Wisconsin 2025-2026 Regular Session

Wisconsin Assembly Bill AB204 Compare Versions

Only one version of the bill is available at this time.

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1	1	2025 - 2026 LEGISLATURE
2	2	LRB-2074/1
3	3	KP:cdc
4	4	2025 ASSEMBLY BILL 204
5	5	April 23, 2025 - Introduced by Representatives MOSES, ZIMMERMAN, GOODWIN,
6	6	GUNDRUM, CALLAHAN, SWEARINGEN and BEHNKE, cosponsored by Senators
7	7	TESTIN and FEYEN. Referred to Committee on Science, Technology, and AI.
8	8
9	9	*AUTHORS SUBJECT TO CHANGE*
10	10	AN ACT to amend 71.05 (6) (a) 15., 71.10 (4) (i), 71.21 (4) (a), 71.21 (6) (d) 3.,
11	11	71.26 (2) (a) 4., 71.30 (3) (f), 71.34 (1k) (g), 71.365 (4m) (d) 2., 71.45 (2) (a) 10.
12	12	and 71.49 (1) (f); to create 20.835 (2) (de), 71.07 (12), 71.28 (12), 71.47 (12) and
13	13	73.03 (78) of the statutes; relating to: creating a video game production tax
14	14	credit and making an appropriation.
15	15	Analysis by the Legislative Reference Bureau
16	16	This bill creates a refundable video game production income and franchise tax
17	17	credit. The credit is equal to the sum of the following: 1) 30 percent of the eligible
18	18	wages paid by the claimant directly relating to developing, producing, or creating a
19	19	video game product; and 2) 30 percent of the claimant[s eligible expenditures
20	20	directly relating to developing, producing, or creating a video game product. Under
21	21	the bill, Xvideo game productY means, subject to certain exceptions, an electronic
22	22	game developed for commercial distribution and entertainment that involves
23	23	interaction with a used interface to generate visual feedback on a video device.
24	24	XVideo game productY does not include social media, gambling products, or products
25	25	with obscene content. The bill also defines Xeligible expendituresY as expenditures
26	26	directly relating to developing, producing, or creating a video game product but
27	27	excludes various specified expenditures, such as payments for royalties, capital
28	28	expenditures, management and administrative expenses, marketing expenses, and
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37	37	SECTION 1
38	38	interest. To claim the credit for a tax year, a person must file an application with
39	39	the Department of Revenue and receive a certificate of eligibility for the credit. To
40	40	receive a certificate, an applicant must submit an audit of its eligible expenditures
41	41	to DOR. The credit under the bill is refundable, which means that if the credit
42	42	exceeds the claimant[s tax liability, the claimant will receive the difference as a
43	43	refund check.
44	44	For further information see the state fiscal estimate, which will be printed as
45	45	an appendix to this bill.
46	46	The people of the state of Wisconsin, represented in senate and assembly, do
47	47	enact as follows:
48	48	SECTION 1. 20.835 (2) (de) of the statutes is created to read:
49	49	20.835 (2) (de) Video game production credit. A sum sufficient to make the
50	50	payments under ss. 71.07 (12), 71.28 (12), and 71.47 (12).
51	51	SECTION 2. 71.05 (6) (a) 15. of the statutes is amended to read:
52	52	71.05 (6) (a) 15. The amount of the credits computed under s. 71.07 (2dm),
53	53	(2dx), (2dy), (3g), (3h), (3n), (3q), (3s), (3t), (3w), (3wm), (3y), (4k), (4n), (5i), (5j), (5k),
54	54	(5r), (5rm), (6n), and (10), and (12) and not passed through by a partnership, limited
55	55	liability company, or tax-option corporation that has added that amount to the
56	56	partnership[s, company[s, or tax-option corporation[s income under s. 71.21 (4) or
57	57	71.34 (1k) (g).
58	58	SECTION 3. 71.07 (12) of the statutes is created to read:
59	59	71.07 (12) VIDEO GAME PRODUCTION CREDIT. (a) Definitions. In this
60	60	subsection:
61	61	1. XClaimantY means a person certified under s. 73.03 (78).
62	62	2. XEligible expendituresY means amounts paid by the claimant directly
63	63	relating to qualifying activities in this state, excluding any of the following:
64	64	a. Wages.
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86	86	b. Expenditures used to claim another credit under this chapter.
