SB45,126912Section 1269. 71.07 (3w) (bm) 1. of the statutes is amended to read:
SB45,670,231371.07 (3w) (bm) 1. In addition to the credits under par. pars. (b) and (bd) and
14subds. 2., 3., and 4., and subject to the limitations provided in this subsection and s.
15238.399 or s. 560.799, 2009 stats., a claimant may claim as a credit against the tax
16imposed under s. 71.02 or 71.08 an amount equal to a percentage, as determined
17under s. 238.399 or s. 560.799, 2009 stats., not to exceed 100 percent, of the amount
18the claimant paid in the taxable year to upgrade or improve the job-related skills of
19any of the claimants full-time employees, to train any of the claimants full-time
20employees on the use of job-related new technologies, or to provide job-related
21training to any full-time employee whose employment with the claimant represents
22the employees first full-time job. This subdivision does not apply to employees who
23do not work in an enterprise zone.
SB45,1270
1Section 1270. 71.07 (3w) (bm) 2. of the statutes is renumbered 71.07 (3w)
2(bm) 2. (intro.) and amended to read:
SB45,671,6371.07 (3w) (bm) 2. (intro.) In addition to the credits under par. pars. (b) and
4(bd) and subds. 1., 3., and 4., and subject to the limitations provided in this
5subsection and s. 238.399 or s. 560.799, 2009 stats., a claimant may claim as a
6credit against the tax imposed under s. 71.02 or 71.08 one of the following amounts:
SB45,671,187a. For a claimant whose contract is executed prior to January 1, 2026, an
8amount equal to the percentage, as determined under s. 238.399 or s. 560.799, 2009
9stats., not to exceed 7 percent, of the claimants zone payroll paid in the taxable year
10to all of the claimants full-time employees whose annual wages are greater than
11the amount determined by multiplying 2,080 by 150 percent of the federal
12minimum wage in a tier I county or municipality, not including the wages paid to
13the employees determined under par. (b) 1., or greater than $30,000 in a tier II
14county or municipality, not including the wages paid to the employees determined
15under par. (b) 1., and who the claimant employed in the enterprise zone in the
16taxable year, if the total number of such employees is equal to or greater than the
17total number of such employees in the base year. A claimant may claim a credit
18under this subdivision for no more than 5 consecutive taxable years.
SB45,127119Section 1271. 71.07 (3w) (bm) 2. b. of the statutes is created to read:
SB45,672,62071.07 (3w) (bm) 2. b. For a claimant whose contract is executed after
21December 31, 2025, an amount equal to the percentage, as determined under s.
22238.399, not to exceed 7 percent, of the claimants zone payroll paid in the taxable
23year to all of the claimants full-time employees whose annual wages are greater

1than $34,220 in a tier I county or municipality, not including the wages paid to the
2employees determined under par. (bd) 1., or greater than $45,390 in a tier II county
3or municipality, not including the wages paid to the employees determined under
4par. (bd) 1., and who the claimant employed in the enterprise zone in the taxable
5year, if the total number of such employees is equal to or greater than the total
6number of such employees in the base year.
SB45,12727Section 1272. 71.07 (3w) (bm) 3. of the statutes is amended to read:
SB45,672,13871.07 (3w) (bm) 3. In addition to the credits under par. pars. (b) and (bd) and
9subds. 1., 2., and 4., and subject to the limitations provided in this subsection and s.
10238.399 or s. 560.799, 2009 stats., for taxable years beginning after December 31,
112008, a claimant may claim as a credit against the tax imposed under s. 71.02 or
1271.08 up to 10 percent of the claimants significant capital expenditures, as
13determined under s. 238.399 (5m) or s. 560.799 (5m), 2009 stats.
SB45,127314Section 1273. 71.07 (3w) (bm) 4. of the statutes is amended to read:
SB45,672,231571.07 (3w) (bm) 4. In addition to the credits under par. pars. (b) and (bd) and
16subds. 1., 2., and 3., and subject to the limitations provided in this subsection and s.
17238.399 or s. 560.799, 2009 stats., for taxable years beginning after December 31,
182009, a claimant may claim as a credit against the tax imposed under s. 71.02 or
1971.08, up to 1 percent of the amount that the claimant paid in the taxable year to
20purchase tangible personal property, items, property, or goods under s. 77.52 (1) (b),
21(c), or (d), or services from Wisconsin vendors, as determined under s. 238.399 (5)
22(e) or s. 560.799 (5) (e), 2009 stats., except that the claimant may not claim the
23credit under this subdivision and subd. 3. for the same expenditures.
SB45,1274
1Section 1274. 71.07 (3w) (cm) of the statutes is created to read:
SB45,673,12271.07 (3w) (cm) Inflation adjustments. For taxable years beginning after
3December 31, 2026, the dollar amounts in pars. (a) 6. b., (bd) 1. a. and b., 2., and 3.,
4and (bm) 2. b. shall be increased each year by a percentage equal to the percentage
5change between the U.S. consumer price index for all urban consumers, U.S. city
6average, for the month of August of the previous year and the U.S. consumer price
7index for all urban consumers, U.S. city average, for the month of August of the year
8before the previous year, as determined by the federal department of labor. Each
9amount that is revised under this paragraph shall be rounded to the nearest
10multiple of $10 if the revised amount is not a multiple of $10 or, if the revised
11amount is a multiple of $5, such an amount shall be increased to the next higher
12multiple of $10.
SB45,127513Section 1275. 71.07 (3y) (b) 6. of the statutes is amended to read:
SB45,673,201471.07 (3y) (b) 6. For taxable years beginning after December 31, 2023, and
15before January 1, 2025, the amount of the investment in workforce housing, as
16defined in s. 234.66 (1) (i), for employees, not to exceed 15 percent of such
17investment, and, for taxable years beginning after December 31, 2023, the amount
18of the investment in establishing an employee child care program for employees, not
19to exceed 15 percent of such investment, as determined by the Wisconsin Economic
20Development Corporation.
SB45,127621Section 1276. 71.07 (3y) (b) 7. of the statutes is created to read:
SB45,674,22271.07 (3y) (b) 7. For taxable years beginning after December 31, 2024, the
23amount of the investment in workforce housing, as defined in s. 234.66 (1) (i), for
24employees, including contributions made by the person to a 3rd party responsible

