2019 - 2020 LEGISLATURE

September 5, 2019 - Introduced by Representatives Katsma, Macco, Riemer,
Bowen, Brandtjen, Brostoff, Dittrich, Duchow, Edming, Gundrum,
Kuglitsch, Kulp, Loudenbeck, Murphy, Neylon, Ohnstad, Ramthun, Spiros,
C. Taylor, Wittke, Zimmerman and Tusler, cosponsored by Senators
Marklein, Kooyenga, Smith, Craig, Feyen, Kapenga, Nass, Olsen,
Ringhand, Stroebel, L. Taylor and Wanggaard. Referred to Committee on
Ways and Means.

AB395,1,10 1An Act to repeal 20.835 (2) (bc), 20.835 (2) (bd), 20.835 (2) (be), 20.835 (2) (bL),
220.835 (2) (bm), 20.835 (2) (bn), 20.835 (2) (bp), 20.835 (2) (en), 20.855 (4) (co),
341.155, 71.07 (3p), 71.07 (3r), 71.07 (3rm), 71.07 (3rn), 71.07 (5f), 71.07 (5h),
471.07 (8r), 71.10 (7e) (c) 2., 71.28 (3p), 71.28 (3r), 71.28 (3rm), 71.28 (3rn), 71.28
5(5f), 71.28 (5h), 71.28 (8r), 71.47 (3p), 71.47 (3r), 71.47 (3rm), 71.47 (3rn), 71.47
6(5f), 71.47 (5h), 71.47 (8r), 93.53, 93.535, 93.54, 93.545 and 93.547; to
7renumber 71.10 (7e) (c) 1.; and to amend 71.05 (6) (a) 15., 71.05 (6) (b) 47. b.,
871.08 (1) (intro.), 71.10 (4) (i), 71.21 (4) (a), 71.26 (2) (a) 4., 71.30 (3) (f), 71.34
9(1k) (g), 71.45 (2) (a) 10. and 71.49 (1) (f) of the statutes; relating to: repealing
10obsolete refundable tax credits.

Analysis by the Legislative Reference Bureau

This bill repeals the following credits that taxpayers may no longer claim:

1. The meat processing facility investment credit.

2. The food processing and warehouse investment credit.

3. The film production company investment credit.

4. The film production services credit.

5. The dairy manufacturing facility investment credit.

6. The beginning farmer and farm asset owner credit.

7. The woody biomass harvesting and processing credit.

The bill also repeals the provision under current law that limits the amount
that the state may pay to Illinois under the Illinois income tax reciprocity program
for taxable years beginning after December 31, 1997, and before January 1, 2000.

The people of the state of Wisconsin, represented in senate and assembly, do
enact as follows:

AB395,1 1Section 1. 20.835 (2) (bc) of the statutes is repealed.

AB395,2 2Section 2. 20.835 (2) (bd) of the statutes is repealed.

AB395,3 3Section 3. 20.835 (2) (be) of the statutes is repealed.

AB395,4 4Section 4. 20.835 (2) (bL) of the statutes is repealed.

AB395,5 5Section 5. 20.835 (2) (bm) of the statutes is repealed.

AB395,6 6Section 6. 20.835 (2) (bn) of the statutes is repealed.

AB395,7 7Section 7. 20.835 (2) (bp) of the statutes is repealed.