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RES 693 Draft 01 2022-2024
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RES 693 Draft 01 2022-2024
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Last modified
11/13/2024 9:52:55 AM
Creation date
10/23/2024 12:45:31 PM
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Template:
Bill/Resolution
Bill/Resolution - Type
RES
Bill/Resolution - Council Term
2022-2024
Bill/Resolution
693
Draft
01
Introducer
Heather L. Kimball, Council Member
Referred To
GOEAC
Action 1
GOEAC: Amended to Draft 2 - 11/07/24
Document Relationships
AGE GOEAC 2024/11/07 (2022-2024)
(Related)
Path:
\Council Records\Agendas\2022-2024\Governmental Operations and External Affairs Committee (GOEAC)
COM 1128.000 2022-2024
(Related)
Path:
\Council Records\Communications\2022-2024
REP GOEAC 169 2024/11/07 (2022-2024)
(Related)
Path:
\Council Records\Reports\2022-2024\Governmental Operations and External Affairs Committee (GOEAC)
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Page 9 NO. <br />1 The director of health may adopt rules under chapter 91 as <br />2 necessary to implement the certification requirements under this <br />3 section. <br />(f) The director of taxation: <br />5 (1) Shall prepare any forms that may be necessary to claim <br />6 a tax credit under this section; <br />7 (2) May require the taxpayer to furnish reasonable <br />8 information to ascertain the validity of the claim for <br />the tax credit made under this section; and <br />10 (3) May adopt rules under chapter 91 necessary to <br />11 effectuate the -ouriDoses of this section. <br />12 (q) If the tax credit under this section exceeds the <br />13 taxpayer's income tax liability, the excess of the credit over <br />14 liability may be used as a credit against the taxpayer's income <br />15 tax liability in subsequent years until exhausted. All claims <br />16 for the tax credit under this section, including amended claims, <br />17 shall be filed on or before the end of the twelfth month <br />18 following the close of the taxable vear for which the credit may <br />19 be claimed. Failure to comply with the foregoing provision <br />20 shall constitute a waiver of the right to claim the credit. <br />21 -(h) As used in this section: <br />
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