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AB68-SSA1,1399 22Section 1399. 71.47 (3w) (b) (intro.) of the statutes is amended to read:
AB68-SSA1,709,223 71.47 (3w) (b) Filing claims under pre-2022 award certifications; payroll.
24(intro.) Subject to the limitations provided in this subsection and s. 238.399 or s.
25560.799, 2009 stats., a claimant whose award is certified prior to January 1, 2022,

1may claim as a credit against the tax imposed under s. 71.43 an amount calculated
2as follows:
AB68-SSA1,1400 3Section 1400. 71.47 (3w) (bd) of the statutes is created to read:
AB68-SSA1,709,74 71.47 (3w) (bd) Filing claims under post-2021 award certifications; payroll.
5Subject to the limitations provided in this subsection and s. 238.399, a claimant
6whose award is certified after December 31, 2020, may claim as a credit against the
7tax imposed under s. 71.43 an amount calculated as follows:
AB68-SSA1,709,88 1. Determine the amount that is the lesser of:
AB68-SSA1,709,159 a. The number of full-time employees whose annual wages are greater than
10$27,900 in a tier I county or municipality or greater than $37,000 in a tier II county
11or municipality and who the claimant employed in the enterprise zone in the taxable
12year, minus the number of full-time employees whose annual wages were greater
13than $27,900 in a tier I county or municipality or greater than $37,000 in a tier II
14county or municipality and who the claimant employed in the area that comprises
15the enterprise zone in the base year.
AB68-SSA1,709,2116 b. The number of full-time employees whose annual wages are greater than
17$27,900 in a tier I county or municipality or greater than $37,000 in a tier II county
18or municipality and who the claimant employed in the state in the taxable year,
19minus the number of full-time employees whose annual wages were 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 base year.
AB68-SSA1,710,322 2. Determine the claimant's average zone payroll by dividing total wages for
23full-time employees whose annual wages are greater than $27,900 in a tier I county
24or municipality or greater than $37,000 in a tier II county or municipality and who
25the claimant employed in the enterprise zone in the taxable year by the number of

1full-time employees whose annual wages are greater than $27,900 or greater than
2$37,000 in a tier II county or municipality and who the claimant employed in the
3enterprise zone in the taxable year.
AB68-SSA1,710,64 3. For employees in a tier I county or municipality, subtract $27,900 from the
5amount determined under subd. 2. and for employees in a tier II county or
6municipality, subtract $37,000 from the amount determined under subd. 2.
AB68-SSA1,710,87 4. Multiply the amount determined under subd. 3. by the amount determined
8under subd. 1.
AB68-SSA1,710,109 5. Multiply the amount determined under subd. 4. by the percentage
10determined under s. 238.399, not to exceed 7 percent.
AB68-SSA1,1401 11Section 1401. 71.47 (3w) (bm) 1. of the statutes is amended to read:
AB68-SSA1,710,2212 71.47 (3w) (bm) 1. In addition to the credits under par. pars. (b) and (bd) and
13subds. 2., 3., and 4., and subject to the limitations provided in this subsection and s.
14238.399 or s. 560.799, 2009 stats., a claimant may claim as a credit against the tax
15imposed under s. 71.43 an amount equal to a percentage, as determined under s.
16238.399 or s. 560.799, 2009 stats., not to exceed 100 percent, of the amount the
17claimant paid in the taxable year to upgrade or improve the job-related skills of any
18of the claimant's full-time employees, to train any of the claimant's full-time
19employees on the use of job-related new technologies, or to provide job-related
20training to any full-time employee whose employment with the claimant represents
21the employee's first full-time job. This subdivision does not apply to employees who
22do not work in an enterprise zone.
AB68-SSA1,1402 23Section 1402. 71.47 (3w) (bm) 2. of the statutes is renumbered 71.47 (3w) (bm)
242. (intro.) and amended to read:
AB68-SSA1,711,4
171.47 (3w) (bm) 2. (intro.) In addition to the credits under par. pars. (b) and (bd)
2and subds. 1., 3., and 4., and subject to the limitations provided in this subsection and
3s. 238.399 or s. 560.799, 2009 stats., a claimant may claim as a credit against the tax
4imposed under s. 71.43 one of the following amounts:
AB68-SSA1,711,16 5a. For a claimant whose award is certified prior to January 1, 2022, an amount
6equal to the percentage, as determined under s. 238.399 or s. 560.799, 2009 stats.,
7not to exceed 7 percent, of the claimant's zone payroll paid in the taxable year to all
8of the claimant's full-time employees whose annual wages are greater than the
9amount determined by multiplying 2,080 by 150 percent of the federal minimum
10wage in a tier I county or municipality, not including the wages paid to the employees
11determined under par. (b) 1., or greater than $30,000 in a tier II county or
12municipality, not including the wages paid to the employees determined under par.
13(b) 1., and who the claimant employed in the enterprise zone in the taxable year, if
14the total number of such employees is equal to or greater than the total number of
15such employees in the base year. A claimant may claim a credit under this
16subdivision for no more than 5 consecutive taxable years.
AB68-SSA1,1403 17Section 1403. 71.47 (3w) (bm) 2. b. of the statutes is created to read:
AB68-SSA1,712,218 71.47 (3w) (bm) 2. b. For a claimant whose award is certified after December
1931, 2020, an amount equal to the percentage, as determined under s. 238.399, not to
20exceed 7 percent, of the claimant's zone payroll paid in the taxable year to all of the
21claimant's full-time employees whose annual wages are greater than $27,900 in a
22tier I county or municipality, not including the wages paid to the employees
23determined under par. (bd) 1., or greater than $37,000 in a tier II county or
24municipality, not including the wages paid to the employees determined under par.
25(bd) 1., and who the claimant employed in the enterprise zone in the taxable year, if