87	87	c. Amounts paid to a person certified to receive a credit under this subsection
88	88	or s. 71.28 (12) or 71.47 (12).
89	89	d. Amounts paid to persons as a result of their participation in profits from
90	90	video game production, such as commissions, royalties, or profit-sharing
91	91	agreements.
92	92	e. Amounts paid for capital expenditures, such as buildings and equipment.
93	93	f. Amounts paid to purchase a copyright, trademark, or tradename.
94	94	g. Amounts paid for management or other administrative activities.
95	95	h. Amounts paid for marketing, promotion, or distribution.
96	96	i. Amounts paid for food or entertainment.
97	97	j. Interest paid on loans or other credit arrangements.
98	98	3. XEligible wagesY means wages paid by the claimant directly relating to
99	99	qualifying activities in this state.
100	100	4. XQualifying activitiesY means developing, producing, or creating a video
101	101	game product or platform.
102	102	5. XVideo game product or platformY means an electronic game developed for
103	103	commercial distribution and entertainment that involves interaction with a user
104	104	interface to generate visual feedback on a video device. XVideo game product or
105	105	platformY does not include any of the following:
106	106	a. A product or platform that contains content in violation of s. 944.21.
107	107	b. A product or platform designed for political, religious, or educational
108	108	purposes.
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136	136	c. A product or platform regulated under chs. 562 to 569.
137	137	d. A product or platform designed to provide information about one or more
138	138	individuals or businesses, such as marketing and promotional websites or
139	139	microsites.
140	140	e. A product or platform designed for social media or interpersonal
141	141	communications, such as podcasting, interactive advertising, journalism, video
142	142	conferencing, wireless telecommunications, text-based channels, chat rooms, or
143	143	broadcast or streamed viewing enhancements.
144	144	f. A product or platform designed to stream linear media such as audio, video,
145	145	or pictures.
146	146	g. Small-scale electronic games embedded and used exclusively in advertising.
147	147	6. XWagesY means wages, as defined in s. 71.63 (6), that are subject to
148	148	withholding under subch. X and for which a statement under s. 71.65 (1) is
149	149	furnished.
150	150	(b) Filing claims. Subject to the limitations provided in this subsection, for
151	151	taxable years beginning after December 31, 2024, a claimant may claim as a credit
152	152	against the tax imposed under s. 71.02 any of the following amounts:
153	153	1. An amount equal to 30 percent of the eligible wages paid by the person in
154	154	the taxable year.
155	155	2. An amount equal to 30 percent of the eligible expenditures incurred by the
156	156	claimant in the taxable year.
157	157	(c) Limitations. 1. No credit may be allowed under this subsection unless the
158	158	claimant files an application with the department, at the time and in the manner
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186	186	prescribed by the department, and the department approves the application. The
187	187	claimant shall submit a copy of the approved application with the claimant[s
188	188	return.
189	189	2. No credit may be allowed under this subsection unless the claimant retains
190	190	at the claimant[s sole expense a certified public accountant licensed under ch. 442
191	191	to review and certify to the department the total eligible expenditures incurred and
192	192	total eligible wages paid in the taxable and to conduct the audit required under s.
193	193	73.03 (78) (c). No audit of a claimant required under s. 73.03 (78) (c) may be
194	194	performed by a certified public accountant that is part of an accounting entity that
195	195	is not determined by the department to be independent of the claimant, consistent
196	196	with s. 442.10 and as provided in the code of professional conduct of the American
197	197	Institute of Certified Public Accountants, or its successor organization, or as
198	198	otherwise determined by the department. The certified public accountant shall do
199	199	all of the following:
200	200	a. Conduct the audit required under s. 73.03 (78) (c) according to any rules
201	201	promulgated by the department.
202	202	b. Verify each reported expenditure that is included in the audit and identify
203	203	and exclude each expenditure that does not satisfy this subsection.
204	204	3. Eligible expenditures incurred and eligible wages paid by a tax-option
205	205	corporation, partnership, or limited liability company that is treated as a
206	206	partnership may be claimed as a credit under this subsection by that corporation[s
207	207	shareholders, that partnership[s partners, or that limited liability company[s
208	208	members who are residents of this state and who otherwise qualify under this
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236	236	subsection, unless the tax-option corporation, partnership, or limited liability
237	237	company has made an election under s. 71.21 (6) (a) or 71.365 (4m) (a).
