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AB68,1278 6Section 1278. 71.07 (3w) (bd) of the statutes is created to read:
AB68,848,107 71.07 (3w) (bd) Filing claims under post-2021 contracts; payroll. Subject to the
8limitations provided in this subsection and s. 238.399, a claimant whose contract is
9executed after December 31, 2021, may claim as a credit against the tax imposed
10under s. 71.02 an amount calculated as follows:
AB68,848,1111 1. Determine the amount that is the lesser of:
AB68,848,1812 a. The number of full-time employees whose annual wages are greater than
13$27,900 in a tier I county or municipality or greater than $37,000 in a tier II county
14or municipality and who the claimant employed in the enterprise zone in the taxable
15year, minus the number of full-time employees whose annual wages were greater
16than $27,900 in a tier I county or municipality or greater than $37,000 in a tier II
17county or municipality and who the claimant employed in the area that comprises
18the enterprise zone in the base year.
AB68,848,2419 b. The number of full-time employees whose annual wages are greater than
20$27,900 in a tier I county or municipality or greater than $37,000 in a tier II county
21or municipality and who the claimant employed in the state in the taxable year,
22minus the number of full-time employees whose annual wages were greater than
23$27,900 in a tier I county or municipality or greater than $37,000 in a tier II county
24or municipality and who the claimant employed in the state in the base year.
AB68,849,7
12. Determine the claimant's average zone payroll by dividing total wages for
2full-time employees whose annual wages are greater than $27,900 in a tier I county
3or municipality or greater than $37,000 in a tier II county or municipality and who
4the claimant employed in the enterprise zone in the taxable year by the number of
5full-time employees whose annual wages are greater than $27,900 in a tier I county
6or municipality or greater than $37,000 in a tier II county or municipality and who
7the claimant employed in the enterprise zone in the taxable year.
AB68,849,108 3. For employees in a tier I county or municipality, subtract $27,900 from the
9amount determined under subd. 2. and for employees in a tier II county or
10municipality, subtract $37,000 from the amount determined under subd. 2.
AB68,849,1211 4. Multiply the amount determined under subd. 3. by the amount determined
12under subd. 1.
AB68,849,1413 5. Multiply the amount determined under subd. 4. by the percentage
14determined by under s. 238.399, not to exceed 7 percent.
AB68,1279 15Section 1279. 71.07 (3w) (bm) 1. of the statutes is amended to read:
AB68,850,216 71.07 (3w) (bm) 1. In addition to the credits under par. pars. (b) and (bd) and
17subds. 2., 3., and 4. to 5., and subject to the limitations provided in this subsection
18and s. 238.399 or s. 560.799, 2009 stats., a claimant may claim as a credit against the
19tax imposed under s. 71.02 or 71.08 an amount equal to a percentage, as determined
20under s. 238.399 or s. 560.799, 2009 stats., not to exceed 100 percent, of the amount
21the claimant paid in the taxable year to upgrade or improve the job-related skills of
22any of the claimant's full-time employees, to train any of the claimant's full-time
23employees on the use of job-related new technologies, or to provide job-related
24training to any full-time employee whose employment with the claimant represents

1the employee's first full-time job. This subdivision does not apply to employees who
2do not work in an enterprise zone.
AB68,1280 3Section 1280. 71.07 (3w) (bm) 2. of the statutes is renumbered 71.07 (3w) (bm)
42. (intro.) and amended to read:
AB68,850,85 71.07 (3w) (bm) 2. (intro.) In addition to the credits under par. pars. (b) and (bd)
6and subds. 1., 3., and 4., and 5., and subject to the limitations provided in this
7subsection and s. 238.399 or s. 560.799, 2009 stats., a claimant may claim as a credit
8against the tax imposed under s. 71.02 or 71.08 one of the following amounts:
AB68,850,20 9a. For a claimant whose contract is executed prior to January 1, 2022, an
10amount equal to the percentage, as determined under s. 238.399 or s. 560.799, 2009
11stats., not to exceed 7 percent, of the claimant's zone payroll paid in the taxable year
12to all of the claimant's full-time employees whose annual wages are greater than the
13amount determined by multiplying 2,080 by 150 percent of the federal minimum
14wage in a tier I county or municipality, not including the wages paid to the employees
15determined under par. (b) 1., or greater than $30,000 in a tier II county or
16municipality, not including the wages paid to the employees determined under par.
