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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.
SB59,952 16Section 952. 71.34 (1k) (o) of the statutes is created to read:
SB59,640,2117 71.34 (1k) (o) An addition shall be made for any amount deducted under the
18Internal Revenue Code as moving expenses, as defined in s. 71.01 (8j), paid or
19incurred during the taxable year to move the taxpayer's Wisconsin business
20operation, in whole or in part, to a location outside the state or to move the taxpayer's
21business operation outside the United States.
SB59,953 22Section 953. 71.34 (1u) of the statutes is created to read:
SB59,640,2423 71.34 (1u) For purposes of sub. (1g) (b), 2013 stats., “Internal Revenue Code”
24includes section 109 of division U of P.L. 115-141.
SB59,954 25Section 954. 71.42 (2) (c) of the statutes is repealed.
SB59,955
1Section 955. 71.42 (2) (j) 3. m. of the statutes is created to read:
SB59,641,32 71.42 (2) (j) 3. m. Sections 101 (m), (n), (o), (p), and (q) and 104 (a) of division
3U of P.L. 115-141.
SB59,956 4Section 956. 71.42 (2) (k) 3. of the statutes is amended to read:
SB59,641,85 71.42 (2) (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 and sections 40307 and 40413 of P.L. 115-123.
SB59,957 9Section 957. 71.42 (2) (L) 1. of the statutes is amended to read:
SB59,641,1310 71.42 (2) (L) 1. For taxable years beginning after December 31, 2017, and
11before January 1, 2019,
“Internal Revenue Code" means the federal Internal
12Revenue Code as amended to December 31, 2017, except as provided in subds. 2. to
134. and s. 71.98 and subject to subd. 5.
SB59,958 14Section 958. 71.42 (2) (L) 5. of the statutes is amended to read:
SB59,641,2015 71.42 (2) (L) 5. For purposes of this paragraph, the provisions of federal public
16laws that directly or indirectly affect the Internal Revenue Code, as defined in this
17paragraph, apply for Wisconsin purposes at the same time as for federal purposes,
18except that changes made by P.L. 115-63 and sections 11026, 11027, 11028, 13207,
1913306, 13307, 13308, 13311, 13312, 13501, 13705, 13821, and 13823 of P.L. 115-97
20first apply for taxable years beginning after December 31, 2017
.
SB59,959 21Section 959. 71.42 (2) (m) of the statutes is created to read:
SB59,641,2422 71.42 (2) (m) 1. For taxable years beginning after December 31, 2018, “Internal
23Revenue Code" means the federal Internal Revenue Code as amended to December
2431, 2018, except as provided in subds. 2. to 4. and s. 71.98 and subject to subd. 5.
SB59,642,21
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.
SB59,642,2322 3. For purposes of this paragraph, “Internal Revenue Code" does not include
23amendments to the federal Internal Revenue Code enacted after December 31, 2018.
SB59,642,2524 4. For purposes of this paragraph, “Internal Revenue Code" does not include
25section 847 of the federal Internal Revenue Code.
SB59,643,8
15. For purposes of this paragraph, the provisions of federal public laws that
2directly or indirectly affect the Internal Revenue Code, as defined in this paragraph,
3apply for Wisconsin purposes at the same time as for federal purposes, except that
4changes made by sections 11012, 13221, 13301, 13304 (a) and (b), 13531, and 13601
5of P.L. 115-97, 20101, 20102, 20104, 20201, 40201, 40202, 40203, 40308, 40309,
640311, 40414, 41101, 41107, 41115, and 41116 of PL. 115-123 and section 101 (a), (b),
7and (h) of division U of P.L. 115-141 apply for taxable years beginning after
8December 31, 2018.
SB59,960 9Section 960. 71.42 (2p) of the statutes is created to read:
SB59,643,1110 71.42 (2p) For purposes of sub. (2) (b), 2013 stats., “ Internal Revenue Code”
11includes section 109 of division U of P.L. 115-141.
SB59,961 12Section 961. 71.45 (1t) (n) of the statutes is created to read:
SB59,643,1613 71.45 (1t) (n) Those issued by the Wisconsin Health and Educational Facilities
14Authority under s. 231.03 (6), if the bonds or notes are issued in an amount totaling
15$35,000,000 or less, and to the extent that the interest income received is not
16otherwise exempt under this subsection.
SB59,962 17Section 962. 71.45 (2) (a) 10. of the statutes is amended to read:
SB59,643,2418 71.45 (2) (a) 10. By adding to federal taxable income the amount of credit
19computed under s. 71.47 (1dm) to (1dy), (3g), (3h), (3n), (3p), (3q), (3r), (3rm), (3rn),
20(3w), (3y), (5e), (5f), (5g), (5h), (5i), (5j), (5k), (5r), (5rm), (6n), (8b), (8r), (9s), and (10)
21and not passed through by a partnership, limited liability company, or tax-option
22corporation that has added that amount to the partnership's, limited liability
23company's, or tax-option corporation's income under s. 71.21 (4) or 71.34 (1k) (g) and
24the amount of credit computed under s. 71.47 (1), (3), (3t), (4), (4m), and (5).
