71.07(2dd)

(2dd) Development zones day care credit.

71.07(2dm)(b)1.

1. The purchase price of depreciable, tangible personal property.

71.07(2ds)(a)1.

1. “Development zone” means a zone designated under s. 560.71, 2009 stats.

71.07(3h)(a)2.

2. “Claimant” means a person who is engaged in the business of producing biodiesel fuel in this state and who files a claim under this subsection.

71.07(3n)(a)1m.

1m. “Dairy animals” includes heifers raised as replacement dairy animals.

71.07(3n)(a)2.d.

d. Feed storage and handling equipment.

71.07(3n)(a)2.h.

h. Milk storage and cooling facilities.

71.07(3n)(a)2.L.

L. Equipment used to produce energy.

71.07(3n)(a)5.f.

f. Watering facilities.

71.07(3n)(a)5.L.

L. Fish processing buildings.

71.07(3p)(a)

(a) Definitions. In this subsection:

71.07(3p)(a)3.c.

c. Upgrades to utilities, including water, electric, heat, and waste facilities.

71.07(3p)(a)3.g.

g. Warehouse equipment, including storage racks.

71.07(3q)(a)1.

1. “Claimant” means a person certified to receive tax benefits under s. 238.16 (2) or s. 560.2055 (2), 2009 stats.

71.07(3r)(a)1.

1. “Claimant” means a person who files a claim under this subsection.

71.07(3r)(a)3.b.

b. Building additions.

71.07(3r)(a)3.f.

f. Packaging and handling equipment, including sealing, bagging, boxing, labeling, conveying, and product movement equipment.

71.07(3r)(c)2.

2. The aggregate amount of credits that a claimant may claim under this subsection is $200,000.

71.07(3rm)(a)1.

1. “Claimant” means a person who files a claim under this subsection.

71.07(3t)

(3t) Manufacturing investment credit.

71.07(3w)(b)1.

1. Determine the amount that is the lesser of:

71.07(5b)(a)1.

1. “Claimant” means a person who files a claim under this subsection.

71.07(5b)(d)

(d) Administration.

71.07(5d)(a)3.

3. “Qualified new business venture” means a business that is certified under s. 238.15 (1) or s. 560.205 (1), 2009 stats.

71.07(5i)(a)

(a) Definitions. In this subsection, “claimant” means a person who files a claim under this subsection.

71.07(5m)(a)1.

1. “Claimant” means an individual who is eligible to claim the credit under this subsection.

71.07(5n)(b)3.

3. For taxable years beginning after December 31, 2014, and before January 1, 2016, 5.526 percent.

71.07(5r)(c)

(c) Limitations.

71.07(6e)(a)3.

3. “Eligible veteran” means an individual who is verified by the department of veterans affairs as meeting all of the following conditions:

71.07(6m)(a)1.

1. “Claimant” means an active duty member of the U.S. armed forces, as defined in 26 USC 7701 (a) (15).

71.07(8r)(a)3.

3. “Claimant” means a beginning farmer who files a claim under this subsection or an established farmer who files a claim under this subsection.

71.07(9)(a)

(a) In this subsection:

71.07(9e)(a)1.

1. If the person has one qualifying child who has the same principal place of abode as the person, 5%.

71.07(9e)(ac)3.

3. If the person has 3 or more qualifying children who have the same principal place of abode as the person, 50%.

71.07(9e)(at)1.a.

a. The maximum credit income is $7,980.

71.07(9r)(b)1m.a.

a. The exterior of the historic property.

71.07(9r)(b)3.

3. The state historical society certifies that:

71.07(9r)(c)

(c) The Wisconsin adjusted basis of the historic property shall be reduced by the amount of any credit awarded under this subsection.

71.07(9r)(k)3.

3. If the sale, conveyance or noncompliance occurs during the 3rd year after the date on which the preservation or rehabilitation is completed, 60%.

71.07(2dL)(d)

(d) Except as provided in par. (c), the carry-over provisions of § 71.28 (4)(e) and (f) as they relate to the credit under § 71.28 (4) relate to the credit under this subsection and apply as if the development zone continued to exist.

