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Bills from the 2011–12 session

Assembly Bill 376

Authorizing the sale or transfer of tax credits in counties experiencing high rates of unemployment

Topics: Commerce, Department of, Corporation: Taxation, County, Economic Development Corporation, Wisconsin, Income tax: Credit, Industrial development, Unemployment

Passed the Assembly, then stopped

The Assembly passed it on Mar 15, 2012, but the Senate never voted on it. A bill has to ⁠. To try again, a lawmaker would have to start a new bill.

  1. Introduced, passed

    Nov 16, 2011

  2. Committee, passed

    Approved

  3. Assembly vote, passed

    Passed Mar 15, 2012

  4. Senate vote, stopped here

    Stopped here. The Senate never voted on it.

  5. Governor, not reached

  6. Law, not reached

Latest entry in the official record, Mar 23, 2012: “Failed to concur in pursuant to ⁠”

Read the bill

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What it would have done

Summary by the , the Legislature's nonpartisan drafting office. It's their wording, not ours.

Under current law, a tax credit awarded by the Wisconsin Economic Development Corporation (corporation) may normally only be claimed by the person certified by the corporation to claim that credit; the credit may not be sold or transferred to another person.

The bill directs the corporation to create a program for the sale or transfer of tax credits awarded by either the corporation or, beginning on January 1, 2011, by the former Department of Commerce (Commerce). Under the bill, the corporation may authorize the sale or transfer of a portion of a tax credit if the corporation determines that the activity for which the corporation or Commerce awarded the tax credit is substantially related to economic development in counties experiencing persistent high rates of unemployment, called "qualifying counties" under the bill, and the person meets at least one of the following additional conditions:

Read the full summary

1. The person is headquartered in a qualifying county.

2. The person intends to relocate its headquarters to a qualifying county.

3. The person intends to expand its operations in a qualifying county, and that expansion will increase by at least 10 percent the number of full-time jobs the person maintains in that county.

4. The person intends to expand its operations in a qualifying county, and the person will make a significant capital investment in property in that county as a result of that expansion.

Once the corporation authorizes a person to sell or transfer a tax credit, that person may sell or transfer up to 85 percent of the tax credit to another person who has Wisconsin tax liability. The person selling or transferring the credit must notify the corporation and either the Department of Revenue or, if appropriate, the commissioner of insurance of that sale or transfer. The person to whom a credit is sold or transferred may carry forward any unused amount of the transferred value of that credit for up to 15 years until fully claimed. Also, the corporation may prevent that person from claiming the tax credit for up to three years after the credit is sold or transferred.

The bill also authorizes the corporation to waive or modify a requirement of a certification for a tax credit issued by the corporation or Commerce if a person who may sell or transfer the tax credit applies to the corporation for that waiver or modification and the corporation determines that the requested waiver or modification will support economic development in qualifying counties. If the corporation revokes a person's certification for a tax credit and that person has already sold or transferred a portion of the tax credit, that person, not the person to whom the credit was transferred, must repay the full amount of the tax credit to the state.

Under the bill, the corporation may authorize the sale or transfer of up to $10,000,000 in partial tax credits over five years. However, if after reaching that 5-year limit, the corporation determines that an extension of the program will support economic development in qualifying counties, the corporation may continue the program for up to an additional five years and authorize sale or transfer of up to an additional $10,000,000 in partial tax credits. However, any such extension of the program is subject to passive review by the Joint Committee on Finance.

Who's behind it

10 lawmakers are its ⁠. 8 are Republicans and 2 are Democrats.

2 more lawmakers ⁠.

See all 12 names

Authors (10)

Signed on in support (2)

What it would cost

State agencies filed a . Each opens as a PDF from the Legislature.

Versions and amendments

Every text the Legislature printed for this bill, including proposed changes. Each opens on the Legislature's site.

How lawmakers voted

There were 2 votes on this bill.

Assembly Committee on Jobs vote on an amendment

Passed, 10 to 0 · Mar 2, 2012

No member-by-member record exists for this vote. Committee votes and some older sessions record totals only.

Official motion: “Report Assembly Amendment 1 to Assembly Substitute Amendment 1 adoption recommended by committee on Jobs, Economy and Small Business, Ayes 10, Noes 0”. Official record · This vote on its own page

Assembly vote on an amendment

Passed, 81 to 0 · Mar 15, 2012

No member-by-member record exists for this vote. Committee votes and some older sessions record totals only.