238	238	4. If a tax-option corporation, partnership, or limited liability company makes
239	239	an election under s. 71.21 (6) (a) or 71.365 (4m) (a), that tax-option corporation,
240	240	partnership, or limited liability company may claim the credit under this
241	241	subsection.
242	242	(d) Administration. 1. Section 71.28 (4) (e), (g), and (h), as it applies to the
243	243	credit under s. 71.28 (4), applies to the credits under this subsection.
244	244	2. If the allowable amount of the claim under par. (b) exceeds the tax
245	245	otherwise due under this chapter or no tax is due under this chapter, the amount of
246	246	the claim not used to offset the tax due shall be certified by the department of
247	247	revenue to the department of administration for payment by check, share draft, or
248	248	other draft drawn from the appropriation account under s. 20.835 (2) (de).
249	249	Notwithstanding s. 71.82 (1) (b), no interest shall be added to amounts certified
250	250	under this subdivision.
251	251	SECTION 4. 71.10 (4) (i) of the statutes is amended to read:
252	252	71.10 (4) (i) The total of claim of right credit under s. 71.07 (1), farmland
253	253	preservation credit under ss. 71.57 to 71.61, farmland preservation credit, 2010 and
254	254	beyond under s. 71.613, homestead credit under subch. VIII, jobs tax credit under s.
255	255	71.07 (3q), business development credit under s. 71.07 (3y), research credit under s.
256	256	71.07 (4k) (e) 2. a., veterans and surviving spouses property tax credit under s.
257	257	71.07 (6e), enterprise zone jobs credit under s. 71.07 (3w), electronics and
258	258	information technology manufacturing zone credit under s. 71.07 (3wm), earned
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285	285	SECTION 4
286	286	income tax credit under s. 71.07 (9e), video game production credit under s. 71.07
287	287	(12), estimated tax payments under s. 71.09, and taxes withheld under subch. X.
288	288	SECTION 5. 71.21 (4) (a) of the statutes is amended to read:
289	289	71.21 (4) (a) The amount of the credits computed by a partnership under s.
290	290	71.07 (2dm), (2dx), (2dy), (3g), (3h), (3n), (3q), (3s), (3t), (3w), (3wm), (3y), (4k), (4n),
291	291	(5g), (5i), (5j), (5k), (5r), (5rm), (6n), and (10), and (12) and passed through to
292	292	partners shall be added to the partnership[s income.
293	293	SECTION 6. 71.21 (6) (d) 3. of the statutes is amended to read:
294	294	71.21 (6) (d) 3. Except as provided in s. 71.07 (7) (b) 3. and (12) (c) 4., the tax
295	295	credits under this chapter may not be claimed by the partnership.
296	296	SECTION 7. 71.26 (2) (a) 4. of the statutes is amended to read:
297	297	71.26 (2) (a) 4. Plus the amount of the credit computed under s. 71.28 (1dm),
298	298	(1dx), (1dy), (3g), (3h), (3n), (3q), (3t), (3w), (3wm), (3y), (5g), (5i), (5j), (5k), (5r),
299	299	(5rm), (6n), and (10), and (12) and not passed through by a partnership, limited
300	300	liability company, or tax-option corporation that has added that amount to the
301	301	partnership[s, limited liability company[s, or tax-option corporation[s income under
302	302	s. 71.21 (4) or 71.34 (1k) (g).
303	303	SECTION 8. 71.28 (12) of the statutes is created to read:
304	304	71.28 (12) VIDEO GAME PRODUCTION CREDIT. (a) Definitions. In this
305	305	subsection:
306	306	1. XClaimantY means a person certified under s. 73.03 (78).
307	307	2. XEligible expendituresY means amounts paid by the claimant directly
308	308	relating to qualifying activities in this state, excluding any of the following:
309	309	a. Wages.
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338	338	b. Expenditures used to claim another credit under this chapter.
339	339	c. Amounts paid to a person certified to receive a credit under this subsection
340	340	or s. 71.07 (12) or 71.47 (12).
341	341	d. Amounts paid to persons as a result of their participation in profits from
342	342	video game production, such as commissions, royalties, or profit-sharing
343	343	agreements.
344	344	e. Amounts paid for capital expenditures, such as buildings and equipment.
345	345	f. Amounts paid to purchase a copyright, trademark, or tradename.
346	346	g. Amounts paid for management or other administrative activities.
347	347	h. Amounts paid for marketing, promotion, or distribution.