SB59,963 25Section 963. 71.45 (2) (a) 20. of the statutes is created to read:
SB59,644,5
171.45 (2) (a) 20. By adding to federal taxable income any amount deducted
2under the Internal Revenue Code as moving expenses, as defined in s. 71.01 (8j), paid
3or incurred during the taxable year to move the taxpayer's Wisconsin business
4operation, in whole or in part, to a location outside the state or to move the taxpayer's
5business operation outside the United States.
SB59,964 6Section 964. 71.47 (1dx) (a) 5. of the statutes is amended to read:
SB59,644,217 71.47 (1dx) (a) 5. “Member of a targeted group" means a person who resides
8in an area designated by the federal government as an economic revitalization area,
9a person who is employed in an unsubsidized job but meets the eligibility
10requirements under s. 49.145 (2) and (3) for a Wisconsin Works employment position,
11a person who is employed in a trial job, as defined in s. 49.141 (1) (n), 2011 stats., or
12in a trial employment match program job subsidized employment placement, as
13defined in s. 49.141 (1) (n) (Lm), a person who is eligible for child care assistance
14under s. 49.155, a person who is a vocational rehabilitation referral, an economically
15disadvantaged youth, an economically disadvantaged veteran, a supplemental
16security income recipient, a general assistance recipient, an economically
17disadvantaged ex-convict, a qualified summer youth employee, as defined in 26 USC
1851
(d) (7), a dislocated worker, as defined in 29 USC 2801 (9), or a food stamp
19recipient, if the person has been certified in the manner under s. 71.47 (1dj) (am) 3.,
202013 stats., by a designated local agency, as defined in s. 71.47 (1dj) (am) 2., 2013
21stats.
SB59,965 22Section 965. 71.47 (4) (k) 1. of the statutes is amended to read:
SB59,645,423 71.47 (4) (k) 1. The For taxable years beginning after December 31, 2017, and
24before January 1, 2020, the
amount of the claim not used to offset the tax due, not
25to exceed 10 percent of the allowable amount of the claim under par. (ad) 4., 5., or 6.,

1shall be certified by the department of revenue to the department of administration
2for payment by check, share draft, or other draft drawn from the appropriation
3account under s. 20.835 (2) (d). A person who is certified to claim tax benefits under
4s. 238.396 (3) or (3m) is not eligible to receive the payment under this subdivision.
SB59,966 5Section 966. 71.47 (4) (k) 1m. of the statutes is created to read:
SB59,645,126 71.47 (4) (k) 1m. For taxable years beginning after December 31, 2019, the
7amount of the claim not used to offset the tax due, not to exceed 20 percent of the
8allowable amount of the claim under par. (ad) 4., 5., or 6., shall be certified by the
9department of revenue to the department of administration for payment from the
10appropriation account under s. 20.835 (2) (d). A person who is certified to claim tax
11benefits under s. 238.396 (3) or (3m) is not eligible to receive the payment under this
12subdivision.
SB59,967 13Section 967. 71.47 (4) (k) 2. of the statutes is amended to read:
SB59,645,1914 71.47 (4) (k) 2. The amount of the claim not used to offset the tax due and not
15certified for payment under subd. 1. or 1m. may be carried forward and credited
16against Wisconsin income or franchise taxes otherwise due for the following 15
17taxable years to the extent not offset by these taxes otherwise due in all intervening
18years between the year in which the expense was incurred and the year in which the
19carry-forward credit is claimed.
SB59,968 20Section 968. 71.47 (6) (a) 3. of the statutes is amended to read:
SB59,646,921 71.47 (6) (a) 3. For taxable years beginning after December 31, 2013, and before
22January 1, 2019,
any person may claim as a credit against taxes otherwise due under
23s. 71.43, up to the amount of those taxes, an amount equal to 20 percent of the costs
24of qualified rehabilitation expenditures, as defined in section 47 (c) (2) of the Internal
25Revenue Code, for qualified rehabilitated buildings, as defined in section 47 (c) (1)

1of the Internal Revenue Code, on property located in this state, if the cost of the
2person's qualified rehabilitation expenditures is at least $50,000 and the
3rehabilitated property is placed in service after December 31, 2013, and regardless
4of whether the rehabilitated property is used for multiple or revenue-providing
5purposes. No credit may be claimed under this subdivision for property listed as a
6contributing building in the state register of historic places or in the national register
7of historic places and no credit may be claimed under this subdivision for nonhistoric,
8nonresidential property converted into housing if the property has been previously
9used for housing.
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