Text: S05389 Text: S05391 Text: S05300 - S05399 Text: S Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Amend Senate File 2360 as follows: 1 2 #1. Page 3, by inserting after line 17 the 1 3 following: 1 4 "Sec. 111. NEW SECTION. 422.12A INCOME TAX 1 5 CHECKOFF FOR THE ARTS. 1 6 1. A person who files an individual or a joint 1 7 income tax return with the department of revenue and 1 8 finance under section 422.13 may designate one dollar 1 9 or more to be paid to the Iowa state arts council as 1 10 established in section 303.86. If the refund due on 1 11 the return or the payment remitted with the return is 1 12 insufficient to pay the amount designated by the 1 13 taxpayer to the Iowa state arts council, the amount 1 14 designated shall be reduced to the remaining amount of 1 15 the refund or the remaining amount remitted with the 1 16 return. The designation of a contribution to the Iowa 1 17 state arts council under this section is irrevocable. 1 18 2. The director of revenue and finance shall draft 1 19 the income tax form to allow the designation of 1 20 contributions to the Iowa state arts council on the 1 21 tax return. The department, on or before January 31, 1 22 shall transfer the total amount designated on the tax 1 23 form due in the preceding year to an arts fund created 1 24 in the division of arts of the department of cultural 1 25 affairs. 1 26 3. The division of arts may authorize payment from 1 27 the arts fund for purposes of supporting division of 1 28 arts activities. 1 29 4. The department shall adopt rules to implement 1 30 this section. However, before a checkoff pursuant to 1 31 this section shall be permitted, all liabilities on 1 32 the books of the department of revenue and finance and 1 33 accounts identified as owing under section 421.17 and 1 34 the political contribution allowed under section 56.18 1 35 shall be satisfied." 1 36 #2. Page 38, by inserting after line 4 the 1 37 following: 1 38 "___. Section 111 of this Act, establishing 1 39 section 422.12A, applies retroactively to January 1, 1 40 1998, for tax years beginning on or after that date." 1 41 1 42 1 43 1 44 MIKE CONNOLLY 1 45 SF 2360.203 77 1 46 mg/jl/28
Text: S05389 Text: S05391 Text: S05300 - S05399 Text: S Index Bills and Amendments: General Index Bill History: General Index
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