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