Relating to withholding Iowa state income tax from retirement income, and including effective date and retroactive applicability provisions

Where it is now

1. ✓
   Done: IntroducedFebruary 14, 2023
2. ✕
   Stopped: SubcommitteeDied when the General Assembly ended
3. Next: House committee
4. Next: Passes the House
5. Next: Senate committee
6. Next: Passes the Senate
7. Next: To the Governor
8. Next: Signed into law

Died when the session ended The 2024 session adjourned on April 19, 2024, the General Assembly’s last regular session. Bills that didn’t pass both chambers died. What’s a funnel?

What’s in it

This bill relates to withholding Iowa state income tax from retirement income. Under current law, most retirement income is no longer subject to Iowa income tax. The bill strikes provisions requiring the withholding of state income tax from retirement income payments made to Iowa residents if the retirement income is no longer subject to Iowa income tax. The bill takes effect upon enactment, and applies retroactively to January 1, 2023, for tax years beginning on or after that date.

From the explanation printed with the bill as introduced, written by the Legislative Services Agency. Amendments adopted later aren’t reflected. Full bill text

Iowa Code it changes

Amends§422.16

Read from the bill as introduced. Each links to every bill touching that chapter of the Iowa Code. How the Code works