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AB68,887,4
171.47 (3w) (a) 1. b. For a claimant whose contract with the Wisconsin Economic
2Development Corporation under s. 238.399 is executed after December 31, 2021,
3“base year” means the 12-month period prior to the date on which the claimant was
4certified under s. 238.399 (5).
AB68,1360 5Section 1360. 71.47 (3w) (a) 2m. of the statutes is created to read:
AB68,887,76 71.47 (3w) (a) 2m. “Contract” means a contract between the claimant and
7Wisconsin Economic Development Corporation under s. 238.399.
AB68,1361 8Section 1361. 71.47 (3w) (a) 6. of the statutes is renumbered 71.47 (3w) (a) 6.
9a. and amended to read:
AB68,887,1310 71.47 (3w) (a) 6. a. “Zone payroll" means the amount of state payroll that is
11attributable to wages paid to full-time employees for services that are performed in
12an enterprise zone. “Zone Except as provided in subd. 6. b., “zone payroll" does not
13include the amount of wages paid to any full-time employees that exceeds $100,000.
AB68,1362 14Section 1362. 71.47 (3w) (a) 6. b. of the statutes is created to read:
AB68,887,1715 71.47 (3w) (a) 6. b. For a claimant whose contract is executed after December
1631, 2021, “zone payroll" does not include the amount of wages paid to any full-time
17employees that exceeds $123,000.
AB68,1363 18Section 1363. 71.47 (3w) (b) (intro.) of the statutes is amended to read:
AB68,887,2219 71.47 (3w) (b) Filing claims under pre-2022 contracts; payroll. (intro.) Subject
20to the limitations provided in this subsection and s. 238.399 or s. 560.799, 2009 stats.,
21a claimant whose contract is executed prior to January 1, 2022, may claim as a credit
22against the tax imposed under s. 71.43 an amount calculated as follows:
AB68,1364 23Section 1364. 71.47 (3w) (bd) of the statutes is created to read:
AB68,888,224 71.47 (3w) (bd) Filing claims under post-2021 contracts; payroll. Subject to the
25limitations provided in this subsection and s. 238.399, a claimant whose contract is

1executed after December 31, 2021, may claim as a credit against the tax imposed
2under s. 71.43 an amount calculated as follows:
AB68,888,33 1. Determine the amount that is the lesser of:
AB68,888,104 a. The number of full-time employees whose annual wages are greater than
5$27,900 in a tier I county or municipality or greater than $37,000 in a tier II county
6or municipality and who the claimant employed in the enterprise zone in the taxable
7year, minus the number of full-time employees whose annual wages were greater
8than $27,900 in a tier I county or municipality or greater than $37,000 in a tier II
9county or municipality and who the claimant employed in the area that comprises
10the enterprise zone in the base year.
AB68,888,1611 b. The number of full-time employees whose annual wages are greater than
12$27,900 in a tier I county or municipality or greater than $37,000 in a tier II county
13or municipality and who the claimant employed in the state in the taxable year,
14minus the number of full-time employees whose annual wages were greater than
15$27,900 in a tier I county or municipality or greater than $37,000 in a tier II county
16or municipality and who the claimant employed in the state in the base year.
AB68,888,2317 2. Determine the claimant's average zone payroll by dividing total wages for
18full-time employees whose annual wages are greater than $27,900 in a tier I county
19or municipality or greater than $37,000 in a tier II county or municipality and who
20the claimant employed in the enterprise zone in the taxable year by the number of
21full-time employees whose annual wages are greater than $27,900 or greater than
22$37,000 in a tier II county or municipality and who the claimant employed in the
23enterprise zone in the taxable year.
AB68,889,3
13. For employees in a tier I county or municipality, subtract $27,900 from the
2amount determined under subd. 2. and for employees in a tier II county or
3municipality, subtract $37,000 from the amount determined under subd. 2.
AB68,889,54 4. Multiply the amount determined under subd. 3. by the amount determined
5under subd. 1.
AB68,889,76 5. Multiply the amount determined under subd. 4. by the percentage
7determined under s. 238.399, not to exceed 7 percent.
AB68,1365 8Section 1365. 71.47 (3w) (bm) 1. of the statutes is amended to read:
AB68,889,199 71.47 (3w) (bm) 1. In addition to the credits under par. pars. (b) and (bd) and
10subds. 2., 3., and 4., and subject to the limitations provided in this subsection and s.
11238.399 or s. 560.799, 2009 stats., a claimant may claim as a credit against the tax
12imposed under s. 71.43 an amount equal to a percentage, as determined under s.
