Text: HF00127 Text: HF00129 Text: HF00100 - HF00199 Text: HF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN
1 1 Section 1. Section 422.45, Code 2001, is amended by adding
1 2 the following new subsection:
1 3 NEW SUBSECTION. 60. a. Subject to paragraph "b", the
1 4 gross receipts from the sale, furnishing, or service of
1 5 metered gas for residential customers and the gross receipts
1 6 from the sale, furnishing, or service of fuel, including
1 7 propane and heating oil, used to provide heat for residential
1 8 customers.
1 9 b. The exemption in this subsection shall be phased in by
1 10 means of a reduction in the tax rate as follows:
1 11 (1) If the date of the utility billing of the customer for
1 12 the sale, furnishing, or service of metered gas is between
1 13 March 1, 2001, and December 31, 2001, or the sale, furnishing,
1 14 or service of fuel for heating purposes occurs between March
1 15 1, 2001, and December 31, 2001, the rate of tax is four
1 16 percent of the gross receipts.
1 17 (2) If the date of the utility billing of the customer for
1 18 the sale, furnishing, or service of metered gas is between
1 19 January 1, 2002, and December 31, 2002, or the sale,
1 20 furnishing, or service of fuel for heating purposes occurs
1 21 between January 1, 2002, and December 31, 2002, the rate of
1 22 tax is three percent of the gross receipts.
1 23 (3) If the date of the utility billing of the customer for
1 24 the sale, furnishing, or service of metered gas is between
1 25 January 1, 2003, and December 31, 2003, or the sale,
1 26 furnishing, or service of fuel for heating purposes occurs
1 27 between January 1, 2003, and December 31, 2003, the rate of
1 28 tax is two percent of the gross receipts.
1 29 (4) If the date of the utility billing of the customer for
1 30 the sale, furnishing, or service of metered gas is between
1 31 January 1, 2004, and December 31, 2004, or the sale,
1 32 furnishing, or service of fuel for heating purposes occurs
1 33 between January 1, 2004, and December 31, 2004, the rate of
1 34 tax is one percent of the gross receipts.
1 35 (5) If the date of the utility billing of the customer for
2 1 the sale, furnishing, or service of metered gas is on or after
2 2 January 1, 2005, or the sale, furnishing, or service of fuel
2 3 for heating purposes occurs on or after January 1, 2005, the
2 4 rate of tax is zero percent of the gross receipts.
2 5 Sec. 2. EFFECTIVE DATE. This Act, being deemed of
2 6 immediate importance, takes effect upon enactment.
2 7 EXPLANATION
2 8 This bill phases out the sales and use taxes on the gross
2 9 receipts from the sale, furnishing, or service of metered gas
2 10 and of fuel, including propane and heating oil, used for
2 11 residential-type dwellings. The bill reduces the 5 percent
2 12 sales and use tax rate to 4 percent for the period March 1,
2 13 2001, through December 31, 2001. The rate is reduced an
2 14 additional 1 percentage point at the beginning of subsequent
2 15 calendar years until there no longer is a tax on such gas and
2 16 fuel.
2 17 The bill takes effect upon enactment.
2 18 LSB 1986HH 79
2 19 mg/gg/8
Text: HF00127 Text: HF00129 Text: HF00100 - HF00199 Text: HF Index Bills and Amendments: General Index Bill History: General Index
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