House File 2565 H-8267 Amend the amendment, H-8257, to House File 2565, as follows: 1 1. Page 1, by striking lines 2 through 8 and inserting: 2 < 1. Page 18, after line 33 by inserting: 3 < DIVISION ___ 4 EMPLOYEE BONUS —— TAX TREATMENT 5 Sec. ___. Section 422.7, Code 2022, is amended by adding the 6 following new subsection: 7 NEW SUBSECTION . 63. a. Subtract, to the extent included, 8 the amount of a bonus received by a teacher above wages that 9 is funded at least in part from moneys received by the state 10 from the elementary and secondary school emergency relief fund 11 pursuant to the federal American Rescue Plan Act of 2021, Pub. 12 L. No. 117-2. 13 b. Subtract, to the extent included, the amount of a 14 bonus received by a school employee above wages, other than a 15 teacher, that is funded by the school district. 16 c. Subtract, to the extent included, the amount of a 17 pandemic-related recruitment or retention bonus received by a 18 child care worker above wages that is funded at least in part 19 from the Iowa worker premium pay program. 20 d. Subtract, to the extent included, the amount of a bonus 21 received by a peace officer or a correctional officer above 22 wages that is funded at least in part from the Iowa worker 23 premium pay program. 24 e. As used in this subsection, “teacher” means the same as 25 defined in section 272.1. 26 Sec. ___. RETROACTIVE APPLICABILITY. This division of this 27 Act applies retroactively to January 1, 2022, for tax years 28 beginning on or after that date. >> 29 2. By renumbering, redesignating, and correcting internal 30 references as necessary. 31 ______________________________ ISENHART of Dubuque -1- H 8257.4064 (1) 89 es/tm 1/ 1 #1. #2.