HF 242 — A bill for an act relating to the individual income tax checkoff for the Iowa election campaign fund by providing for the future repeal of the tax checkoff and the Iowa election campaign fund, and including effective date provisions. (Formerly HF 6.) Effective 7-1-17, with exception of Division II effective 7-1-18.

House File 242 - IntroducedEnrolled HOUSEHouse FILEFile 242 BYAN COMMITTEEACT ONRELATING WAYS AND MEANS (SUCCESSOR TO HFTHE 6)INDIVIDUAL AINCOME BILLTAX CHECKOFF FOR AnTHE ActIOWA relatingELECTION toCAMPAIGN theFUND individualBY incomePROVIDING taxFOR checkoffTHE forFUTURE theREPEAL IowaOF electionTHE campaignTAX fundCHECKOFF byAND providingTHE forIOWA theELECTION futureCAMPAIGN repealFUND, ofAND theINCLUDING taxEFFECTIVE checkoffDATE andPROVISIONS. the Iowa election campaign fund, and including effective date provisions.

TLSBDIVISION 1249HVI (1)IOWA 87ELECTION mm/scCAMPAIGN H.F.FUND TAX CHECKOFF Section 1.

242 DIVISION I IOWA ELECTION CAMPAIGN FUND TAX CHECKOFF Section 1.

The For tax years beginning before January 1, 2017, the director of revenue shall draft the income tax form to provide spaces on the tax return which the taxpayer may use to designate that contributions made under this section be credited to a specified political party as defined by section 43.2, or to the Iowa election campaign fund as a contribution to be shared by all such political partiesHouse inFile the242, mannerp. prescribed by section 68A.602.

2 parties in the manner prescribed by section 68A.602.

LSBDIVISION 1249HVII (1)FUTURE 87REPEAL -1-OF mm/scIOWA 1/7ELECTION H.F.CAMPAIGN FUND TAX CHECKOFF Sec.

242 DIVISION II FUTURE REPEAL OF IOWA ELECTION CAMPAIGN FUND TAX CHECKOFF Sec.

The chief executive officer shall not hold any other office under theHouse lawsFile of242, thep. United States or of this or any state and shall devote full time to the duties of office.

3 the laws of the United States or of this or any state and shall devote full time to the duties of office.

However, before a checkoff pursuant to this section shall be permitted, all liabilities on the books of the department of LSBadministrative 1249HVservices (1)and 87accounts -2-identified mm/scas 2/7owing H.F.under section 8A.504 and the political contribution allowed under section 68A.601 shall be satisfied.

242 administrative services and accounts identified as owing under section 8A.504 and the political contribution allowed under section 68A.601 shall be satisfied.

Sec.House File 242, p.

4 Sec.

The department of revenue, on or before January 31, shall transfer one-half of the total LSBamount 1249HVdesignated (1)on 87the -3-tax mm/screturn 3/7forms H.F.due in the preceding calendar year to the veterans trust fund and the remaining one-half to the volunteer fire fighter preparedness fund.

242 amount designated on the tax return forms due in the preceding calendar year to the veterans trust fund and the remaining one-half to the volunteer fire fighter preparedness fund.

The existence of a fact which disqualifies a person from election or from actingHouse asFile a242, utilitiesp. board member disqualifies the person from employment as general counsel or assistant general counsel.

The5 generalacting counselas shalla devoteutilities fullboard timemember todisqualifies the dutiesperson offrom theemployment LSBas 1249HVgeneral (1)counsel 87or -4-assistant mm/scgeneral 4/7counsel. H.F.

242The general counsel shall devote full time to the duties of the office.

The director shall not be selected on the basis of political affiliation, and while employed as the director, shall not be a member of a political committee, participate in a political campaign, be a candidate for a partisan elective office, and shall not contribute to a political campaign fund, except that the director may designate on the checkoff portion of the state or federal income tax LSBreturn, 1249HVor (1)both, 87a -5-party mm/scor 5/7parties H.F.to which a contribution is House File 242, p.

2426 return, or both, a party or parties to which a contribution is made pursuant to the checkoff.

EXPLANATION______________________________ The______________________________ inclusionLINDA ofUPMEYER thisJACK explanationWHITVER doesSpeaker notof constitutethe agreementHouse withPresident of the explanation’sSenate substanceI byhereby thecertify membersthat ofthis bill originated in the generalHouse assembly.and is known as House File 242, Eighty-seventh General Assembly.

This______________________________ billCARMINE relatesBOAL toChief theClerk Iowaof electionthe campaignHouse incomeApproved tax_______________, checkoff2017 and______________________________ theTERRY IowaE. election campaign fund.

UnderBRANSTAD currentGovernor law, the Iowa election campaign income tax checkoff allows individuals to designate on their income tax return up to $1.50 of their state tax liability to the Iowa election campaign fund.

The checkoff is not subject to the provisions of Code section 422.12E.

Moneys in the Iowa election campaign fund, consisting of a separate fund for each political party, are disbursed to candidates for partisan public office at the request of the candidate and at the discretion of the state central committee of each political party.

The Iowa ethics and campaign disclosure board is responsible for administering the Iowa election campaign fund.

Any moneys not used by the political parties by the end of a general election year revert to the general fund of the state.

Division I of the bill restricts the Iowa election campaign income tax checkoff to tax years beginning before January 1, 2017.

The checkoff will not be available on the individual income tax return for tax year 2017, nor any tax year thereafter.

Division II of the bill provides that the Iowa election LSB 1249HV (1) 87 -6- mm/sc 6/7 H.F.

242 campaign income tax checkoff and the Iowa election campaign fund are repealed effective July 1, 2018.

LSB 1249HV (1) 87 -7- mm/sc 7/7