AB489,3,65 71.07 (8d) Livestock identification tag credit. (a) Definitions. In this
6subsection, "claimant" means a person who files a claim under this subsection.
AB489,3,107 (b) Filing claims. Subject to the limitations provided in this subsection, for
8taxable years beginning after December 31, 2011, a claimant may claim as a credit
9against the taxes imposed under s. 71.02, up to the amount of the taxes, any of the
10following:
AB489,3,1411 1. Twenty-five percent of the amount that the claimant paid in the taxable year
12for radio frequency identification tags, and matching panel tags, or premises tags for
13the claimant's livestock located in this state, if the tags are obtained through a
14program administered by the Wisconsin livestock identification consortium.
AB489,3,1715 2. Twenty-five percent of the amount that the claimant paid in the taxable year
16for equipment that is used in this state to read radio frequency identification tags on
17livestock.
AB489,3,2518 (c) Limitations. Partnerships, limited liability companies, and tax-option
19corporations may not claim the credit under this subsection, but the eligibility for,
20and the amount of, the credit are based on their payment of amounts under par. (b).
21A partnership, limited liability company, or tax-option corporation shall compute
22the amount of credit that each of its partners, members, or shareholders may claim
23and shall provide that information to each of them. Partners, members of limited
24liability companies, and shareholders of tax-option corporations may claim the
25credit in proportion to their ownership interests.
AB489,4,2
1(d) Administration. Section 71.28 (4) (e) to (h), as it applies to the credit under
2s. 71.28 (4), applies to the credit under this subsection.
AB489, s. 5 3Section 5. 71.10 (4) (ed) of the statutes is created to read:
AB489,4,44 71.10 (4) (ed) Livestock identification tag credit under s. 71.07 (8d).
AB489, s. 6 5Section 6. 71.21 (4) of the statutes, as affected by 2011 Wisconsin Act 32, is
6amended to read:
AB489,4,107 71.21 (4) Credits computed by a partnership under s. 71.07 (2dd), (2de), (2di),
8(2dj), (2dL), (2dm), (2ds), (2dx), (2dy), (3g), (3h), (3n), (3p), (3q), (3r), (3rm), (3rn), (3s),
9(3t), (3w), (5e), (5f), (5g), (5h), (5i), (5j), (5k), (5n), (5r), (5rm), (8d), and (8r) and passed
10through to partners shall be added to the partnership's income.
AB489, s. 7 11Section 7. 71.26 (2) (a) 4. of the statutes, as affected by 2011 Wisconsin Act 32,
12is amended to read:
AB489,4,1913 71.26 (2) (a) 4. Plus the amount of the credit computed under s. 71.28 (1dd),
14(1de), (1di), (1dj), (1dL), (1dm), (1ds), (1dx), (1dy), (3g), (3h), (3n), (3p), (3q), (3r),
15(3rm), (3rn), (3t), (3w), (5e), (5f), (5g), (5h), (5i), (5j), (5k), (5n), (5r), (5rm), (8d), (8r),
16and (9s) and not passed through by a partnership, limited liability company, or
17tax-option corporation that has added that amount to the partnership's, limited
18liability company's, or tax-option corporation's income under s. 71.21 (4) or 71.34 (1k)
19(g).
AB489, s. 8 20Section 8. 71.28 (8d) of the statutes is created to read:
AB489,4,2221 71.28 (8d) Livestock identification tag credit. (a) Definitions. In this
22subsection, "claimant" means a person who files a claim under this subsection.
AB489,5,223 (b) Filing claims. Subject to the limitations provided in this subsection, for
24taxable years beginning after December 31, 2011, a claimant may claim as a credit

1against the taxes imposed under s. 71.23, up to the amount of the taxes, any of the
2following:
AB489,5,63 1. Twenty-five percent of the amount that the claimant paid in the taxable year
4for radio frequency identification tags, and matching panel tags, or premises tags for
5the claimant's livestock located in this state, if the tags are obtained through a
6program administered by the Wisconsin livestock identification consortium.
AB489,5,97 2. Twenty-five percent of the amount that the claimant paid in the taxable year
8for equipment that is used in this state to read radio frequency identification tags on
9livestock.
AB489,5,1710 (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.
AB489,5,1918 (d) Administration. Subsection (4) (e) to (h), as it applies to the credit under
19sub. (4), applies to the credit under this subsection.
AB489, s. 9 20Section 9. 71.30 (3) (bd) of the statutes is created to read:
AB489,5,2121 71.30 (3) (bd) Livestock identification tag credit under s. 71.28 (8d).
AB489, s. 10 22Section 10. 71.34 (1k) (g) of the statutes, as affected by 2011 Wisconsin Act 32,
23is amended to read:
AB489,6,224 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),

