Text: SF02408 Text: SF02410 Text: SF02400 - SF02499 Text: SF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Section 1. Section 328.21, Code 1997, is amended by 1 2 striking the section and inserting in lieu thereof the 1 3 following: 1 4 328.21 AIRCRAFT REGISTRATION FEE. 1 5 1. An annual registration fee of one hundred dollars shall 1 6 be paid to the department at the time of registration of an 1 7 aircraft, except as otherwise provided in this section. 1 8 2. An aircraft thirty years old or older, which is used 1 9 exclusively for noncommercial purposes, shall be registered as 1 10 an antique aircraft for a fee of thirty-five dollars. 1 11 3. An aircraft registered prior to July 1, 1998, at a fee 1 12 of less than one hundred dollars shall continue to be 1 13 registered at a fee equal to that amount unless it qualifies 1 14 under subsection 2 to be registered as an antique aircraft. 1 15 Sec. 2. Section 328.26, Code 1997, is amended to read as 1 16 follows: 1 17 328.26 APPLICATION FOR REGISTRATION. 1 18 Every application for registration pursuant to sections 1 19 328.19to 328.22and 328.20 shall be made upon such forms, and 1 20 shall contain such information, as the department may 1 21 prescribe, and every application shall be accompanied by the 1 22 full amount of the registration fee. 1 23 When an aircraft is registered to a person for the first 1 24 time the fee submitted to the department shall include the tax 1 25 imposed by section 422.43 or section 423.2 or evidence of the 1 26 exemption of the aircraft from the tax imposed under section 1 27 422.43 or 423.2. 1 28 Sec. 3. Section 422.45, subsection 38A, Code Supplement 1 29 1997, is amended to read as follows: 1 30 38A. The gross receipts from the sale or rental of 1 31 aircraft; the sale or rental of tangible personal property 1 32 permanently affixed or attached as a component part of the 1 33 aircraft, including but not limited to repair or replacement 1 34 materials or parts; and the gross receipts of all services 1 35 used for aircraft repair, remodeling, and maintenance services 2 1 when such services are performed on aircraft, aircraft 2 2 engines, or aircraft component materials or parts. For the 2 3 purposes of this exemption, "aircraft" means aircraft used in 2 4a scheduledan interstate federal aviation administration- 2 5 certified air carrier operation. 2 6 Sec. 4. Section 422.45, Code Supplement 1997, is amended 2 7 by adding the following new subsection: 2 8 NEW SUBSECTION. 52. The gross receipts from the sale of 2 9 aircraft to an aircraft dealer who in turn rents or leases the 2 10 aircraft if all of the following apply: 2 11 a. The aircraft is kept in the inventory of the dealer for 2 12 sale at all times. 2 13 b. The dealer reserves the right to immediately take the 2 14 aircraft from the renter or lessee when a buyer is found. 2 15 c. The renter or lessee is aware that the dealer will 2 16 immediately take the aircraft when a buyer is found. 2 17 If an aircraft exempt under this subsection is used for any 2 18 purpose other than leasing or renting, or the conditions in 2 19 paragraphs "a", "b", and "c" are not continuously met, the 2 20 dealer claiming the exemption under this subsection is liable 2 21 for the tax that would have been due except for this 2 22 subsection. The tax shall be computed upon the original 2 23 purchase price. 2 24 Sec. 5. Section 422B.8, unnumbered paragraph 1, Code 1997, 2 25 is amended to read as follows: 2 26 A local sales and services tax at the rate of not more than 2 27 one percent may be imposed by a county on the gross receipts 2 28 taxed by the state under chapter 422, division IV. A local 2 29 sales and services tax shall be imposed on the same basis as 2 30 the state sales and services tax and may not be imposed on the 2 31 sale of any property or on any service not taxed by the state, 2 32 except the tax shall not be imposed on the gross receipts from 2 33 the sale of motor fuel or special fuel as defined in chapter 2 34 452A, on the gross receipts from the rental of rooms, 2 35 apartments, or sleeping quarters which are taxed under chapter 3 1 422A during the period the hotel and motel tax is imposed, on 3 2 the gross receipts from the sale of natural gas or electric 3 3 energy in a city or county where the gross receipts are 3 4 subject to a franchise fee or user fee during the period the 3 5 franchise or user fee is imposed, on the gross receipts from 3 6 the sale of equipment by the state department of 3 7 transportation, on the gross receipts from the sale, rental, 3 8 or lease of aircraft, and on the gross receipts from the sale 3 9 of a lottery ticket or share in a lottery game conducted 3 10 pursuant to chapter 99E. A local sales and services tax is 3 11 applicable to transactions within those incorporated and 3 12 unincorporated areas of the county where it is imposed and 3 13 shall be collected by all persons required to collect state 3 14 gross receipts taxes. All cities contiguous to each other 3 15 shall be treated as part of one incorporated area and the tax 3 16 would be imposed in each of those contiguous cities only if 3 17 the majority of those voting in the total area covered by the 3 18 contiguous cities favor its imposition. 3 19 Sec. 6. Sections 328.22 and 328.24, Code 1997, are 3 20 repealed. 3 21 Sec. 7. EFFECTIVE DATE. This Act, being deemed of 3 22 immediate importance, takes effect upon enactment. 3 23 SF 2409 3 24 mg/cc/26
Text: SF02408 Text: SF02410 Text: SF02400 - SF02499 Text: SF Index Bills and Amendments: General Index Bill History: General Index
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