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Bills and Amendments: General Index     Bill History: General Index

Senate Study Bill 1001

Bill Text

PAG LIN
  1  1    Section 1.  Section 422.45, Code 1999, is amended by adding
  1  2 the following new subsection:
  1  3    NEW SUBSECTION.  38D.  The gross receipts from the sale of
  1  4 aircraft delivered in this state to a bona fide resident of
  1  5 another state, which aircraft will not be registered or based
  1  6 in this state and which will not remain in this state for more
  1  7 than ten days after the delivery of the aircraft.  For
  1  8 purposes of this subsection, "aircraft" means the same as
  1  9 defined in section 328.1.
  1 10    Sec. 2.  Section 422B.8, unnumbered paragraph 1, Code 1999,
  1 11 is amended to read as follows:
  1 12    A local sales and services tax at the rate of not more than
  1 13 one percent may be imposed by a county on the gross receipts
  1 14 taxed by the state under chapter 422, division IV.  A local
  1 15 sales and services tax shall be imposed on the same basis as
  1 16 the state sales and services tax and may shall not be imposed
  1 17 on the sale of any property or on any service not taxed by the
  1 18 state, except the tax shall not be imposed on the gross
  1 19 receipts from the sale of motor fuel or special fuel as
  1 20 defined in chapter 452A, on the gross receipts from the rental
  1 21 of rooms, apartments, or sleeping quarters which are taxed
  1 22 under chapter 422A during the period the hotel and motel tax
  1 23 is imposed, on the gross receipts from the sale of natural gas
  1 24 or electric energy in a city or county where the gross
  1 25 receipts are subject to a franchise fee or user fee during the
  1 26 period the franchise or user fee is imposed, on the gross
  1 27 receipts from the sale of equipment by the state department of
  1 28 transportation, on the gross receipts from the sale of
  1 29 aircraft as defined in section 328.1, and on the gross
  1 30 receipts from the sale of a lottery ticket or share in a
  1 31 lottery game conducted pursuant to chapter 99E.  A local sales
  1 32 and services tax is applicable to transactions within those
  1 33 incorporated and unincorporated areas of the county where it
  1 34 is imposed and shall be collected by all persons required to
  1 35 collect state gross receipts taxes.  All cities contiguous to
  2  1 each other shall be treated as part of one incorporated area
  2  2 and the tax would be imposed in each of those contiguous
  2  3 cities only if the majority of those voting in the total area
  2  4 covered by the contiguous cities favor its imposition.
  2  5    Sec. 3.  Section 422E.3, subsection 2, Code 1999, is
  2  6 amended to read as follows:
  2  7    2.  The tax shall be imposed on the same basis as the state
  2  8 sales and services tax and shall not be imposed on the sale of
  2  9 any property or on any service not taxed by the state, except
  2 10 the tax shall not be imposed on the gross receipts from the
  2 11 sale of motor fuel or special fuel as defined in chapter 452A,
  2 12 on the gross receipts from the rental of rooms, apartments, or
  2 13 sleeping quarters which are taxed under chapter 422A during
  2 14 the period the hotel and motel tax is imposed, on the gross
  2 15 receipts from the sale of equipment by the state department of
  2 16 transportation, on the gross receipts from the sale of
  2 17 aircraft as defined in section 328.1, and on the gross
  2 18 receipts from the sale of a lottery ticket or share in a
  2 19 lottery game conducted pursuant to chapter 99E.  
  2 20                           EXPLANATION
  2 21    Section 1 of this bill exempts from the state sales and use
  2 22 taxes aircraft sold to nonresidents who do not register the
  2 23 aircraft within the state and remove the aircraft from the
  2 24 state within 10 days after delivery of the aircraft.
  2 25    Sections 2 and 3 exempt the sales of all aircraft from
  2 26 local option sales and services tax.  
  2 27 LSB 1400SC 78
  2 28 mg/sc/14

Text: SSB01000                          Text: SSB01002
Text: SSB01000 - SSB01099               Text: SSB Index
Bills and Amendments: General Index     Bill History: General Index

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