H-8024

   Amend House File 2317 as follows:
   1.  Page 19, after line 30 by inserting: 
<DIVISION ___
TEACHER EXPENSES —— DEDUCTION

   Sec. ___.  Section 422.7, subsection 55, Code 2022, is amended to read as follows:
   55.  A taxpayer who is an eligible educator as defined in section 62(d)(1) of the Internal Revenue Code is allowed to take the deduction for certain expenses of elementary and secondary school teachers allowed under section 62(a)(2)(D) of the Internal Revenue Code in computing net income for state tax purposes in excess of the amount of the taxpayer’s deduction for certain expenses of elementary and secondary school teachers for federal tax purposes allowed under section 62(a)(2)(D) of the Internal Revenue Code, but not to exceed five hundred dollars.
   Sec. ___.  APPLICABILITY.  This division of this Act applies to tax years beginning on or after January 1, 2023, for a taxpayer who completes training on or after that date.>
   2.  By renumbering as necessary.

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STAED of Linn