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SB59,909 16Section 909. 71.22 (4m) (j) 3. m. of the statutes is created to read:
SB59,626,1817 71.22 (4m) (j) 3. m. Sections 101 (m), (n), (o), (p), and (q) and 104 (a) of division
18U of P.L. 115-141.
SB59,910 19Section 910. 71.22 (4m) (k) 3. of the statutes is amended to read:
SB59,626,2320 71.22 (4m) (k) 3. For purposes of this paragraph, “Internal Revenue Code" does
21not include amendments to the federal Internal Revenue Code enacted after
22December 31, 2016, except that “Internal Revenue Code” includes sections 11024,
2311025, and 13543 of P.L. 115-97 and sections 40307 and 40413 of P.L. 115-123.
SB59,911 24Section 911. 71.22 (4m) (L) 1. of the statutes is amended to read:
SB59,627,5
171.22 (4m) (L) 1. For taxable years beginning after December 31, 2017, and
2before January 1, 2019,
“Internal Revenue Code", for corporations that are subject
3to a tax on unrelated business income under s. 71.26 (1) (a), means the federal
4Internal Revenue Code as amended to December 31, 2017, except as provided in
5subds. 2. and 3. and s. 71.98 and subject to subd. 4.
SB59,912 6Section 912. 71.22 (4m) (L) 4. of the statutes is amended to read:
SB59,627,127 71.22 (4m) (L) 4. For purposes of this paragraph, the provisions of federal
8public laws that directly or indirectly affect the Internal Revenue Code, as defined
9in this paragraph, apply for Wisconsin purposes at the same time as for federal
10purposes, except that changes made by P.L. 115-63 and sections 11026, 11027, 11028,
1113207, 13306, 13307, 13308, 13311, 13312, 13501, 13705, 13821, and 13823 of P.L.
12115-97 first apply for taxable years beginning after December 31, 2017
.
SB59,913 13Section 913. 71.22 (4m) (m) of the statutes is created to read:
SB59,627,1814 71.22 (4m) (m) 1. For taxable years beginning after December 31, 2018,
15“Internal Revenue Code,” for corporations that are subject to a tax on unrelated
16business income under s. 71.26 (1) (a), means the federal Internal Revenue Code as
17amended to December 31, 2018, except as provided in subds. 2. and 3. and s. 71.98
18and subject to subd. 4.
SB59,628,1419 2. For purposes of this paragraph, “Internal Revenue Code" does not include
20the following provisions of federal public laws for taxable years beginning after
21December 31, 2018: section 13113 of P.L. 103-66; sections 1, 3, 4, and 5 of P.L.
22106-519; sections 101, 102, and 422 of P.L. 108-357; sections 1310 and 1351 of P.L.
23109-58; section 11146 of P.L. 109-59; section 403 (q) of P.L. 109-135; section 513 of
24P.L. 109-222; sections 104 and 307 of P.L. 109-432; sections 8233 and 8235 of P.L.
25110-28; section 11 (e) and (g) of P.L. 110-172; section 301 of P.L. 110-245; section

115351 of P.L. 110-246; section 302 of division A, section 401 of division B, and sections
2312, 322, 502 (c), 707, and 801 of division C of P.L. 110-343; sections 1232, 1241, 1251,
31501, and 1502 of division B of P.L. 111-5; sections 211, 212, 213, 214, and 216 of P.L.
4111-226; sections 2011 and 2122 of P.L. 111-240; sections 753, 754, and 760 of P.L.
5111-312; section 1106 of P.L. 112-95; sections 104, 318, 322, 323, 324, 326, 327, and
6411 of P.L. 112-240; P.L. 114-7; section 1101 of P.L. 114-74; section 305 of division
7P of P.L. 114-113; sections 123, 125 to 128, 143, 144, 151 to 153, 165 to 167, 169 to
8171, 189, 191, 307, 326, and 411 of division Q of P.L. 114-113; sections 11011, 13201
9(a) to (e) and (g), 13801, 14101, 14102, 14103, 14201, 14202, 14211, 14212, 14213,
1014214, 14215, 14221, 14222, 14301, 14302, 14304, and 14401 of P.L. 115-97; sections
1140304, 40305, 40306, and 40412 of P.L. 115-123; section 101 (c) of division T of P.L.
