AB2-SSA1,11,2419 71.01 (6) (k) 3. For purposes of this paragraph, “Internal Revenue Code" does
20not include amendments to the federal Internal Revenue Code enacted after
21December 31, 2016, except that “Internal Revenue Code” includes sections 11024,
2211025, and 13543 of P.L. 115-97; sections 40307 and 40413 of P.L. 115-123; sections
23101 (m), (n), (o), (p), and (q), 104 (a), and 109 of division U of P.L. 115-141; and section
24102 of division M and sections 110, 111, and 116 (b) of division O of P.L. 116-94
.
AB2-SSA1,18 25Section 18 . 71.01 (6) (L) 1. of the statutes is amended to read:
AB2-SSA1,12,5
171.01 (6) (L) 1. For taxable years beginning after December 31, 2017, and
2before January 1, 2021,
for individuals and fiduciaries, except fiduciaries of nuclear
3decommissioning trust or reserve funds, “Internal Revenue Code" means the federal
4Internal Revenue Code as amended to December 31, 2017, except as provided in
5subds. 2. and 3. and s. 71.98 and subject to subd. 4.
AB2-SSA1,19 6Section 19. 71.01 (6) (L) 3. of the statutes is amended to read:
AB2-SSA1,12,187 71.01 (6) (L) 3. For purposes of this paragraph, “Internal Revenue Code" does
8not include amendments to the federal Internal Revenue Code enacted after
9December 31, 2017, except that “Internal Revenue Code” includes sections 40307,
1040413, and 41113 of P.L. 115-123; sections 101 (m), (n), (o), (p), and (q), 104 (a), 109,
11401 (a) (54) and (b) (15) (A), (B), and (C), 19, 20, 23, 26, 27, and 28 of division U of P.L.
12115-141; sections 102 and 104 of division M, sections 102, 103, 106, 107, 108, 109,
13110, 111, 113, 114, 115, 116, 201, 204, 205, 206, 302, 401, and 601 of division O, section
141302 of division P, and sections 131, 202 (d), and 205 of division Q of P.L. 116-94;

15sections 1106, 2202, 2203, 2204, 2205, 2206, 2307, 3608, 3609, 3701, and 3702 of
16division A of P.L. 116-136; and sections 202, 208, 209, 211, and 214 of division EE and
17sections 276 (a) and (b), 277, 278 (a), (b), (c), and (d), 280, and 285 of division N of P.L.
18116-260
.
AB2-SSA1,20 19Section 20 . 71.01 (6) (L) 4. of the statutes is amended to read:
AB2-SSA1,12,2520 71.01 (6) (L) 4. For purposes of this paragraph, the provisions of federal public
21laws that directly or indirectly affect the Internal Revenue Code, as defined in this
22paragraph, apply for Wisconsin purposes at the same time as for federal purposes,
23except that changes made by P.L. 115-63 and sections 11026, 11027, 11028, 13207,
2413306, 13307, 13308, 13311, 13312, 13501, 13705, 13821, and 13823 of P.L. 115-97
25first apply for taxable years beginning after December 31, 2017
.
AB2-SSA1,21
1Section 21. 71.01 (6) (m) of the statutes is created to read:
AB2-SSA1,13,62 71.01 (6) (m) 1. For taxable years beginning after December 31, 2020, for
3individuals and fiduciaries, except fiduciaries of nuclear decommissioning trust or
4reserve funds, “Internal Revenue Code” means the federal Internal Revenue Code
5as amended to December 31, 2020, except as provided in subds. 2. and 3. and s. 71.98
6and subject to subd. 4.
AB2-SSA1,14,57 2. For purposes of this paragraph, “Internal Revenue Code” does not include
8the following provisions of federal public laws for taxable years beginning after
9December 31, 2020: section 13113 of P.L. 103-66; sections 1, 3, 4, and 5 of P.L.
10106-519; sections 101, 102, and 422 of P.L. 108-357; sections 1310 and 1351 of P.L.
