Text: HF02238                           Text: HF02240
Text: HF02200 - HF02299                 Text: HF Index
Bills and Amendments: General Index     Bill History: General Index



House File 2239

Partial Bill History

Bill Text

PAG LIN
  1  1    Section 1.  Section 422.45, Code Supplement 2001, is
  1  2 amended by adding the following new subsection:
  1  3    NEW SUBSECTION.  63.  The gross receipts from services
  1  4 rendered, furnished, or performed for the production of master
  1  5 audio, video, film, or digital recordings or similar media.
  1  6    Sec. 2.  REFUNDS.  Refunds of taxes, interest, or penalties
  1  7 which arise from claims resulting from the enactment of
  1  8 section 422.45, subsection 63, in this Act, for sales
  1  9 occurring between January 1, 1994, and the effective date of
  1 10 this Act, shall be limited to twenty-five thousand dollars in
  1 11 the aggregate and shall not be allowed unless refund claims
  1 12 are filed prior to October 1, 2002, notwithstanding any other
  1 13 provision of law.  If the amount of claims totals more than
  1 14 twenty-five thousand dollars in the aggregate, the department
  1 15 of revenue and finance shall prorate the twenty-five thousand
  1 16 dollars among all claimants in relation to the amounts of the
  1 17 claimants' valid claims.
  1 18    Sec. 3.  EFFECTIVE DATE AND RETROACTIVE APPLICABILITY
  1 19 PROVISION.  This Act, being deemed of immediate importance,
  1 20 takes effect upon enactment and applies retroactively to
  1 21 January 1, 1994.  
  1 22                           EXPLANATION
  1 23    This bill exempts from state sales and use taxes the
  1 24 providing of services for the production of master audio,
  1 25 video, film, or digital recordings or similar media.  The bill
  1 26 takes effect upon enactment and applies retroactively to
  1 27 January 1, 1994.  Because of the retroactive applicability
  1 28 provision, refunds of any taxes are limited to $25,000.  
  1 29 LSB 5622HH 79
  1 30 mg/sh/8
     

Text: HF02238                           Text: HF02240
Text: HF02200 - HF02299                 Text: HF Index
Bills and Amendments: General Index     Bill History: General Index

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