House Journal: Page 1804: Thursday, May 3, 2001
14 gross receipts from the sales of prepaid telephone
15 calling cards and prepaid authorization numbers. For
16 the purpose of this division, the sales of prepaid
17 telephone calling cards and prepaid authorization
18 numbers are sales of tangible personal property.
19 Sec. . Section 422.43, subsection 13, paragraph
20 a, unnumbered paragraph 1, Code 2001, is amended to
21 read as follows:
22 A tax of five six percent is imposed upon the gross
23 receipts from the sales, furnishing, or service of
24 solid waste collection and disposal service.
25 Sec. . Section 422.43, Code 2001, is amended by
26 adding the following new subsection:
27 NEW SUBSECTION. 16. The sales tax rate of six
28 percent is reduced to five percent on July 1, 2021.
29 Sec. . Section 422.47, subsection 2, Code 2001,
30 is amended to read as follows:
31 2. Construction contractors may make application
32 to the department for a refund of the additional one
33 percent tax paid under this division or the additional
34 one percent tax paid under chapter 423 by reason of
35 the increase in the tax from four to five to six
36 percent for taxes paid on goods, wares, or merchandise
37 under the following conditions:
38 a. The goods, wares, or merchandise are
39 incorporated into an improvement to real estate in
40 fulfillment of a written contract fully executed prior
41 to July 1, 1992 2001. The refund shall not apply to
42 equipment transferred in fulfillment of a mixed
43 construction contract.
44 b. The contractor has paid to the department or to
45 a retailer the full five six percent tax.
46 c. The claim is filed on forms provided by the
47 department and is filed within one year of the date
48 the tax is paid.
49 A contractor who makes an erroneous application for
50 refund shall be liable for payment of the excess
Page 11
1 refund paid plus interest at the rate in effect under
2 section 421.7. In addition, a contractor who
3 willfully makes a false application for refund is
4 guilty of a simple misdemeanor and is liable for a
5 penalty equal to fifty percent of the excess refund
6 claimed. Excess refunds, penalties, and interest due
7 under this subsection may be enforced and collected in
8 the same manner as the tax imposed by this division.
9 Sec. . Section 422.69, subsection 2, Code 2001,
10 is amended to read as follows:
11 2. a. Unless Except as provided in paragraph "b",
12 or as otherwise provided, the fees, taxes, interest
© 2001 Cornell College and
League of Women Voters of Iowa
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