Amendment SA1-AB757

LRBa2306/1

JK:jld:jf

2009 - 2010 LEGISLATURE

SENATE AMENDMENT 1, TO 2009 ASSEMBLY BILL 757

April 19, 2010 - Offered by Committee on Economic Development.

AB757-SA1,1,1 At the locations indicated, amend the bill as follows:

AB757-SA1,1,2 1. Page 4, line 11: delete "$600,000" and substitute "$1,000,000".

AB757-SA1,1,4 2. Page 4, line 14: delete the material beginning with ", and in" and ending with "$700,000" on line 15 and substitute " is $1,200,000".

AB757-SA1,1,5 3. Page 4, line 15: after that line insert:

AB757-SA1,1,8 "c. The maximum amount of the credits that may be allocated under this subsection and ss. 71.28 (3rm) and 71.47 (3rm) in fiscal year 2011-12, and in each year thereafter, is $700,000, as allocated under s. 560.2056.".

AB757-SA1,1,9 4. Page 9, line 7: delete "$600,000" and substitute "$1,000,000".

AB757-SA1,1,11 5. Page 9, line 10: delete the material beginning with ", and in" and ending with "$700,000" on line 11 and substitute " is $1,200,000".

AB757-SA1,1,12 6. Page 9, line 11: after that line insert:

AB757-SA1,2,3 "c. The maximum amount of the credits that may be allocated under this subsection and ss. 71.07 (3rm) and 71.47 (3rm) in fiscal year 2011-12, and in each year thereafter, is $700,000, as allocated under s. 560.2056.".

AB757-SA1,2,4 7. Page 13, line 11: delete "$600,000" and substitute "$1,000,000".

AB757-SA1,2,6 8. Page 13, line 14: delete the material beginning with ", and in" and ending with "$700,000" on line 15 and substitute " is $1,200,000".

AB757-SA1,2,7 9. Page 13, line 15: after that line insert:

AB757-SA1,2,10 "c. The maximum amount of the credits that may be allocated under this subsection and ss. 71.07 (3rm) and 71.28 (3rm) in fiscal year 2011-12, and in each year thereafter, is $700,000, as allocated under s. 560.2056.".

AB757-SA1,2,11 10. Page 16, line 5: after that line insert:

AB757-SA1,2,22 "(2m) No taxpayer may be certified under sub. (1) if the taxpayer has hired an alien, as defined in 8 USC 1101 (a) (3), and has been found to have violated of 8 USC 1324a (a) in the year in which the taxpayer makes an investment for which the taxpayer could claim a credit under s. 71.07 (3rm), 71.28 (3rm), or 71.47 (3rm), or in any of the 5 years immediately preceding the year in which the taxpayer makes such an investment. A taxpayer certified under sub. (1) may not claim a credit under s. 71.07 (3rm), 71.28 (3rm), or 71.47 (3rm) for any year in which the taxpayer hires an alien and has been found to have violated 8 USC 1324a (a). For purposes of administering this subsection, the department of commerce shall promulgate rules for determining whether a taxpayer has been found to have violated 8 USC 1324a (a).".

AB757-SA1,2,23 (End)