13238.399 or s. 560.799, 2009 stats., not to exceed 100 percent, of the amount the
14claimant paid in the taxable year to upgrade or improve the job-related skills of any
15of the claimant's full-time employees, to train any of the claimant's full-time
16employees on the use of job-related new technologies, or to provide job-related
17training to any full-time employee whose employment with the claimant represents
18the employee's first full-time job. This subdivision does not apply to employees who
19do not work in an enterprise zone.
AB68,1366 20Section 1366. 71.47 (3w) (bm) 2. of the statutes is renumbered 71.47 (3w) (bm)
212. (intro.) and amended to read:
AB68,889,2522 71.47 (3w) (bm) 2. (intro.) In addition to the credits under par. pars. (b) and (bd)
23and subds. 1., 3., and 4., and subject to the limitations provided in this subsection and
24s. 238.399 or s. 560.799, 2009 stats., a claimant may claim as a credit against the tax
25imposed under s. 71.43 one of the following amounts:
AB68,890,12
1a. For a claimant whose contract is executed prior to January 1, 2022, an
2amount equal to the percentage, as determined under s. 238.399 or s. 560.799, 2009
3stats., not to exceed 7 percent, of the claimant's zone payroll paid in the taxable year
4to all of the claimant's full-time employees whose annual wages are greater than the
5amount determined by multiplying 2,080 by 150 percent of the federal minimum
6wage in a tier I county or municipality, not including the wages paid to the employees
7determined under par. (b) 1., or greater than $30,000 in a tier II county or
8municipality, not including the wages paid to the employees determined under par.
9(b) 1., and who the claimant employed in the enterprise zone in the taxable year, if
10the total number of such employees is equal to or greater than the total number of
11such employees in the base year. A claimant may claim a credit under this
12subdivision for no more than 5 consecutive taxable years.
AB68,1367 13Section 1367. 71.47 (3w) (bm) 2. b. of the statutes is created to read:
AB68,890,2314 71.47 (3w) (bm) 2. b. For a claimant whose contract is executed after December
1531, 2021, an amount equal to the percentage, as determined under s. 238.399, not to
16exceed 7 percent, of the claimant's zone payroll paid in the taxable year to all of the
17claimant's full-time employees whose annual wages are greater than $27,900 in a
18tier I county or municipality, not including the wages paid to the employees
19determined under par. (bd) 1., or greater than $37,000 in a tier II county or
20municipality, not including the wages paid to the employees determined under par.
21(bd) 1., and who the claimant employed in the enterprise zone in the taxable year, if
22the total number of such employees is equal to or greater than the total number of
23such employees in the base year.
AB68,1368 24Section 1368. 71.47 (3w) (bm) 3. of the statutes is amended to read:
AB68,891,6
171.47 (3w) (bm) 3. In addition to the credits under par. pars. (b) and (bd) and
2subds. 1., 2., and 4., and subject to the limitations provided in this subsection and s.
3238.399 or s. 560.799, 2009 stats., for taxable years beginning after December 31,
42008, a claimant may claim as a credit against the tax imposed under s. 71.43 up to
510 percent of the claimant's significant capital expenditures, as determined under
6s. 238.399 (5m) or s. 560.799 (5m), 2009 stats.
AB68,1369 7Section 1369. 71.47 (3w) (bm) 4. of the statutes is amended to read:
AB68,891,168 71.47 (3w) (bm) 4. In addition to the credits under par. pars. (b) and (bd) and
9subds. 1., 2., and 3., and subject to the limitations provided in this subsection and s.
10238.399 or s. 560.799, 2009 stats., for taxable years beginning after December 31,
112009, a claimant may claim as a credit against the tax imposed under s. 71.43, up to
121 percent of the amount that the claimant paid in the taxable year to purchase
13tangible personal property, items, property, or goods under s. 77.52 (1) (b), (c), or (d),
14or services from Wisconsin vendors, as determined under s. 238.399 (5) (e) or s.
15560.799 (5) (e), 2009 stats., except that the claimant may not claim the credit under
16this subdivision and subd. 3. for the same expenditures.
AB68,1370 17Section 1370. 71.47 (3w) (c) 2. of the statutes is renumbered 71.47 (3w) (c) 2.
