Senate
File
82
-
Introduced
SENATE
FILE
82
BY
ZAUN
(COMPANION
TO
HF
43
BY
PETTENGILL)
A
BILL
FOR
An
Act
exempting
investment
counseling
services
from
state
1
sales
tax.
2
BE
IT
ENACTED
BY
THE
GENERAL
ASSEMBLY
OF
THE
STATE
OF
IOWA:
3
TLSB
1258XS
(1)
84
tw/sc
S.F.
82
Section
1.
Section
423.2,
subsection
6,
unnumbered
1
paragraph
1,
Code
2011,
is
amended
to
read
as
follows:
2
The
sales
price
of
any
of
the
following
enumerated
services
3
is
subject
to
the
tax
imposed
by
subsection
5
:
alteration
4
and
garment
repair;
armored
car;
vehicle
repair;
battery,
5
tire,
and
allied;
investment
counseling;
service
charges
of
6
all
financial
institutions
,
excluding
service
charges
for
7
investment
counseling
;
barber
and
beauty;
boat
repair;
vehicle
8
wash
and
wax;
campgrounds;
carpentry;
roof,
shingle,
and
glass
9
repair;
dance
schools
and
dance
studios;
dating
services;
10
dry
cleaning,
pressing,
dyeing,
and
laundering;
electrical
11
and
electronic
repair
and
installation;
excavating
and
12
grading;
farm
implement
repair
of
all
kinds;
flying
service;
13
furniture,
rug,
carpet,
and
upholstery
repair
and
cleaning;
fur
14
storage
and
repair;
golf
and
country
clubs
and
all
commercial
15
recreation;
gun
and
camera
repair;
house
and
building
moving;
16
household
appliance,
television,
and
radio
repair;
janitorial
17
and
building
maintenance
or
cleaning;
jewelry
and
watch
18
repair;
lawn
care,
landscaping,
and
tree
trimming
and
removal;
19
limousine
service,
including
driver;
machine
operator;
machine
20
repair
of
all
kinds;
motor
repair;
motorcycle,
scooter,
and
21
bicycle
repair;
oilers
and
lubricators;
office
and
business
22
machine
repair;
painting,
papering,
and
interior
decorating;
23
parking
facilities;
pay
television;
pet
grooming;
pipe
24
fitting
and
plumbing;
wood
preparation;
executive
search
25
agencies;
private
employment
agencies,
excluding
services
26
for
placing
a
person
in
employment
where
the
principal
place
27
of
employment
of
that
person
is
to
be
located
outside
of
the
28
state;
reflexology;
security
and
detective
services;
sewage
29
services
for
nonresidential
commercial
operations;
sewing
30
and
stitching;
shoe
repair
and
shoeshine;
sign
construction
31
and
installation;
storage
of
household
goods,
mini-storage,
32
and
warehousing
of
raw
agricultural
products;
swimming
pool
33
cleaning
and
maintenance;
tanning
beds
or
salons;
taxidermy
34
services;
telephone
answering
service;
test
laboratories,
35
-1-
LSB
1258XS
(1)
84
tw/sc
1/
2
S.F.
82
including
mobile
testing
laboratories
and
field
testing
by
1
testing
laboratories,
and
excluding
tests
on
humans
or
animals;
2
termite,
bug,
roach,
and
pest
eradicators;
tin
and
sheet
metal
3
repair;
transportation
service
consisting
of
the
rental
of
4
recreational
vehicles
or
recreational
boats,
or
the
rental
of
5
motor
vehicles
subject
to
registration
which
are
registered
for
6
a
gross
weight
of
thirteen
tons
or
less
for
a
period
of
sixty
7
days
or
less,
or
the
rental
of
aircraft
for
a
period
of
sixty
8
days
or
less;
Turkish
baths,
massage,
and
reducing
salons,
9
excluding
services
provided
by
massage
therapists
licensed
10
under
chapter
152C
;
water
conditioning
and
softening;
weighing;
11
welding;
well
drilling;
wrapping,
packing,
and
packaging
12
of
merchandise
other
than
processed
meat,
fish,
fowl,
and
13
vegetables;
wrecking
service;
wrecker
and
towing.
14
EXPLANATION
15
This
bill
exempts
the
furnishing
of
investment
counseling
16
services
from
state
sales
tax.
17
-2-
LSB
1258XS
(1)
84
tw/sc
2/
2