Text: SF02318 Text: SF02320 Text: SF02300 - SF02399 Text: SF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Section 1. NEW SECTION. 100B.12 FIRE FIGHTER 1 2 PREPAREDNESS FUND. 1 3 1. A fire fighter preparedness fund is created as a 1 4 separate and distinct fund in the state treasury under the 1 5 control of the division of fire protection of the department 1 6 of public safety. 1 7 2. Revenue for the fire fighter preparedness fund shall 1 8 include, but is not limited to, the following: 1 9 a. Moneys credited to the fund pursuant to section 1 10 422.12F. 1 11 b. Moneys credited to the fund pursuant to section 432.15. 1 12 c. Moneys in the form of a devise, gift, bequest, 1 13 donation, or federal or other grant intended to be used for 1 14 the purposes of the fund. 1 15 3. Moneys in the fire fighter preparedness fund are not 1 16 subject to section 8.33. Notwithstanding section 12C.7, 1 17 subsection 2, interest or earnings on moneys in the fund shall 1 18 be credited to the fund. 1 19 4. Moneys in the fire fighter preparedness fund are 1 20 appropriated to the division of fire protection of the 1 21 department of public safety to be used annually as follows: 1 22 a. The first four hundred thousand dollars shall be 1 23 allocated to the state fire service and emergency response 1 24 council to assist in funding the programs and purposes, as 1 25 specified in section 100B.6, of the fire service training 1 26 bureau. 1 27 b. Any amount in excess of four hundred thousand dollars 1 28 shall be allocated to the state fire service and emergency 1 29 response council to pay the costs of providing fire fighter 1 30 training around the state. 1 31 Sec. 2. Section 422.12A, subsection 5, Code Supplement 1 32 2001, is amended by striking the subsection. 1 33 Sec. 3. NEW SECTION. 422.12F INCOME TAX CHECKOFF FOR 1 34 FIRE FIGHTER PREPAREDNESS. 1 35 1. A person who files an individual or a joint income tax 2 1 return with the department of revenue and finance under 2 2 section 422.13 may designate one dollar or more to be paid to 2 3 the fire fighter preparedness fund as created in section 2 4 100B.12. If the refund due on the return or the payment 2 5 remitted with the return is insufficient to pay the additional 2 6 amount designated by the taxpayer to the fire fighter 2 7 preparedness fund, the amount designated shall be reduced to 2 8 the remaining amount of refund or the remaining amount 2 9 remitted with the return. The designation of a contribution 2 10 to the fire fighter preparedness fund under this section is 2 11 irrevocable. 2 12 2. The director of revenue and finance shall draft the 2 13 income tax form to allow the designation of contributions to 2 14 the fire fighter preparedness fund on the tax return. The 2 15 department of revenue and finance, on or before January 31, 2 16 shall certify the total amount designated on the tax return 2 17 forms due in the preceding calendar year and shall report the 2 18 amount to the treasurer of state. The treasurer of state 2 19 shall credit the amount to the fire fighter preparedness fund. 2 20 However, before a checkoff pursuant to this section shall be 2 21 permitted, all liabilities on the books of the department of 2 22 revenue and finance and accounts identified as owing under 2 23 section 421.17 and the political contribution allowed under 2 24 section 56.18 shall be satisfied. 2 25 3. The department of revenue and finance shall adopt rules 2 26 to administer this section. 2 27 Sec. 4. NEW SECTION. 432.15 INSURANCE TAXES FOR FIRE 2 28 FIGHTER PREPAREDNESS. 2 29 Of the amounts paid as taxes pursuant to section 432.1, 2 30 subsection 2, and section 432.2, from insurance on property, 2 31 one-eighth of one percent shall be deposited in the fire 2 32 fighter preparedness fund created in section 100B.12. 2 33 Sec. 5. Section 422.12E, Code Supplement 2001, is 2 34 repealed. 2 35 Sec. 6. RETROACTIVE APPLICABILITY. This Act applies 3 1 retroactively to January 1, 2002, for tax years beginning on 3 2 or after that date. 3 3 EXPLANATION 3 4 This bill creates the fire fighter preparedness fund under 3 5 the control of the division of fire protection of the 3 6 department of public safety. 3 7 The bill provides that 1/8 of 1 percent of insurance 3 8 premium taxes paid on insurance on property shall be credited 3 9 to the fund. The bill also creates a fire fighter 3 10 preparedness income tax checkoff. Moneys collected from the 3 11 checkoff are to be credited to the fund. 3 12 Moneys in the fund are appropriated to the division of fire 3 13 protection of the department of public safety. The first 3 14 $400,000 in the fund in any one year is to be used by the 3 15 state fire and emergency response council to assist in paying 3 16 for the programs and purposes of the fire service training 3 17 bureau. Amounts in excess of $400,000 are to be used by the 3 18 state fire service and emergency response council to pay the 3 19 costs of providing fire fighter training around the state. 3 20 The bill also repeals the section of the Code that limits 3 21 to three the number of income tax checkoffs. 3 22 The bill applies retroactively to tax years beginning on or 3 23 after January 1, 2002. 3 24 LSB 5907SZ 79 3 25 sc/pj/5
Text: SF02318 Text: SF02320 Text: SF02300 - SF02399 Text: SF Index Bills and Amendments: General Index Bill History: General Index
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