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Please see http://docs.legis.wisconsin.gov for the production version.

Please see http://docs.legis.wisconsin.gov for the production version.

AB754-ASA1,19,106
71.22 (4) (L) 1. For taxable years beginning after December 31, 2017, and

7before January 1, 2020, “Internal Revenue Code" means the federal Internal

8Revenue Code as amended to December 31, 2017, except as provided in subds. 2. and

93. and subject to subd. 4., and except as provided in sub. (4m) and ss. 71.26 (2) (b) and

10(3), 71.34 (1g), 71.42 (2), and 71.98.

7before January 1, 2020, “Internal Revenue Code" means the federal Internal

8Revenue Code as amended to December 31, 2017, except as provided in subds. 2. and

93. and subject to subd. 4., and except as provided in sub. (4m) and ss. 71.26 (2) (b) and

10(3), 71.34 (1g), 71.42 (2), and 71.98.

AB754-ASA1,19,1812
71.22 (4) (L) 3. For purposes of this paragraph, “Internal Revenue Code" does

13not include amendments to the federal Internal Revenue Code enacted after

14December 31, 2017, except that “Internal Revenue Code” includes sections 40307

15and 40413 of P.L. 115-123; section 1203 of P.L. 116-25; section 102 of division M,

16sections 108, 110, 111, 115, 116 (a) and (b), 204, 206, 302, and 601 of division O, section

171302 of division P, and sections 131, 202 (d), 204 (c), 205, and 301 of division Q of P.L.

18116-94, and section 2 (b) of P.L. 116-98.

13not include amendments to the federal Internal Revenue Code enacted after

14December 31, 2017, except that “Internal Revenue Code” includes sections 40307

15and 40413 of P.L. 115-123; section 1203 of P.L. 116-25; section 102 of division M,

16sections 108, 110, 111, 115, 116 (a) and (b), 204, 206, 302, and 601 of division O, section

171302 of division P, and sections 131, 202 (d), 204 (c), 205, and 301 of division Q of P.L.

18116-94, and section 2 (b) of P.L. 116-98.

AB754-ASA1,19,2520
71.22 (4) (L) 4. For purposes of this paragraph, the provisions of federal public

21laws that directly or indirectly affect the Internal Revenue Code, as defined in this

22paragraph, apply for Wisconsin purposes at the same time as for federal purposes,

23except that changes made by P.L. 115-63 and sections 11026, 11027, 11028, 13207,

2413306, 13307, 13308, 13311, 13312, 13501, 13705, 13821, and 13823 of P.L. 115-97

25first apply for taxable years beginning after December 31, 2017.

21laws that directly or indirectly affect the Internal Revenue Code, as defined in this

22paragraph, apply for Wisconsin purposes at the same time as for federal purposes,

23except that changes made by P.L. 115-63 and sections 11026, 11027, 11028, 13207,

2413306, 13307, 13308, 13311, 13312, 13501, 13705, 13821, and 13823 of P.L. 115-97

25first apply for taxable years beginning after December 31, 2017.

AB754-ASA1,20,52
71.22 (4) (m) 1. For taxable years beginning after December 31, 2019, “Internal

3Revenue Code" means the federal Internal Revenue Code as amended to December

431, 2019, except as provided in subds. 2. and 3. and subject to subd. 4., and except

5as provided in sub. (4m) and ss. 71.26 (2) (b) and (3), 71.34 (1g), 71.42 (2), and 71.98.

3Revenue Code" means the federal Internal Revenue Code as amended to December

431, 2019, except as provided in subds. 2. and 3. and subject to subd. 4., and except

5as provided in sub. (4m) and ss. 71.26 (2) (b) and (3), 71.34 (1g), 71.42 (2), and 71.98.

AB754-ASA1,21,36
2. For purposes of this paragraph, “Internal Revenue Code" does not include

7the following provisions of federal public laws for taxable years beginning after

8December 31, 2019: section 13113 of P.L. 103-66; sections 1, 3, 4, and 5 of P.L.

9106-519; sections 101, 102, and 422 of P.L. 108-357; sections 1310 and 1351 of P.L.

10109-58; section 11146 of P.L. 109-59; section 403 (q) of P.L. 109-135; section 513 of

11P.L. 109-222; sections 104 and 307 of P.L. 109-432; sections 8233 and 8235 of P.L.

12110-28; section 11 (e) and (g) of P.L. 110-172; section 301 of P.L. 110-245; section

1315351 of P.L. 110-246; section 302 of division A, section 401 of division B, and sections

14312, 322, 502 (c), 707, and 801 of division C of P.L. 110-343; sections 1232, 1241, 1251,

151501, and 1502 of division B of P.L. 111-5; sections 211, 212, 213, 214, and 216 of P.L.

16111-226; sections 2011 and 2122 of P.L. 111-240; sections 753, 754, and 760 of P.L.

17111-312; section 1106 of P.L. 112-95; sections 104, 318, 322, 323, 324, 326, 327, and

18411 of P.L. 112-240; P.L. 114-7; section 1101 of P.L. 114-74; section 305 of division

19P of P.L. 114-113; sections 123, 125 to 128, 143, 144, 151 to 153, 165 to 167, 169 to

20171, 189, 191, 307, 326, and 411 of division Q of P.L. 114-113; sections 11011, 11012,

2113201 (a) to (e) and (g), 13206, 13221, 13301, 13304 (a), (b), and (d), 13531, 13601,

2213801, 14101, 14102, 14103, 14201, 14202, 14211, 14212, 14213, 14214, 14215,

2314221, 14222, 14301, 14302, 14304, and 14401 of P.L. 115-97; sections 40304, 40305,

2440306, and 40412 of P.L. 115-123; section 101 (c) of division T of P.L. 115-141;

25sections 101 (d) and (e), 102, 201 to 207, 301, 302, and 401 (a) (47) and (195), (b) (13),

1(17), (22) and (30), and (d) (1) (D) (v), (vi), and (xiii) and (xvii) (II) of division U of P.L.

2115-141; and section 301 of division O and sections 101, 102, 103, 104, 114, 115, 116,

3117, 118, 130, 132, and 145 of division Q of P.L. 116-94.

7the following provisions of federal public laws for taxable years beginning after

8December 31, 2019: section 13113 of P.L. 103-66; sections 1, 3, 4, and 5 of P.L.

9106-519; sections 101, 102, and 422 of P.L. 108-357; sections 1310 and 1351 of P.L.

10109-58; section 11146 of P.L. 109-59; section 403 (q) of P.L. 109-135; section 513 of

11P.L. 109-222; sections 104 and 307 of P.L. 109-432; sections 8233 and 8235 of P.L.

12110-28; section 11 (e) and (g) of P.L. 110-172; section 301 of P.L. 110-245; section

1315351 of P.L. 110-246; section 302 of division A, section 401 of division B, and sections

14312, 322, 502 (c), 707, and 801 of division C of P.L. 110-343; sections 1232, 1241, 1251,

151501, and 1502 of division B of P.L. 111-5; sections 211, 212, 213, 214, and 216 of P.L.

16111-226; sections 2011 and 2122 of P.L. 111-240; sections 753, 754, and 760 of P.L.

