House Amendment 8711 PAG LIN 1 1 Amend House File 2700 as follows: 1 2 #1. Page 40, by inserting after line 11 the 1 3 following: 1 4 <Sec. . 2008 Iowa Acts, Senate File 2420, 1 5 section 124, is amended by striking the section and 1 6 inserting in lieu thereof the following: 1 7 SEC. 124. Section 423.5, subsection 3, Code 2007, 1 8 as amended by this division of this Act, is amended to 1 9 read as follows: 1 10 3.TheAn excise tax at the rate of five percent 1 11 is imposed on the use of vehicles subject only to the 1 12 issuance of a certificate of title and the use of 1 13 manufactured housing, and on the use of leased 1 14 vehicles, if the lease transaction does not require 1 15 titling or registration of the vehicle, on the amount 1 16 subject to tax as calculated pursuant to section 1 17 423.26, subsection 2.> 1 18 #2. By renumbering as necessary. 1 19 1 20 1 21 1 22 HUSER of Polk 1 23 HF 2700.301 82 1 24 dea/nh/11794 1 25 1 26 1 27 1 28 1 29 1 30 1 31 1 32 1 33 1 34 1 35 1 36 1 37 1 38 1 39 1 40 1 41 1 42 1 43 1 44 1 45 1 46 1 47 1 48 1 49 1 50 -1-