House File 2001 - Introduced



                                       HOUSE FILE       
                                       BY  TYMESON, EICHHORN, HUTTER,
                                           GRANZOW, CHAMBERS, ALONS,
                                           DE BOEF, WATTS, CARROLL,
                                           HEATON, DRAKE, HOFFMAN,
                                           FREEMAN, WILDERDYKE, and
                                           UPMEYER


    Passed House, Date               Passed Senate, Date             
    Vote:  Ayes        Nays           Vote:  Ayes        Nays         
                 Approved                            

                                      A BILL FOR

  1 An Act exempting the sale of certain school supplies from the
  2    sales and use taxes during a specified time.
  3 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
  4 TLSB 5017HH 81
  5 mg/gg/14

PAG LIN



  1  1    Section 1.  Section 423.3, Code Supplement 2005, is amended
  1  2 by adding the following new subsection:
  1  3    NEW SUBSECTION.  68A.  The sales price from the sale of
  1  4 general school supplies which are intended for classroom use
  1  5 if all of the following apply:
  1  6    a.  The sales price of each item is less than twenty
  1  7 dollars.
  1  8    b.  The sale takes place during a period beginning at 12:01
  1  9 a.m. on the first Friday in August and ending at midnight on
  1 10 the following Saturday.
  1 11                           EXPLANATION
  1 12    This bill provides a sales and use tax holiday for the
  1 13 purchase of general school supplies which are intended to be
  1 14 used in the classroom if two conditions are met:  the price of
  1 15 each item is less than $20 and the sale takes place on the
  1 16 first Friday and Saturday in August.
  1 17 LSB 5017HH 81
  1 18 mg:nh/gg/14