17111-312; section 1106 of P.L. 112-95; sections 104, 318, 322, 323, 324, 326, 327, and

18411 of P.L. 112-240; P.L. 114-7; section 1101 of P.L. 114-74; section 305 of division

19P of P.L. 114-113; sections 123, 125 to 128, 143, 144, 151 to 153, 165 to 167, 169 to

20171, 189, 191, 307, 326, and 411 of division Q of P.L. 114-113; sections 11011, 11012,

2113201 (a) to (e) and (g), 13206, 13221, 13301, 13304 (a), (b), and (d), 13531, 13601,

2213801, 14101, 14102, 14103, 14201, 14202, 14211, 14212, 14213, 14214, 14215,

2314221, 14222, 14301, 14302, 14304, and 14401 of P.L. 115-97; sections 40304, 40305,

2440306, and 40412 of P.L. 115-123; section 101 (c) of division T of P.L. 115-141;

25sections 101 (d) and (e), 102, 201 to 207, 301, 302, and 401 (a) (47) and (195), (b) (13),

1(17), (22) and (30), and (d) (1) (D) (v), (vi), and (xiii) and (xvii) (II) of division U of P.L.

2115-141; and section 301 of division O and sections 101, 102, 103, 104, 114, 115, 116,

3117, 118, 130, 132, and 145 of division Q of P.L. 116-94.

AB754-ASA1,21,54
3. For purposes of this paragraph, “Internal Revenue Code" does not include

5amendments to the federal Internal Revenue Code enacted after December 31, 2019.

5amendments to the federal Internal Revenue Code enacted after December 31, 2019.

AB754-ASA1,21,136
4. For purposes of this paragraph, the provisions of federal public laws that

7directly or indirectly affect the Internal Revenue Code, as defined in this paragraph,

8apply for Wisconsin purposes at the same time as for federal purposes, except that

9changes made by section 13516 of P.L. 115-97, sections 20101, 20102, 20104, 20201,

1040201, 40202, 40203, 40308, 40309, 40311, 40414, 41101, 41107, 41115, and 41116

11of P.L. 115-123, section 101 (a), (b), and (h) of division U of P.L. 115-141, section 1122

12of P.L. 116-92, sections 201, 202, and 204 (a) and (b) of division Q of P.L. 116-94, and

13section 2 of P.L. 116-98 apply for taxable years beginning after December 31, 2019.

7directly or indirectly affect the Internal Revenue Code, as defined in this paragraph,

8apply for Wisconsin purposes at the same time as for federal purposes, except that

9changes made by section 13516 of P.L. 115-97, sections 20101, 20102, 20104, 20201,

1040201, 40202, 40203, 40308, 40309, 40311, 40414, 41101, 41107, 41115, and 41116

11of P.L. 115-123, section 101 (a), (b), and (h) of division U of P.L. 115-141, section 1122

12of P.L. 116-92, sections 201, 202, and 204 (a) and (b) of division Q of P.L. 116-94, and

13section 2 of P.L. 116-98 apply for taxable years beginning after December 31, 2019.

AB754-ASA1,44
14Section 44
. 71.22 (4m) (c), (d), (e), (f), (g), (h) and (i) of the statutes are repealed.

AB754-ASA1,21,1716
71.22 (4m) (j) 3. m. Sections 101 (m), (n), (o), (p), and (q) and 104 (a) of division

17U of P.L. 115-141.

17U of P.L. 115-141.

AB754-ASA1,21,2019
71.22 (4m) (j) 3. n. Section 102 of division M and sections 110, 111, and 116 (b)

20of division O of P.L. 116-94.

20of division O of P.L. 116-94.

AB754-ASA1,22,222
71.22 (4m) (k) 3. For purposes of this paragraph, “Internal Revenue Code" does

23not include amendments to the federal Internal Revenue Code enacted after

24December 31, 2016, except that “Internal Revenue Code” includes sections 11024,

2511025, and 13543 of P.L. 115-97, sections 40307 and 40413 of P.L. 115-123, and

1section 102 of division M and sections 110, 111, and 116 (b) of division O of P.L.

2116-94.

23not include amendments to the federal Internal Revenue Code enacted after

24December 31, 2016, except that “Internal Revenue Code” includes sections 11024,

2511025, and 13543 of P.L. 115-97, sections 40307 and 40413 of P.L. 115-123, and

1section 102 of division M and sections 110, 111, and 116 (b) of division O of P.L.

2116-94.

AB754-ASA1,22,84
71.22 (4m) (L) 1. For taxable years beginning after December 31, 2017, and

5before January 1, 2020, “Internal Revenue Code", for corporations that are subject

6to a tax on unrelated business income under s. 71.26 (1) (a), means the federal

7Internal Revenue Code as amended to December 31, 2017, except as provided in

8subds. 2. and 3. and s. 71.98 and subject to subd. 4.

5before January 1, 2020, “Internal Revenue Code", for corporations that are subject

6to a tax on unrelated business income under s. 71.26 (1) (a), means the federal

7Internal Revenue Code as amended to December 31, 2017, except as provided in

8subds. 2. and 3. and s. 71.98 and subject to subd. 4.

AB754-ASA1,22,1610
71.22 (4m) (L) 3. For purposes of this paragraph, “Internal Revenue Code" does

11not include amendments to the federal Internal Revenue Code enacted after

12December 31, 2017, except that “Internal Revenue Code” includes sections 40307

13and 40413 of P.L. 115-123; section 1203 of P.L. 116-25; section 102 of division M,

14sections 108, 110, 111, 115, 116 (a) and (b), 204, 206, 302, and 601 of division O, section

151302 of division P, and sections 131, 202 (d), 204 (c), 205, and 301 of division Q of P.L.

16116-94, and section 2 (b) of P.L. 116-98.

11not include amendments to the federal Internal Revenue Code enacted after

12December 31, 2017, except that “Internal Revenue Code” includes sections 40307

13and 40413 of P.L. 115-123; section 1203 of P.L. 116-25; section 102 of division M,

14sections 108, 110, 111, 115, 116 (a) and (b), 204, 206, 302, and 601 of division O, section

151302 of division P, and sections 131, 202 (d), 204 (c), 205, and 301 of division Q of P.L.

16116-94, and section 2 (b) of P.L. 116-98.

AB754-ASA1,22,2318
71.22 (4m) (L) 4. For purposes of this paragraph, the provisions of federal

19public laws that directly or indirectly affect the Internal Revenue Code, as defined

20in this paragraph, apply for Wisconsin purposes at the same time as for federal

21purposes, except that changes made by P.L. 115-63 and sections 11026, 11027, 11028,

2213207, 13306, 13307, 13308, 13311, 13312, 13501, 13705, 13821, and 13823 of P.L.

23115-97 first apply for taxable years beginning after December 31, 2017.

19public laws that directly or indirectly affect the Internal Revenue Code, as defined

20in this paragraph, apply for Wisconsin purposes at the same time as for federal

21purposes, except that changes made by P.L. 115-63 and sections 11026, 11027, 11028,

2213207, 13306, 13307, 13308, 13311, 13312, 13501, 13705, 13821, and 13823 of P.L.

23115-97 first apply for taxable years beginning after December 31, 2017.

AB754-ASA1,23,5

171.22 (4m) (m) 1. For taxable years beginning after December 31, 2019,

2“Internal Revenue Code," for corporations that are subject to a tax on unrelated

3business income under s. 71.26 (1) (a), means the federal Internal Revenue Code as

4amended to December 31, 2018, except as provided in subds. 2. and 3. and s. 71.98

5and subject to subd. 4.

