SB45,700,22071.28 (3w) (b) Filing claims under pre-2026 contracts; payroll. (intro.)
21Subject to the limitations provided in this subsection and s. 238.399 or s. 560.799,
222009 stats., a claimant whose contract is executed prior to January 1, 2026, may

1claim as a credit against the tax imposed under s. 71.23 an amount calculated as
2follows:
SB45,13313Section 1331. 71.28 (3w) (bd) of the statutes is created to read:
SB45,700,7471.28 (3w) (bd) Filing claims under post-2025 contracts; payroll. Subject to
5the limitations provided in this subsection and s. 238.399, a claimant whose
6contract is executed after December 31, 2025, may claim as a credit against the tax
7imposed under s. 71.23 an amount calculated as follows:
SB45,700,881. Determine the amount that is the lesser of:
SB45,700,159a. The number of full-time employees whose annual wages are greater than
10$34,220 in a tier I county or municipality or greater than $45,390 in a tier II county
11or municipality and who the claimant employed in the enterprise zone in the
12taxable year, minus the number of full-time employees whose annual wages were
13greater than $34,220 in a tier I county or municipality or greater than $45,390 in a
14tier II county or municipality and who the claimant employed in the area that
15comprises the enterprise zone in the base year.
SB45,700,2116b. The number of full-time employees whose annual wages are greater than
17$34,220 in a tier I county or municipality or greater than $45,390 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$34,220 in a tier I county or municipality or greater than $45,390 in a tier II county
21or municipality and who the claimant employed in the state in the base year.
SB45,701,6222. Determine the claimants average zone payroll by dividing the total wages
23for full-time employees whose annual wages are greater than $34,220 in a tier I

1county or municipality or greater than $45,390 in a tier II county or municipality
2and who the claimant employed in the enterprise zone in the taxable year by the
3number of full-time employees whose annual wages are greater than $34,220 in a
4tier I county or municipality or greater than $45,390 in a tier II county or
5municipality and who the claimant employed in the enterprise zone in the taxable
6year.
SB45,701,973. For employees in a tier I county or municipality, subtract $34,220 from the
8amount determined under subd. 2. and for employees in a tier II county or
9municipality, subtract $45,390 from the amount determined under subd. 2.
SB45,701,11104. Multiply the amount determined under subd. 3. by the amount determined
11under subd. 1.
SB45,701,13125. Multiply the amount determined under subd. 4. by the percentage
13determined under s. 238.399, not to exceed 7 percent.
SB45,133214Section 1332. 71.28 (3w) (bm) 1. of the statutes is amended to read:
SB45,702,21571.28 (3w) (bm) 1. In addition to the credits under par. pars. (b) and (bd) and
16subds. 2., 3., and 4., and subject to the limitations provided in this subsection and s.
17238.399 or s. 560.799, 2009 stats., a claimant may claim as a credit against the tax
18imposed under s. 71.23 an amount equal to a percentage, as determined under s.
19238.399 or s. 560.799, 2009 stats., not to exceed 100 percent, of the amount the
20claimant paid in the taxable year to upgrade or improve the job-related skills of any
21of the claimants full-time employees, to train any of the claimants full-time
22employees on the use of job-related new technologies, or to provide job-related
23training to any full-time employee whose employment with the claimant represents

1the employees first full-time job. This subdivision does not apply to employees who
2do not work in an enterprise zone.
SB45,13333Section 1333. 71.28 (3w) (bm) 2. of the statutes is renumbered 71.28 (3w)
4(bm) 2. (intro.) and amended to read:
SB45,702,8571.28 (3w) (bm) 2. (intro.) In addition to the credits under par. pars. (b) and
6(bd) and subds. 1., 3., and 4., 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
8credit against the tax imposed under s. 71.23 one of the following amounts:
SB45,702,209a. For a claimant whose contract is executed prior to January 1, 2026, 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 claimants zone payroll paid in the taxable year
12to all of the claimants full-time employees whose annual wages are greater than
13the amount determined by multiplying 2,080 by 150 percent of the federal
14minimum wage in a tier I county or municipality, not including the wages paid to
15the employees determined under par. (b) 1., or greater than $30,000 in a tier II
16county or municipality, not including the wages paid to the employees determined
17under par. (b) 1., and who the claimant employed in the enterprise zone in the
18taxable year, if the total number of such employees is equal to or greater than the
19total number of such employees in the base year. A claimant may claim a credit
20under this subdivision for no more than 5 consecutive taxable years.
SB45,133421Section 1334. 71.28 (3w) (bm) 2. b. of the statutes is created to read:
SB45,703,82271.28 (3w) (bm) 2. b. For a claimant whose contract is executed after
23December 31, 2025, an amount equal to the percentage, as determined under s.

