House File 230 - Introduced HOUSE FILE BY RAECKER Passed House, Date Passed Senate, Date Vote: Ayes Nays Vote: Ayes Nays Approved A BILL FOR 1 An Act exempting from state income tax active duty pay received 2 by members of the armed forces and providing a retroactive 3 applicability date provision. 4 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 5 TLSB 1635HH 81 6 mg/cf/24 PAG LIN 1 1 Section 1. Section 422.7, Code 2005, is amended by adding 1 2 the following new subsection: 1 3 NEW SUBSECTION. 44. Subtract, to the extent included, 1 4 active duty pay received by a person as a member on active 1 5 duty of the armed forces or as a member in the armed forces 1 6 military reserve or national guard serving on active duty 1 7 other than for training. 1 8 Sec. 2. RETROACTIVE APPLICABILITY DATE. This Act applies 1 9 retroactively to January 1, 2005, 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 active duty other than for training. 1 15 The bill applies retroactively to January 1, 2005, for tax 1 16 years beginning on or after that date. 1 17 LSB 1635HH 81 1 18 mg:rj/cf/24