AB50,719,6471.28 (6) (g) 1m. No person may claim the credit under par. (a) 4. unless the
5person claims the credit for the taxable year in which the rehabilitation work is
6completed.
AB50,13607Section 1360. 71.28 (6) (h) of the statutes is amended to read:
AB50,719,19871.28 (6) (h) Any person, including a nonprofit entity described in section 501
9(c) (3) of the Internal Revenue Code, may sell or otherwise transfer the credit under
10par. (a) 2m. or, 3., or 4., in whole or in part, to another person who is subject to the
11taxes imposed under s. 71.02, 71.23, or 71.43, if the person notifies the department
12of the transfer, and submits with the notification a copy of the transfer documents,
13and the department certifies ownership of the credit with each transfer. The
14transferor may file a claim for more than one taxable year on a form prescribed by
15the department to compute all years of the credit under par. (a) 2m. or, 3., or 4., at
16the time of the transfer request. The transferee may first use the credit to offset tax
17in the taxable year of the transferor in which the transfer occurs, and may use the
18credit only to offset tax in taxable years otherwise allowed to be claimed and carried
19forward by the original claimant.
AB50,136120Section 1361. 71.28 (8b) (a) 7. of the statutes is amended to read:
AB50,720,62171.28 (8b) (a) 7. Qualified development means a qualified low-income
22housing project under section 42 (g) of the Internal Revenue Code that is financed
23with tax-exempt bonds, pursuant to section 42 (i) (2) described in section 42 (h) (4)
24(A) of the Internal Revenue Code, allocated the credit under section 42 of the

1Internal Revenue Code, and located in this state; except that the authority may
2waive, in the qualified allocation plan under section 42 (m) (1) (B) of the Internal
3Revenue Code, the requirements of tax-exempt bond financing and federal credit
4allocation to the extent the authority anticipates that sufficient volume cap under
5section 146 of the Internal Revenue Code will not be available to finance low-income
6housing projects in any year.
AB50,13627Section 1362. 71.28 (8m) of the statutes is created to read:
AB50,720,9871.28 (8m) Universal changing station credit. (a) Definitions. In this
9subsection:
AB50,720,11101. Claimant means a person who files a claim under this subsection and
11meets either of the following conditions during the preceding taxable year:
AB50,720,1212a. Had gross receipts that did not exceed $1,000,000.
AB50,720,1313b. Employed no more than 30 full-time employees.
AB50,720,15142. Full-time employee means an individual who is employed for at least 30
15hours per week for 20 or more calendar weeks during a taxable year.
AB50,720,16163. Universal changing station has the meaning given in s. 71.07 (8m) (a) 3.
AB50,720,2117(b) Filing claims. For taxable years beginning after December 31, 2024,
18subject to the limitations provided in this subsection, a claimant may claim as a
19credit against the tax imposed under s. 71.23, up to the amount of those taxes, an
20amount equal to 50 percent of the amount the claimant paid during the taxable
21year to install a universal changing station.
AB50,721,422(c) Limitations. 1. No credit may be claimed under this subsection unless the
23universal changing station is installed in a single-occupant restroom that measures

1at least 8 feet by 10 feet, with adequate space for a wheelchair and a care provider to
2maneuver; that is equipped with a waste receptacle, a toilet, a lavatory, a soap
3dispenser, and a paper towel dispenser; and that complies with accessibility
4standards under the federal Americans with Disabilities Act.
AB50,721,552. The credit claimed under this subsection may not exceed $5,125.
AB50,721,1263. Partnerships, limited liability companies, and tax-option corporations may
7not claim the credit under this subsection, but the eligibility for, and the amount of,
8the credit are based on the amounts paid by the entity. A partnership, limited
9liability company, or tax-option corporation shall compute the amount of credit that
10each of its partners, members, or shareholders may claim and shall provide that
11information to each of them. Partners, members, and shareholders may claim the
12credit in proportion to their ownership interests.
AB50,721,1413(d) Administration. Subsection (4) (e) to (h), as it applies to the credit under
14sub. (4), applies to the credit under this subsection.
AB50,136315Section 1363. 71.30 (3) (cu) of the statutes is created to read:
AB50,721,161671.30 (3) (cu) Universal changing station credit under s. 71.28 (8m).
AB50,136417Section 1364. 71.30 (3) (epr) of the statutes is created to read:
AB50,721,191871.30 (3) (epr) Film production company investment credit under s. 71.28
19(5h).
AB50,136520Section 1365. 71.30 (3) (eps) of the statutes is created to read:
AB50,721,212171.30 (3) (eps) Film production services credit under s. 71.28 (5f) (b) 1. and 3.
AB50,136622Section 1366. 71.30 (3) (f) of the statutes is amended to read:
AB50,722,52371.30 (3) (f) The total of farmland preservation credit under subch. IX, jobs

1credit under s. 71.28 (3q), enterprise zone jobs credit under s. 71.28 (3w), electronics
2and information technology manufacturing zone credit under s. 71.28 (3wm),
3business development credit under s. 71.28 (3y), research credit under s. 71.28 (4)
4(k) 1., film production services credit under s. 71.28 (5f) (b) 2., and estimated tax
5payments under s. 71.29.
AB50,13676Section 1367. 71.34 (1k) (g) of the statutes is amended to read:
AB50,722,10771.34 (1k) (g) An addition shall be made for credits computed by a tax-option
8corporation under s. 71.28 (1dm), (1dx), (1dy), (3), (3g), (3h), (3n), (3q), (3t), (3w),
9(3wm), (3y), (4), (5), (5f), (5g), (5h), (5i), (5j), (5k), (5r), (5rm), (6n), (8m), and (10) and
10passed through to shareholders.
AB50,136811Section 1368. 71.365 (4m) (d) 2. of the statutes is amended to read:
AB50,722,131271.365 (4m) (d) 2. Except as provided in s. 71.07 (7) (b) 3. and (9m) (f) 2. a., the
13tax credits under this chapter may not be claimed by the tax-option corporation.