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LRBa1420/1
JK&EKL:amn&cdc
2019 - 2020 LEGISLATURE
SENATE AMENDMENT 1,
TO ASSEMBLY BILL 873
March 13, 2020 - Offered by Senator Jacque.
AB873-SA1,1,21 At the locations indicated, amend the bill, as shown by assembly substitute
2amendment 1, as follows:
AB873-SA1,1,4 31. Page 1, line 7: after “improvements" insert “and modifying the medical care
4insurance subtraction for self-employed individuals".
AB873-SA1,1,5 52. Page 2, line 16: after that line insert:
AB873-SA1,1,6 6 Section 2d. 71.05 (6) (b) 19. c. of the statutes is amended to read:
AB873-SA1,1,127 71.05 (6) (b) 19. c. For taxable years beginning before January 1, 2020, for a
8person who is a nonresident or a part-year resident of this state, modify the amount
9calculated under subd. 19. b. by multiplying the amount by a fraction the numerator
10of which is the person's net earnings from a trade or business that are taxable by this
11state and the denominator of which is the person's total net earnings from a trade
12or business.
AB873-SA1,2f 13Section 2f. 71.05 (6) (b) 19. cm. of the statutes is created to read:
AB873-SA1,2,13
171.05 (6) (b) 19. cm. For taxable years beginning after December 31, 2019, for
2a person who is a nonresident or a part-year resident of this state, modify the amount
3calculated under subd. 19. b. by multiplying the amount by a fraction the numerator
4of which is the person's wages, salary, tips, unearned income, and net earnings from
5a trade or business that are taxable by this state and the denominator of which is the
6person's total wages, salary, tips, unearned income, and net earnings from a trade
7or business. In this subd. 19. cm., for married persons filing separately “ wages,
8salary, tips, unearned income, and net earnings from a trade or business" means the
9separate wages, salary, tips, unearned income, and net earnings from a trade or
10business of each spouse, and for married persons filing jointly “wages, salary, tips,
11unearned income, and net earnings from a trade or business" means the total wages,
12salary, tips, unearned income, and net earnings from a trade or business of both
13spouses.
AB873-SA1,2h 14Section 2h. 71.05 (6) (b) 19. d. of the statutes is amended to read:
AB873-SA1,2,1715 71.05 (6) (b) 19. d. Reduce For taxable years beginning before January 1, 2020,
16reduce
the amount calculated under subd. 19. b. or c. to the person's aggregate net
17earnings from a trade or business that are taxable by this state.
AB873-SA1,2m 18Section 2m. 71.05 (6) (b) 19. dm. of the statutes is created to read:
AB873-SA1,2,2219 71.05 (6) (b) 19. dm. For taxable years beginning after December 31, 2019,
20reduce the amount calculated under subd. 19. b. or cm. to the person's aggregate
21wages, salary, tips, unearned income, and net earnings from a trade or business that
22are taxable by this state.”.
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