House File 2088 - Introduced



                                       HOUSE FILE       
                                       BY  KURTENBACH, PAULSEN, DIX,
                                           J.K. VAN FOSSEN, and
                                           KAUFMANN


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

                                      A BILL FOR

  1 An Act exempting active duty pay of members of the armed forces,
  2    armed forces military reserve, and national guard and
  3    including a retroactive applicability date provision.
  4 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
  5 TLSB 5074YH 81
  6 mg/cf/24

PAG LIN



  1  1    Section 1.  Section 422.7, Code Supplement 2005, is amended
  1  2 by adding the following new subsection:
  1  3    NEW SUBSECTION.  45.  Subtract, to the extent included,
  1  4 active duty pay received by a person as a member on federal
  1  5 active duty of the armed forces or as a member in the armed
  1  6 forces military reserve or national guard serving on federal
  1  7 active duty other than for training.
  1  8    Sec. 2.  RETROACTIVE APPLICABILITY DATE.  This Act applies
  1  9 retroactively to January 1, 2006, for tax years beginning on
  1 10 or after that date.
  1 11                           EXPLANATION
  1 12    This bill exempts active duty pay for members of the armed
  1 13 forces, armed forces military reserve, and national guard who
  1 14 serve on federal active duty other than for training.
  1 15    The bill applies retroactively to January 1, 2006, for tax
  1 16 years beginning on or after that date.
  1 17 LSB 5074YH 81
  1 18 mg:rj/cf/24