State Codes and Statutes

Statutes > Iowa > Title-2 > Subtitle-2 > Chapter-70a > 70a-17b

        70A.17B  PAYROLL DEDUCTION FOR ELIGIBLE QUALIFIED
      TUITION PROGRAM CONTRIBUTIONS.
         1.  The state officer in charge of any of the state payroll
      systems shall deduct from the wages or salaries of a state officer or
      employee an amount specified by the officer or employee for payment
      to an eligible qualified tuition program in a method consistent with
      current discretionary payroll deductions and on forms prescribed by
      the payroll administrator.  For purposes of this section, an
      "eligible qualified tuition program" is a program that meets the
      requirements of a qualified tuition program under section 529 of the
      Internal Revenue Code and is a program in which at least five hundred
      state officers or employees request a payroll deduction and the
      request for the payroll deduction is made by the state officer or
      employee in writing to the officer in charge of the program.
         2.  The moneys deducted under this section shall be paid to the
      eligible qualified tuition program for the benefit of the officer's
      or employee's account no later than thirty days following the payroll
      deduction from the wages of the officer or employee.  The deduction
      may be made even though the compensation paid to an officer or
      employee is reduced to an amount below the minimum prescribed by law.
      Payment to an officer or employee of compensation less the deduction
      shall constitute a full discharge of claims and demands for services
      rendered by the officer or employee during the period covered by the
      payment.  The request for the deduction may be withdrawn at any time
      by filing a written notification of withdrawal with the state officer
      in charge of any of the state payroll systems.  
         Section History: Recent Form
         2005 Acts, ch 75, §1

State Codes and Statutes

Statutes > Iowa > Title-2 > Subtitle-2 > Chapter-70a > 70a-17b

        70A.17B  PAYROLL DEDUCTION FOR ELIGIBLE QUALIFIED
      TUITION PROGRAM CONTRIBUTIONS.
         1.  The state officer in charge of any of the state payroll
      systems shall deduct from the wages or salaries of a state officer or
      employee an amount specified by the officer or employee for payment
      to an eligible qualified tuition program in a method consistent with
      current discretionary payroll deductions and on forms prescribed by
      the payroll administrator.  For purposes of this section, an
      "eligible qualified tuition program" is a program that meets the
      requirements of a qualified tuition program under section 529 of the
      Internal Revenue Code and is a program in which at least five hundred
      state officers or employees request a payroll deduction and the
      request for the payroll deduction is made by the state officer or
      employee in writing to the officer in charge of the program.
         2.  The moneys deducted under this section shall be paid to the
      eligible qualified tuition program for the benefit of the officer's
      or employee's account no later than thirty days following the payroll
      deduction from the wages of the officer or employee.  The deduction
      may be made even though the compensation paid to an officer or
      employee is reduced to an amount below the minimum prescribed by law.
      Payment to an officer or employee of compensation less the deduction
      shall constitute a full discharge of claims and demands for services
      rendered by the officer or employee during the period covered by the
      payment.  The request for the deduction may be withdrawn at any time
      by filing a written notification of withdrawal with the state officer
      in charge of any of the state payroll systems.  
         Section History: Recent Form
         2005 Acts, ch 75, §1

State Codes and Statutes

State Codes and Statutes

Statutes > Iowa > Title-2 > Subtitle-2 > Chapter-70a > 70a-17b

        70A.17B  PAYROLL DEDUCTION FOR ELIGIBLE QUALIFIED
      TUITION PROGRAM CONTRIBUTIONS.
         1.  The state officer in charge of any of the state payroll
      systems shall deduct from the wages or salaries of a state officer or
      employee an amount specified by the officer or employee for payment
      to an eligible qualified tuition program in a method consistent with
      current discretionary payroll deductions and on forms prescribed by
      the payroll administrator.  For purposes of this section, an
      "eligible qualified tuition program" is a program that meets the
      requirements of a qualified tuition program under section 529 of the
      Internal Revenue Code and is a program in which at least five hundred
      state officers or employees request a payroll deduction and the
      request for the payroll deduction is made by the state officer or
      employee in writing to the officer in charge of the program.
         2.  The moneys deducted under this section shall be paid to the
      eligible qualified tuition program for the benefit of the officer's
      or employee's account no later than thirty days following the payroll
      deduction from the wages of the officer or employee.  The deduction
      may be made even though the compensation paid to an officer or
      employee is reduced to an amount below the minimum prescribed by law.
      Payment to an officer or employee of compensation less the deduction
      shall constitute a full discharge of claims and demands for services
      rendered by the officer or employee during the period covered by the
      payment.  The request for the deduction may be withdrawn at any time
      by filing a written notification of withdrawal with the state officer
      in charge of any of the state payroll systems.  
         Section History: Recent Form
         2005 Acts, ch 75, §1