House File 2783 - Introduced



                                     HOUSE FILE       
                                     BY  COMMITTEE ON WAYS AND MEANS

                                     (SUCCESSOR TO HF 236)


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

                                      A BILL FOR

  1 An Act providing volunteer fire fighters and emergency medical
  2    services personnel with an individual income tax credit and
  3    providing effective and retroactive applicability dates.
  4 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
  5 TLSB 6659HV 81
  6 mg/gg/14

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 fire fighter and
  1  4 volunteer emergency medical services personnel credit equal to
  1  5 the amount specified in paragraph "b" to compensate the
  1  6 taxpayer for the voluntary services.
  1  7    b.  The amount of the credit is equal to five hundred
  1  8 dollars.
  1  9    However, if the taxpayer is not a volunteer fire fighter or
  1 10 volunteer emergency medical services personnel for the entire
  1 11 tax year, the amount of the dollar credit shall be prorated
  1 12 and the amount of credit shall equal the maximum amount of
  1 13 credit for the tax year, divided by twelve, multiplied by the
  1 14 number of months in the tax year the taxpayer was a volunteer.
  1 15 The credit shall be rounded to the nearest five dollars.  If
  1 16 the taxpayer is a volunteer during any part of a month, the
  1 17 taxpayer shall be considered a volunteer for the entire month.
  1 18 If the taxpayer is a volunteer fire fighter and a volunteer
  1 19 emergency medical services personnel during the same month, a
  1 20 credit may be claimed for only one volunteer position for that
  1 21 month.
  1 22    c.  The taxpayer is required to have a written statement
  1 23 from the fire chief or other appropriate supervisor verifying
  1 24 that the taxpayer was a volunteer fire fighter or volunteer
  1 25 emergency medical services personnel for the months for which
  1 26 the credit under this subsection is claimed.
  1 27    d.  For purposes of this subsection:
  1 28    (1)  "Emergency medical services personnel" means an
  1 29 emergency medical care provider, as defined in section 147A.1,
  1 30 who is certified as a first responder pursuant to chapter 147A
  1 31 and who has served for at least one year.
  1 32    (2)  "Volunteer fire fighter" means a volunteer fire
  1 33 fighter as defined in section 85.61, who is certified as a
  1 34 first responder pursuant to chapter 147A and who has served
  1 35 for at least one year.
  2  1    Sec. 2.  EFFECTIVE AND APPLICABILITY DATES.  This Act,
  2  2 being deemed of immediate importance, takes effect upon
  2  3 enactment and applies retroactively to January 1, 2006, for
  2  4 tax years beginning on or after that date.
  2  5                           EXPLANATION
  2  6    This bill provides an individual income tax credit for an
  2  7 individual who was a volunteer fire fighter or volunteer
  2  8 emergency services personnel for the entire tax year.  The
  2  9 credit is to compensate the individual for the volunteer
  2 10 services.  The amount of the credit equals $500.  The
  2 11 individual must have served for at least one year.  If the
  2 12 individual was not a volunteer for the entire tax year, the
  2 13 amount of credit is prorated based upon the months of
  2 14 volunteer service.  A credit may be claimed for only one
  2 15 volunteer position per month.
  2 16    The bill takes effect upon enactment and applies
  2 17 retroactively to January 1, 2006, for tax years beginning on
  2 18 or after that date.
  2 19 LSB 6659HV 81
  2 20 mg:rj/gg/14