Bill Text: IA HF2270 | 2013-2014 | 85th General Assembly | Introduced
Bill Title: A bill for an act creating a physician donated services tax credit available against the individual income tax, and including effective date and applicability provisions.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2014-03-24 - Subcommittee, Windschitl, Isenhart, and Sands. H.J. 566. [HF2270 Detail]
Download: Iowa-2013-HF2270-Introduced.html
House
File
2270
-
Introduced
HOUSE
FILE
2270
BY
R.
TAYLOR
A
BILL
FOR
An
Act
creating
a
physician
donated
services
tax
credit
1
available
against
the
individual
income
tax,
and
including
2
effective
date
and
applicability
provisions.
3
BE
IT
ENACTED
BY
THE
GENERAL
ASSEMBLY
OF
THE
STATE
OF
IOWA:
4
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2270
Section
1.
NEW
SECTION
.
422.11C
Physician
donated
services
1
tax
credit.
2
1.
As
used
in
this
section:
3
a.
“Average
hourly
rate”
means,
with
regard
to
a
tax
4
year,
the
average
hourly
rate
charged
by
the
physician
in
the
5
immediately
preceding
tax
year
for
the
provision
of
health
care
6
services.
7
b.
“Health
care
services”
means
services
included
8
in
the
furnishing
to
any
individual
of
medical
care,
or
9
hospitalization,
or
incident
to
the
furnishing
of
such
care
or
10
hospitalization,
as
well
as
the
furnishing
to
any
person
of
all
11
other
services
for
the
purposes
of
preventing,
alleviating,
12
curing,
or
healing
human
physical
or
mental
illness,
injury,
13
or
disability.
14
c.
“Physician”
means
an
individual
who
meets
all
of
the
15
following
requirements:
16
(1)
The
individual
holds
an
unrestricted
license
under
17
chapter
148.
18
(2)
The
individual,
either
through
the
individual’s
19
own
practice
or
through
the
office
or
group
with
which
the
20
physician
practices,
offers
a
charity
care
or
hardship
program
21
that
offers
free
health
care
services
to
patients.
22
(3)
The
individual,
either
through
the
individual’s
23
own
practice
or
through
the
office
or
group
with
which
the
24
physician
practices,
participates
in
the
Medicaid
program
or
25
federal
Medicare
program.
26
2.
The
taxes
imposed
under
this
division,
less
the
27
credits
allowed
under
section
422.12,
shall
be
reduced
by
a
28
physician
donated
services
tax
credit
equal
to
the
product
of
29
a
physician’s
average
hourly
rate
multiplied
by
the
number
of
30
hours
of
free
health
care
services
furnished
on
a
voluntary
31
basis
in
this
state
by
a
physician
during
the
tax
year
but
32
before
July
1,
2019,
rounded
down
to
the
nearest
whole
dollar,
33
not
to
exceed
ten
thousand
dollars
per
physician
per
tax
year.
34
3.
Any
credit
in
excess
of
the
taxpayer’s
tax
liability
is
35
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2270
not
refundable
and
shall
not
be
credited
to
the
tax
liability
1
for
any
following
year.
2
4.
This
section
is
repealed
January
1,
2020.
3
Sec.
2.
EFFECTIVE
DATE.
This
Act
takes
effect
January
1,
4
2015.
5
Sec.
3.
APPLICABILITY.
This
Act
applies
to
tax
years
6
beginning
on
or
after
January
1,
2015,
but
before
January
1,
7
2020.
8
Sec.
4.
APPLICABILITY.
This
Act
applies
to
free
health
9
care
services
furnished
on
a
voluntary
basis
in
this
state
by
a
10
physician
on
or
after
January
1,
2015,
but
before
July
1,
2019.
11
EXPLANATION
12
The
inclusion
of
this
explanation
does
not
constitute
agreement
with
13
the
explanation’s
substance
by
the
members
of
the
general
assembly.
14
This
bill
creates
a
physician
donated
services
tax
credit
15
available
against
the
individual
income
tax.
16
The
credit
will
be
equal
to
the
product
of
a
physician’s
17
average
hourly
rate
multiplied
by
the
number
of
hours
of
free
18
health
care
services
furnished
on
a
voluntary
basis
in
this
19
state
by
a
physician
during
the
tax
year.
The
credit
shall
not
20
exceed
$10,000
per
physician
per
tax
year.
The
credit
applies
21
to
services
furnished
by
a
physician
on
or
after
January
1,
22
2015,
but
before
July
1,
2019.
“Average
hourly
rate”,
“health
23
care
services”,
and
“physician”
are
all
defined
in
the
bill.
24
Any
credit
in
excess
of
the
taxpayer’s
tax
liability
is
25
nonrefundable
and
shall
not
be
credited
to
the
tax
liability
26
for
any
following
year.
27
The
credit
takes
effect
January
1,
2015,
and
applies
to
28
tax
years
beginning
on
or
after
that
date
but
before
January
29
1,
2020.
The
credit
applies
to
free
health
care
services
30
furnished
on
a
voluntary
basis
in
this
state
by
a
physician
on
31
or
after
January
1,
2015,
but
before
July
1,
2019.
32
The
credit
is
repealed
January
1,
2020.
33
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