71.07(2dx)(c)

(c) Credit precluded. If the certification of a person for tax benefits under § 238.365 (3), 238.397 (4), 238.398 (3), or 238.3995 (4) or s. 560.765 (3), 2009 stats., s. 560.797 (4), 2009 stats., s. 560.798 (3), 2009 stats., or s. 560.7995 (4), 2009 stats., is revoked, or if the person becomes ineligible for tax benefits under s. 238.395 (3) or s. 560.795 (3), 2009 stats., that person may not claim credits under this subsection for the taxable year that includes the day on which the certification is revoked; the taxable year that includes the day on which the person becomes ineligible for tax benefits; or succeeding taxable years and that person may not carry over unused credits from previous years to offset tax under this chapter for the taxable year that includes the day on which certification is revoked; the taxable year that includes the day on which the person becomes ineligible for tax benefits; or succeeding taxable years.

71.07(2dx)(d)

(d) Carry-over precluded. If a person who is entitled under s. 238.395 (3) or s. 560.795 (3), 2009 stats., to claim tax benefits or certified under § 238.365 (3), 238.397 (4), 238.398 (3), or 238.3995 (4) or s. 560.765 (3), 2009 stats., s. 560.797 (4), 2009 stats., s. 560.798 (3), 2009 stats., or s. 560.7995 (4), 2009 stats., for tax benefits ceases business operations in the development zone during any of the taxable years that that zone exists, that person may not carry over to any taxable year following the year during which operations cease any unused credits from the taxable year during which operations cease or from previous taxable years.

71.07(3r)(a)3.g.

g. Warehouse equipment, including storage and curing racks.

71.07(3r)(a)4.

4. “Used exclusively” means used to the exclusion of all other uses except for use not exceeding 5 percent of total use.

71.07(5b)(b)

(b) Filing claims.

71.07(2di)(b)

(b)

71.07(3rm)(a)2.

2. “Used primarily” means used to the exclusion of all other uses except for use not exceeding 25 percent of total use.

71.07(3rm)(c)

(c) Limitations.

71.07(3rm)(c)2.

2. The aggregate amount of credits that a claimant may claim under this subsection is $100,000.

71.07

71.07 Credits.

71.07(2dd)(a)

(a) In this subsection:

71.07(2de)

(2de) Development zones environmental remediation credit.

71.07(2di)

(2di) Development zones investment credit.

71.07(1)

(1) Claim of right credit. Any natural person may credit against taxes otherwise due under this chapter the decrease in tax under this chapter for the prior taxable year that would be attributable to subtracting income taxed for that year under the claim of right doctrine but repaid, as calculated under section 1341 of the internal revenue code, if the income repaid is greater than $3,000 and the amount is not subtracted in computing Wisconsin adjusted gross income or used in computing the credit under sub. (a). If the allowable amount of the claim exceeds the claimant’s taxes due under this chapter the amount of the claim not used to offset those taxes shall be certified to the department of administration for payment to the claimant by check, share draft or other draft drawn on the general fund.

71.07(2)

(2) Community development finance authority credit. Any individual receiving a credit under s. 71.09 (12m), 1985 stats., may carry forward to the next succeeding 15 taxable years the amount of the credit not offset against taxes for the year of purchase to the extent not offset by those taxes otherwise due in all intervening years between the year for which the credit was computed and the year for which the carry-forward is claimed.

71.07(2dd)(a)1.

1. “Day care center benefits” means benefits provided at a child care facility that is licensed under § 48.65 or 48.69 and that for compensation provides care for at least 6 children or benefits provided at a facility for persons who are physically or mentally incapable of caring for themselves.

71.07(3w)(a)5m.

5m. “Wages” means wages under section 3306 (b) of the Internal Revenue Code, determined without regard to any dollar limitations.

71.07(2dd)(a)2.

2. “Employment-related day care expenses” means amounts paid or incurred by a claimant, during the 2-year period beginning with the day that the member of the targeted group begins work for the claimant, for providing or making day care center benefits available to a qualifying individual in order to enable a member of a targeted group to be employed by the claimant.

71.07(2dd)(a)4.

4. “Member of a targeted group” means a person under sub. (2dj) (am) 1.

71.07(2dd)(a)5.

5. “Qualifying individual” means a dependent of a member of a targeted group who is employed by a claimant and with respect to whom the member is entitled to a deduction under section 151 (c) of the internal revenue code for federal income tax purposes, a dependent of a member of a targeted group who is employed by a claimant if the dependent is physically or mentally incapable of caring for himself or herself or the spouse of a member of a targeted group who is employed by the claimant if the spouse is physically or mentally incapable of caring for himself or herself.

