Text: HSB00721 Text: HSB00723 Text: HSB00700 - HSB00799 Text: HSB Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Section 1. Section 422.12E, Code Supplement 2003, is 1 2 amended to read as follows: 1 3 422.12E INCOME TAX RETURN CHECKOFFS LIMITED. 1 4 For tax years beginning on or after January 1, 1995, there 1 5 shall be allowed no more than three income tax return 1 6 checkoffs on each income tax return. When the same three 1 7 income tax return checkoffs have been provided on the income 1 8 tax return for three consecutive years, the checkoff for which 1 9 the least amount has been contributed, in the aggregate for 1 10 the first two tax years and through March 15 of the third tax 1 11 year,shall beis repealed. This section does not apply to 1 12 the income tax return checkoff provided in section 68A.601. 1 13 If more than one checkoff is enacted in the same session of 1 14 the general assembly for inclusion on the individual income 1 15 tax return form and, by operation of this section, only one 1 16 new checkoff is allowed on the individual income tax return 1 17 form, the earliest enacted checkoff shall be included on the 1 18 return form, or shall be included on the first available 1 19 opening on the return form, and the inclusion on the return 1 20 form of any other checkoffs enacted will be for subsequent tax 1 21 years in the chronological order in which the checkoffs were 1 22 enacted. 1 23 Sec. 2. NEW SECTION. 422.12F INCOME TAX CHECKOFF FOR 1 24 ANATOMICAL GIFT PUBLIC AWARENESS AND TRANSPLANTATION. 1 25 1. A person who files an individual or a joint income tax 1 26 return with the department of revenue under section 422.13 may 1 27 designate one dollar or more to be paid to the anatomical gift 1 28 public awareness and transplantation fund as created in 1 29 section 142C.15. If the refund due on the return or the 1 30 payment remitted with the return is insufficient to pay the 1 31 additional amount designated by the taxpayer to the anatomical 1 32 gift public awareness and transplantation fund, the amount 1 33 designated shall be reduced to the remaining amount of refund 1 34 or the remaining amount remitted with the return. The 1 35 designation of a contribution to the anatomical gift public 2 1 awareness and transplantation fund under this section is 2 2 irrevocable. 2 3 2. The director of revenue shall draft the income tax form 2 4 to allow the designation of contributions to the anatomical 2 5 gift public awareness and transplantation fund on the tax 2 6 return. The department of revenue, on or before January 31, 2 7 shall certify the total amount designated on the tax return 2 8 forms due in the preceding calendar year and shall report the 2 9 amount to the treasurer of state. The treasurer of state 2 10 shall credit the amount to the anatomical gift public 2 11 awareness and transplantation fund. However, before a 2 12 checkoff pursuant to this section shall be permitted, all 2 13 liabilities on the books of the department of revenue and 2 14 accounts identified as owing under section 421.17 and the 2 15 political contribution allowed under section 68A.601 shall be 2 16 satisfied. 2 17 3. The department of revenue shall adopt rules to 2 18 administer this section. This delegation of rulemaking 2 19 authority shall be construed narrowly. 2 20 Sec. 3. EFFECTIVE DATE. Section 1 of this Act, amending 2 21 section 422.12E, being deemed of immediate importance, takes 2 22 effect upon enactment. 2 23 Sec. 4. RETROACTIVE APPLICABILITY. Section 2 of this Act 2 24 applies retroactively to January 1, 2004, for tax years 2 25 beginning on or after that date and the checkoff for 2 26 anatomical gift public awareness and transplantation may be 2 27 eligible for placement on the individual income tax return 2 28 form for the tax year beginning January 1, 2004, as provided 2 29 in section 422.12E. 2 30 EXPLANATION 2 31 This bill creates an anatomical gift public awareness and 2 32 transplantation income tax checkoff. Moneys collected from 2 33 the checkoff are to be credited to the anatomical gift public 2 34 awareness and transplantation fund established in Code section 2 35 142C.15. The fund may be expended for grants to state 3 1 agencies or nonprofit legal entities for public awareness 3 2 projects and for the statewide organ and tissue donor 3 3 registry, grants to hospitals for anatomical gift public 3 4 awareness projects and anatomical gift referral protocols, and 3 5 grants to organ transplant recipients and donors through 3 6 hospitals that perform organ transplants. The checkoff is 3 7 made retroactively applicable to January 1, 2004, if the 3 8 income tax return can accommodate the tax checkoff for the 3 9 calendar year 2004 under Code section 422.12E. 3 10 The bill amends Code section 422.12E to clarify that when 3 11 the same three income tax return checkoffs have been provided 3 12 for three consecutive years, the least contributed checkoff is 3 13 repealed automatically without further action by the general 3 14 assembly. The bill also amends Code section 422.12E relating 3 15 to the limitation on the number of checkoffs allowed on the 3 16 Iowa individual income tax return to provide that if more than 3 17 one checkoff is enacted during a session of the general 3 18 assembly and there is space allowed for only one new checkoff 3 19 on the income tax return form, the checkoff first enacted will 3 20 take the next available opening on the income tax return form. 3 21 These provisions of the bill take effect upon enactment. 3 22 LSB 6380HC 80 3 23 kk/pj/5
Text: HSB00721 Text: HSB00723 Text: HSB00700 - HSB00799 Text: HSB Index Bills and Amendments: General Index Bill History: General Index
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