Iowa Admin. Code r. 701-302.39 - Exemption of Interest From Bonds or Notes Issued to Fund the 911 Emergency Telephone System

Rule 701-302.39 - Exemption of Interest From Bonds or Notes Issued to Fund the 911 Emergency Telephone System
Rule 701-302.38 - Capital Gain Deduction or Exclusion for Certain Types of Net Capital GainsRule 701-302.40 - Exemption of Active-duty Military Pay of National Guard Personnel and Armed Forces Reserve Personnel Received for Services Related to Operation Desert Shield

701—302.39(422) Exemption of interest from bonds or notes issued to fund the 911 emergency telephone system. Interest received on or after May 4, 1990, from bonds or notes issued by the Iowa finance authority to fund the 911 emergency telephone system is exempt from the state income tax. This rule is intended to implement Iowa Code sections 422.7 and 477B.20 .

ARC4309C,IAB2/13/19,effective3/20/19;Editorialchange:IACSupplement11/2/22ARC 4309C, IAB 2/13/19, effective 3/20/19; Editorial change: IAC Supplement 11/2/22
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