Search Form
First, enter a politician or zip code
Now, choose a category

Key Votes

HF 478 - Authorizes an Alternative Flat Income Tax - Key Vote

Iowa Key Votes

Walt Rogers voted Yea (Passage) on this Legislation.

Read statements Walt Rogers made in this general time period.

Stages

Family

Issues

Stage Details

Legislation - Bill Passed (House) (53-47) - (Key vote)

Title: Authorizes an Alternative Flat Income Tax

Vote Result
Yea Votes
Nay Votes
Vote Smart's Synopsis:

Vote to pass a bill that authorizes an alternative flat income tax rate and that establishes a tax credit.

Highlights:
  • Authorizes a resident or nonresident individual to elect to be subject to an alternative state income tax rate of 4.5 percent (Sec. 1).
  • Prohibits an individual who selects the alternative tax rate from making any base income adjustments, except for the following deductions and credits (Sec. 1):
    • A standard deduction;
    • A deduction for interest or dividends from federal securities; and
    • A certain credit for withheld tax or estimated tax paid.
  • Establishes the Iowa Taxpayers Trust Fund Tax Credit, which requires the entire balance of the Iowa Taxpayers Trust Fund to be equally credited to “eligible” taxpayers during each fiscal year that the balance exceeds $30 million, beginning July 1, 2014 (Sec. 5).
Legislation - Introduced (House) -

Title: Authorizes an Alternative Flat Income Tax

Committee Sponsors

Skip to top
Back to top