Senate File 2323 H-8269 Amend the amendment, H-8262, to Senate File 2323, 1 as amended, passed, and reprinted by the Senate, as 2 follows: 3 1. By striking page 1, line 4, through page 5, line 4 28, and inserting: 5 < SECURE AN ADVANCED VISION FOR EDUCATION SALES TAX 6 EXTENSION 7 Sec. ___. Section 423.2, subsection 11, paragraph 8 b, subparagraph (3), Code 2016, is amended to read as 9 follows: 10 (3) Transfer one-sixth of the remaining revenues 11 to the secure an advanced vision for education fund 12 created in section 423F.2 . This subparagraph (3) is 13 repealed December 31, 2029 January 1, 2050 . 14 Sec. ___. Section 423.2, subsection 14, Code 2016, 15 is amended to read as follows: 16 14. The sales tax rate of six percent is reduced to 17 five percent beginning on January 1, 2030 2050 . 18 Sec. ___. Section 423.5, subsection 5, Code 2016, 19 is amended to read as follows: 20 5. The use tax rate of six percent is reduced to 21 five percent beginning on January 1, 2030 2050 . 22 Sec. ___. Section 423.43, subsection 1, paragraph 23 b, Code 2016, is amended to read as follows: 24 b. Subsequent to the deposit into the general fund 25 of the state and after the transfer of such revenues 26 collected under chapter 423B , the department shall 27 transfer one-sixth of such remaining revenues to the 28 secure an advanced vision for education fund created in 29 section 423F.2 . This paragraph is repealed December 30 31, 2029 January 1, 2050 . 31 Sec. ___. Section 423F.6, Code 2016, is amended to 32 read as follows: 33 423F.6 Repeal. 34 This chapter is repealed December 31, 2029 January 35 -1- H8262.3747 (3) 86 md/sc 1/ 5 #1.
1, 2050 . > 1 2. By renumbering as necessary. 2 ______________________________ DAWSON of Woodbury ______________________________ ABDUL-SAMAD of Polk ______________________________ ANDERSON of Polk ______________________________ BEARINGER of Fayette ______________________________ BENNETT of Linn ______________________________ BROWN-POWERS of Black Hawk ______________________________ COHOON of Des Moines ______________________________ FORBES of Polk -2- H8262.3747 (3) 86 md/sc 2/ 5 #2.
______________________________ GAINES of Polk ______________________________ GASKILL of Wapello ______________________________ HALL of Woodbury ______________________________ HANSON of Jefferson ______________________________ HEDDENS of Story ______________________________ HUNTER of Polk ______________________________ JACOBY of Johnson ______________________________ KEARNS of Lee ______________________________ KELLEY of Jasper -3- H8262.3747 (3) 86 md/sc 3/ 5
______________________________ KRESSIG of Black Hawk ______________________________ LENSING of Johnson ______________________________ LYKAM of Scott ______________________________ MASCHER of Johnson ______________________________ McCONKEY of Pottawattamie ______________________________ MEYER of Polk ______________________________ H. MILLER of Webster ______________________________ OLDSON of Polk ______________________________ OLSON of Polk -4- H8262.3747 (3) 86 md/sc 4/ 5
______________________________ OURTH of Warren ______________________________ PRICHARD of Floyd ______________________________ SMITH of Marshall ______________________________ STAED of Linn ______________________________ STECKMAN of Cerro Gordo ______________________________ STUTSMAN of Johnson ______________________________ T. TAYLOR of Linn ______________________________ THEDE of Scott ______________________________ WINCKLER of Scott -5- H8262.3747 (3) 86 md/sc 5/ 5