Text: HF00756                           Text: HF00758
Text: HF00700 - HF00799                 Text: HF Index
Bills and Amendments: General Index     Bill History: General Index

House File 757

Partial Bill History

Bill Introduced: H.J. 8
Committee Report Issued: H.J. 8 S.J. 1640
Passed House: H.J. 15
Passed Senate: S.J. 1641
Signed by Governor: H.J. 54
Complete Bill History

Bill Text

PAG LIN
  1  1                                            HOUSE FILE 757
  1  2 
  1  3                             AN ACT
  1  4 RELATING TO THE TAXATION UNDER THE INDIVIDUAL INCOME TAX OF
  1  5    CERTAIN FEDERAL TAX REBATES AND INCLUDING A RETROACTIVE 
  1  6    APPLICABILITY DATE PROVISION.  
  1  7 
  1  8 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
  1  9 
  1 10    Section 1.  Section 422.9, Code 2001, as amended by 2001
  1 11 Iowa Acts, Senate File 350, section 22, is amended by adding
  1 12 the following new subsection:
  1 13    NEW SUBSECTION.  6.  In determining the amount of deduction
  1 14 for federal income tax under subsection 1 or subsection 2,
  1 15 paragraph "b", for tax years beginning in the 2001 calendar
  1 16 year, the amount of the deduction shall not be adjusted by the
  1 17 amount received during the tax year of the advanced refund of
  1 18 the rate reduction tax credit provided pursuant to the federal
  1 19 Economic Growth and Tax Relief Reconciliation Act of 2001,
  1 20 Pub. L. No. 107-16, and the advanced refund of such credit
  1 21 shall not be subject to taxation under this division.
  1 22    Sec. 2.  APPLICABILITY.  This Act applies retroactively to
  1 23 January 1, 2001, for tax years beginning on or after that date
  1 24 and before January 1, 2002.  
  1 25 
  1 26 
  1 27                                                             
  1 28                               BRENT SIEGRIST
  1 29                               Speaker of the House
  1 30 
  1 31 
  1 32                                                             
  1 33                               MARY E. KRAMER
  1 34                               President of the Senate
  1 35 
  2  1    I hereby certify that this bill originated in the House and
  2  2 is known as House File 757, Seventy-ninth General Assembly.
  2  3 
  2  4 
  2  5                                                             
  2  6                               MARGARET THOMSON
  2  7                               Chief Clerk of the House
  2  8 Approved                , 2001
  2  9 
  2 10 
  2 11                            
  2 12 THOMAS J. VILSACK
  2 13 Governor

Text: HF00756                           Text: HF00758
Text: HF00700 - HF00799                 Text: HF Index
Bills and Amendments: General Index     Bill History: General Index

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