House Amendment 1709 PAG LIN 1 1 Amend House File 883 as follows: 1 2 #1. Page 1, by inserting before line 1 the 1 3 following: 1 4 <Section 1. Section 422.7, subsection 13, Code 1 5 2007, is amended to read as follows: 1 6 13. a. Subtract, to the extent included, the 1 7 amount of additional social security benefits taxable 1 8 under the Internal Revenue Code for tax years 1 9 beginning on or after January 1, 1994, but before 1 10 January 1,20142011. The amount of social security 1 11 benefits taxable as provided in section 86 of the 1 12 Internal Revenue Code, as amended up to and including 1 13 January 1, 1993, continues to apply for state income 1 14 tax purposes for tax years beginning on or after 1 15 January 1, 1994, but before January 1,20142011. 1 16 b. (1) For tax years beginning in the 2007 1 17 calendar year, subtract, to the extent included, 1 18 thirty=two percent of taxable social security benefits 1 19 remaining after the subtraction in paragraph "a". 1 20 (2) For tax years beginning in the 2008 calendar 1 21 year, subtract, to the extent included,thirty=two1 22 forty percent of taxable social security benefits 1 23 remaining after the subtraction in paragraph "a". 1 24 (3) For tax years beginning in the 2009 calendar 1 25 year, subtract, to the extent included,forty=three1 26 sixty percent of taxable social security benefits 1 27 remaining after the subtraction in paragraph "a". 1 28 (4) For tax years beginning in the 2010 calendar 1 29 year, subtract, to the extent included,fifty=five1 30 eighty percent of taxable social security benefits 1 31 remaining after the subtraction in paragraph "a". 1 32(5) For tax years beginning in the 2011 calendar 1 33 year, subtract, to the extent included, sixty=seven 1 34 percent of taxable social security benefits remaining 1 35 after the subtraction in paragraph "a".1 36(6) For tax years beginning in the 2012 calendar 1 37 year, subtract, to the extent included, seventy=seven 1 38 percent of taxable social security benefits remaining 1 39 after the subtraction in paragraph "a".1 40(7) For tax years beginning in the 2013 calendar 1 41 year, subtract, to the extent included, eighty=nine 1 42 percent of taxable social security benefits remaining 1 43 after the subtraction in paragraph "a".1 44 c. Married taxpayers, who file a joint federal 1 45 income tax return and who elect to file separate 1 46 returns or who elect separate filing on a combined 1 47 return for state income tax purposes, shall allocate 1 48 between the spouses the amount of benefits subtracted 1 49 under paragraphs "a" and "b" from net income in the 1 50 ratio of the social security benefits received by each 2 1 spouse to the total of these benefits received by both 2 2 spouses. 2 3 d. For tax years beginning on or after January 1, 2 420142011, subtract, to the extent included, the 2 5 amount of social security benefits taxable under 2 6 section 86 of the Internal Revenue Code.> 2 7 #2. Title page, line 1, by inserting after the 2 8 words <relating to> the following: <the phase out of 2 9 the tax on social security benefits, and to>. 2 10 2 11 2 12 2 13 LUKAN of Dubuque 2 14 2 15 2 16 2 17 PAULSEN of Linn 2 18 2 19 2 20 2 21 SANDS of Louisa 2 22 2 23 2 24 2 25 WIENCEK of Black Hawk 2 26 2 27 2 28 2 29 UPMEYER of Hancock 2 30 2 31 2 32 2 33 ALONS of Sioux 2 34 2 35 2 36 2 37 DEYOE of Story 2 38 2 39 2 40 2 41 DRAKE of Pottawattamie 2 42 2 43 2 44 2 45 HOFFMAN of Crawford 2 46 2 47 2 48 2 49 GRANZOW of Hardin 2 50 3 1 3 2 3 3 SODERBERG of Plymouth 3 4 3 5 3 6 3 7 RASMUSSEN of Buchanan 3 8 3 9 3 10 3 11 GRASSLEY of Butler 3 12 3 13 3 14 3 15 TYMESON of Madison 3 16 3 17 3 18 3 19 MAY of Dickinson 3 20 3 21 3 22 3 23 CLUTE of Polk 3 24 3 25 3 26 3 27 KAUFMANN of Cedar 3 28 3 29 3 30 3 31 L. Miller of Scott 3 32 3 33 3 34 3 35 FORRISTALL of Pottawattamie 3 36 3 37 3 38 3 39 WINDSCHITL of Harrison 3 40 3 41 3 42 3 43 VAN FOSSEN of Scott 3 44 3 45 HF 883.504 82 3 46 mg/je/9097 -1-