House File 2412 - Introduced



                                       HOUSE FILE       
                                       BY  ANDERSON


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

                                      A BILL FOR

  1 An Act relating to the definition of resident for purposes of the
  2    state individual income tax and including a retroactive
  3    applicability date provision.
  4 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
  5 TLSB 6127HH 81
  6 mg/je/5

PAG LIN



  1  1    Section 1.  Section 422.4, subsection 15, Code 2005, is
  1  2 amended to read as follows:
  1  3    15.  The word "resident" applies only to individuals and
  1  4 includes, for the purpose of determining liability to the tax
  1  5 imposed by this division upon or with reference to the income
  1  6 of any tax year, any individual domiciled in the state, and
  1  7 any other individual who maintains a permanent place of abode
  1  8 within the state.  "Resident" does not include an individual
  1  9 who has established residency in another state and is
  1 10 domiciled in this state only for the period during which the
  1 11 individual is providing charitable services.
  1 12    Sec. 2.  RETROACTIVE APPLICABILITY DATE.  This Act applies
  1 13 retroactively to January 1, 2006, for tax years beginning on
  1 14 or after that date.
  1 15                           EXPLANATION
  1 16    This bill provides that an individual who is a resident of
  1 17 another state may be domiciled in Iowa solely for providing
  1 18 charitable services without affecting the individual's
  1 19 nonresident status for purposes of the state individual income
  1 20 tax.
  1 21    The bill applies retroactively to January 1, 2006, for tax
  1 22 years beginning on or after that date.
  1 23 LSB 6127HH 81
  1 24 mg:nh/je/5