No individual may make a designation described under 6
par. (b) 1. that relates to any taxable year beginning on or after January 1 of the year
1in which the secretary of revenue certifies under par. (h) 4. that the total net amount
2exceeds $400,000, 2021
(1) This act first applies to taxable years beginning on January 1 of the year 5
in which this subsection takes effect, except that if this subsection takes effect after 6
July 31, this act first applies to taxable years beginning on January 1 of the year 7
following the year in which this subsection takes effect.