House File 780 - Introduced



                                       HOUSE FILE       
                                       BY  MASCHER


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

                                      A BILL FOR

  1 An Act providing an Iowa individual income tax checkoff for the
  2    arts, making an appropriation, and providing for the Act's
  3    implementation.
  4 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
  5 TLSB 2292HH 81
  6 sc/pj/5

PAG LIN



  1  1    Section 1.  NEW SECTION.  422.12G  INCOME TAX CHECKOFF FOR
  1  2 THE ARTS.
  1  3    1.  A person who files an individual or a joint income tax
  1  4 return with the department of revenue under section 422.13 may
  1  5 designate one dollar or more to be paid to the Iowa arts
  1  6 checkoff fund as created in the arts division of the
  1  7 department of cultural affairs.  If the refund due on the
  1  8 return or the payment remitted with the return is insufficient
  1  9 to pay the amount designated by the taxpayer to the Iowa arts
  1 10 checkoff fund, the amount designated shall be reduced to the
  1 11 remaining amount of the refund or the remaining amount
  1 12 remitted with the return.  The designation of a contribution
  1 13 to the Iowa arts checkoff fund is irrevocable.
  1 14    2.  The director of revenue shall draft the income tax form
  1 15 to allow for the designation of contributions to the Iowa arts
  1 16 checkoff fund on the tax return.  The department of revenue,
  1 17 on or before January 31, shall transfer the total amount
  1 18 designated on the tax form due in the preceding year to the
  1 19 Iowa arts checkoff fund.  However, before a checkoff pursuant
  1 20 to this section shall be permitted, all liabilities on the
  1 21 books of the department of revenue and accounts identified as
  1 22 owing under section 421.17 and the political contribution
  1 23 allowed under section 68A.601 shall be satisfied.
  1 24    3.  The department of cultural affairs shall create the
  1 25 Iowa arts checkoff fund in the arts division of the
  1 26 department.  Moneys in the fund are appropriated to the arts
  1 27 division of the department for purposes of supporting arts
  1 28 division activities and programming.
  1 29    4.  The department shall adopt rules to administer this
  1 30 section.
  1 31    5.  This section is subject to repeal under section
  1 32 422.12E.
  1 33    Sec. 2.  IMPLEMENTATION.  The checkoff created in this Act
  1 34 shall be eligible for placement on the individual income tax
  1 35 return form beginning for the tax year starting January 1,
  2  1 2006.
  2  2                           EXPLANATION
  2  3    This bill provides that taxpayers filing individual income
  2  4 tax returns will be allowed to designate $1 or more on the
  2  5 return to be paid to the Iowa arts checkoff fund.  The bill
  2  6 requires the department of revenue to annually remit moneys
  2  7 collected from the checkoff to a fund created in the arts
  2  8 division of the department of cultural affairs, which moneys
  2  9 are appropriated for arts division activities and programming.
  2 10    Currently, Code section 422.12E limits to four the number
  2 11 of checkoffs that may be placed on an individual income tax
  2 12 return form.  The Code section further provides that after
  2 13 being on the return form for two consecutive years, the two
  2 14 checkoffs, for which the lowest amounts have been contributed,
  2 15 are repealed.
  2 16    The bill provides that the checkoff is eligible for
  2 17 placement on the individual income tax return form beginning
  2 18 for the tax year starting January 1, 2006.
  2 19 LSB 2292HH 81
  2 20 sc:rj/pj/5