Definitions.
In this subsection: 1.
(1)#
“Claimant” means a person who is certified to claim tax benefits under s. 238.396 (3) and who files a claim under this subsection.
(2)#
“Full-time employee” means an individual who is employed in a job for which the annual pay is at least $30,000 and who is offered retirement, health, and other benefits that are equivalent to the retirement, health, and other benefits offered to an individual who is required to work at least 2,080 hours per year.
(3)#
“State payroll” means the amount of payroll apportioned to this state, as determined under s. 71.25 (8) [s. 71.25 (8), 2023 stats.].
(4)#
“Wages” means wages under section 3306 (b) of the Internal Revenue Code, determined without regard to any dollar limitations.
(5)#
“Zone” means a zone designated under s. 238.396 (1m).
(6)#
“Zone payroll” means the amount of state payroll that is attributable to wages paid by the claimant to full-time employees for services that are performed in the zone or that are performed outside the zone, but within the state, and for the benefit of the operations within the zone, as determined by the Wisconsin Economic Development Corporation. “Zone payroll” does not include the amount of wages paid to any full-time employees that exceeds $100,000.