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 1,20042007, 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 7When 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been 1 10 contributed, in the aggregate for the first tax year and 1 11 through March 15 of the second tax year, are repealed.This 1 12 section does not apply to the income tax return checkoff 1 13 provided in section 68A.601. 1 14If more checkoffs are enacted in the same session of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1 18 included on the return form, and all other checkoffs enacted 1 19 during that session of the general assembly are repealed.1 20 For tax years beginning on or after January 1, 2007, a 1 21 person may submit a request to the department for an income 1 22 tax refund checkoff to be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