71.07(2dd)(b)

(b) Except as provided in § 73.03 (35), for any taxable year for which that person is certified under s. 560.765 (3), 2009 stats., and begins business operations in a zone under s. 560.71, 2009 stats., after July 29, 1995, or certified under s. 560.797 (4) (a), 2009 stats., for each zone for which the person is certified or entitled a person may credit against taxes otherwise due under this subchapter employment-related day care expenses, up to $1,200 for each qualifying individual.

71.07(2dd)(c)

(c) Subsection (2di) (b), (c), (d) 1., (f) and (g), as it applies to the credit under sub. (2di), applies to the credit under this subsection.

71.07(2dd)(d)

(d) Section 71.28 (4) (g) and (h), as it applies to the credit under § 71.28 (4), applies to the credit under this subsection.

71.07(2dm)(b)2.

2. The amount expended to acquire, construct, rehabilitate, remodel, or repair real property in a development zone.

71.07(3p)(a)3.b.

b. Building additions.

71.07(3r)(c)3.

3.

71.07(3r)(d)

(d) Administration.

71.07(3rm)

(3rm) Woody biomass harvesting and processing credit.

71.07(2dd)(dm)

(dm) No credit may be allowed under this subsection unless the claimant includes with the claimant’s return a statement from the department of commerce verifying the amount of qualifying employment-related day care expenses.

71.07(2dd)(e)

(e) No credit may be claimed under this subsection for taxable years that begin on January 1, 1998, or thereafter. Credits under this subsection for taxable years that begin before January 1, 1998, may be carried forward to taxable years that begin on January 1, 1998, or thereafter.

71.07(2de)(a)

(a) Except as provided in § 73.03 (35), for any taxable year for which a person is certified under s. 560.765 (3), 2009 stats., and begins business operations in a zone under s. 560.71, 2009 stats., after July 29, 1995, or certified under s. 560.797 (4) (a), 2009 stats., for each zone for which the person is certified or entitled the person may claim as a credit against taxes otherwise due under this subchapter an amount equal to 7.5% of the amount that the person expends to remove or contain environmental pollution, as defined in § 299.01 (4), in the zone or to restore soil or groundwater that is affected by environmental pollution, as defined in § 299.01 (4), in the zone if the person fulfills all of the following requirements:

71.07(2de)(a)1.

1. Begins the work, other than planning and investigating, for which the credit is claimed after the area that includes the site where the work is done is designated a development zone under s. 560.71, 2009 stats., or an enterprise development zone under s. 560.797, 2009 stats., and after the claimant is certified under s. 560.765 (3), 2009 stats., or certified under s. 560.797 (4) (a), 2009 stats.

71.07(2de)(b)

(b) Subsection (2di) (b), (c), (d), (f) and (g), as it applies to the credit under sub. (2di), applies to the credit under this subsection.

71.07(2de)(c)

(c) Section 71.28 (4) (g) and (h), as it applies to the credit under § 71.28 (4), applies to the credit under this subsection.

71.07(3r)(a)3.d.

d. Livestock intake and storage equipment.

71.07(3r)(c)

(c) Limitations.

71.07(2de)(d)

(d) No credit may be claimed under this subsection for taxable years that begin on January 1, 1998, or thereafter. Credits under this subsection for taxable years that begin before January 1, 1998, may be carried forward to taxable years that begin on January 1, 1998, or thereafter.

71.07(2di)(a)

(a) Except as provided in pars. (dm) and (f) and § 73.03 (35), for any taxable year for which the person is entitled under s. 560.795 (3), 2009 stats., to claim tax benefits, any person may claim as a credit against taxes otherwise due under this chapter 2.5% of the purchase price of depreciable, tangible personal property, or 1.75% of the purchase price of depreciable, tangible personal property that is expensed under section 179 of the internal revenue code for purposes of the taxes under this chapter, except that:

71.07(2di)(a)1.

1. The investment must be in property that is purchased after the person is entitled under s. 560.795 (3), 2009 stats., to claim tax benefits and that is used for at least 50% of its use in the conduct of the person’s business operations at a location in a development zone under subch. VI of ch. 560, 2009 stats., or, if the property is mobile, the base of operations of the property for at least 50% of its use must be a location in a development zone.

71.07(2di)(a)2.

