AB21,978,7 2. For purposes of this paragraph, "Internal Revenue Code" does not include the following provisions of federal public laws for taxable years beginning after December 31, 2013: section 13113 of P.L 103-66; sections 1, 3, 4, and 5 of P.L. 106-519; sections 101, 102, and 422 of P.L 108-357; sections 1310 and 1351 of P.L. 109-58; section 11146 of P.L. 109-59; section 403 (q) of P.L. 109-135; section 513 of P.L. 109-222; sections 104 and 307 of P.L. 109-432; sections 8233 and 8235 of P.L. 110-28; section 11 (e) and (g) of P.L. 110-172; section 301 of P.L. 110-245; sections 15303 and 15351 of P.L. 110-246; section 302 of division A, section 401 of division B, and sections 312, 322, 502 (c), 707, and 801 of division C of P.L. 110-343; sections 1232, 1241, 1251, 1501, and 1502 of division B of P.L. 111-5; sections 211, 212, 213, 214, and 216 of P.L. 111-226; sections 2011 and 2122 of P.L. 111-240; sections 753, 754, and 760 of P.L. 111-312; section 1106 of P.L. 112-95; and sections 104, 318, 322, 323, 324, 326, 327, and 411 of P.L. 112-240.

AB21,978,11 3. For purposes of this paragraph, "Internal Revenue Code" does not include amendments to the federal Internal Revenue Code enacted after December 31, 2013, except that "Internal Revenue Code" includes the provisions of the following federal public laws:

AB21,978,12 a. P.L. 113-97.

AB21,978,13 b. P.L. 113-159.

AB21,978,14 c. P.L. 113-168.

AB21,978,16 4. For purposes of this paragraph, "Internal Revenue Code" does not include section 847 of the federal Internal Revenue Code.

AB21,978,19 5. For purposes of this paragraph, the provisions of federal public laws that directly or indirectly affect the Internal Revenue Code, as defined in this paragraph, apply for Wisconsin purposes at the same time as for federal purposes.

AB21,2362 Section 2362. 71.45 (1t) (e) of the statutes is amended to read:

AB21,978,23 71.45 (1t) (e) Those issued under s. 234.65, 2013 stats., to fund an economic development loan to finance construction, renovation or development of property that would be exempt under s. 70.11 (36).

AB21,2363 Section 2363. 71.45 (1t) (em) of the statutes is amended to read:

AB21,979,4 71.45 (1t) (em) Those issued under s. 234.08 , 2013 stats., or s. 234.61, 2013 stats., on or after January 1, 2004, or the Forward Wisconsin Development Authority under s. 235.609 or 235.61, if the obligations are issued to fund multifamily affordable housing projects or elderly housing projects.

AB21,2364 Section 2364. 71.45 (1t) (k) 1. of the statutes is amended to read:

AB21,979,9 71.45 (1t) (k) 1. The bonds or notes are used to fund multifamily affordable housing projects or elderly housing projects in this state, and the Forward Wisconsin Housing and Economic Development Authority has the authority to issue its bonds or notes for the project being funded.

AB21,2365 Section 2365. 71.45 (1t) (m) of the statutes is amended to read:

AB21,979,13 71.45 (1t) (m) Those issued by the Forward Wisconsin Housing and Economic Development Authority to provide loans to a public affairs network under s. 234.75 (4), 2013 stats., or s. 235.75 (4).

AB21,2366 Section 2366. 71.45 (1t) (n) of the statutes is created to read:

AB21,979,16 71.45 (1t) (n) 1. Those issued by the state under s. 16.527 (3) (d) to assist a local sports and entertainment district created under subch. VI of ch. 229.

AB21,979,19 2. Those issued under one of the provisions specified in s. 229.863 (3) by a local unit, as defined in s. 229.858 (4), to assist a local sports and entertainment district created under subch. VI of ch. 229.

AB21,2367 Section 2367. 71.45 (2) (a) 10. of the statutes is amended to read:

AB21,980,2 71.45 (2) (a) 10. By adding to federal taxable income the amount of credit computed under s. 71.47 (1dd) (1dm) to (1dy), (3g), (3h), (3n), (3p), (3q), (3r), (3rm), (3rn), (3w), (3y), (5e), (5f), (5g), (5h), (5i), (5j), (5k), (5r), (5rm), (6n), (8r), and (9s) and not passed through by a partnership, limited liability company, or tax-option corporation that has added that amount to the partnership's, limited liability company's, or tax-option corporation's income under s. 71.21 (4) or 71.34 (1k) (g) and the amount of credit computed under s. 71.47 (1), (3), (3t), (4), (4m), and (5).

AB21,2368 Section 2368. 71.45 (2) (a) 11. of the statutes is repealed.

AB21,2369 Section 2369. 71.47 (1) (a) of the statutes is amended to read:

AB21,980,15 71.47 (1) (a) Any corporation which contributes an amount to the community development finance authority under s. 233.03, 1985 stats., or to the housing and economic development authority under s. 234.03 (32), 2013 stats., or to the Forward Wisconsin Development Authority on behalf of the community development finance company under s. 235.95 and in the same year purchases common stock or partnership interests of the community development finance company issued under s. 233.05 (2), 1985 stats., or s. 234.95 (2), 2013 stats., or s. 235.95 (2) in an amount no greater than the contribution to the authority, may credit against taxes otherwise due an amount equal to 75% of the purchase price of the stock or partnership interests. The credit received under this paragraph may not exceed 75% of the contribution to the community development finance authority.

AB21,2370 Section 2370. 71.47 (1dd) of the statutes is repealed.

AB21,2371 Section 2371. 71.47 (1de) of the statutes is repealed.

AB21,2372 Section 2372. 71.47 (1di) of the statutes is repealed.

AB21,2373 Section 2373. 71.47 (1dj) of the statutes is repealed.

AB21,2374 Section 2374. 71.47 (1dL) of the statutes is repealed.