HSB 96 (LSB 1161YC (2) 91)

HOUSE FILE _____ 

BY  (PROPOSED COMMITTEE ON LOCAL GOVERNMENT BILL BY CHAIRPERSON JONES)

A BILL FOR

An Act relating to permissible local sales and services tax expenditures.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:

    Section 1.  Section 423B.7, subsection 7, paragraph a, Code 2025, is amended to read as follows:
   a.  Subject to the requirement of paragraph “b”, local sales and services tax moneys received by a city or county may be expended for any lawful purpose of the city or county, including but not limited to expenses related to providing emergency medical services within the applicable city or county and payments to a nonprofit entity exempt from federal income tax pursuant to section 501(c)(3) of the Internal Revenue Code that provides public services in the applicable city or county.
EXPLANATION
The inclusion of this explanation does not constitute agreement with
the explanation’s substance by the members of the general assembly.
   This bill specifies that local sales and services tax moneys received by a city or county may be expended to a nonprofit entity exempt from income tax under section 501(c)(3) of the Internal Revenue Code that is providing public services in the applicable city or county.