House File 573 H-1454 Amend the Senate amendment, H-1443, to House File 573, as 1 passed by the House, as follows: 2 1. Page 1, after line 18 by inserting: 3 < Sec. ___. Section 423.2, subsection 11, paragraph b, 4 subparagraph (3), Code 2017, is amended to read as follows: 5 (3) Transfer one-sixth of the remaining revenues to the 6 secure an advanced vision for education fund created in section 7 423F.2 . This subparagraph (3) is repealed December 31, 2029 8 January 1, 2050 . 9 Sec. ___. Section 423.2, subsection 14, Code 2017, is 10 amended to read as follows: 11 14. The sales tax rate of six percent is reduced to five 12 percent on January 1, 2030 2050 . 13 Sec. ___. Section 423.5, subsection 5, Code 2017, is amended 14 to read as follows: 15 5. The use tax rate of six percent is reduced to five 16 percent on January 1, 2030 2050 . 17 Sec. ___. Section 423.43, subsection 1, paragraph b, Code 18 2017, is amended to read as follows: 19 b. Subsequent to the deposit into the general fund of 20 the state and after the transfer of such revenues collected 21 under chapter 423B , the department shall transfer one-sixth of 22 such remaining revenues to the secure an advanced vision for 23 education fund created in section 423F.2 . This paragraph is 24 repealed December 31, 2029 January 1, 2050 . 25 Sec. ___. Section 423F.6, Code 2017, is amended to read as 26 follows: 27 423F.6 Repeal. 28 This chapter is repealed December 31, 2029 January 1, 2050 . 29 ___. Title page, line 3, after < assembly, > by inserting 30 < to related sales taxes devoted for school infrastructure 31 purposes, >> 32 2. By renumbering as necessary. 33 -1- H1443.2698 (3) 87 kh/rj 1/ 2 #1.