SB 210

This bill creates a nonrefundable individual income tax credit for 50 percent of

the amount spent by a claimant for amino acid-based elemental formula. The

formula is a type of hypoallergenic formula that may be recommended by a physician

for use by a child who has a milk allergy and is unable to tolerate soy protein.

The credit may be claimed only for amounts spent to purchase formula, in the

year to which the claim relates, for use by an individual who is claimed as a

dependent on the claimant's federal income tax return, is under 19 years old, and

whose physician certifies in writing that the individual should use such a formula.

The maximum credit amount that a claimant may claim each year for each

dependent is $5,000. The credit may not be claimed for any amount paid by the

claimant that is reimbursable by any person.

Because the credit is nonrefundable, it may be claimed only up to the amount

of a claimant's income tax liability. For claimants who are nonresidents or part-year

residents of Wisconsin, the credit that may be claimed is prorated based on the ratio

of the claimant's Wisconsin adjusted gross income to federal adjusted gross income.