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SB818-SSA1,16 12Section 16 . 71.49 (1) (f) of the statutes, as affected by 2019 Wisconsin Act 54
13and 2019 Wisconsin Act .... (this act), is repealed and recreated to read:
SB818-SSA1,7,1814 71.49 (1) (f) The total of farmland preservation credit and farm buildings credit
15under subch. IX, farmland tax relief credit under s. 71.47 (2m), jobs credit under s.
1671.47 (3q), enterprise zone jobs credit under s. 71.47 (3w), business development
17credit under s. 71.47 (3y), research credit under s. 71.47 (4) (k) 1., and estimated tax
18payments under s. 71.48.
SB818-SSA1,17 19Section 17 . 71.58 (intro.) of the statutes is amended to read:
SB818-SSA1,7,21 2071.58 Definitions. (intro.) In Except as provided in s. 71.595, in ss. 71.57 to
2171.61:
SB818-SSA1,18 22Section 18 . 71.59 (1) (a) of the statutes is amended to read:
SB818-SSA1,8,623 71.59 (1) (a) Subject to the limitations provided in ss. 71.57 to 71.61 and s. 71.80
24(3) and (3m), and except as provided in s. 71.595, a claimant may claim as a credit
25against Wisconsin income or franchise taxes otherwise due, the amount derived

1under s. 71.60. If the allowable amount of claim exceeds the income or franchise
2taxes otherwise due on or measured by the claimant's income or if there are no
3Wisconsin income or franchise taxes due on or measured by the claimant's income,
4the amount of the claim not used as an offset against income or franchise taxes shall
5be certified to the department of administration for payment to the claimant by
6check, share draft or other draft drawn on the general fund.
SB818-SSA1,19 7Section 19. 71.59 (1) (b) (intro.) of the statutes is amended to read:
SB818-SSA1,8,108 71.59 (1) (b) (intro.) Every claimant under ss. 71.57 to 71.61, not including a
9claimant under s. 71.595,
shall supply, at the request of the department, in support
10of the claim, all of the following:
SB818-SSA1,20 11Section 20. 71.59 (2) (intro.) of the statutes is amended to read:
SB818-SSA1,8,1312 71.59 (2) Ineligible claims. (intro.) No Except for a credit under s. 71.595, no
13credit shall be allowed under ss. 71.57 to 71.61:
SB818-SSA1,21 14Section 21 . 71.595 of the statutes is created to read:
SB818-SSA1,8,15 1571.595 Farm buildings credit. (1) Definitions. In this section:
SB818-SSA1,8,1616 (a) “Claimant” means a person who files a claim under this section.
SB818-SSA1,8,1917 (b) “Residential property” means property that is assessed as residential
18property under s. 70.32 (2) (a) 1. or a residence that is assessed as other under s. 70.32
19(2) (a) 7.
SB818-SSA1,8,2120 (c) “Used exclusively” means used to the exclusion of all other uses except for
21use not exceeding 5 percent of total use.
SB818-SSA1,9,3 22(2) Filing claims. Subject to the limitations provided in this section, for taxable
23years beginning after December 31, 2019, and before January 1, 2023, a claimant
24may claim as a credit against the taxes imposed under s. 71.02, 71.23, or 71.43 an
25amount equal to the assessed value that is associated with the most recent property

1tax bill of the claimant's buildings and improvements assessed as other under s.
270.32 (2) (a) 7., not including residential property, that are used exclusively for
3farming, multiplied by 0.01187.
SB818-SSA1,9,11 4(3) Limitations. (a) Partnerships, limited liability companies, and tax-option
5corporations may not claim the credit under this section, but the eligibility for, and
6the amount of, the credit are based on the determination described under sub. (2).
7A partnership, limited liability company, or tax-option corporation shall compute
8the amount of credit that each of its partners, members, or shareholders may claim
9and shall provide that information to each of them. Partners, members of limited
10liability companies, and shareholders of tax-option corporations may claim the
11credit in proportion to their ownership interests.
SB818-SSA1,9,1412 (b) No credit may be allowed under this section if the claimant or the claimant's
13spouse files a claim under s. 71.07 (6e) or (9) or subch. VIII that relates to the same
14taxable year for which a claim is made under this section.
SB818-SSA1,9,1615 (c) The maximum amount of the credit that a claimant may claim under this
16section in a taxable year is $7,500 for an individual or a married couple filing jointly.
SB818-SSA1,9,2317 (d) No claimant may claim a credit under this section unless the claimant is a
18farmer and files a schedule F for the taxable year for which the claimant claims the
19credit or is an entity actively engaged in farming under 7 CFR 1400.201 for that
20taxable year. No claimant may claim a credit under this section unless the claimant's
21annual gross income from farming for the year in which the claim relates is not less
22than $35,000. For purposes of this paragraph, “gross income” has the meaning given
23in s. 71.03 (1).
SB818-SSA1,9,25 24(4) Administration. (a) Section 71.28 (4) (g) and (h), as it applies to the credit
25under s. 71.28 (4), applies to the credit under this section.
SB818-SSA1,10,4
1(b) If the allowable amount of the claim under this section exceeds the taxes
2otherwise due on the claimant's income under s. 71.02, 71.23, or 71.43, the amount
3of the claim that is not used to offset those taxes shall be certified by the department
4of revenue to the department of administration for payment as a refund.
SB818-SSA1,22 5Section 22. 71.60 (1) (intro.) of the statutes is amended to read:
SB818-SSA1,10,86 71.60 (1) (intro.) Except as provided in sub. (2) and s. 71.595, the amount of any
7claim filed in calendar years based upon property taxes accrued in the preceding
8calendar year shall be determined as follows:
SB818-SSA1,23 9Section 23. 71.60 (2) of the statutes is amended to read:
SB818-SSA1,10,1410 71.60 (2) If the farmland is subject to a certified ordinance under subch. V of
11ch. 91, 2007 stats., or an agreement under subch. II of ch. 91, 2007 stats., in effect
12at the close of the year for which the credit is claimed, the amount of the claim, not
13including a claim under s. 71.595,
is 10 percent of the property taxes accrued or the
14amount determined under sub. (1), whichever is greater.
SB818-SSA1,24 15Section 24. 71.61 (7) of the statutes is created to read:
SB818-SSA1,10,1716 71.61 (7) Nonapplicability. This section does not apply to claims under s.
1771.595.
SB818-SSA1,25 18Section 25 . Nonstatutory provisions.
SB818-SSA1,11,319 (1) Farm buildings credit. A person who is eligible to claim the farm buildings
20credit under s. 71.595, may claim the credit by filing a claim online, as prescribed by
21the department of revenue, rather than filing a return in order to claim and receive
22the credit. This subsection does not relieve the claimant's obligation to otherwise file
23a return for that taxable year. The claimant shall calculate the credit based on the
24assessed value as of January 1, 2019, of the claimant's buildings and improvements
25assessed as other under s. 70.32 (2) (a) 7., not including residential property, that are

1used exclusively for farming. The department shall process claims submitted under
2this subsection as expeditiously as possible and certify the claims for payment as
3provided under s. 71.595 (4) (b).
SB818-SSA1,26 4Section 26 . Effective dates. This act takes effect on the day after publication,
5except as follows:
SB818-SSA1,11,86 (1) The repeal and recreation of ss. 71.05 (6) (a) 15., 71.10 (4) (i), 71.21 (4) (a),
771.26 (2) (a) 4., 71.30 (3) (f), 71.34 (1k) (g), 71.45 (2) (a) 10., and 71.49 (1) (f) takes effect
8on July 1, 2020.
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