SB1-SA1,2,74 71.26 (4) (a) Except as provided in par. (b), a corporation, except a tax-option
5corporation or an insurer to which s. 71.45 (4) applies, may offset against its
6Wisconsin net business income any Wisconsin net business loss sustained in any of
7the next 15 20 preceding taxable years, if the corporation was subject to taxation
8under this chapter in the taxable year in which the loss was sustained, to the extent
9not offset by other items of Wisconsin income in the loss year and by Wisconsin net
10business income of any year between the loss year and the taxable year for which an
11offset is claimed. For purposes of this subsection Wisconsin net business income or
12loss shall consist of all the income attributable to the operation of a trade or business
13in this state, less the business expenses allowed as deductions in computing net

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1income. The Wisconsin net business income or loss of corporations engaged in
2business within and without the state shall be determined under s. 71.25 (6) and (10)
3to (12). Nonapportionable losses having a Wisconsin situs under s. 71.25 (5) (b) shall
4be included in Wisconsin net business loss; and nonapportionable income having a
5Wisconsin situs under s. 71.25 (5) (b), whether taxable or exempt, shall be included
6in other items of Wisconsin income and Wisconsin net business income for purposes
7of this subsection.".

SB1-SA1,2,1910 71.45 (4) (a) Except as provided in par. (b), insurers computing tax under this
11subchapter may subtract from Wisconsin net income any Wisconsin net business loss
12sustained in any of the next 15 20 preceding taxable years to the extent not offset by
13Wisconsin net business income of any year between the loss year and the taxable year
14for which an offset is claimed and computed without regard to sub. (2) (a) 8. and 9.
15and this subsection and limited to the amount of net income, but no loss incurred for
16a taxable year before taxable year 1987 by a nonprofit service plan of sickness care
17under ch. 148, or dental care under s. 447.13 may be treated as a net business loss
18of the successor service insurer under ch. 613 operating by virtue of s. 148.03 or
19447.13.".

SB1-SA1,3,523 71.98 (3) Depreciation, depletion, and amortization. For taxable years
24beginning after December 31, 2013, and for purposes of computing depreciation,

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1depletion, and amortization, the Internal Revenue Code means the federal Internal
2Revenue Code in effect on January 1, 2014. For taxable years beginning after
3December 31, 2013, and for purposes of computing depletion, the Internal Revenue
4code means the federal Internal Revenue code in effect for the year in which the
5property is placed in service.".

SB1-SA1,4,8

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1[2013 Wisconsin Act 20] Section 9252 (1) (a) (intro.) Notwithstanding 2011
2Wisconsin Act 32, section 9255 (1) (c) and (d), the secretary shall not lapse any money
3from the agencies specified in those paragraphs during the 2013-15 fiscal biennium,
4but shall instead lapse to the general fund from the unencumbered balances of
5general purpose revenue and program revenue appropriations to the following
6executive branch state agencies, other than sum sufficient appropriations and
7appropriations of federal revenues, the following amounts in each fiscal year of the
82013-15 fiscal biennium the 2013-14, 2014-15, and 2015-16 fiscal years:".