Tax 3.095 Note Note: Under par. (a), interest and dividends payable on certain securities issued on or before January 28, 1987, is exempt from Wisconsin income tax. This is because prior to enactment of 1987 Wis. Act 27, which amended s. 71.05 (1) (a) 1., 1985 Stats., effective with securities issued after January 28, 1987, no modification was provided to add to federal adjusted gross income interest and dividends which were excludable from federal adjusted gross income for any reason other than or in addition to s. 103 of the internal revenue code. Section 71.05 (1) (a) 1., 1985 Stats., was renumbered s. 71.05 (6) (a) 1., Stats., by 1987 Wis. Act 312, effective January 1, 1989.

Tax 3.095(4)(a)22. 22. Bonds or notes issued by a sponsoring municipality to assist a local exposition district created under subch. II of ch. 229, Stats.

Tax 3.095(4)(b) (b) Federal securities exempt from Wisconsin income tax.

Tax 3.095(4)(b)1. 1. Armed Services Housing Mortgage Insurance debentures, 12 USC 1748b (f).

Tax 3.095(4)(b)2. 2. Bank for Cooperative debentures, 12 USC 2134.

Tax 3.095(4)(b)3. 3. Bank repurchase agreements for U.S. Government treasury bills, notes and bonds, if interest is paid by the federal government directly to the taxpayer.

Tax 3.095(4)(b)4. 4. Commodity Credit Corporation bonds, 15 USC 713a-5.

Tax 3.095(4)(b)5. 5. Commonwealth of Puerto Rico public improvement bonds, 48 USC 745.

Tax 3.095(4)(b)6. 6. Farm Credit System Financial Assistance Corporation notes, bonds and debentures, 12 USC 2278b-10 (b).

Tax 3.095(4)(b)7. 7. Federal Deposit Insurance Corporation bonds, 12 USC 1825.

Tax 3.095(4)(b)8. 8. Federal Farm Credit Banks Consolidated Systemwide Securities, 12 USC 2023.

Tax 3.095(4)(b)9. 9. Federal Home Loan Bank bonds, debentures and notes, 12 USC 1433.

Tax 3.095(4)(b)10. 10. Federal Housing Authority debentures, 12 USC 1710 (d) and 1747g (g).

Tax 3.095(4)(b)11. 11. Federal Intermediate Credit Bank debentures, 12 USC 2023.

Tax 3.095(4)(b)12. 12. Federal Land Bank Association bonds, notes and debentures, 12 USC 2098.

Tax 3.095(4)(b)13. 13. Federal Land Bank bonds, 12 USC 2055.

Tax 3.095(4)(b)14. 14. Federal Reserve Bank dividends, 12 USC 531.

Tax 3.095(4)(b)15. 15. Federal Savings and Loan Insurance Corporation bonds, 12 USC 1725 (e).

Tax 3.095(4)(b)16. 16. Financial Assistance Corporation bonds, notes and debentures, 12 USC 2278b-10 (b).

Tax 3.095(4)(b)17. 17. Financing Corporation obligations, 12 USC 1441.

Tax 3.095(4)(b)18. 18. General Insurance Fund debentures issued to acquire housing projects, 12 USC 1747g (g).

Tax 3.095(4)(b)18e. 18e. General Insurance Fund debentures issued under the National Defense Housing Insurance, 12 USC 1750c (d).

Tax 3.095(4)(b)18m. 18m. General Insurance Fund debentures issued under the Neighborhood Conservation Housing Insurance, 12 USC 1715k (h) (7).

Tax 3.095(4)(b)18s. 18s. General Insurance Fund debentures issued under the Rental Housing Insurance, 12 USC 1713 (i).

Tax 3.095(4)(b)19. 19. General Insurance Fund debentures issued under the War Housing Insurance Law, 12 USC 1739 (d).

Tax 3.095(4)(b)20. 20. General Services Administration Public Building Trust Participation certificates, 31 USC 3124.

Tax 3.095(4)(b)21. 21. Guam bonds, 48 USC 1423a.

Tax 3.095(4)(b)21g. 21g. National Credit Union Central Liquidity Facility, 12 USC 1795k (b).

Tax 3.095(4)(b)21r. 21r. Northern Mariana Islands, 48 USC 1801 and s. 607 (a) of the Covenant to Establish a Commonwealth of the Northern Mariana Islands.