Bill Text: IA HF47 | 2023-2024 | 90th General Assembly | Introduced
Bill Title: A bill for an act exempting from the individual income tax the amount of wages received by a taxpayer for providing certain child care services, and including effective date and retroactive applicability provisions.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced) 2023-01-31 - Fiscal note. [HF47 Detail]
Download: Iowa-2023-HF47-Introduced.html
House
File
47
-
Introduced
HOUSE
FILE
47
BY
JONES
A
BILL
FOR
An
Act
exempting
from
the
individual
income
tax
the
amount
of
1
wages
received
by
a
taxpayer
for
providing
certain
child
2
care
services,
and
including
effective
date
and
retroactive
3
applicability
provisions.
4
BE
IT
ENACTED
BY
THE
GENERAL
ASSEMBLY
OF
THE
STATE
OF
IOWA:
5
TLSB
1270YH
(1)
90
jm/jh
H.F.
47
Section
1.
Section
422.7,
Code
2023,
is
amended
by
adding
1
the
following
new
subsection:
2
NEW
SUBSECTION
.
44.
a.
Subtract,
to
the
extent
included,
3
the
amount
of
wages
received
by
a
taxpayer
for
child
care
4
services.
5
b.
As
used
in
this
subsection:
6
(1)
“Child
care
facility”
means
the
same
as
defined
in
7
section
237A.1.
8
(2)
“Child
care
home”
means
the
same
as
defined
in
section
9
237A.1.
10
(3)
“Child
care
services”
means
services
provided
at
a
child
11
care
home
or
a
child
care
facility.
12
Sec.
2.
EFFECTIVE
DATE.
This
Act,
being
deemed
of
immediate
13
importance,
takes
effect
upon
enactment.
14
Sec.
3.
RETROACTIVE
APPLICABILITY.
This
Act
applies
15
retroactively
to
January
1,
2023,
for
tax
years
beginning
on
16
or
after
that
date.
17
EXPLANATION
18
The
inclusion
of
this
explanation
does
not
constitute
agreement
with
19
the
explanation’s
substance
by
the
members
of
the
general
assembly.
20
This
bill
exempts
from
the
individual
income
tax
the
amount
21
of
wages
received
by
a
taxpayer
for
providing
certain
child
22
care
services.
The
bill
defines
“child
care
services”
to
23
mean
services
provided
at
a
child
care
home
or
a
child
care
24
facility.
The
bill
defines
“child
care
home”
and
“child
care
25
facility”
to
mean
the
same
as
defined
in
Code
section
237A.1.
26
The
bill
takes
effect
upon
enactment,
and
applies
27
retroactively
to
January
1,
2023,
for
tax
years
beginning
on
28
or
after
that
date.
29
-1-
LSB
1270YH
(1)
90
jm/jh
1/
1
