Text: SF02240 Text: SF02242 Text: SF02200 - SF02299 Text: SF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN
1 1 Section 1. Section 422.7, Code Supplement 2001, is amended
1 2 by adding the following new subsection:
1 3 NEW SUBSECTION. 25A. Subtract, to the extent included,
1 4 active duty pay received by a person in the national guard or
1 5 armed forces military regular or reserve units when on active
1 6 duty on or after January 1, 2002.
1 7 Sec. 2. EFFECTIVE AND APPLICABILITY DATE. This Act, being
1 8 deemed of immediate importance, takes effect upon enactment
1 9 and applies retroactively to January 1, 2002, for tax years
1 10 beginning on or after that date.
1 11 EXPLANATION
1 12 This bill exempts from the individual income tax active
1 13 duty pay of a person in the national guard or the armed forces
1 14 regular or reserve units when on active duty on or after
1 15 January 1, 2002.
1 16 The bill takes effect upon enactment and applies
1 17 retroactively to January 1, 2002, for tax years beginning on
1 18 or after that date.
1 19 LSB 6228SS 79
1 20 mg/sh/8
Text: SF02240 Text: SF02242 Text: SF02200 - SF02299 Text: SF Index Bills and Amendments: General Index Bill History: General Index
© 2002 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: Tue Mar 5 03:35:00 CST 2002
URL: /DOCS/GA/79GA/Legislation/SF/02200/SF02241/020219.html
jhf