Official motion: “Reconsider vote by which Assembly amendment 2 to Assembly substitute amendment 1 was adopted offered by Representative Barca, Ayes 81, Noes 0”. Official record · This vote on its own page

What happened

  1. Mar 23, 2012

    The session ended, and the bill died with it.

  2. Mar 19, 2012

    The Senate received it.

  3. Mar 15, 2012

    The Assembly passed it.

  4. Mar 15, 2012

    The Assembly adopted it.

  5. Mar 15, 2012

    The Assembly adopted it, 81 to 0.

  6. Mar 15, 2012

    The Assembly adopted it.

  7. Mar 2, 2012

    Sent to the Assembly Committee on Rules.

  8. Mar 2, 2012

    The committee voted to recommend passing it, 9 to 1.

  9. Feb 22, 2012

    The committee held a public hearing.

  10. Feb 13, 2012

    A state agency sent in its estimate of the cost.

  11. Dec 1, 2011

    A state agency sent in its estimate of the cost.

  12. Nov 29, 2011

    A state agency sent in its estimate of the cost.

  13. Nov 16, 2011

    Sent to the Assembly Committee on Jobs, Economy and Small Business.

  14. Nov 16, 2011

    Introduced in the Assembly.

See the official record, word for word
  1. Nov 16, 2011 · Assembly

    Introduced by Representatives Knilans, Wynn, Kerkman, Ringhand, Turner, Jacque, Stroebel, Ballweg, Loudenbeck and Bies;Cosponsored by Senators Wanggaard and Holperin

  2. Nov 16, 2011 · Assembly

    Read first time and referred to committee on Jobs, Economy and Small Business

  3. Nov 29, 2011 · Assembly

    Fiscal estimate received

  4. Dec 1, 2011 · Assembly

    Fiscal estimate received

  5. Jan 9, 2012 · Assembly

    Assembly amendment 1 offered by Representative Knilans

  6. Feb 2, 2012 · Assembly

    LRB correction (Assembly amendment 1)

  7. Feb 7, 2012 · Assembly

    LRB correction

  8. Feb 13, 2012 · Assembly

    Fiscal estimate received

  9. Feb 22, 2012 · Assembly

    Public hearing held

  10. Feb 22, 2012 · Assembly

    Assembly substitute amendment 1 offered by Representative Knilans

  11. Feb 27, 2012 · Assembly

    Assembly amendment 1 to Assembly substitute amendment 1 offered by Representative Knilans

  12. Feb 29, 2012 · Assembly

    Executive action taken

  13. Mar 2, 2012 · Assembly

    Report Assembly Amendment 1 to Assembly Substitute Amendment 1 adoption recommended by committee on Jobs, Economy and Small Business, Ayes 10, Noes 0

  14. Mar 2, 2012 · Assembly

    Report Assembly Substitute Amendment 1 adoption recommended by committee on Jobs, Economy and Small Business, Ayes 9, Noes 1

  15. Mar 2, 2012 · Assembly

    Report passage as amended recommended by committee on Jobs, Economy and Small Business, Ayes 9, Noes 1

  16. Mar 2, 2012 · Assembly

    Referred to committee on Rules

  17. Mar 2, 2012 · Assembly

    Placed on calendar 3-6-2012 by committee on Rules

  18. Mar 6, 2012 · Assembly

    Assembly amendment 2 to Assembly substitute amendment 1 offered by Representatives Mason and Richards

  19. Mar 13, 2012 · Assembly

    Made a special order of business at 9:05 A.M. on 3-14-2012 pursuant to Assembly Resolution 24

  20. Mar 15, 2012 · Assembly

    Read a second time

  21. Mar 15, 2012 · Assembly

    Assembly amendment 1 to Assembly amendment 1 to Assembly substitute amendment 1 offered by Representative Knilans

  22. Mar 15, 2012 · Assembly

    Assembly amendment 1 to Assembly amendment 1 to Assembly substitute amendment 1 withdrawn and returned to author

  23. Mar 15, 2012 · Assembly

    Assembly amendment 3 to Assembly substitute amendment 1 offered by Representative Knilans

