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Text: SF00166                           Text: SF00168
Text: SF00100 - SF00199                 Text: SF Index
Bills and Amendments: General Index     Bill History: General Index

Senate File 167

Partial Bill History

Bill Text

PAG LIN
  1  1    Section 1.  Section 422.45, subsection 26, unnumbered
  1  2 paragraph 1, Code 1995, is amended to read as follows:
  1  3    The gross receipts from the sale or rental of farm
  1  4 machinery and equipment, including auxiliary attachments which
  1  5 improve the performance, safety, operation, or efficiency of
  1  6 the machinery and equipment and replacement parts, if the
  1  7 following conditions are met:
  1  8    Sec. 2.  Section 422.45, subsection 39, unnumbered
  1  9 paragraph 1, Code 1995, is amended to read as follows:
  1 10    The gross receipts from the sale or rental of farm
  1 11 machinery and equipment, including auxiliary attachments which
  1 12 improve the performance, safety, operation, or efficiency of
  1 13 the machinery and equipment and replacement parts, if all of
  1 14 the following conditions are met:  
  1 15                           EXPLANATION
  1 16    This bill provides an exemption from the state sales tax
  1 17 for the lease or sale of auxiliary attachments for self-
  1 18 propelled and non-self-propelled farm machinery and equipment.
  1 19 Current law allows an exemption for the sale or lease of only
  1 20 replacement parts for repair or reconstruction of self-
  1 21 propelled and non-self-propelled farm machinery and equipment.  
  1 22 LSB 1644SV 76
  1 23 sc/jj/8
     

Text: SF00166                           Text: SF00168
Text: SF00100 - SF00199                 Text: SF Index
Bills and Amendments: General Index     Bill History: General Index

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