1the total number of such employees is equal to or greater than the total number of
2such employees in the base year.
AB68-SSA1,1404 3Section 1404. 71.47 (3w) (bm) 3. of the statutes is amended to read:
AB68-SSA1,712,94 71.47 (3w) (bm) 3. In addition to the credits under par. pars. (b) and (bd) and
5subds. 1., 2., and 4., and subject to the limitations provided in this subsection and s.
6238.399 or s. 560.799, 2009 stats., for taxable years beginning after December 31,
72008, a claimant may claim as a credit against the tax imposed under s. 71.43 up to
810 percent of the claimant's significant capital expenditures, as determined under
9s. 238.399 (5m) or s. 560.799 (5m), 2009 stats.
AB68-SSA1,1405 10Section 1405. 71.47 (3w) (bm) 4. of the statutes is amended to read:
AB68-SSA1,712,1911 71.47 (3w) (bm) 4. In addition to the credits under par. pars. (b) and (bd) and
12subds. 1., 2., and 3., and subject to the limitations provided in this subsection and s.
13238.399 or s. 560.799, 2009 stats., for taxable years beginning after December 31,
142009, a claimant may claim as a credit against the tax imposed under s. 71.43, up to
151 percent of the amount that the claimant paid in the taxable year to purchase
16tangible personal property, items, property, or goods under s. 77.52 (1) (b), (c), or (d),
17or services from Wisconsin vendors, as determined under s. 238.399 (5) (e) or s.
18560.799 (5) (e), 2009 stats., except that the claimant may not claim the credit under
19this subdivision and subd. 3. for the same expenditures.
AB68-SSA1,1406 20Section 1406. 71.47 (3w) (c) 2. of the statutes is renumbered 71.47 (3w) (c) 2.
21a. and amended to read:
AB68-SSA1,713,522 71.47 (3w) (c) 2. a. Partnerships Except as provided in subd. 2. b., partnerships,
23limited liability companies, and tax-option corporations may not claim the credit
24under this subsection, but the eligibility for, and the amount of, the credit are based
25on their payment of amounts described under pars. (b) and (bm). A partnership,

