Text: H08465 Text: H08467 Text: H08400 - H08499 Text: H Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Amend House File 2574 as follows: 1 2 #1. Page 2, by inserting after line 29 the 1 3 following: 1 4 "Sec. . Section 423.3, as enacted by 2003 Iowa 1 5 Acts, First Extraordinary Session, chapter 2, section 1 6 96, is amended by adding the following new subsection: 1 7 NEW SUBSECTION. 84. The sales price from the sale 1 8 of building materials, supplies, goods, wares, or 1 9 merchandise sold to a nonprofit Iowa affiliate of a 1 10 nonprofit international organization whose primary 1 11 activity is the promotion of the construction, 1 12 remodeling, or rehabilitation of one or two-family 1 13 dwellings for use by low-income families and where the 1 14 building materials, supplies, goods, wares, or 1 15 merchandise are used in the construction, remodeling, 1 16 or rehabilitation of such dwellings. 1 17 Sec. . Section 423.4, subsection 1, as enacted 1 18 by 2003 Iowa Acts, First Extraordinary Session, 1 19 chapter 2, section 97, is amended to read as follows: 1 20 1. A private nonprofit educational institution in 1 21 this state, nonprofit Iowa affiliate of a nonprofit 1 22 international organization whose primary activity is 1 23 the promotion of the construction, remodeling, or 1 24 rehabilitation of one or two-family dwellings for low- 1 25 income families, nonprofit private museum in this 1 26 state, tax-certifying or tax-levying body or 1 27 governmental subdivision of the state, including the 1 28 state board of regents, state department of human 1 29 services, state department of transportation, a 1 30 municipally owned solid waste facility which sells all 1 31 or part of its processed waste as fuel to a 1 32 municipally owned public utility, and all divisions, 1 33 boards, commissions, agencies, or instrumentalities of 1 34 state, federal, county, or municipal government which 1 35 do not have earnings going to the benefit of an equity 1 36 investor or stockholder, may make application to the 1 37 department for the refund of the sales or use tax upon 1 38 the sales price of all sales of goods, wares, or 1 39 merchandise, or from services furnished to a 1 40 contractor, used in the fulfillment of a written 1 41 contract with the state of Iowa, any political 1 42 subdivision of the state, or a division, board, 1 43 commission, agency, or instrumentality of the state or 1 44 a political subdivision, a private nonprofit 1 45 educational institution in this state, such nonprofit 1 46 Iowa affiliate, or a nonprofit private museum in this 1 47 state if the property becomes an integral part of the 1 48 project under contract and at the completion of the 1 49 project becomes public property, is devoted to 1 50 educational uses, becomes part of a low-income one or 2 1 two-family dwelling in the state,orbecomes a 2 2 nonprofit private museum; except goods, wares, or 2 3 merchandise, or services furnished which are used in 2 4 the performance of any contract in connection with the 2 5 operation of any municipal utility engaged in selling 2 6 gas, electricity, or heat to the general public or in 2 7 connection with the operation of a municipal pay 2 8 television system; and except goods, wares, and 2 9 merchandise used in the performance of a contract for 2 10 a "project" under chapter 419 as defined in that 2 11 chapter other than goods, wares, or merchandise used 2 12 in the performance of a contract for a "project" under 2 13 chapter 419 for which a bond issue was approved by a 2 14 municipality prior to July 1, 1968, or for which the 2 15 goods, wares, or merchandise becomes an integral part 2 16 of the project under contract and at the completion of 2 17 the project becomes public property or is devoted to 2 18 educational uses. 2 19 a. Such contractor shall state under oath, on 2 20 forms provided by the department, the amount of such 2 21 sales of goods, wares, or merchandise, or services 2 22 furnished and used in the performance of such 2 23 contract, and upon which sales or use tax has been 2 24 paid, and shall file such forms with the governmental 2 25 unit, private nonprofit educational institution, such 2 26 nonprofit Iowa affiliate, or nonprofit private museum 2 27 which has made any written contract for performance by 2 28 the contractor. The forms shall be filed by the 2 29 contractor with the governmental unit, educational 2 30 institution, such nonprofit Iowa affiliate, or 2 31 nonprofit private museum before final settlement is 2 32 made. 2 33 b. Such governmental unit, educational 2 34 institution, nonprofit Iowa affiliate, or nonprofit 2 35 private museum shall, not more than one year after the 2 36 final settlement has been made, make application to 2 37 the department for any refund of the amount of the 2 38 sales or use tax which shall have been paid upon any 2 39 goods, wares, or merchandise, or services furnished, 2 40 the application to be made in the manner and upon 2 41 forms to be provided by the department, and the 2 42 department shall forthwith audit the claim and, if 2 43 approved, issue a warrant to the governmental unit, 2 44 educational institution, or nonprofit private museum 2 45 in the amount of the sales or use tax which has been 2 46 paid to the state of Iowa under the contract. 2 47 Refunds authorized under this subsection shall 2 48 accrue interest at the rate in effect under section 2 49 421.7 from the first day of the second calendar month 2 50 following the date the refund claim is received by the 3 1 department. 3 2 c. Any contractor who willfully makes a false 3 3 report of tax paid under the provisions of this 3 4 subsection is guilty of a simple misdemeanor and in 3 5 addition shall be liable for the payment of the tax 3 6 and any applicable penalty and interest." 3 7 3 8 3 9 3 10 KURTENBACH of Story 3 11 HF 2574.501 80 3 12 mg/pj
Text: H08465 Text: H08467 Text: H08400 - H08499 Text: H Index Bills and Amendments: General Index Bill History: General Index
© 2004 Cornell College and League of Women Voters of Iowa
Comments about this site or page?
webmaster@legis.iowa.gov.
Please remember that the person listed above does not vote on bills. Direct all comments concerning legislation to State Legislators.
Last update: Tue Apr 13 03:31:13 CDT 2004
URL: /DOCS/GA/80GA/Legislation/H/08400/H08466/040412.html
jhf