171.22 (4m) (m) 1. For taxable years beginning after December 31, 2019,

2“Internal Revenue Code," for corporations that are subject to a tax on unrelated

3business income under s. 71.26 (1) (a), means the federal Internal Revenue Code as

4amended to December 31, 2018, except as provided in subds. 2. and 3. and s. 71.98

5and subject to subd. 4.

AB754-ASA1,24,36
2. For purposes of this paragraph, “Internal Revenue Code" does not include

7the following provisions of federal public laws for taxable years beginning after

8December 31, 2019: section 13113 of P.L. 103-66; sections 1, 3, 4, and 5 of P.L.

9106-519; sections 101, 102, and 422 of P.L. 108-357; sections 1310 and 1351 of P.L.

10109-58; section 11146 of P.L. 109-59; section 403 (q) of P.L. 109-135; section 513 of

11P.L. 109-222; sections 104 and 307 of P.L. 109-432; sections 8233 and 8235 of P.L.

12110-28; section 11 (e) and (g) of P.L. 110-172; section 301 of P.L. 110-245; section

1315351 of P.L. 110-246; section 302 of division A, section 401 of division B, and sections

14312, 322, 502 (c), 707, and 801 of division C of P.L. 110-343; sections 1232, 1241, 1251,

151501, and 1502 of division B of P.L. 111-5; sections 211, 212, 213, 214, and 216 of P.L.

16111-226; sections 2011 and 2122 of P.L. 111-240; sections 753, 754, and 760 of P.L.

17111-312; section 1106 of P.L. 112-95; sections 104, 318, 322, 323, 324, 326, 327, and

18411 of P.L. 112-240; P.L. 114-7; section 1101 of P.L. 114-74; section 305 of division

19P of P.L. 114-113; sections 123, 125 to 128, 143, 144, 151 to 153, 165 to 167, 169 to

20171, 189, 191, 307, 326, and 411 of division Q of P.L. 114-113; sections 11011, 11012,

2113201 (a) to (e) and (g), 13206, 13221, 13301, 13304 (a), (b), and (d), 13531, 13601,

2213801, 14101, 14102, 14103, 14201, 14202, 14211, 14212, 14213, 14214, 14215,

2314221, 14222, 14301, 14302, 14304, and 14401 of P.L. 115-97; sections 40304, 40305,

2440306, and 40412 of P.L. 115-123; section 101 (c) of division T of P.L. 115-141;

25sections 101 (d) and (e), 102, 201 to 207, 301, 302, and 401 (a) (47) and (195), (b) (13),

1(17), (22) and (30), and (d) (1) (D) (v), (vi), and (xiii) and (xvii) (II) of division U of P.L.

2115-141; and section 301 of division O and sections 101, 102, 103, 104, 114, 115, 116,

3117, 118, 130, 132, and 145 of division Q of P.L. 116-94.

7the following provisions of federal public laws for taxable years beginning after

8December 31, 2019: section 13113 of P.L. 103-66; sections 1, 3, 4, and 5 of P.L.

9106-519; sections 101, 102, and 422 of P.L. 108-357; sections 1310 and 1351 of P.L.

10109-58; section 11146 of P.L. 109-59; section 403 (q) of P.L. 109-135; section 513 of

11P.L. 109-222; sections 104 and 307 of P.L. 109-432; sections 8233 and 8235 of P.L.

12110-28; section 11 (e) and (g) of P.L. 110-172; section 301 of P.L. 110-245; section

1315351 of P.L. 110-246; section 302 of division A, section 401 of division B, and sections

14312, 322, 502 (c), 707, and 801 of division C of P.L. 110-343; sections 1232, 1241, 1251,

151501, and 1502 of division B of P.L. 111-5; sections 211, 212, 213, 214, and 216 of P.L.

16111-226; sections 2011 and 2122 of P.L. 111-240; sections 753, 754, and 760 of P.L.

17111-312; section 1106 of P.L. 112-95; sections 104, 318, 322, 323, 324, 326, 327, and

18411 of P.L. 112-240; P.L. 114-7; section 1101 of P.L. 114-74; section 305 of division

19P of P.L. 114-113; sections 123, 125 to 128, 143, 144, 151 to 153, 165 to 167, 169 to

20171, 189, 191, 307, 326, and 411 of division Q of P.L. 114-113; sections 11011, 11012,

2113201 (a) to (e) and (g), 13206, 13221, 13301, 13304 (a), (b), and (d), 13531, 13601,

2213801, 14101, 14102, 14103, 14201, 14202, 14211, 14212, 14213, 14214, 14215,

2314221, 14222, 14301, 14302, 14304, and 14401 of P.L. 115-97; sections 40304, 40305,

2440306, and 40412 of P.L. 115-123; section 101 (c) of division T of P.L. 115-141;

25sections 101 (d) and (e), 102, 201 to 207, 301, 302, and 401 (a) (47) and (195), (b) (13),

1(17), (22) and (30), and (d) (1) (D) (v), (vi), and (xiii) and (xvii) (II) of division U of P.L.

2115-141; and section 301 of division O and sections 101, 102, 103, 104, 114, 115, 116,

3117, 118, 130, 132, and 145 of division Q of P.L. 116-94.

AB754-ASA1,24,54
3. For purposes of this paragraph, “Internal Revenue Code" does not include

5amendments to the federal Internal Revenue Code enacted after December 31, 2019.

5amendments to the federal Internal Revenue Code enacted after December 31, 2019.

AB754-ASA1,24,136
4. For purposes of this paragraph, the provisions of federal public laws that

7directly or indirectly affect the Internal Revenue Code, as defined in this paragraph,

8apply for Wisconsin purposes at the same time as for federal purposes, except that

9changes made by section 13516 of P.L. 115-97, sections 20101, 20102, 20104, 20201,

1040201, 40202, 40203, 40308, 40309, 40311, 40414, 41101, 41107, 41115, and 41116

11of P.L. 115-123, section 101 (a), (b), and (h) of division U of P.L. 115-141, section 1122

12of P.L. 116-92, sections 201, 202, and 204 (a) and (b) of division Q of P.L. 116-94, and

13section 2 of P.L. 116-98 apply for taxable years beginning after December 31, 2019.

7directly or indirectly affect the Internal Revenue Code, as defined in this paragraph,

8apply for Wisconsin purposes at the same time as for federal purposes, except that

9changes made by section 13516 of P.L. 115-97, sections 20101, 20102, 20104, 20201,

1040201, 40202, 40203, 40308, 40309, 40311, 40414, 41101, 41107, 41115, and 41116

11of P.L. 115-123, section 101 (a), (b), and (h) of division U of P.L. 115-141, section 1122

12of P.L. 116-92, sections 201, 202, and 204 (a) and (b) of division Q of P.L. 116-94, and

13section 2 of P.L. 116-98 apply for taxable years beginning after December 31, 2019.

AB754-ASA1,24,1615
71.22 (5g) For purposes of s. 71.22 (4) (b) and (4m) (b), 2013 stats., “Internal

16Revenue Code" includes section 109 of division U of P.L. 115-141.

16Revenue Code" includes section 109 of division U of P.L. 115-141.

AB754-ASA1,53
17Section 53
. 71.26 (2) (b) 3., 4., 5., 6., 7., 8. and 9. of the statutes are repealed.

