Wisconsin Legislature: Amendment AA1-AB638

LRBa2575/1

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2011 - 2012 LEGISLATURE

ASSEMBLY AMENDMENT 1,
TO 2011 ASSEMBLY BILL 638

March 6, 2012 - Offered by Representative Kooyenga.

AB638-AA1,1,11 At the locations indicated, amend the bill as follows:

AB638-AA1,1,2 21. Page 5, line 25: after that line insert:

AB638-AA1,1,4 3" Section 4d. 71.07 (5n) (c) of the statutes, as created by 2011 Wisconsin Act
432, is renumbered 71.07 (5n) (c) 1.

AB638-AA1, s. 4e 5Section 4e. 71.07 (5n) (c) 2. of the statutes is created to read:

AB638-AA1,1,86 71.07 (5n) (c) 2. No claimant may claim a credit under this subsection in an
7amount that exceeds the claimant's tax liability under this subchapter for income
8derived from the claimant's qualified production property.".

AB638-AA1,1,9 92. Page 10, line 10: after that line insert:

AB638-AA1,1,11 10" Section 13d. 71.28 (5n) (c) of the statutes, as created by 2011 Wisconsin Act
1132, is renumbered 71.28 (5n) (c) 1.

AB638-AA1, s. 13e 12Section 13e. 71.28 (5n) (c) 2. of the statutes is created to read:

AB638-AA1,2,3

171.28 (5n) (c) 2. No claimant may claim a credit under this subsection in an
2amount that exceeds the claimant's tax liability under this subchapter for income
3derived from the claimant's qualified production property.".

AB638-AA1,2,44 (End)