Text: HF02350 Text: HF02352 Text: HF02300 - HF02399 Text: HF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 HOUSE FILE 2351 1 2 1 3 AN ACT 1 4 RELATING TO A SALES AND USE TAX EXEMPTION FOR THE SALES OF 1 5 CLOTHING AND FOOTWEAR FOR A LIMITED TIME PERIOD ANNUALLY AND 1 6 INCLUDING AN EFFECTIVE DATE. 1 7 1 8 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 1 9 1 10 Section 1. Section 422.45, Code Supplement 1999, is 1 11 amended by adding the following new subsection: 1 12 NEW SUBSECTION. 57. a. The gross receipts from the sale 1 13 of an article of clothing or footwear designed to be worn on 1 14 or about the human body if all of the following apply: 1 15 (1) The sales price of the article is less than one 1 16 hundred dollars. 1 17 (2) The sale takes place during a period beginning at 1 18 12:01 a.m. on the first Friday in August and ending at 1 19 midnight on the following Saturday. 1 20 b. This subsection does not apply to any of the following: 1 21 (1) Special clothing or footwear that is primarily 1 22 designed for athletic activity or protective use and that is 1 23 not normally worn except when used for the athletic activity 1 24 or protective use for which it is designed. 1 25 (2) Accessories, including jewelry, handbags, luggage, 1 26 umbrellas, wallets, watches, and similar items carried on or 1 27 about the human body, without regard to whether worn on the 1 28 body in a manner characteristic of clothing. 1 29 (3) The rental of clothing or footwear. 1 30 Sec. 2. During the regular session of the general assembly 1 31 convening in 2002, the appropriate committees shall review the 1 32 impact that the exemption enacted in section 1 of this Act has 1 33 had in the economy and tax revenues of the state. After 1 34 reviewing such impact, the appropriate committees shall 1 35 consider the benefits of expanding the exemption enacted in 2 1 section 1 of this Act to apply to sales of articles of 2 2 clothing and footwear regardless of when such sales take 2 3 place. 2 4 Sec. 3. EFFECTIVE DATE. This Act, being deemed of 2 5 immediate importance, takes effect upon enactment. 2 6 2 7 2 8 2 9 BRENT SIEGRIST 2 10 Speaker of the House 2 11 2 12 2 13 2 14 MARY E. KRAMER 2 15 President of the Senate 2 16 2 17 I hereby certify that this bill originated in the House and 2 18 is known as House File 2351, Seventy-eighth General Assembly. 2 19 2 20 2 21 2 22 ELIZABETH ISAACSON 2 23 Chief Clerk of the House 2 24 Approved , 2000 2 25 2 26 2 27 2 28 THOMAS J. VILSACK 2 29 Governor
Text: HF02350 Text: HF02352 Text: HF02300 - HF02399 Text: HF Index Bills and Amendments: General Index Bill History: General Index
© 2000 Cornell College and League of Women Voters of Iowa
Comments about this site or page?
webmaster@legis.iowa.gov.
Please remember that the person listed above does not vote on bills. Direct all comments concerning legislation to State Legislators.
Last update: Wed Oct 4 03:35:01 CDT 2000
URL: /DOCS/GA/78GA/Legislation/HF/02300/HF02351/000425.html
jhf