Bill Text: IA SF106 | 2011-2012 | 84th General Assembly | Introduced
Bill Title: A bill for an act providing an exemption from the computation of the individual state income tax of all pay received for active duty military service and including retroactive applicability provisions.
Sponsorship: Strong Partisan Bill (Republican 12-1)
Status: (Introduced - Dead) 2011-12-31 - END OF 2011 ACTIONS [SF106 Detail]
Download: Iowa-2011-SF106-Introduced.html
Senate
File
106
-
Introduced
SENATE
FILE
106
BY
BACON
,
BOETTGER
,
JOHNSON
,
HAMERLINCK
,
ZAUN
,
CHELGREN
,
ERNST
,
GREINER
,
BERTRAND
,
SORENSON
,
WARD
,
BARTZ
,
and
FEENSTRA
A
BILL
FOR
An
Act
providing
an
exemption
from
the
computation
of
the
1
individual
state
income
tax
of
all
pay
received
for
2
active
duty
military
service
and
including
retroactive
3
applicability
provisions.
4
BE
IT
ENACTED
BY
THE
GENERAL
ASSEMBLY
OF
THE
STATE
OF
IOWA:
5
TLSB
1110XS
(2)
84
tw/sc
S.F.
106
Section
1.
Section
422.7,
Code
2011,
is
amended
by
adding
1
the
following
new
subsection:
2
NEW
SUBSECTION
.
42A.
Subtract,
to
the
extent
included,
3
all
pay
received
by
the
taxpayer
from
the
federal
government
4
for
military
service
performed
while
on
active
duty
status
in
5
the
armed
forces,
the
armed
forces
military
reserve,
or
the
6
national
guard.
7
Sec.
2.
RETROACTIVE
APPLICABILITY.
This
Act
applies
8
retroactively
to
January
1,
2011,
for
tax
years
beginning
on
9
or
after
that
date.
10
EXPLANATION
11
This
bill
exempts
from
the
individual
income
tax
all
pay
12
received
by
a
taxpayer
from
the
federal
government
for
military
13
service
performed
while
on
active
duty
status
in
the
armed
14
forces,
the
armed
forces
military
reserve,
or
the
national
15
guard.
16
The
bill
applies
retroactively
to
January
1,
2011,
for
tax
17
years
beginning
on
or
after
that
date.
18
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(2)
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