House Study Bill 701



                                       HOUSE FILE       
                                       BY  (PROPOSED COMMITTEE ON
                                            WAYS AND MEANS BILL BY
                                            CHAIRPERSON VAN FOSSEN)


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

                                      A BILL FOR

  1 An Act exempting the services furnished for the production of
  2    master audio, video, film, or digital recordings or similar
  3    media from the sales and use taxes.
  4 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
  5 TLSB 6479HC 81
  6 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.  89.  The sales price of services furnished
  1  4 for the production of master audio, video, film, or digital
  1  5 recordings or similar media.
  1  6                           EXPLANATION
  1  7    This bill exempts from state sales and use taxes the
  1  8 provision of services for the production of master audio,
  1  9 video, film, or digital recordings or similar media.
  1 10 LSB 6479HC 81
  1 11 mg:rj/gg/14