House File 231 - Introduced



                                       HOUSE FILE       
                                       BY  MASCHER


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

                                      A BILL FOR

  1 An Act relating to an individual income tax for emergency medical
  2    care providers and volunteer fire fighters and including
  3    effective and retroactive applicability date provisions.
  4 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
  5 TLSB 2289HH 81
  6 mg/sh/8

PAG LIN



  1  1    Section 1.  Section 422.12, Code 2005, is amended by adding
  1  2 the following new subsection:
  1  3    NEW SUBSECTION.  2A.  a.  A volunteer emergency medical
  1  4 services personnel credit equal to five hundred dollars.
  1  5 However, if the individual is not a volunteer emergency
  1  6 medical services personnel for the entire tax year, the credit
  1  7 shall be prorated and the amount of credit shall equal five
  1  8 hundred dollars, divided by twelve, multiplied by the number
  1  9 of months in the tax year the individual was a volunteer.  The
  1 10 credit shall be rounded to the nearest five dollars.  If the
  1 11 individual is a volunteer during any part of a month, the
  1 12 individual shall be considered a volunteer for the entire
  1 13 month.
  1 14    b.  A volunteer fire fighter credit equal to five hundred
  1 15 dollars.  However, if the individual is not a volunteer fire
  1 16 fighter for the entire tax year, the credit shall be prorated
  1 17 and the amount of credit shall equal five hundred dollars,
  1 18 divided by twelve, multiplied by the number of months in the
  1 19 tax year the individual was a volunteer.  The credit shall be
  1 20 rounded to the nearest five dollars.  If the individual is a
  1 21 volunteer during any part of a month, the individual shall be
  1 22 considered a volunteer for the entire month.
  1 23    c.  If the individual is a volunteer fire fighter and a
  1 24 volunteer emergency medical services personnel during the same
  1 25 month, a credit may be claimed for only one volunteer position
  1 26 for that month.
  1 27    d.  The individual is required to have a written statement
  1 28 from the fire chief or other appropriate supervisor verifying
  1 29 that the individual was a volunteer fire fighter who has met
  1 30 the education requirements or was a volunteer emergency
  1 31 medical services personnel for the months for which the credit
  1 32 under paragraph "a" or "b" is claimed.
  1 33    Sec. 2.  EFFECTIVE DATE AND RETROACTIVE APPLICABILITY.
  1 34 This Act, being deemed of immediate importance, takes effect
  1 35 upon enactment and applies retroactively to January 1, 2005,
  2  1 for tax years beginning on or after that date.
  2  2                           EXPLANATION
  2  3    This bill provides an individual income tax credit of $500
  2  4 for an individual who was a volunteer fire fighter or a
  2  5 volunteer emergency medical services personnel for the entire
  2  6 tax year.  If the individual was not a volunteer for the
  2  7 entire tax year, the amount of credit is prorated based upon
  2  8 the months of volunteer service.  Only one volunteer position
  2  9 per month may be claimed.
  2 10    The bill takes effect upon enactment and applies
  2 11 retroactively to January 1, 2005, for tax years beginning on
  2 12 or after that date.
  2 13 LSB 2289HH 81
  2 14 mg:rj/sh/8