AB754-ASA1,25,319
71.26 (2) (b) 10. d. For purposes of subd. 10. a., “Internal Revenue Code" does

20not include amendments to the federal Internal Revenue Code enacted after

21December 31, 2013, except that “Internal Revenue Code" includes the provisions of

22P.L. 113-97, P.L. 113-159, P.L. 113-168, section 302901 of P.L. 113-287, sections 171,

23172, and 201 to 221 of P.L. 113-295, sections 102, 105, and 207 of division B of P.L.

24113-295, P.L. 114-14, P.L. 114-26, section 2004 of P.L. 114-41, sections 503 and 504

25of P.L. 114-74, sections 103, 104, 124, 168, 184, 185, 190, 204, 303, 306, 336, and 341

1of division Q of P.L. 114-113, and P.L. 114-239, sections 101 (m), (n), (o), (p), and (q)

2and 104 (a) of division U of P.L. 115-141, and section 102 of division M and sections

3110, 111, and 116 (b) of division O of P.L. 116-94.

20not include amendments to the federal Internal Revenue Code enacted after

21December 31, 2013, except that “Internal Revenue Code" includes the provisions of

22P.L. 113-97, P.L. 113-159, P.L. 113-168, section 302901 of P.L. 113-287, sections 171,

23172, and 201 to 221 of P.L. 113-295, sections 102, 105, and 207 of division B of P.L.

24113-295, P.L. 114-14, P.L. 114-26, section 2004 of P.L. 114-41, sections 503 and 504

25of P.L. 114-74, sections 103, 104, 124, 168, 184, 185, 190, 204, 303, 306, 336, and 341

1of division Q of P.L. 114-113, and P.L. 114-239, sections 101 (m), (n), (o), (p), and (q)

2and 104 (a) of division U of P.L. 115-141, and section 102 of division M and sections

3110, 111, and 116 (b) of division O of P.L. 116-94.

AB754-ASA1,25,105
71.26 (2) (b) 11. d. For purposes of subd. 11. a., “Internal Revenue Code" does

6not include amendments to the federal Internal Revenue Code enacted after

7December 31, 2016, except that “Internal Revenue Code” includes sections 11024,

811025, and 13543 of P.L. 115-97, sections 40307 and 40413 of P.L. 115-123, and

9section 102 of division M and sections 110, 111, and 116 (b) of division O of P.L.

10116-94.

6not include amendments to the federal Internal Revenue Code enacted after

7December 31, 2016, except that “Internal Revenue Code” includes sections 11024,

811025, and 13543 of P.L. 115-97, sections 40307 and 40413 of P.L. 115-123, and

9section 102 of division M and sections 110, 111, and 116 (b) of division O of P.L.

10116-94.

AB754-ASA1,25,2012
71.26 (2) (b) 12. a. For taxable years beginning after December 31, 2017, and

13before January 1, 2020, for a corporation, conduit, or common law trust which

14qualifies as a regulated investment company, real estate mortgage investment

15conduit, real estate investment trust, or financial asset securitization investment

16trust under the Internal Revenue Code, “net income" means the federal regulated

17investment company taxable income, federal real estate mortgage investment

18conduit taxable income, federal real estate investment trust or financial asset

19securitization investment trust taxable income of the corporation, conduit, or trust

20as determined under the Internal Revenue Code.

13before January 1, 2020, for a corporation, conduit, or common law trust which

14qualifies as a regulated investment company, real estate mortgage investment

15conduit, real estate investment trust, or financial asset securitization investment

16trust under the Internal Revenue Code, “net income" means the federal regulated

17investment company taxable income, federal real estate mortgage investment

18conduit taxable income, federal real estate investment trust or financial asset

19securitization investment trust taxable income of the corporation, conduit, or trust

20as determined under the Internal Revenue Code.

AB754-ASA1,26,322
71.26 (2) (b) 12. d. For purposes of subd. 12. a., “Internal Revenue Code" does

23not include amendments to the federal Internal Revenue Code enacted after

24December 31, 2017, except that “Internal Revenue Code” includes sections 40307

25and 40413 of P.L. 115-123; section 1203 of P.L. 116-25; section 102 of division M,

1sections 108, 110, 111, 115, 116 (a) and (b), 204, 206, 302, and 601 of division O, section

21302 of division P, and sections 131, 202 (d), 204 (c), 205, and 301 of division Q of P.L.

3116-94, and section 2 (b) of P.L. 116-98.

23not include amendments to the federal Internal Revenue Code enacted after

24December 31, 2017, except that “Internal Revenue Code” includes sections 40307

25and 40413 of P.L. 115-123; section 1203 of P.L. 116-25; section 102 of division M,

1sections 108, 110, 111, 115, 116 (a) and (b), 204, 206, 302, and 601 of division O, section

21302 of division P, and sections 131, 202 (d), 204 (c), 205, and 301 of division Q of P.L.

3116-94, and section 2 (b) of P.L. 116-98.

AB754-ASA1,26,105
71.26 (2) (b) 12. e. For purposes of subd. 12. a., the provisions of federal public

6laws that directly or indirectly affect the Internal Revenue Code, as defined in this

7subdivision, apply for Wisconsin purposes at the same time as for federal purposes,

8except that changes made by P.L. 115-63 and sections 11026, 11027, 11028, 13207,

913306, 13307, 13308, 13311, 13312, 13501, 13705, 13821, and 13823 of P.L. 115-97

10first apply for taxable years beginning after December 31, 2017.

6laws that directly or indirectly affect the Internal Revenue Code, as defined in this

7subdivision, apply for Wisconsin purposes at the same time as for federal purposes,

8except that changes made by P.L. 115-63 and sections 11026, 11027, 11028, 13207,

913306, 13307, 13308, 13311, 13312, 13501, 13705, 13821, and 13823 of P.L. 115-97

10first apply for taxable years beginning after December 31, 2017.

AB754-ASA1,26,1912
71.26 (2) (b) 13. a. For taxable years beginning after December 31, 2019, for a

13corporation, conduit, or common law trust which qualifies as a regulated investment

14company, real estate mortgage investment conduit, real estate investment trust, or

15financial asset securitization investment trust under the Internal Revenue Code,

16“net income" means the federal regulated investment company taxable income,

17federal real estate mortgage investment conduit taxable income, federal real estate

18investment trust or financial asset securitization investment trust taxable income

19of the corporation, conduit, or trust as determined under the Internal Revenue Code.

13corporation, conduit, or common law trust which qualifies as a regulated investment

14company, real estate mortgage investment conduit, real estate investment trust, or

15financial asset securitization investment trust under the Internal Revenue Code,

16“net income" means the federal regulated investment company taxable income,

17federal real estate mortgage investment conduit taxable income, federal real estate

18investment trust or financial asset securitization investment trust taxable income

19of the corporation, conduit, or trust as determined under the Internal Revenue Code.

AB754-ASA1,26,2220
b. For purposes of subd. 13. a., “Internal Revenue Code" means the federal

21Internal Revenue Code as amended to December 31, 2019, except as provided in

22subd. 13. c. and d. and s. 71.98 and subject to subd. 13. e.

21Internal Revenue Code as amended to December 31, 2019, except as provided in

22subd. 13. c. and d. and s. 71.98 and subject to subd. 13. e.

AB754-ASA1,27,2023
c. For purposes of subd. 13. a., “Internal Revenue Code" does not include the

24following provisions of federal public laws for taxable years beginning after

25December 31, 2019: section 13113 of P.L. 103-66; sections 1, 3, 4, and 5 of P.L.

