House File 113 - Introduced
HOUSE FILE
BY PETTENGILL, LUKAN, S. OLSON,
DE BOEF, UPMEYER, STRUYK,
ALONS, HORBACH, DRAKE, DEYOE,
and PAULSEN
Passed House, Date Passed Senate, Date
Vote: Ayes Nays Vote: Ayes Nays
Approved
A BILL FOR
1 An Act exempting investment counseling services from state sales
2 tax.
3 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
4 TLSB 1606HH 83
5 ak/mg:sc/14
PAG LIN
1 1 Section 1. Section 423.2, subsection 6, unnumbered
1 2 paragraph 1, Code 2009, is amended to read as follows:
1 3 The sales price of any of the following enumerated services
1 4 is subject to the tax imposed by subsection 5: alteration and
1 5 garment repair; armored car; vehicle repair; battery, tire,
1 6 and allied; investment counseling; service charges of all
1 7 financial institutions, excluding service charges for
1 8 investment counseling; barber and beauty; boat repair; vehicle
1 9 wash and wax; campgrounds; carpentry; roof, shingle, and glass
1 10 repair; dance schools and dance studios; dating services; dry
1 11 cleaning, pressing, dyeing, and laundering; electrical and
1 12 electronic repair and installation; excavating and grading;
1 13 farm implement repair of all kinds; flying service; furniture,
1 14 rug, carpet, and upholstery repair and cleaning; fur storage
1 15 and repair; golf and country clubs and all commercial
1 16 recreation; gun and camera repair; house and building moving;
1 17 household appliance, television, and radio repair; janitorial
1 18 and building maintenance or cleaning; jewelry and watch
1 19 repair; lawn care, landscaping, and tree trimming and removal;
1 20 limousine service, including driver; machine operator; machine
1 21 repair of all kinds; motor repair; motorcycle, scooter, and
1 22 bicycle repair; oilers and lubricators; office and business
1 23 machine repair; painting, papering, and interior decorating;
1 24 parking facilities; pay television; pet grooming; pipe fitting
1 25 and plumbing; wood preparation; executive search agencies;
1 26 private employment agencies, excluding services for placing a
1 27 person in employment where the principal place of employment
1 28 of that person is to be located outside of the state;
1 29 reflexology; security and detective services; sewage services
1 30 for nonresidential commercial operations; sewing and
1 31 stitching; shoe repair and shoeshine; sign construction and
1 32 installation; storage of household goods, mini=storage, and
1 33 warehousing of raw agricultural products; swimming pool
1 34 cleaning and maintenance; tanning beds or salons; taxidermy
1 35 services; telephone answering service; test laboratories,
2 1 including mobile testing laboratories and field testing by
2 2 testing laboratories, and excluding tests on humans or
2 3 animals; termite, bug, roach, and pest eradicators; tin and
2 4 sheet metal repair; transportation service consisting of the
2 5 rental of recreational vehicles or recreational boats, or the
2 6 rental of motor vehicles subject to registration which are
2 7 registered for a gross weight of thirteen tons or less for a
2 8 period of sixty days or less, or the rental of aircraft for a
2 9 period of sixty days or less; Turkish baths, massage, and
2 10 reducing salons, excluding services provided by massage
2 11 therapists licensed under chapter 152C; water conditioning and
2 12 softening; weighing; welding; well drilling; wrapping,
2 13 packing, and packaging of merchandise other than processed
2 14 meat, fish, fowl, and vegetables; wrecking service; wrecker
2 15 and towing.
2 16 EXPLANATION
2 17 This bill exempts the furnishing of investment counseling
2 18 services from state sales tax.
2 19 LSB 1606HH 83
2 20 ak/mg:sc/14