House Journal: Page 1805: Thursday, May 3, 2001
13 and penalties collected under this chapter shall be
14 credited to the general fund.
15 b. One-sixth of the fees, taxes, interest, and
16 penalties collected pursuant to division IV shall be
17 credited to the school district sales and use tax fund
18 created in section 293.1. This paragraph is stricken
19 July 1, 2021.
20 Sec. . Section 422E.1, Code 2001, is amended by
21 adding the following new subsection:
22 NEW SUBSECTION. 4. a. This chapter does not
23 apply to any county for the period beginning after the
24 effective date of this Act and ending January 1, 2021.
25 b. In the case of a county that has in effect on
26 March 31, 2001, a local sales and services tax for
27 school infrastructure purposes, the increase in the
28 state sales and services tax under chapter 422,
29 division IV, from five percent to six percent shall
30 replace the county's local sales and services tax for
31 school infrastructure purposes and to this extent the
32 local sales and services tax for school infrastructure
33 purposes is repealed.
34 Sec. . Section 423.2, Code 2001, is amended to
35 read as follows:
36 423.2 IMPOSITION OF TAX.
37 An excise tax is imposed on the use in this state
38 of tangible personal property, including aircraft
39 subject to registration under section 328.20,
40 purchased for use in this state, at the rate of five
41 six percent of the purchase price of the property. An
42 excise tax is imposed on the use of manufactured
43 housing in this state at the rate of five six percent
44 of the purchase price if the manufactured housing is
45 sold in the form of tangible personal property and at
46 the rate of five six percent of the installed purchase
47 price if the manufactured housing is sold in the form
48 of realty. An excise tax is imposed on the use in
49 this state of vehicles subject to registration or
50 subject only to the issuance of a certificate of title
Page 12
1 at the rate of five percent. An excise tax is imposed
2 on the use of leased vehicles at the rate of five
3 percent of the amount otherwise subject to tax as
4 calculated pursuant to section 423.7A. The excise tax
5 is imposed upon every person using the property within
6 this state until the tax has been paid directly to the
7 county treasurer or the state department of
8 transportation, to a retailer, or to the department.
9 An excise tax is imposed on the use in this state of
10 services enumerated in section 422.43 at the rate of
11 five six percent. This tax is applicable where
© 2001 Cornell College and
League of Women Voters of Iowa
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