Text: HF02562 Text: HF02564 Text: HF02500 - HF02599 Text: HF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 HOUSE FILE 2563 1 2 1 3 AN ACT 1 4 EXEMPTING FROM THE SALES AND USE TAXES THE GROSS RECEIPTS FROM 1 5 ALL SALES OF GOODS AND SERVICES USED IN FULFILLMENT OF A 1 6 CONSTRUCTION CONTRACT FOR A NONPROFIT HOSPITAL, PROVIDING FOR 1 7 REFUNDS, AND INCLUDING AN EFFECTIVE AND RETROACTIVE APPLICA- 1 8 BILITY DATE PROVISION. 1 9 1 10 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 1 11 1 12 Section 1. Section 422.45, Code Supplement 1999, is 1 13 amended by adding the following new subsection: 1 14 NEW SUBSECTION. 54B. The gross receipts from all sales of 1 15 goods, wares, or merchandise, or from services rendered, 1 16 furnished, or performed which are used in the fulfillment of a 1 17 written construction contract with a nonprofit hospital 1 18 licensed pursuant to chapter 135B if all of the following 1 19 apply: 1 20 a. The sales and delivery of the goods, wares, or 1 21 merchandise, or the services rendered, furnished, or performed 1 22 occurred between July 1, 1998, and December 31, 2001. 1 23 b. The written construction contract was entered into 1 24 prior to December 31, 1999, or bonds to fund the construction 1 25 were issued prior to December 31, 1999. 1 26 c. The sales or services were purchased by a contractor as 1 27 the agent for the hospital or were purchased directly by the 1 28 hospital. 1 29 Sec. 2. REFUNDS. Refunds of taxes, interest, or penalties 1 30 which arise from claims resulting from the enactment of 1 31 section 422.45, subsection 54B, in this Act, for sales or 1 32 services occurring between July 1, 1998, and December 31, 1 33 2001, shall be limited to twenty-five thousand dollars in the 1 34 aggregate and shall not be allowed unless refund claims are 1 35 filed prior to April 1, 2002, notwithstanding any other 2 1 provision of law. If the amount of claims totals more than 2 2 twenty-five thousand dollars in the aggregate, the department 2 3 of revenue and finance shall prorate the twenty-five thousand 2 4 dollars among all claimants in relation to the amounts of the 2 5 claimants' valid claims. 2 6 Sec. 3. EFFECTIVE DATE AND RETROACTIVE APPLICABILITY 2 7 PROVISION. This Act, being deemed of immediate importance, 2 8 takes effect upon enactment and applies retroactively to July 2 9 1, 1998. 2 10 2 11 2 12 2 13 BRENT SIEGRIST 2 14 Speaker of the House 2 15 2 16 2 17 2 18 MARY E. KRAMER 2 19 President of the Senate 2 20 2 21 I hereby certify that this bill originated in the House and 2 22 is known as House File 2563, Seventy-eighth General Assembly. 2 23 2 24 2 25 2 26 ELIZABETH ISAACSON 2 27 Chief Clerk of the House 2 28 Approved , 2000 2 29 2 30 2 31 2 32 THOMAS J. VILSACK 2 33 Governor
Text: HF02562 Text: HF02564 Text: HF02500 - HF02599 Text: HF Index Bills and Amendments: General Index Bill History: General Index
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