House
File
677
-
Introduced
HOUSE
FILE
677
BY
COMMITTEE
ON
WAYS
AND
MEANS
(SUCCESSOR
TO
HSB
213)
A
BILL
FOR
An
Act
providing
a
sales
tax
exemption
for
global
positioning
1
systems
used
in
farming
operations.
2
BE
IT
ENACTED
BY
THE
GENERAL
ASSEMBLY
OF
THE
STATE
OF
IOWA:
3
TLSB
1990HV
(1)
84
tw/sc
H.F.
677
Section
1.
Section
423.3,
Code
2011,
is
amended
by
adding
1
the
following
new
subsection:
2
NEW
SUBSECTION
.
96.
The
sales
price
of
global
positioning
3
systems,
including
software
activation
and
subscription
fees,
4
used
in
farming
operations.
5
EXPLANATION
6
This
bill
provides
a
sales
tax
exemption
for
the
sales
price
7
of
global
positioning
systems,
including
software
activation
8
and
subscription
fees,
used
in
farming
operations.
9
By
operation
of
Code
section
423.6,
an
item
exempt
from
the
10
imposition
of
the
sales
tax
is
also
exempt
from
the
use
tax
11
imposed
in
Code
section
423.5.
12
-1-
LSB
1990HV
(1)
84
tw/sc
1/
1