Senate File 45 - Introduced



                                         SENATE FILE       
                                         BY  HANCOCK

                                         (COMPANION TO LSB 1288HH BY
                                          SCHUELLER)


    Passed Senate,  Date               Passed House, 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 1288XS 82
  6 mg/gg/14

PAG LIN



  1  1    Section 1.  Section 422.12, Code 2007, 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 two hundred fifty
  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
  1 31 147A.
  1 32    (2)  "Volunteer fire fighter" means a volunteer fire
  1 33 fighter as defined in section 85.61 who has met the minimum
  1 34 training standards established by the fire service training
  1 35 bureau pursuant to chapter 100B.
  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, 2007, 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 who has met the
  2  8 minimum training standards or certified volunteer emergency
  2  9 services personnel for the entire tax year.  The credit is to
  2 10 compensate the individual for the volunteer services.  The
  2 11 amount of the credit equals $250.  If the individual was not a
  2 12 volunteer for the entire tax year, the amount of credit is
  2 13 prorated based upon the months of volunteer service.  A credit
  2 14 may be claimed for only one volunteer position per month.
  2 15    The bill takes effect upon enactment and applies
  2 16 retroactively to January 1, 2007, for tax years beginning on
  2 17 or after that date.
  2 18 LSB 1288XS 82
  2 19 mg:rj/gg/14.1