12115-141; and sections 101 (d) and (e), 102, 201 to 207, 301, 302, and 401 (a) (47) and
13(195), (b) (13), (17), (22) and (30), and (d) (1) (D) (v), (vi), and (xiii) and (xvii) (II) of
14division U of P.L. 115-141.
SB59,628,1615 3. For purposes of this paragraph, “Internal Revenue Code" does not include
16amendments to the federal Internal Revenue Code enacted after December 31, 2018.
SB59,628,2417 4. For purposes of this paragraph, the provisions of federal public laws that
18directly or indirectly affect the Internal Revenue Code, as defined in this paragraph,
19apply for Wisconsin purposes at the same time as for federal purposes, except that
20changes made by sections 11012, 13221, 13301, 13304 (a) and (b), 13531, and 13601
21of P.L. 115-97, 20101, 20102, 20104, 20201, 40201, 40202, 40203, 40308, 40309,
2240311, 40414, 41101, 41107, 41115, and 41116 of PL. 115-123 and section 101 (a), (b),
23and (h) of division U of P.L. 115-141 apply for taxable years beginning after
24December 31, 2018.
SB59,914 25Section 914. 71.22 (5g) of the statutes is created to read:
SB59,629,2
171.22 (5g) For purposes of subs. (4) (b) and (4m) (b), 2013 stats., “Internal
2Revenue Code” includes section 109 of division U of P.L. 115-141.
SB59,915 3Section 915. 71.25 (9) (dh) 3. of the statutes is amended to read:
SB59,629,74 71.25 (9) (dh) 3. Except as provided in subd. 4. if If the purchaser of a service
5receives the benefit of a service in more than one state, the gross receipts from the
6performance of the service are included in the numerator of the sales factor according
7to the portion of the service received in this state.
SB59,916 8Section 916. 71.25 (9) (dh) 4. of the statutes is repealed.
SB59,917 9Section 917. 71.25 (9) (dj) 1. (intro.) of the statutes is renumbered 71.25 (9)
10(dj) (intro.) and amended to read:
SB59,629,1611 71.25 (9) (dj) (intro.) Except as provided in subd. 2m. and par. (df), gross
12royalties and other gross receipts received for the use or license of intangible
13property, including patents, copyrights, trademarks, trade names, service names,
14franchises, licenses, plans, specifications, blueprints, processes, techniques,
15formulas, designs, layouts, patterns, drawings, manuals, technical know-how,
16contracts, and customer lists, are sales in this state if any of the following applies:
SB59,918 17Section 918. 71.25 (9) (dj) 1. a. of the statutes is renumbered 71.25 (9) (dj) 1n.
18and amended to read:
SB59,629,2519 71.25 (9) (dj) 1n. The purchaser or licensee uses the intangible property in the
20operation of a trade or business at a location in this state. Except as provided in subd.
212m., if
If the purchaser or licensee uses the intangible property in the operation of
22a trade or business in more than one state, the gross royalties and other gross
23receipts from the use of the intangible property shall be divided between those states
24having jurisdiction to impose an income tax on the taxpayer in proportion to the use
25of the intangible property in those states.
SB59,919
1Section 919. 71.25 (9) (dj) 1. b. of the statutes is renumbered 71.25 (9) (dj) 2n.
SB59,920 2Section 920. 71.25 (9) (dj) 1. c. of the statutes is renumbered 71.25 (9) (dj) 3n.
SB59,921 3Section 921. 71.25 (9) (dj) 2m. of the statutes is repealed.
SB59,922 4Section 922. 71.25 (9) (g) of the statutes is repealed.
