LRB-3448/2
JK:lmk&cjs:rs
2005 - 2006 LEGISLATURE
September 19, 2005 - Introduced by Representatives Wieckert, Loeffelholz,
Gard, Suder, Hines, Hundertmark, Musser, Owens, Turner, McCormick,
Sheridan, Towns, Bies and Nass, cosponsored by Senators Zien, Hansen,
Leibham, Roessler and
Erpenbach. Referred to Committee on Veterans
Affairs.
AB674,1,3
1An Act to amend 71.07 (2dx) (a) 5., 71.28 (1dx) (a) 5. and 71.47 (1dx) (a) 5. of the
2statutes;
relating to: development zone tax credits for providing full-time jobs
3to veterans of the United States armed forces.
Analysis by the Legislative Reference Bureau
Under current law, a business that is located in an area designated by the
federal government as an economic revitalization area may claim up to $8,000 in tax
credits for each member of a targeted group that the business employs in a full-time
job. Under current law, a member of a targeted group includes an economically
disadvantaged veteran. Under this bill, a member of a targeted group also includes
a person who has served under honorable conditions in the U.S. armed forces or in
forces incorporated as part of the U.S. armed forces for at least one year or, if the
active duty service was less than one year, who was honorably discharged for a
service-connected disability, for a disability subsequently adjudicated to be a
service-connected disability, for reasons of hardship, or due to a reduction in the U.S.
armed forces.
For further information see the state fiscal estimate, which will be printed as
an appendix to this bill.
The people of the state of Wisconsin, represented in senate and assembly, do
enact as follows:
AB674,2,203
71.07
(2dx) (a) 5. "Member of a targeted group" means a person who resides
4in an area designated by the federal government as an economic revitalization area,
5a person who is employed in an unsubsidized job but meets the eligibility
6requirements under s. 49.145 (2) and (3) for a Wisconsin Works employment position,
7a person who is employed in a trial job, as defined in s. 49.141 (1) (n), a person who
8is eligible for child care assistance under s. 49.155, a person who is a vocational
9rehabilitation referral, an economically disadvantaged youth, an economically
10disadvantaged veteran,
a person who has served under honorable conditions in the
11U.S. armed forces or in forces incorporated as part of the U.S. armed forces for at least
12one year or, if the active duty service was less than one year, who was honorably
13discharged for a service-connected disability, for a disability subsequently
14adjudicated to be a service-connected disability, for reasons of hardship, or due to a
15reduction in the U.S. armed forces, a supplemental security income recipient, a
16general assistance recipient, an economically disadvantaged ex-convict, a qualified
17summer youth employee, as defined in
26 USC 51 (d) (7), a dislocated worker, as
18defined in
29 USC 2801 (9), or a food stamp recipient; if the person has been certified
19in the manner under sub. (2dj) (am) 3. by a designated local agency, as defined in sub.
20(2dj) (am) 2.
AB674,3,1523
71.28
(1dx) (a) 5. "Member of a targeted group" means a person who resides
24in an area designated by the federal government as an economic revitalization area,
25a person who is employed in an unsubsidized job but meets the eligibility
1requirements under s. 49.145 (2) and (3) for a Wisconsin Works employment position,
2a person who is employed in a trial job, as defined in s. 49.141 (1) (n), a person who
3is eligible for child care assistance under s. 49.155, a person who is a vocational
4rehabilitation referral, an economically disadvantaged youth, an economically
5disadvantaged veteran,
a person who has served under honorable conditions in the
6U.S. armed forces or in forces incorporated as part of the U.S. armed forces for at least
7one year or, if the active duty service was less than one year, who was honorably
8discharged for a service-connected disability, for a disability subsequently
9adjudicated to be a service-connected disability, for reasons of hardship, or due to a
10reduction in the U.S. armed forces, a supplemental security income recipient, a
11general assistance recipient, an economically disadvantaged ex-convict, a qualified
12summer youth employee, as defined in
26 USC 51 (d) (7), a dislocated worker, as
13defined in
29 USC 2801 (9), or a food stamp recipient; if the person has been certified
14in the manner under sub. (1dj) (am) 3. by a designated local agency, as defined in sub.
15(1dj) (am) 2.
AB674,4,1018
71.47
(1dx) (a) 5. "Member of a targeted group" means a person who resides
19in an area designated by the federal government as an economic revitalization area,
20a person who is employed in an unsubsidized job but meets the eligibility
21requirements under s. 49.145 (2) and (3) for a Wisconsin Works employment position,
22a person who is employed in a trial job, as defined in s. 49.141 (1) (n), a person who
23is eligible for child care assistance under s. 49.155, a person who is a vocational
24rehabilitation referral, an economically disadvantaged youth, an economically
25disadvantaged veteran,
a person who has served under honorable conditions in the
1U.S. armed forces or in forces incorporated as part of the U.S. armed forces for at least
2one year or, if the active duty service was less than one year, who was honorably
3discharged for a service-connected disability, for a disability subsequently
4adjudicated to be a service-connected disability, for reasons of hardship, or due to a
5reduction in the U.S. armed forces, a supplemental security income recipient, a
6general assistance recipient, an economically disadvantaged ex-convict, a qualified
7summer youth employee, as defined in
26 USC 51 (d) (7), a dislocated worker, as
8defined in
29 USC 2801 (9), or a food stamp recipient; if the person has been certified
9in the manner under sub. (1dj) (am) 3. by a designated local agency, as defined in sub.
10(1dj) (am) 2.
AB674,4,1212
(1) This act first applies to taxable years beginning on January 1, 2006.
