Wisconsin Legislature: Amendment SA2-SB10

LRBa0073/1

JK:jld:md

2009 - 2010 LEGISLATURE

SENATE AMENDMENT 2,
TO 2009 SENATE BILL 10

March 31, 2009 - Offered by Committee on Economic Development.

SB10-SA2,1,11 At the locations indicated, amend the bill as follows:

SB10-SA2,1,3 21. Page 3, line 15: delete "shall be" and substitute "may be claimed in
3proportion to the ownership interests of the partners or members or".

SB10-SA2,1,9 42. Page 3, line 18: after " claimed." insert "For a partnership or limited liability
5company that places property in service after June 29, 2008, and before January 1,
62009, the credit attributable to such property may be allocated, at the election of the
7partnership or limited liability company, to partners or members for a taxable year
8of the partnership or limited liability company that ends after June 29, 2008, and
9before January 1, 2010.".

SB10-SA2,1,10 103. Page 3, line 19: delete " , for which the credit is claimed".

SB10-SA2,1,11 114. Page 3, line 20: after " agreement" insert ", if applicable,".

SB10-SA2,1,13 125. Page 5, line 5: delete " shall be" and substitute "may be claimed in proportion
13to the ownership interests of the partners or members or".

SB10-SA2,2,6

16. Page 5, line 8: after " claimed." insert "For a partnership or limited liability
2company that places property in service after June 29, 2008, and before January 1,
32009, the credit attributable to such property may be allocated, at the election of the
4partnership or limited liability company, to partners or members for a taxable year
5of the partnership or limited liability company that ends after June 29, 2008, and
6before January 1, 2010.".

SB10-SA2,2,7 77. Page 5, line 10: after " agreement" insert ", if applicable,".

SB10-SA2,2,9 88. Page 6, line 20: delete " shall be" and substitute "may be claimed in
9proportion to the ownership interests of the partners or members or".

SB10-SA2,2,15 109. Page 6, line 23: after " claimed." insert "For a partnership or limited liability
11company that places property in service after June 29, 2008, and before January 1,
122009, the credit attributable to such property may be allocated, at the election of the
13partnership or limited liability company, to partners or members for a taxable year
14of the partnership or limited liability company that ends after June 29, 2008, and
15before January 1, 2010.".

SB10-SA2,2,16 1610. Page 6, line 24: after " agreement" insert ", if applicable,".

SB10-SA2,2,1717 (End)