18a. and amended to read:
AB68,892,219 71.47 (3w) (c) 2. a. Partnerships Except as provided in subd. 2. b., partnerships,
20limited liability companies, and tax-option corporations may not claim the credit
21under this subsection, but the eligibility for, and the amount of, the credit are based
22on their payment of amounts described under pars. (b) and (bm). A partnership,
23limited liability company, or tax-option corporation shall compute the amount of
24credit that each of its partners, members, or shareholders may claim and shall
25provide that information to each of them. Partners, members of limited liability

1companies, and shareholders of tax-option corporations may claim the credit in
2proportion to their ownership interests.
AB68,1371 3Section 1371. 71.47 (3w) (c) 2. b. of the statutes is created to read:
AB68,892,164 71.47 (3w) (c) 2. b. For taxable years beginning after December 31, 2021,
5partnerships, limited liability companies, and tax-option corporations may elect to
6claim the credit under this subsection, if the credit results from a contract entered
7into with the Wisconsin Economic Development Corporation before December 22,
82017. A partnership, limited liability company, or tax-option corporation that
9wishes to make the election under this subd. 2. b. shall make the election for each
10taxable year on its original return and may not subsequently make or revoke the
11election. If a partnership, limited liability company, or tax-option corporation elects
12to claim the credit under this subsection, the partners, members, and shareholders
13may not claim the credit under this subsection. The credit may not be claimed under
14this subd. 2. b. if one or more partners, members, or shareholders have claimed the
15credit under this subsection for the same taxable year for which the credit is claimed
16under this subd. 2. b.
AB68,1372 17Section 1372. 71.47 (3w) (c) 5. of the statutes is created to read:
AB68,892,1918 71.47 (3w) (c) 5. A claimant may claim a credit under par. (bm) 2. for no more
19than 5 consecutive taxable years.
AB68,1373 20Section 1373. 71.47 (3w) (cm) of the statutes is created to read:
AB68,893,521 71.47 (3w) (cm) Inflation adjustments. For taxable years beginning after
22December 31, 2022, the dollar amounts in pars. (a) 6. b., (bd) 1. a. and b., 2., and 3.,
23and (bm) 2. b. shall be increased each year by a percentage equal to the percentage
24change between the U.S. consumer price index for all urban consumers, U.S. city
25average, for the month of August of the previous year and the U.S. consumer price

1index for all urban consumers, U.S. city average, for the month of August of the year
2before the previous year, as determined by the federal department of labor. Each
3amount that is revised under this paragraph shall be rounded to the nearest multiple
4of $10 if the revised amount is not a multiple of $10 or, if the revised amount is a
5multiple of $5, such an amount shall be increased to the next higher multiple of $10.
AB68,1374 6Section 1374. 71.47 (3y) (b) 5. of the statutes is amended to read:
AB68,893,137 71.47 (3y) (b) 5. An amount, as determined by the Wisconsin Economic
8Development Corporation under s. 238.308 (4) (a) 5., equal to a percentage of the
9amount of wages that the claimant paid to an eligible employee in the taxable year
10if the position in which the eligible employee was employed was created or retained
11in connection with the claimant's location or retention of the claimant's corporate
12headquarters in Wisconsin and the job duties associated with the eligible employee's
13position involve the performance of corporate headquarters functions
.
AB68,1375 14Section 1375. 71.47 (3y) (b) 6. of the statutes is created to read:
AB68,893,1815 71.47 (3y) (b) 6. An amount, as determined by the Wisconsin Economic
16Development Corporation under s. 238.308 (4) (a) 6., equal to a percentage, not to
17exceed 25 percent, of the claimant's energy efficiency or renewable energy project
18expenditures on real or personal property located in this state.
AB68,1376 19Section 1376. 71.47 (3y) (c) 1. of the statutes is renumbered 71.47 (3y) (c) 1.
20a. and amended to read:
AB68,894,421 71.47 (3y) (c) 1. a. Partnerships Except as provided in subd. 1. b., partnerships,
22limited liability companies, and tax-option corporations may not claim the credit
23under this subsection, but the eligibility for, and the amount of, the credit are based
24on their payment of amounts under par. (b). A partnership, limited liability company,
25or tax-option corporation shall compute the amount of credit that each of its

1partners, members, or shareholders may claim and shall provide that information
2to each of them. Partners, members of limited liability companies, and shareholders
3of tax-option corporations may claim the credit in proportion to their ownership
4interests.