17(b) 1., and who the claimant employed in the enterprise zone in the taxable year, if
18the total number of such employees is equal to or greater than the total number of
19such employees in the base year. A claimant may claim a credit under this
20subdivision for no more than 5 consecutive taxable years.
AB68,1281 21Section 1281. 71.07 (3w) (bm) 2. b. of the statutes is created to read:
AB68,851,622 71.07 (3w) (bm) 2. b. For a claimant whose contract is executed after December
2331, 2021, an amount equal to the percentage, as determined under s. 238.399, not to
24exceed 7 percent, of the claimant's zone payroll paid in the taxable year to all of the
25claimant's full-time employees whose annual wages are greater than $27,900 in a

1tier I county or municipality, not including the wages paid to the employees
2determined under par. (bd) 1., or greater than $37,000 in a tier II county or
3municipality, not including the wages paid to the employees determined under par.
4(bd) 1., and who the claimant employed in the enterprise zone in the taxable year, if
5the total number of such employees is equal to or greater than the total number of
6such employees in the base year.
AB68,1282 7Section 1282. 71.07 (3w) (bm) 3. of the statutes is amended to read:
AB68,851,138 71.07 (3w) (bm) 3. In addition to the credits under par. pars. (b) and (bd) and
9subds. 1., 2., and 4., and 5., and subject to the limitations provided in this subsection
10and s. 238.399 or s. 560.799, 2009 stats., for taxable years beginning after December
1131, 2008, a claimant may claim as a credit against the tax imposed under s. 71.02 or
1271.08 up to 10 percent of the claimant's significant capital expenditures, as
13determined under s. 238.399 (5m) or s. 560.799 (5m), 2009 stats.
AB68,1283 14Section 1283. 71.07 (3w) (bm) 4. of the statutes is amended to read:
AB68,851,2315 71.07 (3w) (bm) 4. In addition to the credits under par. pars. (b) and (bd) and
16subds. 1., 2., and 3., and 5., and subject to the limitations provided in this subsection
17and s. 238.399 or s. 560.799, 2009 stats., for taxable years beginning after December
1831, 2009, a claimant may claim as a credit against the tax imposed under s. 71.02 or
1971.08, up to 1 percent of the amount that the claimant paid in the taxable year to
20purchase tangible personal property, items, property, or goods under s. 77.52 (1) (b),
21(c), or (d), or services from Wisconsin vendors, as determined under s. 238.399 (5) (e)
22or s. 560.799 (5) (e), 2009 stats., except that the claimant may not claim the credit
23under this subdivision and subd. 3. for the same expenditures.
AB68,1284 24Section 1284. 71.07 (3w) (bm) 5. of the statutes is renumbered 71.07 (3w) (bm)
255. (intro.) and amended to read:
AB68,852,7
171.07 (3w) (bm) 5. (intro.) In addition to the credits under par. pars. (b) and (bd)
2and subds. 1. to 4., and subject to the limitations provided in this subsection and s.
3238.399 or s. 560.799, 2009 stats., a claimant that has retained the minimum number
4of full-time employees determined under s. 238.399 (5) (f) and maintained average
5zone payroll for the taxable year equal to or greater than the base year may claim
6as a credit against the tax imposed under s. 71.02 or 71.08 one of the following
7amounts:
AB68,852,17 8a. For a claimant whose contract is executed prior to January 1, 2022, an
9amount equal to the percentage, as determined by the Wisconsin Economic
10Development Corporation, of the claimant's zone payroll paid in the 12 months prior
11to the certification date to the claimant's full-time employees in the enterprise zone
12whose annual wages are greater than the amount determined by multiplying 2,080
13by 150 percent of the federal minimum wage in a tier I county or municipality or
14greater than $30,000 in a tier II county or municipality. The amount that the
15claimant may claim as credit under this subdivision for a taxable year shall not
16exceed $2,000,000. A claimant may claim a credit under this subdivision for no more
17than 5 consecutive taxable years.
