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.
SB45,134117Section 1341. 71.28 (4) (ad) 7. of the statutes is created to read:
SB45,706,71871.28 (4) (ad) 7. a. For taxable years beginning after December 31, 2024, an
19individual, a partner of a partnership, a shareholder of a tax-option corporation, or
20a member of a limited liability company may claim a credit against the tax imposed
21under s. 71.23, as allocated under par. (d), an amount equal to 11.5 percent of the
22amount by which the individuals, partnerships, tax-option corporations, or
23limited liability companys qualified research expenses for the taxable year exceed
2450 percent of the average qualified research expenses for the 3 taxable years

1immediately preceding the taxable year for which the claimant claims the credit. If
2the individual, partnership, tax-option corporation, or limited liability company had
3no qualified research expenses in any of the 3 taxable years immediately preceding
4the taxable year for which the claimant claims the credit, the claimant may claim
5an amount equal to 5.75 percent of the individuals, partnerships, tax-option
6corporations, or limited liability companys qualified research expenses for the
7taxable year for which the claimant claims the credit.
SB45,706,158b. For purposes of subd. 7. a., qualified research expenses means qualified
9research expenses as defined in section 41 of the Internal Revenue Code, except
10that qualified research expenses includes only expenses incurred by the
11individual, partnership, tax-option corporation, or limited liability company for
12research related to nuclear power, incurred for research conducted in this state, for
13the taxable year and does not include compensation used in computing the credit
14under sub. (1dx). Section 41 (f) (1), (2), (5), and (6) and (h) of the Internal Revenue
15Code does not apply to the credit under this subdivision.
SB45,134216Section 1342. 71.28 (4) (k) (intro.) of the statutes is amended to read:
SB45,706,201771.28 (4) (k) Refunds. (intro.) Notwithstanding par. (f), for taxable years
18beginning after December 31, 2017, if the allowable amount of the claim under par.
19(ad) 4., 5., or 6., or 7. exceeds the tax otherwise due under s. 71.23, all of the
20following apply:
SB45,134321Section 1343. 71.28 (4) (k) 1. c. of the statutes is amended to read:
SB45,707,32271.28 (4) (k) 1. c. For taxable years beginning after December 31, 2023, the
23amount of the claim not used to offset the tax due, not to exceed 25 percent of the
24allowable amount of the claim under par. (ad) 4., 5., or 6., or 7., shall be certified by

1the department of revenue to the department of administration for payment by
2check, share draft, or other draft drawn from the appropriation account under s.
320.835 (2) (d).
SB45,13444Section 1344. 71.28 (5f) of the statutes is created to read:
SB45,707,6571.28 (5f) Film production services credit. (a) Definitions. In this
6subsection:
SB45,707,1371. Accredited production means a film, video, broadcast advertisement, or
8television production, as approved by the department of tourism, for which the
9aggregate salary and wages included in the cost of the production for the period
10ending 12 months after the month in which the principal filming or taping of the
11production begins exceeds $100,000 for a production that is 30 minutes or longer or
12$50,000 for a production that is less than 30 minutes. Accredited production does
13not include any of the following, regardless of the production costs:
SB45,707,1514a. News, current events, or public programming or a program that includes
15weather or market reports.
SB45,707,1616b. A talk show.
SB45,707,1717c. A production with respect to a questionnaire or contest.
SB45,707,1818d. A sports event or sports activity.
SB45,707,1919e. A gala presentation or awards show.
SB45,707,2020f. A finished production that solicits funds.