AB 3 - Tax Incentives for Job Creation - Wisconsin Key Vote
Timeline
- Executive Signed
- Jan. 31, 2011
- Senate Bill Passed
- Jan. 25, 2011
- House Bill Passed
- Jan. 20, 2011
- Introduced
- Jan. 4, 2011
Related Issues
Stage Details
Title: Tax Incentives for Job Creation
Signed by Governor Scott Walker
Title: Tax Incentives for Job Creation
Vote Smart's Synopsis:
Vote to pass a bill that allows businesses that relocate to Wisconsin to file a claim for credit, for the first two consecutive years upon relocation, against the taxes imposed.
Highlights:
-Specifies that a claimant may claim as a credit against taxes imposed, up to the amount of the claimant's tax liability after applying all other allowable credits, deductions, and exclusions (Sec. 2). -Establishes that partnerships, limited liability companies, and tax-option corporations may not claim the credit under this subsection (Sec. 2).
Title: Tax Incentives for Job Creation
Vote Smart's Synopsis:
Vote to pass a bill that allows businesses that relocate to Wisconsin to file a claim for credit, for the first two consecutive years upon relocation, against the taxes imposed.
Highlights:
-Specifies that a claimant may claim as a credit against taxes imposed, up to the amount of the claimant's tax liability after applying all other allowable credits, deductions, and exclusions (Sec. 2). -Establishes that partnerships, limited liability companies, and tax-option corporations may not claim the credit under this subsection (Sec. 2).
Title: Tax Incentives for Job Creation