AB68,1285 18Section 1285. 71.07 (3w) (bm) 5. b. of the statutes is created to read:
AB68,852,2419 71.07 (3w) (bm) 5. b. For a claimant whose contract is executed after December
2031, 2021, an amount equal to the percentage, as determined by the Wisconsin
21Economic Development Corporation, of the claimant's zone payroll paid in the 12
22months prior to the certification date to the claimant's full-time employees in the
23enterprise zone whose annual wages are greater than $27,900 in a tier I county or
24municipality or greater than $37,000 in a tier II county or municipality.
AB68,1286
1Section 1286. 71.07 (3w) (c) 2. of the statutes is renumbered 71.07 (3w) (c) 2.
2a. and amended to read:
AB68,853,113 71.07 (3w) (c) 2. a. Partnerships Except as provided in subd. 2. b., partnerships,
4limited liability companies, and tax-option corporations may not claim the credit
5under this subsection, but the eligibility for, and the amount of, the credit are based
6on their payment of amounts described under pars. (b) and (bm). A partnership,
7limited liability company, or tax-option corporation shall compute the amount of
8credit that each of its partners, members, or shareholders may claim and shall
9provide that information to each of them. Partners, members of limited liability
10companies, and shareholders of tax-option corporations may claim the credit in
11proportion to their ownership interests.
AB68,1287 12Section 1287. 71.07 (3w) (c) 2. b. of the statutes is created to read:
AB68,853,2513 71.07 (3w) (c) 2. b. For taxable years beginning after December 31, 2021,
14partnerships, limited liability companies, and tax-option corporations may elect to
15claim the credit under this subsection, if the credit results from a contract entered
16into with the Wisconsin Economic Development Corporation before December 22,
172017. A partnership, limited liability company, or tax-option corporation that
18wishes to make the election under this subd. 2. b. shall make the election for each
19taxable year on its original return and may not subsequently make or revoke the
20election. If a partnership, limited liability company, or tax-option corporation elects
21to claim the credit under this subsection, the partners, members, and shareholders
22may not claim the credit under this subsection. The credit may not be claimed under
23this subd. 2. b. if one or more partners, members, or shareholders have claimed the
24credit under this subsection for the same taxable year for which the credit is claimed
25under this subd. 2. b.
AB68,1288
1Section 1288. 71.07 (3w) (c) 5. of the statutes is created to read:
AB68,854,32 71.07 (3w) (c) 5. A claimant may claim a credit under par. (bm) 2. for no more
3than 5 consecutive taxable years.
AB68,1289 4Section 1289. 71.07 (3w) (c) 6. of the statutes is created to read:
AB68,854,75 71.07 (3w) (c) 6. The amount that the claimant may claim as credit under par.
6(bm) 5. for a taxable year may not exceed $2,000,000. A claimant may claim a credit
7under par. (bm) 5. for no more than 5 consecutive taxable years.
AB68,1290 8Section 1290. 71.07 (3w) (cm) of the statutes is created to read:
AB68,854,199 71.07 (3w) (cm) Inflation adjustments. For taxable years beginning after
10December 31, 2022, the dollar amounts in pars. (a) 6. b., (bd) 1. a. and b., 2., and 3.,
11and (bm) 2. b. and 5. b. shall be increased each year by a percentage equal to the
12percentage change between the U.S. consumer price index for all urban consumers,
13U.S. city average, for the month of August of the previous year and the U.S. consumer
14price index for all urban consumers, U.S. city average, for the month of August of the
15year before the previous year, as determined by the federal department of labor.
16Each amount that is revised under this paragraph shall be rounded to the nearest
17multiple of $10 if the revised amount is not a multiple of $10 or, if the revised amount
18is a multiple of $5, such an amount shall be increased to the next higher multiple of
19$10.
