SB40-SSA1,1012,2018 (c) Limitations. 1. No credit may be allowed under this subsection for any
19amount that the claimant paid for expenses described under par. (b) that the
20claimant also claimed as a deduction under section 162 of the Internal Revenue Code.

SB40-SSA1,1012,2221 2. The aggregate amount of credits that a claimant may claim under this
22subsection is $200,000.

SB40-SSA1,1013,623 3. Partnerships, limited liability companies, and tax-option corporations may
24not claim the credit under this subsection, but the eligibility for, and the amount of,
25the credit are based on their payment of expenses under par. (b), except that the

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1aggregate amount of credits that the entity may compute shall not exceed $200,000.
2A partnership, limited liability company, or tax-option corporation shall compute
3the amount of credit that each of its partners, members, or shareholders may claim
4and shall provide that information to each of them. Partners, members of limited
5liability companies, and shareholders of tax-option corporations may claim the
6credit in proportion to their ownership interest.

SB40-SSA1,1013,107 4. If 2 or more persons own and operate the dairy manufacturing operation,
8each person may claim a credit under par. (b) in proportion to his or her ownership
9interest, except that the aggregate amount of the credits claimed by all persons who
10own and operate the dairy manufacturing operation shall not exceed $200,000.

SB40-SSA1,1013,1211 (d) Administration. Section 71.28 (4) (e) to (h), as it applies to the credit under
12s. 71.28 (4), applies to the credit under this subsection.

SB40-SSA1,1013,1514 71.47 (3w) (a) 5m. "Wages" means wages under section 3306 (b) of the Internal
15Revenue Code, determined without regard to any dollar limitations.

SB40-SSA1,1013,2117 71.47 (3w) (a) 6. "Zone payroll" means the amount of state payroll that is
18attributable to compensation wages paid to individuals full-time employees for
19services that are performed in a an enterprise zone. "Zone payroll" does not include
20the amount of compensation wages paid to any individuals full-time employees that
21exceeds $100,000.

SB40-SSA1,1014,323 71.47 (3w) (b) 1. a. The claimant's zone payroll in the taxable year, minus the
24claimant's zone payroll number of full-time employees whose annual wages are
25greater than $30,000 and who the claimant employed in the enterprise zone in the

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1taxable year, minus the number of full-time employees whose annual wages were
2greater than $30,000 and who the claimant employed in the area that comprises the
3enterprise zone in the base year.

SB40-SSA1,1014,95 71.47 (3w) (b) 1. b. The claimant's state payroll in the taxable year, minus the
6claimant's state payroll number of full-time employees whose annual wages are
7greater than $30,000 and who the claimant employed in the state in the taxable year,
8minus the number of full-time employees whose annual wages were greater than
9$30,000 and who the claimant employed in the state in the base year.

SB40-SSA1,1014,1611 71.47 (3w) (b) 2. Subtract the number of Determine the claimant's average
12zone payroll by dividing total wages for full-time employees that whose annual
13wages are greater than $30,000 and who the claimant employed in the area that
14comprises the enterprise zone in the base taxable year from by the number of
15full-time employees that whose annual wages are greater than $30,000 and who the
16claimant employed in the enterprise zone in the taxable year.

SB40-SSA1,1014,1918 71.47 (3w) (b) 3. Multiply Subtract $30,000 from the amount determined under
19subd. 2., but not an amount less than zero, by $30,000.

SB40-SSA1,1014,2221 71.47 (3w) (b) 4. Subtract Multiply the amount determined under subd. 3. from
22by the amount determined under subd. 1.

SB40-SSA1,1015,10

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171.47 (3w) (bm) Filing supplemental claims. In addition to the credit under
2par. (b) and subject to the limitations provided in this subsection and s. 560.799, a
3claimant may claim as a credit against the tax imposed under s. 71.43 an amount
4equal to all of the following: 4. The the amount the claimant paid in the taxable year
5to upgrade or improve the job-related skills of any of the claimant's full-time
6employees, to train any of the claimant's full-time employees on the use of
7job-related new technologies, or to train provide job-related training to any
8full-time employee whose employment with the claimant represents the employee's
9first full-time job. This subdivision does not apply to employees who do not work in
10 a an enterprise zone.