SB59,923 5Section 923. 71.26 (1m) (o) of the statutes is created to read:
SB59,630,96 71.26 (1m) (o) Those issued by the Wisconsin Health and Educational Facilities
7Authority under s. 231.03 (6), if the bonds or notes are issued in an amount totaling
8$35,000,000 or less, and to the extent that the interest income received is not
9otherwise exempt under this subsection.
SB59,924 10Section 924. 71.26 (2) (a) 4. of the statutes is amended to read:
SB59,630,1611 71.26 (2) (a) 4. Plus the amount of the credit computed under s. 71.28 (1dm),
12(1dx), (1dy), (3g), (3h), (3n), (3p), (3q), (3r), (3rm), (3rn), (3t), (3w), (3wm), (3y), (5e),
13(5f), (5g), (5h), (5i), (5j), (5k), (5r), (5rm), (6n), (8b), (8r), (9s), and (10) and not passed
14through by a partnership, limited liability company, or tax-option corporation that
15has added that amount to the partnership's, limited liability company's, or
16tax-option corporation's income under s. 71.21 (4) or 71.34 (1k) (g).
SB59,925 17Section 925. 71.26 (2) (b) 3. of the statutes is repealed.
SB59,926 18Section 926. 71.26 (2) (b) 10. d. of the statutes is amended to read:
SB59,631,219 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, and sections 101 (m), (n), (o), (p), and
2(q) and 104 (a) of division U of P.L. 115-141
.
SB59,927 3Section 927. 71.26 (2) (b) 11. d. of the statutes is amended to read:
SB59,631,74 71.26 (2) (b) 11. d. For purposes of subd. 11. a., “Internal Revenue Code" does
5not include amendments to the federal Internal Revenue Code enacted after
6December 31, 2016, except that “Internal Revenue Code” includes sections 11024,
711025, and 13543 of P.L. 115-97 and sections 40307 and 40413 of P.L. 115-123.
SB59,928 8Section 928. 71.26 (2) (b) 12. a. of the statutes is amended to read:
SB59,631,179 71.26 (2) (b) 12. a. For taxable years beginning after December 31, 2017, and
10before January 1, 2019,
for a corporation, conduit, or common law trust which
11qualifies as a regulated investment company, real estate mortgage investment
12conduit, real estate investment trust, or financial asset securitization investment
13trust under the Internal Revenue Code, “net income" means the federal regulated
14investment company taxable income, federal real estate mortgage investment
15conduit taxable income, federal real estate investment trust or financial asset
16securitization investment trust taxable income of the corporation, conduit, or trust
17as determined under the Internal Revenue Code.
SB59,929 18Section 929. 71.26 (2) (b) 12. e. of the statutes is amended to read:
SB59,631,2419 71.26 (2) (b) 12. e. For purposes of subd. 12. a., the provisions of federal public
20laws that directly or indirectly affect the Internal Revenue Code, as defined in this
21subdivision, apply for Wisconsin purposes at the same time as for federal purposes,
22except that changes made by P.L. 115-63 and sections 11026, 11027, 11028, 13207,
2313306, 13307, 13308, 13311, 13312, 13501, 13705, 13821, and 13823 of P.L. 115-97
24first apply for taxable years beginning after December 31, 2017
.
SB59,930 25Section 930. 71.26 (2) (b) 13. of the statutes is created to read:
SB59,632,8
171.26 (2) (b) 13. a. For taxable years beginning after December 31, 2018, for a
2corporation, conduit, or common law trust which qualifies as a regulated investment
3company, real estate mortgage investment conduit, real estate investment trust, or
4financial asset securitization investment trust under the Internal Revenue Code,
5“net income" means the federal regulated investment company taxable income,
6federal real estate mortgage investment conduit taxable income, federal real estate
7investment trust or financial asset securitization investment trust taxable income
8of the corporation, conduit, or trust as determined under the Internal Revenue Code.
SB59,632,119 b. For purposes of subd. 13. a., “Internal Revenue Code" means the federal
10Internal Revenue Code as amended to December 31, 2018, except as provided in
11subd. 13. c. and d. and s. 71.98 and subject to subd. 13. e.
