House File 655 H-1455 Amend House File 655 as follows: 1 1. Page 1, before line 1 by inserting: 2 < Section 1. Section 423.2, subsection 11, paragraph b, 3 subparagraph (3), Code 2017, is amended to read as follows: 4 (3) Transfer one-sixth of the remaining revenues to the 5 secure an advanced vision for education fund created in section 6 423F.2 . This subparagraph (3) is repealed December 31, 2029 7 January 1, 2050 . 8 Sec. ___. Section 423.2, subsection 14, Code 2017, is 9 amended to read as follows: 10 14. The sales tax rate of six percent is reduced to five 11 percent on January 1, 2030 2050 . 12 Sec. ___. Section 423.5, subsection 5, Code 2017, is amended 13 to read as follows: 14 5. The use tax rate of six percent is reduced to five 15 percent on January 1, 2030 2050 . 16 Sec. ___. Section 423.43, subsection 1, paragraph b, Code 17 2017, is amended to read as follows: 18 b. Subsequent to the deposit into the general fund of 19 the state and after the transfer of such revenues collected 20 under chapter 423B , the department shall transfer one-sixth of 21 such remaining revenues to the secure an advanced vision for 22 education fund created in section 423F.2 . This paragraph is 23 repealed December 31, 2029 January 1, 2050 . > 24 2. Page 14, after line 4 by inserting: 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 Section 423F.6, Code 2017, is amended to read as 26 follows: 27 423F.6 Repeal. 28 This chapter is repealed December 31, 2029 January 1, 2050 .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 3. Title page, line 1, by striking < local option > 30 4. By renumbering as necessary. 31 ______________________________ NIELSEN of Johnson -1- HF655.2638 (3) 87 md/rj 1/ 6 #1. #2. #3. #4.
______________________________ ABDUL-SAMAD of Polk ______________________________ ANDERSON of Polk ______________________________ BEARINGER of Fayette ______________________________ BENNETT of Linn ______________________________ BRECKENRIDGE of Jasper ______________________________ BROWN-POWERS of Black Hawk ______________________________ COHOON of Des Moines ______________________________ FINKENAUER of Dubuque ______________________________ FORBES of Polk -2- HF655.2638 (3) 87 md/rj 2/ 6
______________________________ GAINES of Polk ______________________________ GASKILL of Wapello ______________________________ HALL of Woodbury ______________________________ HANSON of Jefferson ______________________________ HEDDENS of Story ______________________________ ISENHART of Dubuque ______________________________ JACOBY of Johnson ______________________________ KACENA of Woodbury ______________________________ KEARNS of Lee -3- HF655.2638 (3) 87 md/rj 3/ 6
______________________________ KRESSIG of Black Hawk ______________________________ KURTH of Scott ______________________________ LENSING of Johnson ______________________________ MASCHER of Johnson ______________________________ McCONKEY of Pottawattamie ______________________________ MEYER of Polk ______________________________ MILLER of Webster ______________________________ OLDSON of Polk ______________________________ OLSON of Polk -4- HF655.2638 (3) 87 md/rj 4/ 6
______________________________ 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 ______________________________ T. TAYLOR of Linn ______________________________ THEDE of Scott -5- HF655.2638 (3) 87 md/rj 5/ 6
______________________________ WESSEL-KROESCHELL of Story ______________________________ WINCKLER of Scott ______________________________ WOLFE of Clinton -6- HF655.2638 (3) 87 md/rj 6/ 6