HF 2027 (LSB 5844YH (1) 91)

HOUSE FILE 2027

BY  STONE

A BILL FOR

An Act relating to the sales tax holiday.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:

    Section 1.  Section 423.3, subsection 68, paragraph a, subparagraph (1), Code 2026, is amended to read as follows:
   (1)  The sales price of the article is less than one two hundred dollars.
EXPLANATION
The inclusion of this explanation does not constitute agreement with
the explanation’s substance by the members of the general assembly.
   This bill increases the limitation on the sales price for an item to qualify for purchase during the sales tax holiday from $100 to $200. The sales tax holiday runs during the first weekend in August.