SB40-SSA1,1015,1613 71.47 (3w) (d) Administration. Section 71.28 (4) (g) and (h), as it applies to the
14credit under s. 71.28 (4), applies to the credit under this subsection. Claimants shall
15include with their returns a copy of their certification for tax benefits, and a copy of
16the verification of their expenses, from the department of commerce.

SB40-SSA1,1015,2018 71.47 (5b) (c) 1. The Except as provided in s. 73.03 (63), the maximum amount
19of the credits that may be claimed under this subsection and ss. 71.07 (5b) and 71.28
20(5b) for all taxable years combined is $35,000,000 $52,500,000.

SB40-SSA1,1016,323 71.47 (5b) (d) 2. The Wisconsin adjusted basis of any investment for which a
24credit is claimed under par. (b) shall be reduced by the amount of the credit that is
25offset against Wisconsin income taxes. The Wisconsin basis of a partner's interest

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1in a partnership, a member's interest in a limited liability company, or stock in a
2tax-option corporation shall be adjusted to reflect adjustments made under this
3subdivision.

SB40-SSA1,1016,125 71.47 (5e) (b) Filing claims. Subject to the limitations provided in this
6subsection and subject to 2005 Wisconsin Act 479, section 17, beginning in the first
7taxable year following the taxable year in which the claimant claims an exemption
8a deduction under s. 77.54 (48) 77.585 (9), a claimant may claim as a credit against
9the taxes imposed under s. 71.43, up to the amount of those taxes, in each taxable
10year for 2 years, the amount certified by the department of commerce that resulted
11from the claimant claimed as an exemption claiming a deduction under s. 77.54 (48)
1277.585 (9).

SB40-SSA1,1016,1514 71.47 (5e) (c) 1. No credit may be allowed under this subsection unless the
15claimant satisfies the requirements under s. 77.54 (48) 77.585 (9).

SB40-SSA1,1016,2017 71.47 (5e) (c) 3. The total amount of the credits and exemptions the sales and
18use tax resulting from the deductions claimed under s. 77.585 (9) that may be claimed
19by all claimants under this subsection and ss. 71.07 (5e), 71.28 (5e), and 77.54 (48)
2077.585 (9) is $7,500,000, as determined by the department of commerce.

SB40-SSA1,1017,422 71.47 (5h) (a) 4. "Previously owned property" means real property that the
23claimant or a related person owned during the 2 years prior to doing business in this
24state as a film production company and for which the claimant may not deduct a loss
25from the sale of the property to, or an exchange of the property with, the related

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1person under section 267 of the Internal Revenue Code, except that section 267 of the
2Internal Revenue Code is modified so that if the claimant owns any part of the
3property, rather than 50 percent ownership, the claimant is subject to section 267 of
4the Internal Revenue Code for purposes of this subsection.

SB40-SSA1,1017,106 71.47 (5h) (c) 2. A claimant may claim the credit under par. (b) 2. for an amount
7expended to construct, rehabilitate, remodel, or repair real property, if the claimant
8began the physical work of construction, rehabilitation, remodeling, or repair, or any
9demolition or destruction in preparation for the physical work, after December 31,
102007, or if and the completed project is placed in service after December 31, 2007.

SB40-SSA1,1017,1512 71.47 (5h) (c) 3. A claimant may claim the credit under par. (b) 2. for an amount
13expended to acquire real property, if the property is not previously owned property
14and if the claimant acquires the property after December 31, 2007, or if and the
15completed project is placed in service after December 31, 2007.

SB40-SSA1,1017,1817 71.47 (5i) Electronic medical records credit. (a) Definitions. In this
18subsection, "claimant" means a person who files a claim under this subsection.

SB40-SSA1,1017,2519 (b) Filing claims. Subject to the limitations provided in this subsection, for
20taxable years beginning after December 31, 2008, a claimant may claim as a credit
21against the taxes imposed under s. 71.43, up to the amount of those taxes, an amount
22equal to 50 percent of the amount the claimant paid in the taxable year for
23information technology hardware or software that is used to maintain medical
24records in electronic form, if the claimant is a health care provider, as defined in s.
25146.81 (1).