  24. Mar 15, 2012 · Assembly

    Assembly amendment 3 to Assembly substitute amendment 1 withdrawn and returned to author

  25. Mar 15, 2012 · Assembly

    Assembly amendment 2 to Assembly amendment 1 to Assembly substitute amendment 1 offered by Representative Knilans

  26. Mar 15, 2012 · Assembly

    Assembly amendment 2 to Assembly amendment 1 to Assembly substitute amendment 1 adopted

  27. Mar 15, 2012 · Assembly

    Assembly amendment 1 to Assembly substitute amendment 1 adopted

  28. Mar 15, 2012 · Assembly

    Assembly amendment 2 to Assembly substitute amendment 1 adopted

  29. Mar 15, 2012 · Assembly

    Reconsider vote by which Assembly amendment 2 to Assembly substitute amendment 1 was adopted offered by Representative Barca, Ayes 81, Noes 0

  30. Mar 15, 2012 · Assembly

    Assembly amendment 2 to Assembly substitute amendment 1 laid on table, Ayes 50, Noes 30

  31. Mar 15, 2012 · Assembly

    Assembly amendment 4 to Assembly substitute amendment 1 offered by Representative Knilans

  32. Mar 15, 2012 · Assembly

    Assembly amendment 4 to Assembly substitute amendment 1 adopted

  33. Mar 15, 2012 · Assembly

    Assembly amendment 5 to Assembly substitute amendment 1 offered by Representative Knilans

  34. Mar 15, 2012 · Assembly

    Assembly amendment 5 to Assembly substitute amendment 1 adopted

  35. Mar 15, 2012 · Assembly

    Assembly substitute amendment 1 adopted

  36. Mar 15, 2012 · Assembly

    Ordered to a third reading

  37. Mar 15, 2012 · Assembly

    Rules suspended

  38. Mar 15, 2012 · Assembly

    Read a third time and passed

  39. Mar 15, 2012 · Assembly

    Ordered immediately messaged

  40. Mar 19, 2012 · Senate

    Received from Assembly

  41. Mar 23, 2012 · Senate

    Failed to concur in pursuant to Senate Joint Resolution 1

Terms on this page

Second chamber's vote

A bill has to pass both the Assembly and the Senate in the same form before it goes to the governor.

Official term: Concurrence. More in the glossary

Senate Joint Resolution 1

The session's calendar. Any bill not passed by its last voting day dies.

Official term: Failed to pass pursuant to SJR 1. More in the glossary

Legislative Reference Bureau

The Legislature's nonpartisan office that drafts bills and writes the summary at the top of each one.

Official term: LRB analysis. More in the glossary

Author

A lawmaker who formally puts a bill forward. The text itself is drafted by the Legislative Reference Bureau.

Official term: Author, coauthor. More in the glossary

Signed on in support

Lawmakers who back a bill without being one of its authors, often from the other chamber.

Official term: Cosponsor. More in the glossary

Cost estimate

A state agency's estimate of what a bill would cost or save.

Official term: Fiscal estimate. More in the glossary

Roll call

A vote where each lawmaker's yes or no is recorded by name.

Official term: Roll call vote. More in the glossary

From the Wisconsin Legislature's official record, checked Sep 15, 2026. See the source

Second chamber's vote

A bill has to pass both the Assembly and the Senate in the same form before it goes to the governor.

Official term: Concurrence

More in the glossary

Senate Joint Resolution 1

The session's calendar. Any bill not passed by its last voting day dies.

Official term: Failed to pass pursuant to SJR 1

More in the glossary

Legislative Reference Bureau

The Legislature's nonpartisan office that drafts bills and writes the summary at the top of each one.

Official term: LRB analysis

More in the glossary

Author

A lawmaker who formally puts a bill forward. The text itself is drafted by the Legislative Reference Bureau.

Official term: Author, coauthor

More in the glossary

Signed on in support

Lawmakers who back a bill without being one of its authors, often from the other chamber.

Official term: Cosponsor

More in the glossary

Cost estimate

A state agency's estimate of what a bill would cost or save.

Official term: Fiscal estimate

More in the glossary

Roll call

A vote where each lawmaker's yes or no is recorded by name.

Official term: Roll call vote

More in the glossary