1106-519; sections 101, 102, and 422 of P.L. 108-357; sections 1310 and 1351 of P.L.

2109-58; section 11146 of P.L. 109-59; section 403 (q) of P.L. 109-135; section 513 of

3P.L. 109-222; sections 104 and 307 of P.L. 109-432; sections 8233 and 8235 of P.L.

4110-28; section 11 (e) and (g) of P.L. 110-172; section 301 of P.L. 110-245; section

515351 of P.L. 110-246; section 302 of division A, section 401 of division B, and sections

6312, 322, 502 (c), 707, and 801 of division C of P.L. 110-343; sections 1232, 1241, 1251,

71501, and 1502 of division B of P.L. 111-5; sections 211, 212, 213, 214, and 216 of P.L.

8111-226; sections 2011 and 2122 of P.L. 111-240; sections 753, 754, and 760 of P.L.

9111-312; section 1106 of P.L. 112-95; sections 104, 318, 322, 323, 324, 326, 327, and

10411 of P.L. 112-240; P.L. 114-7; section 1101 of P.L. 114-74; section 305 of division

11P of P.L. 114-113; sections 123, 125 to 128, 143, 144, 151 to 153, 165 to 167, 169 to

12171, 189, 191, 307, 326, and 411 of division Q of P.L. 114-113; sections 11011, 11012,

1313201 (a) to (e) and (g), 13206, 13221, 13301, 13304 (a), (b), and (d), 13531, 13601,

1413801, 14101, 14102, 14103, 14201, 14202, 14211, 14212, 14213, 14214, 14215,

1514221, 14222, 14301, 14302, 14304, and 14401 of P.L. 115-97; sections 40304, 40305,

1640306, and 40412 of P.L. 115-123; section 101 (c) of division T of P.L. 115-141;

17sections 101 (d) and (e), 102, 201 to 207, 301, 302, and 401 (a) (47) and (195), (b) (13),

18(17), (22) and (30), and (d) (1) (D) (v), (vi), and (xiii) and (xvii) (II) of division U of P.L.

19115-141; and section 301 of division O and sections 101, 102, 103, 104, 114, 115, 116,

20117, 118, 130, 132, and 145 of division Q of P.L. 116-94.

24following provisions of federal public laws for taxable years beginning after

25December 31, 2019: section 13113 of P.L. 103-66; sections 1, 3, 4, and 5 of P.L.

1106-519; sections 101, 102, and 422 of P.L. 108-357; sections 1310 and 1351 of P.L.

2109-58; section 11146 of P.L. 109-59; section 403 (q) of P.L. 109-135; section 513 of

3P.L. 109-222; sections 104 and 307 of P.L. 109-432; sections 8233 and 8235 of P.L.

4110-28; section 11 (e) and (g) of P.L. 110-172; section 301 of P.L. 110-245; section

515351 of P.L. 110-246; section 302 of division A, section 401 of division B, and sections

6312, 322, 502 (c), 707, and 801 of division C of P.L. 110-343; sections 1232, 1241, 1251,

71501, and 1502 of division B of P.L. 111-5; sections 211, 212, 213, 214, and 216 of P.L.

8111-226; sections 2011 and 2122 of P.L. 111-240; sections 753, 754, and 760 of P.L.

9111-312; section 1106 of P.L. 112-95; sections 104, 318, 322, 323, 324, 326, 327, and

10411 of P.L. 112-240; P.L. 114-7; section 1101 of P.L. 114-74; section 305 of division

11P of P.L. 114-113; sections 123, 125 to 128, 143, 144, 151 to 153, 165 to 167, 169 to

12171, 189, 191, 307, 326, and 411 of division Q of P.L. 114-113; sections 11011, 11012,

1313201 (a) to (e) and (g), 13206, 13221, 13301, 13304 (a), (b), and (d), 13531, 13601,

1413801, 14101, 14102, 14103, 14201, 14202, 14211, 14212, 14213, 14214, 14215,

1514221, 14222, 14301, 14302, 14304, and 14401 of P.L. 115-97; sections 40304, 40305,

1640306, and 40412 of P.L. 115-123; section 101 (c) of division T of P.L. 115-141;

17sections 101 (d) and (e), 102, 201 to 207, 301, 302, and 401 (a) (47) and (195), (b) (13),

18(17), (22) and (30), and (d) (1) (D) (v), (vi), and (xiii) and (xvii) (II) of division U of P.L.

19115-141; and section 301 of division O and sections 101, 102, 103, 104, 114, 115, 116,

20117, 118, 130, 132, and 145 of division Q of P.L. 116-94.

AB754-ASA1,27,2221
d. For purposes of subd. 13. a., “Internal Revenue Code" does not include

22amendments to the federal Internal Revenue Code enacted after December 31, 2019.

22amendments to the federal Internal Revenue Code enacted after December 31, 2019.

AB754-ASA1,28,523
e. For purposes of subd. 13. a., the provisions of federal public laws that directly

24or indirectly affect the Internal Revenue Code, as defined in this subdivision, apply

25for Wisconsin purposes at the same time as for federal purposes, except that changes

1made by section 13516 of P.L. 115-97, sections 20101, 20102, 20104, 20201, 40201,

240202, 40203, 40308, 40309, 40311, 40414, 41101, 41107, 41115, and 41116 of P.L.

3115-123, section 101 (a), (b), and (h) of division U of P.L. 115-141, section 1122 of P.L.

4116-92, sections 201, 202, and 204 (a) and (b) of division Q of P.L. 116-94, and section

52 of P.L. 116-98 apply for taxable years beginning after December 31, 2019.

24or indirectly affect the Internal Revenue Code, as defined in this subdivision, apply

25for Wisconsin purposes at the same time as for federal purposes, except that changes

1made by section 13516 of P.L. 115-97, sections 20101, 20102, 20104, 20201, 40201,

240202, 40203, 40308, 40309, 40311, 40414, 41101, 41107, 41115, and 41116 of P.L.

3115-123, section 101 (a), (b), and (h) of division U of P.L. 115-141, section 1122 of P.L.

4116-92, sections 201, 202, and 204 (a) and (b) of division Q of P.L. 116-94, and section

52 of P.L. 116-98 apply for taxable years beginning after December 31, 2019.

AB754-ASA1,28,87
71.26 (2) (b) 14. For purposes of s. 71.26 (2) (b) 2., 2013 stats., “Internal Revenue

8Code" includes section 109 of division U of P.L. 115-141.

8Code" includes section 109 of division U of P.L. 115-141.

AB754-ASA1,28,2110
71.28 (6) (h) Any person, including a nonprofit entity described in section 501

11(c) (3) of the Internal Revenue Code, may sell or otherwise transfer the credit under

12par. (a) 2m. or 3., in whole or in part, to another person who is subject to the taxes

13imposed under s. 71.02, 71.23, or 71.43, if the person notifies the department of the

14transfer, and submits with the notification a copy of the transfer documents, and the

15department certifies ownership of the credit with each transfer. The transferor may

16file a claim for more than one taxable year on a form prescribed by the department

17to compute all years of the credit under par. (a) 2m. or 3., at the time of the transfer

18request. The transferee may first use the credit to offset tax in the taxable year of the

19transferor in which the transfer occurs, and may use the credit only to offset tax in

20taxable years otherwise allowed to be claimed and carried forward by the original

21claimant.

