House File 2274 H-8018 Amend House File 2274 as follows: 1 1. Page 39, after line 9 by inserting: 2 < DIVISION V 3 EARNED INCOME TAX CREDIT 4 Sec. ___. Section 422.12B, subsection 1, Code 2011, 5 is amended to read as follows: 6 1. The taxes imposed under this division less the 7 credits allowed under section 422.12 shall be reduced 8 by an earned income credit equal to seven thirteen 9 percent of the federal earned income credit provided in 10 section 32 of the Internal Revenue Code. Any credit in 11 excess of the tax liability is refundable. 12 Sec. ___. RETROACTIVE APPLICABILITY. This division 13 of this Act applies retroactively to January 1, 2012, 14 for tax years beginning on or after that date. > 15 2. Title page, line 1, by striking < property > 16 3. Title page, by striking line 10 and inserting 17 < making appropriations, modifying provisions relating 18 to the earned income tax credit, and including 19 effective date and retroactive applicability and other > 20 4. By renumbering as necessary. 21 ______________________________ PETERSEN of Polk -1- HF2274.3808 (2) 84 md/sc 1/ 1 #1. #2. #3. #4.