H-8294

   Amend House File 2471 as follows:
   1.  Page 8, after line 5 by inserting: 

<DIVISION ___
INCOME TAX CHECKOFFS FOR THE IOWA STATE FAIR FOUNDATION FUND AND THE VETERANS TRUST FUND AND VOLUNTEER FIRE FIGHTER PREPAREDNESS FUND
   Sec. ___.  NEW SECTION.  422.12D  Income tax checkoff for the Iowa state fair foundation fund.
   1.  A person who files an individual or a joint income tax return with the department of revenue under section 422.13 may designate one dollar or more to be paid to the foundation fund of the Iowa state fair foundation as established in section 173.22. If the refund due on the return or the payment remitted with the return is insufficient to pay the amount designated by the taxpayer to the foundation fund, the amount designated shall be reduced to the remaining amount of the refund or the remaining amount remitted with the return. The designation of a contribution to the foundation fund under this section is irrevocable.
   2.  The director of revenue shall draft the income tax form to allow the designation of contributions to the foundation fund on the tax return. The department, on or before January 31, shall transfer the total amount designated on the tax form due in the preceding year to the foundation fund. However, before a checkoff pursuant to this section shall be permitted, all liabilities on the books of the department of administrative services and accounts identified as owing under section 8A.504 and the political contribution allowed under section 68A.601 shall be satisfied.
   3.  The Iowa state fair board may authorize payment from the foundation fund for purposes of supporting foundation activities.
   4.  The department of revenue shall adopt rules to implement this section.
   5.  This section is subject to repeal under section 422.12E.
   Sec. ___.  NEW SECTION.  422.12L  Joint income tax checkoff for veterans trust fund and volunteer fire fighter preparedness fund.
   1.  A person who files an individual or a joint income tax return with the department of revenue under section 422.13 may designate one dollar or more to be paid jointly to the veterans trust fund created in section 35A.13 and to the volunteer fire fighter preparedness fund created in section 100B.13. If the refund due on the return or the payment remitted with the return is insufficient to pay the additional amount designated by the taxpayer, the amount designated shall be reduced to the remaining amount of refund or the remaining amount remitted with the return. The designation of a contribution under this section is irrevocable.
   2.  The director of revenue shall draft the income tax form to allow the designation of contributions to the veterans trust fund and to the volunteer fire fighter preparedness fund as one checkoff on the tax return. The department of revenue, on or before January 31, shall transfer one-half of the total amount designated on the tax return forms due in the preceding calendar year to the veterans trust fund and the remaining one-half to the volunteer fire fighter preparedness fund. However, before a checkoff pursuant to this section shall be permitted, all liabilities on the books of the department of administrative services and accounts identified as owing under section 8A.504 and the political contribution allowed under section 68A.601 shall be satisfied.
   3.  The department of revenue shall adopt rules to administer this section.
   4.  This section is subject to repeal under section 422.12E.
   Sec. ___.  REPEAL.  Sections 422.12D and 422.12L, Code 2014, are repealed.
   Sec. ___.  RETROACTIVE APPLICABILITY.  This division of this Act applies retroactively to January 1, 2014, for tax years beginning on or after that date.>
   2.  Title page, line 6, before <making> by inserting <by creating income tax checkoffs for the Iowa state fair foundation fund and the veterans trust fund and volunteer fire fighter preparedness fund,>
   3.  Title page, line 7, after <date> by inserting <and retroactive applicability>
   4.  By renumbering as necessary.

______________________________
WINDSCHITL of Harrison