Wisconsin Legislature: AB532-AA1,1,2

LRBa0799/1

EKL:skw

2019 - 2020 LEGISLATURE

ASSEMBLY AMENDMENT 1,
TO ASSEMBLY BILL 532

January 6, 2020 - Offered by Representative VanderMeer.

1 At the locations indicated, amend the bill as follows:

21. Page 4, line 3: delete “2018" and substitute “2019".

32. Page 4, line 11: delete “A" and substitute “No later than January 31 of the
4year following the close of the fund's taxable year, a".

53. Page 4, line 14: after that line insert:

6“(e) An individual partner, member, or shareholder may not make a subtraction
7under par. (b) if the entity of which the individual is a partner, member, or
8shareholder makes a subtraction under par. (b) when computing net income under
9s. 71.21 (6) (d) 1. or makes a subtraction under s. 71.34 (1k) (p) when computing net
10income under s. 71.365 (4m) (d) 1.”.

114. Page 4, line 16: delete “2018" and substitute “2019".

15. Page 4, line 23: delete “A" and substitute “No later than January 31 of the
2year following the close of the fund's taxable year, a".

36. Page 5, line 1: delete “2018" and substitute “2019".

47. Page 5, line 9: delete “A" and substitute “No later than January 31 of the
5year following the close of the fund's taxable year, a".

68. Page 5, line 12: delete “2018" and substitute “2019".

79. Page 5, line 20: delete “A" and substitute “No later than January 31 of the
8year following the close of the fund's taxable year, a".

910. Page 6, line 5: delete “2018" and substitute “2019".

10 (End)