1for building or rehabilitating workforce housing, including contributions made to a
2local revolving loan fund program, not to exceed 15 percent of such investment.
SB45,12773Section 1277. 71.07 (4) of the statutes is amended to read:
SB45,674,6471.07 (4) Homestead credit Property tax and rent rebate. The
5homestead credit property tax and rent rebate under subch. VIII may be claimed by
6individuals against taxes otherwise due.
SB45,12787Section 1278. 71.07 (4k) (b) 4. a. of the statutes is amended to read:
SB45,674,22871.07 (4k) (b) 4. a. Except as provided in subds. 5. and, 6., and 7., for taxable
9years beginning after December 31, 2014, an individual, a partner of a partnership,
10a shareholder of a tax-option corporation, or a member of a limited liability
11company may claim a credit against the tax imposed under s. 71.02, as allocated
12under par. (d), an amount equal to 5.75 percent of the amount by which the
13individuals, partnerships, tax-option corporations, or limited liability companys
14qualified research expenses for the taxable year exceed 50 percent of the average
15qualified research expenses for the 3 taxable years immediately preceding the
16taxable year for which the claimant claims the credit. If the individual,
17partnership, tax-option corporation, or limited liability company had no qualified
18research expenses in any of the 3 taxable years immediately preceding the taxable
19year for which the claimant claims the credit, the claimant may claim an amount
20equal to 2.875 percent of the individuals, partnerships, tax-option corporations, or
21limited liability companys qualified research expenses for the taxable year for
22which the claimant claims the credit.
SB45,127923Section 1279. 71.07 (4k) (b) 7. of the statutes is created to read:
SB45,675,132471.07 (4k) (b) 7. a. For taxable years beginning after December 31, 2024, an

1individual, a partner of a partnership, a shareholder of a tax-option corporation, or
2a member of a limited liability company may claim a credit against the tax imposed
3under s. 71.02, as allocated under par. (d), an amount equal to 11.5 percent of the
4amount by which the individuals, partnerships, tax-option corporations, or
5limited liability companys qualified research expenses for the taxable year exceed
650 percent of the average qualified research expenses for the 3 taxable years
7immediately preceding the taxable year for which the claimant claims the credit. If
8the individual, partnership, tax-option corporation, or limited liability company had
9no qualified research expenses in any of the 3 taxable years immediately preceding
10the taxable year for which the claimant claims the credit, the claimant may claim
11an amount equal to 5.75 percent of the individuals, partnerships, tax-option
12corporations, or limited liability companys qualified research expenses for the
13taxable year for which the claimant claims the credit.
SB45,675,2114b. For purposes of subd. 7. a., qualified research expenses means qualified
15research expenses as defined in section 41 of the Internal Revenue Code, except
16that qualified research expenses includes only expenses incurred by the
17individual, partnership, tax-option corporation, or limited liability company for
18research related to nuclear power, incurred for research conducted in this state, for
19the taxable year and does not include compensation used in computing the credit
20under sub. (2dx). Section 41 (f) (1), (2), (5), and (6) and (h) of the Internal Revenue
21Code does not apply to the credit under this subdivision.
SB45,128022Section 1280. 71.07 (4k) (e) 2. (intro.) of the statutes is amended to read:
SB45,676,32371.07 (4k) (e) 2. (intro.) For taxable years beginning after December 31, 2017,
24s. 71.28 (4) (b) to (e), (g), and (h), as it applies to the credit under s. 71.28 (4), applies

1to the credits under this subsection. For taxable years beginning after December
231, 2017, if the allowable amount of the claim under par. (b) 4., 5., or 6., or 7. exceeds
3the tax otherwise due under s. 71.02 or 71.08, all of the following apply:
SB45,12814Section 1281. 71.07 (4k) (e) 2. ad. of the statutes is amended to read:
SB45,676,10571.07 (4k) (e) 2. ad. For taxable years beginning after December 31, 2023, the
6amount of the claim not used to offset the tax due, not to exceed 25 percent of the
7allowable amount of the claim under par. (b) 4., 5., or 6., or 7., shall be certified by
8the department of revenue to the department of administration for payment by
9check, share draft, or other draft drawn from the appropriation account under s.
1020.835 (2) (d).
SB45,128211Section 1282. 71.07 (5f) of the statutes is created to read: