House File 645 HOUSE FILE BY JENKINS Passed House, Date Passed Senate, Date Vote: Ayes Nays Vote: Ayes Nays Approved A BILL FOR 1 An Act providing a sales and use tax exemption for soy=based 2 railroad rail lubricants. 3 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 4 TLSB 2705HH 80 5 mg/cf/24 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 soy=based railroad rail lubricants. 1 5 EXPLANATION 1 6 This bill exempts from the sales and use taxes the sale of 1 7 soy=based lubricants for railroad rails. 1 8 LSB 2705HH 80 1 9 mg/cf/24 1 10 1 11 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