348	348	i. Amounts paid for food or entertainment.
349	349	j. Interest paid on loans or other credit arrangements.
350	350	3. XEligible wagesY means wages paid by the claimant directly relating to
351	351	qualifying activities in this state.
352	352	4. XQualifying activitiesY means developing, producing, or creating a video
353	353	game product or platform.
354	354	5. XVideo game product or platformY means an electronic game developed for
355	355	commercial distribution and entertainment that involves interaction with a user
356	356	interface to generate visual feedback on a video device. XVideo game product or
357	357	platformY does not include any of the following:
358	358	a. A product or platform that contains content in violation of s. 944.21.
359	359	b. A product or platform designed for political, religious, or educational
360	360	purposes.
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388	388	c. A product or platform regulated under chs. 562 to 569.
389	389	d. A product or platform designed to provide information about one or more
390	390	individuals or businesses, such as marketing and promotional websites or
391	391	microsites.
392	392	e. A product or platform designed for social media or interpersonal
393	393	communications, such as podcasting, interactive advertising, journalism, video
394	394	conferencing, wireless telecommunications, text-based channels, chat rooms, or
395	395	broadcast or streamed viewing enhancements.
396	396	f. A product or platform designed to stream linear media such as audio, video,
397	397	or pictures.
398	398	g. Small-scale electronic games embedded and used exclusively in advertising.
399	399	6. XWagesY means wages, as defined in s. 71.63 (6), that are subject to
400	400	withholding under subch. X and for which a statement under s. 71.65 (1) is
401	401	furnished.
402	402	(b) Filing claims. Subject to the limitations provided in this subsection, for
403	403	taxable years beginning after December 31, 2024, a claimant may claim as a credit
404	404	against the tax imposed under s. 71.23 any of the following amounts:
405	405	1. An amount equal to 30 percent of the eligible wages paid by the person in
406	406	the taxable year.
407	407	2. An amount equal to 30 percent of the eligible expenditures incurred by the
408	408	claimant in the taxable year.
409	409	(c) Limitations. 1. No credit may be allowed under this subsection unless the
410	410	claimant files an application with the department, at the time and in the manner
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438	438	prescribed by the department, and the department approves the application. The
439	439	claimant shall submit a copy of the approved application with the claimant[s
440	440	return.
441	441	2. No credit may be allowed under this subsection unless the claimant retains
442	442	at the claimant[s sole expense a certified public accountant licensed under ch. 442
443	443	to review and certify to the department the total eligible expenditures incurred and
444	444	total eligible wages paid in the taxable and to conduct the audit required under s.
445	445	73.03 (78) (c). No audit of a claimant required under s. 73.03 (78) (c) may be
446	446	performed by a certified public accountant that is part of an accounting entity that
447	447	is not determined by the department to be independent of the claimant, consistent
448	448	with s. 442.10 and as provided in the code of professional conduct of the American
449	449	Institute of Certified Public Accountants, or its successor organization, or as
450	450	otherwise determined by the department. The certified public accountant shall do
451	451	all of the following:
452	452	a. Conduct the audit required under s. 73.03 (78) (c) according to any rules
453	453	promulgated by the department.
454	454	b. Verify each reported expenditure that is included in the audit and identify
455	455	and exclude each expenditure that does not satisfy this subsection.
456	456	(d) Administration. 1. Subsection (4) (e), (g), and (h), as it applies to the credit
457	457	under sub. (4), applies to the credits under this subsection.
458	458	2. If the allowable amount of the claim under par. (b) exceeds the tax
459	459	otherwise due under this chapter or no tax is due under this chapter, the amount of
460	460	the claim not used to offset the tax due shall be certified by the department of
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488	488	revenue to the department of administration for payment by check, share draft, or
489	489	other draft drawn from the appropriation account under s. 20.835 (2) (de).
490	490	Notwithstanding s. 71.82 (1) (b), no interest shall be added to amounts certified
491	491	under this subdivision.
492	492	SECTION 9. 71.30 (3) (f) of the statutes is amended to read:
493	493	71.30 (3) (f) The total of farmland preservation credit under subch. IX, jobs
494	494	credit under s. 71.28 (3q), enterprise zone jobs credit under s. 71.28 (3w), electronics
495	495	and information technology manufacturing zone credit under s. 71.28 (3wm),
496	496	business development credit under s. 71.28 (3y), research credit under s. 71.28 (4)
497	497	(k) 1., video game production credit under s. 71.28 (12), and estimated tax
498	498	payments under s. 71.29.
