Senate File 2322 S-5129 Amend Senate File 2322 as follows: 1 1. Page 1, after line 34 by inserting: 2 < Sec. ___. NEW SECTION . 422.12L Joint income tax 3 checkoff for veterans trust fund and volunteer fire 4 fighter preparedness fund. 5 1. A person who files an individual or a joint 6 income tax return with the department of revenue under 7 section 422.13 may designate one dollar or more to 8 be paid jointly to the veterans trust fund created 9 in section 35A.13 and to the volunteer fire fighter 10 preparedness fund created in section 100B.13. If the 11 refund due on the return or the payment remitted with 12 the return is insufficient to pay the additional amount 13 designated by the taxpayer, the amount designated 14 shall be reduced to the remaining amount of refund or 15 the remaining amount remitted with the return. The 16 designation of a contribution under this section is 17 irrevocable. 18 2. The director of revenue shall draft the income 19 tax form to allow the designation of contributions 20 to the veterans trust fund and to the volunteer fire 21 fighter preparedness fund as one checkoff on the 22 tax return. The department of revenue, on or before 23 January 31, shall transfer one-half of the total 24 amount designated on the tax return forms due in the 25 preceding calendar year to the veterans trust fund and 26 the remaining one-half to the volunteer fire fighter 27 preparedness fund. However, before a checkoff pursuant 28 to this section shall be permitted, all liabilities on 29 the books of the department of administrative services 30 and accounts identified as owing under section 8A.504 31 and the political contribution allowed under section 32 68A.601 shall be satisfied. 33 3. The department of revenue shall adopt rules 34 to administer this section, and shall incorporate the 35 rules into the income tax form instructions for each 36 applicable tax year. The instructions for this joint 37 income tax checkoff shall also include notice of the 38 volunteer fire fighter and volunteer emergency medical 39 services personnel credit allowed under section 422.12. 40 4. This section is subject to repeal under section 41 422.12E. 42 Sec. ___. RETROACTIVE APPLICABILITY. The following 43 provision or provisions of this Act apply retroactively 44 to January 1, 2012, for tax years beginning on or after 45 that date: 46 1. The section of this Act enacting section 47 422.12L. > 48 2. Page 1, line 35, by striking < This Act takes > 49 and inserting < The sections of this Act amending 50 -1- SF2322.5392 (2) 84 mm/sc 1/ 2 #1.
section 422.12 take > 1 3. Page 2, line 2, by striking < This Act applies > 2 and inserting < The sections of this Act amending 3 section 422.12 apply > 4 4. Title page, by striking lines 2 through 3 and 5 inserting < services personnel with an individual income 6 tax credit and a joint income tax checkoff for the 7 veterans trust fund and the volunteer fire fighter 8 preparedness fund, and including effective date and 9 retroactive and other applicability provisions. > 10 5. By renumbering as necessary. 11 ______________________________ RANDY FEENSTRA -2- SF2322.5392 (2) 84 mm/sc 2/ 2 #3. #4. #5.