Senate Study Bill 1183

                                       SENATE FILE       
                                       BY  (PROPOSED COMMITTEE ON WAYS
                                            AND MEANS BILL BY CHAIRPERSON
                                            McKIBBEN)


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

                                      A BILL FOR

  1 An Act exempting from state individual income tax the active duty
  2    pay of a member of the Iowa national guard or armed forces
  3    reserve units for service performed during Operation Iraqi
  4    Freedom and including effective and applicability date
  5    provisions.
  6 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
  7 TLSB 3366SC 80
  8 mg/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.  Subtract, to the extent included,
  1  4 active duty pay received by a person in the national guard or
  1  5 armed forces military reserve for service performed on or
  1  6 after January 1, 2003, pursuant to military orders related to
  1  7 Operation Iraqi Freedom.
  1  8    Sec. 2.  EFFECTIVE AND APPLICABILITY DATES.  This Act,
  1  9 being deemed of immediate importance, takes effect upon
  1 10 enactment and applies retroactively to January 1, 2003, for
  1 11 tax years beginning on or after that date.
  1 12                           EXPLANATION
  1 13    This bill exempts active duty pay received by a member of
  1 14 the Iowa national guard or United States armed forces military
  1 15 reserve for service performed pursuant to military orders
  1 16 related to Operation Iraqi Freedom.
  1 17    The bill takes effect upon enactment and applies
  1 18 retroactively to January 1, 2003, for tax years beginning on
  1 19 or after that date.
  1 20 LSB 3366SC 80
  1 21 mg/pj/5
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