AB867,2,1515 a. 5812 — Eating places.

AB867,2,1616 b. 5813 — Drinking places.

AB867,2,1717 c. 7011 — Hotels and motels.

AB867,2,1818 d. 7032 — Sporting and recreational camps.

AB867,2,1919 e. 7033 — Recreational vehicle parks and campsites.

AB867,2,2020 f. 7922 — Theatrical producers and miscellaneous theatrical services.

AB867,2,2221 g. 7929 — Bands, orchestras, actors, and other entertainers and entertainment
22groups.

AB867,2,2323 h. 7948 — Racing, including track operation.

AB867,2,2424 i. 7992 — Public golf courses.

AB867,2,2525 j. 7996 — Amusement parks.

AB867,3,1

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1k. 7997 — Membership sports and recreation clubs.

AB867,3,22 L. 7999 — Amusement and recreational services, not elsewhere classified.

AB867,3,73 (b) Filing claims. Subject to the limitations provided in this subsection, a
4claimant may claim as a credit against the tax imposed under s. 71.02, up to the
5amount of the tax, an amount equal to 10 percent of the amount the claimant spent
6in the taxable year on advertising outside of this state to promote the claimant's
7hospitality business.

AB867,3,158 (c) Limitations. Partnerships, limited liability companies, and tax-option
9corporations may not claim the credit under this subsection, but the eligibility for,
10and the amount of, the credit are based on their payment of amounts under par. (b).
11A partnership, limited liability company, or tax-option corporation shall compute
12the amount of credit that each of its partners, members, or shareholders may claim
13and shall provide that information to each of them. Partners, members of limited
14liability companies, and shareholders of tax-option corporations may claim the
15credit in proportion to their ownership interests.

AB867,3,1716 (d) Administration. Section 71.28 (4) (e) to (h), as it applies to the credit under
17s. 71.28 (4), applies to the credit under this subsection.

AB867,3,1919 71.10 (4) (cd) Hospitality business advertising credit under s. 71.07 (5n).

AB867,3,2522 71.21 (4) Credits computed by a partnership under s. 71.07 (2dd), (2de), (2di),
23(2dj), (2dL), (2dm), (2ds), (2dx), (2dy), (3g), (3h), (3n), (3p), (3q), (3r), (3s), (3t), (3w),
24(5e), (5f), (5g), (5h), (5i), (5j), (5k), (5n), and (8r) and passed through to partners shall
25be added to the partnership's income.

AB867,4,83 71.26 (2) (a) 4. Plus the amount of the credit computed under s. 71.28 (1dd),
4(1de), (1di), (1dj), (1dL), (1dm), (1ds), (1dx), (1dy), (3g), (3h), (3n), (3p), (3q), (3r), (3t),
5(3w), (5e), (5f), (5g), (5h), (5i), (5j), (5k), (5n), and (8r) and not passed through by a
6partnership, limited liability company, or tax-option corporation that has added that
7amount to the partnership's, limited liability company's, or tax-option corporation's
8income under s. 71.21 (4) or 71.34 (1k) (g).

AB867,4,1110 71.28 (5n) Hospitality business advertising credit. (a) Definitions. In this
11subsection:

AB867,4,1212 1. "Claimant" means a person who files a claim under this subsection.

AB867,4,1613 2. "Hospitality business" means a hospitality business located in this state,
14including a business that is classified in the standard industrial classification
15manual, 1987 edition, published by the U.S. office of management and budget, under
16any of the following industry numbers:

AB867,4,1717 a. 5812 — Eating places.

AB867,4,1818 b. 5813 — Drinking places.

AB867,4,1919 c. 7011 — Hotels and motels.

AB867,4,2020 d. 7032 — Sporting and recreational camps.

AB867,4,2121 e. 7033 — Recreational vehicle parks and campsites.

AB867,4,2222 f. 7922 — Theatrical producers and miscellaneous theatrical services.

AB867,4,2423 g. 7929 — Bands, orchestras, actors, and other entertainers and entertainment
24groups.

AB867,4,2525 h. 7948 — Racing, including track operation.

AB867,5,1

---

1i. 7992 — Public golf courses.

AB867,5,22 j. 7996 — Amusement parks.

AB867,5,33 k. 7997 — Membership sports and recreation clubs.

AB867,5,44 L. 7999 — Amusement and recreational services, not elsewhere classified.

AB867,5,95 (b) Filing claims. Subject to the limitations provided in this subsection, a
6claimant may claim as a credit against the tax imposed under s. 71.23, up to the
7amount of the tax, an amount equal to 10 percent of the amount the claimant spent
8in the taxable year on advertising outside of this state to promote the claimant's
9hospitality business.

AB867,5,1710 (c) Limitations. Partnerships, limited liability companies, and tax-option
11corporations may not claim the credit under this subsection, but the eligibility for,
12and the amount of, the credit are based on their payment of amounts under par. (b).
13A partnership, limited liability company, or tax-option corporation shall compute
14the amount of credit that each of its partners, members, or shareholders may claim
15and shall provide that information to each of them. Partners, members of limited
16liability companies, and shareholders of tax-option corporations may claim the
17credit in proportion to their ownership interests.