AB68,1377 5Section 1377. 71.47 (3y) (c) 1. b. of the statutes is created to read:
AB68,894,186 71.47 (3y) (c) 1. b. For taxable years beginning after December 31, 2021,
7partnerships, limited liability companies, and tax-option corporations may elect to
8claim the credit under this subsection, if the credit results from a contract entered
9into with the Wisconsin Economic Development Corporation before December 22,
102017. A partnership, limited liability company, or tax-option corporation that
11wishes to make the election under this subd. 1. b. shall make the election for each
12taxable year on its original return and may not subsequently make or revoke the
13election. If a partnership, limited liability company, or tax-option corporation elects
14to claim the credit under this subsection, the partners, members, and shareholders
15may not claim the credit under this subsection. The credit may not be claimed under
16this subd. 1. b. if one or more partners, members, or shareholders have claimed the
17credit under this subsection for the same taxable year for which the credit is claimed
18under this subd. 1. b.
AB68,1378 19Section 1378. 71.47 (4) (k) 1. of the statutes is renumbered 71.47 (4) (k) 1. a.
20and amended to read:
AB68,895,221 71.47 (4) (k) 1. a. The For taxable years beginning before January 1, 2021, the
22amount of the claim not used to offset the tax due, not to exceed 10 percent of the
23allowable amount of the claim under par. (ad) 4., 5., or 6., shall be certified by the
24department of revenue to the department of administration for payment by check,

1share draft, or other draft drawn from the appropriation account under s. 20.835 (2)
2(d).
AB68,1379 3Section 1379. 71.47 (4) (k) 1. b. of the statutes is created to read:
AB68,895,94 71.47 (4) (k) 1. b. For taxable years beginning after December 31, 2020, 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 by check,
8share draft, or other draft drawn from the appropriation account under s. 20.835 (2)
9(d).
AB68,1380 10Section 1380 . 71.47 (4t) of the statutes is created to read:
AB68,895,1111 71.47 (4t) Work opportunity tax credit. (a) Definitions. In this subsection:
AB68,895,1312 1. “Claimant” means a person who is an employer of a targeted group member
13and who files a claim under this subsection.
AB68,895,1514 2. “Targeted group member” means an individual who performs services for the
15claimant in this state and who is a member of a targeted group under 26 USC 51 (d).
AB68,895,1816 (b) Filing claims. For taxable years beginning after December 31, 2020, a
17claimant may claim as a credit against the taxes imposed under s. 71.43, up to the
18amount of the tax, the following amounts:
AB68,895,2119 1. An amount equal to 20 percent of the qualified first-year wages, as defined
20in 26 USC 51 (b) (2), paid during the taxable year to a targeted group member who
21has performed at least 400 hours of services for the claimant in this state.
AB68,895,2522 2. An amount equal to 12.5 percent of the qualified first-year wages, as defined
23in 26 USC 51 (b) (2), paid during the taxable year to a targeted group member who
24has performed at least 120 hours, but less than 400 hours, of services for the claimant
25in this state.
AB68,896,4
13. An amount equal to 25 percent of the qualified second-year wages, as defined
2in 26 USC 51 (e) (2), paid during the taxable year to a long-term family assistance
3recipient, as defined in 26 USC 51 (d) (10), who has performed at least 400 hours of
4services for the claimant in this state.
AB68,896,75 (c) Limitations. 1. The wages for which a credit may be claimed under par. (b)
6may not exceed the applicable threshold in 26 USC 51 (b) (3), (d) (7) (B) (ii), or (e) (1)
7(B) and may not be paid for services performed outside this state.
AB68,896,98 2. A credit under this subsection shall be claimed at the same time as the credit
9under 26 USC 51.
AB68,896,11103. The requirements and limitations in 26 USC 51 (d) (13), (f), (i), and (k) shall
11apply to the credit under this subsection.
AB68,896,1812 4. Partnerships, limited liability companies, and tax-option corporations may
13not claim the credit under this subsection, but the eligibility for, and the amount of,
14the credit are based on their payment of the wages under par. (b). A partnership,
15limited liability company, or tax-option corporation shall compute the amount of
16credit that each of its partners, members, or shareholders may claim and shall
17provide that information to each of them. The partners, members, and shareholders
18may claim the credit in proportion to their ownership interests.
AB68,896,2019 (d) Administration. Section 71.28 (4) (e) to (h), as it applies to the credit under
20s. 71.28 (4), applies to the credit under this subsection.
AB68,1381 21Section 1381. 71.47 (8b) (a) 5. of the statutes is amended to read:
AB68,897,222 71.47 (8b) (a) 5. “Credit period” means the period of 6 10 taxable years
23beginning with the taxable year in which a qualified development is placed in
24service. For purposes of this subdivision, if a qualified development consists of more

1than one building, the qualified development is placed in service in the taxable year
2in which the last building of the qualified development is placed in service.
