House File 546 HOUSE FILE BY COMMITTEE ON ECONOMIC GROWTH (SUCCESSOR TO HSB 13) Passed House, Date Passed Senate, Date Vote: Ayes Nays Vote: Ayes Nays Approved A BILL FOR 1 An Act creating a sales tax exemption for certain equipment sold 2 for use in a warehouse or distribution center. 3 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 4 TLSB 1460HV 80 5 tm/pj/5 PAG LIN 1 1 Section 1. Section 422.45, Code 2003, is amended by adding 1 2 the following new subsection: 1 3 NEW SUBSECTION. 64. The gross receipts from the sale of 1 4 racks, shelving, and conveyor equipment to be used in a 1 5 warehouse or distribution center. 1 6 EXPLANATION 1 7 This bill creates a sales tax exemption for the gross 1 8 receipts from the sale of racks, shelving, and conveyor 1 9 equipment to be used in a warehouse or distribution center. 1 10 LSB 1460HV 80 1 11 tm/pj/5 1 12 1 13 1 14 1 15 1 16 1 17 1 18 1 19 1 20 1 21 1 22 1 23 1 24 1 25 1 26 1 27 1 28 1 29 1 30 1 31 1 32 1 33 1 34 1 35