11109-58; section 11146 of P.L. 109-59; section 403 (q) of P.L. 109-135; section 513 of
12P.L. 109-222; sections 104 and 307 of P.L. 109-432; sections 8233 and 8235 of P.L.
13110-28; section 11 (e) and (g) of P.L. 110-172; section 301 of P.L. 110-245; section
1415351 of P.L. 110-246; section 302 of division A, section 401 of division B, and sections
15312, 322, 502 (c), 707, and 801 of division C of P.L. 110-343; sections 1232, 1241, 1251,
161501, and 1502 of division B of P.L. 111-5; sections 211, 212, 213, 214, and 216 of P.L.
17111-226; sections 2011 and 2122 of P.L. 111-240; sections 753, 754, and 760 of P.L.
18111-312; section 1106 of P.L. 112-95; sections 104, 318, 322, 323, 324, 326, 327, and
19411 of P.L. 112-240; P.L. 114-7; section 1101 of P.L. 114-74; section 305 of division
20P of P.L. 114-113; sections 123, 125 to 128, 143, 144, 151 to 153, 165 to 167, 169 to
21171, 189, 191, 307, 326, and 411 of division Q of P.L. 114-113; sections 11011, 11012,
2213201 (a) to (e) and (g), 13206, 13221, 13301, 13304 (a), (b), and (d), 13531, 13601,
2313801, 14101, 14102, 14103, 14201, 14202, 14211, 14212, 14213, 14214, 14215,
2414221, 14222, 14301, 14302, 14304, and 14401 of P.L. 115-97; sections 40304, 40305,
2540306, and 40412 of P.L. 115-123; section 101 (c) of division T of P.L. 115-141;

1sections 101 (d) and (e), 102, 201 to 207, 301, 302, and 401 (a) (47) and (195), (b) (13),
2(17), (22) and (30), and (d) (1) (D) (v), (vi), and (xiii) and (xvii) (II) of division U of P.L.
3115-141; sections 104, 114, 115, 116, 130, and 145 of division Q of P.L. 116-94;
4sections 2304 and 2306 of P.L. 116-136; and sections 111, 114, 115, 116, 118 (a) and
5(d), 133, 137, 138, and 210 of division EE of P.L. 116-260.
AB2-SSA1,14,76 3. For purposes of this paragraph, “Internal Revenue Code” does not include
7amendments to the federal Internal Revenue Code enacted after December 31, 2020.
AB2-SSA1,14,188 4. For purposes of this paragraph, the provisions of federal public laws that
9directly or indirectly affect the Internal Revenue Code, as defined in this paragraph,
10apply for Wisconsin purposes at the same time as for federal purposes, except that
11changes made by sections 20101, 20102, 20104, 20201, 40201, 40202, 40203, 40308,
1240309, 40311, 40414, 41101, 41107, 41114, 41115, and 41116 of P.L. 115-123; section
13101 (a), (b), and (h) of division U of P.L. 115-141; section 1203 of P.L. 116-25; section
141122 of P.L. 116-92; section 301 of division O, section 1302 of division P, and sections
15101, 102, 103, 117, 118, 132, 201, 202 (a), (b), and (c), 204 (a), (b), and (c), 301, and
16302 of division Q of P.L. 116-94; section 2 of P.L. 116-98; and sections 301, 302, and
17304 of division EE of P.L. 116-260 apply for taxable years beginning after December
1831, 2020.
AB2-SSA1,22 19Section 22 . 71.01 (7g) of the statutes is created to read:
AB2-SSA1,14,2120 71.01 (7g) For purposes of s. 71.01 (6) (b), 2013 stats., “Internal Revenue Code"
21includes section 109 of division U of P.L. 115-141.
AB2-SSA1,23 22Section 23 . 71.05 (1) (ae) of the statutes is repealed.
AB2-SSA1,24 23Section 24 . 71.05 (1) (am) of the statutes is amended to read:
AB2-SSA1,15,3
171.05 (1) (am) Military retirement systems. All retirement payments received
2from the U.S. military employee retirement system, to the extent that such payments
3are not exempt under par. (a) or (ae) or sub. (6) (b) 54.