1limited liability company, or tax-option corporation shall compute the amount of
2credit that each of its partners, members, or shareholders may claim and shall
3provide that information to each of them. Partners, members of limited liability
4companies, and shareholders of tax-option corporations may claim the credit in
5proportion to their ownership interests.
AB68-SSA1,1407 6Section 1407. 71.47 (3w) (c) 2. b. of the statutes is created to read:
AB68-SSA1,713,197 71.47 (3w) (c) 2. b. For taxable years beginning after December 31, 2020,
8partnerships, limited liability companies, and tax-option corporations may elect to
9claim the credit under this subsection, if the credit results from a contract entered
10into with the Wisconsin Economic Development Corporation before December 22,
112017. A partnership, limited liability company, or tax-option corporation that
12wishes to make the election under this subd. 2. b. shall make the election for each
13taxable year on its original return and may not subsequently make or revoke the
14election. If a partnership, limited liability company, or tax-option corporation elects
15to claim the credit under this subsection, the partners, members, and shareholders
16may not claim the credit under this subsection. The credit may not be claimed under
17this subd. 2. b. if one or more partners, members, or shareholders have claimed the
18credit under this subsection for the same taxable year for which the credit is claimed
19under this subd. 2. b.
AB68-SSA1,1408 20Section 1408. 71.47 (3w) (c) 5. of the statutes is created to read:
AB68-SSA1,713,2221 71.47 (3w) (c) 5. A claimant may claim a credit under par. (bm) 2. for no more
22than 5 consecutive taxable years.
AB68-SSA1,1409 23Section 1409. 71.47 (3w) (cm) of the statutes is created to read:
AB68-SSA1,714,824 71.47 (3w) (cm) Inflation adjustments. For taxable years beginning after
25December 31, 2022, the dollar amounts in pars. (a) 6. b., (bd) 1. a. and b., 2., and 3.,

1and (bm) 2. b. shall be increased each year by a percentage equal to the percentage
2change between the U.S. consumer price index for all urban consumers, U.S. city
3average, for the month of August of the previous year and the U.S. consumer price
4index for all urban consumers, U.S. city average, for the month of August of the year
5before the previous year, as determined by the federal department of labor. Each
6amount that is revised under this paragraph shall be rounded to the nearest multiple
7of $10 if the revised amount is not a multiple of $10 or, if the revised amount is a
8multiple of $5, such an amount shall be increased to the next higher multiple of $10.
AB68-SSA1,1410 9Section 1410. 71.47 (3y) (b) 5. of the statutes is amended to read:
AB68-SSA1,714,1610 71.47 (3y) (b) 5. An amount, as determined by the Wisconsin Economic
11Development Corporation under s. 238.308 (4) (a) 5., equal to a percentage of the
12amount of wages that the claimant paid to an eligible employee in the taxable year
13if the position in which the eligible employee was employed was created or retained
14in connection with the claimant's location or retention of the claimant's corporate
15headquarters in Wisconsin and the job duties associated with the eligible employee's
16position involve the performance of corporate headquarters functions
.
AB68-SSA1,1411 17Section 1411. 71.47 (3y) (b) 6. of the statutes is created to read:
AB68-SSA1,714,2118 71.47 (3y) (b) 6. An amount, as determined by the Wisconsin Economic
19Development Corporation under s. 238.308 (4) (a) 6., equal to a percentage, not to
20exceed 25 percent, of the claimant's energy efficiency or renewable energy project
21expenditures on real or personal property located in this state.
AB68-SSA1,1412 22Section 1412. 71.47 (3y) (c) 1. of the statutes is renumbered 71.47 (3y) (c) 1.
23a. and amended to read:
AB68-SSA1,715,724 71.47 (3y) (c) 1. a. Partnerships Except as provided in subd. 1. b., partnerships,
25limited liability companies, and tax-option corporations may not claim the credit

1under this subsection, but the eligibility for, and the amount of, the credit are based
2on their payment of amounts under par. (b). A partnership, limited liability company,
3or tax-option corporation shall compute the amount of credit that each of its
4partners, members, or shareholders may claim and shall provide that information
5to each of them. Partners, members of limited liability companies, and shareholders
6of tax-option corporations may claim the credit in proportion to their ownership
7interests.
AB68-SSA1,1413 8Section 1413. 71.47 (3y) (c) 1. b. of the statutes is created to read:
AB68-SSA1,715,219 71.47 (3y) (c) 1. b. For taxable years beginning after December 31, 2020,
10partnerships, limited liability companies, and tax-option corporations may elect to
11claim the credit under this subsection, if the credit results from a contract entered
12into with the Wisconsin Economic Development Corporation before December 22,
132017. A partnership, limited liability company, or tax-option corporation that
14wishes to make the election under this subd. 1. b. shall make the election for each
15taxable year on its original return and may not subsequently make or revoke the
16election. If a partnership, limited liability company, or tax-option corporation elects
17to claim the credit under this subsection, the partners, members, and shareholders
18may not claim the credit under this subsection. The credit may not be claimed under
19this subd. 1. b. if one or more partners, members, or shareholders have claimed the
20credit under this subsection for the same taxable year for which the credit is claimed
21under this subd. 1. b.
AB68-SSA1,1414 22Section 1414. 71.47 (4) (k) 1. of the statutes is renumbered 71.47 (4) (k) 1. a.
23and amended to read:
AB68-SSA1,716,424 71.47 (4) (k) 1. a. The For taxable years beginning before January 1, 2021, the
25amount of the claim not used to offset the tax due, not to exceed 10 percent of the