1238.399, not to exceed 7 percent, of the claimants zone payroll paid in the taxable
2year to all of the claimants full-time employees whose annual wages are greater
3than $34,220 in a tier I county or municipality, not including the wages paid to the
4employees determined under par. (bd) 1., or greater than $45,390 in a tier II county
5or municipality, not including the wages paid to the employees determined under
6par. (bd) 1., and who the claimant employed in the enterprise zone in the taxable
7year, if the total number of such employees is equal to or greater than the total
8number of such employees in the base year.
SB45,13359Section 1335. 71.28 (3w) (bm) 3. of the statutes is amended to read:
SB45,703,151071.28 (3w) (bm) 3. In addition to the credits under par. pars. (b) and (bd) and
11subds. 1., 2., and 4., and subject to the limitations provided in this subsection and s.
12238.399 or s. 560.799, 2009 stats., for taxable years beginning after December 31,
132008, a claimant may claim as a credit against the tax imposed under s. 71.23 up to
1410 percent of the claimants significant capital expenditures, as determined under
15s. 238.399 (5m) or s. 560.799 (5m), 2009 stats.
SB45,133616Section 1336. 71.28 (3w) (bm) 4. of the statutes is amended to read:
SB45,704,21771.28 (3w) (bm) 4. In addition to the credits under par. pars. (b) and (bd) and
18subds. 1., 2., and 3., and subject to the limitations provided in this subsection and s.
19238.399 or s. 560.799, 2009 stats., for taxable years beginning after December 31,
202009, a claimant may claim as a credit against the tax imposed under s. 71.23, up to
211 percent of the amount that the claimant paid in the taxable year to purchase
22tangible personal property, items, property, or goods under s. 77.52 (1) (b), (c), or
23(d), or services from Wisconsin vendors, as determined under s. 238.399 (5) (e) or s.

1560.799 (5) (e), 2009 stats., except that the claimant may not claim the credit under
2this subdivision and subd. 3. for the same expenditures.
SB45,13373Section 1337. 71.28 (3w) (cm) of the statutes is created to read:
SB45,704,14471.28 (3w) (cm) Inflation adjustments. For taxable years beginning after
5December 31, 2026, the dollar amounts in pars. (a) 6. b., (bd) 1. a. and b., 2., and 3.,
6and (bm) 2. b. shall be increased each year by a percentage equal to the percentage
7change between the U.S. consumer price index for all urban consumers, U.S. city
8average, for the month of August of the previous year and the U.S. consumer price
9index for all urban consumers, U.S. city average, for the month of August of the year
10before the previous year, as determined by the federal department of labor. Each
11amount that is revised under this paragraph shall be rounded to the nearest
12multiple of $10 if the revised amount is not a multiple of $10 or, if the revised
13amount is a multiple of $5, such an amount shall be increased to the next higher
14multiple of $10.
SB45,133815Section 1338. 71.28 (3y) (b) 6. of the statutes is amended to read:
SB45,704,221671.28 (3y) (b) 6. For taxable years beginning after December 31, 2023, and
17before January 1, 2025, the amount of the investment in workforce housing, as
18defined in s. 234.66 (1) (i), for employees, not to exceed 15 percent of such
19investment, and, for taxable years beginning after December 31, 2023, the amount
20of the investment made in establishing an employee child care program for
21employees, not to exceed 15 percent of such investment, as determined by the
22Wisconsin Economic Development Corporation.
SB45,133923Section 1339. 71.28 (3y) (b) 7. of the statutes is created to read:
SB45,705,42471.28 (3y) (b) 7. For taxable years beginning after December 31, 2024, the

1amount of the investment in workforce housing, as defined in s. 234.66 (1) (i), for
2employees, including contributions made by the person to a 3rd party responsible
3for building or rehabilitating workforce housing, including contributions made to a
4local revolving loan fund program, not to exceed 15 percent of such investment.
SB45,13405Section 1340. 71.28 (4) (ad) 4. a. of the statutes is amended to read:
SB45,705,16671.28 (4) (ad) 4. a. Except as provided in subds. 5. and, 6., and 7. for taxable
7years beginning after December 31, 2014, a corporation may claim a credit against
8the tax imposed under s. 71.23, as allocated under par. (d), an amount equal to 5.75
9percent of the amount by which the corporations qualified research expenses for
10the taxable year exceed 50 percent of the average qualified research expenses for
11the 3 taxable years immediately preceding the taxable year for which the claimant
12claims the credit. If the corporation had no qualified research expenses in any of
13the 3 taxable years immediately preceding the taxable year for which the claimant
14claims the credit, the claimant may claim an amount equal to 2.875 percent of the
15corporations qualified research expenses for the taxable year for which the
16claimant claims the credit.