AB2-SSA1,25 4Section 25 . 71.05 (1) (an) of the statutes is amended to read:
AB2-SSA1,15,95 71.05 (1) (an) Uniformed services retirement benefits. All retirement payments
6received from the U.S. government that relate to service with the coast guard, the
7commissioned corps of the national oceanic and atmospheric administration, or the
8commissioned corps of the public health service, to the extent that such payments are
9not exempt under par. (a), (ae), or (am) or sub. (6) (b) 54.
AB2-SSA1,26 10Section 26. 71.05 (1) (h) of the statutes is created to read:
AB2-SSA1,15,1211 71.05 (1) (h) Grants to businesses harmed by the pandemic. Income received
12in the form of a grant issued under s. 73.135.
AB2-SSA1,27 13Section 27. 71.05 (6) (a) 30. of the statutes is created to read:
AB2-SSA1,15,1714 71.05 (6) (a) 30. For taxable years beginning after December 31, 2018, the
15amount of the deductions in excess of $250,000 for expenses paid or incurred in the
16taxable year directly or indirectly from forgiven loans under sections 276 (a) and (b)
17and 278 (a) of Division N of P.L. 116-260.
AB2-SSA1,28 18Section 28 . 71.05 (6) (b) 4. of the statutes is renumbered 71.05 (6) (b) 4. (intro.)
19and amended to read:
AB2-SSA1,16,1620 71.05 (6) (b) 4. (intro.) Disability payments other than disability payments that
21are paid from a retirement plan, the payments from which are exempt under sub.
22subs. (1) (ae), (am), and (an) and (6) (b) 54., if the individual either is single or is
23married and files a joint return, to the extent those payments are excludable under
24section 105 (d) of the Internal Revenue Code as it existed immediately prior to its
25repeal in 1983 by section 122 (b) of P.L. 98-21, except that if an individual is divorced

1during the taxable year that individual may subtract an amount only if that person
2is disabled and the amount that may be subtracted then is $100 for each week that
3payments are received or the amount of disability pay reported as income, whichever
4is less. If the exclusion under this subdivision is claimed on a joint return and only
5one of the spouses is disabled, the maximum exclusion is $100 for each week that
6payments are received or the amount of disability pay reported as income, whichever
7is less.
and is under 65 years of age before the close of the taxable year to which the
8subtraction relates, retired on disability, and, when the individual retired, was
9permanently and totally disabled. In this subdivision, “permanently and totally
10disabled" means an individual who is unable to engage in any substantial gainful
11activity by reason of any medically determinable physical or mental impairment that
12can be expected to result in death or which has lasted or can be expected to last for
13a continuous period of not less than 12 months. An individual shall not be considered
14permanently and totally disabled for purposes of this subdivision unless proof is
15furnished in such form and manner, and at such times, as prescribed by the
16department. The exclusion under this subdivision shall be determined as follows:
AB2-SSA1,29 17Section 29 . 71.05 (6) (b) 4. a. to c. of the statutes are created to read:
AB2-SSA1,16,2118 71.05 (6) (b) 4. a. If the individual is single and the individual's federal adjusted
19gross income in the year to which the subtraction relates is less than $20,200, the
20maximum subtraction is $100 for each week that payments are received or the
21amount of disability pay reported as income, whichever is less.
AB2-SSA1,17,222 b. If the individual is married and filing a joint return and the couple's federal
23adjusted gross income in the year to which the subtraction relates is less than
24$20,200, or $25,400 if both spouses are disabled, the maximum subtraction is $100

1for each week that payments are received, per spouse if both spouses are disabled,
2or the amount of disability pay reported as income, whichever is less.
AB2-SSA1,17,73 c. If the federal adjusted gross income of the individual, or individuals if filing
4a joint return, for the taxable year, determined without regard to this subd. 4.,
5exceeds $15,000, the amount subtracted under this subd. 4. for the taxable year shall
6be reduced by an amount equal to the excess of the federal adjusted gross income over
7$15,000.