d).
AB641-ASA1-AA7,3,12
171.07
(5b) (b) 1. For taxable years beginning after December 31, 2004, subject
2to the limitations provided under this subsection and s. 560.205, and except as
3provided in subd. 2., a claimant may claim as a credit against the tax imposed under
4ss. 71.02 and 71.08, up to the amount of those taxes, 25 percent of the claimant's
5investment paid to a fund manager that the fund manager invests in a business
6certified under s. 560.205 (1)
, except that, for taxable years beginning after
7December 31, 2009, and before January 1, 2014, a claimant may claim 40 percent of
8the claimant's investment paid to a fund manager that the fund manager invests in
9a business certified under s. 560.205 (1), if the fund manager has invested no more
10than $500,000 in the business and the business has received no more than
11$2,000,000 in investments that have qualified for credits under this subsection or s.
1271.28 (5b) or 71.47 (5b).
AB641-ASA1-AA7,3,2114
71.07
(5b) (b) 2. In the case of a partnership, limited liability company, or
15tax-option corporation, the computation of the 25
or 40 percent limitation under
16subd. 1. shall be determined at the entity level rather than the claimant level and
17may be allocated among the claimants who make investments in the manner set
18forth in the entity's organizational documents. The entity shall provide to the
19department of revenue and to the department of commerce the names and tax
20identification numbers of the claimants, the amounts of the credits allocated to the
21claimants, and the computation of the allocations.".
AB641-ASA1-AA7,4,4
171.28
(3q) (c) 3. The maximum amount of credits that may be awarded under
2this subsection and ss. 71.07 (3q) and 71.47 (3q) for the period beginning on January
31, 2010, and ending on June 30, 2013, is $14,500,000
, not including the amount of
4any credits reallocated under s. 560.205 (3) (d).
AB641-ASA1-AA7,4,166
71.28
(5b) (b) 1. For taxable years beginning after December 31, 2004, subject
7to the limitations provided under this subsection and s. 560.205, and except as
8provided in subd. 2., a claimant may claim as a credit against the tax imposed under
9s. 71.23, up to the amount of those taxes, 25 percent of the claimant's investment paid
10to a fund manager that the fund manager invests in a business certified under s.
11560.205 (1)
, except that, for taxable years beginning after December 31, 2009, and
12before January 1, 2014, a claimant may claim 40 percent of the claimant's investment
13paid to a fund manager that the fund manager invests in a business certified under
14s. 560.205 (1), if the fund manager has invested no more than $500,000 in the
15business and the business has received no more than $2,000,000 in investments that
16have qualified for credits under this subsection or s. 71.07 (5b) or 71.47 (5b).
AB641-ASA1-AA7,4,2518
71.28
(5b) (b) 2. In the case of a partnership, limited liability company, or
19tax-option corporation, the computation of the 25
or 40 percent limitation under
20subd. 1. shall be determined at the entity level rather than the claimant level and
21may be allocated among the claimants who make investments in the manner set
22forth in the entity's organizational documents. The entity shall provide to the
23department of revenue and to the department of commerce the names and tax
24identification numbers of the claimants, the amounts of the credits allocated to the
25claimants, and the computation of the allocations.".
AB641-ASA1-AA7,5,74
71.47
(3q) (c) 3. The maximum amount of credits that may be awarded under
5this subsection and ss. 71.07 (3q) and 71.28 (3q) for the period beginning on January
61, 2010, and ending on June 30, 2013, is $14,500,000
, not including the amount of
7any credits reallocated under s. 560.205 (3) (d).
AB641-ASA1-AA7,5,199
71.47
(5b) (b) 1. For taxable years beginning after December 31, 2004, subject
10to the limitations provided under this subsection and s. 560.205, and except as
11provided in subd. 2., a claimant may claim as a credit against the tax imposed under
12s. 71.43, up to the amount of those taxes, 25 percent of the claimant's investment paid
13to a fund manager that the fund manager invests in a business certified under s.
14560.205 (1)
, except that, for taxable years beginning after December 31, 2009, and
15before January 1, 2014, a claimant may claim 40 percent of the claimant's investment
16paid to a fund manager that the fund manager invests in a business certified under
17s. 560.205 (1), if the fund manager has invested no more than $500,000 in the
18business and the business has received no more than $2,000,000 in investments that
19have qualified for credits under this subsection or s. 71.07 (5b) or 71.28 (5b).
AB641-ASA1-AA7,6,421
71.47
(5b) (b) 2. In the case of a partnership, limited liability company, or
22tax-option corporation, the computation of the 25
or 40 percent limitation under
23subd. 1. shall be determined at the entity level rather than the claimant level and
24may be allocated among the claimants who make investments in the manner set
1forth in the entity's organizational documents. The entity shall provide to the
2department of revenue and to the department of commerce the names and tax
3identification numbers of the claimants, the amounts of the credits allocated to the
4claimants, and the computation of the allocations.".
AB641-ASA1-AA7,6,157
560.03
(9) Establish and operate a small business ombudsman clearinghouse
8for business and industry to facilitate the flow of information from other state and
9federal agencies, to assist state agencies in establishing methods to encourage the
10participation of small businesses in rule making under s. 227.114 (4) and to serve as
11ombudsman for small business stationary sources, as defined in s. 285.79 (1), in
12connection with the implementation of the federal clean air act,
42 USC 7401 to
137671q.
The department shall assign one full-time employee of the small business
14ombudsman clearinghouse to provide assistance to businesses as specified under s.
15560.42 (1m).
AB641-ASA1-AA7,6,1918
560.03
(19) Establish
a regulatory ombudsman center an office of regulatory
19assistance in the department to provide services as set forth in subch. III.".