AB68,1291 20Section 1291. 71.07 (3y) (b) 5. of the statutes is amended to read:
AB68,855,221 71.07 (3y) (b) 5. An amount, as determined by the Wisconsin Economic
22Development Corporation under s. 238.308 (4) (a) 5., equal to a percentage of the
23amount of wages that the claimant paid to an eligible employee in the taxable year
24if the position in which the eligible employee was employed was created or retained
25in connection with the claimant's location or retention of the claimant's corporate

1headquarters in Wisconsin and the job duties associated with the eligible employee's
2position involve the performance of corporate headquarters functions
.
AB68,1292 3Section 1292. 71.07 (3y) (b) 6. of the statutes is created to read:
AB68,855,74 71.07 (3y) (b) 6. An amount, as determined by the Wisconsin Economic
5Development Corporation under s. 238.308 (4) (a) 6., equal to a percentage, not to
6exceed 25 percent, of the claimant's energy efficiency or renewable energy project
7expenditures on real or personal property located in this state.
AB68,1293 8Section 1293. 71.07 (3y) (c) 1. of the statutes is renumbered 71.07 (3y) (c) 1.
9a. and amended to read:
AB68,855,1810 71.07 (3y) (c) 1. a. Partnerships Except as provided in subd. 1. b., partnerships,
11limited liability companies, and tax-option corporations may not claim the credit
12under this subsection, but the eligibility for, and the amount of, the credit are based
13on their payment of amounts under par. (b). A partnership, limited liability company,
14or tax-option corporation shall compute the amount of credit that each of its
15partners, members, or shareholders may claim and shall provide that information
16to each of them. Partners, members of limited liability companies, and shareholders
17of tax-option corporations may claim the credit in proportion to their ownership
18interests.
AB68,1294 19Section 1294. 71.07 (3y) (c) 1. b. of the statutes is created to read:
AB68,856,720 71.07 (3y) (c) 1. b. For taxable years beginning after December 31, 2021,
21partnerships, limited liability companies, and tax-option corporations may elect to
22claim the credit under this subsection, if the credit results from a contract entered
23into with the Wisconsin Economic Development Corporation before December 22,
242017. A partnership, limited liability company, or tax-option corporation that
25wishes to make the election under this subd. 1. b. shall make the election for each

1taxable year on its original return and may not subsequently make or revoke the
2election. If a partnership, limited liability company, or tax-option corporation elects
3to claim the credit under this subsection, the partners, members, and shareholders
4may not claim the credit under this subsection. The credit may not be claimed under
5this subd. 1. b. if one or more partners, members, or shareholders have claimed the
6credit under this subsection for the same taxable year for which the credit is claimed
7under this subd. 1. b.
AB68,1295 8Section 1295. 71.07 (4k) (e) 2. a. of the statutes is amended to read:
AB68,856,189 71.07 (4k) (e) 2. a. The For taxable years beginning before January 1, 2021, the
10amount of the claim not used to offset the tax due, not to exceed 10 percent of the
11allowable amount of the claim under par. (b) 4., 5., or 6., shall be certified by the
12department of revenue to the department of administration for payment by check,
13share draft, or other draft drawn from the appropriation account under s. 20.835 (2)
14(d). For taxable years beginning after December 31, 2020, the amount of the claim
15not used to offset the tax due, not to exceed 20 percent of the allowable amount of the
16claim under par. (b) 4., 5., or 6., shall be certified by the department of revenue to the
17department of administration for payment by check, share draft, or other draft
18drawn from the appropriation account under s. 20.835 (2) (d).
AB68,1296 19Section 1296 . 71.07 (4t) of the statutes is created to read:
AB68,856,2020 71.07 (4t) Work opportunity tax credit. (a) Definitions. In this subsection:
AB68,856,2221 1. “Claimant” means a person who is an employer of a targeted group member
22and who files a claim under this subsection.
AB68,856,2423 2. “Targeted group member” means an individual who performs services for the
24claimant in this state and who is a member of a targeted group under 26 USC 51 (d).
AB68,857,3
1(b) Filing claims. For taxable years beginning after December 31, 2020, a
2claimant may claim as a credit against the taxes imposed under s. 71.02, up to the
3amount of the tax, the following amounts:
AB68,857,64 1. An amount equal to 20 percent of the qualified first-year wages, as defined
5in 26 USC 51 (b) (2), paid during the taxable year to a targeted group member who
6has performed at least 400 hours of services for the claimant in this state.