SB59,633,712 c. For purposes of subd. 13. a., “Internal Revenue Code" does not include the
13following provisions of federal public laws for taxable years beginning after
14December 31, 2018: 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, 13201
2(a) to (e) and (g), 13801, 14101, 14102, 14103, 14201, 14202, 14211, 14212, 14213,
314214, 14215, 14221, 14222, 14301, 14302, 14304, and 14401 of P.L. 115-97; sections
440304, 40305, 40306, and 40412 of P.L. 115-123; section 101 (c) of division T of P.L.
5115-141; and sections 101 (d) and (e), 102, 201 to 207, 301, 302, and 401 (a) (47) and
6(195), (b) (13), (17), (22) and (30), and (d) (1) (D) (v), (vi), and (xiii) and (xvii) (II) of
7division U of P.L. 115-141.
SB59,633,98 d. For purposes of subd. 13. a., “Internal Revenue Code" does not include
9amendments to the federal Internal Revenue Code enacted after December 31, 2018.
SB59,633,1710 e. For purposes of subd. 13. a., the provisions of federal public laws that directly
11or indirectly affect the Internal Revenue Code, as defined in this subdivision, apply
12for Wisconsin purposes at the same time as for federal purposes, except that changes
13made by sections 11012, 13221, 13301, 13304 (a) and (b), 13531, and 13601 of P.L.
14115-97, 20101, 20102, 20104, 20201, 40201, 40202, 40203, 40308, 40309, 40311,
1540414, 41101, 41107, 41115, and 41116 of PL. 115-123 and section 101 (a), (b), and
16(h) of division U of P.L. 115-141 apply for taxable years beginning after December
1731, 2018.
SB59,931 18Section 931. 71.26 (2) (b) 14. of the statutes is created to read:
SB59,633,2019 71.26 (2) (b) 14. For purposes of par. (b) 2., 2013 stats., “Internal Revenue Code”
20includes section 109 of division U of P.L. 115-141.
SB59,932 21Section 932. 71.26 (3) (e) 4. of the statutes is created to read:
SB59,634,222 71.26 (3) (e) 4. So that moving expenses, as defined in s. 71.01 (8j), paid or
23incurred during the taxable year to move the taxpayer's Wisconsin business
24operation, in whole or in part, to a location outside the state or to move the taxpayer's

1business operation outside the United States may not be deducted as provided under
2the Internal Revenue Code.
SB59,933 3Section 933. 71.28 (1dx) (a) 5. of the statutes is amended to read:
SB59,634,184 71.28 (1dx) (a) 5. “Member of a targeted group" means a person who resides
5in an area designated by the federal government as an economic revitalization area,
6a person who is employed in an unsubsidized job but meets the eligibility
7requirements under s. 49.145 (2) and (3) for a Wisconsin Works employment position,
8a person who is employed in a trial job, as defined in s. 49.141 (1) (n), 2011 stats., or
9in a trial employment match program job subsidized employment placement, as
10defined in s. 49.141 (1) (n) (Lm), a person who is eligible for child care assistance
11under s. 49.155, a person who is a vocational rehabilitation referral, an economically
12disadvantaged youth, an economically disadvantaged veteran, a supplemental
13security income recipient, a general assistance recipient, an economically
14disadvantaged ex-convict, a qualified summer youth employee, as defined in 26 USC
1551
(d) (7), a dislocated worker, as defined in 29 USC 2801 (9), or a food stamp
16recipient, if the person has been certified in the manner under s. 71.28 (1dj) (am) 3.,
172013 stats., by a designated local agency, as defined in s. 71.28 (1dj) (am) 2., 2013
18stats.