1allowable amount of the claim under par. (ad) 4., 5., or 6., shall be certified by the
2department of revenue to the department of administration for payment by check,
3share draft, or other draft drawn from the appropriation account under s. 20.835 (2)
4(d).
AB68-SSA1,1415 5Section 1415. 71.47 (4) (k) 1. b. of the statutes is created to read:
AB68-SSA1,716,116 71.47 (4) (k) 1. b. For taxable years beginning after December 31, 2020, 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 by check,
10share draft, or other draft drawn from the appropriation account under s. 20.835 (2)
11(d).
AB68-SSA1,1416 12Section 1416 . 71.47 (4t) of the statutes is created to read:
AB68-SSA1,716,1313 71.47 (4t) Work opportunity tax credit. (a) Definitions. In this subsection:
AB68-SSA1,716,1514 1. “Claimant” means a person who is an employer of a targeted group member
15and who files a claim under this subsection.
AB68-SSA1,716,1716 2. “Targeted group member” means an individual who performs services for the
17claimant in this state and who is a member of a targeted group under 26 USC 51 (d).
AB68-SSA1,716,2018 (b) Filing claims. For taxable years beginning after December 31, 2020, a
19claimant may claim as a credit against the taxes imposed under s. 71.43, up to the
20amount of the tax, the following amounts:
AB68-SSA1,716,2321 1. An amount equal to 20 percent of the qualified first-year wages, as defined
22in 26 USC 51 (b) (2), paid during the taxable year to a targeted group member who
23has performed at least 400 hours of services for the claimant in this state.
AB68-SSA1,717,224 2. An amount equal to 12.5 percent of the qualified first-year wages, as defined
25in 26 USC 51 (b) (2), paid during the taxable year to a targeted group member who

1has performed at least 120 hours, but less than 400 hours, of services for the claimant
2in this state.
AB68-SSA1,717,63 3. An amount equal to 25 percent of the qualified second-year wages, as defined
4in 26 USC 51 (e) (2), paid during the taxable year to a long-term family assistance
5recipient, as defined in 26 USC 51 (d) (10), who has performed at least 400 hours of
6services for the claimant in this state.
AB68-SSA1,717,97 (c) Limitations. 1. The wages for which a credit may be claimed under par. (b)
8may not exceed the applicable threshold in 26 USC 51 (b) (3), (d) (7) (B) (ii), or (e) (1)
9(B) and may not be paid for services performed outside this state.
AB68-SSA1,717,1110 2. A credit under this subsection shall be claimed at the same time as the credit
11under 26 USC 51.
AB68-SSA1,717,13123. The requirements and limitations in 26 USC 51 (d) (13), (f), (i), and (k) shall
13apply to the credit under this subsection.
AB68-SSA1,717,2014 4. Partnerships, limited liability companies, and tax-option corporations may
15not claim the credit under this subsection, but the eligibility for, and the amount of,
16the credit are based on their payment of the wages under par. (b). A partnership,
17limited liability company, or tax-option corporation shall compute the amount of
18credit that each of its partners, members, or shareholders may claim and shall
19provide that information to each of them. The partners, members, and shareholders
20may claim the credit in proportion to their ownership interests.
AB68-SSA1,717,2221 (d) Administration. Section 71.28 (4) (e) to (h), as it applies to the credit under
22s. 71.28 (4), applies to the credit under this subsection.
AB68-SSA1,1417 23Section 1417. 71.47 (8b) (a) 5. of the statutes is amended to read:
AB68-SSA1,718,324 71.47 (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-SSA1,1418 4Section 1418. 71.47 (8b) (a) 7. of the statutes is amended to read:
AB68-SSA1,718,145 71.47 (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-SSA1,1419 15Section 1419 . 71.49 (1) (ct) of the statutes is created to read:
AB68-SSA1,718,1616 71.49 (1) (ct) Work opportunity tax credit under s. 71.47 (4t).
AB68-SSA1,1420 17Section 1420 . 71.52 (4) of the statutes is amended to read:
AB68-SSA1,718,1918 71.52 (4) “Household" means a claimant and an individual related to the
19claimant as husband or wife his or her spouse.
AB68-SSA1,1421 20Section 1421 . 71.52 (6) of the statutes is amended to read:
AB68-SSA1,720,921 71.52 (6) “Income" means the sum of Wisconsin adjusted gross income and the
22following amounts, to the extent not included in Wisconsin adjusted gross income:
23maintenance payments (except foster care maintenance and supplementary
24payments excludable under section 131 of the internal revenue code), support money,
25cash public assistance (not including credit granted under this subchapter and