2. The credit under this subsection may be claimed only by the person who purchased the property the investment in which is the basis for the credit, except that only partners may claim the credit based on purchases by a partnership, only members may claim the credit based on purchases by a limited liability company and except that only shareholders may claim the credit based on purchases by a tax-option corporation.

71.07(2di)(a)3.

3. If the credit is claimed for used property, the claimant may not have used the property for business purposes at a location outside the development zone. If the credit is attributable to a partnership, limited liability company or tax-option corporation, that entity may not have used the property for business purposes at a location outside the development zone.

71.07(2di)(a)4.

4. No credit is allowed under this subsection for property which is the basis for a credit under sub. (2dL).

71.07(2di)(b)2.

2. If the claimant is located on an Indian reservation, as defined in s. 560.86 (5), 2009 stats., and is an American Indian, as defined in s. 560.86 (1), 2009 stats., an Indian business, as defined in s. 560.86 (4), 2009 stats., or a tribal enterprise, and if the allowable amount of the credit under this subsection exceeds the taxes otherwise due under this chapter on or measured by the claimant’s income, the amount of the credit not used as an offset against those taxes shall be certified to the department of administration for payment to the claimant by check, share draft or other draft. In this subdivision, “tribal enterprise” means a business that is at least 51% owned and controlled by the governing body of one or more Indian tribes, is actively managed by the governing body, or by the designee of the governing body, of one or more Indian tribes and is currently performing a useful business function.

71.07(2di)(b)3.

3. Partnerships, limited liability companies and tax-option corporations may not claim the credit under this subsection, but the eligibility for, and amount of, that credit shall be determined on the basis of their economic activity, not that of their shareholders, partners or members. The corporation, partnership or company shall compute the amount of the credit that may be claimed by each of its shareholders, partners or members and shall provide that information to each of its shareholders, partners or members. Partners, members of limited liability companies and shareholders of tax-option corporations may claim the credit based on the partnership’s, company’s or corporation’s activities in proportion to their ownership interest and may offset it against the tax attributable to their income from the partnership’s, company’s or corporation’s business operations in the development zone; except that partners, members, and shareholders in a development zone under s. 560.795 (1) (e), 2009 stats., may offset the credit against the amount of the tax attributable to their income from all of the partnership’s, company’s, or corporation’s business operations; and against the tax attributable to their income from the partnership’s, company’s or corporation’s directly related business operations.

71.07(3r)(a)

(a) Definitions. In this subsection:

71.07(2di)(c)

(c) Except as provided in par. (b) 2., the carry-over provisions of § 71.28 (4)(e) and (f) as they relate to the credit under § 71.28 (4) relate to the credit under this subsection and apply as if the development zone continued to exist.

71.07(2di)(d)

(d) No credit may be allowed under this subsection unless the claimant includes with the claimant’s return:

71.07(2di)(d)1.

1. A copy of a verification from the department of commerce that the claimant may claim tax benefits under s. 560.795 (3), 2009 stats.

71.07(2di)(d)2.

2. A statement from the department of commerce verifying the purchase price of the investment and verifying that the investment fulfills the requirements under par. (a).

71.07(2di)(dm)

(dm) In calculating the credit under par. (a), a claimant shall reduce the purchase price of the property by a percentage equal to the percentage of use of the property during the taxable year the property is first placed into service that is for a purpose not specified under par. (a) 1.

71.07(2di)(e)

(e) The recapture provisions under section 47 (a) (5) of the internal revenue code as amended to December 31, 1985, as they apply to the credit under section 46 of the internal revenue code, apply to the credit under this subsection, except that those provisions also apply if the property for which the credit is claimed is moved out of the development zone or, for mobile property, if the base of operations is moved out of the zone and except that the determination of whether or not property is 3-year property shall be made under section 168 of the internal revenue code.

71.07(2di)(f)

(f) If a person who is entitled under s. 560.795 (3), 2009 stats., to claim tax benefits becomes ineligible for such tax benefits, that person may claim no credits under this subsection for the taxable year that includes the day on which the person becomes ineligible for tax benefits or succeeding taxable years and that person may carry over no unused credits from previous years to offset tax under this chapter for the taxable year that includes the day on which the person becomes ineligible for tax benefits or succeeding taxable years.

