Text: SSB03233 Text: SSB03235 Text: SSB03200 - SSB03299 Text: SSB 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. 54B. The gross receipts from all sales of
1 4 goods, wares, or merchandise, or from services rendered,
1 5 furnished, or performed which are used in the fulfillment of a
1 6 written construction contract with a nonprofit hospital
1 7 licensed pursuant to chapter 135B if all of the following
1 8 apply:
1 9 a. The sales and delivery of the goods, wares, or
1 10 merchandise, or the services rendered, furnished, or performed
1 11 occurred between July 1, 1998, and December 31, 2001.
1 12 b. The written construction contract was entered into
1 13 prior to December 31, 1999, or bonds to fund the construction
1 14 were issued prior to December 31, 1999.
1 15 c. The sales or services were purchased by a contractor as
1 16 the agent for the hospital or were purchased directly by the
1 17 hospital.
1 18 Sec. 2. REFUNDS. Refunds of taxes, interest, or penalties
1 19 which arise from claims resulting from the enactment of
1 20 section 422.45, subsection 54B, in this Act, for sales or
1 21 services occurring between July 1, 1998, and December 31,
1 22 2001, shall be limited to twenty-five thousand dollars in the
1 23 aggregate and shall not be allowed unless refund claims are
1 24 filed prior to April 1, 2002, notwithstanding any other
1 25 provision of law. If the amount of claims totals more than
1 26 twenty-five thousand dollars in the aggregate, the department
1 27 of revenue and finance shall prorate the twenty-five thousand
1 28 dollars among all claimants in relation to the amounts of the
1 29 claimants' valid claims.
1 30 Sec. 3. EFFECTIVE DATE AND RETROACTIVE APPLICABILITY
1 31 PROVISION. This Act, being deemed of immediate importance,
1 32 takes effect upon enactment and applies retroactively to July
1 33 1, 1998.
1 34 EXPLANATION
1 35 This bill provides an exemption from the sales and use
2 1 taxes for construction materials and services used in
2 2 fulfillment of a written contract with a nonprofit hospital.
2 3 This exemption only applies if three conditions are met:
2 4 1. The sales and delivery of the materials or the services
2 5 occur between July 1, 1998, and December 31, 2001.
2 6 2. The written construction contract was entered into
2 7 prior to December 31, 1999, or bonds were issued to fund the
2 8 construction prior to December 31, 1999.
2 9 3. The materials were purchased by the contractor as the
2 10 agent for the hospital or directly by the hospital.
2 11 The bill takes effect upon enactment and applies
2 12 retroactively to July 1, 1998. Because of this retroactive
2 13 applicability, refunds are allowed. However, a limit of
2 14 $25,000 in the aggregate is set on the amount of refunds.
2 15 LSB 5261SC 78
2 16 mg/gg/8
Text: SSB03233 Text: SSB03235 Text: SSB03200 - SSB03299 Text: SSB Index Bills and Amendments: General Index Bill History: General Index
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