Text: HF00002 Text: HF00000 - HF00099 Text: HF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 HOUSE FILE 1 1 2 1 3 AN ACT 1 4 RELATING TO THE EXEMPTION FROM THE SALES AND USE TAXES OF THE 1 5 GROSS RECEIPTS FROM THE SALE, FURNISHING, OR SERVICE OF 1 6 METERED GAS AND OF FUEL USED IN RESIDENTIAL-TYPE DWELLINGS 1 7 AND INCLUDING AN EFFECTIVE DATE. 1 8 1 9 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 1 10 1 11 Section 1. Section 422.45, Code 2001, is amended by adding 1 12 the following new subsection: 1 13 NEW SUBSECTION. 60. a. The gross receipts from the sale, 1 14 furnishing, or service of metered gas to provide energy for 1 15 residential customers and the gross receipts from the sale, 1 16 furnishing, or service of fuel, including propane and heating 1 17 oil, used to provide heat for residential dwellings and units 1 18 of apartment and condominium complexes used for human 1 19 occupancy. 1 20 b. Paragraph "a" applies to the gross receipts from the 1 21 sale, furnishing, or service of metered gas for energy if the 1 22 date of the utility billing of the customer is during March 1 23 2001, or April 2001, or applies to the gross receipts from the 1 24 sale, furnishing, or service of fuel used for heating purposes 1 25 if such sale, furnishing, or service occurs during the period 1 26 beginning with the effective date of this Act and ending on 1 27 March 31, 2001. 1 28 Sec. 2. Section 422.45, Code 2001, is amended by adding 1 29 the following new subsection: 1 30 NEW SUBSECTION. 61. a. Subject to paragraph "b", the 1 31 gross receipts from the sale, furnishing, or service of 1 32 metered gas and electricity to provide energy for residential 1 33 customers and the gross receipts from the sale, furnishing, or 1 34 service of fuel, including propane and heating oil, used to 1 35 provide heat for residential dwellings and units of apartment 2 1 and condominium complexes used for human occupancy. 2 2 b. The exemption in this subsection shall be phased in by 2 3 means of a reduction in the tax rate as follows: 2 4 (1) If the date of the utility billing of the customer for 2 5 the sale, furnishing, or service of metered gas and 2 6 electricity is between January 1, 2002, and December 31, 2002, 2 7 or the sale, furnishing, or service of fuel for heating 2 8 purposes occurs between January 1, 2002, and December 31, 2 9 2002, the rate of tax is four percent of the gross receipts. 2 10 (2) If the date of the utility billing of the customer for 2 11 the sale, furnishing, or service of metered gas and 2 12 electricity is between January 1, 2003, and December 31, 2003, 2 13 or the sale, furnishing, or service of fuel for heating 2 14 purposes occurs between January 1, 2003, and December 31, 2 15 2003, the rate of tax is three percent of the gross receipts. 2 16 (3) If the date of the utility billing of the customer for 2 17 the sale, furnishing, or service of metered gas and 2 18 electricity is between January 1, 2004, and December 31, 2004, 2 19 or the sale, furnishing, or service of fuel for heating 2 20 purposes occurs between January 1, 2004, and December 31, 2 21 2004, the rate of tax is two percent of the gross receipts. 2 22 (4) If the date of the utility billing of the customer for 2 23 the sale, furnishing, or service of metered gas and 2 24 electricity is between January 1, 2005, and December 31, 2005, 2 25 or the sale, furnishing, or service of fuel for heating 2 26 purposes occurs between January 1, 2005, and December 31, 2 27 2005, the rate of tax is one percent of the gross receipts. 2 28 (5) If the date of the utility billing of the customer for 2 29 the sale, furnishing, or service of metered gas and 2 30 electricity is on or after January 1, 2006, or the sale, 2 31 furnishing, or service of fuel for heating purposes occurs on 2 32 or after January 1, 2006, the rate of tax is zero percent of 2 33 the gross receipts. 2 34 c. The exemption in this subsection does not apply to 2 35 local option sales and services tax imposed pursuant to 3 1 chapters 422B and 422E. 3 2 Sec. 3. If a utility that sells, furnishes, or services 3 3 metered gas to provide energy for residential customers is 3 4 unable to timely adjust its billing system to provide the 3 5 sales and use tax exemption provided in section 1 of this Act, 3 6 the utility is authorized to charge the sales or use tax on 3 7 utility bills that are dated during March 2001 or until the 3 8 billing system is adjusted for the sales and use tax exemption 3 9 provided in section 1 of this Act. The utility shall grant to 3 10 each residential customer from which the tax was collected on 3 11 such gross receipts a credit equal to the amount of tax 3 12 collected. The credit shall appear on the first utility 3 13 billing which is dated after March 31, 2001. The department 3 14 of revenue is granted emergency rulemaking authority to 3 15 implement this section. 3 16 Sec. 4. This Act, being deemed of immediate importance, 3 17 takes effect upon enactment. 3 18 3 19 3 20 3 21 BRENT SIEGRIST 3 22 Speaker of the House 3 23 3 24 3 25 3 26 MARY E. KRAMER 3 27 President of the Senate 3 28 3 29 I hereby certify that this bill originated in the House and 3 30 is known as House File 1, Seventy-ninth General Assembly. 3 31 3 32 3 33 3 34 MARGARET THOMSON 3 35 Chief Clerk of the House 4 1 Approved , 2001 4 2 4 3 4 4 4 5 THOMAS J. VILSACK 4 6 Governor
Text: HF00002 Text: HF00000 - HF00099 Text: HF Index Bills and Amendments: General Index Bill History: General Index
© 2001 Cornell College and League of Women Voters of Iowa
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