AB75-SSA1,779,2324 71.06 (2e) (a) For taxable years beginning after December 31, 1998, and before
25January 1, 2000, the maximum dollar amount in each tax bracket, and the

1corresponding minimum dollar amount in the next bracket, under subs. (1m) and (2)
2(c) and (d), and for taxable years beginning after December 31, 1999, the maximum
3dollar amount in each tax bracket, and the corresponding minimum dollar amount
4in the next bracket, under subs. (1n), (1p) (a) to (c), and (2) (e), (f), (g) 1. to 3., and (h)
51. to 3., shall be increased each year by a percentage equal to the percentage change
6between the U.S. consumer price index for all urban consumers, U.S. city average,
7for the month of August of the previous year and the U.S. consumer price index for
8all urban consumers, U.S. city average, for the month of August 1997, as determined
9by the federal department of labor, except that for taxable years beginning after
10December 31, 2000, and before January 1, 2002, the dollar amount in the top bracket
11under subs. (1p) (c) and (d), (2) (g) 3. and 4. and (h) 3. and 4. shall be increased by a
12percentage equal to the percentage change between the U.S. consumer price index
13for all urban consumers, U.S. city average, for the month of August of the previous
14year and the U.S. consumer price index for all urban consumers, U.S. city average,
15for the month of August 1999, as determined by the federal department of labor,
16except that for taxable years beginning after December 31, 2011, the adjustment may
17occur only if the resulting amount is greater than the corresponding amount that was
18calculated for the previous year. Each amount that is revised under this subsection
19paragraph shall be rounded to the nearest multiple of $10 if the revised amount is
20not a multiple of $10 or, if the revised amount is a multiple of $5, such an amount
21shall be increased to the next higher multiple of $10. The department of revenue
22shall annually adjust the changes in dollar amounts required under this subsection
23paragraph and incorporate the changes into the income tax forms and instructions.

171.06 (2e) (b) For taxable years beginning after December 31, 2009, the
2maximum dollar amount in each tax bracket, and the corresponding minimum dollar
3amount in the next bracket, under subs. (1p) (d) and (2) (g) 4. and (h) 4., and the dollar
4amount in the top bracket under subs. (1p) (e) and (2) (g) 5. and (h) 5., shall be
5increased each year by a percentage equal to the percentage change between the U.S.
6consumer price index for all urban consumers, U.S. city average, for the month of
7August of the previous year and the U.S. consumer price index for all urban
8consumers, U.S. city average, for the month of August 2008, as determined by the
9federal department of labor, except that for taxable years beginning after December
1031, 2011, the adjustment may occur only if the resulting amount is greater than the
11corresponding amount that was calculated for the previous year. Each amount that
12is revised under this paragraph shall be rounded to the nearest multiple of $10 if the
13revised amount is not a multiple of $10 or, if the revised amount is a multiple of $5,
14such an amount shall be increased to the next higher multiple of $10. The
15department of revenue shall annually adjust the changes in dollar amounts required
16under this paragraph and incorporate the changes into the income tax forms and
17instructions.

AB75-SSA1,780,2220 71.07 (3m) (a) 1. (intro.) "Claimant" means an owner of farmland, as defined
21in s. 91.01 (9), 2007 stats., of farmland domiciled in this state during the entire year
22for which a credit under this subsection is claimed, except as follows:

AB75-SSA1,781,824 71.07 (3m) (a) 3. "Farmland" means 35 or more acres of real property, exclusive
25of improvements, in this state, in agricultural use, as defined in s. 91.01 (1), 2007

1stats., and owned by the claimant or any member of the claimant's household during
2the taxable year for which a credit under this subsection is claimed if the farm of
3which the farmland is a part, during that year, produced not less than $6,000 in gross
4farm profits resulting from agricultural use, as defined in s. 91.01 (1), 2007 stats., or
5if the farm of which the farmland is a part, during that year and the 2 years
6immediately preceding that year, produced not less than $18,000 in such profits, or
7if at least 35 acres of the farmland, during all or part of that year, was enrolled in the
8conservation reserve program under 16 USC 3831 to 3836.

AB75-SSA1,781,1510 71.07 (3m) (a) 4. "Gross farm profits" means gross receipts, excluding rent,
11from agricultural use, as defined in s. 91.01 (1), 2007 stats., including the fair market
12value at the time of disposition of payments in kind for placing land in federal
13programs or payments from the federal dairy termination program under 7 USC
141446 (d), less the cost or other basis of livestock or other items purchased for resale
15which are sold or otherwise disposed of during the taxable year.

AB75-SSA1,781,1817 71.07 (3m) (e) Sunset. No new claim may be filed under this subsection for a
18taxable year that begins after December 31, 2009.

AB75-SSA1,781,2020 71.07 (3q) Jobs tax credit. (a) Definitions. In this subsection:

AB75-SSA1,781,2221 1. "Claimant" means a person certified to receive tax benefits under s. 560.2055
22(2).

AB75-SSA1,781,2423 2. "Eligible employee" means an eligible employee under s. 560.2055 (1) (b) who
24satisfies the wage requirements under s. 560.2055 (3) (a) or (b).

AB75-SSA1,782,3

1(b) Filing claims. Subject to the limitations provided in this subsection and s.
2560.2055, for taxable years beginning after December 31, 2011, a claimant may claim
3as a credit against the taxes imposed under s. 71.02 any of the following.

AB75-SSA1,782,64 1. The amount of wages that the claimant paid to an eligible employee in the
5taxable year, not to exceed 10 percent of such wages, as determined by the
6department of commerce under s. 560.2055.

AB75-SSA1,782,97 2. The amount of the costs incurred by the claimant in the taxable year, as
8determined under s. 560.2055, to undertake the training activities described under
9s. 560.2055 (3) (c).

AB75-SSA1,782,1710 (c) Limitations. 1. Partnerships, limited liability companies, and tax-option
11corporations may not claim the credit under this subsection, but the eligibility for,
12and the amount of, the credit are based on their payment of amounts under par. (b).
13A partnership, limited liability company, or tax-option corporation shall compute
14the amount of credit that each of its partners, members, or shareholders may claim
15and shall provide that information to each of them. Partners, members of limited
16liability companies, and shareholders of tax-option corporations may claim the
17credit in proportion to their ownership interests.