11(c) (3) of the Internal Revenue Code, may sell or otherwise transfer the credit under

12par. (a) 2m. or 3., in whole or in part, to another person who is subject to the taxes

13imposed under s. 71.02, 71.23, or 71.43, if the person notifies the department of the

14transfer, and submits with the notification a copy of the transfer documents, and the

15department certifies ownership of the credit with each transfer. The transferor may

16file a claim for more than one taxable year on a form prescribed by the department

17to compute all years of the credit under par. (a) 2m. or 3., at the time of the transfer

18request. The transferee may first use the credit to offset tax in the taxable year of the

19transferor in which the transfer occurs, and may use the credit only to offset tax in

20taxable years otherwise allowed to be claimed and carried forward by the original

21claimant.

AB754-ASA1,62
22Section 62
. 71.34 (1g) (c), (d), (e), (f), (g), (h) and (i) of the statutes are repealed.

AB754-ASA1,28,2524
71.34 (1g) (j) 3. m. Sections 101 (m), (n), (o), (p), and (q) and 104 (a) of division

25U of P.L. 115-141.

25U of P.L. 115-141.

AB754-ASA1,29,32
71.34 (1g) (j) 3. n. Section 102 of division M and sections 110, 111, and 116 (b)

3of division O of P.L. 116-94.

3of division O of P.L. 116-94.

AB754-ASA1,29,105
71.34 (1g) (k) 3. For purposes of this paragraph, “Internal Revenue Code" does

6not include amendments to the federal Internal Revenue Code enacted after

7December 31, 2016, except that “Internal Revenue Code” includes sections 11024,

811025, and 13543 of P.L. 115-97, sections 40307 and 40413 of P.L. 115-123, and

9section 102 of division M and sections 110, 111, and 116 (b) of division O of P.L.

10116-94.

6not include amendments to the federal Internal Revenue Code enacted after

7December 31, 2016, except that “Internal Revenue Code” includes sections 11024,

811025, and 13543 of P.L. 115-97, sections 40307 and 40413 of P.L. 115-123, and

9section 102 of division M and sections 110, 111, and 116 (b) of division O of P.L.

10116-94.

AB754-ASA1,29,1512
71.34 (1g) (L) 1. For taxable years beginning after December 31, 2017, and

13before January 1, 2020, for tax option corporations, “Internal Revenue Code" means

14the federal Internal Revenue Code as amended to December 31, 2017, except as

15provided in subds. 2., 3., and 5. and s. 71.98 and subject to subd. 4.

13before January 1, 2020, for tax option corporations, “Internal Revenue Code" means

14the federal Internal Revenue Code as amended to December 31, 2017, except as

15provided in subds. 2., 3., and 5. and s. 71.98 and subject to subd. 4.

AB754-ASA1,29,2317
71.34 (1g) (L) 3. For purposes of this paragraph, “Internal Revenue Code" does

18not include amendments to the federal Internal Revenue Code enacted after

19December 31, 2017, except that “Internal Revenue Code” includes sections 40307

20and 40413 of P.L. 115-123; section 1203 of P.L. 116-25; section 102 of division M,

21sections 108, 110, 111, 115, 116 (a) and (b), 204, 206, 302, and 601 of division O, section

221302 of division P, and sections 131, 202 (d), 204 (c), 205, and 301 of division Q of P.L.

23116-94, and section 2 (b) of P.L. 116-98.

18not include amendments to the federal Internal Revenue Code enacted after

19December 31, 2017, except that “Internal Revenue Code” includes sections 40307

20and 40413 of P.L. 115-123; section 1203 of P.L. 116-25; section 102 of division M,

21sections 108, 110, 111, 115, 116 (a) and (b), 204, 206, 302, and 601 of division O, section

221302 of division P, and sections 131, 202 (d), 204 (c), 205, and 301 of division Q of P.L.

23116-94, and section 2 (b) of P.L. 116-98.

AB754-ASA1,30,6

171.34 (1g) (L) 4. For purposes of this paragraph, the provisions of federal public

2laws that directly or indirectly affect the Internal Revenue Code, as defined in this

3paragraph, apply for Wisconsin purposes at the same time as for federal purposes,

4except that changes made by P.L. 115-63 and sections 11026, 11027, 11028, 13207,

513306, 13307, 13308, 13311, 13312, 13501, 13705, 13821, and 13823 of P.L. 115-97

6first apply for taxable years beginning after December 31, 2017.

171.34 (1g) (L) 4. For purposes of this paragraph, the provisions of federal public

2laws that directly or indirectly affect the Internal Revenue Code, as defined in this

3paragraph, apply for Wisconsin purposes at the same time as for federal purposes,

4except that changes made by P.L. 115-63 and sections 11026, 11027, 11028, 13207,

513306, 13307, 13308, 13311, 13312, 13501, 13705, 13821, and 13823 of P.L. 115-97

6first apply for taxable years beginning after December 31, 2017.

AB754-ASA1,30,118
71.34 (1g) (m) 1. For taxable years beginning after December 31, 2019, for tax

9option corporations, “Internal Revenue Code" means the federal Internal Revenue

10Code as amended to December 31, 2019, except as provided in subds. 2., 3., and 5. and

11s. 71.98 and subject to subd. 4.

9option corporations, “Internal Revenue Code" means the federal Internal Revenue

10Code as amended to December 31, 2019, except as provided in subds. 2., 3., and 5. and

11s. 71.98 and subject to subd. 4.

AB754-ASA1,31,912
2. For purposes of this paragraph, “Internal Revenue Code" does not include

13the following provisions of federal public laws for taxable years beginning after

14December 31, 2019: section 13113 of P.L. 103-66; sections 1, 3, 4, and 5 of P.L.

15106-519; sections 101, 102, and 422 of P.L. 108-357; sections 1310 and 1351 of P.L.

16109-58; section 11146 of P.L. 109-59; section 403 (q) of P.L. 109-135; section 513 of

17P.L. 109-222; sections 104 and 307 of P.L. 109-432; sections 8233 and 8235 of P.L.

18110-28; section 11 (e) and (g) of P.L. 110-172; section 301 of P.L. 110-245; section

1915351 of P.L. 110-246; section 302 of division A, section 401 of division B, and sections

20312, 322, 502 (c), 707, and 801 of division C of P.L. 110-343; sections 1232, 1241, 1251,

211501, and 1502 of division B of P.L. 111-5; sections 211, 212, 213, 214, and 216 of P.L.

22111-226; sections 2011 and 2122 of P.L. 111-240; sections 753, 754, and 760 of P.L.

23111-312; section 1106 of P.L. 112-95; sections 104, 318, 322, 323, 324, 326, 327, and

24411 of P.L. 112-240; P.L. 114-7; section 1101 of P.L. 114-74; section 305 of division

25P of P.L. 114-113; sections 123, 125 to 128, 143, 144, 151 to 153, 165 to 167, 169 to

1171, 189, 191, 307, 326, and 411 of division Q of P.L. 114-113; sections 11011, 11012,

213201 (a) to (e) and (g), 13206, 13221, 13301, 13304 (a), (b), and (d), 13531, 13601,

313801, 14101, 14102, 14103, 14201, 14202, 14211, 14212, 14213, 14214, 14215,

414221, 14222, 14301, 14302, 14304, and 14401 of P.L. 115-97; sections 40304, 40305,

540306, and 40412 of P.L. 115-123; section 101 (c) of division T of P.L. 115-141;

6sections 101 (d) and (e), 102, 201 to 207, 301, 302, and 401 (a) (47) and (195), (b) (13),

7(17), (22) and (30), and (d) (1) (D) (v), (vi), and (xiii) and (xvii) (II) of division U of P.L.

