AB43-ASA2,324
1Section 324. 70.119 (7) (a) of the statutes is amended to read:
AB43-ASA2,322,82 70.119 (7) (a) The department shall make payment from the appropriation
3under s. 20.835 (5) (a) (r) for municipal services provided by municipalities to state
4facilities. If the appropriation under s. 20.835 (5) (a) (r) is insufficient to pay the full
5amount under sub. (6) in any one year, the department shall prorate payments
6among the municipalities entitled thereto. The University of Wisconsin Hospitals
7and Clinics Authority shall make payment for municipal services provided by
8municipalities to facilities of the authority described in s. 70.11 (38).
AB43-ASA2,325 9Section 325 . 71.05 (1) (i) of the statutes is created to read:
AB43-ASA2,322,1410 71.05 (1) (i) Commercial loans. Income from a tax-option corporation that is
11a financial institution, as defined in s. 69.30 (1) (b), including interest, fees, and
12penalties, derived from a commercial loan of $5,000,000 or less provided to a person
13residing or located in this state and used primarily for a business or agricultural
14purpose.
AB43-ASA2,326 15Section 326. 71.06 (1q) (a) of the statutes is amended to read:
AB43-ASA2,322,1816 71.06 (1q) (a) On all taxable income from $0 to $7,500, 4.40 percent, except that
17for taxable years beginning after December 31, 2013, 4.0 percent and except that the
18rate is 3.50 percent for taxable years beginning after December 31, 2022
.
AB43-ASA2,327 19Section 327. 71.06 (1q) (b) of the statutes is amended to read:
AB43-ASA2,322,2320 71.06 (1q) (b) On all taxable income exceeding $7,500 but not exceeding
21$15,000, 5.84 percent, except that for taxable years beginning after December 31,
222018, 5.21 percent and except that the rate is 4.40 percent for taxable years
23beginning after December 31, 2022
.
AB43-ASA2,328 24Section 328. 71.06 (1q) (c) of the statutes is amended to read:
AB43-ASA2,323,4
171.06 (1q) (c) On all taxable income exceeding $15,000 but not exceeding
2$225,000, 6.27 percent, except that for taxable years beginning after December 31,
32020, 5.30 percent and except that the rate is 4.40 percent for taxable years
4beginning after December 31, 2022
.
AB43-ASA2,329 5Section 329. 71.06 (1q) (d) of the statutes is amended to read:
AB43-ASA2,323,76 71.06 (1q) (d) On all taxable income exceeding $225,000, 7.65 percent, except
7that the rate is 6.50 percent for taxable years beginning after December 31, 2022
.
AB43-ASA2,330 8Section 330. 71.06 (2) (i) 1. of the statutes is amended to read:
AB43-ASA2,323,119 71.06 (2) (i) 1. On all taxable income from $0 to $10,000, 4.40 percent, except
10that for taxable years beginning after December 31, 2013, 4.0 percent and except that
11the rate is 3.50 percent for taxable years beginning after December 31, 2022
.
AB43-ASA2,331 12Section 331. 71.06 (2) (i) 2. of the statutes is amended to read:
AB43-ASA2,323,1613 71.06 (2) (i) 2. On all taxable income exceeding $10,000 but not exceeding
14$20,000, 5.84 percent, except that for taxable years beginning after December 31,
152018, 5.21 percent and except that the rate is 4.40 percent for taxable years
16beginning after December 31, 2022
.
AB43-ASA2,332 17Section 332. 71.06 (2) (i) 3. of the statutes is amended to read:
AB43-ASA2,323,2118 71.06 (2) (i) 3. On all taxable income exceeding $20,000 but not exceeding
19$300,000, 6.27 percent, except that for taxable years beginning after December 31,
202020, 5.30 percent and except that the rate is 4.40 percent for taxable years
21beginning after December 31, 2022
.
AB43-ASA2,333 22Section 333. 71.06 (2) (i) 4. of the statutes is amended to read:
AB43-ASA2,323,2423 71.06 (2) (i) 4. On all taxable income exceeding $300,000, 7.65 percent, except
24that the rate is 6.50 percent for taxable years beginning after December 31, 2022
.
AB43-ASA2,334 25Section 334. 71.06 (2) (j) 1. of the statutes is amended to read:
AB43-ASA2,324,3
171.06 (2) (j) 1. On all taxable income from $0 to $5,000, 4.40 percent, except that
2for taxable years beginning after December 31, 2013, 4.0 percent and except that the
3rate is 3.50 percent for taxable years beginning after December 31, 2022
.
AB43-ASA2,335 4Section 335. 71.06 (2) (j) 2. of the statutes is amended to read:
AB43-ASA2,324,85 71.06 (2) (j) 2. On all taxable income exceeding $5,000 but not exceeding
6$10,000, 5.84 percent, except that for taxable years beginning after December 31,
72018, 5.21 percent and except that the rate is 4.40 percent for taxable years
8beginning after December 31, 2022
.
AB43-ASA2,336 9Section 336. 71.06 (2) (j) 3. of the statutes is amended to read:
AB43-ASA2,324,1310 71.06 (2) (j) 3. On all taxable income exceeding $10,000 but not exceeding
11$150,000, 6.27 percent, except that for taxable years beginning after December 31,
122020, 5.30 percent and except that the rate is 4.40 percent for taxable years
13beginning after December 31, 2022
.
AB43-ASA2,337 14Section 337. 71.06 (2) (j) 4. of the statutes is amended to read:
AB43-ASA2,324,1615 71.06 (2) (j) 4. On all taxable income exceeding $150,000, 7.65 percent, except
16that the rate is 6.50 percent for taxable years beginning after December 31, 2022
.
AB43-ASA2,338 17Section 338 . 71.07 (4k) (e) 2. a. of the statutes is amended to read: