AB754-ASA1,65 4Section 65 . 71.34 (1g) (k) 3. of the statutes is amended to read:
AB754-ASA1,29,105 71.34 (1g) (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, sections 40307 and 40413 of P.L. 115-123, and
9section 102 of division M and sections 110, 111, and 116 (b) of division O of P.L.
10116-94
.
AB754-ASA1,66 11Section 66 . 71.34 (1g) (L) 1. of the statutes is amended to read:
AB754-ASA1,29,1512 71.34 (1g) (L) 1. For taxable years beginning after December 31, 2017, and
13before January 1, 2020,
for tax option corporations, “Internal Revenue Code" means
14the federal Internal Revenue Code as amended to December 31, 2017, except as
15provided in subds. 2., 3., and 5. and s. 71.98 and subject to subd. 4.
AB754-ASA1,67 16Section 67 . 71.34 (1g) (L) 3. of the statutes is amended to read:
AB754-ASA1,29,2317 71.34 (1g) (L) 3. For purposes of this paragraph, “Internal Revenue Code" does
18not include amendments to the federal Internal Revenue Code enacted after
19December 31, 2017, except that “Internal Revenue Code” includes sections 40307
20and 40413 of P.L. 115-123; section 1203 of P.L. 116-25; section 102 of division M,
21sections 108, 110, 111, 115, 116 (a) and (b), 204, 206, 302, and 601 of division O, section
221302 of division P, and sections 131, 202 (d), 204 (c), 205, and 301 of division Q of P.L.
23116-94, and section 2 (b) of P.L. 116-98
.
AB754-ASA1,68 24Section 68 . 71.34 (1g) (L) 4. of the statutes is amended to read:
AB754-ASA1,30,6
171.34 (1g) (L) 4. For purposes of this paragraph, the provisions of federal public
2laws that directly or indirectly affect the Internal Revenue Code, as defined in this
3paragraph, apply for Wisconsin purposes at the same time as for federal purposes,
4except that changes made by P.L. 115-63 and sections 11026, 11027, 11028, 13207,
513306, 13307, 13308, 13311, 13312, 13501, 13705, 13821, and 13823 of P.L. 115-97
6first apply for taxable years beginning after December 31, 2017
.
AB754-ASA1,69 7Section 69 . 71.34 (1g) (m) of the statutes is created to read:
AB754-ASA1,30,118 71.34 (1g) (m) 1. For taxable years beginning after December 31, 2019, for tax
9option corporations, “Internal Revenue Code" means the federal Internal Revenue
10Code as amended to December 31, 2019, except as provided in subds. 2., 3., and 5. and
11s. 71.98 and subject to subd. 4.
AB754-ASA1,31,912 2. For purposes of this paragraph, “Internal Revenue Code" does not include
13the following provisions of federal public laws for taxable years beginning after
14December 31, 2019: 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, 11012,
213201 (a) to (e) and (g), 13206, 13221, 13301, 13304 (a), (b), and (d), 13531, 13601,
313801, 14101, 14102, 14103, 14201, 14202, 14211, 14212, 14213, 14214, 14215,
414221, 14222, 14301, 14302, 14304, and 14401 of P.L. 115-97; sections 40304, 40305,
540306, and 40412 of P.L. 115-123; section 101 (c) of division T of P.L. 115-141;
6sections 101 (d) and (e), 102, 201 to 207, 301, 302, and 401 (a) (47) and (195), (b) (13),
7(17), (22) and (30), and (d) (1) (D) (v), (vi), and (xiii) and (xvii) (II) of division U of P.L.
8115-141; and section 301 of division O and sections 101, 102, 103, 104, 114, 115, 116,
9117, 118, 130, 132, and 145 of division Q of P.L. 116-94.
AB754-ASA1,31,1110 3. For purposes of this paragraph, “Internal Revenue Code" does not include
11amendments to the federal Internal Revenue Code enacted after December 31, 2019.
