ITA Bill Watch - Iowa Taxpayers Association

ITA Bill Watch

Bill Watch 2020

Following are the bills ITA is following

Updated March 16, 2020

 

Bill Number:

 

SSB 3116/HSB 657

Topic Category:

 

Income, Sales and Property

Summary:

 

A bill for an act relating to state and local revenue and finances including modifying individual income taxes, sales and use taxes, water service tax, and certain tax credits and provisions relating to county juvenile court expenses and mental health region funding, making appropriations, and including effective date and applicability provisions.

Iowa Senate:

 

Subcommittee: Chapman, Dawson, Smith, Bolkom, Jochum

Floor Manager: Chapman

Iowa House:

 

Subcommittee: Hein, Bloomingdale, Hite, Isenhart, James
Floor Manager: Hein

Governor:

   

Position:

 

"Undecided" Governor's Bill "Investing in Iowa's Future" ITA supports the income tax changes, elimination of the 4% growth trigger, but unable to register "for" the bill without significant reduction on corporate income taxes.

--------------

-

-----------------------------------------------------------------------------------------------------------------

Bill Number:

 

HSB 695 / SSB 3198

Topic Category:

 

Property Tax

Summary:

 

A bill for an act relating to property tax classifications, credits, assessment limitations, exemptions, and administration, making appropriations, and including effective date, applicability, and retroactive applicability provisions.

Iowa Senate:

 

Subcommittee: Chpman, Smith, Quirmbach

Floor Manager: Chpman

Iowa House:

 

Subcommittee: Hite, Mitchel, Kurth

Floor Manager: Hite

Committee: Partisan vote 13-11-1 absent

Governor:

   

Position:

 

"Undecided"  The bill is the Iowa Department of Revenue bill changing the BusinessProperty Tax  Credit and the Mulitresidential classification.

--------------

-

-----------------------------------------------------------------------------------------------------------------

Bill Number:

 

HSB 696 / SSB3199

Topic Category:

 

Income Tax and Sales Tax

Summary:

 

A bill for an act relating to state taxation and related laws of the state, including the administration by the department of revenue of certain tax credits and refunds, income taxes, moneys and credits taxes, sales and use taxes, partnership and pass-through entity audits, and by modifying provisions relating to the reinstatement of business entities, the assessment and valuation of property, and providing penalties, and including effective date and retroactive applicability provisions.

Iowa Senate:

 

Subcommittee: Sweeney, Brown, Dotzler

Floor Manager: Sweeney

Iowa House:

 

Subcommittee: Hite, Mitchell, Kurth

Floor Manager: Hite

Governor:

   

Position:

 

"Undecided" The bill is the Iowa Department of Revenue Technical bill.

--------------

-

-------------------------------------------------------------------------------------------------------------------

Bill Number:

 

HSB 707

Topic Category:

 

Income Tax

Summary:

 

A bill for an act relating to the treatment of certain income as a foreign dividend for Iowa corporate income tax purposes, and modifying the business interest expense deduction for Iowa individual and corporate tax purposes and including effective date and retroactive applicability provisions.

Iowa Senate:

 

Subcommittee: Carlson, Bloomingdale, Jacoby

Floor Manager: Carlson

Iowa House:

 

 

Governor:

 

 

Position:

 

"For"  ITA requested this bill be drafted to correct our problems with conforming to IRC Sec. 951A and 163(j).

--------------

-

-------------------------------------------------------------------------------------------------------------------

Bill Number:   HSB 708
Topic Category:   Sales Tax
Summary:   A bill for an act exempting from the sales and use tax certain sales of computer peripherals, and rescinding related rules in the Iowa administrative code.
Iowa Senate:    
Iowa House:  

Subcommittee: Carlson, Bllomingdale, Kurth

Floor Manager: Carlson

Governor:    
Position:   "For" The bill is the result of the computer taxation and exemption Task Force Report.
----------------- - -----------------------------------------------------------------------------------------------------------------------

Bill Number:

 

HF 2575

Topic Category:

 

Income Tax

Summary:

 

A bill for an act exempting from the computation of the individual and corporate state income taxes broadband grants received by communications service providers, and including effective date and retroactive applicability provisions. (Formerly HF 2023)

Iowa Senate:

 

Subcommittee: Sweeney, Chapman, Wahls

Floor Manager: Sweeney

Iowa House:

 

Subcommittee: Jones, Hite, McConkey

Floor Manager: Hite

Committee: Commerce-Passed; Ways & Means - Passed

Floor: 96-0

Governor:

 

 

Position:

 

"For" This is a technical fix to a change that started levying a state income tax liability to communication services grant recipients. Which reduced the size of the actual grant.

 

--------------

-

-------------------------------------------------------------------------------------------------------------------

Bill Number:

 

HSB 629/SF 2159

Topic Category:

 

Sales Tax

Summary:

 

A bill for an act relating to the sales and use tax by modifying the sales and use tax exemption for materials and certain machinery and equipment used in agricultural production.

 

Iowa Senate:

 

Subcommittee: Brown, Dawson, Bolkcom

Floor Manager: Brown

Iowa House:

 

Subcommittee: Zumbach, Sieck, Hunter

Floor Manager: Zumbach

Governor:

 

 

Position:

 

Broadens the agricultural exemption for sales and use tax

--------------

-

-------------------------------------------------------------------------------------------------------------------

Bill Number:

 

SJR 22

Topic Category:

 

Income Tax

Summary:

 

A joint resolution proposing an amendment to the Constitution of the State of Iowa relating to restricting certain individual income tax changes. (Formerly SJR 16.)

 

Iowa Senate:

 

Subcommittee: Carlin, Sweeney, Dotzler

Floor Manager: Carlin

Iowa House:

 

 

Governor:

 

 

Position:

 

 

--------------

-

-------------------------------------------------------------------------------------------------------------------

Bill Number:

 

SF 307

Topic Category:

 

Inheritance Tax

Summary:

 

A bill for an act relating to the repeal of the state inheritance tax and the state qualified use inheritance tax. (Formerly SF 1.)

Iowa Senate:

 

Subcommittee: Chapman, Smith, Quirmbach

Floor Manager: Chapman

Iowa House:

 

 

Governor:

 

 

Position:

 

"Undecided"

© 2020 Iowa Taxpayers Association. All Rights Reserved.