499	499	SECTION 10. 71.34 (1k) (g) of the statutes is amended to read:
500	500	71.34 (1k) (g) An addition shall be made for credits computed by a tax-option
501	501	corporation under s. 71.28 (1dm), (1dx), (1dy), (3), (3g), (3h), (3n), (3q), (3t), (3w),
502	502	(3wm), (3y), (4), (5), (5g), (5i), (5j), (5k), (5r), (5rm), (6n), and (10), and (12) and
503	503	passed through to shareholders.
504	504	SECTION 11. 71.365 (4m) (d) 2. of the statutes is amended to read:
505	505	71.365 (4m) (d) 2. Except as provided in s. 71.07 (7) (b) 3. and (12) (c) 4., the
506	506	tax credits under this chapter may not be claimed by the tax-option corporation.
507	507	SECTION 12. 71.45 (2) (a) 10. of the statutes is amended to read:
508	508	71.45 (2) (a) 10. By adding to federal taxable income the amount of credit
509	509	computed under s. 71.47 (1dm) to (1dy), (3g), (3h), (3n), (3q), (3w), (3y), (5g), (5i),
510	510	(5j), (5k), (5r), (5rm), (6n), and (10), and (12) and not passed through by a
511	511	partnership, limited liability company, or tax-option corporation that has added
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536	536	ASSEMBLY BILL 204
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539	539	SECTION 12
540	540	that amount to the partnership[s, limited liability company[s, or tax-option
541	541	corporation[s income under s. 71.21 (4) or 71.34 (1k) (g) and the amount of credit
542	542	computed under s. 71.47 (3), (3t), (4), (4m), and (5).
543	543	SECTION 13. 71.47 (12) of the statutes is created to read:
544	544	71.47 (12) VIDEO GAME PRODUCTION CREDIT. (a) Definitions. In this
545	545	subsection:
546	546	1. XClaimantY means a person certified under s. 73.03 (78).
547	547	2. XEligible expendituresY means amounts paid by the claimant directly
548	548	relating to qualifying activities in this state, excluding any of the following:
549	549	a. Wages.
550	550	b. Expenditures used to claim another credit under this chapter.
551	551	c. Amounts paid to a person certified to receive a credit under this subsection
552	552	or s. 71.07 (12) or 71.28 (12).
553	553	d. Amounts paid to persons as a result of their participation in profits from
554	554	video game production, such as commissions, royalties, or profit-sharing
555	555	agreements.
556	556	e. Amounts paid for capital expenditures, such as buildings and equipment.
557	557	f. Amounts paid to purchase a copyright, trademark, or tradename.
558	558	g. Amounts paid for management or other administrative activities.
559	559	h. Amounts paid for marketing, promotion, or distribution.
560	560	i. Amounts paid for food or entertainment.
561	561	j. Interest paid on loans or other credit arrangements.
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587	587	SECTION 13
588	588	3. XEligible wagesY means wages paid by the claimant directly relating to
589	589	qualifying activities in this state.
590	590	4. XQualifying activitiesY means developing, producing, or creating a video
591	591	game product or platform.
592	592	5. XVideo game product or platformY means an electronic game developed for
593	593	commercial distribution and entertainment that involves interaction with a user
594	594	interface to generate visual feedback on a video device. XVideo game product or
595	595	platformY does not include any of the following:
596	596	a. A product or platform that contains content in violation of s. 944.21.
597	597	b. A product or platform designed for political, religious, or educational
598	598	purposes.
599	599	c. A product or platform regulated under chs. 562 to 569.
600	600	d. A product or platform designed to provide information about one or more
601	601	individuals or businesses, such as marketing and promotional websites or
602	602	microsites.
603	603	e. A product or platform designed for social media or interpersonal
604	604	communications, such as podcasting, interactive advertising, journalism, video
605	605	conferencing, wireless telecommunications, text-based channels, chat rooms, or
606	606	broadcast or streamed viewing enhancements.
607	607	f. A product or platform designed to stream linear media such as audio, video,
608	608	or pictures.
609	609	g. Small-scale electronic games embedded and used exclusively in advertising.
