Text: S05120 Text: S05122 Text: S05100 - S05199 Text: S Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Amend Senate File 2391 as follows: 1 2 #1. Page 8, by inserting after line 31 the 1 3 following: 1 4 "Sec. . Section 422.43, subsections 2 and 3, 1 5 Code Supplement 1999, are amended to read as follows: 1 6 2. There is imposed a tax of five percent upon the 1 7 gross receipts derived from the operation of all forms 1 8 of amusement devices and games of skill, games of 1 9 chance, and raffles,andexcept bingo games, as 1 10 defined in chapter 99B, operated or conducted within 1 11 the state, the tax to be collected from the operator 1 12 in the same manner as for the collection of taxes upon 1 13 the gross receipts of tickets or admission as provided 1 14 in this section. The tax shall also be imposed upon 1 15 the gross receipts derived from the sale of lottery 1 16 tickets or shares pursuant to chapter 99E. The tax on 1 17 the lottery tickets or shares shall be included in the 1 18 sales price and distributed to the general fund as 1 19 provided in section 99E.10. 1 20 3. The tax thus imposed covers all receipts from 1 21 the operation of games of skill, games of chance, and 1 22 rafflesand bingo gamesas defined in chapter 99B, and 1 23 musical devices, weighing machines, shooting 1 24 galleries, billiard and pool tables, bowling alleys, 1 25 pinball machines, slot-operated devices selling 1 26 merchandise not subject to the general sales taxes and 1 27 on all receipts from devices or systems where prizes 1 28 are in any manner awarded to patrons and upon the 1 29 receipts from fees charged for participation in any 1 30 game or other form of amusement, and generally upon 1 31 the gross receipts from any source of amusement 1 32 operated for profit, not specified in this section, 1 33 and upon the gross receipts from which no tax is 1 34 collected for tickets or admission, but no tax shall 1 35 be imposed upon any activity exempt from sales tax 1 36 under section 422.45, subsection 3. Every person 1 37 receiving gross receipts from the sources defined in 1 38 this section is subject to all provisions of this 1 39 division relating to retail sales tax and other 1 40 provisions of this chapter as applicable. 1 41 Sec. . Section 422.45, subsection 3, Code 1 42 Supplement 1999, is amended to read as follows: 1 43 3. The gross receipts from sales of educational, 1 44 religious, or charitable activities, where the entire 1 45 proceeds from the sales are expended for educational, 1 46 religious, or charitable purposes, except the gross 1 47 receipts from games of skill, games of chance, and 1 48 rafflesand bingo gamesas defined in chapter 99B. 1 49 The gross receipts from bingo games are exempt to the 1 50 extent the gross receipts are expended for 2 1 educational, religious, or charitable purposes. This 2 2 exemption is disallowed on the amount of the gross 2 3 receipts only to the extent the gross receipts are not 2 4 expended for educational, religious, or charitable 2 5 purposes." 2 6 #2. Title page, line 3, by inserting after the 2 7 word "raffles" the following: "and providing a sales 2 8 tax exemption for certain games of chance". 2 9 2 10 2 11 2 12 MIKE CONNOLLY 2 13 SF 2391.301 78 2 14 tj/cf
Text: S05120 Text: S05122 Text: S05100 - S05199 Text: S Index Bills and Amendments: General Index Bill History: General Index
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