SB59,934 19Section 934. 71.28 (4) (k) 1. of the statutes is amended to read:
SB59,635,220 71.28 (4) (k) 1. The For taxable years beginning after December 31, 2017, and
21before January 1, 2020, the
amount of the claim not used to offset the tax due, not
22to exceed 10 percent of the allowable amount of the claim under par. (ad) 4., 5., or 6.,
23shall be certified by the department of revenue to the department of administration
24for payment by check, share draft, or other draft drawn from the appropriation

1account under s. 20.835 (2) (d). A person who is certified to claim tax benefits under
2s. 238.396 (3) or (3m) is not eligible to receive the payment under this subdivision.
SB59,935 3Section 935. 71.28 (4) (k) 1m. of the statutes is created to read:
SB59,635,104 71.28 (4) (k) 1m. For taxable years beginning after December 31, 2019, the
5amount of the claim not used to offset the tax due, not to exceed 20 percent of the
6allowable amount of the claim under par. (ad) 4., 5., or 6., shall be certified by the
7department of revenue to the department of administration for payment from the
8appropriation account under s. 20.835 (2) (d). A person who is certified to claim tax
9benefits under s. 238.396 (3) or (3m) is not eligible to receive the payment under this
10subdivision.
SB59,936 11Section 936. 71.28 (4) (k) 2. of the statutes is amended to read:
SB59,635,1712 71.28 (4) (k) 2. The amount of the claim not used to offset the tax due and not
13certified for payment under subd. 1. or 1m. may be carried forward and credited
14against Wisconsin income or franchise taxes otherwise due for the following 15
15taxable years to the extent not offset by these taxes otherwise due in all intervening
16years between the year in which the expense was incurred and the year in which the
17carry-forward credit is claimed.
SB59,937 18Section 937. 71.28 (5n) (d) 2. of the statutes is amended to read:
SB59,635,2419 71.28 (5n) (d) 2. Except as provided in subd. subds. 2m. and 3., for purposes of
20determining a claimant's eligible qualified production activities income under this
21subsection, the claimant shall multiply the claimant's qualified production activities
22income from property manufactured by the claimant by the manufacturing property
23factor and qualified production activities income from property produced, grown, or
24extracted by the claimant by the agriculture property factor.
SB59,938 25Section 938. 71.28 (5n) (d) 2m. of the statutes is created to read:
SB59,636,6
171.28 (5n) (d) 2m. Except as provided in subd. 3., for taxable years beginning
2after December 31, 2018, for purposes of determining a claimant's eligible qualified
3production activities income from manufacturing under this subsection, the
4claimant shall multiply the claimant's qualified production activities income, not
5exceeding $300,000, from property manufactured by the claimant by the
6manufacturing property factor.
SB59,939 7Section 939. 71.28 (5n) (d) 3. a. of the statutes is amended to read:
SB59,636,98 71.28 (5n) (d) 3. a. The eligible qualified production activities income
9determined under subd. 2. or 2m.
SB59,940 10Section 940. 71.28 (6) (a) 3. of the statutes is amended to read:
SB59,636,2411 71.28 (6) (a) 3. For taxable years beginning after December 31, 2013, and before
12January 1, 2019,
any person may claim as a credit against taxes otherwise due under
13s. 71.23, up to the amount of those taxes, an amount equal to 20 percent of the costs
14of qualified rehabilitation expenditures, as defined in section 47 (c) (2) of the Internal
15Revenue Code, for qualified rehabilitated buildings, as defined in section 47 (c) (1)
16of the Internal Revenue Code, on property located in this state, if the cost of the
17person's qualified rehabilitation expenditures is at least $50,000 and the
18rehabilitated property is placed in service after December 31, 2013, and regardless
19of whether the rehabilitated property is used for multiple or revenue-producing
20purposes. No credit may be claimed under this subdivision for property listed as a
21contributing building in the state register of historic places or in the national register
22of historic places and no credit may be claimed under this subdivision for nonhistoric,
23nonresidential property converted into housing if the property has been previously
24used for housing.
