Amend Senate File 423 as follows:
   1.  Page 42, after line 10 by inserting:
   <Sec. ___.  Section 422.11S, subsection 7, paragraph a, subparagraph (2), Code 2013, is amended to read as follows:
   (2)  “Total approved tax credits” means for the tax year beginning in the 2006 calendar year, two million five hundred thousand dollars, for the tax year beginning in the 2007 calendar year, five million dollars, and for
 
the tax years
 
year beginning on or after January 1, 2008,
 
but before January 1, 2012, seven million five hundred thousand dollars. However, for
 
the tax years
 
year beginning on or after January 1, 2012, “total approved tax credits” means eight million seven hundred fifty thousand dollars, and for tax years beginning on or after January 1, 2013, twenty million dollars.
   Sec. ___.  Section 422.11S, Code 2013, is amended by adding the following new subsection:
   NEW SUBSECTION.  9.  An individual may claim the tax credit allowed under subsection 7 to a limited liability company or S corporation electing to have the income taxed directly to the individual. The amount claimed by the individual shall be based upon the pro rata share of the individual’s earnings of the limited liability company or S corporation.>
   2.  Page 42, after line 11 by inserting: 
   <Sec. ___.  2013 Iowa Acts, House File 604, section 6, subsection 12, if enacted, is amended to read as follows:
   12.  TEXTBOOKS OF NONPUBLIC SCHOOL PUPILS
   To provide moneys for costs of providing textbooks to each resident pupil who attends a nonpublic school as authorized by section 301.1:
.................................................. $ 560,214
 
800,000
   Funding under this subsection is limited to $20 per pupil and shall not exceed the comparable services offered to resident public school pupils.>
   3.  Page 44, after line 35 by inserting: 
   <Sec. ___.  PAYMENT OF NONPUBLIC SCHOOL TRANSPORTATION COSTS —— AMOUNT APPROPRIATED FOR FY 2013-2014.  For the fiscal year beginning July 1, 2013, and ending June 30, 2014, moneys appropriated for payment of nonpublic school transportation costs under section 285.2 shall not be reduced to an amount less than ten million dollars.>
   4.  Page 45, after line 12 by inserting: 
   <___.  The section of this Act relating to the amount appropriated for payment of nonpublic school transportation costs for FY 2013-2014.

   ___.  The section of this Act amending 2013 Iowa Acts, House File 604, section 6, subsection 12, if enacted.
   <Sec. ___.  APPLICABILITY.  The following provision or provisions of this division of this Act apply retroactively to January 1, 2013, for tax years beginning on or after that date:
   1.  The sections of this Act amending section 422.11S.>
   5.  Title page, line 6, after <fee;> by inserting <affecting appropriations and tax credits for educational purposes;>
   6.  Title page, line 6, before <applicability> by inserting <retroactive and other>
   7.  By renumbering as necessary.

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RANDY FEENSTRA

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MARK CHELGREN

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DAN ZUMBACH

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DENNIS GUTH

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BILL ANDERSON

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KENT SORENSON

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RICK BERTRAND

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BILL DIX

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NANCY J. BOETTGER

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MICHAEL BREITBACH

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TIM KAPUCIAN

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JERRY BEHN

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JONI ERNST

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MARK SEGEBART

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ROBY SMITH

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SANDRA H. GREINER

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JAKE CHAPMAN

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JACK WHITVER

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KEN ROZENBOOM

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AMY SINCLAIR