Text: HF00473 Text: HF00475 Text: HF00400 - HF00499 Text: HF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Section 1. Section 422.12, subsection 2, Code 2003, is 1 2 amended to read as follows: 1 3 2. A tuition credit equal to twenty-five percent of the 1 4 first one thousand dollars which the taxpayer has paid to 1 5 others for each dependent in grades kindergarten through 1 6 twelve, for tuition and textbooks of each dependent in 1 7 attending an elementary or secondary school situated in Iowa, 1 8 which school is accredited or approved under section 256.11, 1 9 which is not operated for profit, and which adheres to the 1 10 provisions of the federal Civil Rights Act of 1964 and chapter 1 11 216 or in attending an elementary or secondary school situated 1 12 outside Iowa, which school is accredited or approved by that 1 13 state, which is not operated for profit, and which adheres to 1 14 the provisions of the federal Civil Rights Act of 1964. As 1 15 used in this subsection, "textbooks" means books and other 1 16 instructional materials and equipment used in elementary and 1 17 secondary schools in teaching only those subjects legally and 1 18 commonly taught in public elementary and secondary schools in 1 19thisthe state where the school is situated and does not 1 20 include instructional books and materials used in the teaching 1 21 of religious tenets, doctrines, or worship, the purpose of 1 22 which is to inculcate those tenets, doctrines, or worship. 1 23 "Textbooks" includes books or materials used for 1 24 extracurricular activities including sporting events, musical 1 25 or dramatic events, speech activities, driver's education, or 1 26 programs of a similar nature. Notwithstanding any other 1 27 provision, all other credits allowed under this section and 1 28 section 422.12B shall be deducted before the tuition credit 1 29 under this subsection. The department, when conducting an 1 30 audit of a taxpayer's return, shall also audit the tuition tax 1 31 credit portion of the tax return. 1 32 As used in this subsection, "tuition" means any charges for 1 33 the expenses of personnel, buildings, equipment and materials 1 34 other than textbooks, and other expenses of elementary or 1 35 secondary schools which relate to the teaching only of those 2 1 subjects legally and commonly taught in public elementary and 2 2 secondary schools inthisthe state where the school is 2 3 situated and which do not relate to the teaching of religious 2 4 tenets, doctrines, or worship, the purpose of which is to 2 5 inculcate those tenets, doctrines, or worship. "Tuition" 2 6 includes those expenses which relate to extracurricular 2 7 activities including sporting events, musical or dramatic 2 8 events, speech activities, driver's education, or programs of 2 9 a similar nature. 2 10 Sec. 2. APPLICABILITY DATE. This Act applies 2 11 retroactively to January 1, 2003, for tax years beginning on 2 12 or after that date. 2 13 EXPLANATION 2 14 This bill expands the tuition tax credit under the 2 15 individual income tax to include nonpublic schools situated 2 16 outside Iowa. The present credit equals 25 percent of the 2 17 first $1,000 spent for each dependent to attend a nonpublic 2 18 elementary or secondary school in Iowa. 2 19 The bill applies starting with tax years beginning on or 2 20 after January 1, 2003. 2 21 LSB 2862YH 80 2 22 mg/cl/14.1
Text: HF00473 Text: HF00475 Text: HF00400 - HF00499 Text: HF Index Bills and Amendments: General Index Bill History: General Index
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