SB59,941 25Section 941. 71.28 (6) (cn) (intro.) of the statutes is amended to read:
SB59,637,3
171.28 (6) (cn) (intro.) For taxable years beginning after December 31, 2014, and
2before January 1, 2019,
the Wisconsin Economic Development Corporation shall
3certify a person to claim a credit under par. (a) 3. if all of the following apply:
SB59,942 4Section 942. 71.28 (6) (e) of the statutes is renumbered 71.28 (6) (e) 1.
SB59,943 5Section 943. 71.28 (6) (e) 2. of the statutes is created to read:
SB59,637,96 71.28 (6) (e) 2. No credit may be claimed under par. (a) 3. for taxable years
7beginning after December 31, 2018. Credits under par. (a) 3. for taxable years that
8begin before January 1, 2019, may be carried forward to taxable years that begin
9after December 31, 2018.
SB59,944 10Section 944 . 71.30 (3) (f) of the statutes is amended to read:
SB59,637,2211 71.30 (3) (f) The total of farmland preservation credit under subch. IX,
12farmland tax relief credit under s. 71.28 (2m), dairy manufacturing facility
13investment credit under s. 71.28 (3p), jobs credit under s. 71.28 (3q), meat processing
14facility investment credit under s. 71.28 (3r), woody biomass harvesting and
15processing credit under s. 71.28 (3rm), food processing plant and food warehouse
16investment credit under s. 71.28 (3rn), enterprise zone jobs credit under s. 71.28
17(3w), electronics and information technology manufacturing zone credit under s.
1871.28 (3wm), business development credit under s. 71.28 (3y), research credit under
19s. 71.28 (4) (k) 1. and 1m., film production services credit under s. 71.28 (5f), film
20production company investment credit under s. 71.28 (5h), beginning farmer and
21farm asset owner tax credit under s. 71.28 (8r), and estimated tax payments under
22s. 71.29.
SB59,945 23Section 945. 71.34 (1g) (c) of the statutes is repealed.
SB59,946 24Section 946. 71.34 (1g) (j) 3. m. of the statutes is created to read:
SB59,638,2
171.34 (1g) (j) 3. m. Sections 101 (m), (n), (o), (p), and (q) and 104 (a) of division
2U of P.L. 115-141.
SB59,947 3Section 947. 71.34 (1g) (k) 3. of the statutes is amended to read:
SB59,638,74 71.34 (1g) (k) 3. For purposes of this paragraph, “Internal Revenue Code" does
5not include amendments to the federal Internal Revenue Code enacted after
6December 31, 2016, except that “Internal Revenue Code” includes sections 11024,
711025, and 13543 of P.L. 115-97 and sections 40307 and 40413 of P.L. 115-123.
SB59,948 8Section 948. 71.34 (1g) (L) 1. of the statutes is amended to read:
SB59,638,129 71.34 (1g) (L) 1. For taxable years beginning after December 31, 2017, and
10before January 1, 2019,
for tax option corporations, “Internal Revenue Code" means
11the federal Internal Revenue Code as amended to December 31, 2017, except as
12provided in subds. 2., 3., and 5. and s. 71.98 and subject to subd. 4.
SB59,949 13Section 949. 71.34 (1g) (L) 4. of the statutes is amended to read:
SB59,638,1914 71.34 (1g) (L) 4. For purposes of this paragraph, the provisions of federal public
15laws that directly or indirectly affect the Internal Revenue Code, as defined in this
16paragraph, apply for Wisconsin purposes at the same time as for federal purposes,
17except that changes made by P.L. 115-63 and sections 11026, 11027, 11028, 13207,
1813306, 13307, 13308, 13311, 13312, 13501, 13705, 13821, and 13823 of P.L. 115-97
19first apply for taxable years beginning after December 31, 2017
.
SB59,950 20Section 950. 71.34 (1g) (m) of the statutes is created to read:
SB59,638,2421 71.34 (1g) (m) 1. For taxable years beginning after December 31, 2018, for tax
22option corporations, “Internal Revenue Code" means the federal Internal Revenue
23Code as amended to December 31, 2018, except as provided in subds. 2., 3., and 5. and
24s. 71.98 and subject to subd. 4.