1amounts under s. 46.27, 2017 stats.), cash benefits paid by counties under s. 59.53
2(21), the gross amount of any pension or annuity (including railroad retirement
3benefits, all payments received under the federal social security act and veterans
4disability pensions), nontaxable interest received from the federal government or
5any of its instrumentalities, nontaxable interest received on state or municipal
6bonds, worker's compensation, unemployment insurance, the gross amount of “loss
7of time" insurance, compensation and other cash benefits received from the United
8States or the state for past or present service in the armed forces, scholarship and
9fellowship gifts or income, capital gains, gain on the sale of a personal residence
10excluded under section 121 of the internal revenue code, dividends, income of a
11nonresident or part-year resident who is married to a full-year resident, housing
12allowances provided to members of the clergy, the amount by which a resident
13manager's rent is reduced, nontaxable income of an American Indian, nontaxable
14income from sources outside this state and nontaxable deferred compensation.
15Intangible drilling costs, depletion allowances and depreciation, including first-year
16depreciation allowances under section 179 of the internal revenue code,
17amortization, contributions to individual retirement accounts under section 219 of
18the internal revenue code, contributions to Keogh plans, net operating loss
19carry-backs and carry-forwards, capital loss carry-forwards, and disqualified
20losses deducted in determining Wisconsin adjusted gross income shall be added to
21“income". “Income" does not include gifts from natural persons, cash reimbursement
22payments made under title XX of the federal social security act, surplus food or other
23relief in kind supplied by a governmental agency, the gain on the sale of a personal
24residence deferred under section 1034 of the internal revenue code or nonrecognized
25gain from involuntary conversions under section 1033 of the internal revenue code.

1Amounts not included in adjusted gross income but added to “income" under this
2subsection in a previous year and repaid may be subtracted from income for the year
3during which they are repaid. Scholarship and fellowship gifts or income that are
4included in Wisconsin adjusted gross income and that were added to household
5income for purposes of determining the credit under this subchapter in a previous
6year may be subtracted from income for the current year in determining the credit
7under this subchapter. A marital property agreement or unilateral statement under
8ch. 766 has no effect in computing “income" for a person whose homestead is not the
9same as the homestead of that person's spouse.
AB68-SSA1,1422 10Section 1422. 71.54 (1) (g) (intro.) of the statutes is amended to read:
AB68-SSA1,720,1311 71.54 (1) (g) 2012 and thereafter to 2020. (intro.) The amount of any claim filed
12in 2012 and thereafter to 2020 and based on property taxes accrued or rent
13constituting property taxes accrued during the previous year is limited as follows:
AB68-SSA1,1423 14Section 1423. 71.54 (1) (g) 4. of the statutes is amended to read:
AB68-SSA1,720,2115 71.54 (1) (g) 4. Except as provided in subds. 5. and 7., for For claims filed in 2018
16and thereafter and based on property taxes accrued or rent constituting property
17taxes accrued during the previous year, no credit may be allowed under this
18paragraph if the claimant has no earned income in the taxable year to which the
19claim relates
unless the claimant is disabled and provides the proof required under
20subd. 6. or
the claimant or the claimant's spouse is over the age of 61 at the close of
21the year to which the claim relates.
AB68-SSA1,1424 22Section 1424. 71.54 (1) (g) 5. of the statutes is repealed.
AB68-SSA1,1425 23Section 1425. 71.54 (1) (g) 6. (intro.) of the statutes is amended to read:
AB68-SSA1,721,224 71.54 (1) (g) 6. (intro.) With regard to a claimant who is disabled, the A claimant
25who is disabled shall provide with his or her return proof that his or her disability

