HF2649 — A bill for an act excluding the net capital gain from the sale of certain livestock from the computation of net income for purposes of the individual income tax, and including retroactive applicability provisions.

HF2649 — A bill for an act excluding the net capital gain from the sale of certain livestock from the computation of net income for purposes of the individual income tax, and including retroactive applicability provisions. · Informed CitizenryThis bill amends the Iowa Code to exclude certain net capital gains from the computation of net income for individual income tax purposes. The exclusion applies to the sale of cattle or horses held…Open in Informed Citizenry