1(3), (3g), (3h), (3n), (3p), (3q), (3r), (3rm), (3rn), (3t), (3w), (5e), (5f), (5g), (5h), (5i), (5j),
2(5k), (5n), (5r), (5rm), (8d), and (8r) and passed through to shareholders.
AB489, s. 11 3Section 11. 71.45 (2) (a) 10. of the statutes, as affected by 2011 Wisconsin Act
432
, is amended to read:
AB489,6,115 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), (3rm), (3rn),
7(3w), (5e), (5f), (5g), (5h), (5i), (5j), (5k), (5n), (5r), (5rm), (8d), (8r), and (9s) and not
8passed through by a partnership, limited liability company, or tax-option
9corporation that has added that amount to the partnership's, limited liability
10company's, or tax-option corporation's income under s. 71.21 (4) or 71.34 (1k) (g) and
11the amount of credit computed under s. 71.47 (1), (3), (3t), (4), (4m), and (5).
AB489, s. 12 12Section 12. 71.47 (8d) of the statutes is created to read:
AB489,6,1413 71.47 (8d) Livestock identification tag credit. (a) Definitions. In this
14subsection, "claimant" means a person who files a claim under this subsection.
AB489,6,1815 (b) Filing claims. Subject to the limitations provided in this subsection, for
16taxable years beginning after December 31, 2011, a claimant may claim as a credit
17against the taxes imposed under s. 71.43, up to the amount of the taxes, any of the
18following:
AB489,6,2219 1. Twenty-five percent of the amount that the claimant paid in the taxable year
20for radio frequency identification tags, and matching panel tags, or premises tags for
21the claimant's livestock located in this state, if the tags are obtained through a
22program administered by the Wisconsin livestock identification consortium.
AB489,6,2523 2. Twenty-five percent of the amount that the claimant paid in the taxable year
24for equipment that is used in this state to read radio frequency identification tags on
25livestock.
AB489,7,8
1(c) Limitations. Partnerships, limited liability companies, and tax-option
2corporations may not claim the credit under this subsection, but the eligibility for,
3and the amount of, the credit are based on their payment of amounts under par. (b).
4A partnership, limited liability company, or tax-option corporation shall compute
5the amount of credit that each of its partners, members, or shareholders may claim
6and shall provide that information to each of them. Partners, members of limited
7liability companies, and shareholders of tax-option corporations may claim the
8credit in proportion to their ownership interests.
AB489,7,109 (d) Administration. Section 71.28 (4) (e) to (h), as it applies to the credit under
10s. 71.28 (4), applies to the credit under this subsection.
AB489, s. 13 11Section 13. 71.49 (1) (bd) of the statutes is created to read:
AB489,7,1212 71.49 (1) (bd) Livestock identification tag credit under s. 71.47 (8d).
AB489, s. 14 13Section 14. 77.92 (4) of the statutes, as affected by 2011 Wisconsin Act 32, is
14amended to read:
AB489,8,515 77.92 (4) "Net business income," with respect to a partnership, means taxable
16income as calculated under section 703 of the Internal Revenue Code; plus the items
17of income and gain under section 702 of the Internal Revenue Code, including taxable
18state and municipal bond interest and excluding nontaxable interest income or
19dividend income from federal government obligations; minus the items of loss and
20deduction under section 702 of the Internal Revenue Code, except items that are not
21deductible under s. 71.21; plus guaranteed payments to partners under section 707
22(c) of the Internal Revenue Code; plus the credits claimed under s. 71.07 (2dd), (2de),
23(2di), (2dj), (2dL), (2dm), (2dr), (2ds), (2dx), (2dy), (3g), (3h), (3n), (3p), (3q), (3r),
24(3rm), (3rn), (3s), (3t), (3w), (5e), (5f), (5g), (5h), (5i), (5j), (5k), (5n), (5r), (5rm), (8d),
25and (8r); and plus or minus, as appropriate, transitional adjustments, depreciation

1differences, and basis differences under s. 71.05 (13), (15), (16), (17), and (19); but
2excluding income, gain, loss, and deductions from farming. "Net business income,"
3with respect to a natural person, estate, or trust, means profit from a trade or
4business for federal income tax purposes and includes net income derived as an
5employee as defined in section 3121 (d) (3) of the Internal Revenue Code.
AB489, s. 15 6Section 15. 95.51 (9) of the statutes is created to read:
AB489,8,127 95.51 (9) Matching grant. If the department contracts with an agent under
8sub. (8), the department shall provide funding in each fiscal year to the agent from
9the appropriation under s. 20.115 (2) (e) for administering the registration program
10under this section. The department shall provide funding in an amount equal to the
11amount of funds raised by the agent from private sources to administer the program
12for that fiscal year, up to the amount appropriated under s. 20.115 (2) (e).
AB489,8,1313 (End)
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