AB867,5,1918 (d) Administration. Subsection (4) (e) to (h), as it applies to the credit under
19sub. (4), applies to the credit under this subsection.

AB867,5,2121 71.30 (3) (cd) Hospitality business advertising credit under s. 71.28 (5n).

AB867,6,224 71.34 (1k) (g) An addition shall be made for credits computed by a tax-option
25corporation under s. 71.28 (1dd), (1de), (1di), (1dj), (1dL), (1dm), (1ds), (1dx), (1dy),

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1(3), (3g), (3h), (3n), (3p), (3q), (3r), (3t), (3w), (5e), (5f), (5g), (5h), (5i), (5j), (5k), (5n),
2and (8r) and passed through to shareholders.

AB867,6,115 71.45 (2) (a) 10. By adding to federal taxable income the amount of credit
6computed under s. 71.47 (1dd) to (1dy), (3g), (3h), (3n), (3p), (3q), (3r), (3w), (5e), (5f),
7(5g), (5h), (5i), (5j), (5k), (5n), and (8r) and not passed through by a partnership,
8limited liability company, or tax-option corporation that has added that amount to
9the partnership's, limited liability company's, or tax-option corporation's income
10under s. 71.21 (4) or 71.34 (1k) (g) and the amount of credit computed under s. 71.47
11(1), (3), (3t), (4), (4m), and (5).

AB867,6,1413 71.47 (5n) Hospitality business advertising credit. (a) Definitions. In this
14subsection:

AB867,6,1515 1. "Claimant" means a person who files a claim under this subsection.

AB867,6,1916 2. "Hospitality business" means a hospitality business located in this state,
17including a business that is classified in the standard industrial classification
18manual, 1987 edition, published by the U.S. office of management and budget, under
19any of the following industry numbers:

AB867,6,2020 a. 5812 — Eating places.

AB867,6,2121 b. 5813 — Drinking places.

AB867,6,2222 c. 7011 — Hotels and motels.

AB867,6,2323 d. 7032 — Sporting and recreational camps.

AB867,6,2424 e. 7033 — Recreational vehicle parks and campsites.

AB867,6,2525 f. 7922 — Theatrical producers and miscellaneous theatrical services.

AB867,7,2

---

1g. 7929 — Bands, orchestras, actors, and other entertainers and entertainment
2groups.

AB867,7,33 h. 7948 — Racing, including track operation.

AB867,7,44 i. 7992 — Public golf courses.

AB867,7,55 j. 7996 — Amusement parks.

AB867,7,66 k. 7997 — Membership sports and recreation clubs.

AB867,7,77 L. 7999 — Amusement and recreational services, not elsewhere classified.

AB867,7,128 (b) Filing claims. Subject to the limitations provided in this subsection, a
9claimant may claim as a credit against the tax imposed under s. 71.43, up to the
10amount of the tax, an amount equal to 10 percent of the amount the claimant spent
11in the taxable year on advertising outside of this state to promote the claimant's
12hospitality business.

AB867,7,2013 (c) Limitations. Partnerships, limited liability companies, and tax-option
14corporations may not claim the credit under this subsection, but the eligibility for,
15and the amount of, the credit are based on their payment of amounts under par. (b).
16A partnership, limited liability company, or tax-option corporation shall compute
17the amount of credit that each of its partners, members, or shareholders may claim
18and shall provide that information to each of them. Partners, members of limited
19liability companies, and shareholders of tax-option corporations may claim the
20credit in proportion to their ownership interests.

AB867,7,2221 (d) Administration. Section 71.28 (4) (e) to (h), as it applies to the credit under
22s. 71.28 (4), applies to the credit under this subsection.

AB867,7,2424 71.49 (1) (cd) Hospitality business advertising credit under s. 71.47 (5n).

AB867,8,183 77.92 (4) "Net business income," with respect to a partnership, means taxable
4income as calculated under section 703 of the Internal Revenue Code; plus the items
5of income and gain under section 702 of the Internal Revenue Code, including taxable
6state and municipal bond interest and excluding nontaxable interest income or
7dividend income from federal government obligations; minus the items of loss and
8deduction under section 702 of the Internal Revenue Code, except items that are not
9deductible under s. 71.21; plus guaranteed payments to partners under section 707
10(c) of the Internal Revenue Code; plus the credits claimed under s. 71.07 (2dd), (2de),
11(2di), (2dj), (2dL), (2dm), (2dr), (2ds), (2dx), (2dy), (3g), (3h), (3n), (3p), (3q), (3r), (3s),
12(3t), (3w), (5e), (5f), (5g), (5h), (5i), (5j), (5k), (5n), and (8r); and plus or minus, as
13appropriate, transitional adjustments, depreciation differences, and basis
14differences under s. 71.05 (13), (15), (16), (17), and (19); but excluding income, gain,
15loss, and deductions from farming. "Net business income," with respect to a natural
16person, estate, or trust, means profit from a trade or business for federal income tax
17purposes and includes net income derived as an employee as defined in section 3121
18(d) (3) of the Internal Revenue Code.