Senate Amendment 5199


PAG LIN




     1  1    Amend Senate File 2312, as amended, passed, and
     1  2 reprinted by the Senate, as follows:
     1  3 #1.  Page 1, line 6, by striking the words <at
     1  4 least ninety days of> and inserting the following:
     1  5 <on>.
     1  6 #2.  Page 1, line 11, by inserting after the word
     1  7 <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 #3.  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 #4.  Page 1, line 12, by inserting after the words
     1 31 <appropriated to> the following:  <or received by>.
     1 32 #5.  Page 1, line 19, by striking the word <since>
     1 33 and inserting the following:  <after>.
     1 34 #6.  Page 2, line 6, by inserting after the word
     1 35 <injured> the following:  <after September 11, 2001,
     1 36 but>.
     1 37 #7.  Page 2, line 11, by striking the word
     1 38 <subsection> and inserting the following:
     1 39 <subsections>.
     1 40 #8.  Page 2, by inserting after line 14 the
     1 41 following:
     1 42    <NEW SUBSECTION.  46.  Subtract, to the extent not
     1 43 otherwise deducted in computing adjusted gross income,
     1 44 the amounts paid by the taxpayer to the department of
     1 45 veterans affairs for the purpose of providing grants
     1 46 under the injured veterans grant program established
     1 47 in section 35A.14.  Amounts subtracted under this
     1 48 subsection shall not be used by the taxpayer in
     1 49 computing the amount of charitable contributions as
     1 50 defined by section 170 of the Internal Revenue Code.>
     2  1 #9.  Title page, line 2, by striking the words <an
     2  2 income tax exclusion> and inserting the following:
     2  3 <income tax exclusions>.
     2  4 #10.  By renumbering as necessary.
     2  5 SF 2312.H
     2  6 ec/es/25

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