SB693,5 17Section 5 . 71.26 (2) (a) 4. of the statutes is amended to read:
SB693,4,2318 71.26 (2) (a) 4. Plus the amount of the credit computed under s. 71.28 (1dm),
19(1dx), (1dy), (3g), (3h), (3n), (3p), (3q), (3r), (3rm), (3rn), (3t), (3w), (3wm), (3y), (5e),
20(5f), (5g), (5h), (5i), (5j), (5k), (5r), (5rm), (6n), (8m), (8r), (9s), and (10) and not passed
21through by a partnership, limited liability company, or tax-option corporation that
22has added that amount to the partnership's, limited liability company's, or
23tax-option corporation's income under s. 71.21 (4) or 71.34 (1k) (g).
SB693,6 24Section 6 . 71.28 (8m) of the statutes is created to read:
SB693,5,2
171.28 (8m) Universal changing station credit. (a) Definitions. In this
2subsection:
SB693,5,43 1. “Claimant" means a person who files a claim under this subsection and meets
4either of the following conditions during the preceding taxable year:
SB693,5,55 a. Had gross receipts that did not exceed $1,000,000.
SB693,5,66 b. Employed no more than 30 full-time employees.
SB693,5,87 2. “Full-time employee” means an individual who is employed for at least 30
8hours per week for 20 or more calendar weeks during a taxable year.
SB693,5,139 (b) Filing claims. For taxable years beginning after December 31, 2019, subject
10to the limitations provided in this subsection, a claimant may claim as a credit
11against the tax imposed under s. 71.23, up to the amount of those taxes, an amount
12equal to 50 percent of the amount the claimant paid during the taxable year to install
13a universal changing station, as defined in s. 101.129 (1) (f).
SB693,5,1514 (c) Limitations. 1. No credit may be claimed under this subsection unless the
15universal changing station meets the requirements of s. 101.129 (3).
SB693,5,1616 2. The credit claimed under this subsection may not exceed $5,125.
SB693,5,2317 3. Partnerships, limited liability companies, and tax-option corporations may
18not claim the credit under this subsection, but the eligibility for, and the amount of,
19the credit are based on the amounts paid by the entity. A partnership, limited
20liability company, or tax-option corporation shall compute the amount of credit that
21each of its partners, members, or shareholders may claim and shall provide that
22information to each of them. Partners, members, and shareholders may claim the
23credit in proportion to their ownership interests.
SB693,5,2524 (d) Administration. Sub. (4) (e) to (h), as it applies to the credit under sub. (4),
25applies to the credit under this subsection.
SB693,7
1Section 7. 71.30 (3) (cu) of the statutes is created to read:
SB693,6,22 71.30 (3) (cu) Universal changing stain credit under s. 71.28 (8m).
SB693,8 3Section 8 . 71.34 (1k) (g) of the statutes is amended to read:
SB693,6,74 71.34 (1k) (g) An addition shall be made for credits computed by a tax-option
5corporation under s. 71.28 (1dm), (1dx), (1dy), (3), (3g), (3h), (3n), (3p), (3q), (3r),
6(3rm), (3rn), (3t), (3w), (3wm), (3y), (4), (5), (5e), (5f), (5g), (5h), (5i), (5j), (5k), (5r),
7(5rm), (6n), (8m), (8r), and (10) and passed through to shareholders.
SB693,9 8Section 9 . 71.45 (2) (a) 10. of the statutes is amended to read:
SB693,6,159 71.45 (2) (a) 10. By adding to federal taxable income the amount of credit
10computed under s. 71.47 (1dm) to (1dy), (3g), (3h), (3n), (3p), (3q), (3r), (3rm), (3rn),
11(3w), (3y), (5e), (5f), (5g), (5h), (5i), (5j), (5k), (5r), (5rm), (6n), (8m), (8r), (9s), and (10)
12and not passed through by a partnership, limited liability company, or tax-option
13corporation that has added that amount to the partnership's, limited liability
14company's, or tax-option corporation's income under s. 71.21 (4) or 71.34 (1k) (g) and
15the amount of credit computed under s. 71.47 (1), (3), (3t), (4), (4m), and (5).
SB693,10 16Section 10 . 71.47 (8m) of the statutes is created to read:
SB693,6,1817 71.47 (8m) Universal changing station credit. (a) Definitions. In this
18subsection:
SB693,6,2019 1. “Claimant" means a person who files a claim under this subsection and meets
20either of the following conditions during the preceding taxable year:
SB693,6,2121 a. Had gross receipts that did not exceed $1,000,000.
SB693,6,2222 b. Employed no more than 30 full-time employees.
SB693,6,2423 2. “Full-time employee” means an individual who is employed for at least 30
24hours per week for 20 or more calendar weeks during a taxable year.
SB693,7,5
1(b) Filing claims. For taxable years beginning after December 31, 2019, subject
2to the limitations provided in this subsection, a claimant may claim as a credit
3against the tax imposed under s. 71.43, up to the amount of those taxes, an amount
4equal to 50 percent of the amount the claimant paid during the taxable year to install
5a universal changing station, as defined in s. 101.129 (1) (f).
SB693,7,76 (c) Limitations. 1. No credit may be claimed under this subsection unless the
7universal changing station meets the requirements of s. 101.129 (3).
SB693,7,88 2. The credit claimed under this subsection may not exceed $5,125.
SB693,7,159 3. Partnerships, limited liability companies, and tax-option corporations may
10not claim the credit under this subsection, but the eligibility for, and the amount of,
11the credit are based on the amounts paid by the entity. A partnership, limited
12liability company, or tax-option corporation shall compute the amount of credit that
13each of its partners, members, or shareholders may claim and shall provide that
14information to each of them. Partners, members, and shareholders may claim the
15credit in proportion to their ownership interests.