AB754-ASA1,31,1912 4. For purposes of this paragraph, the provisions of federal public laws that
13directly or indirectly affect the Internal Revenue Code, as defined in this paragraph,
14apply for Wisconsin purposes at the same time as for federal purposes, except that
15changes made by section 13516 of P.L. 115-97, sections 20101, 20102, 20104, 20201,
1640201, 40202, 40203, 40308, 40309, 40311, 40414, 41101, 41107, 41115, and 41116
17of P.L. 115-123, section 101 (a), (b), and (h) of division U of P.L. 115-141, section 1122
18of P.L. 116-92, sections 201, 202, and 204 (a) and (b) of division Q of P.L. 116-94, and
19section 2 of P.L. 116-98 apply for taxable years beginning after December 31, 2019.
AB754-ASA1,31,23205. For purposes of this paragraph, section 1366 (f) of the Internal Revenue Code
21(relating to pass-through of items to shareholders) is modified by substituting the
22tax under s. 71.35 for the taxes under sections 1374 and 1375 of the Internal Revenue
23Code.
AB754-ASA1,70 24Section 70 . 71.34 (1u) of the statutes is created to read:
AB754-ASA1,32,2
171.34 (1u) For purposes of s. 71.34 (1g) (b), 2013 stats., “Internal Revenue
2Code" includes section 109 of division U of P.L. 115-141.
AB754-ASA1,71 3Section 71 . 71.42 (2) (c), (d), (e), (f), (g), (h) and (i) of the statutes are repealed.
AB754-ASA1,72 4Section 72 . 71.42 (2) (j) 3. m. of the statutes is created to read:
AB754-ASA1,32,65 71.42 (2) (j) 3. m. Sections 101 (m), (n), (o), (p), and (q) and 104 (a) of division
6U of P.L. 115-141.
AB754-ASA1,73 7Section 73 . 71.42 (2) (j) 3. n. of the statutes is created to read:
AB754-ASA1,32,98 71.42 (2) (j) 3. n. Section 102 of division M and sections 110, 111, and 116 (b)
9of division O of P.L. 116-94.
AB754-ASA1,74 10Section 74 . 71.42 (2) (k) 3. of the statutes is amended to read:
AB754-ASA1,32,1611 71.42 (2) (k) 3. For purposes of this paragraph, “Internal Revenue Code" does
12not include amendments to the federal Internal Revenue Code enacted after
13December 31, 2016, except that “Internal Revenue Code” includes sections 11024,
1411025, and 13543 of P.L. 115-97, sections 40307 and 40413 of P.L. 115-123, and
15section 102 of division M and sections 110, 111, and 116 (b) of division O of P.L.
16116-94
.
AB754-ASA1,75 17Section 75 . 71.42 (2) (L) 1. of the statutes is amended to read:
AB754-ASA1,32,2118 71.42 (2) (L) 1. For taxable years beginning after December 31, 2017, and
19before January 1, 2020,
“Internal Revenue Code" means the federal Internal
20Revenue Code as amended to December 31, 2017, except as provided in subds. 2. to
214. and s. 71.98 and subject to subd. 5.
AB754-ASA1,76 22Section 76 . 71.42 (2) (L) 3. of the statutes is amended to read:
AB754-ASA1,33,423 71.42 (2) (L) 3. For purposes of this paragraph, “Internal Revenue Code" does
24not include amendments to the federal Internal Revenue Code enacted after
25December 31, 2017, except that “Internal Revenue Code” includes sections 40307

1and 40413 of P.L. 115-123; section 1203 of P.L. 116-25; section 102 of division M,
2sections 108, 110, 111, 115, 116 (a) and (b), 204, 206, 302, and 601 of division O, section
31302 of division P, and sections 131, 202 (d), 204 (c), 205, and 301 of division Q of P.L.
4116-94, and section 2 (b) of P.L. 116-98
.
AB754-ASA1,77 5Section 77 . 71.42 (2) (L) 5. of the statutes is amended to read:
AB754-ASA1,33,116 71.42 (2) (L) 5. For purposes of this paragraph, the provisions of federal public
7laws that directly or indirectly affect the Internal Revenue Code, as defined in this
8paragraph, apply for Wisconsin purposes at the same time as for federal purposes,
9except that changes made by P.L. 115-63 and sections 11026, 11027, 11028, 13207,
1013306, 13307, 13308, 13311, 13312, 13501, 13705, 13821, and 13823 of P.L. 115-97
11first apply for taxable years beginning after December 31, 2017
.