House File 2449 - Introduced



                                       HOUSE FILE       
                                       BY  PAULSEN


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

                                      A BILL FOR

  1 An Act relating to individual income tax return checkoffs and
  2    providing effective and applicability dates.
  3 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
  4 TLSB 6366HH 81
  5 bp/je/5

PAG LIN



  1  1    Section 1.  Section 422.12E, Code 2005, is amended to read
  1  2 as follows:
  1  3    422.12E  INCOME TAX RETURN CHECKOFFS LIMITED.
  1  4    For tax years beginning on or after January 1, 2004 2007,
  1  5 there shall be allowed no more than four income tax return
  1  6 checkoffs on each mass=produced printed income tax return.
  1  7 When the same four income tax return checkoffs have been
  1  8 provided on the income tax return for two consecutive years,
  1  9 the two checkoffs for which the least amount has been
  1 10 contributed, in the aggregate for the first tax year and
  1 11 through March 15 of the second tax year, are repealed.  This
  1 12 section does not apply to the income tax return checkoff
  1 13 provided in section 68A.601.
  1 14    If more checkoffs are enacted in the same session of the
  1 15 general assembly than there is space for inclusion on the
  1 16 individual tax return form, the earliest enacted checkoffs for
  1 17 which there is space for inclusion on the return form shall be
  1 18 included on the return form, and all other checkoffs enacted
  1 19 during that session of the general assembly are repealed.
  1 20    For tax years beginning on or after January 1, 2007, a
  1 21 person may submit a request to the department for an income
  1 22 tax refund checkoff to be allowed on individual income tax
  1 23 returns filed electronically, in addition to any income tax
  1 24 refund checkoffs required by statute to be placed on the
  1 25 return form.  To be allowed on an electronic income tax return
  1 26 form, the request shall be accompanied by a petition
  1 27 containing the signatures of at least two thousand individual
  1 28 income taxpayers.  The request shall indicate the designated
  1 29 recipient of the checkoff funds, which shall be a nonprofit
  1 30 organization incorporated in this state.  The request shall
  1 31 include any other information the department may require by
  1 32 rule.
  1 33    The four checkoffs for which the highest amount has been
  1 34 contributed on returns filed electronically through May 15
  1 35 shall be the checkoffs listed on all returns filed by whatever
  2  1 means for the following tax year.
  2  2    Sec. 2.  EFFECTIVE AND APPLICABILITY DATES.  This Act takes
  2  3 effect January 1, 2007, and applies to tax years beginning on
  2  4 or after that date.
  2  5                           EXPLANATION
  2  6    This bill allows an unlimited number of checkoffs to be
  2  7 available to those taxpayers filing an individual income tax
  2  8 return electronically for tax years beginning on or after
  2  9 January 1, 2007.  A checkoff shall be included on an
  2 10 electronically filed return if the request for the checkoff is
  2 11 accompanied by a petition containing the signatures of at
  2 12 least 2,000 individual income taxpayers.
  2 13    The bill also modifies the method of determining which
  2 14 checkoffs will appear on mass=produced printed tax return
  2 15 forms.  The four checkoffs for which the highest amount has
  2 16 been contributed on returns filed electronically through May
  2 17 15 shall be the checkoffs listed on all returns filed by
  2 18 whatever means for the following tax year.
  2 19    The bill takes effect January 1, 2007, for tax years
  2 20 beginning on or after that date.
  2 21 LSB 6366HH 81
  2 22 bp:rj/je/5