Text: H03201 Text: H03203 Text: H03200 - H03299 Text: H Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Amend the amendment, H-3030, to Senate File 69, as 1 2 passed by the Senate as follows: 1 3 #1. Page 1, by striking lines 6 through 45 and 1 4 inserting the following: 1 5 "DEPENDENT TAX CREDIT AND SPECIAL FUND. 1 6 Section 1. Section 422.12, subsection 1, paragraph 1 7 c, Code 1995, is amended by striking the paragraph. 1 8 Sec. 2. NEW SECTION. 422.12A DEPENDENT TAX 1 9 CREDIT. 1 10 1. The taxes imposed under this division less the 1 11 credits allowed under sections 422.11A, 422.11B, 1 12 422.11C, 422.12, and 422.12B shall be reduced by a 1 13 dependent tax credit equal to one hundred thirty-five 1 14 dollars for each dependent for tax years beginning on 1 15 or after January 1, 1995, but before January 1, 1997, 1 16 and four hundred fifteen dollars for each dependent 1 17 for tax years beginning on or after January 1, 1997. 1 18 The term "dependent" means the same as defined in the 1 19 internal Revenue Code. 1 20 2. Any credit in excess of the tax liability shall 1 21 be refunded. In lieu of claiming a refund, a taxpayer 1 22 may elect to have the overpayment shown on the 1 23 taxpayer's final, completed return credited to the tax 1 24 liability for the following taxable year." 1 25 #2. By striking page 3, line 23, through page 4, 1 26 line 33. 1 27 1 28 1 29 1 30 DODERER of Johnson 1 31 1 32 1 33 1 34 MURPHY of Dubuque 1 35 1 36 1 37 1 38 OLLIE of Clinton 1 39 1 40 1 41 1 42 BAKER of Polk 1 43 1 44 1 45 1 46 HOLVECK of Polk 1 47 1 48 1 49 1 50 MASCHER of Johnson 2 1 2 2 2 3 2 4 JOCHUM of Dubuque 2 5 2 6 2 7 2 8 BURNETT of Story 2 9 2 10 2 11 2 12 WITT of Black Hawk 2 13 2 14 2 15 2 16 BRAND of Benton 2 17 2 18 2 19 2 20 MORELAND of Wapello 2 21 2 22 2 23 2 24 MERTZ of Kossuth 2 25 2 26 2 27 2 28 NELSON of Pottawattamie 2 29 2 30 2 31 2 32 WEIGEL of Chickasaw 2 33 2 34 2 35 2 36 KOENIGS of Mitchell 2 37 2 38 2 39 2 40 O'BRIEN of Boone 2 41 2 42 2 43 2 44 MAY of Worth 2 45 2 46 2 47 2 48 SHOULTZ of Black Hawk 2 49 2 50 3 1 3 2 BERNAU of Story 3 3 3 4 3 5 3 6 MUNDIE of Webster 3 7 3 8 3 9 3 10 CONNORS of Polk 3 11 3 12 3 13 3 14 SCHRADER of Marion 3 15 SF 69.226 76 3 16 mg/jj
Text: H03201 Text: H03203 Text: H03200 - H03299 Text: H Index Bills and Amendments: General Index Bill History: General Index
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