71.07(2di)(g)

(g) If a person who is entitled under s. 560.795 (3), 2009 stats., to claim tax benefits ceases business operations in the development zone during any of the taxable years that that zone exists, that person may not carry over to any taxable year following the year during which operations cease any unused credits from the taxable year during which operations cease or from previous taxable years.

71.07(2dj)

(2dj) Development zones jobs credit.

71.07(2dj)(am)4.

4.

71.07(2dj)(am)4g.

4g. Delete section 51 (c) (4) of the internal revenue code.

71.07(2dj)(am)5.

5. Calculate the credit under section 51 of the internal revenue code.

71.07(2di)(h)

(h) Section 71.28 (4) (g) and (h) as it applies to the credit under § 71.28 (4) applies to the credit under this subsection.

71.07(2di)(i)

(i) No credit may be claimed under this subsection for taxable years that begin after December 31, 1997, and end before January 1, 2000. Credits under this subsection for taxable years that begin before January 1, 1998, may be carried forward to taxable years that begin on January 1, 1998, or thereafter.

71.07(2dj)(am)

(am) Except as provided under par. (f) or § 73.03 (35), for any taxable year for which the person is certified under s. 560.765 (3), 2009 stats., for tax benefits, any person may claim as a credit against taxes otherwise due under this chapter an amount calculated as follows:

71.07(2dj)(am)1.

1. Modify “member of a targeted group”, as defined in section 51 (d) of the internal revenue code as amended to December 31, 1995, to include persons unemployed as a result of a business action subject to § 109.07 (1m) and dislocated workers, as defined in 29 USC 2801 (9), and to require a member of a targeted group to be a resident of this state.

71.07(2dj)(am)2.

2. Modify “designated local agency”, as defined in section 51 (d) (15) of the internal revenue code, to include the local workforce development board established under 29 USC 2832 for the area that includes the development zone in which the employee in respect to whom the credit under this subsection is claimed works, if the department of commerce approves the criteria used for certification, and the department of commerce.

71.07(2dj)(am)3.

3. Modify the rule for certification under section 51 (d) (16) (A) of the internal revenue code to allow certification within the period beginning with the first day of employment of the employee.

71.07(2dj)(am)4.a.

a. If certified under s. 560.765 (3), 2009 stats., for tax benefits before January 1, 1992, modify “qualified wages” as defined in section 51 (b) of the internal revenue code to exclude wages paid before the claimant is certified for tax benefits and to exclude wages that are paid to employees for work at any location that is not in a development zone under subch. VI of ch. 560, 2009 stats. For purposes of this subd. 4. a., mobile employees work at their base of operations and leased or rented employees work at the location where they perform services.

71.07(2dj)(am)4.b.

b. If certified under s. 560.765 (3), 2009 stats., for tax benefits after December 31, 1991, modify “qualified wages” as defined in section 51 (b) of the internal revenue code to exclude wages paid before the claimant is certified for tax benefits and to exclude wages that are paid to employees for work at any location that is not in a development zone under subch. VI of ch. 560, 2009 stats. For purposes of this subd. 4. b., mobile employees and leased or rented employees work at their base of operations.

71.07(3n)(a)2.i.

i. Bulk tanks.

71.07(3n)(a)2.j.

j. Manure pumping and storage facilities.

71.07(2dj)(am)4c.

4c. Modify the rule for ineligible individuals under section 51 (i) (1) of the internal revenue code to allow credit for the wages of related individuals paid by an Indian business, as defined in s. 560.86 (4), 2009 stats., or a tribal enterprise, as defined in sub. (2di) (b) 2., if the Indian business or tribal enterprise is located in a development zone designated under s. 560.71 (3) (c) 2., 2009 stats.

71.07(2dj)(am)4e.

4e. Modify section 51 (c) (2) of the internal revenue code to specify that the rules for on-the-job training and work supplementation payments also apply to those kinds of payments funded by this state.

71.07(2dj)(am)4h.

4h. Modify section 51 (a) of the internal revenue code so that the amount of the credit is 25% of the qualified first-year wages if the wages are paid to an applicant for a Wisconsin works employment position for service either in an unsubsidized position or in a trial job under § 49.147 (3) and so that the amount of the credit is 20% of the qualified first-year wages if the wages are not paid to such an applicant.

71.07(2dj)(am)4i.

4i. Modify section 51 (b) (3) of the internal revenue code so that the amount of the qualified first-year wages that may be taken into account is $13,000.

71.07(2dj)(am)4m.