1is in effect for the taxable year to which the claim relates. Proof of disability may be
2demonstrated by any of the following:
AB68-SSA1,1426 3Section 1426. 71.54 (1) (g) 7. of the statutes is repealed.
AB68-SSA1,1427 4Section 1427 . 71.54 (1) (h) of the statutes is created to read:
AB68-SSA1,721,75 71.54 (1) (h) 2021 and thereafter. Subject to sub. (2m), the amount of any claim
6filed in 2021 and thereafter and based on property taxes accrued or rent constituting
7property taxes accrued during the previous year is limited as follows:
AB68-SSA1,721,108 1. If the household income was $8,060 or less in the year to which the claim
9relates, the claim is limited to 80 percent of the property taxes accrued or rent
10constituting property taxes accrued or both in that year on the claimant's homestead.
AB68-SSA1,721,1511 2. If the household income was more than $8,060 in the year to which the claim
12relates, the claim is limited to 80 percent of the amount by which the property taxes
13accrued or rent constituting property taxes accrued or both in that year on the
14claimant's homestead exceeds 6.655 percent of the household income exceeding
15$8,060.
AB68-SSA1,721,1616 3. No credit may be allowed if the household income exceeds $30,000.
AB68-SSA1,721,1817 4. Notwithstanding the time limitations described in par. (g) (intro.), the
18provisions of par. (g) 4. apply to claims filed under this paragraph.
AB68-SSA1,1428 19Section 1428. 71.54 (2) (b) 4. of the statutes is amended to read:
AB68-SSA1,721,2120 71.54 (2) (b) 4. In calendar years 2011 or any subsequent calendar year to 2022,
21$1,460.
AB68-SSA1,1429 22Section 1429 . 71.54 (2) (b) 5. of the statutes is created to read:
AB68-SSA1,721,2423 71.54 (2) (b) 5. Subject to sub. (2m), in calendar year 2023 or any subsequent
24calendar year, $1,460.
AB68-SSA1,1430 25Section 1430. 71.54 (2m) of the statutes is amended to read:
AB68-SSA1,722,18
171.54 (2m) Indexing for inflation; 2010 2023 and thereafter. (a) For calendar
2years beginning after December 31, 2009, and before January 1, 2011 2022, the dollar
3amounts of the threshold income under sub. (1) (f) (h) 1. and 2., the maximum
4household income under sub. (1) (f) (h) 3., and the maximum property taxes under
5sub. (2) (b) 3. 5. shall be increased each year by a percentage equal to the percentage
6change between the U.S. consumer price index for all urban consumers, U.S. city
7average, for the 12-month average of the U.S. consumer price index for the month
8of August of the year before the previous year through the month of July of the
9previous year and the U.S. consumer price index for all urban consumers, U.S. city
10average, for the 12-month average of the U.S. consumer price index for August 2007
112020 through July 2008 2021, as determined by the federal department of labor,
12except that the adjustment may occur only if the percentage is a positive number.
13Each amount that is revised under this paragraph shall be rounded to the nearest
14multiple of $10 if the revised amount is not a multiple of $10 or, if the revised amount
15is a multiple of $5, such an amount shall be increased to the next higher multiple of
16$10. The department of revenue shall annually adjust the changes in dollar amounts
17required under this paragraph and incorporate the changes into the income tax
18forms and instructions.
AB68-SSA1,722,2419 (b) The department of revenue shall annually adjust the slope under sub. (1)
20(f) (h) 2. such so that, as a claimant's income increases from the threshold income as
21calculated adjusted under par. (a), to an amount that exceeds the maximum
22household income as calculated adjusted under par. (a), the credit that may be
23claimed is reduced to $0, and the department of revenue shall incorporate the
24changes into the income tax forms and instructions.
AB68-SSA1,1431 25Section 1431. 71.64 (9) (b) (intro.) of the statutes is amended to read:
AB68-SSA1,723,4
171.64 (9) (b) (intro.) The department shall from time to time adjust the
2withholding tables to reflect any changes in income tax rates, any applicable surtax
3or any changes in dollar amounts in s. 71.06 (1), (1m), (1n), (1p), (1q), (1r), and (2)
4resulting from statutory changes, except as follows:
AB68-SSA1,1432 5Section 1432. 71.67 (5) (a) of the statutes is amended to read:
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