Text: HSB00650 Text: HSB00652 Text: HSB00600 - HSB00699 Text: HSB Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Section 1. Section 422.45, Code Supplement 1999, is 1 2 amended by adding the following new subsection: 1 3 NEW SUBSECTION. 57. a. The gross receipts from the sale 1 4 of an article of clothing or footwear designed to be worn on 1 5 or about the human body if all of the following apply: 1 6 (1) The sales price of the article is less than one 1 7 hundred dollars. 1 8 (2) The sale takes place during a period beginning at 1 9 12:01 a.m. on the first Friday in August and ending at 1 10 midnight on the following Sunday. 1 11 b. This subsection does not apply to any of the following: 1 12 (1) Special clothing or footwear that is primarily 1 13 designed for athletic activity or protective use and that is 1 14 not normally worn except when used for the athletic activity 1 15 or protective use for which it is designed. 1 16 (2) Accessories, including jewelry, handbags, luggage, 1 17 umbrellas, wallets, watches, and similar items carried on or 1 18 about the human body, without regard to whether worn on the 1 19 body in a manner characteristic of clothing. 1 20 (3) The rental of clothing or footwear. 1 21 c. The board of supervisors of a county that has imposed 1 22 or will impose a local sales and services tax under chapter 1 23 422B or 422E may nullify the application of the exemption in 1 24 this subsection to its local sales and services tax at any 1 25 time prior to the exemption becoming applicable in a calendar 1 26 year as follows: 1 27 (1) A public hearing on the question of the nullification 1 28 of the application of the exemption in this subsection is held 1 29 prior to the vote of the board of supervisors. 1 30 (2) An ordinance to nullify the application of the 1 31 exemption in this subsection is enacted by a majority vote of 1 32 the members of the board of supervisors. 1 33 (3) The public hearing and the vote on the ordinance as 1 34 required in subparagraphs (1) and (2) are held not later than 1 35 July 1. 2 1 (4) An ordinance to nullify the application of the 2 2 exemption in this subsection once enacted continues to apply 2 3 until the ordinance is repealed in a manner similar to the 2 4 enactment of the ordinance. 2 5 Notice of the enactment or repeal of an ordinance pursuant 2 6 to this paragraph shall be sent to the department of revenue 2 7 and finance no later than July 10 of the calendar year in 2 8 which it first applies. 2 9 Sec. 2. EFFECTIVE DATE. This Act, being deemed of 2 10 immediate importance, takes effect upon enactment. 2 11 EXPLANATION 2 12 This bill provides for a sales and use tax exemption for 2 13 clothing and footwear purchased on the first Friday, Saturday, 2 14 and Sunday of August in each year. The exemption only applies 2 15 if the article of clothing or footwear purchased costs less 2 16 than $100. The exemption does not apply to special clothing 2 17 or footwear that is primarily designed for athletic or 2 18 protective use, to accessories such as jewelry, watches, 2 19 handbags, and wallets, or to the rental of clothing or 2 20 footwear. 2 21 The exemption would apply to local sales and services taxes 2 22 unless the board of supervisors enacts an ordinance that 2 23 specifies the exemption is not applicable to its local sales 2 24 and services tax. A public hearing on this ordinance must be 2 25 held prior to the taking of the vote. 2 26 The bill takes effect upon enactment. 2 27 LSB 5726HC 78 2 28 mg/as/5
Text: HSB00650 Text: HSB00652 Text: HSB00600 - HSB00699 Text: HSB Index Bills and Amendments: General Index Bill History: General Index
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