Senate File 200 - Introduced
SENATE FILE
BY HANCOCK
Passed Senate, Date Passed House, Date
Vote: Ayes Nays Vote: Ayes Nays
Approved
A BILL FOR
1 An Act creating a sales tax exemption for information technology
2 devices during certain dates.
3 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
4 TLSB 2250SS 83
5 ak/mg:sc/5
PAG LIN
1 1 Section 1. Section 423.3, Code 2009, is amended by adding
1 2 the following new subsection:
1 3 NEW SUBSECTION. 68A. The sales price from the sale of
1 4 information technology devices when the sale takes place
1 5 during a period beginning at 12:01 a.m. on the first Friday in
1 6 August and ending at midnight on the following Saturday. For
1 7 purposes of this subsection, "information technology devices"
1 8 means computers, computer systems, computer networks, and
1 9 equipment used for input, output, processing, storage,
1 10 display, scanning, and printing.
1 11 EXPLANATION
1 12 This bill creates a sales tax exemption from the sale of
1 13 information technology devices when the sale takes place
1 14 during the first Friday and Saturday of August each year.
1 15 Information technology devices means computers, computer
1 16 systems, computer networks, and equipment used for input,
1 17 output, processing, storage, display, scanning, and printing.
1 18 LSB 2250SS 83
1 19 ak/mg:sc/5