4m. Modify the rule on remuneration under section 51 (f) of the internal revenue code so that it does not apply to persons who are exempt from tax under this chapter.

71.07(2dj)(am)4t.

4t. If certified under s. 560.765 (3), 2009 stats., for tax benefits before January 1, 1992, modify section 51 (i) (3) of the internal revenue code so that for leased or rented employees, except employees of a leasing agency certified for tax benefits who perform services directly for the agency in a development zone, the minimum employment periods apply to the time that they perform services in a development zone for a single lessee or renter, not to their employment by the leasing agency.

71.07(2dj)(am)6.

6. For persons for whom a credit may be claimed under subd. 5., modify “qualified wages” under section 51 (b) of the internal revenue code so that those wages are based on the wages attributable to service rendered during the one-year period beginning with the date one year after the date on which the individual begins work for the employer.

71.07(2dj)(am)7.

7. Modify section 51 of the internal revenue code as under subds. 1. to 4t.

71.07(2dj)(am)8.

8. Calculate the credit under section 51 of the internal revenue code based on qualified wages for the 2nd year as determined under subds. 6. and 7.

71.07(3n)(a)5.a.

a. Birthing structures.

71.07(3n)(a)5.b.

b. Rearing structures.

71.07(3n)(a)5.c.

c. Feedlot structures.

71.07(3n)(a)5.d.

d. Feed storage and handling equipment.

71.07(2dj)(am)8m.

8m. For each person, whether or not he or she is a member of a targeted group, who is determined by the department of commerce to be a resident of the development zone in which he or she is employed, calculate a credit equal to 10% of the wages earned by such person during the 1st and 2nd years of the person’s employment in the development zone, up to a maximum credit of $600 per year.

71.07(2dj)(am)9.

9. Add the amounts under subds. 5., 8. and 8m.

71.07(2dj)(b)

(b) In computing the credit under this subsection, the wages of leased or rented employees may be claimed only by their employer, not by the person to whom they are rented or leased.

71.07(2dj)(c)

(c) The credit under this subsection may not be claimed by partnerships, limited liability companies and tax-option corporations but the eligibility for, and the amount of, that credit shall be determined on the basis of their economic activity, not that of their shareholders, partners or members. The corporation, partnership or limited liability company shall compute the amount of credit that may be claimed by each of its shareholders, partners or members and shall provide that information to each of its shareholders, partners or members. That credit may be claimed by partners, members of limited liability companies and shareholders of tax-option corporations in proportion to their ownership interests.

71.07(2dj)(e)

(e) No credit may be allowed under this subsection unless the claimant includes with the claimant’s return:

71.07(2dj)(e)1.

1. A copy of the claimant’s certification for tax benefits under s. 560.765 (3), 2009 stats.

71.07(2dj)(e)3.

3.

71.07(2dj)(e)3.a.

a. If certified under s. 560.765 (3), 2009 stats., for tax benefits before January 1, 1992, a statement from the department of commerce verifying the amount of qualifying wages and verifying that the employees were hired for work only in a development zone or are mobile employees whose base of operations is in a development zone.

71.07(2dj)(e)3.b.

b. If certified under s. 560.765 (3), 2009 stats., for tax benefits after December 31, 1991, a statement from the department of commerce verifying the amount of qualifying wages and verifying that the employees were hired for work only in a development zone or are mobile employees or leased or rented employees whose base of operations is in a development zone.

71.07(2dj)(e)4.

4. A copy of any claims for the credit under section 51 of the internal revenue code that are based on wages that also are the basis for a claim under this subsection.

71.07(2dj)(f)

(f) The rules under sub. (2di) (f) and (g) as they apply to the credit under that subsection apply to the credit under this subsection.

71.07(2dL)

(2dL) Development zones location credit.

71.07(2dm)

(2dm) Development zone capital investment credit.

71.07(2dm)(a)

(a) In this subsection:

71.07(2dm)(a)2.

2. “Claimant” means a person who files a claim under this subsection.

71.07(2dj)(g)

(g) Section 71.28 (4) (g) and (h) as it applies to the credit under § 71.28 (4) applies to the credit under this subsection.

71.07(2dj)(h)

(h) The rules under sub. (2di) (b) and (c) as they apply to the credit under that subsection apply to the credit under this subsection.

71.07(2dj)(i)

(i) No credit may be claimed under this subsection for taxable years that begin on January