House Amendment 8550 PAG LIN 1 1 Amend the amendment, H=8440, to Senate File 2312, 1 2 as amended, passed, and reprinted by the Senate, as 1 3 follows: 1 4 #1. Page 1, by striking lines 6 through 10 and 1 5 inserting the following: 1 6 <# . Page 1, line 11, by inserting after the 1 7 word <veterans.> the following: <Providing grants to 1 8 eligible injured veterans pursuant to this section is 1 9 deemed to serve a vital and valid public purpose of 1 10 the state by assisting injured veterans and their 1 11 families.> 1 12 # . Page 1, by inserting after line 11 the 1 13 following: 1 14 <2A. The department may receive and accept 1 15 donations, grants, gifts, and contributions from any 1 16 public or private source for the purpose of providing 1 17 grants under this section. Moneys received by the 1 18 department pursuant to this subsection shall be 1 19 deposited in an injured veterans trust fund which 1 20 shall be created in the state treasury under the 1 21 control of the department. Moneys credited to the 1 22 trust fund shall be appropriated to the department for 1 23 the purpose of providing injured veterans grants under 1 24 this section and shall not be transferred, used, 1 25 obligated, appropriated, or otherwise encumbered, 1 26 except as provided in this section. Notwithstanding 1 27 section 12C.7, subsection 2, interest or earnings on 1 28 moneys in the trust fund shall be credited to the 1 29 trust fund.>> 1 30 #2. Page 1, by inserting after line 17 the 1 31 following: 1 32 <# . Page 2, line 11, by striking the word 1 33 <subsection> and inserting the following: 1 34 <subsections>. 1 35 # . Page 2, by inserting after line 14 the 1 36 following: 1 37 <NEW SUBSECTION. 46. Subtract, to the extent not 1 38 otherwise deducted in computing adjusted gross income, 1 39 the amounts paid by the taxpayer to the department of 1 40 veterans affairs for the purpose of providing grants 1 41 under the injured veterans grant program established 1 42 in section 35A.14. Amounts subtracted under this 1 43 subsection shall not be used by the taxpayer in 1 44 computing the amount of charitable contributions as 1 45 defined by section 170 of the Internal Revenue Code.> 1 46 # . Title page, line 2, by striking the words 1 47 <an income tax exclusion> and inserting the following: 1 48 <income tax exclusions>. 1 49 # . By renumbering as necessary.> 1 50 2 1 2 2 2 3 HUSER of Polk 2 4 SF 2312.202 81 2 5 ec/sh/5817 -1-