House File 197HOUSE FILE BY TYMESON, ALONS, CHAMBERS, GRANZOW, WATTS, WINDSCHITL, WORTHAN, GRASSLEY, and SANDS Passed House, Date Passed Senate, Date Vote: Ayes Nays Vote: Ayes Nays Approved A BILL FOR 1 An Act relating to the treatment under the individual income tax 2 of active duty pay of members of the armed forces, armed 3 forces military reserve, and national guard and including a 4 retroactive applicability date provision. 5 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 6 TLSB 1880YH 82 7 mg/cf/24 PAG LIN 1 1 Section 1. Section 422.7, Code 2007, is amended by adding 1 2 the following new subsection: 1 3 NEW SUBSECTION. 50. 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. 1 8 Sec. 2. RETROACTIVE APPLICABILITY DATE. This Act applies 1 9 retroactively to January 1, 2007, 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, 2007, for tax 1 16 years beginning on or after that date. 1 17 LSB 1880YH 82 1 18 mg:rj/cf/24.1