House File 319 - Introduced



                                     HOUSE FILE       
                                     BY  WINDSCHITL, SANDS, TYMESON,
                                         WATTS, HUSEMAN, SCHULTZ,
                                         LUKAN, HAGENOW, KAUFMANN,
                                         DE BOEF, RAECKER, SODERBERG,
                                         and MAY


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

                                      A BILL FOR

  1 An Act providing an exemption from the computation of the
  2    individual state income tax all pay received for active duty
  3    military service and including a retroactive applicability
  4    date provision.
  5 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
  6 TLSB 1935YH 83
  7 tw/mg:sc/8

PAG LIN



  1  1    Section 1.  Section 422.7, Code 2009, is amended by adding
  1  2 the following new subsection:
  1  3    NEW SUBSECTION.  42A.  Subtract, to the extent included,
  1  4 all pay received by the taxpayer from the federal government
  1  5 for military service performed while on active duty status in
  1  6 the armed forces, the armed forces military reserve, or the
  1  7 national guard.
  1  8    Sec. 2.  RETROACTIVE APPLICABILITY.  This Act applies
  1  9 retroactively to January 1, 2009, for tax years beginning on
  1 10 or after that date.
  1 11                           EXPLANATION
  1 12    This bill exempts from the individual income tax all pay
  1 13 received by a taxpayer from the federal government for
  1 14 military service performed while on active duty status in the
  1 15 armed forces, the armed forces military reserve, or the
  1 16 national guard.
  1 17    The bill applies retroactively to January 1, 2009, for tax
  1 18 years beginning on or after that date.
  1 19 LSB 1935YH 83
  1 20 tw/mg:sc/8