Wisconsin Legislature: Amendment AA4-AB572

LRBa2521/1

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2011 - 2012 LEGISLATURE

ASSEMBLY AMENDMENT 4,
TO 2011 ASSEMBLY BILL 572

March 2, 2012 - Offered by Representative Krusick.

AB572-AA4,1,11 At the locations indicated, amend the bill as follows:

AB572-AA4,1,2 21. Page 3, line 8: after that line insert:

AB572-AA4,1,4 3" Section 1d. 71.07 (2dx) (c) of the statutes, as affected by 2011 Wisconsin Act
432, is renumbered 71.07 (2dx) (c) 1.

AB572-AA4, s. 1f 5Section 1f. 71.07 (2dx) (c) 2. of the statutes is created to read:

AB572-AA4,1,86 71.07 (2dx) (c) 2. For taxable years beginning after December 31, 2011, no
7person may claim both a credit under this subsection and a deduction against the
8taxes imposed under this subchapter for the same activity or expenses.

AB572-AA4, s. 1h 9Section 1h. 71.07 (3q) (c) 1m. of the statutes is created to read:

AB572-AA4,1,1210 71.07 (3q) (c) 1m. For taxable years beginning after December 31, 2011, no
11person may claim both a credit under this subsection and a deduction against the
12taxes imposed under this subchapter for the same activity or expenses.

AB572-AA4, s. 1j 13Section 1j. 71.07 (3w) (c) 2m. of the statutes is created to read:

AB572-AA4,2,3

171.07 (3w) (c) 2m. For taxable years beginning after December 31, 2011, no
2person may claim both a credit under this subsection and a deduction against the
3taxes imposed under this subchapter for the same activity or expenses.".

AB572-AA4,2,4 42. Page 3, line 16: after that line insert:

AB572-AA4,2,6 5" Section 2d. 71.28 (1dx) (c) of the statutes, as affected by 2011 Wisconsin Act
632, is renumbered 71.28 (1dx) (c) 1.

AB572-AA4, s. 2f 7Section 2f. 71.28 (1dx) (c) 2. of the statutes is created to read:

AB572-AA4,2,108 71.28 (1dx) (c) 2. For taxable years beginning after December 31, 2011, no
9person may claim both a credit under this subsection and a deduction against the
10taxes imposed under this subchapter for the same activity or expenses.

AB572-AA4, s. 2h 11Section 2h. 71.28 (3q) (c) 1m. of the statutes is created to read:

AB572-AA4,2,1412 71.28 (3q) (c) 1m. For taxable years beginning after December 31, 2011, no
13person may claim both a credit under this subsection and a deduction against the
14taxes imposed under this subchapter for the same activity or expenses.

AB572-AA4, s. 2j 15Section 2j. 71.28 (3w) (c) 2m. of the statutes is created to read:

AB572-AA4,2,1816 71.28 (3w) (c) 2m. For taxable years beginning after December 31, 2011, no
17person may claim both a credit under this subsection and a deduction against the
18taxes imposed under this subchapter for the same activity or expenses.".

AB572-AA4,2,19 193. Page 4, line 5: after that line insert:

AB572-AA4,2,21 20" Section 3d. 71.47 (1dx) (c) of the statutes, as affected by 2011 Wisconsin Act
2132, is renumbered 71.47 (1dx) (c) 1.

AB572-AA4, s. 3f 22Section 3f. 71.47 (1dx) (c) 2. of the statutes is created to read:

AB572-AA4,3,3

171.47 (1dx) (c) 2. For taxable years beginning after December 31, 2011, no
2person may claim both a credit under this subsection and a deduction against the
3taxes imposed under this subchapter for the same activity or expenses.

AB572-AA4, s. 3h 4Section 3h. 71.47 (3q) (c) 1m. of the statutes is created to read:

AB572-AA4,3,75 71.47 (3q) (c) 1m. For taxable years beginning after December 31, 2011, no
6person may claim both a credit under this subsection and a deduction against the
7taxes imposed under this subchapter for the same activity or expenses.

AB572-AA4, s. 3j 8Section 3j. 71.47 (3w) (c) 2m. of the statutes is created to read:

AB572-AA4,3,119 71.47 (3w) (c) 2m. For taxable years beginning after December 31, 2011, no
10person may claim both a credit under this subsection and a deduction against the
11taxes imposed under this subchapter for the same activity or expenses.".

AB572-AA4,3,1212 (End)