House File 2565 H-8266 Amend the amendment, H-8257, to House File 2565, as follows: 1 1. Page 1, by striking lines 1 through 8 and inserting: 2 < Amend House File 2565 as follows: 3 1. By striking everything after the enacting clause and 4 inserting: 5 < DIVISION I 6 EMPLOYEE BONUS —— TAX TREATMENT 7 Section 1. Section 422.7, Code 2022, is amended by adding 8 the following new subsection: 9 NEW SUBSECTION . 63. a. Subtract, to the extent included, 10 the amount of a bonus received by a teacher above wages that 11 is funded at least in part from moneys received by the state 12 from the elementary and secondary school emergency relief fund 13 pursuant to the federal American Rescue Plan Act of 2021, Pub. 14 L. No. 117-2. 15 b. Subtract, to the extent included, the amount of a 16 bonus received by a school employee above wages, other than a 17 teacher, that is funded by the school district. 18 c. Subtract, to the extent included, the amount of a 19 pandemic-related recruitment or retention bonus received by a 20 child care worker above wages that is funded at least in part 21 from the Iowa worker premium pay program. 22 d. Subtract, to the extent included, the amount of a bonus 23 received by a peace officer or a correctional officer above 24 wages that is funded at least in part from the Iowa worker 25 premium pay program. 26 e. As used in this subsection, “teacher” means the same as 27 defined in section 272.1. 28 Sec. 2. RETROACTIVE APPLICABILITY. This division of this 29 Act applies retroactively to January 1, 2022, for tax years 30 beginning on or after that date. > 31 2. Title page, by striking lines 1 through 4 and inserting 32 < An Act relating to state taxation by modifying the state 33 sales and use tax and the individual income tax, and including 34 retroactive applicability provisions. >> 35 -1- H 8257.4057 (2) 89 es/tm 1/ 2 #1.