Amend House File 2274 as follows:
   1.  Page 39, after line 9 by inserting: 

<DIVISION V

EARNED INCOME TAX CREDIT
   Sec. ___.  Section 422.12B, subsection 1, Code 2011, is amended to read as follows:
   1.  The taxes imposed under this division less the credits allowed under section 422.12 shall be reduced by an earned income credit equal to seven
 
thirteen percent of the federal earned income credit provided in section 32 of the Internal Revenue Code. Any credit in excess of the tax liability is refundable.
   Sec. ___.  RETROACTIVE APPLICABILITY.  This division of this Act applies retroactively to January 1, 2012, for tax years beginning on or after that date.>
   2.  Title page, line 1, by striking <property>
   3.  Title page, by striking line 10 and inserting <making appropriations, modifying provisions relating to the earned income tax credit, and including effective date and retroactive applicability and other>
   4.  By renumbering as necessary.

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PETERSEN of Polk