Wisconsin Legislature: Amendment ASA1-AB1

LRBs0210/1

JK:jld:rs

2011 - 2012 LEGISLATURE

ASSEMBLY SUBSTITUTE AMENDMENT 1,
TO 2011 ASSEMBLY BILL 1

October 12, 2011 - Offered by Joint Committee on Finance.

AB1-ASA1,1,1 1An Act to amend 238.16 (4) (c) of the statutes; relating to: the jobs tax credit.

The people of the state of Wisconsin, represented in senate and assembly, do
enact as follows:

AB1-ASA1, s. 1 2Section 1. 238.16 (4) (c) of the statutes, as affected by 2011 Wisconsin Act 32,
3is amended to read:

AB1-ASA1,1,84 238.16 (4) (c) Subject to a reallocation by the corporation pursuant to rules
5adopted under s. 238.215 238.15 (3) (d), the corporation may allocate up to $5,000,000
6in tax benefits under this section in any calendar year, except that beginning on July
71, 2011, the corporation may allocate up to $10,000,000 in tax benefits under this
8section in any calendar year.

AB1-ASA1,1,99 (End)