8115-141; and section 301 of division O and sections 101, 102, 103, 104, 114, 115, 116,

9117, 118, 130, 132, and 145 of division Q of P.L. 116-94.

13the following provisions of federal public laws for taxable years beginning after

14December 31, 2019: section 13113 of P.L. 103-66; sections 1, 3, 4, and 5 of P.L.

15106-519; sections 101, 102, and 422 of P.L. 108-357; sections 1310 and 1351 of P.L.

16109-58; section 11146 of P.L. 109-59; section 403 (q) of P.L. 109-135; section 513 of

17P.L. 109-222; sections 104 and 307 of P.L. 109-432; sections 8233 and 8235 of P.L.

18110-28; section 11 (e) and (g) of P.L. 110-172; section 301 of P.L. 110-245; section

1915351 of P.L. 110-246; section 302 of division A, section 401 of division B, and sections

20312, 322, 502 (c), 707, and 801 of division C of P.L. 110-343; sections 1232, 1241, 1251,

211501, and 1502 of division B of P.L. 111-5; sections 211, 212, 213, 214, and 216 of P.L.

22111-226; sections 2011 and 2122 of P.L. 111-240; sections 753, 754, and 760 of P.L.

23111-312; section 1106 of P.L. 112-95; sections 104, 318, 322, 323, 324, 326, 327, and

24411 of P.L. 112-240; P.L. 114-7; section 1101 of P.L. 114-74; section 305 of division

25P of P.L. 114-113; sections 123, 125 to 128, 143, 144, 151 to 153, 165 to 167, 169 to

1171, 189, 191, 307, 326, and 411 of division Q of P.L. 114-113; sections 11011, 11012,

213201 (a) to (e) and (g), 13206, 13221, 13301, 13304 (a), (b), and (d), 13531, 13601,

313801, 14101, 14102, 14103, 14201, 14202, 14211, 14212, 14213, 14214, 14215,

414221, 14222, 14301, 14302, 14304, and 14401 of P.L. 115-97; sections 40304, 40305,

540306, and 40412 of P.L. 115-123; section 101 (c) of division T of P.L. 115-141;

6sections 101 (d) and (e), 102, 201 to 207, 301, 302, and 401 (a) (47) and (195), (b) (13),

7(17), (22) and (30), and (d) (1) (D) (v), (vi), and (xiii) and (xvii) (II) of division U of P.L.

8115-141; and section 301 of division O and sections 101, 102, 103, 104, 114, 115, 116,

9117, 118, 130, 132, and 145 of division Q of P.L. 116-94.

AB754-ASA1,31,1110
3. For purposes of this paragraph, “Internal Revenue Code" does not include

11amendments to the federal Internal Revenue Code enacted after December 31, 2019.

11amendments to the federal Internal Revenue Code enacted after December 31, 2019.

AB754-ASA1,31,1912
4. For purposes of this paragraph, the provisions of federal public laws that

13directly or indirectly affect the Internal Revenue Code, as defined in this paragraph,

14apply for Wisconsin purposes at the same time as for federal purposes, except that

15changes made by section 13516 of P.L. 115-97, sections 20101, 20102, 20104, 20201,

1640201, 40202, 40203, 40308, 40309, 40311, 40414, 41101, 41107, 41115, and 41116

17of P.L. 115-123, section 101 (a), (b), and (h) of division U of P.L. 115-141, section 1122

18of P.L. 116-92, sections 201, 202, and 204 (a) and (b) of division Q of P.L. 116-94, and

19section 2 of P.L. 116-98 apply for taxable years beginning after December 31, 2019.

13directly or indirectly affect the Internal Revenue Code, as defined in this paragraph,

14apply for Wisconsin purposes at the same time as for federal purposes, except that

15changes made by section 13516 of P.L. 115-97, sections 20101, 20102, 20104, 20201,

1640201, 40202, 40203, 40308, 40309, 40311, 40414, 41101, 41107, 41115, and 41116

17of P.L. 115-123, section 101 (a), (b), and (h) of division U of P.L. 115-141, section 1122

18of P.L. 116-92, sections 201, 202, and 204 (a) and (b) of division Q of P.L. 116-94, and

19section 2 of P.L. 116-98 apply for taxable years beginning after December 31, 2019.

AB754-ASA1,31,23205. For purposes of this paragraph, section 1366 (f) of the Internal Revenue Code

21(relating to pass-through of items to shareholders) is modified by substituting the

22tax under s. 71.35 for the taxes under sections 1374 and 1375 of the Internal Revenue

23Code.

21(relating to pass-through of items to shareholders) is modified by substituting the

22tax under s. 71.35 for the taxes under sections 1374 and 1375 of the Internal Revenue

23Code.

AB754-ASA1,32,2

171.34 (1u) For purposes of s. 71.34 (1g) (b), 2013 stats., “Internal Revenue

2Code" includes section 109 of division U of P.L. 115-141.

171.34 (1u) For purposes of s. 71.34 (1g) (b), 2013 stats., “Internal Revenue

2Code" includes section 109 of division U of P.L. 115-141.

AB754-ASA1,71
3Section 71
. 71.42 (2) (c), (d), (e), (f), (g), (h) and (i) of the statutes are repealed.

AB754-ASA1,32,65
71.42 (2) (j) 3. m. Sections 101 (m), (n), (o), (p), and (q) and 104 (a) of division

6U of P.L. 115-141.

6U of P.L. 115-141.

AB754-ASA1,32,98
71.42 (2) (j) 3. n. Section 102 of division M and sections 110, 111, and 116 (b)

9of division O of P.L. 116-94.

9of division O of P.L. 116-94.

AB754-ASA1,32,1611
71.42 (2) (k) 3. For purposes of this paragraph, “Internal Revenue Code" does

12not include amendments to the federal Internal Revenue Code enacted after

13December 31, 2016, except that “Internal Revenue Code” includes sections 11024,

1411025, and 13543 of P.L. 115-97, sections 40307 and 40413 of P.L. 115-123, and

15section 102 of division M and sections 110, 111, and 116 (b) of division O of P.L.

16116-94.

12not include amendments to the federal Internal Revenue Code enacted after

13December 31, 2016, except that “Internal Revenue Code” includes sections 11024,

1411025, and 13543 of P.L. 115-97, sections 40307 and 40413 of P.L. 115-123, and

15section 102 of division M and sections 110, 111, and 116 (b) of division O of P.L.

16116-94.

AB754-ASA1,32,2118
71.42 (2) (L) 1. For taxable years beginning after December 31, 2017, and

19before January 1, 2020, “Internal Revenue Code" means the federal Internal

20Revenue Code as amended to December 31, 2017, except as provided in subds. 2. to

214. and s. 71.98 and subject to subd. 5.

19before January 1, 2020, “Internal Revenue Code" means the federal Internal

20Revenue Code as amended to December 31, 2017, except as provided in subds. 2. to

214. and s. 71.98 and subject to subd. 5.

