Text: HF00639 Text: HF00641 Text: HF00600 - HF00699 Text: HF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN
1 1 Section 1. Section 422.7, Code 2003, is amended by adding
1 2 the following new subsection:
1 3 NEW SUBSECTION. 39. Subtract, to the extent included,
1 4 dividends received from a corporation.
1 5 Sec. 2. EFFECTIVE AND APPLICABILITY DATES. This Act,
1 6 being deemed of immediate importance, takes effect upon
1 7 enactment and applies retroactively to January 1, 2003, for
1 8 tax years beginning on or after that year.
1 9 EXPLANATION
1 10 This bill allows the deduction for dividends received from
1 11 a corporation in computing state individual income tax.
1 12 The bill takes effect upon enactment and applies beginning
1 13 with the 2003 tax year.
1 14 LSB 1577YH 80
1 15 mg/sh/8
Text: HF00639 Text: HF00641 Text: HF00600 - HF00699 Text: HF Index Bills and Amendments: General Index Bill History: General Index
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