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