AB68,1382 3Section 1382. 71.47 (8b) (a) 7. of the statutes is amended to read:
AB68,897,134 71.47 (8b) (a) 7. “Qualified development” means a qualified low-income
5housing project under section 42 (g) of the Internal Revenue Code that is financed
6with tax-exempt bonds, pursuant to section 42 (i) (2) described in section 42 (h) (4)
7(A)
of the Internal Revenue Code, allocated the credit under section 42 of the Internal
8Revenue Code,
and located in this state; except that the authority may waive, in the
9qualified allocation plan under section 42 (m) (1) (B) of the Internal Revenue Code,
10the requirements of tax-exempt bond financing and federal credit allocation to the
11extent the authority anticipates that sufficient volume cap under section 146 of the
12Internal Revenue Code will not be available to finance low-income housing projects
13in any year
.
AB68,1383 14Section 1383 . 71.49 (1) (ct) of the statutes is created to read:
AB68,897,1515 71.49 (1) (ct) Work opportunity tax credit under s. 71.47 (4t).
AB68,1384 16Section 1384 . 71.52 (4) of the statutes is amended to read:
AB68,897,1817 71.52 (4) “Household" means a claimant and an individual related to the
18claimant as husband or wife his or her spouse.
AB68,1385 19Section 1385. 71.54 (1) (g) (intro.) of the statutes is amended to read:
AB68,897,2220 71.54 (1) (g) 2012 and thereafter to 2020. (intro.) The amount of any claim filed
21in 2012 and thereafter to 2020 and based on property taxes accrued or rent
22constituting property taxes accrued during the previous year is limited as follows:
AB68,1386 23Section 1386. 71.54 (1) (g) 4. of the statutes is amended to read:
AB68,898,524 71.54 (1) (g) 4. Except as provided in subds. 5. and 7., for For claims filed in 2018
25and thereafter and based on property taxes accrued or rent constituting property

1taxes accrued during the previous year, no credit may be allowed under this
2paragraph if the claimant has no earned income in the taxable year to which the
3claim relates
unless the claimant is disabled and provides the proof required under
4subd. 6. or
the claimant or the claimant's spouse is over the age of 61 at the close of
5the year to which the claim relates.
AB68,1387 6Section 1387. 71.54 (1) (g) 5. of the statutes is repealed.
AB68,1388 7Section 1388. 71.54 (1) (g) 6. (intro.) of the statutes is amended to read:
AB68,898,118 71.54 (1) (g) 6. (intro.) With regard to a claimant who is disabled, the A claimant
9who is disabled shall provide with his or her return proof that his or her disability
10is in effect for the taxable year to which the claim relates. Proof of disability may be
11demonstrated by any of the following:
AB68,1389 12Section 1389. 71.54 (1) (g) 7. of the statutes is repealed.
AB68,1390 13Section 1390 . 71.54 (1) (h) of the statutes is created to read:
AB68,898,1614 71.54 (1) (h) 2021 and thereafter. Subject to sub. (2m), the amount of any claim
15filed in 2021 and thereafter and based on property taxes accrued or rent constituting
16property taxes accrued during the previous year is limited as follows:
AB68,898,1917 1. If the household income was $8,060 or less in the year to which the claim
18relates, the claim is limited to 80 percent of the property taxes accrued or rent
19constituting property taxes accrued or both in that year on the claimant's homestead.
AB68,898,2420 2. If the household income was more than $8,060 in the year to which the claim
21relates, the claim is limited to 80 percent of the amount by which the property taxes
22accrued or rent constituting property taxes accrued or both in that year on the
23claimant's homestead exceeds 6.655 percent of the household income exceeding
24$8,060.
AB68,898,2525 3. No credit may be allowed if the household income exceeds $30,000.
AB68,899,2
14. Notwithstanding the time limitations described in par. (g) (intro.), the
2provisions of par. (g) 4. apply to claims filed under this paragraph.
AB68,1391 3Section 1391. 71.54 (2) (b) 4. of the statutes is amended to read:
AB68,899,54 71.54 (2) (b) 4. In calendar years 2011 or any subsequent calendar year to 2022,
5$1,460.
AB68,1392 6Section 1392 . 71.54 (2) (b) 5. of the statutes is created to read:
AB68,899,87 71.54 (2) (b) 5. Subject to sub. (2m), in calendar year 2023 or any subsequent
8calendar year, $1,460.
AB68,1393 9Section 1393. 71.54 (2m) of the statutes is amended to read:
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