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