Senate File 2160 - Introduced



                                       SENATE FILE       
                                       BY  IVERSON, BEHN, LAMBERTI,
                                           McKIBBEN, ANGELO, JOHNSON,
                                           KETTERING, GASKILL, BRUNKHORST,
                                           SEYMOUR, BOETTGER, PUTNEY,
                                           HOUSER, SHULL, WARD, WIECK,
                                           ZAUN, HAHN, MULDER, ZIEMAN,
                                           and LARSON


    Passed Senate, Date               Passed House,  Date             
    Vote:  Ayes        Nays           Vote:  Ayes        Nays         
                 Approved                            

                                      A BILL FOR

  1 An Act exempting active duty pay of members of the armed forces,
  2    armed forces military reserve, and national guard and
  3    including a retroactive applicability date provision.
  4 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
  5 TLSB 5074XS 81
  6 mg/cf/24

PAG LIN



  1  1    Section 1.  Section 422.7, Code Supplement 2005, is amended
  1  2 by adding the following new subsection:
  1  3    NEW SUBSECTION.  45.  Subtract, to the extent included,
  1  4 active duty pay received by a person as a member on federal
  1  5 active duty of the armed forces or as a member in the armed
  1  6 forces military reserve or national guard serving on federal
  1  7 active duty other than for training.
  1  8    Sec. 2.  RETROACTIVE APPLICABILITY DATE.  This Act applies
  1  9 retroactively to January 1, 2006, for tax years beginning on
  1 10 or after that date.
  1 11                           EXPLANATION
  1 12    This bill exempts active duty pay for members of the armed
  1 13 forces, armed forces military reserve, and national guard who
  1 14 serve on federal active duty other than for training.
  1 15    The bill applies retroactively to January 1, 2006, for tax
  1 16 years beginning on or after that date.
  1 17 LSB 5074XS 81
  1 18 mg:rj/cf/24