SB59,639,21
12. For purposes of this paragraph, “Internal Revenue Code" does not include
2the following provisions of federal public laws for taxable years beginning after
3December 31, 2018: section 13113 of P.L. 103-66; sections 1, 3, 4, and 5 of P.L.
4106-519; sections 101, 102, and 422 of P.L. 108-357; sections 1310 and 1351 of P.L.
5109-58; section 11146 of P.L. 109-59; section 403 (q) of P.L. 109-135; section 513 of
6P.L. 109-222; sections 104 and 307 of P.L. 109-432; sections 8233 and 8235 of P.L.
7110-28; section 11 (e) and (g) of P.L. 110-172; section 301 of P.L. 110-245; section
815351 of P.L. 110-246; section 302 of division A, section 401 of division B, and sections
9312, 322, 502 (c), 707, and 801 of division C of P.L. 110-343; sections 1232, 1241, 1251,
101501, and 1502 of division B of P.L. 111-5; sections 211, 212, 213, 214, and 216 of P.L.
11111-226; sections 2011 and 2122 of P.L. 111-240; sections 753, 754, and 760 of P.L.
12111-312; section 1106 of P.L. 112-95; sections 104, 318, 322, 323, 324, 326, 327, and
13411 of P.L. 112-240; P.L. 114-7; section 1101 of P.L. 114-74; section 305 of division
14P of P.L. 114-113; sections 123, 125 to 128, 143, 144, 151 to 153, 165 to 167, 169 to
15171, 189, 191, 307, 326, and 411 of division Q of P.L. 114-113; sections 11011, 13201
16(a) to (e) and (g), 13801, 14101, 14102, 14103, 14201, 14202, 14211, 14212, 14213,
1714214, 14215, 14221, 14222, 14301, 14302, 14304, and 14401 of P.L. 115-97; sections
1840304, 40305, 40306, and 40412 of P.L. 115-123; section 101 (c) of division T of P.L.
19115-141; and sections 101 (d) and (e), 102, 201 to 207, 301, 302, and 401 (a) (47) and
20(195), (b) (13), (17), (22) and (30), and (d) (1) (D) (v), (vi), and (xiii) and (xvii) (II) of
21division U of P.L. 115-141.
SB59,639,2322 3. For purposes of this paragraph, “Internal Revenue Code" does not include
23amendments to the federal Internal Revenue Code enacted after December 31, 2018.
SB59,640,624 4. For purposes of this paragraph, the provisions of federal public laws that
25directly or indirectly affect the Internal Revenue Code, as defined in this paragraph,

1apply for Wisconsin purposes at the same time as for federal purposes, except that
2changes made by sections 11012, 13221, 13301, 13304 (a) and (b), 13531, and 13601
3of P.L. 115-97, 20101, 20102, 20104, 20201, 40201, 40202, 40203, 40308, 40309,
440311, 40414, 41101, 41107, 41115, and 41116 of PL. 115-123 and section 101 (a), (b),
5and (h) of division U of P.L. 115-141 apply for taxable years beginning after
6December 31, 2018.
SB59,640,1075. For purposes of this paragraph, section 1366 (f) of the Internal Revenue Code
8(relating to pass-through of items to shareholders) is modified by substituting the
9tax under s. 71.35 for the taxes under sections 1374 and 1375 of the Internal Revenue
10Code.
SB59,951 11Section 951. 71.34 (1k) (g) of the statutes is amended to read:
SB59,640,1512 71.34 (1k) (g) An addition shall be made for credits computed by a tax-option
13corporation under s. 71.28 (1dm), (1dx), (1dy), (3), (3g), (3h), (3n), (3p), (3q), (3r),
14(3rm), (3rn), (3t), (3w), (3wm), (3y), (4), (5), (5e), (5f), (5g), (5h), (5i), (5j), (5k), (5r),
15(5rm), (6n), (8b), (8r), and (10) and passed through to shareholders.
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