AB68,857,107 2. An amount equal to 12.5 percent of the qualified first-year wages, as defined
8in 26 USC 51 (b) (2), paid during the taxable year to a targeted group member who
9has performed at least 120 hours, but less than 400 hours, of services for the claimant
10in this state.
AB68,857,1411 3. An amount equal to 25 percent of the qualified 2nd-year wages, as defined
12in 26 USC 51 (e) (2), paid during the taxable year to a long-term family assistance
13recipient, as defined in 26 USC 51 (d) (10), who has performed at least 400 hours of
14services for the claimant in this state.
AB68,857,1715 (c) Limitations. 1. The wages for which a credit may be claimed under par. (b)
16may not exceed the applicable threshold in 26 USC 51 (b) (3), (d) (7) (B) (ii), or (e) (1)
17(B) and may not be paid for services performed outside this state.
AB68,857,1918 2. A credit under this subsection shall be claimed at the same time as the credit
19under 26 USC 51.
AB68,857,21203. The requirements and limitations in 26 USC 51 (d) (13), (f), (i), and (k) shall
21apply to the credit under this subsection.
AB68,858,322 4. Partnerships, limited liability companies, and tax-option corporations may
23not claim the credit under this subsection, but the eligibility for, and the amount of,
24the credit are based on their payment of the wages under par. (b). A partnership,
25limited liability company, or tax-option corporation shall compute the amount of

1credit that each of its partners, members, or shareholders may claim and shall
2provide that information to each of them. The partners, members, and shareholders
3may claim the credit in proportion to their ownership interests.
AB68,858,54 (d) Administration. Section 71.28 (4) (e) to (h), as it applies to the credit under
5s. 71.28 (4), applies to the credit under this subsection.
AB68,1297 6Section 1297 . 71.07 (5) (a) 15. of the statutes is amended to read:
AB68,858,127 71.07 (5) (a) 15. The amount claimed as a deduction for medical care insurance
8under section 213 of the Internal Revenue Code that is exempt from taxation under
9s. 71.05 (6) (b) 17. to 20 19., 35., 36., 37., 38., 39., 40., 41., and 42. and the amount
10claimed as a deduction for a long-term care insurance policy under section 213 (d)
11(1) (D) of the Internal Revenue Code, as defined in section 7702B (b) of the Internal
12Revenue Code that is exempt from taxation under s. 71.05 (6) (b) 26.
AB68,1298 13Section 1298 . 71.07 (5m) (a) 3. of the statutes is amended to read:
AB68,858,1514 71.07 (5m) (a) 3. “Household" means a claimant and an individual related to
15the claimant as husband or wife his or her spouse.
AB68,1299 16Section 1299. 71.07 (5n) (d) 2. of the statutes is amended to read:
AB68,858,2217 71.07 (5n) (d) 2. For Except as provided in subd. 2m., for purposes of
18determining a claimant's eligible qualified production activities income under this
19subsection, the claimant shall multiply the claimant's qualified production activities
20income from property manufactured by the claimant by the manufacturing property
21factor and qualified production activities income from property produced, grown, or
22extracted by the claimant by the agriculture property factor.
AB68,1300 23Section 1300. 71.07 (5n) (d) 2m. of the statutes is created to read:
AB68,859,324 71.07 (5n) (d) 2m. For taxable years beginning after December 31, 2020, for
25purposes of determining a claimant's eligible qualified production activities income

1from manufacturing under this subsection, the claimant shall multiply the
2claimant's qualified production activities income, not exceeding $300,000, from
3property manufactured by the claimant by the manufacturing property factor.
AB68,1301 4Section 1301 . 71.07 (6e) (a) 6. of the statutes is created to read:
AB68,859,65 71.07 (6e) (a) 6. “Rent constituting property taxes" has the meaning given in
6sub. (9) (a) 4.
