Text: HF00417 Text: HF00419 Text: HF00400 - HF00499 Text: HF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN
1 1 HOUSE FILE 418
1 2
1 3 AN ACT
1 4 EXEMPTING THE SALE OF ARGON AND SIMILAR GASES USED IN THE MANU-
1 5 FACTURING PROCESS FROM THE SALES AND USE TAXES, PROVIDING
1 6 LIMITED REFUNDS, AND INCLUDING EFFECTIVE AND RETROACTIVE
1 7 APPLICABILITY DATE PROVISIONS.
1 8
1 9 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
1 10
1 11 Section 1. Section 422.45, Code 1999, is amended by adding
1 12 the following new subsection:
1 13 NEW SUBSECTION. 55. The gross receipts from the sale of
1 14 argon and other similar gases to be used in the manufacturing
1 15 process.
1 16 Sec. 2. REFUNDS. Refunds of taxes, interest, or penalties
1 17 which arise from claims resulting from the enactment of
1 18 section 422.45, subsection 55, in this Act, for sales
1 19 occurring between January 1, 1991, and the effective date of
1 20 this Act, shall be limited to twenty-five thousand dollars in
1 21 the aggregate and shall not be allowed unless refund claims
1 22 are filed prior to October 1, 1999, notwithstanding any other
1 23 provision of law. If the amount of claims totals more than
1 24 twenty-five thousand dollars in the aggregate, the department
1 25 of revenue and finance shall prorate the twenty-five thousand
1 26 dollars among all claimants in relation to the amounts of the
1 27 claimants' valid claims.
1 28 Sec. 3. EFFECTIVE DATE AND RETROACTIVE APPLICABILITY
1 29 PROVISION. This Act, being deemed of immediate importance,
1 30 takes effect upon enactment and applies retroactively to
1 31 January 1, 1991.
1 32
1 33
1 34
1 35 RON J. CORBETT
2 1 Speaker of the House
2 2
2 3
2 4
2 5 MARY E. KRAMER
2 6 President of the Senate
2 7
2 8 I hereby certify that this bill originated in the House and
2 9 is known as House File 418, Seventy-eighth General Assembly.
2 10
2 11
2 12
2 13 ELIZABETH ISAACSON
2 14 Chief Clerk of the House
2 15 Approved , 1999
2 16
2 17
2 18
2 19 THOMAS J. VILSACK
2 20 Governor
Text: HF00417 Text: HF00419 Text: HF00400 - HF00499 Text: HF Index Bills and Amendments: General Index Bill History: General Index
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