Senate Study Bill 1177 - Introduced SENATE FILE _____ BY (PROPOSED COMMITTEE ON STATE GOVERNMENT BILL BY CHAIRPERSON DANIELSON) A BILL FOR An Act concerning payroll deductions for certain eligible 1 qualified tuition program contributions. 2 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 3 TLSB 2268XC (3) 86 ec/sc
S.F. _____ Section 1. Section 70A.17B, subsection 1, Code 2015, is 1 amended to read as follows: 2 1. The state officer in charge of any of the state 3 payroll systems shall deduct from the wages or salaries of a 4 state officer or employee an amount specified by the officer 5 or employee for payment to an eligible qualified tuition 6 program in a method consistent with current discretionary 7 payroll deductions and on forms prescribed by the payroll 8 administrator. The request for the payroll deduction shall be 9 made by the state officer or employee in writing to the officer 10 in charge of the program. For purposes of this section , an 11 “eligible qualified tuition program” is a program that meets the 12 requirements of a qualified tuition program under section 529 13 of the Internal Revenue Code and is either the Iowa educational 14 savings plan trust as defined in section 12D.1, or a program in 15 which at least five hundred state officers or employees request 16 a payroll deduction and the request for the payroll deduction 17 is made by the state officer or employee in writing to the 18 officer in charge of the program . 19 EXPLANATION 20 The inclusion of this explanation does not constitute agreement with 21 the explanation’s substance by the members of the general assembly. 22 Code section 70A.17B, providing for a payroll deduction for 23 eligible qualified tuition program contributions, is amended to 24 provide that the requirement that at least 500 state officers 25 or employees request a payroll deduction does not apply to the 26 Iowa educational savings plan trust as defined in Code section 27 12D.1. 28 -1- LSB 2268XC (3) 86 ec/sc 1/ 1