House File 285

                                       HOUSE FILE       
                                       BY  HEATON


    Passed House,  Date               Passed Senate, Date             
    Vote:  Ayes        Nays           Vote:  Ayes        Nays         
                 Approved                            

                                      A BILL FOR

  1 An Act establishing an income tax deduction for certain volunteer
  2    emergency medical services providers and volunteer fire
  3    fighters and providing a retroactive applicability date.
  4 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
  5 TLSB 2720YH 80
  6 sc/pj/5

PAG LIN

  1  1    Section 1.  Section 422.7, Code 2003, is amended by adding
  1  2 the following new subsection:
  1  3    NEW SUBSECTION.  39.  a.  For an individual who volunteers
  1  4 either as an emergency medical services provider or as a fire
  1  5 fighter, or as both, for at least six months of the tax year,
  1  6 subtract two thousand five hundred dollars.
  1  7    b.  To claim the deduction, the individual is required to
  1  8 have in the individual's possession a written statement from
  1  9 the fire chief or other appropriate supervisor verifying that
  1 10 the individual was a volunteer fire fighter or volunteer
  1 11 emergency medical services provider for at least six months of
  1 12 the tax year for which the deduction under paragraph "a" is
  1 13 claimed.
  1 14    Sec. 2.  RETROACTIVE APPLICABILITY.  This Act applies
  1 15 retroactively to January 1, 2003, for tax years beginning on
  1 16 or after that date.
  1 17                           EXPLANATION
  1 18    This bill establishes a deduction when computing net income
  1 19 for state income tax purposes in the amount of $2,500 for an
  1 20 individual who volunteers as an emergency medical services
  1 21 provider or a fire fighter, or both, for at least six months
  1 22 of the tax year.
  1 23    The bill applies retroactively to tax years beginning on or
  1 24 after January 1, 2003.
  1 25 LSB 2720YH 80
  1 26 sc/pj/5
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