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