Text: SF00051 Text: SF00053 Text: SF00000 - SF00099 Text: SF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Section 1. Section 422.12, subsection 1, paragraph c, Code 1 2 2001, is amended to read as follows: 1 3 c. For each dependent, an additionalfortyone hundred 1 4 dollars. As used in this section, the term "dependent" has 1 5 the same meaning as provided by the Internal Revenue Code. 1 6 Sec. 2. RETROACTIVE APPLICABILITY. This Act applies 1 7 retroactively to January 1, 2001, for tax years beginning on 1 8 or after that date. 1 9 EXPLANATION 1 10 This bill increases the dependent credit under the 1 11 individual income tax from $40 to $100 per dependent. 1 12 The bill applies retroactively to January 1, 2001, for tax 1 13 years beginning on or after that date. 1 14 LSB 1612SS 79 1 15 mg/pj/5
Text: SF00051 Text: SF00053 Text: SF00000 - SF00099 Text: SF Index Bills and Amendments: General Index Bill History: General Index
© 2001 Cornell College and League of Women Voters of Iowa
Comments about this site or page?
webmaster@legis.iowa.gov.
Please remember that the person listed above does not vote on bills. Direct all comments concerning legislation to State Legislators.
Last update: Wed May 9 09:40:00 CDT 2001
URL: /DOCS/GA/79GA/Legislation/SF/00000/SF00052/010123.html
jhf