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Bills from the 2011–12 session

Senate Bill 123

An income and franchise tax credit for qualified production activities income

Topics: Corporation: Taxation, Farmland preservation, Franchise: Taxation, Income tax: Credit, Industrial development

Stopped in committee

It never got a ⁠, so it never came up for a vote. To try again, a lawmaker would have to start a new bill.

  1. Introduced, passed

    Jun 7, 2011

  2. Committee, stopped here

    Stopped here. No public hearing was held.

  3. Senate vote, not reached

  4. Assembly vote, not reached

  5. Governor, not reached

  6. Law, not reached

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

It never got a hearing in the Senate Committee on Public Health, Human Services, and Revenue. See every bill that never got a hearing this session.

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 the federal Internal Revenue Code, a taxpayer may claim a deduction equal to 9 percent of the taxpayer's qualified production activities income in the taxable year or 9 percent of the taxpayer's total taxable income, whichever is less.

For federal tax purposes, qualified production activities income is, generally, the amount of the taxpayer's domestic production gross receipts that exceed the sum of the cost of goods sold and other expenses, losses, or deductions. Domestic production gross receipts are, generally, gross receipts derived from property that was manufactured, produced, grown, or extracted in the United States.

Read the full summary

Under this bill, an individual taxpayer may claim a state income tax credit equal to the taxpayer's qualified production activities income derived from manufacturing property and agricultural property, multiplied by 7.5 percent. A corporation or insurer may claim a state income and franchise tax credit equal to the lesser of its taxable income apportioned to this state or its qualified production activities income derived from manufacturing property or agricultural property, multiplied by 7.5 percent.

Who's behind it

7 senators are its ⁠. 6 are Republicans and 1 is a Democrat.

17 more lawmakers ⁠.

See all 24 names

Authors (7)

Signed on in support (17)

What it would cost

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

What happened

  1. Mar 23, 2012

    The session ended, and the bill died with it.

  2. Oct 5, 2011

    1 more representative signed on in support.

  3. Aug 11, 2011

    A state agency sent in its estimate of the cost.

  4. Jun 7, 2011

    Sent to the Senate Committee on Public Health, Human Services, and Revenue.

  5. Jun 7, 2011

    Introduced in the Senate.

See the official record, word for word
  1. Jun 7, 2011 · Senate

    Introduced by Senators Grothman, Leibham, Kapanke, Galloway, Darling, Lazich and T. Cullen;Cosponsored by Representatives Kooyenga, Jacque, Knodl, Petryk, Brooks, LeMahieu, A. Ott, Kapenga, Thiesfeldt, Litjens, Pridemore, Strachota, Stroebel, Wynn, Knilans and Endsley

  2. Jun 7, 2011 · Senate

    Read first time and referred to committee on Public Health, Human Services, and Revenue

  3. Aug 11, 2011 · Senate

    Fiscal estimate received

  4. Oct 5, 2011 · Senate

    Representative Spanbauer added as a cosponsor

  5. Mar 23, 2012 · Senate

    Failed to pass pursuant to Senate Joint Resolution 1

Terms on this page

Committee

A small group of lawmakers that looks at a bill first. Most bills never leave committee.

More in the glossary

Public hearing

A meeting where anyone can speak to a committee about a bill, or send written comments.

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

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

Committee

A small group of lawmakers that looks at a bill first. Most bills never leave committee.

Public hearing

A meeting where anyone can speak to a committee about a bill, or send written comments.

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

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

Author

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

Official term: Author, coauthor

Signed on in support

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

Official term: Cosponsor

Cost estimate

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

Official term: Fiscal estimate