House
File
2317
H-8024
Amend
House
File
2317
as
follows:
1
1.
Page
19,
after
line
30
by
inserting:
2
<
DIVISION
___
3
TEACHER
EXPENSES
——
DEDUCTION
4
Sec.
___.
Section
422.7,
subsection
55,
Code
2022,
is
5
amended
to
read
as
follows:
6
55.
A
taxpayer
who
is
an
eligible
educator
as
defined
in
7
section
62(d)(1)
of
the
Internal
Revenue
Code
is
allowed
to
8
take
the
deduction
for
certain
expenses
of
elementary
and
9
secondary
school
teachers
allowed
under
section
62(a)(2)(D)
10
of
the
Internal
Revenue
Code
in
computing
net
income
for
11
state
tax
purposes
in
excess
of
the
amount
of
the
taxpayer’s
12
deduction
for
certain
expenses
of
elementary
and
secondary
13
school
teachers
for
federal
tax
purposes
allowed
under
section
14
62(a)(2)(D)
of
the
Internal
Revenue
Code
,
but
not
to
exceed
15
five
hundred
dollars
.
16
Sec.
___.
APPLICABILITY.
This
division
of
this
Act
applies
17
to
tax
years
beginning
on
or
after
January
1,
2023,
for
a
18
taxpayer
who
completes
training
on
or
after
that
date.
>
19
2.
By
renumbering
as
necessary.
20
______________________________
STAED
of
Linn
-1-
HF
2317.3120
(2)
89
jm/jh
1/
1
#1.
#2.