Senate File 149 - Introduced
SENATE FILE
BY JOHNSON
Passed Senate, Date Passed House, Date
Vote: Ayes Nays Vote: Ayes Nays
Approved
A BILL FOR
1 An Act exempting the sale of all horses from the sales and use
2 taxes.
3 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
4 TLSB 2556SS 81
5 mg/sh/8
PAG LIN
1 1 Section 1. Section 423.3, subsection 14, Code 2005, is
1 2 amended to read as follows:
1 3 14. The sales price from the sales of horses, commonly
1 4 known as draft horses, when purchased for use and so used as
1 5 draft horses.
1 6 EXPLANATION
1 7 Presently, a sales and use tax exemption is available for
1 8 the sale of draft horses only. This bill exempts the sales of
1 9 all horses.
1 10 LSB 2556SS 81
1 11 mg:rj/sh/8