Text: H09281 Text: H09283 Text: H09200 - H09299 Text: H Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Amend House File 2530, as passed by the House, as 1 2 follows: 1 3 #1. Page 2, by inserting after line 23 the 1 4 following: 1 5 "Sec. 111. NEW SECTION. 422.12A INCOME TAX 1 6 CHECKOFF FOR THE ARTS. 1 7 1. A person who files an individual or a joint 1 8 income tax return with the department of revenue and 1 9 finance under section 422.13 may designate one dollar 1 10 or more to be paid to the Iowa state arts council as 1 11 established in section 303.86. If the refund due on 1 12 the return or the payment remitted with the return is 1 13 insufficient to pay the amount designated by the 1 14 taxpayer to the Iowa state arts council, the amount 1 15 designated shall be reduced to the remaining amount of 1 16 the refund or the remaining amount remitted with the 1 17 return. The designation of a contribution to the Iowa 1 18 state arts council under this section is irrevocable. 1 19 2. The director of revenue and finance shall draft 1 20 the income tax form to allow the designation of 1 21 contributions to the Iowa state arts council on the 1 22 tax return. The department, on or before January 31, 1 23 shall transfer the total amount designated on the tax 1 24 form due in the preceding year to an arts fund created 1 25 in the division of arts of the department of cultural 1 26 affairs. 1 27 3. The division of arts may authorize payment from 1 28 the arts fund for purposes of supporting division of 1 29 arts activities. 1 30 4. The department shall adopt rules to implement 1 31 this section. However, before a checkoff pursuant to 1 32 this section shall be permitted, all liabilities on 1 33 the books of the department of revenue and finance and 1 34 accounts identified as owing under section 421.17 and 1 35 the political contribution allowed under section 56.18 1 36 shall be satisfied. 1 37 5. The limitation on income tax return checkoffs 1 38 specified in section 422.12E does not apply to this 1 39 checkoff." 1 40 #2. Page 21, by striking lines 20 and 21 and 1 41 inserting the following: "with this chapter. In 1 42 addition, the tax imposed under this chapter is a lien 1 43 on the share of the estate passing to the surviving 1 44 spouse, and parents, grandparents, great-grandparents, 1 45 and other lineal ascendants, children including 1 46 legally adopted children and biological children 1 47 entitled to inherit under the laws of this state, 1 48 stepchildren, and grandchildren, great-grandchildren, 1 49 and other lineal descendants. The". 1 50 #3. Page 37, by inserting after line 9 the 2 1 following: 2 2 "___. Section 111 of this Act, establishing 2 3 section 422.12A, applies retroactively to January 1, 2 4 1998, for tax years beginning on or after that date." 2 5 #4. By renumbering, relettering, or redesignating 2 6 and correcting internal references as necessary. 2 7 HF 2530S 2 8 mg/cc/26
Text: H09281 Text: H09283 Text: H09200 - H09299 Text: H Index Bills and Amendments: General Index Bill History: General Index
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