House Amendment 1227


PAG LIN




     1  1    Amend House File 486 as follows:
     1  2 #1.  Page 2, by inserting after line 23 the
     1  3 following:
     1  4    <Sec.    .  NEW SECTION.  422.12N  DOG ADOPTION TAX
     1  5 CREDIT.
     1  6    1.  The taxes imposed under this division, less the
     1  7 credits allowed under section 422.12, shall be reduced
     1  8 by a dog adoption tax credit.  The amount of the tax
     1  9 credit shall equal the total amount of costs paid by
     1 10 the taxpayer to obtain ownership of a dog transferred
     1 11 by a pound issued a certificate of registration
     1 12 pursuant to section 162.3 or an animal shelter issued
     1 13 a certificate of registration pursuant to section
     1 14 162.4.  However, during any tax year, the total amount
     1 15 of all tax credits claimed by a taxpayer under this
     1 16 subsection shall not exceed three hundred dollars.
     1 17    2.  In order for the taxpayer to claim the dog
     1 18 adoption tax credit under subsection 1, a tax credit
     1 19 certificate issued by the pound or animal shelter
     1 20 transferring the dog to the taxpayer must be attached
     1 21 to the taxpayer's tax return.  The department of
     1 22 revenue shall prescribe the form for the tax credit
     1 23 certificate.  A tax credit certificate attached to the
     1 24 tax return shall at least include the taxpayer's name,
     1 25 address, tax identification number, and the amount of
     1 26 the costs paid by the taxpayer to the pound or animal
     1 27 shelter.
     1 28    3.  Any amount of the dog adoption tax credit in
     1 29 excess of the taxpayer's tax liability shall be
     1 30 refunded.  In lieu of claiming a refund, the taxpayer
     1 31 may elect to have the overpayment shown on the
     1 32 taxpayer's final, completed return credited to the
     1 33 taxpayer's tax liability for the following tax year.
     1 34    Sec.    .  APPLICABILITY.  Section 422.12N, as
     1 35 enacted in this Act, applies on and after January 1,
     1 36 2010, for tax years beginning on or after that date.>
     1 37 #2.  Title page, line 3, by inserting after the
     1 38 word <stewardship> the following:  <, providing for a
     1 39 tax credit, and providing for the applicability of the
     1 40 tax credits>.
     1 41 #3.  By renumbering as necessary.
     1 42
     1 43
     1 44                               
     1 45 LUKAN of Dubuque
     1 46 HF 486.704 83
     1 47 da/nh/22898
   1 48
   1 49
   1 50

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