House Journal: Page 1663: Wednesday, April 30, 2003
Page 105
1 Code 2003, are amended to read as follows:
2 4. "Person" means person as defined in section
3 422.42 423.1.
4 6. "Rental price" means the consideration for
5 renting an automobile valued in money, and means the
6 same as "gross taxable services" "sales price" as
7 defined in section 422.42 423.1.
8 Sec. . Section 422C.3, Code 2003, is amended to
9 read as follows:
10 422C.3 TAX ON RENTAL OF AUTOMOBILES.
11 1. A tax of five percent is imposed upon the
12 rental price of an automobile if the rental
13 transaction is subject to the sales and services tax
14 under chapter 422 423, division IV subchapter II, or
15 the use tax under chapter 423, subchapter III. The
16 tax shall not be imposed on any rental transaction not
17 taxable under the state sales and services tax, as
18 provided in section 422.45 423.3, or the state use
19 tax, as provided in section 423.4 423.6, on automobile
20 rental receipts.
21 2. The lessor shall collect the tax by adding the
22 tax to the rental price of the automobile.
23 3. The tax, when collected, shall be stated as a
24 distinct item separate and apart from the rental price
25 of the automobile and the sales and services tax
26 imposed under chapter 422 423, division IV subchapter
27 II, or the use tax imposed under chapter 423,
28 subchapter III.
29 Sec. . Section 422C.4, Code 2003, is amended to
30 read as follows:
31 422C.4 ADMINISTRATION AND ENFORCEMENT.
32 All powers and requirements of the director of
33 revenue and finance to administer the state gross
34 receipts sales tax law under chapter 422, division IV,
35 423 are applicable to the administration of the tax
36 imposed under section 422C.3, including but not
37 limited to section 422.25, subsection 4, sections
38 422.30, 422.48 through 422.52, 422.54 through 422.58,
39 422.67, and 422.68, section 422.69, subsection 1, and
40 sections 422.70 through 422.75, section 423.14,
41 subsection 1, and sections 423.15, 423.23, 423.24,
42 423.25, 423.31, 423.33, 423.35 and 423.37 through
43 423.42, 423.45, 423.46, and 423.47. However, as an
44 exception to the powers specified in section 422.52,
45 subsection 1 423.31, the director shall only require
46 the filing of quarterly reports.
47 Sec. . Section 422E.1, subsection 1, is amended
48 to read as follows:
49 1. A local sales and services tax for school
50 infrastructure purposes may be imposed by a county on
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League of Women Voters of Iowa
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