Text: S03454 Text: S03456 Text: S03400 - S03499 Text: S Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Amend Senate File 532 as follows: 1 2 #1. Page 4, by inserting after line 24 the 1 3 following: 1 4 "Sec. . Section 422.12, subsection 2, 1 5 unnumbered paragraph 1, Code 1997, is amended to read 1 6 as follows: 1 7 A tuition credit equal totentwenty percent of the 1 8 first one thousand dollars which the taxpayer has paid 1 9 to others for each dependent in grades kindergarten 1 10 through twelve, for tuition, fees, and textbooks of 1 11 each dependent in attending an elementary or secondary 1 12 school situated in Iowa, which school is accredited or 1 13 approved under section 256.11, which is not operated 1 14 for profit, and which adheres to the provisions of the 1 15 federal Civil Rights Act of 1964 and chapter 216. As 1 16 used in this subsection, "textbooks" means books and 1 17 other instructional materials and equipment used in 1 18 elementary and secondary schools in teaching only 1 19 those subjects legally and commonly taught in public 1 20 elementary and secondary schools in this state and 1 21 does not include instructional books and materials 1 22 used in the teaching of religious tenets, doctrines, 1 23 or worship, the purpose of which is to inculcate those 1 24 tenets, doctrines, or worship, and does not include 1 25 books or materials for extracurricular activities 1 26 including sporting events, musical or dramatic events, 1 27 speech activities, driver's education, or programs of 1 28 a similar nature. Notwithstanding any other 1 29 provision, all other credits allowed under this 1 30 section and section 422.12B shall be deducted before 1 31 the tuition credit under this subsection. The 1 32 department, when conducting an audit of a taxpayer's 1 33 return, shall also audit the tuition tax credit 1 34 portion of the tax return. 1 35 Sec. . APPLICABILITY. This Act applies 1 36 retroactively to January 1, 1997, for tax years 1 37 beginning on or after that date." 1 38 #2. Title page, line 2, by inserting after the 1 39 word "districts" the following: ", increasing the 1 40 tuition and textbook tax credit to twenty percent of 1 41 the first one thousand dollars of K through 12 1 42 tuition, fees, and textbook expenses, providing a 1 43 retroactive applicability date,". 1 44 #3. By renumbering as necessary. 1 45 1 46 1 47 1 48 STEVEN D. HANSEN 1 49 TOM VILSACK 1 50 SF 532.701 77 2 1 kh/sc/28
Text: S03454 Text: S03456 Text: S03400 - S03499 Text: S Index Bills and Amendments: General Index Bill History: General Index
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