AB68,1302 7Section 1302. 71.07 (6e) (b) of the statutes is amended to read:
AB68,859,158 71.07 (6e) (b) Filing claims. Subject to the limitations provided in this
9subsection, a claimant may claim as a credit against the tax imposed under s. 71.02
10the amount of the claimant's property taxes or rent constituting property taxes. If
11the allowable amount of the claim exceeds the income taxes otherwise due on the
12claimant's income, the amount of the claim not used as an offset against those taxes
13shall be certified by the department of revenue to the department of administration
14for payment to the claimant by check, share draft, or other draft from the
15appropriation under s. 20.835 (2) (em).
AB68,1303 16Section 1303. 71.07 (6e) (c) 3. of the statutes is amended to read:
AB68,859,2217 71.07 (6e) (c) 3. If an eligible veteran and an eligible spouse file separate
18returns, each spouse may claim a credit under this subsection for property taxes
19based on their respective ownership interest in the eligible veteran's principal
20dwelling or for rent constituting property taxes based on 50 percent of the total rent
21constituting property taxes paid during the taxable year for the eligible veteran's
22principal dwelling
.
AB68,1304 23Section 1304. 71.07 (8b) (a) 5. of the statutes is amended to read:
AB68,860,324 71.07 (8b) (a) 5. “Credit period” means the period of 6 10 taxable years
25beginning with the taxable year in which a qualified development is placed in

1service. For purposes of this subdivision, if a qualified development consists of more
2than one building, the qualified development is placed in service in the taxable year
3in which the last building of the qualified development is placed in service.
AB68,1305 4Section 1305. 71.07 (8b) (a) 7. of the statutes is amended to read:
AB68,860,145 71.07 (8b) (a) 7. “Qualified development” means a qualified low-income
6housing project under section 42 (g) of the Internal Revenue Code that is financed
7with tax-exempt bonds, pursuant to section 42 (i) (2) described in section 42 (h) (4)
8(A)
of the Internal Revenue Code, allocated the credit under section 42 of the Internal
9Revenue Code,
and located in this state; except that the authority may waive, in the
10qualified allocation plan under section 42 (m) (1) (B) of the Internal Revenue Code,
11the requirements of tax-exempt bond financing and federal credit allocation to the
12extent the authority anticipates that sufficient volume cap under section 146 of the
13Internal Revenue Code will not be available to finance low-income housing projects
14in any year
.
AB68,1306 15Section 1306 . 71.07 (8m) of the statutes is created to read:
AB68,860,1716 71.07 (8m) Flood insurance premiums credit. (a) Definition. In this
17subsection:
AB68,860,1818 1. “Claimant" means an individual who files a claim under this subsection.
AB68,860,2019 2. “Flood insurance" means a flood insurance policy that covers the principal
20dwelling of the claimant.
AB68,861,221 (b) Filing claims. Subject to the limitations provided in this subsection, for
22taxable years beginning after December 31, 2020, a claimant may claim as a credit
23against the tax imposed under s. 71.02, up to the amount of those taxes, an amount
24equal to 10 percent of the amount of the premiums the claimant paid in the taxable

1year for flood insurance, but the amount of the credit may not exceed $60 in any
2taxable year.
AB68,861,43 (c) Limitations. 1. No credit may be claimed under this subsection by a
4part-year resident or a nonresident of this state.
AB68,861,65 2. No credit may be allowed under this subsection unless it is claimed within
6the period specified in s. 71.75 (2).
AB68,861,97 3. No credit may be allowed under this subsection for a taxable year covering
8a period of less than 12 months, except for a taxable year closed by reason of the death
9of the taxpayer.
AB68,861,1110 (d) Administration. Subsection (9e) (d), to the extent that it applies to the credit
11under that subsection, applies to the credit under this subsection.
AB68,1307 12Section 1307 . 71.07 (8p) of the statutes is created to read:
AB68,861,1313 71.07 (8p) Family caregiver tax credit. (a) Definitions. In this subsection:
AB68,861,1514 1. “Claimant" means an individual who files a claim under this subsection for
15amounts paid for qualified expenses to benefit a qualified family member.
AB68,861,1616 2. “Physician” has the meaning given in s. 36.60 (1) (b).
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