Senate File 65 - Introduced SENATE FILE BY SCHMITZ Passed Senate, Date Passed House, Date Vote: Ayes Nays Vote: Ayes Nays Approved A BILL FOR 1 An Act exempting the sale of wood pellets to residential 2 customers from sales tax. 3 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 4 TLSB 1028XS 83 5 ak/nh/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. 84A. The sales price from the sale of 1 4 wood pellets to residential customers that are used to provide 1 5 energy for residential dwellings and units of apartment and 1 6 condominium complexes used for human occupancy. For purposes 1 7 of this subsection, "wood pellets" means pellets made from 1 8 compacted sawdust that are uniform in density and have less 1 9 than ten percent water content. 1 10 EXPLANATION 1 11 This bill exempts from sales tax the sale of wood pellets 1 12 to residential customers that are used for providing energy to 1 13 residential dwellings, apartments, or condominiums. Wood 1 14 pellets are defined as pellets made from compacted sawdust 1 15 that are uniform in density and have less than 10 percent 1 16 water content. 1 17 LSB 1028XS 83 1 18 ak/nh/5