House File 90 



                                       HOUSE FILE       
                                       BY  TYMESON, SANDS, WINDSCHITL,
                                           HEATON, HUSEMAN, CLUTE,
                                           JACOBS, DEYOE, BAUDLER,
                                           WATTS, LUKAN, MAY, WORTHAN,
                                           ALONS, STRUYK, SODERBERG,
                                           KAUFMANN, DE BOEF, ROBERTS,
                                           RASMUSSEN, and FORRISTALL


    Passed House, Date               Passed Senate, Date             
    Vote:  Ayes        Nays           Vote:  Ayes        Nays         
                 Approved                            

                                      A BILL FOR

  1 An Act exempting the sale of certain school supplies from the
  2    sales and use taxes during a specified time.
  3 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
  4 TLSB 1330YH 82
  5 ak/gg/14

PAG LIN



  1  1    Section 1.  Section 423.3, Code 2007, is amended by adding
  1  2 the following new subsection:
  1  3    NEW SUBSECTION.  68A.  The sales price from the sale of
  1  4 general school supplies which are intended for classroom use
  1  5 if all of the following apply:
  1  6    a.  The sales price of each item is less than twenty
  1  7 dollars.
  1  8    b.  The sale takes place during a period beginning at 12:01
  1  9 a.m. on the first Friday in August and ending at midnight on
  1 10 the following Saturday.
  1 11                           EXPLANATION
  1 12    This bill provides a sales and use tax holiday for the
  1 13 purchase of general school supplies which are intended to be
  1 14 used in the classroom if two conditions are met:  the price of
  1 15 each item is less than $20 and the sale takes place on the
  1 16 first Friday and Saturday in August.
  1 17 LSB 1330YH 82
  1 18 ak:nh/gg/14