Iowa Education Legislative Watch
StateFunding

SF 2491

Lets rural veterinarians exclude loan repayments from state income tax

The bill changes the rural veterinarian loan repayment program so recipients can stay in the same rural area to finish their service, instead of needing a waiver to move. It also lets recipients subtract loan payments received through the program from their Iowa taxable income, up to $15,000 a year and $60,000 total.

Official title

A bill for an act providing for the rural veterinarian loan repayment program, including by allowing a loan repayment recipient to exclude net income attributable to loan payments received under the program.(Formerly SF 2460.)

Passed Senate3 of 5

Where it stands

  1. Introduced
  2. Committee
  3. Senate
  4. House
  5. Governor

Last action, May 1: Read first time, referred to Ways and Means. H.J. 1077.

Votes

History

  • Read first time, referred to Ways and Means. H.J. 1077.House · May 1
  • Message from Senate. H.J. 948.House · Apr 20
  • Immediate message. S.J. 835.Senate · Apr 20
  • Passed Senate, yeas 44, nays 0. S.J. 834.Senate · Apr 20
  • Committee report, approving bill. S.J. 806.Senate · Apr 15
  • Introduced, placed on Ways and Means calendar. S.J. 804.Senate · Apr 15