House File 2025 - Introduced



                                       HOUSE FILE       
                                       BY  SCHICKEL


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

                                      A BILL FOR

  1 An Act limiting the sales tax imposed on the operation of bingo
  2    games to the net receipts.
  3 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
  4 TLSB 5174HH 82
  5 ec/rj/14

PAG LIN



  1  1    Section 1.  Section 423.2, subsection 4, unnumbered
  1  2 paragraph 2, Code Supplement 2007, is amended to read as
  1  3 follows:
  1  4    The tax imposed under this subsection covers the total
  1  5 amount from the operation of games of skill, games of chance,
  1  6 and raffles, and bingo games as defined in chapter 99B, card
  1  7 game tournaments conducted under section 99B.7B, and musical
  1  8 devices, weighing machines, shooting galleries, billiard and
  1  9 pool tables, bowling alleys, pinball machines, slot=operated
  1 10 devices selling merchandise not subject to the general sales
  1 11 taxes, the total amount less amounts awarded as prizes from
  1 12 the operation of bingo games as defined in chapter 99B, and on
  1 13 the total amount from devices or systems where prizes are in
  1 14 any manner awarded to patrons and upon the receipts from fees
  1 15 charged for participation in any game or other form of
  1 16 amusement, and generally upon the sales price from any source
  1 17 of amusement operated for profit, not specified in this
  1 18 section, and upon the sales price from which tax is not
  1 19 collected for tickets or admission, but tax shall not be
  1 20 imposed upon any activity exempt from sales tax under section
  1 21 423.3, subsection 78.  Every person receiving any sales price
  1 22 from the sources described in this section is subject to all
  1 23 provisions of this subchapter relating to retail sales tax and
  1 24 other provisions of this chapter as applicable.
  1 25                           EXPLANATION
  1 26    Under current law, the state sales and use tax is imposed
  1 27 on the gross amount derived from the operation of bingo games.
  1 28 This bill imposes the tax only on the gross amount less the
  1 29 amounts awarded as prizes.
  1 30 LSB 5174HH 82
  1 31 ec/rj/14