AB1033-ASA1,4,2322 b. Verify each reported expenditure that is included in the audit and identify
23and exclude each expenditure that does not satisfy this subsection.

AB1033-ASA1,5,524 3. Eligible expenditures incurred and eligible wages paid by a tax-option
25corporation, partnership, or limited liability company that is treated as a

1partnership may be claimed as a credit under this subsection by that corporation's
2shareholders, that partnership's partners, or that limited liability company's
3members who are residents of this state and who otherwise qualify under this
4subsection, unless the tax-option corporation, partnership, or limited liability
5company has made an election under s. 71.21 (6) (a) or 71.365 (4m) (a).

AB1033-ASA1,5,86 4. If a tax-option corporation, partnership, or limited liability company makes
7an election under s. 71.21 (6) (a) or 71.365 (4m) (a), that tax-option corporation,
8partnership, or limited liability company may claim the credit under this subsection.

AB1033-ASA1,5,109 (d) Administration. 1. Section 71.28 (4) (e), (g), and (h), as it applies to the
10credit under s. 71.28 (4), applies to the credits under this subsection.

AB1033-ASA1,5,1611 2. If the allowable amount of the claim under par. (b) exceeds the tax otherwise
12due under this chapter or no tax is due under this chapter, the amount of the claim
13not used to offset the tax due shall be certified by the department of revenue to the
14department of administration for payment by check, share draft, or other draft
15drawn from the appropriation account under s. 20.835 (2) (de). Notwithstanding s.
1671.82 (1) (b), no interest shall be added to amounts certified under this subdivision.

AB1033-ASA1,6,218 71.10 (4) (i) The total of claim of right credit under s. 71.07 (1), farmland
19preservation credit under ss. 71.57 to 71.61, farmland preservation credit, 2010 and
20beyond under s. 71.613, homestead credit under subch. VIII, jobs tax credit under s.
2171.07 (3q), business development credit under s. 71.07 (3y), research credit under s.
2271.07 (4k) (e) 2. a., veterans and surviving spouses property tax credit under s. 71.07
23(6e), enterprise zone jobs credit under s. 71.07 (3w), electronics and information
24technology manufacturing zone credit under s. 71.07 (3wm), earned income tax

1credit under s. 71.07 (9e), video game production credit under s. 71.07 (11), estimated
2tax payments under s. 71.09, and taxes withheld under subch. X.

AB1033-ASA1,6,74 71.21 (4) (a) The amount of the credits computed by a partnership under s.
571.07 (2dm), (2dx), (2dy), (3g), (3h), (3n), (3q), (3s), (3t), (3w), (3wm), (3y), (4k), (4n),
6(5e), (5g), (5i), (5j), (5k), (5r), (5rm), (6n), and (10), and (11) and passed through to
7partners shall be added to the partnership's income.

AB1033-ASA1,6,109 71.21 (6) (d) 3. Except as provided in s. 71.07 (7) (b) 3. and (11) (c) 4., the tax
10credits under this chapter may not be claimed by the partnership.

AB1033-ASA1,6,1712 71.26 (2) (a) 4. Plus the amount of the credit computed under s. 71.28 (1dm),
13(1dx), (1dy), (3g), (3h), (3n), (3q), (3t), (3w), (3wm), (3y), (5e), (5g), (5i), (5j), (5k), (5r),
14(5rm), (6n), and (10), and (11) and not passed through by a partnership, limited
15liability company, or tax-option corporation that has added that amount to the
16partnership's, limited liability company's, or tax-option corporation's income under
17s. 71.21 (4) or 71.34 (1k) (g).

AB1033-ASA1,6,1919 71.28 (11) Video game production credit. (a) Definitions. In this subsection:

AB1033-ASA1,6,2020 1. “Claimant” means a person certified under s. 73.03 (78).

AB1033-ASA1,6,2221 2. “Eligible expenditures” means amounts paid by the claimant directly
22relating to qualifying activities in this state, excluding any of the following:

AB1033-ASA1,6,2323 a. Wages.

AB1033-ASA1,6,2424 b. Expenditures used to claim another credit under this chapter.

AB1033-ASA1,7,2

1c. Amounts paid to a person certified to receive a credit under this subsection
2or s. 71.07 (11) or 71.47 (11).

AB1033-ASA1,7,53 d. Amounts paid to persons as a result of their participation in profits from
4video game production, such as commissions, royalties, or profit-sharing
5agreements.

AB1033-ASA1,7,66 e. Amounts paid for capital expenditures, such as buildings and equipment.

AB1033-ASA1,7,77 f. Amounts paid to purchase a copyright, trademark, or tradename.

AB1033-ASA1,7,88 g. Amounts paid for management or other administrative activities.

AB1033-ASA1,7,99 h. Amounts paid for marketing, promotion, or distribution.

AB1033-ASA1,7,1010 i. Amounts paid for food or entertainment.

AB1033-ASA1,7,1111 j. Interest paid on loans or other credit arrangements.

AB1033-ASA1,7,1312 3. “Eligible wages” means wages paid by the claimant directly relating to
13qualifying activities in this state.

AB1033-ASA1,7,1514 4. “Qualifying activities” means developing, producing, or creating a video
15game product or platform.