SB40-SSA1,1018,3

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1(c) Limitations. 1. The maximum amount of the credits that may be claimed
2under this subsection and ss. 71.07 (5i) and 71.28 (5i) in a taxable year is
3$10,000,000, as allocated under s. 560.204.

SB40-SSA1,1018,114 2. Partnerships, limited liability companies, and tax-option corporations may
5not claim the credit under this subsection, but the eligibility for, and the amount of,
6the credit are based on their payment of amounts under par. (b). A partnership,
7limited liability company, or tax-option corporation shall compute the amount of
8credit that each of its partners, members, or shareholders may claim and shall
9provide that information to each of them. Partners, members of limited liability
10companies, and shareholders of tax-option corporations may claim the credit in
11proportion to their ownership interests.

SB40-SSA1,1018,1312 (d) Administration. Section 71.28 (4) (e) to (h), as it applies to the credit under
13s. 71.28 (4), applies to the credit under this subsection.

SB40-SSA1,1018,1615 71.47 (5j) Ethanol and biodiesel fuel pump credit. (a) Definitions. In this
16subsection:

SB40-SSA1,1018,1717 1. "Biodiesel fuel" has the meaning given in s. 168.14 (2m) (a).

SB40-SSA1,1018,1818 2. "Claimant" means a person who files a claim under this subsection.

SB40-SSA1,1018,1919 3. "Motor vehicle fuel" has the meaning given in s. 78.005 (13).

SB40-SSA1,1019,220 (b) Filing claims. Subject to the limitations provided in this subsection, for
21taxable years beginning after December 31, 2007, and before January 1, 2018, a
22claimant may claim as a credit against the taxes imposed under s. 71.43, up to the
23amount of the taxes, an amount that is equal to 25 percent of the amount that the
24claimant paid in the taxable year to install or retrofit pumps located in this state that

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1dispense motor vehicle fuel consisting of at least 85 percent ethanol or at least 20
2percent biodiesel fuel.

SB40-SSA1,1019,63 (c) Limitations. 1. The maximum amount of the credit that a claimant may
4claim under this subsection in a taxable year is an amount that is equal to $5,000 for
5each service station for which the claimant has installed or retrofitted pumps as
6described under par. (b).

SB40-SSA1,1019,147 2. Partnerships, limited liability companies, and tax-option corporations may
8not claim the credit under this subsection, but the eligibility for, and the amount of,
9the credit are based on their payment of amounts under par. (b). A partnership,
10limited liability company, or tax-option corporation shall compute the amount of
11credit that each of its partners, members, or shareholders may claim and shall
12provide that information to each of them. Partners, members of limited liability
13companies, and shareholders of tax-option corporations may claim the credit in
14proportion to their ownership interests.

SB40-SSA1,1019,1615 (d) Administration. Section 71.28 (4) (e) to (h), as it applies to the credit under
16s. 71.28 (4), applies to the credit under this subsection.

SB40-SSA1,1019,1918 71.47 (5k) Community rehabilitation program credit. (a) Definitions. In this
19subsection:

SB40-SSA1,1019,2020 1. "Claimant" means a person who files a claim under this subsection.

SB40-SSA1,1019,2521 2. "Community rehabilitation program" means a nonprofit entity, county,
22municipality, or state or federal agency that directly provides, or facilitates the
23provision of, vocational rehabilitation services to individuals who have disabilities
24to maximize the employment opportunities, including career advancement, of such
25individuals.

SB40-SSA1,1020,2

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13. "Vocational rehabilitation services" include education, training,
2employment, counseling, therapy, placement, and case management.

SB40-SSA1,1020,53 4. "Work" includes production, packaging, assembly, food service, custodial
4service, clerical service, and other commercial activities that improve employment
5opportunities for individuals who have disabilities.

SB40-SSA1,1020,116 (b) Filing claims. Subject to the limitations provided in this subsection, for
7taxable years beginning after July 1, 2007, a claimant may claim as a credit against
8the tax imposed under s. 71.43, up to the amount of those taxes, an amount equal to
95 percent of the amount the claimant paid in the taxable year to a community
10rehabilitation program to perform work for the claimant's business, pursuant to a
11contract.