610	610	6. XWagesY means wages, as defined in s. 71.63 (6), that are subject to
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636	636	KP:cdc
637	637	SECTION 13
638	638	withholding under subch. X and for which a statement under s. 71.65 (1) is
639	639	furnished.
640	640	(b) Filing claims. Subject to the limitations provided in this subsection, for
641	641	taxable years beginning after December 31, 2024, a claimant may claim as a credit
642	642	against the tax imposed under s. 71.43 any of the following amounts:
643	643	1. An amount equal to 30 percent of the eligible wages paid by the person in
644	644	the taxable year.
645	645	2. An amount equal to 30 percent of the eligible expenditures incurred by the
646	646	claimant in the taxable year.
647	647	(c) Limitations. 1. No credit may be allowed under this subsection unless the
648	648	claimant files an application with the department, at the time and in the manner
649	649	prescribed by the department, and the department approves the application. The
650	650	claimant shall submit a copy of the approved application with the claimant[s
651	651	return.
652	652	2. No credit may be allowed under this subsection unless the claimant retains
653	653	at the claimant[s sole expense a certified public accountant licensed under ch. 442
654	654	to review and certify to the department the total eligible expenditures incurred and
655	655	total eligible wages paid in the taxable and to conduct the audit required under s.
656	656	73.03 (78) (c). No audit of a claimant required under s. 73.03 (78) (c) may be
657	657	performed by a certified public accountant that is part of an accounting entity that
658	658	is not determined by the department to be independent of the claimant, consistent
659	659	with s. 442.10 and as provided in the code of professional conduct of the American
660	660	Institute of Certified Public Accountants, or its successor organization, or as
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684	684	ASSEMBLY BILL 204
685	685	- 15 - LRB-2074/1
686	686	KP:cdc
687	687	SECTION 13
688	688	otherwise determined by the department. The certified public accountant shall do
689	689	all of the following:
690	690	a. Conduct the audit required under s. 73.03 (78) (c) according to any rules
691	691	promulgated by the department.
692	692	b. Verify each reported expenditure that is included in the audit and identify
693	693	and exclude each expenditure that does not satisfy this subsection.
694	694	(d) Administration. 1. Section 71.28 (4) (e), (g), and (h), as it applies to the
695	695	credit under s. 71.28 (4), applies to the credits under this subsection.
696	696	2. If the allowable amount of the claim under par. (b) exceeds the tax
697	697	otherwise due under this chapter or no tax is due under this chapter, the amount of
698	698	the claim not used to offset the tax due shall be certified by the department of
699	699	revenue to the department of administration for payment by check, share draft, or
700	700	other draft drawn from the appropriation account under s. 20.835 (2) (de).
701	701	Notwithstanding s. 71.82 (1) (b), no interest shall be added to amounts certified
702	702	under this subdivision.
703	703	SECTION 14. 71.49 (1) (f) of the statutes is amended to read:
704	704	71.49 (1) (f) The total of farmland preservation credit under subch. IX, jobs
705	705	credit under s. 71.47 (3q), enterprise zone jobs credit under s. 71.47 (3w), business
706	706	development credit under s. 71.47 (3y), research credit under s. 71.47 (4) (k) 1.,
707	707	video game production credit under s. 71.47 (12), and estimated tax payments
708	708	under s. 71.48.
709	709	SECTION 15. 73.03 (78) of the statutes is created to read:
710	710	73.03 (78) To implement a program to approve applications for a certificate
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735	735	- 16 - LRB-2074/1
736	736	KP:cdc
737	737	SECTION 15
738	738	for purposes of ss. 71.07 (12), 71.28 (12), and 71.47 (12). Application shall be made
739	739	to the department in each taxable year for which a certificate is desired. The
740	740	department may not approve an application unless all of the following apply:
741	741	(a) The applicant operates a business in this state and maintains a physical
742	742	business location in this state.
743	743	(b) The applicant owns a copyright in a video game production or platform, as
744	744	defined in s. 71.07 (12) (a) 5., or is actively seeking a copyright in a video game
745	745	production or platform.
746	746	(c) The applicant provides verification of eligible expenditures incurred and
747	747	eligible wages paid to claim the credit under s. 71.07 (12), 71.28 (12), or 71.47 (12)
748	748	and submits an audit of such eligible expenditures and eligible wages.
749	749	(d) The applicant certifies that the applicant will comply with the
750	750	requirements under s. 71.07 (12), 71.28 (12), or 71.47 (12).
751	751	(END)
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