AB40-ASA1,816,127 71.45 (2) (a) 7. By For taxable years beginning before January 1, 2014, by
8adding or subtracting, as appropriate, the amount required to reflect the fact that
9property that, under s. 71.01 (4) (g) 7. to 10., 1985 stats., is required to be depreciated
10for taxable years 1983 to 1986 under the internal revenue code as amended to
11December 31, 1980, shall continue to be depreciated under the internal revenue code
12as amended to December 31, 1980.

AB40-ASA1,816,2414 71.45 (2) (a) 13. By For taxable years beginning before January 1, 2014, by
15adding or subtracting, as appropriate, the depreciation deduction under the federal
16Internal Revenue Code as amended to December 31, 2000, except that property first
17placed in service by the taxpayer on or after January 1, 1983, but before
18January 1, 1987, that, under s. 71.04 (15) (b) and (br), 1985 stats., is required to be
19depreciated under the Internal Revenue Code as amended to December 31, 1980,
20and property first placed in service in taxable year 1981 or thereafter but before
21January 1, 1987, that, under s. 71.04 (15) (bm), 1985 stats., is required to be
22depreciated under the Internal Revenue Code as amended to December 31, 1980,
23shall continue to be depreciated under the Internal Revenue Code as amended to
24December 31, 1980.

171.45 (2) (a) 19. Starting with the first taxable year beginning after December
231, 2013, and for each of the next 4 taxable years, by subtracting 20 percent of the
3amount determined by subtracting the combined federal adjusted basis of all
4depreciated or amortized assets as of the last day of the taxable year beginning in
52013 that are also being depreciated or amortized for Wisconsin from the combined
6Wisconsin adjusted basis of those assets on the same day.

AB40-ASA1,817,118 71.47 (1) (d) No credit may be claimed under this subsection for taxable years
9beginning after December 31, 2013. Credits under this subsection for taxable years
10that begin before January 1, 2014, may be carried forward to taxable years that begin
11after December 31, 2013.

AB40-ASA1,817,1813 71.47 (1dj) (am) 4h. Modify section 51 (a) of the internal revenue code Internal
14Revenue Code so that the amount of the credit is 25% of the qualified first-year
15wages if the wages are paid to an applicant for a Wisconsin works Works employment
16position for service either in an unsubsidized position or in a trial job under s. 49.147
17(3), 2011 stats., and so that the amount of the credit is 20% of the qualified first-year
18wages if the wages are not paid to such an applicant.

AB40-ASA1,818,220 71.47 (1dx) (a) 4. "Full-time job" means a regular, nonseasonal full-time
21position in which an individual, as a condition of employment, is required to work at
22least 2,080 hours per year, including paid leave and holidays, and for which the
23individual receives pay that is equal to at least 150% of the federal minimum wage
24and receives benefits that are not required by federal or state law. "Full-time job"

1does not include initial training before an employment position begins has the
2meaning given in s. 238.30 (2m).

AB40-ASA1,818,174 71.47 (1dx) (a) 5. "Member of a targeted group" means a person who resides
5in an area designated by the federal government as an economic revitalization area,
6a person who is employed in an unsubsidized job but meets the eligibility
7requirements under s. 49.145 (2) and (3) for a Wisconsin Works employment position,
8a person who is employed in a trial job, as defined in s. 49.141 (1) (n), 2011 stats., or
9in a real work, real pay project position under s. 49.147 (3m) trial employment match
10program job, as defined in s. 49.141 (1) (n), a person who is eligible for child care
11assistance under s. 49.155, a person who is a vocational rehabilitation referral, an
12economically disadvantaged youth, an economically disadvantaged veteran, a
13supplemental security income recipient, a general assistance recipient, an
14economically disadvantaged ex-convict, a qualified summer youth employee, as
15defined in 26 USC 51 (d) (7), a dislocated worker, as defined in 29 USC 2801 (9), or
16a food stamp recipient, if the person has been certified in the manner under sub. (1dj)
17(am) 3. by a designated local agency, as defined in sub. (1dj) (am) 2.

AB40-ASA1,818,2319 71.47 (1dx) (b) 2. The amount determined by multiplying the amount
20determined under s. 238.385 (1) (b) or s. 560.785 (1) (b), 2009 stats., by the number
21of full-time jobs created in a development zone and filled by a member of a targeted
22group and by then subtracting the subsidies paid under s. 49.147 (3) (a) or the
23subsidies and reimbursements paid under s. 49.147 (3m) (c) for those jobs.

AB40-ASA1,819,5

171.47 (1dx) (b) 3. The amount determined by multiplying the amount
2determined under s. 238.385 (1) (c) or s. 560.785 (1) (c), 2009 stats., by the number
3of full-time jobs created in a development zone and not filled by a member of a
4targeted group and by then subtracting the subsidies paid under s. 49.147 (3) (a) or
5the subsidies and reimbursements paid under s. 49.147 (3m) (c) for those jobs.

AB40-ASA1,819,147 71.47 (1dx) (b) 4. The amount determined by multiplying the amount
8determined under s. 238.385 (1) (bm) or s. 560.785 (1) (bm), 2009 stats., by the
9number of full-time jobs retained, as provided in the rules under s. 238.385 or s.
10560.785, 2009 stats., excluding jobs for which a credit has been claimed under sub.
11(1dj), in an enterprise development zone under s. 238.397 or s. 560.797, 2009 stats.,
12and for which significant capital investment was made and by then subtracting the
13subsidies paid under s. 49.147 (3) (a) or the subsidies and reimbursements paid
14under s. 49.147 (3m) (c) for those jobs.

AB40-ASA1,819,2216 71.47 (1dx) (b) 5. The amount determined by multiplying the amount
17determined under s. 238.385 (1) (c) or s. 560.785 (1) (c), 2009 stats., by the number
18of full-time jobs retained, as provided in the rules under s. 238.385 or s. 560.785,
192009 stats., excluding jobs for which a credit has been claimed under sub. (1dj), in
20a development zone and not filled by a member of a targeted group and by then
21subtracting the subsidies paid under s. 49.147 (3) (a) or the subsidies and
22reimbursements paid under s. 49.147 (3m) (c) for those jobs.

AB40-ASA1,820,524 71.47 (3h) (b) Filing claims. Subject to the limitations provided in this
25subsection, for taxable years beginning after December 31, 2011, and before January

11, 2015 2014, for a claimant who produces at least 2,500,000 gallons of biodiesel fuel
2in this state in the taxable year, a claimant may claim as a credit against the tax
3imposed under s. 71.43, up to the amount of the tax, an amount that is equal to the
4number of gallons of biodiesel fuel produced by the claimant in this state in the
5taxable year multiplied by 10 cents.

AB40-ASA1,820,118 71.47 (3h) (d) 2. No credit may be claimed under this subsection for taxable
9years beginning after December 31, 2013. Credits under this subsection for taxable
10years that begin before January 1, 2014, may be carried forward to taxable years that
11begin after December 31, 2013.

AB40-ASA1,820,1813 71.47 (3n) (a) 2. (intro.) "Dairy farm modernization or expansion" means the
14construction, the improvement, or the acquisition of buildings or facilities, or the
15acquisition of equipment, for dairy animal housing, confinement, animal feeding,
16milk production, or waste management, including the following, if used exclusively
17related to dairy animals and if acquired and placed in service in this state during
18taxable years that begin after December 31, 2003, and before January 1, 2017 2014: