House
File
2317
H-8019
Amend
House
File
2317
as
follows:
1
1.
Page
19,
after
line
30
by
inserting:
2
<
DIVISION
___
3
EARNED
INCOME
TAX
CREDIT
4
Sec.
___.
Section
422.12B,
subsection
1,
paragraph
a,
Code
5
2022,
is
amended
to
read
as
follows:
6
a.
The
taxes
imposed
under
this
subchapter
less
the
credits
7
allowed
under
section
422.12
shall
be
reduced
by
an
earned
8
income
credit
equal
to
the
following
percentage
of
the
federal
9
earned
income
credit
provided
in
section
32
of
the
Internal
10
Revenue
Code:
11
(1)
For
the
tax
year
beginning
in
the
2013
calendar
year,
12
fourteen
percent.
13
(2)
For
tax
years
beginning
on
or
after
January
1,
2014,
but
14
before
January
1,
2023,
fifteen
percent.
15
(3)
For
tax
years
beginning
on
or
after
January
1,
2023,
16
thirty
percent.
>
17
2.
By
renumbering
as
necessary.
18
______________________________
McCONKEY
of
Pottawattamie
-1-
HF
2317.3190
(1)
89
jm/jh
1/
1
#1.
#2.