AB754-ASA1,33,423
71.42 (2) (L) 3. For purposes of this paragraph, “Internal Revenue Code" does

24not include amendments to the federal Internal Revenue Code enacted after

25December 31, 2017, except that “Internal Revenue Code” includes sections 40307

1and 40413 of P.L. 115-123; section 1203 of P.L. 116-25; section 102 of division M,

2sections 108, 110, 111, 115, 116 (a) and (b), 204, 206, 302, and 601 of division O, section

31302 of division P, and sections 131, 202 (d), 204 (c), 205, and 301 of division Q of P.L.

4116-94, and section 2 (b) of P.L. 116-98.

24not include amendments to the federal Internal Revenue Code enacted after

25December 31, 2017, except that “Internal Revenue Code” includes sections 40307

1and 40413 of P.L. 115-123; section 1203 of P.L. 116-25; section 102 of division M,

2sections 108, 110, 111, 115, 116 (a) and (b), 204, 206, 302, and 601 of division O, section

31302 of division P, and sections 131, 202 (d), 204 (c), 205, and 301 of division Q of P.L.

4116-94, and section 2 (b) of P.L. 116-98.

AB754-ASA1,33,116
71.42 (2) (L) 5. For purposes of this paragraph, the provisions of federal public

7laws that directly or indirectly affect the Internal Revenue Code, as defined in this

8paragraph, apply for Wisconsin purposes at the same time as for federal purposes,

9except that changes made by P.L. 115-63 and sections 11026, 11027, 11028, 13207,

1013306, 13307, 13308, 13311, 13312, 13501, 13705, 13821, and 13823 of P.L. 115-97

11first apply for taxable years beginning after December 31, 2017.

7laws that directly or indirectly affect the Internal Revenue Code, as defined in this

8paragraph, apply for Wisconsin purposes at the same time as for federal purposes,

9except that changes made by P.L. 115-63 and sections 11026, 11027, 11028, 13207,

1013306, 13307, 13308, 13311, 13312, 13501, 13705, 13821, and 13823 of P.L. 115-97

11first apply for taxable years beginning after December 31, 2017.

AB754-ASA1,33,1513
71.42 (2) (m) 1. For taxable years beginning after December 31, 2019, “Internal

14Revenue Code" means the federal Internal Revenue Code as amended to December

1531, 2019, except as provided in subds. 2. and 3. and s. 71.98 and subject to subd. 4.

14Revenue Code" means the federal Internal Revenue Code as amended to December

1531, 2019, except as provided in subds. 2. and 3. and s. 71.98 and subject to subd. 4.

AB754-ASA1,34,1316
2. For purposes of this paragraph, “Internal Revenue Code" does not include

17the following provisions of federal public laws for taxable years beginning after

18December 31, 2019: section 13113 of P.L. 103-66; sections 1, 3, 4, and 5 of P.L.

19106-519; sections 101, 102, and 422 of P.L. 108-357; sections 1310 and 1351 of P.L.

20109-58; section 11146 of P.L. 109-59; section 403 (q) of P.L. 109-135; section 513 of

21P.L. 109-222; sections 104 and 307 of P.L. 109-432; sections 8233 and 8235 of P.L.

22110-28; section 11 (e) and (g) of P.L. 110-172; section 301 of P.L. 110-245; section

2315351 of P.L. 110-246; section 302 of division A, section 401 of division B, and sections

24312, 322, 502 (c), 707, and 801 of division C of P.L. 110-343; sections 1232, 1241, 1251,

251501, and 1502 of division B of P.L. 111-5; sections 211, 212, 213, 214, and 216 of P.L.

1111-226; sections 2011 and 2122 of P.L. 111-240; sections 753, 754, and 760 of P.L.

2111-312; section 1106 of P.L. 112-95; sections 104, 318, 322, 323, 324, 326, 327, and

3411 of P.L. 112-240; P.L. 114-7; section 1101 of P.L. 114-74; section 305 of division

4P of P.L. 114-113; sections 123, 125 to 128, 143, 144, 151 to 153, 165 to 167, 169 to

5171, 189, 191, 307, 326, and 411 of division Q of P.L. 114-113; sections 11011, 11012,

613201 (a) to (e) and (g), 13206, 13221, 13301, 13304 (a), (b), and (d), 13531, 13601,

713801, 14101, 14102, 14103, 14201, 14202, 14211, 14212, 14213, 14214, 14215,

814221, 14222, 14301, 14302, 14304, and 14401 of P.L. 115-97; sections 40304, 40305,

940306, and 40412 of P.L. 115-123; section 101 (c) of division T of P.L. 115-141;

10sections 101 (d) and (e), 102, 201 to 207, 301, 302, and 401 (a) (47) and (195), (b) (13),

11(17), (22) and (30), and (d) (1) (D) (v), (vi), and (xiii) and (xvii) (II) of division U of P.L.

12115-141; and section 301 of division O and sections 101, 102, 103, 104, 114, 115, 116,

13117, 118, 130, 132, and 145 of division Q of P.L. 116-94.

17the following provisions of federal public laws for taxable years beginning after

18December 31, 2019: section 13113 of P.L. 103-66; sections 1, 3, 4, and 5 of P.L.

19106-519; sections 101, 102, and 422 of P.L. 108-357; sections 1310 and 1351 of P.L.

20109-58; section 11146 of P.L. 109-59; section 403 (q) of P.L. 109-135; section 513 of

21P.L. 109-222; sections 104 and 307 of P.L. 109-432; sections 8233 and 8235 of P.L.

22110-28; section 11 (e) and (g) of P.L. 110-172; section 301 of P.L. 110-245; section

2315351 of P.L. 110-246; section 302 of division A, section 401 of division B, and sections

24312, 322, 502 (c), 707, and 801 of division C of P.L. 110-343; sections 1232, 1241, 1251,

251501, and 1502 of division B of P.L. 111-5; sections 211, 212, 213, 214, and 216 of P.L.

1111-226; sections 2011 and 2122 of P.L. 111-240; sections 753, 754, and 760 of P.L.

2111-312; section 1106 of P.L. 112-95; sections 104, 318, 322, 323, 324, 326, 327, and

3411 of P.L. 112-240; P.L. 114-7; section 1101 of P.L. 114-74; section 305 of division

4P of P.L. 114-113; sections 123, 125 to 128, 143, 144, 151 to 153, 165 to 167, 169 to

5171, 189, 191, 307, 326, and 411 of division Q of P.L. 114-113; sections 11011, 11012,

613201 (a) to (e) and (g), 13206, 13221, 13301, 13304 (a), (b), and (d), 13531, 13601,

713801, 14101, 14102, 14103, 14201, 14202, 14211, 14212, 14213, 14214, 14215,

814221, 14222, 14301, 14302, 14304, and 14401 of P.L. 115-97; sections 40304, 40305,

940306, and 40412 of P.L. 115-123; section 101 (c) of division T of P.L. 115-141;

10sections 101 (d) and (e), 102, 201 to 207, 301, 302, and 401 (a) (47) and (195), (b) (13),

11(17), (22) and (30), and (d) (1) (D) (v), (vi), and (xiii) and (xvii) (II) of division U of P.L.

12115-141; and section 301 of division O and sections 101, 102, 103, 104, 114, 115, 116,

13117, 118, 130, 132, and 145 of division Q of P.L. 116-94.

AB754-ASA1,34,1514
3. For purposes of this paragraph, “Internal Revenue Code" does not include

15amendments to the federal Internal Revenue Code enacted after December 31, 2019.

15amendments to the federal Internal Revenue Code enacted after December 31, 2019.

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