SB40-SSA1,1020,1512 (c) Limitations. 1. The maximum amount of the credit that any claimant may
13claim under this subsection in a taxable year is $25,000 for each community
14rehabilitation program for which the claimant enters into a contract to have the
15community rehabilitation program perform work for the claimant's business.

SB40-SSA1,1020,2016 2. No credit may be claimed under this subsection unless the claimant submits
17with the claimant's return a form, as prescribed by the department of revenue, that
18verifies that the claimant has entered into a contract with a community
19rehabilitation program and that the program has received payment from the
20claimant for work provided by the program, consistent with par. (b).

SB40-SSA1,1021,321 3. Partnerships, limited liability companies, and tax-option corporations may
22not claim the credit under this subsection, but the eligibility for, and the amount of,
23the credit are based on their payment of amounts under par. (b). A partnership,
24limited liability company, or tax-option corporation shall compute the amount of
25credit that each of its partners, members, or shareholders may claim and shall

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1provide that information to each of them. Partners, members of limited liability
2companies, and shareholders of tax-option corporations may claim the credit in
3proportion to their ownership interests.

SB40-SSA1,1021,54 (d) Administration. Section 71.28 (4) (e) to (h), as it applies to the credit under
5s. 71.28 (4), applies to the credit under this subsection.

SB40-SSA1,1021,77 71.49 (1) (bn) Community rehabilitation program credit under s. 71.47 (5k).

SB40-SSA1,1021,109 71.49 (1) (dd) Dairy manufacturing facility investment credit under s. 71.47
10(3p).

SB40-SSA1,1021,1212 71.49 (1) (ds) Ethanol and biodiesel fuel pump credit under s. 71.47 (5j).

SB40-SSA1,1021,1414 71.49 (1) (epa) Electronic medical records credit under s. 71.47 (5i).

SB40-SSA1,1021,1717 71.49 (1) (eps) Film production services credit under s. 71.47 (5f) (b) 1. and 3.

SB40-SSA1,1021,2219 71.49 (1) (f) The total of farmers' drought property tax credit under s. 71.47
20(1fd), farmland preservation credit under subch. IX, farmland tax relief credit under
21s. 71.47 (2m), enterprise zone jobs credit under s. 71.47 (3w), film production services
22credit under s. 71.28 (5f) (b) 2., and estimated tax payments under s. 71.48.

SB40-SSA1,1022,3

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171.54 (1) (f) 2001 and thereafter. (intro.) The Subject to sub. (2m), the amount
2of any claim filed in 2001 and thereafter and based on property taxes accrued or rent
3constituting property taxes accrued during the previous year is limited as follows:

SB40-SSA1,1022,65 71.54 (2) (b) 3. In Subject to sub. (2m), in calendar year 1990 or any subsequent
6calendar year, $1,450.

SB40-SSA1,1022,218 71.54 (2m) Indexing for inflation; 2007 and thereafter. (a) For taxable years
9beginning after December 31, 2006, the dollar amounts for the threshold income
10under sub. (1) (f) 1. and 2., the maximum household income under sub. (1) (f) 3., and
11the maximum property taxes under sub. (2) (b) 3. shall be increased each year 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 2005, as determined by the federal department of labor.
16Each amount that is revised under this paragraph shall be rounded to the nearest
17multiple of $10 if the revised amount is not a multiple of $10 or, if the revised amount
18is a multiple of $5, such an amount shall be increased to the next higher multiple of
19$10. The department of revenue shall annually adjust the changes in dollar amounts
20required under this paragraph and incorporate the changes into the income tax
21forms and instructions.

SB40-SSA1,1023,222 (b) The department of revenue shall annually adjust the slope under sub. (1)
23(f) 2. such that as a claimant's income increases from the threshold income as
24calculated under par. (a), to an amount that exceeds the maximum household income
25as calculated under par. (a), the credit that may be claimed is reduced to $0 and the

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1department of revenue shall incorporate the changes into the income tax forms and
2instructions.