H-1013

   Amend House File 351 as follows:
   1.  Page 2, after line 26 by inserting: 
   <Sec. ___.  Section 422.12B, subsection 1, paragraph a, Code 2015, is amended to read as follows:
   a.  The taxes imposed under this division less the credits allowed under section 422.12 shall be reduced by an earned income credit equal to the following percentage of the federal earned income credit provided in section 32 of the Internal Revenue Code:
   (1)  For the tax year beginning in the 2013 calendar year, fourteen percent.
   (2)  For the tax years year beginning on or after January 1, 2014 in the 2014 calendar year, fifteen percent.
   (3)  For tax years beginning on or after January 1, 2015, eighteen percent.>
   2.  Page 10, after line 17 by inserting: 
   <Sec. ___.  RETROACTIVE APPLICABILITY.  The section of this Act amending section 422.12B applies retroactively to January 1, 2015, for tax years beginning on or after that date.>
   3.  Title page, line 1, after <to> by inserting <state taxes by providing for>
   4.  Title page, by striking lines 8 and 9 and inserting <repeal date of the access Iowa highway plan, modifying the earned income credit, and including effective date and retroactive applicability provisions.>
   5.  By renumbering as necessary.

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GASKILL of Wapello

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ANDERSON of Polk

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BEARINGER of Fayette

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BENNETT of Linn

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BROWN-POWERS of Black Hawk

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COHOON of Des Moines

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DAWSON of Woodbury

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FINKENAUER of Dubuque

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GAINES of Polk

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HALL of Woodbury

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HANSON of Jefferson

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HUNTER of Polk

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ISENHART of Dubuque

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JACOBY of Johnson

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KEARNS of Lee

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KELLEY of Jasper

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LENSING of Johnson

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MASCHER of Johnson

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McCONKEY of Pottawattamie

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MEYER of Polk

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 H. MILLER of Webster

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 OLDSON of Polk

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 PRICHARD of Floyd

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 RUFF of Clayton

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 SMITH of Marshall

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 STAED of Linn

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 STECKMAN of Cerro Gordo

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 T. TAYLOR of Linn

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 THEDE of Scott

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 WINCKLER of Scott

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 WOLFE of Clinton