Senate
File
475
H-1450
Amend
Senate
File
475,
as
amended,
passed,
and
reprinted
by
1
the
Senate,
as
follows:
2
1.
Page
13,
after
line
16
by
inserting:
3
<
DIVISION
___
4
SECURE
AN
ADVANCED
VISION
FOR
EDUCATION
——
FUND
AND
SALES
5
TAX-RELATED
PROVISIONS
6
Sec.
___.
Section
423.2,
subsection
11,
paragraph
b,
7
subparagraph
(3),
Code
2017,
is
amended
to
read
as
follows:
8
(3)
Transfer
one-sixth
of
the
remaining
revenues
to
the
9
secure
an
advanced
vision
for
education
fund
created
in
section
10
423F.2
.
This
subparagraph
(3)
is
repealed
December
31,
2029
11
January
1,
2050
.
12
Sec.
___.
Section
423.2,
subsection
14,
Code
2017,
is
13
amended
to
read
as
follows:
14
14.
The
sales
tax
rate
of
six
percent
is
reduced
to
five
15
percent
on
January
1,
2030
2050
.
16
Sec.
___.
Section
423.5,
subsection
5,
Code
2017,
is
amended
17
to
read
as
follows:
18
5.
The
use
tax
rate
of
six
percent
is
reduced
to
five
19
percent
on
January
1,
2030
2050
.
20
Sec.
___.
Section
423.43,
subsection
1,
paragraph
b,
Code
21
2017,
is
amended
to
read
as
follows:
22
b.
Subsequent
to
the
deposit
into
the
general
fund
of
23
the
state
and
after
the
transfer
of
such
revenues
collected
24
under
chapter
423B
,
the
department
shall
transfer
one-sixth
of
25
such
remaining
revenues
to
the
secure
an
advanced
vision
for
26
education
fund
created
in
section
423F.2
.
This
paragraph
is
27
repealed
December
31,
2029
January
1,
2050
.
28
Sec.
___.
Section
423F.6,
Code
2017,
is
amended
to
read
as
29
follows:
30
423F.6
Repeal.
31
This
chapter
is
repealed
December
31,
2029
January
1,
2050
.
>
32
2.
Title
page,
line
3,
by
striking
<
and
>
33
3.
Title
page,
line
4,
after
<
screenings,
>
by
inserting
<
and
34
to
extending
the
period
of
time
for
collecting
sales
tax
for
35
-1-
SF475.2640
(3)
87
kh/rj
1/
6
#1.
#2.
deposit
in
the
secure
an
advanced
vision
for
education
fund,
>
1
4.
By
renumbering
as
necessary.
2
______________________________
NIELSEN
of
Johnson
______________________________
ABDUL-SAMAD
of
Polk
______________________________
ANDERSON
of
Polk
______________________________
BENNETT
of
Linn
______________________________
BRECKENRIDGE
of
Jasper
______________________________
BROWN-POWERS
of
Black
Hawk
______________________________
COHOON
of
Des
Moines
______________________________
FINKENAUER
of
Dubuque
-2-
SF475.2640
(3)
87
kh/rj
2/
6
#4.
______________________________
FORBES
of
Polk
______________________________
GAINES
of
Polk
______________________________
GASKILL
of
Wapello
______________________________
HALL
of
Woodbury
______________________________
HANSON
of
Jefferson
______________________________
HEDDENS
of
Story
______________________________
HUNTER
of
Polk
______________________________
ISENHART
of
Dubuque
______________________________
JACOBY
of
Johnson
-3-
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(3)
87
kh/rj
3/
6
______________________________
KACENA
of
Woodbury
______________________________
KEARNS
of
Lee
______________________________
KRESSIG
of
Black
Hawk
______________________________
KURTH
of
Scott
______________________________
LENSING
of
Johnson
______________________________
MASCHER
of
Johnson
______________________________
McCONKEY
of
Pottawattamie
______________________________
MEYER
of
Polk
______________________________
MILLER
of
Webster
-4-
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(3)
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kh/rj
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6
______________________________
OLDSON
of
Polk
______________________________
OLSON
of
Polk
______________________________
OURTH
of
Warren
______________________________
PRICHARD
of
Floyd
______________________________
RUNNING-MARQUARDT
of
Linn
______________________________
M.
SMITH
of
Marshall
______________________________
R.
SMITH
of
Black
Hawk
______________________________
STAED
of
Linn
______________________________
STECKMAN
of
Cerro
Gordo
-5-
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(3)
87
kh/rj
5/
6
______________________________
T.
TAYLOR
of
Linn
______________________________
THEDE
of
Scott
______________________________
WESSEL-KROESCHELL
of
Story
______________________________
WINCKLER
of
Scott
______________________________
WOLFE
of
Clinton
-6-
SF475.2640
(3)
87
kh/rj
6/
6